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(Reuters) – President Joe Biden’s administration on Tuesday unveiled final rules for new clean energy subsidies in an effort to make jobs and wages in green industries competitive with those in oil and gas. The guidelines for companies seeking to claim tax credits tied to job quality are aimed at delivering on Biden’s vision that …
U.S. Unveils Rules for Subsidies to Boost Clean Energy Wages Read More »
(Reuters) – Japan, a major coal and liquefied natural gas (LNG) buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power together with storage batteries, said Jarand Rystad, chief executive of the Rystad Energy consultancy. Japan imports most of its energy resources, with the Middle East, Australia and the United States …
Japan Could be Energy-Independent by 2060 Thanks to Renewables, Rystad Energy CEO Says Read More »
The US election in November may leave certain Inflation Reduction Act programs and regulations vulnerable to repeal, according to KKR & Co.’s global head of infrastructure, Raj Agrawal. “Many of our clients are asking whether we think there is an electoral outcome that will result in the repeal of the Inflation Reduction Act, which is providing …
U.S. Election May Leave Parts of Inflation Reduction Act Vulnerable, KKR Says Read More »
(Reuters) – A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year. The dynamic could result in a mini-boom in already red-hot U.S. solar installations, …
U.S. Solar Projects Could Boom Amid Deadline to Use Up Tax-Exempt Panel Glut Read More »
LONDON, June 6 (Reuters) – Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going into fossil fuels, an International Energy Agency report showed. Total energy investment is expected to exceed $3 trillion for the first time in 2024, the IEA said in its annual …
IEA Expects Global Clean Energy Investment to Hit $2 trillion in 2024 Read More »
(Reuters) – Countries’ climate plans are not yet in line with a goal to triple renewable energy capacity worldwide by 2030 which was set at the COP28 climate summit in Dubai last year, a report by the International Energy Agency (IEA) said on Tuesday. WHY IT’S IMPORTANT The target would involve increasing installed renewable energy …
(Reuters) – The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider range of clean energy technologies including nuclear fission and fusion. The Treasury Department announced its guidance for Clean Electricity Production Credits and Clean Electricity Investment Credits, created under the …
Biden Administration Expands Tax Credits Beyond Wind, Solar Read More »
PARIS, May 23 – Sluggish project approvals and the fact that wind power is sold to the government, rather than directly to customers, make France less attractive than some other countries for renewable investments, according to the director of TotalEnergies France. Isabelle Patrier was speaking ahead of TotalEnergies’ inauguration on Friday of a 63-megawatt wind …
France Less Attractive for Renewable Investment than Other Countries, TotalEnergies Says Read More »
Summary After rapid increases in offshore wind turbine capacities, western suppliers are doubling down on existing models to drive supply chain efficiencies and reduce risks. Another stumble for offshore wind in New York has highlighted shifting sentiment in the offshore wind turbine market. Last month, New York State Energy Research and Development Authority (NYSERDA) …
Wind Turbine Makers Halt Race for Size to Focus on Cost, Delivery Read More »
(Reuters) – The White House on Thursday said it would protect domestic solar factories from Chinese competition by scrapping a tariff exemption for imported double-sided panels and making it easier for projects to claim a subsidy for using American-made products. The moves come as President Joe Biden touts his economic policies ahead of a November …
White House Moves to Protect U.S. Solar Manufacturers from Chinese Competition Read More »
