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( Reuters) – Global offshore wind capacity is set to quadruple over the next decade to reach 420 gigawatts (GW) by the end of 2035, a report by the Global Wind Energy Council (GWEC) showed on Tuesday. Around 92 GW of offshore wind was installed by the end of 2025, enough to power around 100 …
Global Offshore Wind Capacity Set to Grow to 420 GW by End of 2035, GWEC Report Says Read More »
June 2 (Reuters) – Seven U.S. states led by New York sued the Trump administration on Tuesday for cancelling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel projects. The lawsuit in the Washington, D.C., federal court challenges a …
US States Sue Trump Administration and TotalEnergies Over Offshore Wind Cancellation Read More »
(Reuters) – U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for the quarter, an industry report showed on Thursday. Energy storage capacity grew 32% in the quarter from a year ago despite federal actions the industry says are slowing clean energy development, …
US Energy Storage Additions Hit a First-Quarter Record, Report Shows Read More »
Summary Regulators to assess merger on consumer impact amid AI-driven demand Deal aims to accelerate data center power projects using combined scale, expertise Consumer advocates criticize merger as benefiting shareholders over ratepayers (Reuters) – NextEra and Dominion Energy’s massive merger may depend on whether the combined company can keep power bills in check even as …
INSIGHT: Giant US Power Merger Bets on AI Build-Out, but May Hinge on Power Bills Read More »
(Reuters) – Annual electric power generation from utility-scale solar will surpass that from coal for the first time in 2026 within the electricity grid, the U.S. Energy Information Administration said in its latest Short-Term Energy Outlook on Wednesday. Solar generation in the Electric Reliability Council of Texas (ERCOT) grid, which serves most of the state, …
Solar to Surpass Coal in Texas Power Generation in 2026, EIA Says Read More »
Summary Installers, banks, insurers shun China-linked U.S. solar factories Industry awaits guidance on new subsidy restrictions Financing delays threaten new U.S. power capacity as demand soars (Reuters) – Top solar companies, banks and insurers have stopped doing business with at least a half dozen recently built U.S. panel factories because of uncertainty over whether their …
Trump’s Crackdown on China-Linked Solar Firms stalls U.S. Factory Boom Read More »
(Reuters) – President Donald Trump’s administration has brought U.S. onshore wind development to a halt, citing national security concerns, the Financial Times reported on Sunday. Approvals for about 165 onshore wind projects on private lands are being held up by the Pentagon, FT said, citing the American Clean Power Association and people close to the …
Trump Administration Cites National Security to Halt US Wind Farm Projects Read More »
(Reuters) – Fervo Energy said on Monday it was targeting a valuation of up to $6.5 billion in its initial public offering in the United States. The Houston-based energy developer also said it is aiming to raise up to $1.3 billion in the IPO by offering 55.6 million shares priced between $21 and $24 apiece. …
Fervo Energy Eyes $6.5 Billion Valuation in US IPO Read More »
The past decade has brought a rapid succession of global energy crises, driven by military conflict, extreme weather and supply-chain snarls. As today’s highly interconnected oil and gas markets become more fragmented and the low-carbon transition accelerates, recurring shocks may be becoming the norm. First came the post-pandemic inflationary surge in 2021, quickly followed …
THE ENERGY CRISIS – Welcome to the Age of Global Energy Shocks: Bousso Read More »
April 7 (Reuters) – House Democrats questioned the legality of the Trump administration’s deal to return nearly $1 billion to TotalEnergies (TTEF.PA) to stop the development of two U.S. offshore wind farms, according to letters sent to administration officials and the French energy company. U.S. Representatives Jared Huffman and Jamie Raskin, both Democrats, sent a …
Democrats Question Legality of Trump, TotalEnergies Offshore Wind Deal Read More »
