Renewable Energy

Auto Added by WPeMatico

New Wind Installations Hit a Record Last Year, Report Says

(Reuters) – The global wind industry installed a record 117 gigawatts (GW) of new capacity last year but needs to add triple this amount annually by the end of the decade to meet climate targets, according to an industry report on Tuesday. The Global Wind Energy Council (GWEC) report said capacity installation last year was …

New Wind Installations Hit a Record Last Year, Report Says Read More »

Losing Hope of Rescue, Some European Solar Firms Head to U.S.

(Reuters) – European governments due to move to support their solar power manufacturers this week will be too late to stop solar panel maker Meyer Burger packing up a German factory to send production to the United States. The plant in Freiberg in eastern Germany closed in mid-March with the loss of 500 jobs, as …

Losing Hope of Rescue, Some European Solar Firms Head to U.S. Read More »

U.S. Surpasses Renewable Energy Goal for Public Lands

(Reuters) – The Biden administration on Thursday said the U.S. had surpassed a goal of permitting more than 25 gigawatts of clean energy projects on public lands by 2025 and finalized a plan to slash project fees for wind and solar energy on federal acreage. WHY IT’S IMPORTANT The announcement marks the latest effort by …

U.S. Surpasses Renewable Energy Goal for Public Lands Read More »

Biden, Kishida Eye Wind Power as Japan Worries About LNG Supply

US moratorium on LNG export permits drew concern from Tokyo Japan joins effort to promote floating offshore wind energy   US President Joe Biden and Japanese Prime Minister Fumio Kishida pledged to intensify efforts to harness wind power and speed the transition to clean-energy amid concerns in resource-scant Japan over access to liquefied natural gas. “The United States remains …

Biden, Kishida Eye Wind Power as Japan Worries About LNG Supply Read More »

Renewables Growth Still Lags Climate Targets, Think Tank Says

(Reuters) – The world added less than half of the new renewable energy capacity needed to meet its climate goals last year, with rising energy demand and weak grid infrastructure slowing the shift from fossil fuels, a leading think tank said on Thursday. Global renewable capacity additions increased by 36% last year to reach around …

Renewables Growth Still Lags Climate Targets, Think Tank Says Read More »

Biden Administration Awards $20 Bln for Clean Energy Investment in Low-Income Communities

(Reuters) – Vice President Kamala Harris and Environmental Protection Agency Administrator (EPA) Michael Regan on Thursday announced eight organizations that will oversee the spending of $20 billion in grants to fund tens of thousands of clean energy and transportation projects in disadvantaged communities across the United States. The $20 billion, made available through the $27 …

Biden Administration Awards $20 Bln for Clean Energy Investment in Low-Income Communities Read More »

Biden Administration Approves Eighth U.S. Offshore Wind Project

WASHINGTON, April 2 (Reuters) – The U.S. Interior Department on Tuesday approved the country’s eighth commercial-scale offshore wind project, which will be built off the coast of Massachusetts, bringing online electricity to power more than 900,000 homes. WHY IT IS IMPORTANT The New England Wind Project approval brings the U.S. one-third of the way to …

Biden Administration Approves Eighth U.S. Offshore Wind Project Read More »

U.S. Climate Law Has Boosted Solar, Batteries; Hydrogen, Other Initiatives Lag

The U.S. has doubled the pace of cutting carbon emissions since President Joe Biden’s Inflation Reduction Act (IRA) passed in 2022, analysts and scientists said, with more than 80 solar, wind and energy storage projects taking advantage of the law’s mix of direct payments and tax credits. The IRA and the Bipartisan Infrastructure Law last …

U.S. Climate Law Has Boosted Solar, Batteries; Hydrogen, Other Initiatives Lag Read More »

Biden Administration Approves the Nation’s Seventh Large Offshore Wind Project

BY THE ASSOCIATED PRESS The Biden administration greenlit the seventh large offshore wind project in the United States Tuesday. Danish wind energy developer Ørsted and the utility Eversource plan to build a 924-megawatt project, Sunrise Wind, 30 miles (48 kilometers) east of Montauk, New York. They say the wind farm will power about 600,000 New York …

Biden Administration Approves the Nation’s Seventh Large Offshore Wind Project Read More »

U.S. Solar Factories Need More Government Support to Succeed, Report Says

(Reuters) – U.S. efforts to build a domestic supply chain for solar energy components is stalled and will require urgent government action to support the factories needed to compete with China, according to a report published on Wednesday. The analysis by Guidehouse Insights, commissioned by the Solar Energy Manufacturers for America Coalition, said existing federal …

U.S. Solar Factories Need More Government Support to Succeed, Report Says Read More »