Renewable Energy

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U.S. Seeks Bids for Offshore Wind Acreage Off Texas After Hecate Expresses Interest

Latest, Renewable Energy, US News, Wind / By

By Reuters The U.S. Bureau of Ocean Energy Management said on Friday it is seeking competitive bids for offshore wind leases off the coast of Texas after renewable energy developer Hecate Energy Gulf Wind LLC made an unsolicited bid. The administration of President Joe Biden sees offshore wind power as a vital part of a broader …

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Natural Gas Shows Its Staying Power as U.S. Wind Output Slumps: Maguire

Conventional Energy, Latest, Natural Gas, Renewable Energy, Tri-Pinned, Wind / By

Power producers in the United States are becoming increasingly reliant on natural gas for generation, even as the country builds out renewable energy capacity at a record pace. Renewable energy sources have been grabbing a steadily growing share of the power mix for years, which has allowed power firms to cut coal-fired power and reduce …

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The Top U.S. States for Renewable Power Generation Capacity

Latest, Renewable Energy, Solar, US News / By

(Reuters) – California and Texas are the two largest producers of electricity from renewable power, and dominate most discussions about renewable energy generation in the United States. But several other states have developed far larger shares of renewable capacity within their utility-scale generation systems, and so draw a greater proportion of clean power in state …

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US Wind Power Falls to 33-Month Low, Generators Burn More Natgas

Latest, Renewable Energy, US News, Wind / By

(Reuters) The amount of electricity produced by wind farms in the U.S. fell to a 33-month low on Monday, forcing power generators to crank up natural-gas fired plants to keep air conditioners humming during a hot summer day. Over the past few years, much of the money energy firms have invested in new generation has …

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U.S. Solar Factory Outlook Hit by Supply, Demand Headwinds

Latest, Renewable Energy, Solar, US News / By

By Neil Ford Industry Insight from Reuters Events, a part of Thomson Reuters. Summary A dependence on components from Asia, import tariff uncertainty and demand concerns have curbed plans for American solar factories. U.S. module factory capacity rose 11 GW in Q1 2024 as tax credits in the 2022 Inflation Reduction Act bore fruit, data …

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Chinese Wind Turbine-Makers Move into Europe as Trade Tensions Flare

CDN and International News, Latest, Renewable Energy, Wind / By

Summary Europe has painful memories of Chinese solar panels German government said it was monitoring Mingyang deal RWE visited Mingyang production in China China exploring production in Europe (Reuters) – Chinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the …

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NY Governor Announces Start of Construction on Sunrise Wind Project

Latest, Renewable Energy, US News, Wind / By

July 17 (Reuters) – New York Governor Kathy Hochul announced the start of construction on Sunrise Wind, a 924-megawatt offshore wind project developed by Oersted (ORSTED.CO), the New York State Energy Research and Development Authority (NYSERDA) said on Wednesday. The project will provide enough clean energy to power about 600,000 New York homes once completed …

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Many US Solar Factories are Lagging. Except Those China Owns

Latest, Renewable Energy, Solar, US News / By

July 17 (Reuters) – Construction of U.S. solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the nascent industry, as other American factories struggle to compete despite federal subsidies. Chinese companies will have at least 20 gigawatts’ worth of annual solar panel production capacity on U.S. soil within the next year, …

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US Solar Panel Makers Seek Tougher ‘Made in USA’ Rules

Latest, Renewable Energy, Solar, US News / By

July 17 (Reuters) – A group of U.S. solar manufacturers is calling on the Biden administration to toughen rules governing a tax credit for solar project developers that use domestically produced components, saying they can get the credit without using American solar panels. WHY IT’S IMPORTANT The Biden administration has sought to expand investment in …

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Renewables Growth Rate Insufficient to Reach 2030 Target, says IRENA

CDN and International News, Latest, Renewable Energy, Solar, Wind / By

(Reuters) – The world risks missing a goal to triple renewable energy capacity by 2030 as the current growth rate is inadequate, a report by the International Renewable Energy Agency (IRENA) showed on Thursday. CONTEXT A U.N. climate change conference in Dubai last year set a goal of tripling renewable energy capacity worldwide by 2030 …

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