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(Reuters) – The U.S. solar industry installed 11.7 gigawatts of new solar capacity in the third quarter, a jump of 49% sequentially, a study by the Solar Energy Industries Association and Wood Mackenzie showed on Tuesday. The report said solar accounted for 58% of all new electricity-generating capacity added to the U.S. grid through the …
US Solar Installations Jump 49% in Third Quarter, Report Says Read More »
By Mark Chediak and Ari Natter President Donald Trump’s executive order directing government agencies to halt approving new wind energy projects was ruled illegal by a federal judge. The ruling Monday sided with more than a dozen states and a New York clean energy group that had challenged the executive order that essentially froze US …
Trump Ban on Wind Energy Projects Ruled Illegal by US Judge Read More »
Dec 8 (Reuters) – NextEra Energy (NEE.N) on Monday raised its adjusted profit forecast for the current-year as well as 2026, as the utility benefits from a surge in power demand driven by data centers. This move comes amid increased power demand driven by data centers strains grids across the country and as a wave …
NextEra Energy Forecasts Higher Adjusted Profit Growth in 2026 Read More »
Canadian Solar, was the world’s seventh-biggest producer of solar panels last year A major solar panel manufacturer is transferring the assets of its Chinese unit to Canadian ownership, to safeguard sales into the U.S. as Washington steps up scrutiny of imports from the Asian nation. CSI Solar Co., based in Suzhou, will sell 75.1 per …
Canadian Solar Transfers Assets to Avoid U.S. Scrutiny on China Read More »
Clyde Russell Summary (Reuters) – The weak statement that omitted any mention of fossil fuels was probably the best outcome that could have been realistically expected of the COP30 climate summit. It was always going to be a tall order to put nearly 200 countries with massively different perspectives together and deliver a strong statement …
COMMENTARY: Limp COP30 Deal Matters Little in Renewables vs Fossil Battle Read More »
By Ron Bousso Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double by 2030 Trade tensions to nevertheless slow the energy transition LONDON, Nov 20 (Reuters) – Stalled climate negotiations at COP30 and stubbornly high fossil fuel demand reflect the growing market consensus that the energy …
COMMENTARY: Investors Risk Being Hoodwinked by Grim Energy Transition Vibes – Ron Bousso Read More »
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago. The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters. The landmark UN COP21 climate agreement signed …
The Future of the Energy Transition Will be Fractured, Bumpy and Long: Bousso Read More »
(Reuters) – Global investments in renewable energy aren’t bearing fruit and the world should focus on securing reliable supplies of fossil fuels, U.S. energy and interior secretaries said this week as they worked on convincing Europe to buy more U.S. oil and gas. The U.S. has become Europe’s top oil and gas supplier on the …
US Urges Europe to Stick to Oil and Gas, Not Renewables Read More »
By Stine Jacobsen and Louise Rasmussen Offshore wind capacity seen up 20-25% annually until 2030 Terms of European offshore wind auctions improving, firms say Faster permitting, better auction designs, grid expansion needed Vestas Q3 operating profit 416 million euros, beats forecast Orsted swings to $265 million net loss in Q3 COPENHAGEN, Nov 5 (Reuters) – …
Offshore Wind Leaders Urge European Policy Fixes as Trump freezes US Permits Read More »
By Gavin Maguire LITTLETON, Colorado, Nov 4 (Reuters) – Breakthroughs in drilling methods and heat extraction techniques are widening the appeal of geothermal power systems across the world, and geothermal generation capacity is on track to double once projects currently in development are completed. Currently, only around 2% of global energy generation comes from geothermal …
COMMENTARY: Going Underground: A Tour of Global Geothermal Projects in Progress Read More »
