Renewable Energy

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As Solar Capacity Grows, Some of America’s Most Productive Farmland is at Risk

Dave Duttlinger stands next to land he leased to Dunns Bridge Solar LLC, Wheatfield, Indiana. April 5, 2024. REUTERS/Jim Vondruska (Reuters) – Dave Duttlinger’s first thought when he saw a dense band of yellowish-brown dust smearing the sky above his Indiana farm was: I warned them this would happen. About 445 acres of his fields …

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Surveying the World’s Path From Fossil Fuels to Clean Energy – Energy Executives and Activists Weigh In

Energy executives warn that it will be a long and costly journey, while activists and analysts say there are significant rewards and little time to waste.  The nations of the Gulf know that the world’s shift to cleaner energy could change everything: Their economies today depend on demand for oil and gas, and their efforts …

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U.S. Solar Panel Makers Seek Import Tariffs to Protect New Domestic Factories

(Reuters) – Some of the world’s largest solar equipment makers on Wednesday asked President Joe Biden’s administration to impose tariffs on panels and cells from four Asian countries to protect billions of dollars in investments in U.S. manufacturing. Seven companies – Korea’s Hanwha Qcells, Switzerland’s Meyer Burger, Norway’s REC Silicon and U.S. companies First Solar Inc, …

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Record $8.8 Bln Pulled From U.S. Sustainable Funds in Q1

European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the U.S. A combination of factors likely contributed to the U.S. sustainable fund outflows during the first three months of 2024, said Morningstar. …

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Tumble in Storage Battery Costs to Boost Shift to Renewables, Says IEA

A drone view shows California’s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake The slide in battery costs will also help provide electricity to millions of people without access, cutting by nearly half the average electricity costs of mini-grids with solar PV …

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Biden Administration Sets Plan for 12 Offshore Wind Auctions Over Five Years Despite Problems

(Reuters) – President Joe Biden’s administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year. The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said …

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America’s Clean Tech Withers Even as Imports Are Blocked

It may be challenging to assail China’s lead in some technologies, but the field is wide open for those yet to get established. By David Fickling David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. When you introduce …

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Denmark Launches its Biggest Offshore Wind Tender

(Reuters) – Denmark on Monday launched its biggest offshore wind tender to date, offering no subsidies to companies competing for the right to erect turbines on six sites with a combined capacity of up to 10 gigawatt (GW), the energy and climate ministry said. The wind farms, to be completed by 2030, are crucial if …

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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 …

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