Renewable Energy

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US Will Return to Treasury $13 Billion That Was Slated for Renewables and EVs, Energy Secretary Says

(Reuters) – U.S. Energy Secretary Chris Wright said at a press conference in New York that his department would announce on Wednesday the return to the U.S. Treasury of $13 billion that was slated to subsidize wind, solar, batteries and electric vehicles. Reporting by Timothy Gardner; Editing by Mark Porter

Bezos-Backed Renewables Alliance Targets $7.5 billion for Developing Countries

Summary Global Energy Alliance for People and Planet lays out new five-year plan Targets at least $500 mln in philanthropic capital Slide in official aid a focus at New York Climate Week, COP30 (Reuters) – An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion during its next five-year plan, …

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Exclusive: Bezos-Backed Renewables Alliance Targets $7.5 billion for Developing Countries

Summary Global Energy Alliance for People and Planet lays out new five-year plan Targets at least $500 mln in philanthropic capital Slide in official aid a focus at New York Climate Week, COP30 (Reuters) – An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion during its next five-year plan, …

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Five Takeaways From the BNEF Barrel of Tomorrow Summit – Houston

Takeaways by Bloomberg AI Companies are looking outside of the US for opportunities due to Trump rolling back clean-tech incentives, with the green hydrogen industry and carbon capture and storage being affected. Regulation is needed to scale green tech, with executives saying that policy support, including mandates, is necessary to lower technology costs and guarantee …

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US Northeast Electricity Imports from Canada Drop, EIA Reports

Electricity imports from Canada into New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE) have dropped due to drought conditions in Canada and lower U.S. Northeast electricity demand, the U.S. Energy Information Administration (EIA) said in a report on Friday. The EIA noted that from January to August 2025, imports into …

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COMMENTARY: UK Gas Traders Need to Watch How the Wind Blows This Winter

By Gavin Maguire LITTLETON, Colorado, Sept 16 (Reuters) – The outlook for wind speeds around the United Kingdom this autumn and winter will likely be decisive for the UK’s gas market over the coming months, with potentially far-reaching consequences for Europe’s gas and power arenas. Any extension of the below-normal wind farm output seen so …

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HEADWINDS AHEAD: US Asks Federal Court to Cancel Permit for Maryland Offshore Wind Farm

(Reuters) – The Trump administration asked a federal judge to cancel the 2024 approval of a wind farm off the coast of Maryland, saying former U.S. President Joe Biden’s administration had underestimated threats it would cause to search and rescue operations and commercial fisheries, according to court documents filed on Friday. If approved by the court, the …

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COMMENTARY: Oil Boom Conceals a Green Energy Jackpot

(Reuters Breakingviews) – The fracking boom has already delivered one titanic surprise, making the United States the world’s largest oil producer in recent years. Long considered an environmental villain, this technology may have one more unexpected twist in store, inadvertently serving as a tool for accessing carbon-free electricity while undercutting costly alternatives like nuclear power. …

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US Solar Installation Forecast Slashed Due to Trump Policies, Report Says

(Reuters) – The U.S. solar industry is at risk of installing 27% less capacity between 2026 and 2030 than before the passage of President Donald Trump’s tax law that rolled back subsidies for such projects, a key trade group said in a report on Monday. WHY IT’S IMPORTANT The forecast by the Solar Energy Industries …

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Baker Hughes Joins Giant California Geothermal Power Project

By Laila Kearney Baker Hughes to collaborate on 500-megawatt project Geothermal energy gains interest from Big Tech for AI power needs CTR’s Hell’s Kitchen project spans 4,500 acres near Salton Sea Baker Hughes to help raise capital for Hell’s Kitchen project NEW YORK, Sept 9 (Reuters) – U.S. oilfield services firm Baker Hughes (BKR.O) is …

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