Renewable Energy

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INSIGHT: Giant US Power Merger Bets on AI Build-Out, but May Hinge on Power Bills

Summary Regulators to assess merger on consumer impact amid AI-driven demand Deal aims to accelerate data center power projects using combined scale, expertise Consumer advocates criticize merger as benefiting shareholders over ratepayers (Reuters) – NextEra and Dominion Energy’s massive merger may depend on ​whether the combined company can keep power bills in check even as …

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Solar to Surpass Coal in Texas Power Generation in 2026, EIA Says

(Reuters) – Annual electric power generation from utility-scale solar will surpass that from coal for the first time in 2026 within the electricity grid, the U.S. Energy Information Administration said in its latest Short-Term Energy Outlook on Wednesday. Solar generation in the Electric Reliability Council of Texas (ERCOT) grid, which serves most of the state, …

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Trump’s Crackdown on China-Linked Solar Firms stalls U.S. Factory Boom

Summary Installers, banks, insurers shun China-linked U.S. solar factories Industry awaits guidance on new subsidy restrictions Financing delays threaten new U.S. power capacity as demand soars (Reuters) – Top solar companies, banks and insurers have stopped doing business with at least a half dozen recently built U.S. panel factories because of uncertainty over whether their …

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Trump Administration Cites National Security to Halt US Wind Farm Projects

(Reuters) – President Donald Trump’s administration has brought U.S. onshore ​wind development to a halt, citing national security concerns, ‌the Financial Times reported on Sunday. Approvals for about 165 onshore wind projects on private lands are being held up by the ​Pentagon, FT said, citing the American Clean Power Association ​and people close to the …

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Fervo Energy Eyes $6.5 Billion Valuation in US IPO

(Reuters) – Fervo Energy said on ‌Monday it was targeting a valuation of up to $6.5 ​billion in its ​initial public offering in the ⁠United States. The Houston-based energy ​developer also said it is ​aiming to raise up to $1.3 billion in the IPO by ​offering 55.6 million shares ​priced between $21 and $24 apiece. …

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THE ENERGY CRISIS – Welcome to the Age of Global Energy Shocks: Bousso

  The past decade has brought a rapid succession of global energy crises, driven by military conflict, extreme weather and supply-chain snarls. As today’s highly interconnected oil and gas markets become more fragmented and the low-carbon transition accelerates, recurring shocks may be becoming the norm. First came the post-pandemic inflationary surge in 2021, quickly followed …

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Democrats Question Legality of Trump, TotalEnergies Offshore Wind Deal

April 7 (Reuters) – House Democrats questioned the legality of the Trump administration’s deal to ​return nearly $1 billion to TotalEnergies (TTEF.PA) to ‌stop the development of two U.S. offshore wind farms, according to letters sent to ​administration officials and the French ​energy company. U.S. Representatives Jared Huffman and ⁠Jamie Raskin, both Democrats, sent a …

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US Weighs Near $1 Billion Settlement With TotalEnergies for Abandoning Wind Farms, NYT Reports

    U.S. officials are drafting agreements to pay French oil major TotalEnergies about $1 billion in ​settlements due to the cancellation of leases for its wind farms in ‌federal waters off New York State and North Carolina, the New York Times reported on Tuesday. Under the terms of the proposed settlements, ​the U.S. Interior …

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Price Shock Is Boon for Oil Stocks, Curse for Renewables

By Nick Heubeck and Marton Kasnyik The war in the Middle East is causing unprecedented turmoil in oil markets, supercharging shares in European energy companies that are expected to benefit from higher prices and turning other stocks into laggards. Much depends on how the Iran conflict develops, but investors have so far flocked to companies …

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US to Make Tariff Decision on Solar Panels from India, Indonesia and Laos

(Reuters) – The U.S. Commerce Department on Monday will reveal a preliminary decision on whether to impose anti-subsidy duties on solar cells and panels imported from India, Laos and Indonesia. The announcement is the first of two expected by the agency in the coming weeks in a trade case brought by a group representing a portion of …

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