Renewable Energy

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BlackRock’s GIP Sees ‘Enormous’ Opportunity in Geothermal Energy

By Ishika Mookerjee Clean energy projects focused on geothermal and nuclear power have the potential to unlock huge returns for investors, according to an executive at BlackRock Inc.’s Global Infrastructure Partners. “Geothermal is a part of energy dominance, nuclear is a part of energy dominance,” said Salim Samaha, head of transition fund at the infrastructure investor, which …

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Orsted Wins Approval for Emergency Rights Issue as Trump Threatens US Projects

Summary Orsted shareholders back $9.4 billion rights issue Group’s two US projects at risk in Trump’s war on wind power S&P Global warns equity raise offers limited relief from credit pressures Orsted’s shares down 85% from 2021 peak COPENHAGEN, Sept 5 (Reuters) – Danish offshore wind developer Orsted secured shareholder approval on Friday for a $9.4 …

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Trump Supports Nuclear Power as it is ‘More American’ Than Wind, Solar, US Official Says

 The Trump administration is more willing to support loan guarantees and tax breaks for nuclear power than for wind and solar because it is “more American” than those forms of energy, the director of the U.S. Energy Dominance Council said on Thursday. Jarrod Agen said nuclear power is more likely to be made from U.S.-made …

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Equinor to Inject Nearly $1 Billion into Orsted Following US Setbacks Under Trump

Summary Equinor supports Orsted’s rights issue Will subscribe for shares worth up to $941 million Says it sees value in strategic collaboration with Orsted Will nominate candidate to Orsted’s board Orsted shares rise 4.7% COPENHAGEN/OSLO, Sept 1 (Reuters) – Norway’s Equinor  will pump nearly $1 billion into Orsted’s  emergency fundraising it said on Monday, bolstering the Danish offshore wind …

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A Timeline of Trump’s Moves to Dismantle the US Wind and Solar Energy Industries

By Nichola Groom (Reuters) – U.S. President Donald Trump has used his second term in the White House to stymie development of wind and solar energy facilities that were a cornerstone of former President Joe Biden’s climate and energy agendas. Here is a timeline of actions his administration has taken to unravel federal support for …

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US Renewable Investments Fell 36% on Trump’s Policies, BNEF Says

By Tope Alake US investments in renewable energy projects plunged this year as developers responded to White House policy shifts targeting the sector. Investments fell by $20.5 billion, or 36%, in the first half of the year from the prior six months, according to a Tuesday report from BloombergNEF. Wind and solar commitments fell 18% …

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Charted: The Shift in Global Energy Investment (2015-2025)

By Dorothy Neufeld Key Takeaways In 2025, global renewable energy investment is projected to hit $780 billion, outpacing oil investment by $237 billion. Over the past decade, investment in renewables has surged 109%. Global energy investment has shifted dramatically in the last decade. As the world transitions to cleaner sources, capital is flowing into technologies …

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COMMENTARY: Danish Wind Giant is Trapped in a Bad US Bet

By Yawen Chen LONDON, Aug 26 (Reuters Breakingviews) – Add $12-billion Orsted (ORSTED.CO) to the list of companies swept up in U.S. President Donald Trump’s storm. A Washington agency late last week halted work on a nearly finished wind-power project. The big question for CEO Rasmus Errboe is what it all means for a separate …

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Connecticut Says Deal Possible After US Halts Wind Project

By Georgia Hall Connecticut Governor Ned Lamont vowed to work with the Trump administration to restart construction on a major offshore wind development, saying there’s “a deal to be had” despite the Interior Department’s surprise move to halt the project. Lamont, a Democrat, said he’s already been discussing regional power supplies with the Interior and …

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Geothermal Energy in the United States: Overview, Developments, Exploration Areas, and Leading Companies

Harnessing Earth’s Heat for a Sustainable Future Overview of Geothermal Energy in the United States Geothermal energy, derived from the natural heat stored beneath the Earth’s surface, has long been part of the United States’ diverse portfolio of renewable energy resources. This form of energy is reliable, sustainable, and capable of providing both electricity and …

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