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GE Vernova’s Wind Setbacks Overshadow Strong Showing From Power, Electrification Units

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By Vallari Srivastava and Sumit Saha Jan 28 (Reuters) – GE Vernova (GEV.N) said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts project and that it was expecting a drop in order backlog. The company said the failure to …

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Trump Nixes $1.8 Billion Biden-Era Loan to Arizona Utility for Clean Energy

Electricity Grid, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

By Ari Natter A $1.8 billion loan guarantee to an Arizona utility to deploy clean energy are among the projects the Energy Department has canceled following a review of loans made during former President Joe Biden’s administration, according to the department. The conditional loan guarantee to Arizona Public Service Company, a subsidiary of Pinnacle West …

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Judge Revives Martha’s Vineyard Wind Project Halted by Trump

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By Mark Chediak and Brian Dowling A US judge said a nearly completed, $4.5 billion wind project off the coast of Massachusetts can resume construction weeks after the Trump administration required all such developments to stop work. US District Judge Brian Murphy on Tuesday granted Vineyard Wind’s request for a preliminary injunction, effectively reviving the …

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America’s Hatred of ‘Loser’ Wind Farms Is Contagious

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By Lara Williams Donald Trump’s hatred of wind power continues. In a speech in Davos last week that managed to upset almost everyone, the US president still found time to get in a few trademark digs at renewable energy. “There are windmills all over Europe… and they are losers,” he said, in a strange anthropomorphism. …

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What Democrats Can Learn From the Trump Energy Playbook

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Democrats shouldn’t be afraid to take more aggressive actions on clean energy, former Energy Secretary Jennifer Granholm said. By Michelle Ma and Mark Chediak President Donald Trump’s scorched-earth approach toward renewable energy can offer inspiration for a future Democratic administration looking to retake the initiative to cut emissions, according to Jennifer Granholm, energy secretary under …

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European Nations Reinforce Wind Power Commitment With 100 GW Pledge

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LONDON, Jan 26 (Reuters) – Britain, Germany, Denmark and other European countries will sign a clean energy pact at a summit in Hamburg on Monday, pledging to deliver 100 gigawatts (GW) of offshore wind power through large-scale joint projects, the British government said. The agreement comes days after U.S. President Donald Trump stepped up criticism …

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US Is Canceling Almost $30 Billion in Biden-Era Energy Loans

Energy Topics & Technology, Finance, Latest, Renewable Energy, Solar, US News, Wind / By

Takeaways by Bloomberg AI The Trump administration is canceling almost $30 billion of financing from the Energy Department’s green bank after reviewing transactions approved under former President Joe Biden. The Energy Department plans to revise another $53 billion of funding and has eliminated about $9.5 billion in financing for wind and solar projects. The Energy …

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Davos: China Defends Wind Power Strategy After Trump’s Criticism

CDN and International News, Latest, Renewable Energy, Wind / By

BEIJING, Jan 22 (Reuters) – China defended its wind power record and reinforced its commitment to promote the global transition to low-carbon energy, after U.S. President Donald Trump’s criticism at the World Economic Forum annual meeting in Davos, Switzerland. “China’s efforts to tackle climate change and promote the development and application of renewable energy in …

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Judge Says Dominion Energy Can Resume Wind Project U.S. Halted

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The U.S. offshore wind industry has faced other difficulties, including soaring inflation and supply chain snarls Bloomberg News Dominion said in court papers that it is losing about US$5 million a day on vessel contracts alone because of the Dominion Energy Inc. can restart construction of a wind project off the coast of Virginia while it continues …

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US Judge to Weigh Dominion Request to Restart Virginia Offshore Wind Project Stopped by Trump

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  (Reuters) – A federal judge on Friday will consider whether to allow Dominion Energy  to resume construction on its $11.2 billion Virginia offshore wind project in a lawsuit against the Trump administration over its suspension of the venture. The hearing in U.S. District Court for the Eastern District of Virginia will be the third time …

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