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(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
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, …
Bezos-Backed Renewables Alliance Targets $7.5 billion for Developing Countries Read More »
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, …
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 …
Five Takeaways From the BNEF Barrel of Tomorrow Summit – Houston Read More »
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 …
COMMENTARY: UK Gas Traders Need to Watch How the Wind Blows This Winter Read More »
(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 …
HEADWINDS AHEAD: US Asks Federal Court to Cancel Permit for Maryland Offshore Wind Farm Read More »
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 …
Orsted Wins Approval for Emergency Rights Issue as Trump Threatens US Projects Read More »
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 …
Trump Supports Nuclear Power as it is ‘More American’ Than Wind, Solar, US Official Says Read More »
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 …
Equinor to Inject Nearly $1 Billion into Orsted Following US Setbacks Under Trump Read More »
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 …
A Timeline of Trump’s Moves to Dismantle the US Wind and Solar Energy Industries Read More »
