Friday, 31 January 2025

Focus on Electricity

FILE PHOTO: A windfarm is seen on Anglesey, north Wales May 2, 2011.  REUTERS/Toby Melville/File Photo
BusinessElectricityNewsSolarWind

Octopus Energy to invest $2.7 billion in UK clean energy

UK's Octopus Energy announced on Thursday it will invest £2 billion ($2.7 billion) in British clean energy projects by 2030.

A construction barge and crane float next to the first jacket (Centre) installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. Other support jackets and platforms sit on a barge (Left) behind the crane. The project by Deepwater Wind off the coast of Block Island, was North America's first offshore wind farm. At the time, the company said the milestone could pave the way for an industry long established in Europe but still struggling with opposition in the United States. REUTERS/Brian Snyder
AnalysisBusinessElectricityIn-DepthPoliticsRegulationsUtilitiesWind

Status update: U.S. offshore wind projects from permit stage to online

With U.S. offshore wind capacity set to grow rapidly over the next few years, we take stock of where things are now and...

A land-based wind turbine spins in Atlantic City, N.J. on Sept. 18, 2024. (AP Photo/Wayne Parry)
ElectricityInfrastructureManufacturingNewsWind

New Jersey hits pause on offshore wind project Leading Light Wind

New Jersey hit the pause button Wednesday on the project for having a hard time finding someone to manufacture blades for its turbines.

An image of Scotland's First Minister John Swinney (Andrew Milligan/PA)
ElectricityNewsSolarWind

Scotland and GB Energy discuss ‘unrivalled opportunity’ for renewables

Scotland's First Minister, Mr Swinney, said the government will work constructively with GB Energy to revive the country's renewable potential.

Steam rises out of the nuclear plant on Three Mile Island, with the operational plant run by Exelon Generation, in Middletown, Pennsylvania (AFP)
AnalysisElectricityEnvironmentNuclear PowerPoliticsRegulations

Restarting nuclear power plants: The unprecedented gamble in the US

US energy companies plan to restart two nuclear plants to meet growing electricity demand and transition to clean energy.

The Prime Minister announced the move on Tuesday (Stefan Rousseau/PA)
BusinessEconomyElectricityInfrastructureNewsPoliticsSolarTransmissionUtilitiesWind

GB Energy announcement welcomed as Starmer urged to ‘accelerate’ action

The announcement of GB Energy being based in Aberdeen has been welcomed, as ministers were urged to “accelerate” the creation of the agency....

A pedestrian walks past the logo of Australia's biggest investment bank Macquarie Group Ltd which adorns a wall on the outside of their Sydney office headquarters in central Sydney, Australia, July 18, 2017.  Picture taken July 18, 2017. REUTERS/David Gray/File Photo
BusinessElectricityFinanceNewsSolarWind

Australia’s Macquarie to take minority stake in D.E. Shaw’s green energy arm for up to $1.73 billion

Macquarie Group is investing up to $1.73 billion for a minority stake in D.E. Shaw's green energy arm, signaling strong demand for renewable...

FILE PHOTO: The Mazar Dam and the flow of the Paute River are pictured on the day the Ecuador military enters to assume operations, in San Pablo, Ecuador September 17, 2024. REUTERS/Karen Toro/File Photo
ClimateElectricityEnvironmentHydropowerInfrastructureNewsResiliency

Three hydroelectric dams in Ecuador offline until water levels recover

Three hydroelectric dams in Ecuador have ceased operating due to low water levels amid the country's worst drought in over 60 years.

Brookfield Renewable logo is shown in a handout. The company and its institutional partners have signed an agreement to sell its Saeta Yield renewable energy business in Europe to the UAE's Masdar in a deal valued at US$1.4 billion. THE CANADIAN PRESS/HO
BusinessElectricityFinanceInfrastructureNewsSolarUtilities

Brookfield sells Saeta renewable power business to Masdar for US$1.4B

TORONTO — Brookfield Renewable and its institutional partners have signed an agreement to sell its Saeta Yield renewable energy business in Europe to...

Login into your Account

Please login to like, dislike or bookmark this article.