Saturday, 22 February 2025

Focus on Wind

The West Pubnico Point wind farm is seen in Lower West Pubnico, N.S., on Monday, Aug. 9, 2021.  THE CANADIAN PRESS/Andrew Vaugh
BusinessEconomyElectricityFinanceIndustryNewsWind

Nova Scotia paper mill to be powered by wind farm with financing from federal agency

Cape Breton paper mill secures $224M federal loan for Goose Harbour wind farm, meeting 60 per cent of its power needs by 2026.

FILE PHOTO: A drone view shows cityscape in Riyadh, Saudi Arabia - December 1, 2024 REUTERS/Mohammed Benmansour/File Photo
BusinessCarbon ManagementNewsSolarWind

Saudi Arabia’s non-oil private sector keeps growing solidly in December, PMI shows

Saudi Arabia's non-oil private sector ended 2024 strong, highlighting progress under 'Vision 2030.'

Turbines like these off the coast of Wales are expected to help wind power become Britain's largest source of electricity in 2025 (AFP)
ClimateCoalEconomyElectricityEmissionsEnvironmentNatural GasNewsNuclear PowerOilRegulationsResiliencySolarUtilitiesWind

UK, Germany electricity cleanest on record in 2024

Renewable energy like wind and solar accounted for 59 per cent of production in Germany, while in Britain it stood at 45 per...

FILE - A machine is operated at a facility for the Norwegian company Nel in Heroya, Norway, on April 20, 2023. Nel makes devices that take water and split it into hydrogen and oxygen, known as electrolyzers, as well as fueling stations. (AP Photo/Trond R. Teigen, File)
EmissionsHydrogenIndustryNatural GasNewsNuclear PowerPoliticsRegulationsSolarTransportWind

Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups

Biden's new tax credit for cleaner hydrogen production aims to cut emissions but raises concerns over potential loopholes.

A general view of an offshore wind farm in the North Sea, August 23, 2023. NTB/Ole Berg-Rusten via REUTERS
ElectricityNewsOffshore WindOilWind

Trump demands end to North Sea ‘windmills’ in swipe at UK energy policy

North Sea production has declined from a peak of 4.4 million barrels of oil per day to around 1.3 million today.

FILE PHOTO: The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo
BusinessElectricityNewsOffshore WindWind

Equinor secures $3 billion financing for U.S. Empire Wind 1 project

The company expects the total capital investments to be around $5 billion.

Land-based wind turbines spin in Atlantic City, N.J. on Sept. 18, 2024. (AP Photo/Wayne Parry)
AnalysisBusinessElectricityInfrastructureOffshore WindUtilitiesWind

Still unable to find equipment makers, New Jersey offshore wind project seeks 2nd delay

New Jersey's offshore wind project seeks a second delay due to ongoing challenges in securing turbine equipment amid market volatility.

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