Saturday, 22 February 2025

Focus on Invenergy

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.

FILE PHOTO: Morning commute traffic streams past the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022.  REUTERS/Peter DaSilva/File Photo
ElectricityGeothermalNewsNuclear PowerSolar

Meta buys credits from four big US solar projects

Meta signed four contracts with Chicago-based energy project developer Invenergy for enough energy to power 130,000 homes.

FILE - The first operating South Fork Wind farm turbine is seen 35 miles east of Montauk Point, N.Y., on Dec. 7, 2023. (AP Photo/Julia Nikhinson, File)
BusinessElectricityInfrastructureNewsOffshore WindRegulationsWind

US chooses winning bids in first commercial sale for floating offshore Atlantic wind

The U.S. government awarded nearly $22 million in bids for floating offshore wind leases off New England, advancing clean energy goals.

FILE PHOTO: U.S. President Joe Biden holds up a wind turbine size comparison chart while attending a meeting with governors, labor leaders, and private companies launching the Federal-State Offshore Wind Implementation Partnership, at the White House in Washington, U.S., June 23, 2022. REUTERS/Kevin Lamarque/File Photo
BusinessElectricityNewsOffshore WindSolar

US Gulf of Maine offshore wind auction poses test for beleaguered industry

Biden's administration to launch sale of offshore wind rights off northern New England, testing industry interest after setbacks.

FILE PHOTO: U.S. President Donald Trump greets Harold Hamm after he was introduced by Hamm at the Shale Insight 2019 Conference in Pittsburgh, Pennsylvania, U.S., October 23, 2019. REUTERS/Leah Millis/File Photo
BusinessCarbon ManagementClimate FinanceEconomyElectionsLegislationNewsPolitics

Trump hates Biden’s climate law. His allies are making money from it

Donald Trump promises to cut Biden's climate subsidies if elected. Yet many of his allies benefit from them through clean energy investments.

A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022.  Picture taken with drone. REUTERS/Megan Jelinger/File Photo
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsPoliticsRegulationsSolarTradeTransmissionUtilities

US to unveil first of two decisions on more solar tariffs

U.S. may tariff solar panels from four Southeast Asian nations citing unfair subsidies, to support domestic solar manufacturing.

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.

Land-based wind turbines spin in Atlantic City, N.J., April 28, 2022. (AP Photo/Wayne Parry)
BusinessElectricityNewsWind

Another New Jersey offshore wind project runs into turbulence

Amid opposition in New Jersey, proposed offshore wind farm development held up by failing to secure a manufacturer for turbine blades.

Land-based wind turbines spin in Atlantic City. N.J., on Nov. 3, 2023. On Tuesday, April 30, 2024, New Jersey utility regulators opened a fourth round of solicitations for new offshore wind farm proposals to join the three that already have preliminary approval. (AP Photo/Wayne Parry)
ElectricityNewsPoliticsUtilitiesWind

New Jersey seeks fourth round of offshore wind power proposals as foes push back

New Jersey is seeking a new round of proposals to build wind energy farms off its coastline, forging ahead with its clean energy...

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