Saturday, 18 January 2025

Focus on Siemens

FILE PHOTO: U.S. President Donald Trump attends a news conference after his summit with North Korean leader Kim Jong Un, at the JW Marriott Hotel in Hanoi, Vietnam February 28, 2019. REUTERS/Jorge Silva/File Photo
BusinessElectricityIndustryNewsOffshore WindPoliticsWind

European wind stocks take beating after Trump calls turbines ‘garbage’

Wind power stocks drop as Trump vows to block new turbines, raising fears over U.S. renewable energy market shifts.

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.

Energy Security and Net Zero Secretary Ed Miliband during a visit to the Siemens Energy turbine factory in Hull to launch the clean power 2030 action plan (Danny Lawson/PA)
ClimateEconomyElectricityEmissionsEnvironmentIndustryInfrastructureNewsPoliticsSolarWind

UK ministers to be given powers to bypass local opposition to onshore wind farms

Ed Miliband says he will be able to bypass local opposition to onshore wind farms as Energy Secretary under plans to decarbonize the...

FILE PHOTO: A U.S. Postal Service (USPS) logo is pictured on a mail box in the Manhattan borough of New York City, New York, U.S., August 21, 2020. REUTERS/Carlo Allegri/File Photo
BusinessElectric Vehicles (EVs)InfrastructureNewsPolitics

Trump may cancel US Postal Service electric mail truck contract, sources say

Trump's team may cancel USPS contracts for electric delivery trucks, aligning with his rollback of Biden's EV and climate policies.

News ReleaseNews

Heirloom Raises $150 Million Series B to Rapidly Scale Commercial Direct Air Capture

BRISBANE, Calif.--(BUSINESS WIRE)--Heirloom, America’s leading Direct Air Capture (DAC) technology provider, has raised $150 million in Series B funding. The round was co-led...

FILE PHOTO: A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
AnalysisBusinessEconomyLegislationPoliticsRegulationsSemiconductorStorageTrade

What the U.S. chip crackdown on China means: Key industries and technologies affected

U.S. targets China’s chip ambitions with new export curbs, affecting 140 firms, advanced tools, software, and memory tech.

Electric vehicle charging stations are seen in Beijing, Friday, Oct. 11, 2024. (AP Photo/Caroline)
AnalysisBusinessEconomyElectric Vehicles (EVs)

After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical

EV adoption in China thrives with government support, while the U.S. and Europe struggle with costs, infrastructure, and policy.

AnalysisBusinessEconomyElectricityOffshore WindRegulationsTransmissionUtilitiesWind

Status update: UK offshore wind farms

The UK’s offshore wind farms are vital to its net-zero target, aiming for 50 GW by 2030 to power millions of homes and...

FILE PHOTO: A logo of Nexans is seen on F/UTP cable, at the Rexel Expo, at Porte de Versailles exhibition center in Paris, France June 20, 2022. REUTERS/Benoit Tessier/File Photo
BusinessElectricityInfrastructureNewsOffshore WindTradeTransmission

Offshore wind cable maker Nexans says it might turn US plant into export hub

Nexans may turn its U.S. plant into an export hub to Europe if Trump’s policies challenge U.S. offshore wind projects.

News ReleaseNews

Enlight Renewable Energy Reports Third Quarter 2024 Financial Results

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Nov. 13, 2024 (GLOBE...

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