Tuesday, 29 April 2025

USA

FILE PHOTO: Miniatures of solar panel and electric pole are seen in front of First Solar logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyElectricityFinanceNewsSolar

First Solar lowers annual sales forecast, posts rise in Q3 profit

First Solar cuts its 2024 sales forecast to $4.10–$4.25 despite a 16.6 per cent Q3 profit rise, aided by Biden's tariffs on imports.

In this Sept. 18, 2024 file photo, a billboard supporting offshore wind power projects sits on a roadside near land-based wind turbines in Atlantic City, N.J. (AP Photo/Wayne Parry, file)
AnalysisBusinessElectricityEnvironmentOffshore WindPolitics

Offshore wind industry says ‘misinformation’ from foes is a strong headwind it must fight

The U.S. offshore wind industry is combating disinformation about wind farms, including false claims linking them to whale deaths.

US President Joe Biden played up his administration's efforts to modernize US infrastructure as he unveiled funding towards ports (AFP)
BusinessElectionsEmissionsIndustryInfrastructureMaritimeNewsPoliticsTradeTransport

Biden unveils $3 bn to reduce carbon emissions at US ports, takes aim at Trump

Biden unveils $3 billion port infrastructure boost, touts clean tech benefits and criticizes Trump a week before Election Day.

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: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, as a 1.5MW GE wind turbine from the Desert Sky Wind Farm is seen in the distance, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
AnalysisElectionsElectric Vehicles (EVs)ElectricityEmissionsFuelLiquefied Natural GasNatural GasOffshore WindOilPoliticsSolarWind

How do Trump and Harris differ on energy policy?

Trump and Harris both seek to expand U.S. energy production, but differ sharply on methods, with Harris favoring clean energy.

FILE PHOTO: A Lucid 'Gravity' SUV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)News

Lucid to open orders for Gravity electric SUV next week

Lucid Group will open orders for its Gravity SUV on Nov. 7, aiming to attract more customers after raising $1.75 billion.

FILE PHOTO: A United Steelworkers flag is seen in this file photo. REUTERS/Rebecca Cook/File Photp
BusinessGreen SteelIndustryInfrastructureLabourManufacturingOil

US Steelworkers union looks to clean energy to replace job losses at oil refineries

USW aims to grow membership with 17,000 new jobs from clean energy projects despite potential Trump challenges.

FILE PHOTO: Storage tanks for crude oil, gasoline, diesel, and other refined petroleum products are seen at the Kinder Morgan Terminal, viewed from the Phillips 66 Company's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessIndustryInfrastructureNatural GasNewsOilTransmission

Refiner Phillips 66 reports lower third-quarter profit on weak fuel demand

Phillips 66 exceeded profit forecasts in Q3, driven by strong chemicals and midstream performance, despite declining refining margins

FILE PHOTO: Ford cars are displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. REUTERS/Athit Perawongmetha/File Photo
News

Ford shares fall 6% as supply snags and costs hurt profit forecast

Ford shares fall 7.3 per cent after the automaker tempers its full-year profit forecast, blaming supplier disruptions and warranty costs.

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.

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