Wednesday, 30 April 2025

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Nearly $32 million awarded for a large-scale solar project in Arkansas

Climate United, a national nonprofit coalition, announced Tuesday that the pre-construction financing would be awarded to Scenic Hill Solar for the project.

FILE PHOTO: Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessCourtsElectric Vehicles (EVs)ManufacturingNewsRegulations

Tesla, Musk beat shareholder lawsuit over self-driving promises

A U.S. judge dismissed a lawsuit accusing Tesla and Musk of defrauding shareholders over self-driving technology claims.

A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
NewsOil

US oil demand grew to highest seasonal level since 2019 in July, EIA data shows

U.S. oil demand hit a seasonal high in July, while production declined slightly, signaling a potential supply squeeze.

A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo
BusinessCourtsElectric Vehicles (EVs)ManufacturingNewsRegulations

GM self-driving unit Cruise to pay $1.5 million fine over crash disclosure

General Motors' Cruise will pay a $1.5M fine for failing to report a 2023 pedestrian crash, per NHTSA settlement.

FILE - Trash is unloaded at the Otay Landfill in Chula Vista, Calif., Jan. 26, 2024. (AP Photo/Damian Dovarganes, File)
AnalysisBusinessClimateEmissionsIn-DepthLegislationPoliticsRegulations

Cutting food waste would lower emissions, but so far only one state has done it

The difficulty of cutting food waste has spoiled several states’ attempts to ban it, and only one — Massachusetts — has actually succeeded.

AnalysisClimateEmissionsEnvironmentIndigenousResiliencyWeather

As many US forests fail to recover from wildfires, replanting efforts face huge odds — and obstacles

As wildfires intensify, U.S. forests face a replanting crisis, with seed shortages and limited nursery capacity delaying recovery.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNatural GasNewsOilRegulations

US FTC allows Chevron-Hess deal, bars John Hess from board

The FTC approved Chevron's $53 billion Hess acquisition, barring Hess's CEO from its board due to OPEC ties concerns.

Utility companies work to restore power in the wake of Hurricane Helene in Perry, Florida, U.S., September 29, 2024.   REUTERS/Kathleen Flynn
BusinessLiquefied Natural GasNatural GasNewsWeather

US natural gas prices ease, power outages from Hurricane Helene reduce demand

A small output increase came as some drillers restarted their Gulf of Mexico production now that Hurricane Helene passed through the area.

FILE PHOTO: A view of the grounds at the Palisades nuclear reactor in Covert Township, Michigan, U.S., August 14, 2024. REUTERS/Phil Stewart/File Photo
ElectricityNewsNuclear PowerSmall Modular Reactors

US closes $1.52 billion loan to resurrect Michigan nuclear plant

The U.S. secured a $1.52 billion loan to restart Michigan’s Palisades nuclear plant, targeting a 2025 reopening.

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.

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