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EIA: Solar and wind to lead U.S. generation growth for next two years
As a result of new solar projects coming online this year, the EIA forecasts that U.S. solar power generation will grow 75% from 163 billion kilowatt-hours (kWh) in 2023 to 286 billion kWh in 2025. The administration expects that wind power generation will grow 11% from 430 billion kWh in 2023 to 476 billion kWh in 2025.
States with big climate goals strip local power to block green projects
More than a dozen states have given themselves the power to override local zoning restrictions blocking large-scale renewable energy projects. The decisions come as some states implement ambitious goals requiring utility providers to generate 100% carbon-free energy by 2040.
Statkraft announces plan to invest in Norwegian hydro and wind power
Statkraft is planning to invest up to €6 billion (US$6.6 billion) in upgrades to its Norwegian hydro and wind facilities and construction of onshore wind.
The IRA turns two this year. What’s working and what isn’t?
The IRA is solidifying economies built around clean energy, but more can be done to fully optimize the law’s incentives.
High interest rates are a climate problem
High interest rates are steering developers away from renewable energy-based infrastructure and slowing down investment into clean tech.
How utilities get their way, renewables impact home values, and China’s clean energy dominance — This Week in Cleantech
The new “This Week in Cleantech” podcast breaks down the biggest stories in cleantech and climate in 15 minutes or less.
NREL scenarios project huge growth in solar/wind, lower emissions, more tax credits
The Standard Scenarios is one of several annually updated NREL products designed to support decision-makers in the U.S. electricity sector.
ArcLight launches new LLC to manage power infrastructure portfolio
ArcLight is forming Alpha Generation, which will strategically manage and oversee its $2 billion power infrastructure portfolio….
Eversource to record up to $1.6 billion after-tax impairment charge amid divestment effort
As it searches for a buyer, Eversource announces it will record an after-tax impairment charge near $1.5 billion for its wind properties….
GE Vernova inks 2.4 GW order for Pattern Energy’s SunZia Wind project
GE Vernova has signed a new equipment and long-term services agreement with Pattern Energy to supply 674 3.6-154 wind turbines providing more than 2.4 GW of po…
IRS launches free IRA and CHIPS pre-filing registration tool
The IRS is launching a free tool for utilizing IRA and CHIPS tax credits allowing for elective payment or transfer of credits….
Gone with the wind? Tracking sunken U.S. offshore wind projects
2023 was a rough year for U.S. offshore wind. Common causes of cancellations include inflation, supply chain disruptions, and war in Ukraine….
Port of Virginia becomes first East Coast port entirely powered by clean energy
The Port of Virginia’s terminals are now entirely powered by clean energy, putting the port eight years ahead of schedule….
Empire Wind 2 project terminated as Equinor and BP seek a reset
Equinor and BP have terminated the offshore Empire Wind 2 project, blaming inflation, interest rates, and supply chain disruptions….
Let’s see where the breeze blows us: Delaware officials submit report exploring offshore wind
Delaware officials have presented a report exploring offshore wind procurement for the state, including recommendations and impact analysis….
Grant seeks to recruit Appalachian manufacturers for clean energy economy
A group of regional partners is seeking to find and support more than 1,000 small and medium manufacturers to play a supply chain role in the growing clean ener…