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                        Offshore wind turbine blade manufacturing is coming to the U.S. and Virginia as part of a partnership between Dominion Energy and Spain-based manufacturer Siemens Gamesa. Dominion Energy has been expanding its offshore wind project with support from Virginia officials, and is already using Siemens Gamesa to manufacture blades...
    NEW YORK (CBSNewYork) — New York Congresswoman Alexandria Ocasio-Cortez joined Mayor Bill de Blasio at City Hall for a big announcement Thursday. The mayor revealed New York has become the first United States city to commit to net zero greenhouse gas emissions in city pension fund investments by 2040. READ MORE: 'Spirit Day' Encourages Support For LGBTQ+ Youth, Offers Solidarity...
    MEXICO CITY (CBSDFW.COM/AP) — Congressmen in Texas are complaining about the Mexican government’s attempts to limit competition in the electrical power sector. In a letter to U.S. Ambassador Ken Salzar, about 20 Texas congressmen and senators criticized changes proposed by President Andrés Manuel López Obrador to restrict the market share of private power generators and favor Mexico’s state-owned utility company....
    MEXICO CITY (AP) — Mexico’s government claimed Tuesday that it is leading a transition to more renewable energy, even though President Andrés Manuel López Obrador is pushing to restrict private wind and solar projects. In a statement following a visit by U.S. climate envoy John Kerry, Mexico said it was seeking to cooperate with the United States on renewable energy....
    BERLIN, El Salvador (AP) — At a geothermal power plant near El Salvador’s Tecapa volcano, 300 computers whir inside a trailer as they make complex mathematical calculations day and night verifying transactions for the cryptocurrency bitcoin. The pilot project has inspired a rash of volcano emojis from President Nayib Bukele, who made bitcoin legal tender in September, and promises of...
    The view from the top of Bioenergy Devco’s anaerobic digestion facility in Jessup, which is slated to reach full operation by spring. Baltimore Gas and Electric Company gained approval to use biogas from the facility in its distribution system, making it the first utility to do so in the state. (Courtesy Maryland Matters/Elizabeth Shwe) This content was republished with permission...
                      by Thomas Catenacci  Rapidly increasing energy costs across Europe and Asia have prompted warnings of an impending U.S. crisis and calls for policy makers to scale back the shift from fossil fuels to renewables. “If it gets cold at all, we are in real trouble,” Kyle Bass, the founder and...
    Rapidly increasing energy costs across Europe and Asia have prompted warnings of an impending U.S. crisis and calls for policy makers to scale back the shift from fossil fuel to renewables. “What’s happening in Europe is they have turned their backs on hydrocarbons, coal, oil and gas in a very rapid green transition,” Dan Kish, a senior fellow at...
    NanoPV Governor Brian P. Kemp today announced that solar technologies company NanoPV plans to invest more than $36 million in opening a manufacturing and distribution facility in Sumter County, bringing more than 500 jobs to Americus. “This incredible investment by NanoPV in Americus is a testament to Georgia’s thriving solar...
    BAGHDAD (AP) — Iraq has signed a contract with a United Arab Emirates-based renewable energy developer to build five solar power plants in the oil-rich country with a chronic energy problem, the company said Thursday. The signing took place in Baghdad Wednesday between Iraqi officials and the chief executive officer of Masdar, in the presence of Iraqi Prime Minister...
    VIDEO3:5203:52To stop global warming, green hydrogen should be used, Fortescue chairman saysSquawk Box Asia To tackle runaway global warming, politicians have to look beyond catchphrases like "clean hydrogen" and understand the research behind renewable energy sources before making decisions, Fortescue chairman Andrew Forrest told CNBC. "I'm asking them to do the academic analysis and research. Just don't fall, like we...
    MANCHESTER, England (AP) — All Britain’s electricity will come from renewable sources by 2035, the governing Conservatives announced Monday, saying the move would help end the country’s reliance on imported fuel. Business and Energy Secretary Kwasi Kwarteng said “the only way to strengthen Britain’s energy security is zero carbon power that is generated in this country.” Prime Minister Boris Johnson...
    U.S. oil refiner Phillips 66 announced Thursday it will cut greenhouse gas emissions by 30% from its operations and products by 2030, a move that follows mounting pressure on the energy sector to reduce emissions. Phillips 66 said in a press release it will cut Scope 1 and Scope 2 emissions by 30% by the end of the decade, affecting...
    Salvadoran President Nayib Bukele El Salvador has mined 0.00599179 bitcoin, or about $269, with power harnessed from a volcano. President Nayib Bukele – who has banked his political future on a nationwide bitcoin experiment – tweeted early Friday morning that this is the country's maiden voyage into volcano-powered bitcoin mining. On Tuesday, the president posted a flashy 25-second teaser video,...
    In this article SSE-GBA wind turbine photographed in, Camelford, Cornwall, at sunset.Ashley Cooper | Corbis | Getty ImagesEnergy giant SSE said that its renewable assets produced 32% less power than expected between April 1 and September 22 thanks to historically dry and low-wind conditions. This equates to 11% of its full-year output target. "This shortfall was driven by unfavourable weather...
    The Organization of the Petroleum Exporting Countries (OPEC), the powerful organization that oversees Middle Eastern oil production, blamed high gasoline prices on the shift toward renewable energy worldwide. “I have talked about a new premium that is emerging in the energy markets that I term the transition premium,” OPEC Secretary General Mohammed Barkindo told CNBC on Tuesday. Global oil prices...
    London (CNN Business)The United Arab Emirates will pour £10 billion ($13.8 billion) into the United Kingdom over the next five years, as the Gulf state seeks to diversify its economy beyond fossil fuels.The UK Office for Investment and UAE sovereign wealth fund Mubadala announced the investment in a statement on Thursday, saying that it would boost economic growth and job...
    The Minister of Mines and Energy, Sorana Mihajlovich, today said that the value of the projects of the new investment cycle is 17 billion euros, of which at least five billion will be for renewable energy sources. At the conference on Renewable Energy Sources (RES), Mihajlovich pointed out that decarbonization and green energy are...
    President BidenJoe BidenBiden stumps for Newsom on eve of recall: 'The eyes of the nation are on California' Biden looks to climate to sell economic agenda Family of American held hostage by Taliban urges administration to fire Afghanistan peace negotiator MORE projected confidence on Tuesday that he’ll accomplish his climate goals amid questions over whether Democrats will be able to...
    SPRINGFIELD, Ill. (WLS) -- The Illinois energy bill passed the state senate Monday, landmark legislation that would make the energy industry in the state greener and cleaner.The bill now heads to Gov. JB Pritkzer's desk. It will transition the state to renewable energy in the next three decades, and was approved by the senate in a 37-17 vote.The bill overhauls...
    (CNN)The lynchpin climate policy of congressional Democrats' $3.5 trillion budget reconciliation bill would spur massive job growth over the next decade, a new analysis finds. A report from independent firm Analysis Group, shared exclusively with CNN, finds that if Congress passes a $150 billion Clean Electricity Payment Program, it would increase the US workforce by 7.7 million new jobs and...
    To cut the climate impacts of music, artists and bands should swap private jets for trains and festivals should be looking to generate more renewable energy. These are among the recommendations of a new roadmap for 'super low carbon live music' published by experts from the Tyndall Centre for Climate Change Research. The analysis was commissioned by the English electronic band...
    As Illinois lawmakers return Tuesday for a special session on revising legislative maps, they could take up other issues, including sweeping energy legislation. Gov. J.B. Pritzker has been pushing for changes to focus on renewable energy. A Senate amendment to House Bill 3666 was heard Monday. State Sen. Michael Hastings, D-Frankfort, laid out all the provisions, from closing coal power...
    LOS ANGELES/WASHINGTON - The Biden administration plans to make federal lands cheaper to access for solar and wind power developers after the clean power industry argued in a lobbying push this year that lease rates and fees are too high to draw investment and could torpedo the president's climate change agenda. Washington’s decision to review the federal land policy for...
    The electric car is the future and, therefore, the green hydrogen car is. Electric cars have begun to conquer our cities, at a slower rate than we need to achieve the objectives proposed by the European Union, especially if internal combustion cars are stopped being sold in 2035. The idea that we all have of an electric car is that...
    Share this: In recent decades the cost of wind and solar power generation has dropped dramatically. This is one reason that the U.S. Department of Energy projects that renewable energy will be the fastest-growing U.S. energy source through 2050. However, it’s still relatively expensive to store energy. And since renewable energy generation isn’t available all the time – it happens when the wind blows or the sun...
    Within the framework of the DescentralizAr event, held online on August 19 and 20, the experts who discussed the energy consumption of cryptocurrency mining concluded that the benefits that Bitcoin brings outweigh the costs. “Despite what is said about the energy consumption of Bitcoin, the network consumes much less energy than gold mining or copper mining, activities that have been...
    As terrible as many things in the world are, climate is unique in posing an existential threat to civilization. And it’s horrifying that so many political figures are dead set against any serious action to address that threat. Despite that, there’s still a chance that we’ll do enough to avoid catastrophe — not because we’ve grown wiser but because we’ve...
    A growing number of woke American corporations are touting their efforts to fight so-called climate change as part of their “Environmental, Social and Governance” portion of portfolios, including in second-quarter earnings reports. “For corporates, meeting ESG demands from investors is becoming an increasingly formidable task, requiring sustainability reports and additional ESG headcount,” Goldman Sachs strategist David Kostin wrote according to an...
    In this article CVX XOM OXY The oil and gas sector has been experimenting with solar power as a generation source for oil operations for decades, such as this Chevron (then ChevronTexaco) California project in 2003. As costs of solar come down and pressure intensifies on oil companies to cut emissions, more renewable energy will de deployed, but it...
    Solar panels in the Indian state of Karnataka.Jonas Gratzer | LightRocket | Getty Images The Indian government has said that the country's installed renewable energy capacity had "crossed the milestone" of 100 gigawatts. In a tweet Thursday, R. K. Singh, India's minister of power, described the news as "another landmark day" in the history of the country's power sector. The...
    Missouri Gov. Mike Parson signs NIL bill into law. It will go into effect Aug. 28. Fired Sheriff’s Deputy Gets Four Years in Prison for Killing Son Frédéric Baudry, BP Australia's president, says study confirmed "the potential for scaled-up green hydrogen in Western Australia." The last few years have seen an increasing number of big companies take an...
    MADRID, Aug 9 (.) – Spanish renewable energy company Opdenergy has sold a portfolio of 20 solar projects for an unspecified amount to Bruc Energy, an investment firm owned by British and Canadian pension funds and a prominent Spanish businessman . Opdenergy, which filed an IPO plan last May, will use the proceeds from the sale to develop other projects...
    Councilman Joseph Citro speaks during a press conference before the city council meeting on Thursday morning. Environmentalists hold signs in support.Justin GarciaOn Thursday morning, Tampa City Council voted 6-1 to approve Councilman Joseph Citro’s “Ready for 100” green energy resolution. The resolution calls on municipal operations in Tampa to use completely renewable energy by 2035, along with zero-carbon emission public...
    Bitcoin mining will be entirely green, because it will use only renewable energy, by the year 2030. This is estimated by businessman Anthony Scaramucci, founder and manager of SkyBridge Capital. “We project that bitcoin mining will be fully renewable by the end of the decade,” Scaramucci was quoted as saying in a company statement on Monday, August 2. The text...
    In this article REGI SEDG FSLR TAN VIDEO3:2403:24SolarEdge, First Solar pop on analyst calls — ways to trade clean energyTrading NationSolar stocks could outperform as analysts get bullish on the group. That's according to Matt Maley, equity strategist at Miller Tabak, who says the Invesco Solar ETF (TAN) and one of its holdings in particular could extend its climb....
    The CEO of one the largest developers of wind and solar farms in the country is warning Congress to not “squander” an opportunity to boost his industry, which must scale rapidly to achieve domestic climate goals and catch competitors such as China. Sheldon Kimber’s San Francisco-based Intersect Power is poised for growth after developing more than 1.7 gigawatts of solar...
    The city council has until next week to vote on the resolution at its Thursday morning meeting on Aug. 5.Photo via AdobeOn Friday, Tampa City Councilmember Joseph Citro presented a “Ready for 100” renewable energy resolution to city council. The resolution calls on municipal operations in Tampa to use completely renewable energy by 2035, along with zero-carbon emission public transportation,...
    MOGADISHU, SOMALIA - Somalia lacks a national power grid and relies on imported fuel, wood and charcoal to address its energy needs. But energy experts say with the longest coastline in mainland Africa and an average of 10 hours of sunshine per day, Somalia has great potential for onshore wind and solar power.   Somalia’s private power companies rely on...
    An employee with Ipsun Solar installs solar panels on the roof of the Peace Lutheran Church in Alexandria, Virginia on May 17, 2021.Andrew Caballero-Reynolds | AFP | Getty Images Ramping up investment in policies and technologies to tackle climate change could play a significant role in the global economy's recovery from the coronavirus pandemic. In a recent note, Charles Dumas,...
    07/21/2021 at 4:30 PM CEST A good part of the sites where renewable plants have been installed or processed in the Canary Islands produce unacceptable effects on biodiversity. 23 NGOs have denounced this through a manifesto, demanding that priority be given to deployment in areas of less sensitivity to natural heritage and that energy planning be...
    After pausing purchases with Bitcoin earlier this year, Tesla CEO Elon Musk reiterated on Wednesday that the electric vehicle maker may start allowing car buyers to pay with the cryptocurrency once the tech exec is more comfortable with its energy usage. 'It looks like Bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants...
    Elon Musk, chief executive officer of Tesla Inc., arrives at court during the SolarCity trial in Wilmington, Delaware, U.S., on Tuesday, July 13, 2021.Al Drago | Bloomberg | Getty Images Tesla CEO Elon Musk said the company will likely start accepting bitcoin for vehicle purchases again. "It looks like bitcoin is shifting a lot more toward renewables and a bunch...
    TOKYO (AP) — Japan aims to drastically increase its renewable energy use and reduce fossil fuel consumption over the next decade as its pushes to meet its ambitious emissions reduction target, according to a draft of a new energy plan presented Wednesday. The draft, however, maintains the current target for nuclear energy as officials remain undecided over what to do...
    Two technicians work at a bitcoin mining facility in Quebec.lars Hagbarg | AFP | Getty Images For years, bitcoin critics have maligned the world's biggest cryptocurrency for polluting the planet. But new data from Cambridge University shows that the geography of mining has drastically changed over the last six months, and experts tell CNBC this will improve bitcoin's carbon footprint....
    Patrick Pleul | picture alliance | Getty Images The planet's demand for electricity is set for a strong rebound this year and next after dropping by approximately 1% in 2020, according to a new publication from the International Energy Agency. Released Thursday, the IEA's Electricity Market Report forecasts that global electricity demand will jump by nearly 5% in 2021 and...
    COVID-19 cases, deaths rise in most states as delta variant spreads; overdose deaths hit record high in 2020: Updates Multinational investigation widens into Haiti assassination, including who bankrolled it Babcock & Wilcox Enterprises is shoring up its finances as it continues to invest in clean and renewable energy ventures and technology. © MIKE CARDEW, AKRON BEACON JOURNAL The boiler built...
    President Joe Biden’s administration announced that it will fund research to turn ocean waves into carbon-free electricity as part of its net-zero emissions plan. The Department of Energy (DOE) will give $27 million to researchers in Oregon in an effort to make renewable wave energy a commercial viability and support Biden’s pledge for the U.S. to reach net-zero carbon emissions...
    Scott Heaney | iStock | Getty Images The U.S. Department of Energy has announced that as much as $27 million in federal funding will be provided for research and development projects focused on wave energy. In the latest attempt to encourage innovation within a sector that has a very small footprint compared to other types of renewable energy, the DOE...
    The Land Down Under boasts a diverse group of important industries and businesses It’s no secret that Australia has a richly developed economy which consists of many important sectors. In fact, according to the International Monetary Fund, the nation contains the world’s 12th largest economy in 2021, a whopping 1.6% of the global share. Given these figures, it’s clear...