Senator: US energy prices will spike due to Trump's decision to cut grants
The Trump administration’s plans to cancel nearly eight billion dollars in Energy Department grants is illegal, because contracts were already signed. It will also cause consumer energy costs to skyrocket. The Energy Department cancelled…
States sue Trump to stop cancellation of $7 Billion Solar Grant Program
According to court documents, nearly two dozen states have filed a lawsuit against the Trump administration for canceling a $7 billion grant aimed at increasing solar energy in low income communities. In a Thursday statement, California…
States sue Trump to stop cancellation of $7 billion solar grant program
According to court documents, nearly two dozen states have filed a lawsuit against the Trump administration for canceling a $7 billion grant aimed at increasing solar energy in low income communities. In a Thursday statement, California…
US grants license to Shell, Trinidad to develop Venezuelan gas field, official says
Trinidad's Attorney General said that the U.S. Government has given Shell and Trinidad and Tobago permission to develop a offshore gas field near the maritime border in Venezuela, Trinidad's attorney-general announced on Thursday. In recent years…
Commonwealth LNG wants to extend the time for building a planned export facility in Louisiana
A regulatory document indicates that Commonwealth LNG asked federal regulators to extend the construction period and start shipping of liquefied gas from an export facility proposed in Cameron Parish, Louisiana by four years. Commonwealth…
Orsted, a Danish company, raises $9.35 Billion in a share issue
Orsted, the Danish offshore wind developer, said it raised $9.35 billion in a heavily-discounted share issue on Monday. The company is bolstering its finances amid uncertainty caused by Trump's administration. The company reported that 99.3% was subscribed.
Solar groups sue Trump Administration over cancellation of $7 billion in grants
On Monday, a group of labor unions as well as nonprofits and solar companies filed a lawsuit against the Trump administration over its cancellation of an $7 billion grant program from Biden's era that was intended to increase solar energy in low-income areas.
Solar groups sue Trump Administration over cancellation of $7 billion in grants
On Monday, a group of labor unions as well as nonprofits and solar companies filed a lawsuit against the Trump administration over its cancellation of an $7 billion grant program from Biden's era that was intended to increase solar energy in low-income areas.
Shell's US executive claims Trump's halting wind projects damages investment, FT reports
Colette Hirstius, president of Shell U.S. in a Financial Times report published Sunday, said that the decision by President Donald Trump's administration to halt offshore wind projects which have been fully approved is "very harmful" to investment.
New York wants to increase wind and solar power before federal subsidies expire
New York Governor Kathy Hochul instructed state agencies to expedite the procurement of $5 billion in wind and solar projects on Friday before federal subsidies expire under President Donald Trump’s new tax laws. A Democratic Governor is…
Trump's energy pivot accelerates US mergers and asset sales of solar, wind power
Analysts and industry insiders say that the Trump administration's retreat from renewables has prompted consolidations and asset sales by smaller U.S. wind and solar power companies, as they struggle to stay afloat. The One Big Beautiful Bill Act of President Donald Trump (OBBBA)…
UN advisor Sachs: Countries still committed to climate action, despite Trump
Jeffrey Sachs, U.N. Special Advisor on Sustainability and Columbia University Economist Jeffrey Sachs, said that the Trump Administration's attacks against climate science did not affect the commitments of other countries to lower their emissions.
US to cancel 13 billion dollars in green energy funds
On Wednesday, the U.S. Department of Energy announced that it would cancel over $13 billion of funds pledged by the Biden Administration to subsidize solar, wind, batteries, and electric vehicles. The funds that were targeted weren't immediately apparent.
US Antimony Corp. wins Pentagon contract worth $245 Million to build Defense Stockpile
United States Antimony Corporation announced on Tuesday that it had secured a five-year contract with the U.S. Defense Logistics Agency for antimony metal ingots to be used as part of the stockpile. The contract is worth up to $245,000,000.
US court weighs Trump's halt to Rhode Island offshore wind project
On Monday, a federal judge will review a request from Danish offshore wind developer Orsted for the restart of work on the almost finished Revolution Wind project that was halted by President Donald Trump’s administration last month. Orsted…
Bezos' renewables alliance targets $7.5 billion for developing countries
Executives from an alliance installing renewable energy in developing nations want to invest $7.5 billion over its next five-year plans. They are also looking for more philanthropic partnerships as richer countries cut their government aid.
US Judge allows Trump-halted offshore wind project to resume construction
A federal judge granted Monday a request from Danish offshore wind developer Orsted, to resume work on the nearly completed Revolution Wind project. The Trump administration had halted this project last month. This ruling is a setback to…
US Judge rules Trump can't block Rhode Island offshore Wind Project
A federal judge ruled that the Danish offshore wind developer Orsted could restart the work on the almost finished Revolution Wind project, off the coasts of Rhode Island. The project was halted by President Donald Trump’s administration last month.
Vistra CEO Burke to receive $340 million in compensation amid revival of fossil fuels and nuclear energy
Vistra CEO James Burke will receive approximately $340 million in compensation for his role in bringing the Texas-based utility out of bankruptcy and into the spotlight as the most important power producer in America. Vistra shares are up about 450% from January 1, 2024.
BayWa's renewable energy unit may be affected by US subsidy regulations
The company stated on Tuesday that President Donald Trump’s tax and spending plan could lower the U.S. earning of German agricultural supply trader BayWa’s renewable unit. This would drive its share price down. BayWa Renewable Energy r.e.