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Renewables
Energy Transition in Motion (Week of Nov. 3, 2023)
Here is a look at some of this week’s renewable energy news, including Dominion Energy’s search for an equity partner for its wind development offshore Virginia.
Sunnova Energy Brings in Cash from ITC Sales
The investment tax credit transfers, enabled by the U.S. Inflation Reduction Act, open up another revenue stream for renewable energy companies.
Despite JV Reports, BP Focused on Organic Growth Not M&A—CEO
BP remains focused on its transformation into an integrated energy company, interim CEO Murray Auchincloss said during a quarterly webcast, ruling out M&A for now despite reports the company was seeking joint venture partners.
Energy Transition in Motion (Week of Oct. 27, 2023)
Here is a look at some of this week’s renewable energy news, including a battery manufacturer's $1.2 billion Arizona battery facility and the U.S. entry of Belgium-based electrolyzer manufacturer John Cockerill Hydrogen.
NextEra Gears Up for Wind Repower Projects as Renewables Backlog Grows
NextEra Energy Inc. said its renewables arm, NextEra Energy Resources, added more than 3.2 gigawatts of projects to its backlog.
NY Awards Conditional Contracts for 6.4 GW in Renewable Projects
The projects selected by the New York State Energy Research and Development Authority include three offshore wind projects.
Rystad CEO: Renewables Outcompete Hydrocarbons, but Oil, Gas Persist
Rystad CEO Jarand Rystad, speaking at a Texas conference, said solar, wind and other renewables will outcompete fossil fuels but halting oil and gas production would be disruptive.
Energy Transition in Motion (Week of Oct. 20, 2023)
Here is a look at some of this week’s renewable energy news, including $1.8 billion in financing raised by a Texas company for standalone energy storage.
Amid Protests, Aramco CEO Delivers Energy Transition Reality Check
At a London energy conference disrupted by protestors, Aramco President and CEO Amin Nasser campaigned for a realistic energy transition and defended Saudi Arabia’s voluntary oil cuts as a “strategic” tool that allows it to respond to market volatility.
Strange Bedfellows: Emerging Hydrogen Industry Unites Unusual Partners
Executives from Chevron, Mitsubishi Power Americas and NextEra Energy Resources say collaboration and clarity on policy key in advancing hydrogen.