Over the past two decades, more than 5 million U.S. households from California to Georgia to Maine have put solar panels on their roofs, drawing energy from the sun and reducing their electric bills. But that could soon come to a crashing halt. The big domestic policy bill passed by House Republicans last month would, by the end of this …
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Republican Budget Bill Aims to End I.R.A. Clean Energy Boom
At least 24 factories have been set up in the United States to produce electric cars that qualify for the credit, including a Ford plant making plug-in hybrids in Louisville, Ky., and a General Motors battery plant in Ohio, according to a study from Atlas Public Policy, a research firm. Near Savannah, Ga., Hyundai invested in a $7.5 billion factory …
Read More »India Sees a Future Making Solar Panels for Itself, and Maybe the World
China, the world’s clean-energy juggernaut, faces a rival right next door. And one of its top customers, no less. India, a big buyer of Chinese solar panels and electric vehicle batteries, is using a raft of government incentives to make more green gear at home. It is driven not just by the need to satisfy the galloping energy demands of …
Read More »How Trump’s Tariffs Could Hobble a U.S. Battery Boom
The sweeping tariffs that President Trump announced on Wednesday could hobble the use of giant batteries that energy companies are increasingly installing to help them tap more wind and solar power and make the broader electric grid more reliable. Over the past five years, grid batteries have become one of the biggest growth industries in the U.S. energy sector. In …
Read More »KPI Green Energy secures Rs 272 crore loan for Gujarat hybrid power project – The Times of India
(Image credits: KPI Green Energy) NEW DELHI: KPI Green Energy announced on Wednesday that it has secured a Rs 272 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) to partly fund its 50 megawatt (MW) hybrid power project in Bharuch, Gujarat, news agency PTI reported.“The company has received a final sanction letter from the National Bank …
Read More »Wind and Solar Firms Have a Pitch for Trump: ‘You’re Going to Need Us’
As President Trump works to blunt the growth of wind and solar power and expand fossil fuel production in the United States, the renewable energy industry is making a new pitch: You need us. Wind and solar developers are increasingly pointing out that America’s demand for electricity is soaring, driven by a boom in data centers, and it’s proving difficult …
Read More »Trump Is Freezing Money for Clean Energy. Republican States Have the Most to Lose.
In less than three weeks, President Trump has thrown the U.S. clean energy industry into chaos, with much of the economic damage hitting Republican states and districts. In a quest to eliminate any funding linked to climate change, the Trump administration has frozen federal grants for everything from battery factories to electric school buses and issued executive orders that have …
Read More »Chris Wright Is Confirmed to Be Secretary of Energy
The Senate confirmed Chris Wright to lead the U.S. Department of Energy on Monday, putting the former oil executive in a key position to help shape President Trump’s energy policies. Mr. Wright, the founder and chief executive of Liberty Energy, a fracking firm, was confirmed by a vote of 59 to 38, with support from all Republicans present and a …
Read More »Inside a $35 Billion Loan Project, Led by World Bank, Aims to Expand Electricity in Africa
The leaders of more than half of Africa’s nations gathered this week in Dar es Salaam, Tanzania’s sprawling seaside metropolis, to commit to the biggest burst of spending on electric-power generation in Africa’s history. The World Bank, African Development Bank and others are pledging at least $35 billion to expand electricity across a continent where more than a half-billion people …
Read More »U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
America’s efforts to cut its climate change pollution stalled in 2024, with greenhouse gas emissions dropping just a fraction, 0.2 percent, compared to the year before, according to estimates published Thursday by the Rhodium Group, a research firm. Despite continued rapid growth in solar and wind power, emissions levels stayed relatively flat last year because demand for electricity surged nationwide, …
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