BERLIN (Reuters) – German carmaker Mercedes-Benz has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act (IRA), a company spokesperson said…
Governor Kathy Hochul announced today that New York State is progressing with its Clean Heat for All Challenge, a joint venture among the New York Power Authority (NYPA), New York…
TRENTON, NJ – Legislators in Trenton are preparing for more bad news in the renewable energy sector. A bill being discussed will allow for the state to give extensions to…
(Reuters) – The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden’s administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize…
WASHINGTON (Reuters) – The Inter-American Development Bank (IDB) on Wednesday launched an initiative to remedy a relative lack of U.S. companies bidding on the $13 billion in projects financed by…
By Nichola Groom (Reuters) – A fleet of U.S. offshore wind projects central to President Joe Biden’s climate change agenda may not move forward unless his administration eases requirements for…
DAVID BLACKMON: Energy Companies Want Nothing To Do With Biden’s Botched Offshore Wind Projects David Blackmon on September 2, 2023 Is investor interest in committing billions of dollars to new…
Former CEO Who Made Bad Green Energy Bets Now Doling Out Billions Of Taxpayer Dollars To Green Projects Nick Pope on August 25, 2023 David Crane, the former CEO of…
(Reuters) – Micron Technology said on Monday federal funding and investment tax credits would be necessary to develop its memory chip manufacturing facilities in Boise, Idaho and Clay, New York.…
By Rod Nickel WINNIPEG, Manitoba (Reuters) – Alberta’s seven-month pause on approving new renewable power projects in the Canadian province has caused four major international companies at various development stages…
ATLANTIC CITY, NJ – The final nail in the coffin for offshore wind energy projects on the East Coast might be in danger by the policies of the very same…
(Reuters) – Cognizant Technology Solutions forecast third-quarter revenue above estimates on Wednesday as more businesses turn to the IT services provider to digitize their operations, sending its shares up more…
(Reuters) – Equinix forecast third-quarter revenue below market estimates on Wednesday, a sign that demand for data centers was slowing as businesses curtail spending in an uncertain economy. Shares of…
By Lewis Krauskopf NEW YORK (Reuters) – Oppenheimer Asset Management on Tuesday projected the S&P 500 would rise above its record high by year end, the latest Wall Street firm…
Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket Nick Pope on July 24, 2023 Billions of dollars in scheduled offshore wind developments in waters of the U.K. and…
By Curtis Williams and Nia Williams HOUSTON (Reuters) – A coming wave of North American liquefied natural gas (LNG) export projects faces staffing challenges that are prompting some of the…
WASHINGTON — Today, the Department of Homeland Security (DHS) authorized U.S. Customs and Border Protection (CBP) to move forward with the planning and execution of up to approximately 20 miles of border…
WASHINGTON (Reuters) – The U.S. public debt burden will reach 181% of economic output in 2053, the Congressional Budget Office said on Wednesday, a slight improvement over recent long-term projections…
HAVANA (Reuters) – The defense ministers of Cuba and Russia discussed the development of joint “technical military” projects this week at a meeting in Moscow, according to media reports and…
‘Dead Without Water’: Massive Desert Solar Projects Are Sucking Up Groundwater, Angering Locals Nick Pope on June 27, 2023 Massive solar development projects in Southern California have strained local water…
BEIJING (Reuters) – China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage private businesses to participate in…
Watchdog To Open Probe Into Offshore Wind Projects As Whale Deaths Pile Up Nick Pope on June 15, 2023 The Government Accountability Office (GAO) agreed Thursday to launch an investigation…
DUBAI (Reuters) – Bahrain granted its first “golden licences” offering special benefits to five companies that have made large-scale investment projects in the small state totalling more than $1.4 billion,…
By David Lawder LIMA (Reuters) – World Bank President Ajay Banga wants the lender to focus on more “scalable, replicable” projects across Latin America and elsewhere for transport and infrastructure…