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 …
Projects
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Breaking NewsCommunity NewsNew York City News
Hochul Says 30,000 Electric Powered Heater Units Coming to NYC Housing Projects
by Adam Devineby Adam DevineGovernor 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 …
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Breaking NewsBusiness NewsGovernment NewsNew Jersey News
New Jersey Seeking to Give Extensions to Troubled Renewable Energy Projects
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 …
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US and World News
Factbox-US offshore wind projects facing inflation headwinds
by Reutersby Reuters(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 …
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Business News
IDB wants more U.S. firms to bid on and supply its Latin American development projects
by Reutersby ReutersWASHINGTON (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 …
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Business News
US offshore wind projects seek looser subsidy rules in fight for survival
by Reutersby ReutersBy 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 …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
DAVID BLACKMON: Energy Companies Want Nothing To Do With Biden’s Botched Offshore Wind Projects
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 …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Former CEO Who Made Bad Green Energy Bets Now Doling Out Billions Of Taxpayer Dollars To Green Projects
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 …
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Business News
Micron says federal support necessary for Idaho, New York projects
by Reutersby Reuters(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. …
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Business News
Renewables companies hit brakes on Alberta projects after govt delays approvals
by Reutersby ReutersBy 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 …
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Breaking NewsFeatured NewsGovernment NewsNew Jersey News
The Financial Viability of New Jersey’s Offshore Wind Energy Projects Possibly in Jeopardy
by Phil Stiltonby Phil StiltonATLANTIC 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 …
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New Jersey News
O’Scanlon, Scharfenberger & Flynn React to Growing Concerns Over Wind Turbine Projects by Legislative Leaders
Sen. Declan O’Scanlon and Asm. Gerry Scharfenberger and Asm. Victoria Flynn react to growing concerns over wind turbine projects by legislative leaders.
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Business News
Cognizant projects revenue above estimates, CFO to retire in 2024
by Reutersby Reuters(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 …
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(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 …
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Business News
Oppenheimer strategist projects S&P 500 will eclipse record high by year end
by Reutersby ReutersBy 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 …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket
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 …
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Business News
Next wave of North American LNG export projects to face labor challenges
by Reutersby ReutersBy 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 …
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MIsc. News
CBP Moves Forward on RGV Barrier and Yuma Andrade and El Centro Calexico Fence Replacement Projects to Mitigate Immediate Life, Safety and Operational Risks
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 …
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Business News
US public debt burden to rise to 181% of GDP by 2053, CBO projects
by Reutersby ReutersWASHINGTON (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 …
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US and World News
Cuba and Russian defense ministers discuss joint ‘technical military’ projects
by Reutersby ReutersHAVANA (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 …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Dead Without Water’: Massive Desert Solar Projects Are Sucking Up Groundwater, Angering Locals
‘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 …
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Business News
China encourages private firms to participate in key supply chain projects
by Reutersby ReutersBEIJING (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 …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Watchdog To Open Probe Into Offshore Wind Projects As Whale Deaths Pile Up
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 …
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Business News
Bahrain awards first ‘golden licences’ to five investment projects valued at over $1.4 billion
by Reutersby ReutersDUBAI (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, …
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Business News
World Bank’s new chief Banga to sharpen focus on projects with measurable impact
by Reutersby ReutersBy 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 …