NJ-Based Company’s Proposals are at least $1 Billion Less Than Competitors Superior Technology, Planning Will Strengthen NJ’s Aging Electrical Grid Significant Benefits for State Economy, Local Labor and Local Communities …
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TOKYO – Japan’s Mitsubishi Corp is confident that the three offshore wind farms it won last year in auctions will be profitable despite the low feed-in tariff prices it bid, …
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FRANKFURT -Deutsche Bank said on Friday that it would wind down its business in Russia. Deutsche had faced stinging criticism from some investors and politicians on Friday for its ongoing …
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RWE and National Grid consolidate partnership and move forward on offshore wind development
by Your News“Our success with National Grid in the recent auction signals the start of our commitment to building a network of trust in the local communities,” said Sam Eaton, RWE Executive …
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Two Arkansas Men Sentenced to Over 23 Years Combined in Federal Prison For Fraud and Money Laundering in Connection with Proposed Elm Springs, Arkansas Wind Farm
by DOJ PressFAYETTEVILLE – Two Arkansas men were sentenced today to federal prison for Wire Fraud, Aiding and Abetting Wire Fraud, Money Laundering and Aiding and Abetting Money Laundering in connection with …
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– Two European energy companies on Thursday said they reached a deal with New York City to transform a Brooklyn port complex into an operations and staging hub for offshore …
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– Australian financial conglomerate Macquarie Group’s green investment unit said on Thursday it would launch an offshore wind energy business, with operations set to start in April. The new business, …
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Jonathan Lesser on February 3, 2022 Last March, President Joe Biden announced a goal of building 30,000 megawatts (MW) of offshore wind generation by 2030. Doing so will “strengthen the …
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– Meta Platforms Inc’s digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported …
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The Biden administration advanced a federal review of the impact of leasing public waters for offshore wind farms in the Gulf of Mexico on Tuesday. The review is part of …
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The largest global coal port announced it would decarbonize within two decades and switch to renewable power, ultimately transitioning away from its current business model. The Port of Newcastle in …
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Low wind power generation is largely to blame for Europe’s ongoing energy crisis and scramble to import more fossil fuels, according to a Reuters report. Wind farms across Europe produced …
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One person died Wednesday after a powerful storm delivering strong winds swept through the Midwest, turning a semitrailer on its side and killing the driver, the Associated Press reported. The …
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The Biden administration’s aggressive plans to transition away from fossil fuels to a decarbonized electric grid may be impossible to achieve, according to energy experts. To achieve President Joe Biden’s …
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Bipartisan leaders of the Senate Energy and Natural Resources Committee vowed to continue promoting nuclear energy during an industry conference Wednesday. Both Energy Committee Chairman Joe Manchin and Ranking Member …
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Governor Phil Murphy and his appointees to the Board of Public Utilities have yet to disclose the price tag on his far-reaching energy master plan announced nearly two years ago, …
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Energy experts criticized President Joe Biden’s plan to prioritize wind farms, arguing wind power is costly, inefficient and indirectly produces greenhouse gas emissions. Wind energy, like solar, is often unreliable …
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The Biden administration laid out an ambitious plan Wednesday for government-funded wind farms along the east coast, which it said would sustain millions of Americans’ energy needs. Multiple federal agencies …
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MONMOUTH BEACH, NJ – The Monmouth Beach Fire Department, Monmouth County OEM and EMS Task Force and police officers arrived to the scene of two three-story buildings on fire in …
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TOMS RIVER, NJ – The high winds that caused massive damage in Toms River’s East Dover section last week were caught on camera as the force of the passing storm …