European Union (EU) has taken significant steps toward achieving higher renewable energy goals by 2030. The European Parliament recently endorsed the Renewable Energy Directive, a pivotal…
Browsing: Inflation Reduction Act
The CEO of Spanish oil major Repsol, Josu Jon Imaz, addressed the obstacles hindering global efforts to reduce dependence on oil and gas, emphasizing the challenges…
In a joint appeal, six U.S. governors have called upon President Joe Biden to provide additional support for the nation’s beleaguered offshore wind projects. Governors Ned…
Vestas, a global leader in wind energy solutions, is celebrating its substantial $40 million investment in two manufacturing facilities in Colorado, a move set to generate…
Mads Nipper, the CEO of Orsted, the world’s largest offshore wind developer, expressed optimism regarding President Joe Biden’s plan to deploy 30,000 megawatts (MW) of offshore…
In its recently released Energy Transition Outlook 2023, energy research company Wood Mackenzie underscores the imperative of investing a minimum of $2.7 trillion annually in renewable…
A recent report from research and consultancy firm Wood Mackenzie has projected that the United States could witness a remarkable surge in its annual renewable energy…
Global wind turbine order intake has achieved remarkable growth in the first half of 2023, reaching a total of 70GW, marking a substantial 12% increase compared…
Heliene, a Canadian solar panel manufacturer, has unveiled its ambitious expansion plans for the United States, which include establishing a new state-of-the-art factory in Minnesota. According…
In response to the Internal Revenue Service’s (IRS) guidance on domestic content tax credits introduced under the Inflation Reduction Act (IRA), Array Technologies, a leading solar…
In a significant shift since Q1 2020, solar power purchase agreement (PPA) prices in North America have finally seen a decline. Thanks to the incorporation of…
Global demand for solar photovoltaic (PV) installations is projected to experience a significant surge of up to 40% in 2023. This growth is attributed to favorable…
