Renewable Power

Eversource Energy
Eversource to Boost Grid Investments by $1.9B After Exiting Wind, Water
Eversource Energy executives announced during the company’s year-end earnings call its plan to increase investments in its “core electric and natural gas operations” by $1.9 billion in 2025-2028.
Intersect Power
Report Assesses Climate Activism of Pension Funds, Finds Most Lacking
An environmental report found that most pension funds, key investors in infrastructure in the power industry, lacked any real policies to protect their investments from the effects of climate change.
Ørsted
Equinor, Ørsted, Vestas Say US OSW Market in Trouble
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
SEIA
SEIA: US Now Manufacturing More Solar Panels Than It Installs
The U.S. has enough solar panel manufacturing capacity to produce more than 51 GW of panels per year, with another 17.5 GW under construction and 23.5 GW of additional capacity announced.
Atlantic Council
North American Trade War Averted as Canada, Mexico Strike Deals
A North American trade war was delayed for a month at least as Canada and Mexico struck deals with President Trump that delayed potential tariffs for a month.
Dominion Energy
PJM Network Upgrades Boost Cost of Dominion OSW Project 9%
Dominion Energy reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
Shutterstock
NJ Abandons 4th OSW Solicitation
Gov. Phil Murphy called offshore wind a “once-in-a-generation opportunity” to build a new industry and create jobs, but said he supported the BPU’s decision.
Heitman
Judge Issues Restraining Order on Trump Admin over Funding Pause
D.C. District Court Judge Loren AliKhan issued a temporary restraining order on OMB from pausing all federal grants and loans.
Ørsted
Ørsted Replaces CEO Mads Nipper
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
Shutterstock
Shell Quits Atlantic Shores Offshore Wind Project in NJ
Atlantic Shores said its offshore wind project in New Jersey will continue despite Shell's exit, which caused the oil supermajor a $1 billion impairment.

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