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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.
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.
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
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.
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 reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
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.
D.C. District Court Judge Loren AliKhan issued a temporary restraining order on OMB from pausing all federal grants and loans.
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
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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