The hope behind green bank grants is that government backing will mobilize private investment in climate-friendly projects. This week, the federal government announced a $20 billion investment in low-carbon energy production via grants to “green banks.” The money, which comes from the 2022 Inflation Reduction Act, will be routed […] Click here to view original […]

The U.S. has never had as much wind, solar and hydropower. But experts say it’s not enough to meet future electricity demand By Benjamin Storrow & E&E News A wind turbine factory worker is seen as US President Joe Biden tours CS Wind, the largest wind tower manufacturer in […] Click here to view original

ALBUQUERQUE, N.M. — The governor of New Mexico accompanied renewable energy leaders Thursday to discuss green energy and how the state can become less dependent on the oil and gas industry. The Electrify New Mexico conference focused on three key areas: building electrification, solar energy, and more electric vehicles […] Click here to view original

Image: REUTERS/David Moir Purchase Licensing Rights, opens new tab Onshore wind activity is picking up as costs stabilise, delivery risks ease and large clients continue to seek wind power resources. After a slowdown last year, U.S. wind installations are on the rise as confidence gradually returns to the sector. […] Click here to view original

In recent years, the global energy landscape has witnessed unprecedented change and extraordinary transformation driven by growing global consumption, aging grid infrastructure, urgency towards decarbonization objectives, and the rapid expansion and integration of renewable energy resources. This transformation presents many challenges, but with those challenges also come significant opportunities, […] Click here to view original

(Bloomberg) — New York City retirement plans reached an agreement with Royal Bank of Canada for the lender to disclose how much financing it provides for clean-energy projects relative to fossil fuels. Most Read from Bloomberg A Million Simulations, One Verdict for US Economy: Debt Danger Ahead TSMC Facilities […] Click here to view original