Wind
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Wind
Vestas Cutting Jobs Despite Leading Wind Installations
Vestas occupies the top spot when it comes to market share among global wind turbine manufacturers, according to a new analysis, but the Danish business is not immune to the challenges facing several of the leading companies in the wind power sector. Supply chain issues are buffeting wind energy, as they have other industries. Though […]
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Wind
GE Exec Expects Rebound for Renewables
The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and experience even more success in 2024, after it weathers market headwinds that present challenges this year. Scott Strazik, speaking at the company’s March 10 investor day event, said GE is […]
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Commentary
Direct Pay Proposals in the Build Back Better Act and Observations from Industry Insiders
Under current law, there are significant tax benefits for renewable energy projects in the United States. These benefits include nonrefundable ITC and PTC tax credits and depreciation deductions. From the perspective of a renewable energy developer, however, such tax benefits may be difficult to use effectively. Currently, ITC and PTC tax credits are nonrefundable, meaning that […]
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Hydrogen
The Hydrogen Rainbow Is So 2021—It’s Time to Get Over It
When it comes to hydrogen energy, the industry typically differentiates the final product in classes that correspond to the carbon intensity with a focus on “the colors of the rainbow,” such as gray, green, purple, and blue. According to The New York Times, the oil and gas industries are promoting blue hydrogen because (at the […]
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Solar
Renewable Energy Ready to Deliver Despite Continued Uncertainty
Notwithstanding the ongoing impacts of COVID-19, in 2021 the deployment of solar, solar + storage, stand-alone storage, wind, and other renewable energy technologies continued to rapidly expand across the U.S
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Wind
Largest U.S. Wind Project Online in New Mexico
A wind farm comprised of four projects in central New Mexico, serving areas of that state and California, is now online and takes the title of the largest wind power installation in the U.S. Pattern Energy Group, among the world’s largest privately-owned developers and operators of wind, solar, transmission, and energy storage projects, on Feb. […]
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Hydrogen
Large-Scale Green Hydrogen Infrastructure System Unveiled for California
SoCalGas, North America’s largest gas distribution utility, has unveiled the Angeles Link, a proposed green hydrogen energy infrastructure system for Southern California that it says could be the largest of its kind in the nation. The Angeles Link proposes to utilize between 25 GW and 35 GW of curtailed or new solar, wind, or battery […]
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Commentary
Green Hydrogen Economy: Magic Bullet or Mirage for Africa?
Africa has approximately 600 million people without access to clean, reliable, and affordable electric power (80% of the global total). On the flip side, the continent has some of the fastest growing economies in the world. Countries like Egypt and Ethiopia have recorded more than 6% annual growth in gross domestic product (GDP) with the […]
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News
U.S. Tops 200 GW of Renewables, but Deployment Slows
A report from a trade group representing the U.S. renewable energy industry says the nation now has more than 200 GW of operating utility-scale generation capacity, but the pace of growth has slowed as projects have been delayed due to regulatory and equipment supply issues, among other factors. The “Clean Power Quarterly 2021 Q4 Market […]
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Wind
Siemens’ Renewable Arm Cutting 200 U.S. Jobs
Siemens Gamesa Renewable Energy (SGRE) plans to lay off 200 workers at two U.S. wind power equipment manufacturing facilities. The company on Feb. 9 said the job cuts are due to a reduction in orders for commercial wind turbines. An SGRE spokesperson said more jobs cuts at the plants—one in Hutchinson, Kansas, and the other […]