Renewable energy

NextEra Energy Inc. and Hawaiian Electric Industries Inc. (HEI)—two companies with substantial renewable energy resources—agreed on Dec. 3 to combine in a transaction valued at roughly $4.3 billion. Currently, NextEra Energy’s principal subsidiaries include Florida Power & Light Co. (the third-largest electric utility in the U.S.), and NextEra Energy Resources (North America’s largest producer of […]

Meeting in Brussels, Belgium, Oct. 23–24, the European Council (EC) agreed on the 2030 climate and energy policy framework for the European Union (EU), calling on all countries to come forward with ambitious targets and policies. The EC endorsed a binding EU target of at least a 40% reduction in domestic greenhouse gas emissions by […]