A joint venture between BP and Japan’s JERA has decided to pull the plug on a major offshore wind project in the United States, citing soaring costs and a change in federal policies. JERA Nex BP said inflation had also motivated its decision, which would see its U.S. workforce laid …
Read More »IEA Slashes U.S. Renewables Growth Forecast due to Trump Policies
Growth in U.S. renewable capacity additions will be 45% lower than previously expected, due to the Trump Administration’s raid on clean energy incentives and permitting, according to the International Energy Agency (IEA). In its annual Renewables 2025 report out on Tuesday, the agency slashed its growth forecasts for clean energy …
Read More »Pakistan’s Solar Boom could Turn into Water Disaster
Farmers in Pakistan are replacing diesel-fueled pumps with solar energy to power the typical irrigation technique in a large part of the world’s fifth most populous country. Many farmers rely on the so-called tube wells—a water well and a motorized pump to take water from groundwater. Amid soaring diesel prices …
Read More »TotalEnergies to Sell 50% of its North American Solar Assets
TotalEnergies has agreed to sell 50% of its solar projects portfolio in North America to global investment firm KKR for about $1 billion, as part of the French supermajor’s renewables strategy to divest half of its already operational assets. TotalEnergies is selling 50% of a portfolio of combined 1.4 gigawatts …
Read More »India Urges State Governments to Buy more Renewable Power
India’s federal government is in discussions with state governments to have them buy more renewable sources for power generation, Indian federal Minister of New and Renewable Energy, Pralhad Joshi, said on Monday. State-held utilities have been delaying purchases of clean energy recently, the minister said at an energy conference in …
Read More »Africa Calls for Funding and Unity at Landmark Climate Summit
The Africa Climate Summit 2 (ACS2) was hosted in September by the Government of Ethiopia and the African Union to advance Africa’s climate agenda and sustainable development priorities, ahead of the United Nations’ November global climate summit COP30. ACS2 brought together 25,000 African leaders, policymakers, youth, civil society, development partners, …
Read More ȯrsted Battles for Survival as Trump Targets Wind Energy
The Danish wind giant Ørsted is fighting for its survival after United States President Donald Trump introduced a barrage of orders limiting the growth of the wind power sector. After declaring an energy emergency in the U.S. upon entering office in January, Trump has spent the past eight months introducing …
Read More »Equinor Bets on Offshore Wind with Participation in Ørsted’s Rights Issue
Despite current challenges, Equinor still believes in the long-term prospects of offshore wind and will take part with $939 million in the $9.4-billion rights issue of the world’s offshore wind developer Ørsted, in which the Norwegian energy major holds 10%. Ørsted last month announced plans for a $9.4 billion (60 …
Read More »World’s most Powerful Wind Turbine Installed in China
A record smashing 26MW offshore wind turbine has been successfully installed in China by Dongfang Electric, which has now wrestled the claim of having the world’s most powerful installed turbine from Siemens Gamesa. Dongfang announced today that it has installed the prototype machine at a testing and certification base, saying …
Read More »The Paradox of Pakistan’s Solar Revolution
Pakistan is undergoing an energy revolution fuelled by a sharp rise in solar-plus-battery systems. This rapid evolution and decentralization of power grids is helping to shore up the nation’s energy security and meet international decarbonization pledges. However, while the solar boom is helping to keep the lights on for many …
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