Solar Power
Duke Energy reported earnings of $1.25/share for the second quarter, and its CEO told analysts the company also came out ahead with state and federal legislation.
The Trump administration has taken further steps to thwart renewable energy development, adding new directives limiting wind and solar development on federal land and at sea.
The Department of the Interior on July 29 announced a four-pronged review that continues the president’s efforts to limit some types of renewable energy.
The New York Power Authority has stepped up its renewable energy development efforts, offering a draft revision of its strategic plan that would more than double proposals to 6.8 GW.
DTE Energy reported it is in various stages of discussion to supply as much as 7 GW to new data centers and is on track to reach agreement on the first project by the end of 2025.
Announced cancellations, closures and cutbacks in new manufacturing and clean energy projects in the first half of 2025 were valued at $22.1 billion by the business policy group E2.
The expedited phaseout of federal tax incentives for renewables threatens projects and jobs across the clean energy industry in New England.
NextEra Energy continues to present renewables as a bridge to the grid of future and fashions itself as an "all-of-the-above company" in an optimal position to build that bridge.
Large-scale solar and wind projects are facing growing local resistance along with federal policy changes.
Every Department of Interior action pertaining to wind and solar energy development must now be reviewed and approved by the Office of the Interior Secretary — after two subordinate offices separately have reviewed them and signed off.
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