Beijing was driving the growth of renewables — then Trump’s trade war and the coronavirus hit. This is the first column in a series on how the coronavirus epidemic has affected the global shift to sustainable energy. The search for silver linings to the coronavirus pandemic has come up woefully short. But one hopeful — […]
U.S. Pushes Iraq To Cut Energy Dependence On Iran
The U.S. work to have Iran’s influence on Iraq’s energy sector reduced made progress last week when Iraqi Prime Minister Mustafa Al-Kadhimi visited Washington for high-level meetings with President Donald Trump, Secretary of State Mike Pompeo, and Secretary of Energy Dan Brouillette. The U.S. Administration’s push to reduce Iraq’s dependence on energy imports from Iran—including […]
U.S. Examines Whether Saudi Nuclear Program Could Lead to Bomb Effort
Intelligence agencies are scrutinizing whether the kingdom’s work with China to develop nuclear expertise is cover to process uranium and move toward development of a weapon. American intelligence agencies are scrutinizing efforts by Saudi Arabia to build up its ability to produce nuclear fuel that could put the kingdom on a path to developing nuclear […]
Commercial Energy Storage Reaches Major Milestone In The U.S.
The energy storage industry is booming. This is not new news — the up-and-coming sector has been on a swift upward trajectory for quite a while, but now there are some new developments in the works that are set to catapult the industry into new levels of success. Last year, Oilprice reported that the energy […]
In U.S., Engie and Hannon Armstrong Form Multi-Gigawatt Renewables Partnership
The portfolio will stretch across five states and encompass both wind and solar projects. The North American arm of European energy giant Engie SA and climate-focused investor Hannon Armstrong announced Thursday they will partner on a 2.3-gigawatt portfolio of U.S. wind and solar projects slated for completion this year. The two will split equity ownership […]
US overtakes China as most attractive country for renewables investment: research
US growth was largely due to a short-term extension of a production tax credit for wind projects and plans to invest $57 billion to install up to 30 gigawatts (GW) of offshore wind by 2030, the report said LONDON: The United States has overtaken China as the most attractive country in the world for renewables […]
U.S. to renew waiver for Iraq to import Iranian electricity for 120 days:State Department
Washington had repeatedly extended the exemption for Baghdad to use crucial Iranian energy supplies for its power grid for periods of 90 or 120 days WASHINGTON: The United States will grant a 120-day waiver for Iraq to continue importing electricity from Iran to help the new Iraqi government succeed, U.S. Secretary of State Mike Pompeo […]
U.S. Solar Workforce Could Be Halved By Virus, Group Says
The leading U.S. solar-trade group warns fallout from the coronavirus could slash the industry’s workforce in half. The Solar Energy Industries Association made the projection Monday as part of a campaign to convince Congress to make the federal tax credit for the sector refundable or payable directly to businesses and customers. “As the stock market […]
Lightsource BP Secures Solar Tracking Equipment from Array Technologies for over 1.5 Gigawatts of Projects Across the U.S.
$100 million transaction supports Lightsource BP’s construction plans in the U.S. SAN FRANCISCO : Lightsource BP, a global solar leader, has announced the purchase of approximately $100 million in equipment from Array Technologies, an industry leader in reliable solar tracking solutions. The investment in single-axis solar tracking equipment was completed in December, and is the […]
Chinese EV maker Lixiang files for U.S. IPO of at least $500 mln
Lixiang, also known as CHJ Automotive, founded by entrepreneur Li Xiang, confidentially filed in December for the IPO, which will take place as early as the first half of 2020, said the people HONG KONG/BEIJING: Chinese electric vehicle maker Lixiang Automotive has filed for a U.S. initial public offering, aiming to raise at least $500 […]
