Wind Power

Equinor Shifts Focus to Profitability in Renewable Energy Strategy
Renewable Energy Equinor Shifts Focus to Profitability in Renewable Energy Strategy

Equinor ASA, a significant entity in the global energy sector, is downsizing its renewables unit, signaling a strategic shift from expansion to profitability in light of high costs and reduced returns. This decision comes at a time when many European utilities are reassessing their renewable

November 11, 2024
Duke Energy Plans Major Expansion of Clean Energy in Carolinas
Renewable Energy Duke Energy Plans Major Expansion of Clean Energy in Carolinas

Duke Energy is embarking on an ambitious and significant expansion of clean energy resources across the Carolinas following a comprehensive decision by the North Carolina Utilities Commission (NCUC). This detailed plan aims to balance the transition to cleaner energy with maintaining grid

November 4, 2024
Dominion Sells 50% Stake in Offshore Wind Project to Reduce Debt
Renewable Energy Dominion Sells 50% Stake in Offshore Wind Project to Reduce Debt

Dominion Energy has made a considerable strategic move by selling a 50% noncontrolling interest in its Coastal Virginia Offshore Wind (CVOW) project to Stonepeak. Valued at $2.6 billion, this sale is aimed at significantly reducing Dominion's outstanding debt and honing its business model into

October 30, 2024
Xcel Energy Unveils Bold Wind Power Investment Amid Solar Dominance
Renewable Energy Xcel Energy Unveils Bold Wind Power Investment Amid Solar Dominance

Xcel Energy, a leading utility company in the United States, has announced an ambitious clean energy plan that places a significant emphasis on wind power. This move contrasts sharply with the prevailing trend in the industry, which has largely favored solar energy. By 2030, Xcel aims to add 3.2GW

October 16, 2024
NJBPU Faces Scrutiny Over Offshore Wind Project's Safety and Transparency
Renewable Energy NJBPU Faces Scrutiny Over Offshore Wind Project's Safety and Transparency

The New Jersey Board of Public Utilities (NJBPU) is facing intense scrutiny from local officials and residents over its handling of safety and transparency concerns related to a planned 6,400 MW offshore wind transmission line. This project, set to run through Sea Girt, Manasquan, Wall Township,

October 15, 2024
How Are US Utility Giants Boosting Renewable Energy Integration?
Renewable Energy How Are US Utility Giants Boosting Renewable Energy Integration?

In an ambitious move aimed at accelerating the development of high-capacity transmission infrastructure, American Electric Power (AEP), Dominion Energy Virginia, and FirstEnergy have entered into a significant joint planning agreement. This collaboration is focused on managing the growing

October 11, 2024
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