State utility regulators in the United States are grappling with the dual challenge of maintaining affordable electricity while transitioning to cleaner energy sources. This balancing act is complicated by increasing demand, significant infrastructure investments, and the impacts of climate change.
In Q3 2024, U.S. clean energy investments reached an unprecedented $71 billion, representing a 12% year-over-year increase and a 2% rise from Q2 2024, according to a report by the research firm Rhodium Group published on Thursday. This sector's investment accounted for 5% of total U.S. private
The recent memorandum of understanding (MoU) signed between Haewoori Offshore Wind, Korea Marine Equipment Research Institute (KOMERI), and Ulsan Technopark signifies a pivotal development for South Korea's renewable energy landscape, especially in the areas of floating offshore wind technology and
As the United Arab Emirates (UAE) targets an ambitious energy efficiency goal for 2030, unveiled at COP28, strategies are emerging from public insights and expert analyses. Renewable energy investments, particularly in solar and wind, are pivotal given the UAE's ample resources. Improving building
Portland General Electric's Clearwater Wind Energy Center in Montana achieved an unprecedented milestone by generating 1 GW of power from wind sources within its first 10 months of operation, marking an impressive output record for PGE. Such a remarkable accomplishment can be attributed to the
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
