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WEB6 days ago · US grid-scale storage installations surged 60% in second quarter record as prices continue to drop. Published 1 October 2024 23:07 GMT. Wind.
TotalEnergies joins RWE in German offshore wind push
WEB1 day ago · Published 4 minutes ago. RWE will sell a 50% stake in two recently won offshore wind areas with a capacity for 2GW each to TotalEnergies – boosting the French oil major’s capacity in the German North Sea to 5.5GW. The companies have agreed to jointly develop the North Sea two areas (N-9.1 and N …
BP ditches key energy transition pledge as green shift blurs: report
WEB1 day ago · BP has reportedly dropped a targeted 25% reduction in crude oil production by the end of the current decade, in what would be a significant retreat away from the company's flagship energy transition strategy announced in 2020. Back then, former CEO Bernard Looney vowed that the company would allow its oil …
Equinor buys almost 10% of offshore wind giant Orsted
WEB1 day ago · European Editor, Recharge. Just updated. Norwegian oil major Equinor has bought a 9.8% minority stake in Orsted, making it the second-largest stakeholder in the offshore wind champion after the Danish state, which holds a controlling majority. “Equinor has a long-term perspective and will be a supportive owner in Orsted.
US grid-scale storage installations surged 60% in second quarter …
WEBOct 1, 2024 · Vanessa Witte, senior analyst with Wood Mackenzie’s energy storage team, said that while grid-scale storage continues to drive the market and CCI performed strongly, residential expansion slowed as “California's meteoric growth faltered, combined with low installations in Hawaii and Puerto Rico, which continue to be affected by incentive changes.”
BlackRock seals $12bn deal to buy Global Infrastructure Partners
WEB6 days ago · US private equity giant BlackRock has completed a deal worth $12.5bn to buy Global Infrastructure Partners, the owner of Skyborn Renewables and other green energy players. BlackRock announced on Tuesday the completion of the acquisition, which it said “creates an industry leader in infrastructure ...
First ever US multistate offshore wind tender hands 3GW to …
WEBPublished 6 September 2024, 09:11. Massachusetts and Rhode Island announced joint procurement of 2.87GW of offshore wind capacity in the US’ first multistate round and the largest ever in New England. Massachusetts will take the lion’s share at 2.67GW, leaving Rhode Island with only 200MW while the third party to the tristate procurement ...
US Biden administration announces 3.1GW floating wind lease …
WEBAug 29, 2024 · US Offshore Wind Editor, Recharge. Published 29 August 2024, 16:16. The US Department of the Interior will sell some 194,995-acres (789 km 2) in two wind energy areas (WEAs) off the coast of Oregon on 15 October, the sixth leasing round by President Joe Biden’s administration and the second in deep Pacific Ocean waters.
US sets second quarter record for new clean power | Recharge
WEBSep 5, 2024 · The US set a second quarter installation record with onshore wind, storage, and utility solar all posting strong numbers, as the industry benefits from generous federal subsidies and stronger customer demand, according to a report by the American Clean Power Association (ACP).