Environment

OPEC and its allies left the oil market hanging on Monday when they indefinitely postponed talks to resolve a disagreement over production curbs. Crude prices first surged to six-year highs, then retreated, and uncertainty continues to hang over future OPEC+ policy. But at least one energy analyst expects a breakthrough to come soon. “I think
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Utilities could be the underrated beneficiaries of a U.S. infrastructure overhaul, one CEO says. With Washington lawmakers working to make the Biden administration’s $579 billion infrastructure spending framework a reality, the year’s worst-performing sector could be in for a rebound, Reaves Asset Management CEO Jay Rhame told CNBC’s “ETF Edge” this week. Two major tailwinds
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Two public sector giants in India’s energy sector have come together to set up offshore wind energy projects. According to media reports, power generation company NTPC Limited and oil and gas exploration company ONGC Limited have announced a partnership to set up offshore wind energy projects. The two companies signed a memorandum of understanding last
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The U.S. Department of Energy (DOE), Office of Energy Efficiency and Renewable Energy (EERE), and the Water Power Technologies Office (WPTO) released a Request for Information (RFI) to seek stakeholder input on factors to consider in relation to defining “an area where there is inadequate electric service,” which will inform future eligibility criteria for WPTO’s
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Tesla Energy, Brookfield Asset Management, and Dacra are teaming up to create SunHouse at Easton Park, Brookfield announced. This is the first Tesla Solar neighborhood and will be the nation’s most sustainable residential community, according to the companies. Brookfield and Dacra are combining their real estate experience with Tesla Energy’s products and wisdom to create
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Originally published on RMI.org.By Michael Donatti, Erifili Draklellis, Ana Sophia Mifsud, & Rushad Nanavatty Local governments are making progress on protecting their people and environment. State politicians, sponsored by the fossil-fuel and utility industries, are taking that ability away from them. A new insight brief from RMI examines state pre-emption of local clean energy and electrification
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India’s largest vertically integrated power company in the private sector has thrown its weight behind renewable energy. The Chairman of Tata Power has announced that his company will add 15 gigawatts of renewable energy capacity over the next few years. The company currently has 1.8 gigawatts of solar and wind energy capacity operational and another
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Well, whaddaya know. No sooner does New Jersey let slip that it has a new green hydrogen pilot project in the works, when here comes archrival New York right across the river with a whole truckload of green hydrogen news. And they do mean green hydrogen from renewable resources, not that other stuff the natural
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A transaction related to the sale of wind turbine manufacturer Senvion’s India business has been completed. According to media reports, the Saudi Arabia-based manufacturer of power equipment Alfanar has completed the acquisition of Senvion’s India business. Alfanar completed the transaction through Global Renewable Energy Development Holding Company Limited, which had acquired Senvion India in December
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Technicians make repairs to bitcoin mining machines at a mining facility operated by Bitmain in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017. Qilai Shen | Bloomberg | Getty Images China has long been home to more than half the world’s bitcoin miners, but now, Beijing wants them out ASAP.  In May, the government
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Andrew Ocalliham | EyeEm | Getty Images The United States is now home to over 100 gigawatts of solar photovoltaic capacity, according to a new report, although rising costs could pose challenges to the sector. The figures come from the latest U.S. Solar Market Insight report, released on Tuesday by the Solar Energy Industries Association
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