Wednesday, January 22, 2025

Clean Energy News

What is known about Trump's Executive Orders after the swearing-in?

Donald Trump, the U.S. president, issued a series of executive orders on Monday to stamp his mark on his administration. These included directives on immigration and criminal pardons to energy.

Biden prevents clawback of 84% of IRA Clean Energy Grants

A White House official confirmed on Friday that the administration of U.S. president Joe Biden has protected around 84% or $96.7 billion worth of clean energy grants made by its signature…

Bloomberg News: RPT Rio Tinto and Glencore are in early merger talks

Bloomberg News reported Thursday that Glencore and Rio Tinto have had early-stage discussions about merging their businesses. The report was based on people familiar with this matter. If successful…

Bloomberg News reports that Rio Tinto and Glencore are in early merger talks.

Bloomberg News reported Thursday that Glencore and Rio Tinto have had early-stage discussions about merging their businesses. The report was based on people familiar with this matter. If successful…

Trump's Energy Department pick calls for increased LNG and nuclear energy

Chris Wright, the nominee of Donald Trump to lead the U.S. Energy Department told U.S. Senators during his confirmation hearing that his top priority was expanding domestic energy production…

New York City dismisses climate change lawsuit against Exxon BP Shell

A judge dismissed New York City’s lawsuit against Exxon Mobil and BP for misrepresenting their products and commitment to renewable energy, as well as their fight against climate change.

Octopus Energy purchases OX2’s French solar unit in order to accelerate development

Octopus Energy, a British company, acquired the French division of OX2, a Swedish firm that builds solar power plants in agricultural areas. Octopus plans to retain its French team and…

Trump's Energy Department pick calls for more LNG and Nuclear Power

Chris Wright, the nominee of Donald Trump to lead the U.S. Energy Department will tell U.S. Senators during his confirmation hearing Wednesday that his top priority is increasing domestic energy production…

Masdar, UAE launches facility for uninterrupted production of 1GW renewable energy

The chairman of Masdar, a state-owned renewables company in the UAE, announced on Tuesday that the firm has opened a facility to produce clean energy at a rate of 1 gigawatt per hour. At the Abu Dhabi Sustainability Week opening…

Nigeria and China strengthen ties through pledges on finance, security, and economic growth

Nigeria and China are planning to intensify their cooperation in areas like clean energy, finance and defence. China has pledged support for Nigeria to issue Panda bonds to fund its infrastructure.

Biden Team wraps up expanded Clean Energy Credit Guidance

The Biden Administration released Tuesday guidance to assist companies in securing clean energy tax credits as part of the 2022 Inflation reduction Act. This program finalized a program…

Biden team offers nuclear pathway to hydrogen tax credit

Biden's administration announced on Friday that portions of nuclear power plant will be eligible for tax credits in order to produce clean hydrogen, if these credits prevent the reactors from being retired.

Biden Administration offers nuclear industry a path to hydrogen tax credits

The Biden administration announced on Friday that nuclear power plants would be eligible for lucrative tax credits if they produce what it calls "clean hydrogen" and if these credits prevent the reactors from being retired.

BOEM Advances Offshore Wind Leasing in Guam

In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau…

Constellation wins $1 billion contract to supply nuclear energy to the US government

Constellation Energy announced on Thursday that it had been awarded contracts worth a record-breaking $1 billion to supply nuclear energy to the U.S. Government. As part of an agreement with the U.S.

Sources say that the US will issue a hydrogen credit rule next week with a path for nuclear.

Two sources with knowledge of the situation say that the U.S. Treasury Department will release guidance this week on how to obtain tax credits under the 2022 inflation reduction act for the production of hydrogen.

India's JSW Energy will buy O2 Power units from Temasek for $1.47 billion

JSW Energy, the Indian company led by billionaire Sajjan Jindal, announced on Friday that its JSW Neo Energy division will purchase renewable energy platform O2 Power subsidiaries for $1.47 billion.

Year Ender: Big Oil retreats from renewables as climate agenda falters

In 2024, major European energy companies increased their focus on oil and natural gas to maximize profits in the short-term. They also slowed down and sometimes reversed climate commitments.

Sekisui Chem will begin mass production perovskite cells in 2027

Sekisui Chemical, a Japanese company, announced on Thursday its intention to mass produce next-generation Perovskite Solar Cells (PSCs) by 2027. Scientists consider PSCs to be an alternative low-cost option to silicon cells.

EU solar growth slows, raising concerns for energy transition

Industry data revealed on Tuesday that the growth in solar power installations in Europe has slowed to 4% after years of double digit increases. This is raising concerns over the continent's transition to clean energy.

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