By Rob Curran NextEra Energy posted second-quarter earnings more than double the year-earlier level as the electricity generator added solar-power capacity. The Juno beach, Fla., power producer said second-quarter net income rose to $2.8 billion, or $1.38 a share, from $1.38 billion, or 70 cents a share, a year earlier. …
Read More »Brazilian Energy Major Plans To Spend $17 Billion On Mergers And Acquisitions
Brazil’s energy major Eletrobras has plans to invest close to $17 billion over the next five years and is eager to grow through mergers and acquisitions. That’s according to a security filing, cited by Reuters, in which the Brazilian company also said that investments in electricity generation would come in …
Read More »Our solar farms & the Chesapeake: Experts focus on stormwater footprint | Environment
Silt fencing and other measures failed to stabilize bare soil left during the construction phase of a solar project in west-central Virginia that was found out of compliance with state regulations in May 2023. Virginia Department of Environmental Quality Rain dripping off solar panels can produce a unique type of …
Read More »Unity Christian School goes solar
Unity Christian School get a solar panel project underway that should save a significant amount on power bills Valerie Wells DECATUR — People who live in the neighborhood of Unity Christian School on Mound Road have been hearing metallic banging for a few days and possibly wondering what’s happening. The …
Read More »Counter-Protesters Disrupt Just Stop Oil Banquet With Rape Alarms
By Charles Kennedy – Jul 24, 2023, 11:00 AM CDT Counter-protesters in London disrupted Just Stop Oil’s “Beyond F***** Banquet” on Sunday night by setting off rape alarms hidden inside balloons as climate activists were gathered in a church to “step back, grieve for what will die and disappear but …
Read More »UK Energy Minister: We Will Produce 100% Of North Sea Oil And Gas
By Charles Kennedy – Jul 24, 2023, 10:00 AM CDT UK Energy Minister Grant Shapps: the UK govt. intends to tap all of its North Sea oil and gas reserves. Shapps; Higher carbon emissions would result from reliance on foreign imports of oil and gas if the North Sea is …
Read More »World’s Largest Battery Energy Storage Scheme Gets Planning Permission
Local authorities in the Greater Manchester area in the UK have issued planning permission to UK energy infrastructure development company Carlton Power to build what would be the world’s largest battery energy storage scheme, which will cost $963 million (£750 million). Carlton Power plans to build and operate a 1GW …
Read More »Canada’s Heliene plans new US solar panel and cell factory
July 24 (Reuters) – Canadian solar panel maker Heliene is planning a major expansion of its US manufacturing operations with a new Minnesota factory that will produce both modules and cells, its chief executive told Reuters. The company, which already makes panels in Iron Mountain, Minnesota and Ontario, Canada, is …
Read More »Turkey: TotalEnergies Partners With Rönesans Holding to Develop Renewable Energy in the Country
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with Rönesans Holding to acquire a 50% stake in Rönesans Energy and jointly develop, through this joint-venture, renewable projects in Turkey, which is a liberalized growing electricity market. Rönesans Enerji is currently operating a portfolio of 166 MW hydro assets. The company …
Read More »Chinese petchem firms are betting big on energy transition products
SINGAPORE, July 24 (Reuters) – Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batteries to profit from growing demand for energy transition technologies. The investments illustrate China’s drive to reduce its import dependence and further cement …
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