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 »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 »Offshore wind power has a big problem. Prepare to Pay More.
Crane ships and construction barges have joined the pleasure boats floating off the coast of vacation hot spots Montauk and Martha’s Vineyard this summer. The hard hats working on them aren’t there to catch some rays. They’re driving steel cylinders deep into the seabed to build America’s first large-scale offshore …
Read More »Biden touts sale of Gulf of Mexico wind-power leases and jabs at Trump in Philadelphia speech
President Joe Biden on Thursday touted the first sale of offshore-wind-power leases in the Gulf of Mexico as he spoke to workers in the key battleground state of Pennsylvania. Speaking at the Philly Shipyard about his economic agenda, Biden discussed the Interior Department’s Thursday announcement that the sale will be …
Read More »