The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area (WEA) off California. BOEM said that the […]
Even before Russia’s invasion of Ukraine, the global energy market was struggling with supply and governments were pushing for an energy transition. As oil and gas prices continue to soar investment in renewable energy is […]
Oil and gas contractor Saipem has confirmed a €580 million downgrade in profits for 2021 due to difficulties with offshore wind farms. It had previously issued a profit warning, citing delays in critical supplies and revised […]
The Russian war in Ukraine exposed Europe’s high energy dependence on Russian oil and gas and made Western governments rethink their energy policy strategies. Some, like the United States and the United Kingdom, which can […]
The need to develop a variety of energy sources has never been so evident. As the global reliance on a few specific oil and gas sources becomes clear, it seems obvious that we should be […]
Enphase Energy (ENPH +9.8%) and SolarEdge Technologies (SEDG +9.1%) comprise two of the top five gainers on the S&P 500, as rising oil prices resulting from the Russia-Ukraine conflict and the just-announced U.S. ban on Russian oil and gas […]
Clean energy just had a record-setting year in the US, but without a drastic shift in policies, oil and gas will continue to dominate the US energy sector for the next three decades, according to two new […]
Wind power is generated when kinetic energy from turbine propellers is converted to mechanical energy. Even though wind isn’t always present, turbines can still actively generate energy 90% of the time. Turbines typically need to […]
Source: Graph by U.S. Energy Information Administration, Annual Solar Photovoltaic Module Shipments Report Despite the global COVID-19 pandemic, U.S shipments of solar photovoltaic (PV) modules (also referred to as solar panels) reached a record high of 21.8 […]
Reuters and other news agencies reported on August 3 that construction has commenced for the 145MW Cirata floating PV power plant in Indonesia. This project was formally given the go ahead after the Indonesian public utility […]
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