In recent years, the U.S. energy landscape has been undergoing a dramatic transformation, characterized by significant shifts in investment patterns across renewable energy sectors. According to a recent BloombergNEF report, U.S. investment in wind energy has soared, while solar energy investment has seen a noticeable stagnation. This divergence highlights broader trends within the renewable energy sector and underscores various factors influencing these dynamics.
Wind Energy Investment on the Rise
The BloombergNEF report reveals a remarkable...
REC Silicon, a leading producer of high-purity silicon materials for the solar and semiconductor industries, has announced the suspension of polysilicon production at its Moses Lake, Washington facility. This decision marks a significant shift in the company's operations and has implications for...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
In a significant boost for the clean energy sector, U.S. households claimed a record $8.4 billion in tax credits for energy efficiency and clean energy improvements in 2023, according to a recent Treasury Department report. This substantial uptake of tax incentives underscores a growing commitment...
In a significant development within the renewable energy sector, Maxeon Solar Technologies has announced plans to support SunPower’s solar panel customers following SunPower’s recent bankruptcy filing. This move is expected to provide critical continuity and reassurance for thousands of...
Michigan is accelerating its transition to renewable energy, aiming to generate 60% of its electricity from clean sources by 2030. This ambitious goal is part of a broader strategy to achieve 100% clean energy by 2040, as outlined in the MI Healthy Climate Plan. To meet these targets, developers...
Alliant Energy has officially brought Iowa’s largest solar facility online, marking a significant milestone in the state's renewable energy landscape. The 200-megawatt (MW) Pleasant Creek Solar project, located in Linn County, is now operational and supplying clean electricity to Alliant...
Texas is at a pivotal crossroads in its energy policy, with legislative actions that could significantly reshape the state's electricity landscape. A recent report by Aurora Energy Research, commissioned by the Texas Association of Business, warns that proposed restrictions on renewable energy...
Duke Energy Florida has announced plans to build four new utility-scale solar energy facilities across the state, aimed at adding 300 megawatts (MW) of renewable energy to the grid. This expansion is part of the company’s broader strategy to increase its solar generation capacity and...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
As the U.S. strives to strengthen its domestic renewable energy sector, ES Foundry, a new player in solar cell manufacturing, is helping to reshape the landscape. The company recently celebrated the grand opening of its cutting-edge facility in South Carolina, marking a significant step toward...
