wind
Dec 27, 2024
Big Oil Reverses Course on Renewable Investments
In 2024, major European energy companies, including BP and Shell, have shifted their focus back to oil and gas, scaling back renewable energy initiatives.
In 2024, major European energy companies, including BP and Shell, have shifted their focus back to oil and gas, scaling back renewable energy initiatives. This strategic reversal follows increased energy costs after geopolitical tensions and delays in global clean energy policies. BP has spun off its offshore wind projects, and Shell has halted investments in offshore wind and reduced its carbon targets. This retrenchment poses challenges for global climate efforts, with carbon emissions expected to rise in 2024. Read more.
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wind
Sep 10, 2025
Eco Wave Power launches first U.S. onshore wave‑energy project at the Port of Los Angeles
Eco Wave Power inaugurated the United States’ first onshore wave‑energy installation at the Port of Los Angeles, demonstrating how floaters mounted on a pier can convert the ocean’s motion into renewable electricity.
wind
Aug 22, 2025
Trump’s $19 B Clean‑Energy Bloodbath: Renewable Projects Mass‑Cancelled in One Power Grab
Financial Times reveals that since returning to power in 2025, President Trump’s policies have led to the cancellation of nearly $18.6 billion in clean energy projects—over 20 times more than in 2024—sending shockwaves through the US renewable industry.