Wind
Jan 30, 2025
Global energy transition investment exceeded $2 trillion last year, report shows
China raced ahead building renewable energy last year, installing more wind and solar power than ever before and continuing to leave all other countries in the dust.
In 2024, China achieved a record-breaking expansion in renewable energy by installing 357 gigawatts of wind and solar power, marking a 45% increase in solar and an 18% rise in wind capacity compared to the end of 2023. This rapid development enabled China to surpass its 2030 target of 1,200 gigawatts of renewable energy six years ahead of schedule. Despite being the world’s largest contributor to climate change due to its heavy reliance on coal for electricity, cement production, and manufacturing, China’s significant investment in renewables underscores its commitment to enhancing energy and climate security.Read more.
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wind
Jul 19, 2025
BP Sells U.S. Onshore Wind Business, Retreating from Green Energy
BP has agreed to offload its U.S. onshore wind assets—covering 10 wind farms powering over 500,000 homes—to LS Power, as it pivots back toward oil and gas amid financial pressures and underperformance in its green-energy arm.
wind
Jul 7, 2025
Trump Issues Executive Order Ending Wind & Solar Tax Subsidies
President Trump signed an executive order mandating federal agencies to enforce the termination of wind and solar tax credits after 2026 and adjust Interior policies perceived as favoring renewables.