Green Energy - Page 5

Mighty Waves Energy’s acquisition of Icebreaker Windpower Inc. renews interest in wind power on Lake Erie, with plans for six massive turbines. This revitalized project positions Cleveland as a potential leader in offshore wind energy, highlighting sustainability and resilience. Despite the promise,

Drax, a prominent power station in North Yorkshire, faces significant criticism despite receiving over £800 million in subsidies for its “green” biomass energy production. The station uses wood pellets, a method contested for its true environmental impact, prompting debates over its characterization

Taiwan aims to significantly enhance its renewable energy sources by harnessing offshore wind power and solar energy, despite facing regulatory and logistical challenges. Progress toward renewable energy targets has been slow, prompting Taiwan’s Ministry of Economic Affairs to lower its ambitions, reflecting

Bloom Energy reported a remarkable 60.4% increase in Q4 revenue, reaching $572.4 million, surpassing Wall Street expectations by 12.8%. Over the past five years, Bloom has achieved a 13.4% annualized growth rate, outpacing most in the industrial sector. The energy servers and

Europe’s initial optimism for green hydrogen faces economic challenges, impacting development pace. Oil giants like TotalEnergies, BP, and Shell remain invested, leveraging existing and new projects. TotalEnergies plans green hydrogen integration with coastal assets, emphasizing practical applications. BP and Shell pursue significant

New York has emerged as a frontrunner in the clean energy revolution, significantly boosting its job market. Clean energy employment in New York has more than doubled since 2016, ranking it fourth in the U.S. for such jobs. Key growth sectors include