A $4 billion, renewable-energy powered green hydrogen factory will be built in North Texas on the site of a retired coal plant, with plans for the site to be operational by 2027, reports The Wall Street Journal.
The factory, a partnership between industrial-gas manufacturer Air Products and power company AES Corp, will use wind and solar…
Renewable Energy
Investor interest in renewable energy has grown sharply over the last decade, with energy firms and producers viewing the industry as a low-risk, high-reward way to diversify their portfolios and maximize profits in a swiftly changing energy world, reports PowerMag.
These investors include major oil and gas companies like Shell, Chevron and Exxon Mobil, showing that…
The Federal Energy Regulatory Commission expects U.S. solar energy capacity, which stands at 77GW, to nearly double in just three years, with 72GW of solar projects queued through 2025, reports PV Magazine.
After an abundance of additions in the first nine months of 2022, renewable energy now accounts for 27% of all U.S. generating capacity.
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The Biden Administration has designated nearly 700,000 acres in the Gulf of Mexico for auction for offshore wind development, reports the Houston Chronicle.
"These two wind energy areas represent exciting progress toward having the first offshore wind lease sale in the Gulf of Mexico, where there is a mature industry base and the know how to advance…
Wind and solar energy have saved Texans $7.4 billion in electricity costs so far in 2022, an average of nearly $1 billion a month, according to a recent study shared by the Dallas Morning News.
“Wind and solar generally produce very cheap electricity because they don’t have fuel costs … after you’ve built the plant there’s…
Coal plants across the United States continue to shut their doors, but rather than remain abandoned, many sites are being converted into solar energy or energy storage facilities, reports Fast Company.
“They have the existing electric infrastructure—the power lines, the transformers, all the equipment that’s needed to put electricity on the grid is already there... And…
Cushing, Oklahoma is one of two sites competing for a $5.6 billion refinery, which, if built, would be one of the country's largest refineries and the first to take advantage of clean energy technologies, with plans calling for operations to be powered 100% by renewable energy, reports the Oklahoman.
“You can’t make a complete transition to…
Land owners and farmers in rural communities across Texas are reaping the economic benefits of leasing their land for the development of clean energy projects, and are receiving hundreds of thousands of dollars in land-lease payments each year, reports CNN.
The projects have also significantly boosted community tax revenue, allowing rural schools to build new facilities and…
Last year, the United States generated three times more energy from wind and solar resources than in 2012, showing the rapid growth clean energy has experienced over the last decade, reports The Hill.
“When states prioritize building clean energy, their residents see lower energy bills, a more resilient electric grid, and healthier communities, which inspires neighbors…
Texas' population is growing rapidly, and in order to support higher energy demand, the state will need to invest expanding transmission, not just generation, according to the Texas Comptroller of Public Accounts.
The state will also need to expand renewable energy resources to combat utility costs, which have increased as a result of rising natural gas…