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…
Bethlehem Steel in Pennsylvania, founded in 1904, is reopening after years of closure to produce crucial components for solar energy, rekindling the area's industrial history, reports Solar Power World.
The plant will also bring much-needed jobs to the area.
“These are good-paying jobs, and they’re permanent... We have second- and third-generation steelworkers whose parents or grandparents…
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…
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…
Farmers and researchers have teamed up to experiment with installing solar panels over crops, a combination called 'agrivoltaics' that is showing promise, reports Axios.
Shade-loving crops like kale and root vegetables thrive under solar panels, and farmers and landowners benefit from a new way to profit off their land as they deal with economic uncertainty.
Read…
Thanks to land lease payments from clean energy projects, farmers in Central Texas are managing to stay afloat financially in spite of an ongoing drought and record high temperatures that have forced some to cut crop production nearly in half, reports the Houston Chronicle.
“My banker is a lot happier knowing I have these windmills,” said…
The Department of Energy plans to invest $45 million in 15 cybersecurity research projects aimed at strengthening the nation's power grid and protecting the energy sector from cyberattacks, reports The Hill.
“As DOE builds out America’s clean energy infrastructure, this funding will provide the tools for a strong, resilient, and secure electricity grid that can withstand…
A recent study by the Lawrence Berkley National Laboratory has revealed that, while many agree expansion of transmission infrastructure is necessary to keep energy costs down, the economic benefits are understated and under-appreciated by grid planners, reports Utility Dive.
“Many existing transmission planning approaches are likely understating the economic value of new transmission infrastructure,” LBNL researchers said…