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Emeren Group Announces North America Management Change and Preliminary Q2 2025 Operating Results
Prnewswire· 2025-07-03 20:30
NORWALK, Conn., July 3, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced a leadership transition within its North America operations. Mr. Cameron "Mac" Moore, Executive Vice President - North America, has departed the Company, and Mr. M. Jahangir Alam has been appointed as his successor, effective immediately.About M. Jahangir AlamM. Jahangir Alam is a seasoned leader in the North Am ...
Congress passed the GOP's big spending bill, stripping away resources for renewable energy projects.
The Verge· 2025-07-03 20:19
Electricity rates could start to rise now that Congress has passed Donald Trump's big spending bill. This disgusting abomination will set in motion a potential economic death spiral. It includes deep cuts to Medicaid and food assistance programs and funnels more money into Trump's mass deportation campaign, among a lot of other things.For weeks, we have all been warning New Yorkers about the devastating impact cuts to Medicaid will have on our communities and our entire health care system. The bill also sla ...
X @Bloomberg
Bloomberg· 2025-07-03 19:10
China has finally turned the corner on coal, writes @davidfickling. Energy from wind and solar plants overtook fossil fuel for the first time (via @opinion) https://t.co/lpgYsyeVqy ...
X @Bloomberg
Bloomberg· 2025-07-03 19:09
President Donald Trump secured a sweeping shift in US domestic policy as the House passed a $3.4 trillion fiscal package that cuts taxes, curtails spending on safety-net programs and reversed much of Joe Biden’s efforts to move the country toward a clean-energy economyhttps://t.co/ap4scV4Sb5 ...
X @TechCrunch
TechCrunch· 2025-07-03 18:41
Final GOP bill kneecaps renewables and hydrogen, but lifts nuclear and geothermal | TechCrunch https://t.co/0yOar1ixmd ...
NuScale Power Stock Up 96% Year to Date: Is SMR Tech the Catalyst?
ZACKS· 2025-07-03 17:00
Key Takeaways SMR shares are up 96.4% YTD, outperforming sector and industry averages on SMR tech momentum. Demand from AI-driven data centers and tech giants boosts NuScale Power's carbon-free energy appeal. Despite growth, SMR faces tough competition and trades at a significantly higher forward P/S valuation.NuScale Power (SMR) shares have surged 96.4% in the year-to-date period, outperforming the Zacks Computer & Technology sector’s return of 5.7% and the Zacks Electronics- Power Generation industry’s ...
TotalEnergies Grows Caribbean Presence With AES Renewable Partnership
ZACKS· 2025-07-03 16:46
Core Insights - TotalEnergies SE (TTE) has completed the acquisition of a 50% stake in AES Corporation's subsidiary AES Dominicana Renewables Energy, which includes a portfolio of solar, wind, and Battery Energy Storage Systems (BESS) [1][9]. Group 1: Acquisition Details - The acquired portfolio consists of over 1 gigawatt (GW) of contracted projects, with 410 megawatts (MW) currently active or under construction, and includes long-term power purchase agreements [2][9]. - The portfolio also features more than 500 MW of solar and wind power under development, along with BESS projects aimed at enhancing grid stability and reducing intermittency [2]. Group 2: Strategic Expansion - This acquisition allows TotalEnergies to expand its renewable energy business in the Dominican Republic, where it is already developing a 103 MW solar project and operates a network of 184 service stations powered largely by solar energy [3]. - The partnership with AES follows TotalEnergies' previous acquisition of a 30% stake in AES solar and battery assets in Puerto Rico, contributing to a total renewable energy and BESS capacity in the Caribbean exceeding 1.5 GW [4]. Group 3: Broader Energy Strategy - TotalEnergies aims to enhance its multi-energy approach by focusing on battery storage and renewable energy, complementing its existing liquefied natural gas (LNG) operations in the region [5]. - The company is targeting a gross renewable capacity of 35 GW by 2025 and over 100 terawatt-hours of electricity production by 2030, with its current gross renewable electricity generation capacity at 28 GW as of March 2025 [6][7]. Group 4: Industry Context - Other energy companies, such as BP and Equinor, are also prioritizing clean energy initiatives, with BP aiming for 50 GW of renewable generating capacity by 2030 [8][10]. - The competitive landscape indicates a growing focus on renewable energy across the industry, with various companies setting ambitious targets for capacity and emissions reduction [8][10]. Group 5: Stock Performance - In the past month, TotalEnergies' shares have increased by 7.5%, slightly outperforming the industry average growth of 7% [11].
X @Forbes
Forbes· 2025-07-03 16:20
Red States–And AI–Are Big Losers From Trump’s Clean Energy Massacrehttps://t.co/lBQvcmjwpm https://t.co/lBQvcmjwpm ...
X @Tesla Owners Silicon Valley
One of the best things Tesla is doing is driving the shift to sustainable energy with electric cars, solar power, and batteries to help cut fossil fuel use and fight climate change. https://t.co/nfTqPhCI19 ...
Eni Advances Zohr Gas Field Development, Boosts Egypt's Gas Supply
ZACKS· 2025-07-03 16:00
Key Takeaways E completed Zohr 6 drilling, adding 60M cubic feet/day to Egypt's natural gas production capacity. Zohr 13 is expected to add 55M cubic feet/day as E continues to expand production at the offshore site. E targets 3.2B cubic feet/day by end-2025 and plans two more Zohr wells with a $360M investment in 2026.Eni S.p.A (E) has concluded drilling activities for a well at the Zohr gas field, located off the coast of Egypt. The drilling assignment was carried out by the Saipem 10000 drillship, whic ...