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Energy company serving 38 states files Chapter 11 bankruptcy
Yahoo Finance· 2025-11-08 19:47
Core Points - President Donald Trump has expressed strong opposition to wind and solar energy, citing concerns over their reliability, cost, and environmental impact [1][2] - The effectiveness of the Inflation Reduction Act (IRA) has led to a significant increase in domestic solar module manufacturing capacity, which has nearly quintupled since 2022 [3] - Pine Gate Renewables, a major solar power generator, has filed for Chapter 11 bankruptcy, attributed to the challenges posed by Trump's cuts to solar and wind tax credits [4][6] Industry Impact - The phase-out of federal tax credits for solar and wind projects will affect projects that begin construction after July 4, 2026, requiring them to be operational by December 31, 2027, to qualify for investment and production tax credits [7] - New "safe harbor" rules require large solar and wind projects to demonstrate physical construction activity, as merely spending 5% of project costs is no longer sufficient for qualification [7] - Restrictions on foreign supply chains may disqualify projects using materials from "foreign entities of concern," potentially impacting the eligibility for tax credits [7] - The anticipated impact on the industry includes delays or halts in new renewable installations for many planned solar and wind projects post-2026 [7] - Other clean energy sectors, such as hydropower, geothermal, and nuclear, are less affected by these changes, experiencing more gradual phase-outs compared to solar and wind [7]
X @The Economist
The Economist· 2025-11-08 12:20
This year Pakistan became the world’s second-largest importer of solar panels. It has become a laboratory for the green-energy transition in the global south https://t.co/49JKon70gH ...
ReNew gets $331 mn financing from ADB for large-scale renewable energy project in Andhra
MINT· 2025-11-07 17:11
New Delhi: Nasdaq-listed ReNew on Friday signed a $331 million financing deal with the Asian Development Bank to develop a large-scale renewable energy project in Andhra Pradesh. The multilateral agency will also provide an additional $146 million through other lenders, ReNew said in a statement.The planned project will integrate 837 MWp of wind and solar capacity with a 415 megawatt-hour (MWh) battery energy storage system (BESS). It will be designed to deliver 300 MW peak power.In April this year, ReNew h ...
OPAL Fuels (OPAL) - 2025 Q3 - Earnings Call Presentation
2025-11-07 16:00
Third Quarter 2025 Earnings Presentation September 2025 Disclaimer For the purposes of this notice, the "presentation" that follows shall mean and include the slides that follow, the oral presentation of the slides by members of management of OPAL Fuels Inc. (the "Company" or "OPAL Fuels") or any person on their behalf and the question-and-answer session that follows that oral presentation. By reading the presentation slides, you will be deemed to have (i) agreed to the following limitations and notificatio ...
Revolve Announces Closing of Private Placement for Gross Proceeds of $3 Million
Newsfile· 2025-11-07 15:31
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2025) - Revolve Renewable Power Corp. (TSXV: REVV) (OTCQB: REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce the closing of its previously announced brokered private placement of units (the "Offering") for aggregate gross proceeds of $3,039,973. The Offering was conducted on a "best efforts" agency basis pursuant to the terms of an agency agreement entered betwee ...
Brookfield Asset Management .(BAM) - 2025 Q3 - Earnings Call Transcript
2025-11-07 15:02
Brookfield Asset Management (NYSE:BAM) Q3 2025 Earnings Call November 07, 2025 09:00 AM ET Company ParticipantsSohrab Movahedi - Managing Director of Financials ResearchCherilyn Radbourne - Managing Director of Equity ResearchHadley Peer Marshall - CFO and Managing Partner of InfrastructureJason Fooks - Managing Director of Investor RelationsConnor Teskey - PresidentCraig Siegenthaler - Managing Director and North American Head of Diversified FinancialsAlex Blostein - Managing DirectorBruce Flatt - CEOConfe ...
Enbridge(ENB) - 2025 Q3 - Earnings Call Transcript
2025-11-07 15:02
Enbridge (NYSE:ENB) Q3 2025 Earnings Call November 07, 2025 09:00 AM ET Company ParticipantsCynthia Hansen - Head of Gas Transmission Business UnitMichelle Harradence - EVP and President of Gas Distribution and StoragePat Murray - EVP and CFORebecca Morley - VP of Investor RelationsMatthew Akman - Head of Renewable EnergyAaron MacNeil - Director of Equity ResearchGreg Ebel - President and CEOCollin Grending - Head of Liquids Pipeline Business UnitTeresa Chen - Managing Director of Midstream and Refining Equ ...
Enbridge(ENB) - 2025 Q3 - Earnings Call Transcript
2025-11-07 15:02
Enbridge (NYSE:ENB) Q3 2025 Earnings Call November 07, 2025 09:00 AM ET Company ParticipantsCynthia Hansen - Head of Gas Transmission Business UnitMichelle Harradence - EVP and President of Gas Distribution and StoragePat Murray - EVP and CFORebecca Morley - VP of Investor RelationsMatthew Akman - Head of Renewable EnergyAaron MacNeil - Director of Equity ResearchGreg Ebel - President and CEOCollin Grending - Head of Liquids Pipeline Business UnitTeresa Chen - Managing Director of Midstream and Refining Equ ...
Enbridge(ENB) - 2025 Q3 - Earnings Call Transcript
2025-11-07 15:00
Enbridge (NYSE:ENB) Q3 2025 Earnings Call November 07, 2025 09:00 AM ET Speaker1Good morning and welcome to the Enbridge Inc. Third Quarter 2025 Financial Results Conference Call. My name is Rebecca Morley, and I'm the Vice President of Investor Relations and Insurance. Joining me this morning are Greg Ebel, President and CEO; Pat Murray, Executive Vice President and Chief Financial Officer; and the heads of each of our business units: Colin Grending, Liquids Pipelines; Cynthia Hansen, Gas Transmission; Mic ...
Will Clean Energy ETFs Lose Momentum on Russia's REE Move?
ZACKS· 2025-11-07 14:40
Russian president Vladimir Putin's recent directive to create a comprehensive roadmap for rare earth element (REE) extraction by December 2025 (as reported by Russian media outlet TASS, cited in Politico) signals Moscow's intent to muscle in on the critical minerals market. These 17 elements are indispensable components, used in varied industries in the modern-day world, ranging from smartphones and defense systems to wind turbines and Electric Vehicle (EV) batteries. With Russia housing the world's fifth-l ...