It was the fourth such deal struck by the administration to get companies to forfeit their offshore wind leases.
Duke Energy is selling its offshore wind lease back to the government to focus on grid reliability and nuclear energy.
Public News Service on MSN
Wind energy brings clean power, profits to Minnesota farmers
Wind energy generated about 25% of Minnesota’s electricity in 2023, with much of that power coming from turbines placed on ...
GlobalData on MSN
Skyborn acquires full ownership of 111MW Nordergründe wind farm
Before the transaction, Skyborn held a 30% stake in Nordergründe, with the remaining 70% owned by different investors.
Off-grid coastal communities that rely on weather-dependent solar and expensive diesel to meet their energy needs may soon have a new addition to their power production portfolio: Tidal energy.
A small town in central South Dakota is picking up the pieces after being hit by some of the strongest winds the state has ever seen. A 131-mile-per-hour wind gust was ...
World's biggest independent renewable developer gets state planning approval for a slimmed down wind and battery project that no longer includes a solar component.
While AI is expected to accelerate innovation across healthcare, finance, education and manufacturing, it is simultaneously ...
As central Iowa swelters under soaring temperatures, experts advise maintaining consistent thermostat settings, clearing ...
Europe imports more than half of its energy, leaving economies exposed to geopolitical disruption and supply shocks – a ...
The Trump administration is canceling a lease held by Duke Energy Corp. off the coast of North Carolina as it expands its ...
Nine wind turbine blades set for North Sea project were damaged when Fred Olsen Windcarrier suffered collision at Port of ...
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