[ad_1] Updated Nov. 22, 2023 2:58 am ET Enel plans to boost investments in grids and refocus its renewables strategy while boosting cash generation and cutting costs as part of…
Tag: Electric Power Generation
Enel to Boost Investments, Cash Generation as Part of 2024-26 Strategy
[ad_1] Enel plans to increase investments, boost cash generation and carry out cost reductions as part of its strategic plan for the 2024-26 period. The Rome-based energy company said Wednesday…
Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.
[ad_1] A pile of government cash from last year’s climate law was supposed to fuel a wave of clean-energy startups. Instead, many are running out of money before the funding…
China’s Spending on Green Energy Is Causing a Global Glut
[ad_1] Listen to article (1 minute) China’s newest solar-energy manufacturers include a dairy farmer and a toy maker. The new entrants are examples of a green-energy spending binge in China…
Electricity Use Booms in Texas, a Harbinger for the Country
[ad_1] Updated Nov. 13, 2023 7:18 am ET Listen to article (2 minutes) Everything is bigger in Texas, including its electricity use, which is increasing at historic rates in a…
Origin’s Largest Shareholder Turns Down Chance to Join Takeover Consortium
[ad_1] Nov. 13, 2023 12:33 am ET SYDNEY—Origin Energy’s largest shareholder said it rejected an offer to join the Brookfield Asset Management-led consortium trying to buy the Australian power retailer…
Enel Raises Guidance After Surge in Profit
[ad_1] Enel upgraded its guidance for the year after profit more than doubled in the first nine months. The Rome-based energy company on Tuesday reported a net profit of €4.25…
Kinder Morgan to Purchase NextEra Energy Partners’ Texas Pipeline For $1.8 Billion
[ad_1] Kinder Morgan will purchase NextEra Energy Partners’ Texas natural gas line portfolio for $1.815 billion. The transaction, which primarily includes seven pipelines, is expected to close in the first…
Opinion | Phil Murphy’s New Jersey Wind Flop
[ad_1] Phil Murphy huffed and he puffed, and a giant wind boondoggle blew the New Jersey Governor down. That’s the story of another failed green-energy project, as the follies keep…