Innergex Renewable Energy's financial performance for the second quarter of 2024 has raised eyebrows as the company reported a net income of $23.01 million, marking a 7.2% decline compared to the same period in 2023. Excluding non-recurring items, the firm posted an adjusted net loss of $3.86
As the United States pushes towards decarbonizing its energy sector, the solar energy industry faces a critical bottleneck: a severe shortage of qualified labor. Energy companies are scrambling to meet ambitious installation schedules but are hampered by the lack of a sufficient workforce. Amidst
In a landmark development for Germany's renewable energy sector, energy giant RWE has secured a significant majority stake in the latest offshore wind tender. This tender, which offered a total of 5.5GW of new wind capacity, saw RWE-backed companies Offshore Wind Four and Offshore Wind Two
The Department of Energy (DOE) has unveiled a comprehensive report that recommends strategic measures to fortify the U.S. hydropower supply chain. This initiative is aligned with the national goal of achieving a carbon-free electricity grid by 2035. Hydropower is particularly significant as it
The energy sector is undergoing a profound transformation, driven by the urgent need to address climate change through sustainable solutions. One of the latest and most promising developments in this field is the formation of Infrabee, a new joint venture between Boultbee Brooks, a real estate
In the context of global climate targets, renewable energy has taken center stage. The United Nations Climate Change Conferences (COP) have been a primary platform for these discussions. At COP28 in Dubai, an ambitious aim was set to triple global renewable energy capacities from 2022 to 2030.
