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Europe's Green-Energy Push Struggles to Match U.S. Momentum

Solar and other clean-energy initiatives in Europe are being overshadowed as U.S. tax credits draw the focus of investors. Solar and other clean-energy initiatives in Europe are being overshadowed as U.S. tax credits draw the focus of investors. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Soaring Costs Threaten U.S. Offshore-Wind Buildout

Offshore wind developers are facing financial challenges that threaten to derail several East Coast projects critical to reaching the Biden administration’s near-term clean-energy targets.Supply-chain snarls, rising interest rates and inflationary pressures are making projects far more expensive to build. Now, some developers are looking to renegotiate financing agreements to keep their projects under way. The Biden administration has set a target for the U.S. to develop 30 gigawatts of offshore wind power by 2030—enough…