Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments
In three-year delay, companies cite “changing market conditions and subsequent high cost inflation” for drilling project after FEED contract award in April to engineers KBR and Hatch.
The U.S. Energy Dept. updates its strategy to cut emissions with clean hydrogen, but the Treasury Dept. won't propose until summer rules on how emissions from its production are counted when awarding critical project tax incentives outlined in the 2022 climate law.
A 35-person Spanish technology developer joins European competition in the rapidly emerging global market for floating offshore wind energy turbine platforms.
Chief of the Federal Permitting Improvement Steering Council, with a track record in public procurement and private development, shares insight on how agency guides the government's behind the scenes push to expedite project approvals.
Chris Ashton, CEO of Australia-based engineer-builder, sees growth in 'sustainability projects' in sale of North America maintainance unit gained from Jacobs, but firm also posts traditional oil and gas project wins from major players.
But Biden, legislators punt on broad transmission expansion in deadline-pushed debt ceiling compromise bill that is set for House and Senate votes this week.
U.S. Energy Dept. did not detail why it withdrew its conditional loan to Texas-based Microvast made last year for a $500M plant in Kentucky, but the firm's founder disputes Congressional allegations of alleged ties to the Chinese government voiced in letters to the agency since last year.
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