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US agency deals crushing blow to multi-billion-dollar project over decade in making: ‘This is bizarre’

The future of a transmission project intended to boost grid reliability and stabilize energy prices is now uncertain On July 23, the U.S. Department of Energy announced that it has canceled a $4.9 billion federal loan guarantee for the Grain Belt Express. What’s happening? As Canary Media detailed, the Grain Belt Express transmission line would…

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China is Building 74% of Global Solar and Wind

China is Building 74% of Global Solar and Wind

Today’s ESG Updates China Leads Global Effort in Renewable Energy Buildout: The country is advancing nearly 1.3 TW of utility-scale solar and wind capacity. Masdar and Iberdrola Invest €5.2B in UK Offshore Wind: Global banks back 1.4 GW of UK offshore wind expansion. Indonesia Urges Further Delay of EU Deforestation Law: The already delayed EU…

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