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Wall Street dips as GOP spending bill shakes markets
Bond yields rise and markets slip after Republicans pass a multitrillion-dollar spending bill, rattling Wall Street and solar energy stocks.
Trump lifts Empire Wind pause, offshore project resumes
Empire Wind project off Long Island resumes after Trump lifts pause, saving 1,500 jobs and advancing New York’s clean energy and offshore wind goals.
States sue Trump administration for blocking the development of wind energy
17 states sue Trump for halting wind energy projects, claiming his executive order is unlawful and harms clean energy, jobs, and climate progress.
Virginia inland ports expand to meet shipping demand
Virginia Inland Port and Richmond Marine Terminal upgrade facilities to handle growing cargo volumes and improve freight shipping efficiency statewide.
Trump administration cancels clean energy grants as it prioritizes fossil fuels
President Donald Trump‘s administration is terminating grants for two clean energy projects and roughly 300 others funded by the Department of Energy are in jeopardy as the president prioritizes fossil fuels. The DOE is canceling two awards to a nonprofit climate think tank, RMI in Colorado, according to a document from the agency confirming the […]
Big tech company to buy power from Va.’s first onshore wind farm
Even as political winds shift in Washington, D.C., a long-delayed onshore wind farm in Botetourt County might finally be sailing to completion. Charlottesville-based Apex Clean Energy announced Wednesday that it has reached a deal for Google to purchase the full capacity of Rocky Forge Wind, a wind farm the Charlottesville company has been working to […]
As data centers grow, Amazon and Dominion explore small nuclear reactors
With power consumption by data centers and AI projected to more than quadruple in Virginia in the next 15 years, Amazon.com and Dominion Energy Virginia have entered into an agreement to explore potential development of small modular nuclear reactors at North Anna Power Plant in Louisa County, the two companies announced at an event Wednesday […]
Dominion files energy plan that includes more wind, nuclear
Dominion Energy Virginia filed its 2024 Integrated Resource Plan on Tuesday with the Virginia State Corporation Commission and the North Carolina Utilities Commission, setting out its long-term plans for energy generation over the next 15 years. The report calls for more offshore wind and solar energy development, as well as small modular nuclear reactors starting […]
Broadband, renewable energy focuses for rural development, USDA administrator says
Rural communities can improve their economy and quality of life, Andrew Berke, administrator for the U.S. Department of Agriculture’s Rural Utilities Service, stressed during the opening of the fifth annual Investing in Rural America conference, held Tuesday at the Hotel Roanoke & Conference Center. The Federal Reserve Bank of Richmond hosts the two-day Investing in […]
Gas exchange
Alternative fuels such as hydrogen and compressed natural gas are attracting interest from trucking companies as the federal government prepares to reduce emissions limits by 2027. The Environmental Protection Agency’s new rules on heavy-duty diesel engine standards starting with 2027 models includes stricter standards aimed at lowering air pollutant emissions. “As these emissions standard[...]
Clean energy development could draw $8.5B in investments
Wise County and neighboring localities may become home to a massive clean energy development that could attract up to $8.25 billion in capital investments, Gov. Glenn Youngkin announced Nov. 1. An agreement between Wise County, the Energy DELTA Lab and Dallas-based Fortune 100 energy company Energy Transfer aims to develop 65,000 acres of former coal […]
Va. could get $100M+ lithium-ion battery project
A $100 million-plus lithium-ion battery project could be coming to Virginia, the U.S. Department of Energy announced Monday, but a spokesperson for U.S. Sen. Mark Warner said North Carolina could also be in contention. MP Assets will build a facility to manufacture separators for lithium-ion batteries, bringing 282 permanent jobs and at least a $100 […]
