Rally for Renewable Energy Advocacy
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In the world of energy, there's been a flurry of activity recently. Here's a roundup of some of the latest developments:
Funding Boost for Clean Energy
Copper, a startup specialising in battery-powered induction stoves and appliances, has secured a significant investment of $28 million from venture capitalists. This funding will help scale up production and further develop their product line. (Axios)
Clean Energy Siting Bills: A Mixed Bag
Lawmakers in nearly every state have introduced bills related to clean energy siting this year. However, only about half of these proposals aim to promote development, with the other half looking to restrict it. So far, just 39 of the more than 300 proposals have passed. (Latitude Media)
Electric Truck Charging Corridors Proposed
Greenlane, a joint venture between Daimler, NextEra, and BlackRock, has proposed a second electric long-haul truck charging corridor. This one would run between southern California and Phoenix. (Utility Dive)
Michigan's Nuclear Plant Back in Operation
After three years of decommissioning, Michigan's Palisades nuclear plant has regained its operating status, allowing it to accept fuel again. (Michigan Public)
Solar Energy Sector Struggles
The rollback of federal tax incentives for renewable energy, initiated under the Trump administration, has impacted several companies in the solar energy sector, causing financial strain. However, the specific companies affected were not explicitly named in the search results. (WHYY)
Solar Funding Freeze
More than $1.2 billion in federal Solar for All funding, allocated for Midwest and Great Plains states, has been frozen by the Trump administration. This could jeopardise efforts to jumpstart the solar industry in some low-solar-adoption states. (Harvest Public Media)
Texas Solar and Wind Companies Worry Over Cost Shifts
Texas solar and wind companies are concerned that consumers may end up footing the bill as Republicans roll back federal tax credits for renewables amid an unprecedented surge in power demand. (Houston Chronicle)
Geothermal Lease Auction Brings in $2.75 Million
A federal Bureau of Land Management geothermal lease auction brought in about $2.75 million for California parcels, indicating renewed interest in the technology. (Los Angeles Times)
Two Approved, Many Pulled: Gas-Fired Power Plants in Texas
In the two years since Texas lawmakers created a $7.2 billion state fund to jump-start the construction of more gas-fired power plants, officials have approved only two proposals totaling just $321 million. Developers have pulled other proposals over supply chain issues and profitability concerns. (Texas Tribune)
Federal Regulators Approve Nuclear Plant Restart
Federal regulators have approved a waiver that will allow the shuttered Duane Arnold nuclear plant in Iowa to restart by the end of 2029. (Utility Dive)
Union Vote at Ford and SK On's Battery Factory
Workers at Ford Motor and SK On's joint BlueOval EV battery factory in Kentucky are voting on whether to join the United Auto Workers. The votes will be counted tonight, amid disputes over safety conditions and allegations of a "scorched-earth anti-union campaign". (Kentucky Lantern)
Supercomputing Facility Promotion Despite Pollution Concerns
The Greater Memphis Chamber of Commerce is pushing to promote Elon Musk's xAI and its development of a supercomputing facility in Memphis, Tennessee, despite its use of dozens of polluting gas turbines. (MLK50: Justice Through Journalism)
Net-Zero Banking Alliance Pauses Work
The Net-Zero Banking Alliance, a partnership aimed at helping banks align their lending practices with climate goals, has paused work and is considering changing its structure after a wave of banks and investment firms left the partnership. (Axios)
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