Wind power

Final GOP bill kneecaps renewables and hydrogen, but lifts nuclear and geothermal

Climate /

Republican legislators Thursday passed a reconciliation act that, among other things, unwinds much of the Inflation Reduction Act. The bill, which passed 218-214 with two Republicans voting no, now awaits President Donald Trump’s signature. Trump is expected to sign it. Solar, wind, and clean hydrogen will all lose incentives under the new bill, while nuclear […]

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Meta buys over 1 GW of renewables to power its data centers

Climate /

Meta bolstered its already considerable renewable power portfolio this week with a string of deals that added over 1 gigawatt of generating capacity. The social media company announced Thursday it will buy 791 megawatts of solar and wind power in Ohio, Arkansas, and Texas from project developer Invenergy. And on Wednesday, Meta said it would

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Bill Gates-backed AirLoom begins building its first power plant

Climate /

Wind power has run into some headwinds, and not the kind that spin its turbines.  Recently, President Trump has decided to wage war against the technology, an unwelcome bit of friction that coincides with rising costs in recent years. Onshore wind power went for $61 per megawatt-hour last year, according to Lazard, bucking a decade-long

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Senate GOP bill spares nuclear and geothermal energy while hammering wind and solar

Climate /

One month after the House passed its version of a reconciliation bill, Senate Republicans released their take on the budget bill Monday night. The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act (IRA) while sparing others.  Solar, wind, and hydrogen bear the brunt of the impact.

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Amazon continues renewable energy spree with 476 MW purchase

Enterprise /

Renewables notched another win as Amazon signed contracts to buy 476 megawatts of wind and solar on the Iberian Peninsula.  The power purchase agreements with multinational utility Iberdrola should help Amazon feed new data centers it has planned in the region. Last May, the company said it would invest $17 billion in infrastructure projects, including

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Amazon bought more renewable power last year than any other company

Enterprise /

Amazon bought renewable power at a rapid clip last year, adding around 100 new projects and bumping its portfolio to over 33 gigawatts of generating capacity. That’s over 10 gigawatts more than its nearest competitor, Apple. The additions made Amazon the largest corporate purchaser of renewable power, according to BloombergNEF. The company’s total portfolio is

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Google kicks off $20B renewable energy building spree to power AI

Enterprise /

Nuclear power may have received the lion’s share of attention from energy hungry tech companies over the past few months, with Google among them. But it appears that those new reactors won’t be enough for their AI ambitions: Google is now working with partners to build gigawatts of renewable power, battery storage, and grid upgrades

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Bill Gates-backed wind startup AirLoom is raising $12M, filings reveal

Fundraising /

It started with a drawing on a napkin. Now AirLoom Energy is raising $12.7 million in fresh funding, TechCrunch has learned. The funding came from 21 investors, according to a regulatory filing that does not list the names of the backers. The company did not immediately respond to a request for comment. The Wyoming-based startup

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