Company building Iberia Parish solar panel factory sells $700M in tax credits
A major American solar manufacturer is selling $700 million worth of tax credits the company earned under the Biden administration’s Inflation Reduction Act, or IRA,...
Two U.S. offshore wind farms now sending electricity to the grid
For the first time in the U.S., turbines are sending electricity to the grid from the sites of two large offshore wind farms. The...
New GPS life vest law protects offshore workers traveling to Gulf rigs
A new state law mandating that workers flying to Gulf of Mexico oil rigs wear life jackets with personal locator beacons went into effect...
Wind, solar and battery industries grew this year despite economic challenges
Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn...
Louisiana offshore wind supply chain database highlights industry’s readiness
Global offshore wind company RWE and regional business booster Greater New Orleans Inc. have released the findings of a one-year collaboration to accelerate the...
This EV battery chemical plant could get an $80M tax break
The Louisiana Board of Commerce and Industry last week approved an $80 million tax break for a Japanese company that promises to create nine...
How much will the state get from its first offshore wind agreements?
Louisiana’s Mineral and Energy Board approved the state’s first wind operating agreements in state offshore waters at its December meeting today, according to an...
Solar industry braces for slower growth in 2024
After a record-setting year, solar industry growth is expected to slow next year Reuters reports.
The U.S. is expected to add a record 33 gigawatts of production...
Louisiana, Texas projects highlight differing views on carbon removal
In Texas, oil and gas producer Occidental Petroleum is constructing a giant facility to suck 500,000 metric tons of carbon dioxide out of the...
Ascension Parish eyed for potential $350M manufacturing facility
A Chinese-owned producer of materials for rechargeable batteries is considering building a $350 million manufacturing plant in Ascension Parish, state and company officials announced...
