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Articles by Bloomberg

India Bets on Battery Storage Boom to Reduce Solar Power Losses
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India Bets on Battery Storage Boom to Reduce Solar Power Losses

India is counting on increasing investments in battery storage to help abate the mounting curtailments of solar power that the grid is currently unable to absorb. Projects that are not equipped with battery storage are unlikely to find buyers, with almost 42 gigawatts of planned capacity yet to sign offtake contracts, Renewables Secretary Santosh Kumar...

Intel Invests €5 Billion to Expand Irish Hub in AI Chip Race
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Intel Invests €5 Billion to Expand Irish Hub in AI Chip Race

Intel Corp. is spending €5 billion ($5.7 billion) to expand its plant in Ireland, as the chipmaker attempts to regain its manufacturing dominance for the AI boom. The investment will expand capacity at the Leixlip campus on the outskirts of Dublin as part of Intel’s drive to increase output of data center processors, Intel said in...

EU Parliament Votes to Cut ESG Regulations Amid US Pressure
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EU Parliament Votes to Cut ESG Regulations Amid US Pressure

The European Parliament has voted to dramatically wind back the bloc’s ESG rules following intense pressure from US business associations and state attorneys general. The development means that more than 90% of companies originally in scope of environmental, social and governance reporting requirements will no longer need to comply. Other planks of the rulebook that emerged...

NY and NJ Grant Key Permits for Controversial Williams Pipeline
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NY and NJ Grant Key Permits for Controversial Williams Pipeline

New York and New Jersey granted crucial permits for a long-stalled Williams Cos. pipeline project that would bring more natural gas to the New York City area from Pennsylvania. Environmental regulators in both states approved certifications under the federal Clean Water Act for the company’s Northeast Supply Enhancement Project. It would expand an existing system delivering gas...

RFK Jr. Orders CDC to Study Alleged Harms of Offshore Wind Farms
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RFK Jr. Orders CDC to Study Alleged Harms of Offshore Wind Farms

Health and Human Services Secretary Robert F. Kennedy Jr. directed Centers for Disease Control and Prevention staff to probe the potential harms of offshore wind farms, according to people familiar with the matter, as President Donald Trump marshals his administration to thwart the clean energy source he loathes.  In late summer, HHS instructed CDC’s National Institute for...

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