The Biden Administration has designated nearly 700,000 acres in the Gulf of Mexico for auction for offshore wind development, reports the Houston Chronicle.  “These two wind energy areas represent exciting progress toward having the first offshore wind lease sale in the Gulf of Mexico, where there is a mature industry base and the know how to advance…

Investor interest in renewable energy has grown sharply over the last decade, with energy firms and producers viewing the industry as a low-risk, high-reward way to diversify their portfolios and maximize profits in a swiftly changing energy world, reports PowerMag. These investors include major oil and gas companies like Shell, Chevron and Exxon Mobil, showing that…

The Department of Energy will soon begin accepting applications from states seeking part of $250 million in funding allocated for energy efficiency upgrades, reports The Hill. The funding, which will support energy efficient upgrades for commercial and residential buildings, is part of a recent effort to lower energy use and costs.  The decreasing costs associated with…