GOLDEN CRESCENT AND 1000 ISLAND NEWS

  One of the largest renewable energy developers has filed for bankruptcy, and it's blaming President Trump and his administration for the situation. North Carolina-based Pine Gate Renewables filed for Chapter 11 bankruptcy protection in Texas on November 6, 2025. Despite serving 38 states with commercial and utility solar power, Pine Gate struggles with liquidity issues, and Trump administration's anti-clean energy position has driven the company into bankruptcy.   " Legislative and regulatory challenges have significantly slowed solar power development,"  the company said in a statement to the court, via TheStreet. The narrow passage of Trump's "One Big Beautiful Bill Act" has impacted everything from the "senior deduction" for those eligible, to Social Security benefits still being taxed, to cuts to SNAP benefits in Oregon and other states.   Pine Gate's court statement highlighted how the Big Beautiful Bill's slashing of tax credits...

  Many in the West gaze in awe at China’s apparent dominance in green energy—churning out enough solar panels, wind turbines, electric vehicles and batteries to flood global markets. It’s true that Beijing has pulled off a tremendous feat that should have the West scrambling to alter its energy policy, but   the image of China as a renewable superpower is mostly propaganda . In reality, the country has dramatically scaled up energy use across the board—buoying “green” manufacturing with coal expansion—and grown rich in the process. Headline numbers on green energy can be deceptive. China supplied 39% of the $2 trillion that the world invested in green energy last year. The U.S. and European Union combined supplied 34%. But raw spending doesn’t indicate investment quality. The eco side of Chinese industry resembles the next iteration of its recent property boom and bust, in which Beijing funneled too much capital into construction until the current crisis began around 2021. Sin...

  A new state office creates a one-stop shop tor renewable energy developers to get necessary approvals but frequently preempts local laws in the process. There has been a surge in solar projects across New York, often dividing families and communities.    By  Ezra Bitterman ,   Staff Writer   Sunday   Nov 9, 2025 OAKFIELD — For much of this past summer, the piercing clangs of metal on metal penetrated the bucolic farm country surrounding Donna Harris' 30-acre hay farm nestled in the heart of Genesee County. The noise from the massive solar project was largely the result of stee l  beams being driven into the earth to hold up the thousands of panels that will convert sunlight into energy. For Harris, whose residence is part of the farm, the jarring work will forever change the viewshed of her property that sits about 40 miles west of Rochester. “My horses can’t take this,” Harris recalled telling the developer at one point...

  ALBANY — New York has approved permits for a controversial pipeline that would transport natural gas from Pennsylvania through New Jersey and to an offshore transfer point near Queens, where it would increase fuel supplies for New York City and on Long Island.   The project has pitted environmental advocates against Gov. Kathy Hochul, who was recently criticized publicly by President Donald J. Trump for the state’s delay in approving the project.   Hochul said in a statement Friday that the pipeline met the state’s environmental standards after a rigorous review and would protect the supply of power downstate at a time when demand is expected to increase. The gas it carries will flow to households and power plants.   “As governor, a top priority is making sure the lights and heat stay on for all New Yorkers as we face potential energy shortages downstate as soon as next summer,” Hochul said. “We need to govern in reality.”   New York will maintain an...

  July’s One Big Beautiful Bill Act (OBBBA) delivered upheaval to renewable energy tax credits, narrowing phaseout dates and adding layers of complexity to pending transactions at the federal level. Some states have taken action to aid and encourage clean energy development in their states. For wind and solar energy facilities to qualify for the tech-neutral Internal Revenue Code Section 45Y production tax credit (PTC) and Section 48E investment tax credit (ITC),  construction must begin by July 4, 2026, or they must be placed in service no later than Dec. 31, 2027 . For facilities that begin construction or place in service by the deadline, they can claim 100% of the credit until 2033. The states that stood to lose the most from the repeal of the Inflation Reduction Act included Texas, Florida, Indiana, South Carolina and Illinois, according to June analysis by Cleanview Newsletter, a blog by a software platform that tracks clean energy data. Julia Dinkel, associate director ...

  The European renewable energy sector is navigating robust headwinds   as it shifts from an era of government-backed subsidies   to a more complex and mature market, according to experts.   Industry leaders outlined the extent of the challenges confronting the continent’s clean energy market in interviews with Infrastructure Investor and at the BloombergNEF Summit in London last month.   Mario Schirru, chief executive at Encavis, noted during a BloombergNEF panel that the European renewable energy sector is undergoing a significant shift.   “We come out of a world in which whatever got permitted was built,   ” he said. “But actually, not all the projects that get permitted are economically viable.”   Alexandra von Bernstorff, managing partner at Luxcara, explained that the sector was undergoing a market shift.   “The European energy transition sector is in a bit of a transition period, which makes it a bit more difficult, after some very eas...