Bloomberg Natural gas prices fell as the European Union started outlining details of its intervention into an unprecedented energy crisis, including a proposal for targets to reduce electricity demand. Power prices also slumped. Benchmark gas futures declined as much as 9.3% to the lowest in a month. Still, prices remain almost eight times higher than normal for the time ...

  Bloomberg Longi Green Energy Technology Co, the world’s biggest solar technology manufacturer, will send panels into space as the first step in plans to test the feasibility of harnessing the sun’s power in orbit and transmitting it back to Earth. The Xi’an-based clean energy giant, which has helped China dominate the solar industry and drive down costs, will also ...

  Bloomberg The Biden administration set a new goal for deploying floating wind turbines in deep waters off US coasts and unveiled nearly $50 million in initiatives designed to propel the nascent technology. The effort is aimed at positioning the US to be a world leader in selling and using floating wind turbines that can generate electricity in deep waters ...