Energy quick reads

** Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid. Moments before midnight on Tuesday, a single turbine near Martha’s Vineyard delivered 5 megawatts of renewable energy to the New England grid, developers said.

** APA Corp. agreed to acquire Permian Basin shale explorer Callon Petroleum Co. for $2.6 billion, the latest in a wave of deals reshaping the US oil landscape.

** Shell Plc is joining rival BP Plc in escalating a feud with Venture Global LNG Inc., asking US energy regulators to intervene in their dispute with the natural gas exporter.

** Duke Energy DUK announced that its subsidiary, Duke Energy Florida, received approval from the Florida Public Service Commission (“FPSC”) to lower rates.

** First Solar, the biggest U.S.-based manufacturer of solar panels, has entered into two deals to sell up to $700 million worth of tax credits, just a week after the U.S. Treasury and IRS officially defined the scope of the incentives available to domestic renewable energy equipment manufacturers.

** A pair of US solar manufacturers challenged the Biden administration’s moratorium blocking tariffs on some panels imported from Southeast Asia through early June, opening a new risk for a sector already grappling with supply-chain obstacles.


** Spain generated more than half of its electricity from renewable sources such as wind and solar power in 2023 in a “historic” record, the national power grid said Thursday.

** Carbon dioxide emissions in Germany, Europe’s biggest economy, dropped to their lowest level in seven decades as the use of coal declined unexpectedly sharply in 2023 and economic pressures weighed down production by energy-intensive industry, according to a study released Thursday.

** China has regained the title of world’s biggest buyer of liquefied natural gas, as a further rebound in deliveries threatens to tighten supply of the heating and power plant fuel.

** French industrial gas manufacturer Air Liquide is pressing Mexico for answers after the government took over operations at a hydrogen processing plant last week in Hidalgo state.