** The U.S. Department of the Interior, through the U.S. Geological Survey, today released the draft 2025 List of Critical Minerals and a report that outlines a new model for assessing how potential supply chain disruptions could affect the U.S. economy. The draft list will guide federal strategy, investment, and permitting decisions designed to secure the minerals needed to drive the U.S. economy and protect national security.
** Enterprise Products Partners L.P. announced that an affiliate of Enterprise has closed its acquisition of a natural gas gathering affiliate of Occidental in a debt-free transaction for $580 million in cash consideration. The acquired assets include certain natural gas gathering systems in the Midland Basin, as well as approximately 200 miles of natural gas gathering pipelines that support Occidental’s production activities in the Midland Basin.
** The U.S. Department of the Treasury released guidance late Friday altering the criteria that most wind and solar projects must use to show they commenced construction before the deadline to qualify for the 45Y and 48E tax credits. Previously, developers had to prove that 5% or more of the total cost of the project has been paid.
** The Trump administration halts work on 700-MW Revolution Wind project. Developer Ørsted said the project, located in federal waters about 15 miles off the coast of Rhode Island, is about 80% complete. The company’s shares tumbled to an all-time low following the news.
** The Solar Energy Industries Association urges U.S. Interior Secretary Doug Burgum to rescind new restrictions on clean energy development on federal lands, calling them “discriminatory permitting treatment.”
** Denver International Airport proposes an 18 MW solar installation on 90 acres near the facility.
** One of the biggest solar cell factories in the United States is under construction and set to produce solar cells by the end of 2026. According to Electrek, T1 Energy plans to spend $850 million on its new project, the G2_Austin 5 GW Solar Cell Facility in Milam County, Texas.
World
** Ukraine launched a drone attack on Russia on Sunday, forcing a sharp fall in the capacity of a reactor at one of Russia’s biggest nuclear power plants and sparking a huge blaze at the major Ust-Luga fuel export terminal, Russian officials said.
** A dramatic rise in Ukrainian attacks on Russian oil refineries has sent gasoline prices in Russia to record highs, despite the government banning petrol exports to cope with the crunch. Ukraine is focusing drone attacks on refineries, pumping stations and fuel trains in an effort to hurt the Russian war machine – but also to disrupt daily life in Russia.
** The Cadeler Company in Denmark, Norway announced that it has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4 Offshore Wind Farm in Taiwan. The project will be executed by one of Cadeler’s next-generation M-class wind turbine installation vessels.
** India fears a planned Chinese mega-dam in Tibet will reduce water flows on a major river by up to 85% during the dry season, according to four sources familiar with the matter and a government analysis seen by Reuters, prompting Delhi to fast-track plans for its own dam to mitigate the effects.
