January 2, 2024 Issue

January 2, 2024 issue
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EDITORIAL: Hydrogen is only part of the solution

Delaware Business Times Editor Jacob Owens discusses the hurdles ahead of the growth of green hydrogen as a renewable energy source.

How Delaware will spend $1 billion in ARPA funds

Delaware got more than $1 billion from the American Rescue Plan Act, ranking among the largest stimuluses ever received.

Offshore faces uncertain winds as Ørsted’s stumbles

The news that Ørsted canceled its offshore wind projects off New Jersey’s coast has sent shockwaves throughout the renewable energy sector, and the Danish company is still considering the future of its planned wind farm off the coast of Maryland and Delaware.

What are business leaders looking for in 2024?

Lobbyists representing major causes, associations and businesses spoke about government spending, clean energy, government regulations, housing, business climate, and workforce development.
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House, Senate leaders look ahead to 2024

House Speaker Valerie Longhurst and Senate Pro Tem David Sokola discuss the top concerns in 2024 are the budget, housing and healthcare.

Diver Chevrolet president dies at 63

Richard “Rich” Diver, the third-generation leader of Diver Chevrolet, one of the largest auto dealerships in the region, died Nov. 15.

Carney opens negotiations for U.S. Wind transmission lines

Gov. John Carney has directed state officials to negotiate with U.S. Wind on bringing its transmission lines to the First State in exchange for renewable energy credits and community funding.

Versogen reaches membrane production milestone

Versogen, a startup firm that is working on the production of clean hydrogen, recently achieved a significant production milestone.
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Delaware pitches hydrogen future at MACH2 summit

Hundreds of public officials and industry leaders gathered Monday to highlight Delaware’s strengths in future clean hydrogen production.

Panel sets Delaware FY25 budget limit at $6.4B

Analysts set Delaware’s spending limit at just over $6.4 billion for FY 2025, a roughly 3.3% decrease over this fiscal year’s appropriations.

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