Just four years ago, the world’s banks, insurers, and asset managers were pledging to align their operations with the goal of achieving net-zero emissions, in order to mitigate the risks to financial […]
US tax credit cuts threaten over 100 GW of proposed solar, wind
US tax credit cuts from the Republican Congressional budget bill have made more than 320 proposed solar and wind projects no longer economically viable, according to FTI Consulting. From pv magazine USA […]
Republicans Move to Cut U.S. Funding for IEA
A House committee has approved a bill that the U.S. withdraw its funding to the International Energy Agency as the Republican lawmakers consider that the IEA has strayed from its mission to […]
EU solar growth to slide in 2025, first time in over a decade
Despite the slowdown, Europe will still inch past its 2025 instalment target of 400GW. SolarPower Europe said thanks to “years of solar boom”, the bloc should have 402GW of installed capacity by […]
Trump’s big bill is ‘tough but constructive’ for renewables: NextEra
Dive Brief: NextEra Energy is well-positioned to shield its renewable energy projects from early tax credit phase-outs under the One Big Beautiful Bill Act and capture a greater share of the market as […]
America’s Electricity Demand Just Hit Overdrive
Electricity generation in the United States hit a record high in the first half of the year, as power demand is growing with data center expansion. Electricity provided by utilities in the […]
Meta to power Texas data centers with 600MW solar plant
Dive Brief: Meta announced a deal Tuesday to purchase 100% of the power generated by a Texas solar plant owned by energy developer Enbridge to support its data center operations in the […]
New Coal Ash Rules Thrill Utility Companies But Threaten Human Health
The EPA intends to modify the rules and regulations regarding coal ash storage to save utility companies money. The post New Coal Ash Rules Thrill Utility Companies But Threaten Human Health appeared […]
Green Hydrogen Boom Fizzles as Projects Collapse Worldwide
Three weeks ago, U.S. President Donald Trump signed into law the “One Big Beautiful Bill Act" (OBBBA)” that pretty much sounded the death knell for the nascent green hydrogen sector. Whereas OBBBA […]
Global average solar LCOE stood at $0.043/kWh in 2024, says IRENA
The International Renewable Energy Agency’s latest report finds little change in the global average levelized cost of electricity for utility-scale solar plants year-on-year, while the global average total installed cost of utility-scale […]
