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India added 518 MW of solar open access in the first quarter (Q1) of the calendar year 2023, marking a remarkable increase of more than 68% compared to the 308 MW...
The AES Corporation (AES), a U.S.-based utility and power generation company, has acquired ownership of the Bellefield solar-plus-storage project with a capacity of 2 GW...
The demand for clean hydrogen (H2) is set to grow by 10 million metric tons (MMT) annually by the end of the decade in the United States, while it will rise to 20 MMT...
Global renewable capacity additions are set to soar by an unprecedented 107 GW to over 440 GW in 2023. This growth is driven by expanding policy support, concerns over...
LG Energy Solution (LGES) and Hyundai Motor Group have announced a joint venture to manufacture electric vehicle (EV) battery cells in the United States. The partnership...
Denmark-based renewable energy developer Ørsted has inked a $625 million deal to buy out Eversource Energy’s 50% stake in a federal offshore wind lease area they...
China’s solar exports surged by 64% to $52 billion in 2022, on the back of low-cost supply and technological expertise, despite global trade tensions, according to a...
The current global project pipeline for solar energy is capable of accommodating the deployment needs by 2030 if the utilization rates increase to 85% on average, under...
Suntuity Renewables, a U.S.-based residential solar company, has reached a $190 million business combination deal with Beard Energy Transition Acquisition Corp., a...
The U.S. Department of Agriculture (USDA) announced nearly $11 billion in funding to help bring affordable renewable energy to rural communities nationwide. One of the...
United States President Joe Biden has vetoed a resolution that would halt a Commerce Department rule temporarily suspending tariffs on solar modules imported from...
Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...
The capacity of coal-fired power plants in the United States could reduce by ~88% from the 2022 levels by 2050, as environmental regulations raise costs and new plants...
Telecommunications company Verizon Communications has announced its fifth green bond offering for $1 billion, with the net proceeds directed toward renewable energy...
U.S.-based energy firm NextEra Energy announced that it would focus solely on growing its renewable energy portfolio and sell off its STX Midstream and Meade natural gas...
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