In a bold move that underscores the Biden administration’s commitment to clean energy and infrastructure modernization, the Department of Energy (DOE) has unveiled conditional loan commitments totaling $22.92 billion for eight utility companies acros
Biden Administration Commits $22.92 Billion to Clean Energy Projects Read More »
The new analysis from Baringa has sent ripples through the Irish energy sector, revealing that wind and solar farms have collectively saved electricity customers a staggering €840 million since 2000. This figure is no small potatoes; it underscores t
Irish Renewables Save Consumers €840 Million Since 2000, Report Finds Read More »
The UK government has just dropped a bombshell in the energy sector with its announcement of a staggering £410 million investment aimed at turbocharging the development of fusion energy. This move is part of the broader “Plan for Change,” a strategy
UK Government Unveils £410 Million Fusion Energy Investment Plan Read More »
The Climate Investment Funds (CIF) has just made waves in the financial world with the launch of its Climate Capital Markets Mechanism (CCMM), which aims to bridge the notorious financing gap hampering energy transitions. With a hefty inaugural bond
CIF Launches $500M Bond to Bridge Climate Financing Gap, Attracts $3B Read More »
In an exciting development for the energy sector, a Florida-based battery energy storage provider is teaming up with Idaho’s largest electric utility to create a groundbreaking 200-MW/800-MWh battery energy storage system (BESS). Prevalon Energy, a j
Idaho Power and Prevalon Energy Launch Major 200-MW Battery Storage Project Read More »
For years, the U.S. electricity demand has been as flat as a pancake, but that’s changing—and fast. The recent surge in artificial intelligence (AI) development is flipping the script, driving a newfound appetite for power that utility companies are
Surging AI Demand Sparks Electricity Boom: A Golden Opportunity for Investors Read More »
Masdar’s recent announcement marks a seismic shift in the renewable energy landscape, showcasing an impressive leap in capacity from 20GW in 2022 to a staggering 51GW by the end of 2024. This 150% increase not only solidifies Masdar’s position as a g
Masdar’s Capacity Soars to 51GW, Aiming for 100GW by 2030 Read More »
Europe’s energy transition is surging ahead, fueled by a fervent commitment to decarbonisation, strategic autonomy, and economic sustainability. Yet, paradoxically, this very success could stall the transition itself. The existing electricity grid, o
Europe’s Energy Transition Faces Grid Challenges Amid Renewables Surge Read More »
The recent announcement of a $101 million investment by the Department of Energy (DOE) marks a pivotal moment in the quest for effective carbon management technologies. This funding will establish test facilities aimed at advancing carbon capture, co
DOE Invests $101 Million to Advance Carbon Management Technologies Read More »
The University of Manchester is stepping up to the plate with a groundbreaking £5.5 million project aimed at revolutionizing cable technology for offshore wind energy. This initiative, backed by Horizon Europe, isn’t just a drop in the bucket; it’s a
University of Manchester Launches £5.5M Project to Transform Offshore Wind Cables Read More »
