## Key Energy Sector News for June 1, 2025
**Global Renewable Generation to Surpass Coal in 2025**
The International Energy Agency (IEA) projects that, for the first time, electricity generated from renewables will overtake coal globally in 2025. This milestone is driven by rapid growth in wind and solar capacity, with new policies in China, the EU, and other major economies expected to further accelerate renewable adoption throughout the year[8].
**U.S. Power Grid to See Record-High Solar and Storage Additions**
The U.S. is set to add 63 GW of new utility-scale generating capacity in 2025, a nearly 30% increase over 2024. Of these additions, 81% will come from solar and battery storage, with Texas and California leading in new installations. This surge reflects continued momentum in the transition to cleaner energy sources[6].
**$14 Billion in Clean Energy Projects Canceled Amid Policy Uncertainty**
More than $14 billion worth of clean energy projects in the U.S. have been canceled or delayed in 2025, largely due to uncertainty over potential changes to renewable energy tax credits from pending federal legislation. This underscores the significant impact that regulatory and policy shifts can have on energy sector investment and project timelines[4].
**Clean Energy Manufacturing Expands, but Wind Lags**
Battery and solar manufacturing in the U.S. have experienced robust investment and capacity growth since the Inflation Reduction Act, with domestic battery production now exceeding deployment. However, wind energy manufacturing is lagging, with fewer new projects and limited expansion in capacity, highlighting uneven progress across renewable sectors[3].
**Major Renewable Projects Coming Online Worldwide**
Noteworthy renewable energy projects launching in 2025 include large floating solar arrays in the Philippines and a 520 MW solar park in Australia, contributing to an expected 23 GW of new clean energy capacity in the Asia-Pacific region. These projects demonstrate continued global investment and innovation in renewables, even amid policy uncertainties in some markets[5].
**Energy Storage Capacity Reaches New Highs**
The U.S. installed a record 10.4 GW of new utility-scale energy storage in 2024, a 51% increase over the previous year, and this growth trend is expected to continue in 2025. Grid-scale storage is becoming an increasingly vital component of power system modernization and renewable integration[7].
**Dramatic Load Growth Driven by AI and Cleantech**
Rapid expansion of data centers for AI and cleantech manufacturing is driving significant new demand on the power grid, with estimates suggesting data centers alone could add over 44 GW of demand by 2030. This is pushing utilities and developers to accelerate renewable and clean energy generation to meet rising needs and decarbonization goals[2].