Low-Carbon Power Set to Overtake Fossil Fuels for the First Time
For the first time, global electricity generation from low-carbon sources—including renewables and nuclear—is projected to surpass that from fossil fuels. This milestone reflects accelerating investments in wind, solar, and other clean energy technologies, signaling a potential turning point in the world’s energy transition [1].
U.S. Scales Back, but Extends, Key Renewable Energy Tax Provisions
On July 4, 2025, the U.S. enacted the One Big, Beautiful Bill Act, which reduces but extends certain renewable energy tax credits. Solar and wind projects now face a December 31, 2027 placed-in-service deadline unless they begin construction before July 4, 2026, while other clean energy technologies and storage can still qualify for incentives if started by the end of 2033, though some new restrictions on foreign equipment and project eligibility apply [2][4].
New Department of Interior Review May Slow U.S. Wind and Solar Permitting
A memorandum issued July 15, 2025 by the Department of Interior requires 69 categories of wind and solar project permitting activities to undergo final review by the Secretary, a process previously handled at local or regional levels. This change is expected to create significant uncertainty and delays for developers seeking federal permits, reflecting broader federal efforts to increase scrutiny of renewable projects on public lands [6].
Long Duration Energy Storage Deemed Critical to Renewable Integration
Industry leaders at London Climate Action Week emphasized that long duration energy storage (LDES) is essential for integrating high levels of renewable energy, providing flexibility needed for grid resilience. Scaling up LDES technologies will help manage renewables’ intermittency, lower system costs, and accelerate the global transition to a decarbonized power sector [5].
Iraq Launches Region’s First Fully Solar-Powered Village
The Kulak Solar Village, completed in May 2025, marks Iraq’s first entirely off-grid, solar-powered community, integrating renewable energy with sustainable agriculture. The project serves as a model for future developments in Kurdistan and central Iraq, showcasing the potential for clean energy to support rural transformation and resilience [3].
GE Vernova to Supply Wind Turbines for Major Spanish Project
GE Vernova has signed an agreement to supply eight 6.1-MW wind turbines for a 49-MW wind project in Aragón, Spain, as part of ongoing efforts to help Spain meet its goal of installing 62 GW of wind capacity by 2030. The project underlines Spain’s commitment