Global Renewables Overtake Coal in Electricity Generation
For the first time ever, renewable energy sources have surpassed coal in the global electricity mix, driven by a one-third increase in solar generation and a 7% rise in wind power during the first half of 2025. Renewables met 83% of the global increase in electricity demand, marking a critical milestone for the energy transition [3] [1].
Global Renewable Energy Investment Hits Record $386 Billion
Despite political challenges, global investment in renewable energy reached an unprecedented $386 billion in the first half of 2025, highlighting strong momentum in the clean energy sector. This surge reflects growing business commitment, with 82% of companies reporting economic benefits from climate action initiatives [1].
Terrawatt Begins Construction of First Photovoltaic Project in Italy
Terrawatt, a Rome-based renewable energy startup, has started construction on its first photovoltaic project in Monte San Vito, Italy, with operations expected to begin in the second quarter of 2026. The initial plant will provide just under 1 MWp of solar capacity, preventing an estimated 540 tonnes of CO₂ emissions annually and serving as a cornerstone for Terrawatt’s 250 MW pipeline across Italy [2].
Industrial Decarbonization Accelerates with ‘Build Clean Now’ Campaign
The ‘Build Clean Now’ campaign, launched at Climate Week in New York, aims to unlock a $1.6 trillion opportunity in clean industrial technologies, with over 70 projects already announced and more than 700 in development. Major tech companies like Microsoft, Amazon, and Meta are leading the shift by procuring green steel and low-carbon concrete to decarbonize their operations and supply chains [1].