US Federal Ruling Allows All Five Halted Offshore Wind Projects to Resume Construction
A federal ruling has cleared a wind project off New York state’s coast to continue, enabling all five offshore wind projects previously halted by the Trump administration in December to resume construction.[1] Ørsted reported spending $7bn on the development, which is 45% complete.[1]
Renewables Forecast to Overtake Coal as Largest Global Power Source in 2026
Generation from renewable sources is projected to reach 11,900 TWh in 2026, surpassing coal as the dominant source of power supply worldwide.[5] This milestone occurs despite a slowdown in renewable capacity growth from 703 GW in 2025 to 650 GW in 2026, driven by policy changes in China.[5]
Battery Energy Storage Capacity to Grow 50% to 363 GW in 2026
Battery energy storage systems (BESS) operational capacity is expected to expand from 241 GW in 2025 to 363 GW by the end of 2026, adding 122 GW amid declining costs.[5] Utility-scale lithium-ion system costs have dropped to $150 per kWh in China and $200 per kWh in Europe, supporting rapid deployment to complement variable renewables.[5]
German Government Plans to Limit Grid Priority for Renewables
Media reports indicate the German government is planning to reduce the priority access to the grid for renewable energy sources.[3] This regulatory change could impact grid infrastructure management and renewable integration.[3]
India’s 2026 Budget Allocates $2.2bn for Carbon Capture and Renewables Support
India’s 2026 budget includes $2.2bn in new funding for carbon capture technologies alongside support for renewables and critical minerals mining.[1] These measures aim to bolster clean energy infrastructure and resource processing.