Energy News Digest – October 6, 2025
Over 90% of Global Electricity to Be Powered by Renewables by 2050: IRENA The International Renewable Energy Agency projects that renewables will supply 91% of global electricity by 2050, with solar PV and wind leading the transformation. This forecast highlights the urgent need for large-scale renewable projects and enhanced grid connectivity to support the ongoing […]
Energy News Digest – October 5, 2025
Department of Energy Cancels $7.5 Billion in Clean Energy Projects The U.S. Department of Energy announced the termination of 321 financial awards supporting 223 projects, resulting in savings of over $7.5 billion. [12] The cancellations primarily affected projects in blue states, marking a significant shift in federal clean energy policy. [8] U.S. Solar Market Faces […]
Energy News Digest – October 4, 2025
U.S. Cancels $1.2 Billion Funding for California Hydrogen Hub The U.S. Department of Energy canceled its $1.2 billion commitment to California’s ARCHES renewable hydrogen hub, disrupting a project expected to leverage over $10 billion in private investment and create more than 200,000 jobs. California officials criticized the move as a setback to clean hydrogen development […]
Energy News Digest – October 3, 2025
Pasadena Expands Clean Energy Portfolio Pasadena Water and Power (PWP) has achieved a significant milestone in its goal to provide 100% carbon-free electricity by 2030. A new wind energy agreement with CalWind Resources, Inc. supports the modernization of a 20-megawatt wind turbine facility in Tehachapi, California, which is expected to deliver approximately 60,000 megawatt hours […]
Energy News Digest – October 2, 2025
Arizona Governor Issues Executive Order to Accelerate Solar Development Arizona Governor Katie Hobbs signed an executive order in September 2025 establishing the state’s commitment to renewable energy growth despite federal policy headwinds, forming a task force to streamline permitting and facilitate large-scale solar expansion to meet surging electricity demand.[3] This move is positioned as a […]
Energy News Digest – October 1, 2025
GCC Countries Face Major Investment Push to Meet 2030 Renewable Energy Targets Gulf Cooperation Council (GCC) countries must invest an estimated $60 billion between 2025 and 2030 to add 102 GW of renewable energy capacity, aiming for an ambitious 2030 target of 165 GW. Despite over $42.5 billion already invested, only 19.3 GW is currently […]
Energy News Digest – September 30, 2025
Global Energy Storage Market Set to Hit $620 Billion in 2025 The global energy storage market is projected to reach $620 billion by 2025, driven by technological innovations and increasing adoption of renewables. Regulatory incentives and evolving frameworks are enabling faster integration of energy storage into electricity markets, especially in regions like California and Texas, […]
Energy News Digest – September 29, 2025
Hitachi Energy and E.ON Announce $700 Million Deal to Modernize Germany’s Power Grid Hitachi Energy has signed a $700 million agreement with E.ON to supply power and distribution transformers for grid expansion and modernization in Germany, supporting the country’s €500 billion infrastructure initiative aimed at energy resilience. The deal is expected to accelerate renewable energy […]
Energy News Digest – September 28, 2025
Renewable Energy to Dominate US Grid Additions in 2025 Renewable energy technologies—including solar, wind, and batteries—are projected to account for 99% of all new electricity grid installations in the United States in 2025, driven by compelling economic advantages over fossil fuels and rapid growth in states like Texas[1]. This marks the largest single-year growth for […]
Energy News Digest – September 27, 2025
Renewables to Make Up 99% of New US Electricity Grid Installations in 2025 Renewable energy technologies—including solar, wind, and batteries—are projected to account for 99% of all new electricity grid installations in the United States this year, marking the fastest growth rate for any energy technology in two decades. This shift is driven by strong […]