Vestas Secures 390 MW Offshore Wind Order in South Korea
Vestas received a 390 MW order for the Shinan-Ui offshore wind project in South Korea on December 29, 2025.[7] This deal underscores growing offshore wind momentum in Asia amid global renewable expansion.[1]
Wind Leads U.S. Renewable Electricity Growth with Major Solar and Battery Capacity Additions
Wind generated 9.9% of U.S. electricity in the first ten months of 2025, up 1.1% from 2024, outpacing hydropower by 84%.[3] Capacity surged with 24,315 MW of solar, 3,796 MW of wind, and 12,150 MW of battery storage (45% growth).[3]
Record $386 Billion Renewable Energy Investment in First Half of 2025
Global renewable investments hit $386 billion in H1 2025, up 10% year-over-year, with solar at $252 billion and small-scale solar leading despite utility-scale declines.[4] Key markets include Saudi Arabia’s 2.6 GW solar deal, Germany’s wind leadership, and India’s $11.8 billion in hybrid solar-wind-storage auctions.[4]
Solar Investments Reach $554 Billion in 2024, Fueling Clean Energy Momentum
Record $554 billion in solar financing in 2024 represented 69% of total renewables, nearing 1.5°C scenario needs, led by China, Europe, and U.S. despite policy shifts.[1] U.S. funds target solar, wind, and storage for grid upgrades; Europe sees Apple’s 173 MW solar-wind PPA in Italy and Microsoft’s 95.7 MW solar in Spain.[1]
Battery Storage Market Poised to Hit $100 Billion by 2033 Amid Grid Expansion Needs
Global BESS market is forecast to reach nearly $100 billion by 2033, driven by renewable integration, grid flexibility, and incentives.[1] Advancements in LFP cells, AI for grid stability, and blockchai