EU Releases New Guidance to Accelerate Renewables and Grid Modernization
The European Commission has issued new guidance to member states aimed at accelerating the deployment of innovative renewable energy technologies, such as ocean energy and floating offshore wind, and expediting the rollout of grid and storage infrastructure. The recommendations support the implementation of the revised Renewable Energy Directive and Electricity Market Design, with the goal of lowering energy bills and fostering a future-proof, clean energy system for Europe[7].
Senate Energy Bill Proposes Phaseouts for Wind and Solar Tax Credits
A new U.S. Senate energy bill proposes the phaseout of key tax credits for wind and solar projects, impacting projects that begin construction after 2025. Projects starting in 2025 still qualify for 100% of the Investment Tax Credit, signaling a significant regulatory shift that could affect the pace and economics of future renewable energy developments[1].
GE Vernova to Supply Wind Turbines for Major Spanish Onshore Project
GE Vernova has signed an agreement to provide eight 6.1-MW wind turbines to Forestalia for a 49-MW wind project in Aragón, Spain. This project supports Spain’s national goal to install 62 GW of wind capacity by 2030 and generate over 80% of its electricity from renewables by decade’s end[4].
Iraq Commissions First Fully Solar-Powered Village
The Rwanga Foundation has completed the Kulak Solar Village, Iraq’s first fully off-grid, solar-powered community, integrating renewable energy with sustainable agriculture. The model aims to be replicated across Kurdistan and central Iraq by 2030 as part of a broader campaign for regional sustainability[4].
NYSERDA Opens 2026 Voluntary Tier 1 REC Pre-Sale for New York Renewables
The New York State Energy Research and Development Authority (NYSERDA) has announced the timeline and eligibility requirements for the 2026 Voluntary Tier 1 Renewable Energy Credit (REC) Pre-Sale, opening July 30, 2025. This initiative allows commercial, industrial, and municipal buyers to lock in forward-priced renewable attributes from New York solar, wind, and hydro projects, supporting long-term sustainability and compliance goals[1].