US Clean Energy Tax Credit Monetisation Set to Hit $60 Billion in 2025
A new report projects that the US will reach up to $60 billion in clean energy tax credit monetisation in 2025, a significant increase from $52 billion the previous year, driven by rising tax equity investments and strong interest in solar PV credits. The majority of deals are for investment tax credits, with solar PV accounting for more than $7 billion in tax credits generated in the first half of 2025.[1]
Global Renewable Investment Hits Record, but US Sees Sharp Decline Amid Policy Shifts
While global investment in renewable energy projects reached a new high in 2025, the US experienced a 36% drop in spending compared to the previous half-year, largely due to policy changes and the removal of renewable energy tax incentives. Clean tech manufacturing cancellations outpaced new investments, and tariffs have raised the cost of solar and battery projects by as much as 30%.[4]
Trina Storage Launches New Utility-Scale Energy Storage Platform at RE+ 2025
Trina Storage has introduced its Elementa 2 Pro Platform, a fully integrated, cell-to-AC energy storage solution tailored for grid-scale deployment, at the RE+ 2025 event in North America. The platform is available in 10 MWh and 20 MWh configurations and is designed to simplify integration, speed up deployment, and support renewable energy integration and grid balancing.[5]
Sweden Commissions Its Largest Solar Farm
Developers have brought online Sweden’s largest solar farm, marking a milestone in the country’s transition to renewable energy and strengthening its domestic solar power generation capacity.[7]
UNECE Sustainable Energy Week 2025 to Focus on Just Transition and Resilient Energy Systems
The upcoming UNECE Sustainable Energy Week, set for late September, will gather global experts and policymakers to discuss regulatory strategies for energy transition, resilience, and digital transformation in energy systems. The event will address renewable energy policies, energy efficiency, cross-sectoral cooperation, and the role of sustainable mobility.[6]
Data Center and Cleantech Growth Drive Renewables Demand, Outpacing Supply
Surging demand from data centers and cleantech manufacturing is expected to add over 57 GW of new power needs by 2030, with renewables facing a race to meet this gap through technological innovation and domestic supply chain development. Artificial intelligence and carbon industries are key players driving the push for 24/7 clean energy solutions.[2]
CATL Unveils New EV Batteries to Accelerate European Expansion
CATL, a major Chinese battery manufacturer, has launched two new battery variants specifically designed for Europe’s electric vehicle market, signaling increased competition and growth ambitions in th