Pennar Industries Invests $700K for 45% Stake in ZAP91 Solar India JV
Indian engineering firm Pennar Industries announced a $700,000 investment in ZAP91 Solar India Pvt Ltd, a joint venture with Zetwerk, acquiring a 45% stake. The single‑tranche investment is expected to be completed by June 30 2026 and will fund the development of a solar module manufacturing plant in Telangana. The deal expands Pennar’s presence in the solar PV market.
Ferrari Unveils Luce, First Fully Electric Supercar Priced Near $640K
Ferrari introduced the Luce, its first fully electric production car, with a 1,035‑hp powertrain, 0‑100 km/h in 2.5 seconds and a starting price of roughly $640,000. The launch, led by designer collective LoveFrom, signals the Italian marque’s strategic shift toward electrification while...
EBRD Green Bond Launch and Moody's South Africa Outlook Upgrade Signal Shifts in Global Bond Markets
The European Bank for Reconstruction and Development (EBRD) announced a €4.2 billion ($4.5 billion) financing package for Central Asian energy upgrades and backed Eesti Energia's inaugural green bond, while Moody's lifted South Africa's sovereign outlook to positive, highlighting fresh yield pressures across...
Enlight Renewable Energy Jumps 11% After Securing 15‑Year Google Solar PPA
Enlight Renewable Energy Ltd. (ENLT) saw its Nasdaq‑listed shares climb 11.38% to $102.75 after its U.S. subsidiary, Clenera Holdings, signed a 15‑year fixed‑price power purchase agreement with Google for 200 MWac of solar output from the Solstice project in Oklahoma. The...
Paraguay Launches First Large-Scale Solar Tender, Marking Historic Shift in Energy Policy
Paraguay’s state utility ANDE has issued its first large‑scale solar photovoltaic tender, targeting a 140 MW plant in Boquerón under the newly enacted Law No. 7599/2025. The project, supported by the World Bank, includes design, construction, operation and a 220 kV grid connection...
Malaysia Offers Cash Rebate for Home Solar
Malaysia’s Sustainable Rebate and Incentive Assistance (SuRIA) Home scheme will begin on June 1, offering households a cash rebate of MYS 600 ($151) per kWac, capped at MYS 3,000 ($756) for a typical 5 kW system. The program is first‑come‑first‑served, runs until year‑end or...
Oxford-Based Caudal Energy Lands €4.9 Million to Develop Predictable Renewable Power From Tidal Flow
Oxford‑based Caudal Energy, a University of Oxford spin‑out, announced a €4.9 million (~$5.3 million) funding round led by Oxford Science Enterprises and Empirical Ventures. The company is developing an oscillating‑foil tidal system that can operate efficiently in mid‑flow sites, potentially expanding the...
Solar-Friendly Dynamic Pricing of Electricity Could Cut California’s Peak Demand by Several GW
A new Lawrence Berkeley National Laboratory study finds that dynamic electricity pricing combined with price‑responsive appliances could shave up to 8.75 GW off California’s peak demand by 2030. The state’s 2027 mandate requiring utilities and community choice aggregators to offer such...
Global Clean-Energy Trade Rebounds to $479 Billion in 2025 Despite Tariffs and Geopolitical Turmoil: BloombergNEF
Global clean‑energy trade rebounded to $479 billion in 2025, a 1 % increase after a 7 % dip in 2024. The rise occurred despite renewed U.S. tariffs and geopolitical tensions, with Chinese overcapacity still compressing margins across solar, batteries and EVs. Conflict in...
Saatvik Green Energy Bags ₹171-Cr Solar Modules Supply Order
India's solar module maker Saatvik Green Energy announced a ₹171.45 crore (~$20.6 million) contract to supply TOPCon Bifacial glass‑glass PV modules for a utility‑scale project of a domestic independent power producer. The order highlights the company's advanced bifacial technology, which can boost...
Another Asian Power Crisis—It’s Time to Energize Renewables
The latest Middle East conflict has exposed Asia‑Pacific’s heavy reliance on imported oil, prompting urgent calls for a rapid shift to renewables and smarter grid infrastructure. Around 60% of the region’s oil comes from the Gulf, driving rationing, inflation and...
Labor’s 82% Renewable Energy Target Is Pure Fantasy
Australia’s federal government has set an 82% renewable energy target, requiring the retirement of most of its coal fleet and the addition of 6–7 GW of new large‑scale renewable capacity each year, plus several gigawatts of storage. The nation, a leading...
Europe Advances Green Hydrogen Projects as Costs Remain High
Plug Power announced a final investment decision for its 30‑MW Barrow green hydrogen plant in the UK, underscoring Europe's resolve to expand green hydrogen despite lingering cost challenges. The project will deliver roughly 100 GWh of hydrogen annually to Kimberly‑Clark, cutting...
Passive Bidding Generates $743K Monthly for Swanbank BESS
Passive bidding strategy delivers AU$743,000 monthly revenue for Swanbank BESS in Australia #energysky -- via Energy Storage News: https://t.co/lNg2ObOquO
Luxury Yachts and Environmental Conflict - Damage, Protests and New Solutions | DW Documentary
The DW documentary spotlights the clash between opulent yachting and climate responsibility, following a retired executive’s new "eco" yacht while chronicling activist protests against the industry’s carbon footprint. It reveals that even the most advanced vessels still carry massive diesel...
France Plans to Double Domestic Electricity Production Share
France announced a sweeping energy plan to double the share of domestically produced electricity to 60% by 2030. The government will boost state support to €10 billion ($11 billion) a year, mobilising 6,000 firms and aiming to protect 600,000 jobs. The strategy...
Goldman Sachs Forecasts 160% AI Data Center Power Surge as Activist Map Highlights Local Strain
Goldman Sachs projects global AI data center electricity use will jump 160% by 2030, with U.S. demand nearly tripling, while activist Erin Brockovich launches a crowdsourced map documenting over 2,700 community complaints at more than 4,200 facilities. The clash pits...