ClimateTech News and Headlines
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EDP Renovaveis reported a 50% jump in recurring net profit for 2025, reaching €330 million, driven by rapid U.S. capacity expansion. EBITDA rose 17% to €1.95 billion, with a target of €2.1 billion for 2026. The company added 2 GW of new capacity, over half in the United States, pushing total capacity to 20.4 GW and power generation up 11% to 40,600 GWh. Net debt decreased €200 million to €8.1 billion, while capital gains fell to €95 million as the firm divests mature assets.
At the Energy Storage Summit 2026 in London, analysts warned that pairing batteries with under‑performing solar farms is not a universal remedy. While co‑located projects can make efficient use of land, experts argue that standalone storage delivers the most valuable...
European day‑ahead power contracts plunged on Wednesday as wind generation surged and demand fell across the region. Germany's baseload price dropped 20.6% to €75/MWh, while France’s fell 30% to €21/MWh. Wind output is set to reach 23.8 GW in Germany and...
H&M Group partnered with Vancouver‑based Viridis Research to pilot an electrochemical oxidation system in Dhaka textile mills, treating wastewater from dye baths, equalization tanks, conventional treatment output and reverse‑osmosis reject streams. The trial achieved 99.56‑99.94% color removal and demonstrated the...
UK‑based RheEnergise has demonstrated a water‑free pumped‑storage system that uses a proprietary High‑Density Fluid, 2.5 times denser than water, to generate 500 kW in a pilot plant. The closed‑loop design replaces traditional reservoirs with a concrete lower tank and an 80‑metre...
Senior industry leaders from India, the UK and Europe briefed President Droupadi Murmu on a proposed India‑UK/Europe green corridor aimed at accelerating industrial decarbonisation and sustainable trade. The roadmap, led by Rajashree Birla, outlines technology transfer, catalytic capital flows and...
MYSEA announced the Silent Grace, a fully electric 62‑foot catamaran slated for Mediterranean charter service in summer 2026. Powered by solar panels and high‑capacity batteries, the yacht delivers zero‑emission, noise‑free cruising while offering three decks of luxury space. Its wellness‑focused...
The U.S. announced a preliminary 126% counter‑vailing duty on certain solar imports from India, sending Waaree Energies and Premier Energies shares sharply lower—Waaree down 10% and Premier down 6%. Both companies said they have diversified supply chains and ongoing US...
Switzerland's Federal Council will enact a draft law on April 1, 2026 to accelerate permitting for large‑scale solar, wind and hydropower projects. The legislation centralizes cantonal approvals into a single procedure and limits appeals to superior cantonal courts. It also...
Nordex chief executive Jose Luis Blanco told Reuters that Europe must emulate Germany’s rapid wind‑project permitting to meet its renewable targets. He highlighted recent German reforms that now allow approvals within months, a stark contrast to earlier delays. Blanco warned...
Gas Networks Ireland and the Corrib joint venture of Nephin Energy and Vermilion Energy have signed a strategic collaboration to launch a green hydrogen pilot at the Bellanaboy Bridge gas terminal in County Mayo. The pilot will evaluate producing green...
CoeusAI, a Canadian cleantech AI startup, has opened a Rotterdam headquarters after being chosen as the sole Canadian participant in the North Sea Energy (NSE) programme. The firm will work across five NSE streams, using AI to site offshore wind,...
Energy Storage Ireland and TNEI report that deploying long‑duration storage could slash Ireland’s fossil‑fuel generation by over 2 TWh annually, roughly a 30% reduction by 2035. The study models an all‑island grid with 9 GW on‑shore wind, 8 GW solar and 5 GW offshore...
JinkoSolar announced a 26.6% power conversion efficiency for an industrial‑scale TOPCon solar cell built on an M10‑size wafer, setting a new world record for this technology class. The result, validated by an independent Chinese third‑party, stems from a dual‑side electrical...
U.S. data‑center operators are confronting a surge in extreme weather events, from floods and wildfires to record heat and cold spells. Scenario analyses from S&P Global and the World Economic Forum estimate climate‑driven costs could equal 9.5% of total data‑center...
A recent Scientific Reports study shows nano‑ferric oxide (Fe₂O₃) coating on the base of a 1 m² solar desalination pond boosts temperature and water output. In outdoor trials across seasons, the coated pond reached 74 °C (≈8 °C higher) and produced 6.5 L m⁻² day⁻¹, a...
The 2026 federal budget eliminated the tax credit for purchased residential solar panels, leaving the credit only for leased systems. As a result, more than half of new rooftop installations are now owned by third‑party companies through leases or power‑purchase...
Aurora Energy Research's BATMAR report shows European battery storage capacity surpassing 17 GW in 2024‑25. Forecasts project over 80 GW by 2030, with long‑duration (four‑hour) batteries receiving half of the anticipated €24 bn investment. Germany leads the market, followed by the United Kingdom...
Renewable energy accounted for 26% of U.S. electricity generation in 2025, representing 36% of installed capacity. Solar output surged 34.5% while wind grew modestly, and battery storage capacity jumped 58.4%. Overall renewable generation rose 9.6% year‑over‑year, outpacing coal and nuclear....
Statkraft and renewable developer OX2 have signed a seven‑year power purchase agreement for two battery‑energy‑storage systems totaling 235 MW in Finland. The 110 MW and 125 MW installations, located alongside OX2’s Kannisto and Korkeamaa wind farms, are currently under construction and will be...
South32 COO Noel Pillay highlighted aluminium as a cornerstone of the low‑carbon transition, emphasizing its lightweight, durable and fully recyclable nature. The South African government has classified the sector as strategic, granting Hillside Aluminium a preferential electricity tariff through Eskom...
Scotland has reduced emissions by 51.3% since 1990, but the UK Climate Change Committee says its new medium‑term emissions strategy relies heavily on unproven technologies. While the CCC praises the shift to five‑year carbon budgets and rates 91% of 2030...
India is racing toward more than 2 GW of data‑center capacity by the end of 2026, spurred by AI‑intensive workloads and accelerated cloud adoption. Facilities in major metros are shifting from pure storage sites to high‑density compute hubs that require liquid‑cooling...
The Solar Insiders podcast features IEEFA analyst Jay Gordon warning that proposed fixes to network tariffs could erode the economic case for residential battery storage. By moving from time‑varying network charges to flat fees, the savings homeowners capture from shifting...
Fortescue Metals Group spent $427 million in the first half of FY2026 on decarbonisation and expects annual outlays of $800 million to $1.2 billion, putting the company on a roughly $1 billion‑a‑year run rate through the decade. The miner is installing solar, wind, battery...
Akaysha Energy disclosed that the Waratah Super Battery’s primary transformer suffered a significant internal fault in October 2025, rupturing its tank wall. The 850 MW, 1680 MWh facility will operate at roughly half capacity—about 350 MW—through most of 2026 while a replacement transformer...
Pinnacle West Capital reported a strong 2020 despite pandemic challenges, highlighting record non‑nuclear reliability at 95.3% availability and Palo Verde’s milestone of over 1 billion megawatt‑hours, earning it the nation’s top carbon‑free producer title. The utility delivered $4.87 earnings per share,...
BKV Corporation announced it will increase its stake in the power joint venture to 75%, securing majority control and greater governance over capital decisions. Management highlighted robust free cash flow that will fund debt reduction, power‑sector investments, and its expanding...
Aggreko is constructing a hybrid power station in Queensland to serve Arrow Energy’s Surat Gas Project North. The facility will combine a 17 MWp solar farm, an 8.4‑MVA/16‑MWh battery energy storage system, and a 33.75‑MVA gas‑fired thermal generator. Expected to create...
Global renewable‑energy investment hit a record $386 billion in 2025, driven by offshore wind and small‑scale solar in emerging markets. In the United States, clean‑energy funding slumped sharply in Q4, falling 36 percent after the Biden‑era EV tax credit was eliminated, resulting...
First Solar has signed a non‑exclusive licensing agreement with Oxford PV, granting access to the UK firm’s extensive perovskite patent portfolio and pending applications. The deal enables First Solar to develop and potentially manufacture perovskite‑based thin‑film photovoltaic modules for U.S....
Form Energy’s iron‑air battery will be deployed by Xcel Energy in Minnesota to power a new Google data center. The 300 MW installation can discharge continuously for up to 100 hours, delivering 30 GWh of stored clean energy. Google will also fund 1.4 GW...
voestalpine Railway Systems has joined as a founding member of the EU Rail FA3 programme, a pan‑European research effort to make rail the most sustainable and cost‑efficient transport mode. The company contributes its turnout and track‑system expertise across four use...
The Gordon and Betty Moore Foundation announced a $93.4 million, seven‑year Green Chemistry Initiative, the first chemistry‑focused effort in its 25‑year history. A new report, Green Chemistry in America 2026, surveyed 300 R&D leaders and 3,000 consumers, revealing strong industry support for...
Vestas has secured a firm 1.38‑GW offshore wind order from RWE for the Vanguard West project in the UK, encompassing 92 V236‑15 MW turbines. The deal includes supply, transport, commissioning, a five‑year service agreement and subsequent long‑term O&M contract. The project,...
Climate Mayors, together with Bloomberg Associates, released a report outlining how U.S. cities can shape the rapid expansion of hyperscale data centers driven by AI growth. The guide highlights four leverage points—site selection, electricity costs, environmental impacts, and local economic...
Rising energy prices, stricter regulations, and sustainability goals are forcing cold‑storage operators to prioritize efficiency. New insulation materials such as XPS and vacuum‑insulated panels dramatically reduce thermal loss, while IoT‑enabled smart controls match cooling output to real‑time demand. Manufacturers are...
Trina Storage and Gore Street Capital have launched a private EU Battery Energy Storage System (BESS) fund targeting more than 12 GWh of projects. The fund, backed by the European Investment Fund and the Irish Strategic Investment Fund, aims to raise...
Physical tolling agreements are rapidly becoming the preferred off‑take structure for new battery storage projects across Europe, a trend highlighted at the Energy Storage Summit 2026. A poll of attendees showed 75 % are considering tolls, reflecting growing confidence that these...
KODE Labs has launched EnerG, an AI‑enabled platform that consolidates utility, sustainability, and performance data for enterprise real‑estate portfolios. The solution replaces fragmented spreadsheets, PDFs and portal pulls with automated ingestion, validation and anomaly detection. Built as an extension of...
Mars announced a power purchase agreement with Foresight Energy Infrastructure Partners for 70% of the output from the newly commissioned 277 MW Kölvallen wind farm in Sweden, delivering roughly 670 GWh of clean electricity each year. The deal marks the confectioner’s second...
Australia’s fuel tax credits scheme is costing taxpayers nearly $10.8 bn this fiscal year – roughly $30 m a day – by refunding excise on diesel and petrol for miners, farmers and other heavy‑fuel users. Critics label it the nation’s most expensive...
Hitachi Energy and Pakal Technologies have teamed up to embed Pakal’s IGTO(t) silicon power switch into Hitachi’s high‑voltage power modules. The IGTO(t) promises roughly 30% lower conduction losses than conventional IGBTs, enhancing efficiency across rail, renewable, energy‑storage, AI and data‑centre...
Offshore wind developer Inch Cape released an independent report quantifying its economic contribution to the UK. The 50/50 ESB‑Red Rock joint venture will invest £4.7 billion overall, with £2.7 billion earmarked for Scotland and £1 billion in eastern regions. At construction peak, the...
Mitsubishi Shipbuilding has shipped the first ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS) for Japan Engine Corporation’s inaugural ammonia‑fueled marine engine, model 7UEC50LSJA‑HPSCR. The AFSS delivers ammonia to the engine safely and steadily, while the AGAS...
Australia’s CSIRO Renewable Energy Integration Facility (REIF) received a $3 million federal upgrade, doubling its power‑testing capacity. The enhanced lab now emulates microgrids, grid faults, and vehicle‑to‑grid scenarios, allowing realistic stress‑tests of solar, battery, wind and EV technologies. Operated from Newcastle,...
The Solar Quality Summit in Barcelona highlighted AI’s ability to accelerate photovoltaic project planning, construction, and operations, but stressed that its value hinges on high‑quality data. Attendees warned that “garbage in, garbage out” can magnify mistakes, making validation and human...
Irish developer ET Fuels has signed a binding long‑term offtake agreement with UK shipping firm RFOcean to supply e‑methanol at a fixed price starting in 2030. The fuel will be produced at ET Fuels’ advanced Rattlesnake Gap plant in Texas,...
Weidmuller USA introduced the WM4 C PV connector series, engineered for advanced solar installations up to 1,500 V. The UL‑ and CSA‑approved connectors feature robust crimp contacts for 4 mm² and 6 mm² (12 AWG/10 AWG) conductors and are rated IP67 for harsh environments. An anti‑tampering...
The opening panel at the Energy Storage Summit 2026 focused on making large‑scale battery energy storage systems bankable. Speakers highlighted that roughly 80% of UK BESS capacity is underwritten by tolls or floor contracts, and no project above 100 MW operates fully...
