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US energy storage outlook dented by Trump policies
U.S. energy storage installations are set to hit record highs this year but lower deployment rates are expected from 2026 as developers adapt to a suite of new policies from the Trump...
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New York accelerates tender to secure tax credits; DOE slices clean power...
New York rushes out solar, wind tender before subsidies expireNew York Governor Kathy Hochul has launched a new renewable energy tender and directed government departments to prioritize shovel-ready...
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Trump's expansion of federal control hits solar developers
An order by the U.S. Department of the Interior (DOI) for increased federal oversight of solar and wind projects has created new challenges for clean power developers already facing cuts to tax...
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Grid investors keen on Europe as energy transition creates openings
Investments in Europe's power grids must accelerate to accommodate rising renewable energy capacity alongside a surge in demand from new data centres and the electrification of industry and...
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Microsoft pledges to spend billions in Wisconsin; Spain hikes grid investments
Microsoft boosts Wisconsin data center spending to $7 billionMicrosoft will increase its investments in data center infrastructure in the U.S. state of Wisconsin to $7.7 billion to build two facilities...
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US power line builders facing multi-state slog without federal help
In July, the Trump administration cancelled a loan guarantee of up to $4.9 billion for Invenergy's Grain Belt Express Phase 1 project, a high-voltage direct current (HVDC) transmission line intended to...
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Soaring US power auction prices set to spur new projects
Power capacity auction prices for 2026-2027 in the PJM power network hit the maximum price approved by regulators, highlighting how prices have soared over the last two years on the back of rocketing...
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Trump cuts offshore wind funding; Hitachi boosts US transformer supply
Trump withdraws funding for offshore wind projectsThe Trump administration has cancelled $679 million in federal funding for 12 offshore wind infrastructure projects in the latest policy setback for...
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US LNG builders go modular to battle rising costs
U.S. LNG activity is soaring on rising export demand and favorable government policies and many developers are turning to modular construction processes to mitigate rising costs.A number of LNG...
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US tightens tax credit rules for solar, wind; Southern US spearheads demand...
US government tightens tax credit rules for solar, windThe U.S. Treasury Department has tightened rules for solar and wind projects to qualify for federal tax credits, requiring them to complete...
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Big Tech, power grids take action to reign in surging demand
As data centers become an increasing driver of U.S. power demand, operators and power companies are seeking ways to better integrate them into the power network.Power plant developers and network...
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US eyes 7% more nuclear power through restarts, upgrades
As soaring AI use hikes demand for new power capacity, U.S. utilities are restarting mothballed nuclear plants as well as 'uprating' the capacity and extending the licences of operational reactors.A...
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Trump hits brakes on electric vehicle growth, for now
President Trump’s One Big Beautiful Bill ends $7,500 tax credits for new electric vehicle purchases on September 30, along with $4,000 for used models, seven years earlier than planned by the Biden...
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Rush for US gas plants drives up costs, lead times
Surging demand for power from AI and electrification has led to a flurry of new gas-fired power projects in the United States, following years of inactivity."It's been 40 or 50 years, or so, since...
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Trump tax bill slashes solar, wind tax credits; UK extends clean power...
Big Beautiful Bill shrinks solar, wind tax creditsU.S. President Donald Trump’s Big Beautiful Bill slashes tax credits for solar and wind energy projects but mostly retains benefits for energy storage,...
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Dash for data centers creates revenue risks for power developers
Surging development of U.S. data centers has hiked power demand forecasts but predictions vary widely, creating risks for developers.The U.S. is set for "explosive" demand growth over the next five...
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EIA hikes US power demand forecast; US solar industry cuts growth forecast
EIA hikes US power demand forecast on AI boomThe Energy Information Administration (EIA) has hiked its forecast for U.S. electricity retail sales to better account for data center growth.U.S....
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Trump tax bill squeeze on clean power could raise energy bills
President Trump's tax bill passed by the House of Representatives on May 22 is set to slow the country’s clean energy expansion by accelerating the expiry of key tax credits introduced under the 2022...
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Global clean energy investments set to rise 2%; Denmark, Norway unveil...
Global clean energy investments forecast to rise 2% in 2025Investments in clean energy will hit a record $3.3 trillion (2.89 trillion euros) this year, a 2% increase versus 2024, despite economic...
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Trump's tax bill jeopardises clean power factory plans
A rapid expansion in U.S. clean energy manufacturing capacity is being curtailed by cuts to tax credits in President Trump's House budget bill currently being thrashed out by Congress.Tax credits in...
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