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EY Index Says Volatile Conditions Accelerate Global Renewables Market

EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […]

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Mosaic Surpasses $10 Billion in Loans Funded for Residential Solar, Sustainable Homes in US

American fintech giant Mosaic has announced that it has surpassed $10 billion in loans funded through its platform. Mosaic is a leading financing platform for U.S. residential solar and energy-efficient home improvements. This double-digit milestone comes just seven weeks after announcing $9 billion in loans funded, showing accelerated growth for the clean energy fintech company. […]

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Texas-Based Mission Solar Energy to Expand Solar Cell Production to 1 GW in 2024

Texas-based solar module manufacturer Mission Solar Energy has celebrated its tenth anniversary and simultaneously announced a 1 GW expansion plan. Mission Solar will ramp up production to meet industry demands for 2023 and beyond. Mission Solar said that its products have become coveted by distributors, installers, and homeowners across the US and the recent passage […]

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SB Energy to Supply 942 MW Green Energy to Google Data Center in Texas

A leading climate infrastructure and technology platform headquartered in the San Francisco Bay Area, SB Energy Global has announced that Google will purchase about 75% percent of the renewable energy produced by four of its solar projects that are currently under development. The projects, totaling 1.2 gigawatts (GW) of capacity will support Google’s investment in […]

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Turbine Orders in EU Fall 36% in Third Quarter: WindEurope Report

The new report by WindEurope – Wind Turbine Orders Monitoring Q3 2022 – has said that the wind turbine orders in Q3 2022 fell by 36% compared with Q3 2021 signifying slowing wind energy growth. It also said that Europe urgently needs to solve permitting and strengthen its wind energy supply chain. The report finds […]

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Hyundai Begins $5.5 Bn EV, Battery Plant in USA

The South Korean auto conglomerate Hyundai Motor Co is about to break ground for the $5.54 billion electric vehicle and battery plant in the USA. Hyundai wants to have a reasonable share in the electric vehicle sales in America. Georgia Governor Brian Kemp, Senators Jon Ossoff and Raphael Warnock may attend the ceremony of the […]

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Insurer Claims US Renewables Suffered Worst Summer of Losses

GCube insurance, a leading underwriter for renewable energy projects has highlighted the financial impacts of Extreme Weather and Natural Catastrophe events that are outpacing the development of mitigation strategies in the North American renewables market. That might mean that insurance premiums will also keep pace with the overall rise in costs the industry, particularly solar […]

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Ascend Elements, EcoPro Group Collaborate for Supply of Recycled Battery Materials

Massachusetts-based battery recycling company, Ascend Elements and South Korea-based battery materials company EcoPro Group, have signed a memorandum of understanding (MOU) to cooperate in the development, qualification, and integration of recycled battery materials into cathode products of EcoPro. The official statement mentioned that EcoPro is a cathode active material (CAM) supplier to some of the […]

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China’s Solar Dominance: How Key Consumer Markets Are Adapting

Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […]

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