The United States’ renewable power capacity is forecast to expand from 414.5 GW in 2024 to approximately 1.06 TW by 2035, more than doubling over the period, despite federal policy shifts emphasizing energy security and domestic manufacturing over climate objectives, according to GlobalData analysis.
Honda Motor Co. is consolidating its electric vehicle strategy in North America by acquiring full ownership of its Ohio battery production facility from LG Energy Solution for approximately $2.9 billion.
Brazil’s federal government has committed more than BRL 59 million to a green hydrogen and ammonia plant in Paraíba, signaling a more targeted phase of the country’s energy transition strategy that links decarbonization with industrial competitiveness and fertilizer security.
California’s approval of a 500 MW energy storage project capable of delivering power continuously for up to eight hours underscores how rapidly long duration storage is moving from modeling exercise to permitting reality.
Federal support for US hydrogen hubs, a cornerstone of the country’s clean energy strategy, faces renewed scrutiny after a December court hearing suggested a potential reinstatement of $1.2 billion for California’s ARCHES hydrogen hub.
Frontier, the carbon removal initiative backed by Stripe, Alphabet, Shopify, Meta, McKinsey, and other corporate partners, has signed a $44.2 million offtake agreement with Canadian biowaste specialist NULIFE GreenTech to remove 122,000 tonnes of CO₂ between 2026 and 2030.
Colorado faces a sudden withdrawal of $109 million in federal transportation and clean energy funding, as the Trump administration moves to cancel projects focused on electric vehicles, EV infrastructure, and rail improvements, including research into hydrogen and natural gas-powered trains.
Getech has secured its first contract in stimulated geologic hydrogen, partnering with GeoKiln on a pilot project in Minnesota that targets hydrogen production directly within iron-rich subsurface formations rather than at the surface.
ExxonMobil’s decision to reduce planned low-carbon spending by roughly one-third marks a sharper turn in the oil and gas sector’s recalibration of energy transition strategies.
