The United States is on track to reach 200GW and 655GWh of cumulative energy storage capacity by 2031, nearly four times today’s installed base, according to Wood Mackenzie’s Q2 2026 US Energy Storage Monitor.
A new Finnish consortium, MatH2, has been launched to address one of the hydrogen economy’s least resolved bottlenecks. Led by the VTT Technical Research Centre of Finland Ltd and supported through a co-innovation program funded by Business Finland, the initiative brings together ten industrial and research partners spanning materials suppliers, component manufacturers, technology developers, and end users.
Brazil’s northeastern state of Rio Grande do Norte is seeking to position itself within the increasingly crowded global green hydrogen market, leveraging some of the world’s strongest wind resources and a consortium of major German industrial companies to support a proposed €2 billion export project aimed at European customers.
The world added renewable energy capacity at a record pace and pushed clean electricity generation above 30 percent of global supply, yet 655 million people still lived without electricity in 2024 and roughly two billion lacked access to clean cooking technologies.
Carbon markets are becoming an increasingly important source of climate finance for emerging economies, yet many developing regions continue to face significant institutional, regulatory, and technical barriers to participation.
Colombia’s Ecopetrol and Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have signed an agreement to develop feasibility studies and engineering work for a pilot Power to Liquid (PtL) synthetic fuel facility in Cartagena.
The global green ammonia market is moving from early-stage pilot projects toward long-term commercial contracting, with Reliance Industries Limited (RIL) signing a 15 year supply and purchase agreement (SPA) with Samsung C&T Corporation valued at approximately $3 billion.
Google and Italian energy storage developer Energy Dome are advancing a 23 MW/200 MWh carbon dioxide battery project in County Offaly, Ireland, aimed at demonstrating how long duration energy storage (LDES) can support renewable heavy grids.
Energy developer NatPower and Tesla have signed an agreement to deploy 25 GWh of battery storage capacity across Italy and the United Kingdom, representing the first stage of a broader programme that could require up to $5 billion in investment.
