Browsing: Americas

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.

Rising electricity demand in Texas is increasing the need for grid flexibility, with OCI Energy’s $130 million tax equity financing for the Alamo City Battery Energy Storage System highlighting the growing importance of large scale battery storage.

The shift toward large scale renewable energy deployment in the United States is increasingly becoming a financing and infrastructure challenge rather than a technology question. Permanent Power Company, a national power platform backed by CIM Group, has secured approximately $600 million in construction financing for its Grape solar and energy storage project in California, highlighting the growing role of hybrid renewable projects in addressing grid reliability and clean energy demand.

Poland’s transition from a rapidly transforming economy into a more sustainable and technology driven system was highlighted in Hanoi as a potential reference point for countries such as Vietnam seeking to accelerate their own green development pathways.

A coalition backed by some of the world’s largest technology companies has committed an additional $915 million to accelerate carbon removal development, highlighting the growing role of engineered and nature based solutions in corporate climate strategies.

Microsoft’s climate strategy is increasingly reflecting a broader shift among major technology companies: reducing operational emissions while investing in carbon removal solutions to address emissions that remain difficult to eliminate.

The global vanadium redox flow battery market was valued at $495 million in 2025 and is projected to surpass $3…

Peru is moving toward establishing a new renewable hydrogen and green ammonia export platform with the approval of a major port infrastructure project designed to support future clean fuel markets.

The California Energy Commission (CEC) has awarded LiCAP Technologies an $11.3 million grant to expand manufacturing capacity and accelerate commercialization of its dry electrode platform, a technology designed to reduce battery production complexity and improve scalability.

MODEC and Eld Energy have signed a memorandum of understanding to develop a 1.2 MW solid oxide fuel cell based power system integrated with carbon capture, targeting long-duration offshore deployment.