NewsRoom Articles - Page 11 of 75

TuesdayJun 10, 2025 9:00 am

Solar Power Leads Investment Boom Totaling $3.3Tn

Recent data has revealed that total global investments in clean energy are expected to reach a whopping $3.3 trillion. A report from the International Energy Agency (IEA) predicts that green energy investments will hit record levels as investors become increasingly interested in renewable energy. As the most dominant source of clean energy, solar is predicted to attract $450 billion in funding in 2025. Despite the economic and geopolitical challenges the world is facing, investor interest in renewable energy technology is still robust, and clean energy is set to attract two times more investment than fossil fuels. According to the agency,…

FridayJun 06, 2025 9:00 am

AI Helps Grids in Managing and Forecasting Renewable Energy Intermittency

Artificial intelligence (AI) is playing an increasingly larger role in managing and forecasting intermittency in renewable energy systems. As countries grow more reliant on energy generated from clean sources, dealing with renewable energy intermittency has become a pressing need. Unlike coal and other fossil fuels that can produce energy on demand, renewable sources are most effective when the time, weather, and atmospheric conditions are ideal. For instance, solar farms are at their most optimum during the day at moderate temperatures, while wind farms work effectively when they are installed on flat terrains with high-speed winds. Energy production drops and can…

ThursdayJun 05, 2025 9:00 am

South Dakota Establishes Itself as a Renewable Energy Leader

South Dakota has spent the last decade or so quietly establishing itself as a leader in America's renewable energy space. Surprisingly, the Midwestern Republican-led state has built an energy portfolio that's so incredibly clean that it rivals notoriously green states like Vermont, Oregon, and Washington State. Most people picture predominantly Democratic states like California when they think of states with notably high shares of green energy in their energy mix. However, South Dakota draws a majority of its energy from renewable energy sources despite being Republican-led. In fact, South Dakota now generates more energy from renewables than any other state…

TuesdayJun 03, 2025 11:15 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to Develop 6.9 MW Community Solar Project in Nova Scotia

SolarBank has announced it will develop a 6.9 MW Brooklyn solar project, located in Nova Scotia and expected to power approximately 900 homes, under Canada’s first Community Solar Program. The initiative supports Nova Scotia’s target of 80% renewable energy by 2030 and net-zero emissions by 2035. AI Renewable Fund owns the project; SolarBank serves as developer and builder. Construction is scheduled to begin in Spring 2026 and complete by Summer 2026, with total development cost estimated at $13.9 million. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

TuesdayJun 03, 2025 9:00 am

How Weather May Impact the Operation and Reliability of Renewable Energy

Most forms of renewable energy are intermittent in nature. This means that they reach peak power production during specific hours of the day or under certain weather conditions, and produce little to no renewable energy when conditions aren’t ideal. As green energy demand surges worldwide, there are mounting concerns about how weather can affect the reliability and operation of renewable energies like solar and wind. In late April, a massive power outage struck Portugal, Spain, and parts of France leaving 55 million people without power for 10 hours, and raising questions about the role of weather and green energy in…

FridayMay 30, 2025 9:00 am

Texas Republicans Embrace Wind Energy Despite Trump’s Opposition

Despite President Donald Trump's loud opposition to renewable energy and any form of climate action, Republicans in Texas have embraced wind energy. The GOP president criticized America’s large investments in green energy during the Biden administration and has undone most of the former president’s climate-related policies since taking office. However, the Republican Party’s disdain for clean energy isn’t shared by every conservative American. In Texas, rural right-leaning Americans embraced wind energy and its potential for clean, sustainable electricity long before the GOP began chipping away at the country’s green energy policies. Texas rancher John Davis served as a Republican state…

ThursdayMay 29, 2025 9:00 am

Solar Gears Up to Become the Most Cost-Efficient Energy in South Korea

Research from the Lawrence Berkeley National Laboratory in California has revealed that solar electricity is poised to become the most cost-efficient source of energy in South Korea. According to a research team based at the lab, solar has the potential to have the lowest levelized cost of energy (LCOE) of all energy sources in South Korea by 2030 to 2035. Solar energy is one of the most popular forms of renewable energy globally and is currently the third-largest source of renewable energy after hydropower and wind. Titled “Assessing the Levelized Cost of Energy in South Korea,” the team’s research paper…

TuesdayMay 27, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Reports 395% Asset Growth in Current Fiscal Year, Focuses on Long-Term Recurring Revenue Strategy

Total assets rose to $194 million as of March 31, 2025, as compared to the end of the last fiscal year, following a key acquisition. Revenue from the company’s independent power producer segment grew from $0.3 million to $6.6 million. This reflects the company’s focus on long-term income-generating assets, versus short-term engineering, procurement, and construction/project sales. During the third quarter, SolarBank executed several operational milestones that align with this longer-term focus. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and…

TuesdayMay 27, 2025 9:00 am

Meta Signs 650 MW Solar Energy Deal to Power its Data Centers and AI

Facebook, Instagram, and WhatsApp parent company Meta has invested in 650 megawatts (MW) of solar energy to power its data centers and artificial intelligence (AI) operations with clean electricity. The recently signed agreement moves the tech giant closer to its renewable energy goals by tapping into solar power. Meta signed a long-term power purchase agreement (PPA) with American energy company AES to source solar energy for its rapidly expanding data center operations in Kansas and Texas. These facilities, which also support Meta’s AI workloads, have become increasingly energy intensive due to the rapid growth of cloud services and AI adoption,…

FridayMay 23, 2025 9:00 am

Supply Chain, Grid Issues Handicap Energy Transition in Europe

A recent report from the Energy Industries Council (EIC) has revealed that Europe’s transition to renewable energy could be hindered by industrial bottlenecks, permitting delays, and grid issues. The continent has made significant strides in adopting clean energy, especially in countries like Sweden, Finland, and Portugal, but grid and supply chain issues threaten to handicap the continent’s progress. If Europe doesn’t address these critical challenges in time, it may not be able to transition to green energy fast enough to meet regional and global emission standards over the next couple of decades. According to the EIC, Europe’s 2030 climate targets…

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