NewsRoom Articles - Page 11 of 79

ThursdayAug 28, 2025 9:00 am

China Burnt Record Levels of Coal in H1 This Year, Report Shows

A recently published environmental research report has revealed that China combusted record levels of coal in the first half of 2025. The joint report found that even though the country's renewable energy capacity has expanded significantly, coal-fired power plants in China burned more coal in H1 2025 compared to any other six-month period since 2016. Published by Finnish independent air-quality research firm Center for Research on Energy and Clean Air (CREA) and American energy analytics organization Global Energy Monitor (GEM), the report notes that China brought a whopping 21 gigawatts (GW) worth of coal-fired energy online between January and July…

TuesdayAug 26, 2025 10:30 am

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), Announces $1.74 Million Grant to Advance Nova Scotia Community Solar Projects, for Which PowerBank is Lead Developer

The three projects, Sydney, Brooklyn, and Petpeswick, will generate a combined 12.4 MW DC of clean energy. Funding is provided by Nova Scotia’s Department of Energy and managed by Net Zero Atlantic. PowerBank is the lead developer for the owner, working alongside local partner Trimac Engineering. The projects are part of Canada’s first Community Solar Program, targeting 80% renewable energy by 2030. PowerBank has completed over 100 MW of projects and holds a pipeline exceeding 1 GW across North America. Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of…

TuesdayAug 26, 2025 9:00 am

US IRS Publishes New Tax Credit Guidance on Renewable Energy

The U.S. Internal Revenue Service (IRS) has published new tax credit guidance on renewable energy just weeks after the Trump administration accelerated the expiration of numerous green energy-related tax credits via a massive spending and tax bill, plunging the domestic green energy space into crisis. Dubbed the Big Beautiful Bill, the spending legislation set the expiration date for most green energy subsidies and tax credits to August, effectively bringing America's renewable energy tax credit program to a sudden close. The IRS is now releasing new tax credit guidance to help the green energy sector navigate the new, post-Big Beautiful Bill…

MondayAug 25, 2025 2:45 pm

Vision Marine Technologies Inc. (NASDAQ: VMAR) Expands Distribution Network, Signs Exclusive Nimbus Boats Agreement for Florida’s West Coast

The agreement is a milestone in VMAR’s strategic evolution from a specialized electric propulsion manufacturer to a comprehensive marine retail powerhouse. The strategic importance of this partnership becomes evident when considering Florida's dominant position in the American boating market. This distribution agreement follows Vision Marine's transformative June 2025 acquisition of Nautical Ventures. In a bold move to dominate America's most lucrative boating market, Vision Marine Technologies (NASDAQ: VMAR) has locked in exclusive distribution rights for premium Nimbus Boats throughout Florida's West Coast, positioning the company to capture a significant slice of the state's massive $6.4 billion annual powerboat sales (https://ibn.fm/T0MHH).…

FridayAug 22, 2025 9:00 am

US Household Power Bills Surge 10% as Tariffs, Policy Changes Bite

American households are paying higher power bills as the consequences of President Donald Trump's controversial tariffs and renewable energy rollbacks begin to take effect. According to a recent report published by Climate Power, a Washington D.C.-based climate advocacy group, household energy bills across the country have surged by an average of 10% since President Trump assumed office. This contradicts Trump's campaign promise to reduce energy prices in the U.S. as part of his "Energy Dominance" agenda and underscores the repercussions the current GOP administration's policies have had on the American energy landscape. U.S. Energy Secretary Chris Wright noted that the…

ThursdayAug 21, 2025 9:00 am

Governmental Inaction on Renewable Energy Targets is Inhibiting Investors

Independent global energy think tank Ember has published a study outlining how government inaction on renewable energy targets is inhibiting investors in the critical but capital-dependent industry. Renewables like solar and wind energy have made major gains over the past decade thanks to policy support and reductions in costs, but such projects require significant capital support in their initial stages, making them heavily reliant on investor funding. However, insufficient government action is making investors uneasy about green energy, and many are considering relocating their capital to other low-risk sectors. According to Ember, countries remain far from achieving the COP28 pledge…

TuesdayAug 19, 2025 9:00 am

Owners of Data Centers Request US Treasury to Retain Clean Energy Incentives Rules

Data center owners in the United States are calling on the U.S. Treasury to retain clean energy incentives rules for solar and wind energy, arguing that these policies have been instrumental in supporting the data center industry's growth and maintaining its competitiveness against China. The recently-passed Big Beautiful Bill continued the Trump administration's anti-climate action stance by changing energy incentives rules and speeding up the expiration of certain renewable energy subsidies, putting America's nascent green energy industry, and sectors that rely on it like data centers, in significant jeopardy. The Data Center Coalition is asking U.S. Treasury Secretary Scott Bessent…

FridayAug 15, 2025 1:15 pm

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Marks Bold Entry Into the Growing Battery Storage Market with 4.99 MW BESS in Ontario

PowerBank Corporation, a leading North American energy infrastructure developer and asset owner, has just begun installation of a 4.99 MW battery energy storage system (“BESS”) at its SFF-06 project in Cramahe, Ontario Once completed, this project is designed to deliver 4.75 MW of daily contract capacity for 251 business days annually, thereby powering Ontario’s grid with reliable, clean energy This ambitious project marks PowerBank’s bold entry into the battery storage market, a market that is projected to hit $31.2 billion by 2029, representing a 16.3% CAGR For the power supplied, PowerBank will receive a fixed capacity payment of $1,221/MW per…

FridayAug 15, 2025 9:00 am

Report Says China’s Renewable Energy Exports Enable Other Countries to Slash Emissions

A recent Carbon Brief report has revealed that China’s surging renewable energy exports are enabling other countries to reduce their greenhouse gas emissions. According to the report, Beijing’s renewable energy technology exports, which include electric cars, batteries, and photovoltaic solar panels, are helping other countries increase their green energy adoption rates and cut their emissions. Last year, the report notes, green energy technology exports from China helped lower global greenhouse gas emissions (excluding China) by 1%, and those exports are expected to save around 4 billion tons’ worth of carbon dioxide emissions over their lifetimes. With the CO2 emissions savings…

ThursdayAug 14, 2025 9:00 am

How Clean Energy Projects Can Manage Political Risk

As the global transition from fossil fuels to renewables accelerates, green energy project organizers must develop strategies for managing political risks. With the world still far from achieving carbon neutrality, political risks remain one of the most significant barriers to the expansion of renewables. Nevertheless, renewable energy adoption has advanced considerably in the U.S., aided by falling green energy prices, federal incentives, and state mandates. Between 2014 and 2023, the U.S. added more than 121 gigawatts (GW) of small and utility-scale solar capacity and increased wind capacity by 83%, marking growth rates of 688% and 130%, respectively. However, the current…

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