NewsRoom Articles - Page 13 of 82

TuesdaySep 09, 2025 9:00 am

Amazon to Power its New Zealand Data Centers with Renewable Energy

Amazon has announced its largest Pacific infrastructure investment, committing $4.4 billion to construct computing facilities powered entirely by wind generation across New Zealand. The project establishes three separate operational zones featuring independent electrical systems and security frameworks designed for enterprise-grade applications. Christopher Luxon revealed the initiative at a technology summit in Auckland, calling it proof of New Zealand's appeal for major corporate investments. Government economists project the development will inject $6.3 billion into the national economy while generating roughly 1,000 permanent jobs annually across technical and support roles. All computing operations will draw electricity exclusively from Mercury NZ's wind generation…

FridaySep 05, 2025 10:30 am

PowerBank Corporation’s (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) 5.7 MW North Main St Project Clears Interconnection Study, Moves Toward Permitting

The 5.7 MW North Main St solar project in upstate New York is expected to qualify under the state’s VDER compensation mechanism, with a first-year average rate of $0.0971/kWh. Once operational, the community solar project will provide energy equivalent to 670 homes. PowerBank has more than 100 MW of projects built and a development pipeline exceeding 1 GW. New York remains a central market, targeting 6 GW of solar capacity by 2025 under its Climate Leadership and Community Protection Act. Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of…

FridaySep 05, 2025 9:00 am

Financial Markets are Propelling Forward the Renewables Movement in Spain

Financial markets are playing an increasingly important role in driving Spain's renewable energy movement. The country's stock market has become a strong ally to green energy in recent months, leading an investment shift that is reshaping the Iberian Peninsula’s energy landscape. Since renewable energy relies heavily on investor capital, the presence of major companies like Iberdrola, Acciona Energía, and Solaria gives Spain a significant advantage. These companies are attracting substantial investor attention to Spain’s green energy sector, channeling the capital needed to advance the country’s carbon neutrality goals. They also account for a large share of Spain’s overall generation capacity,…

ThursdaySep 04, 2025 9:45 am

Vision Marine Technologies Inc. (NASDAQ: VMAR) Remains Leader in E-Boat Space, Committed to Revolutionizing Boating Experience

VMAR’s record underscores company’s commitment to innovation and excellence in the electric marine industry. CEO notes that company is “in a bold new development and training phase.” Company’s E-Motion 180E is a high-performance, 180-horsepower electric outboard motor designed to deliver exceptional speed and efficiency. Vision Marine Technologies (NASDAQ: VMAR) has long demonstrated its leadership in marine electrification, with its E-Motion(TM) 180E-powered vessel holding the world record for the fastest electric boat. Set at the annual Lake of the Ozarks Shootout in Missouri, the record shows that VMAR’s craft reached an astonishing speed of 116 mph, surpassing its own previous record…

ThursdaySep 04, 2025 9:00 am

How Mainland SE Asia is Customizing its Approach to Renewables

Southeast Asian countries are adopting renewable energy into their energy mixes in a myriad of ways. While fossil fuels like coal and oil still play a key role in their economies, Southeast Asia is incorporating solar, hydropower and other renewables at increasingly higher rates. Each nation in the region has taken its own approach to the transition. Thailand, for starters, has pursued hydropower and solar energy heavily but was sluggish in its approach to wind energy. The country has the capacity to produce significant wind energy in the north and northeast, and even though it launched its first wind project…

WednesdaySep 03, 2025 9:00 am

Trump Cancels $679M Funding Support to Offshore Wind Energy Projects

President Donald Trump has canceled over half a billion dollars in federal funding for offshore wind farms as part of his administration's ongoing efforts to curtail the country's fledgling renewable energy industry. Unlike former President Biden, Trump is an avid supporter of the fossil fuel industry and his infamous declaration "Drill, Baby, Drill" seems to be informing his energy policy. Since the Republican assumed office, he has undone dozens of the previous administration's climate action-related policies and eliminated crucial federal tax incentives for electric cars and green energy projects. Now, the Trump administration is cutting $679 million worth of funding…

FridayAug 29, 2025 9:00 am

Investment in Renewables Reaches Record Levels Globally, BloombergNEF Says

A BloombergNEF report has found that investment in renewables like wind and solar reached record levels globally in the first half of the year. The strategic research provider's 2H 2025 Renewable Energy Investment Tracker shows that small-scale solar and global offshore wind experienced notable growth in H1 2025 while asset finance for onshore wind and utility-scale solar dropped notably from H1 2024 levels. Even so, worldwide investments in new green energy projects reached a record $386 billion between January and July 2025, increasing by 10% from the first half of 2024. Given the capital-intensive nature of renewable energy projects, these…

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…

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