NewsRoom Articles - Page 14 of 76

FridayMay 16, 2025 9:00 am

Unprecedented Power Blackout in Spain Triggers Clean Energy Debates

The entire Iberian Peninsula recently experienced a massive blackout that left most of mainland Spain, Portugal, and parts of southern France without electrical power for around 10 hours. Some opposition parties in Spain, as well as a few external observers, have pointed to net-zero emission goals and renewable energy targets as potential contributors to the outage. Unprecedented in its scope, the 2025 Iberian Peninsula blackout was one of the worst power failures in recent European history, severely disrupting transportation systems, telecommunications, and emergency services. Authorities in Spain have launched an investigation to determine the exact cause of the outage and…

ThursdayMay 15, 2025 9:00 am

US House Points Guns on Clean Energy, Climate Policies in Budget Proposals

The Trump administration is considering eliminating various Biden-era climate action policies designed to invest in America’s burgeoning green energy industry. U.S. House representatives recently introduced plans to phase out renewable energy tax credits, cut federal spending on clean energy and electric vehicles, and pull back funding dedicated to climate action in an attempt to pass a budget that aligns with President Donald Trump’s anti-green energy agenda. President Trump frequently criticized the Biden administration for investing tens of billions of dollars into building out the country’s green infrastructure and vowed to rescind all federal funds earmarked for climate action if he…

TuesdayMay 13, 2025 9:00 am

Clean Energy Surges in the US, But Trump’s Policies Threaten Progress

A recent report has revealed that while renewable energy production in the U.S. has tripled in the past decade, its progress is being threatened by the Trump administration's policies. Renewable energy projects in the U.S. are producing more clean energy than ever, but political uncertainty under President Donald Trump and billions of dollars in budget cuts could dampen America's progress. Before President Trump took office, green energy production in the U.S. was accelerating at a significant pace. Targeted policies and investments enabled the launch of numerous solar, wind, and other green energy projects across the country, allowing the U.S. to…

MondayMay 12, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

SolarBank and CIM Group have announced a US$100 million financing deal for a portfolio of U.S. solar energy projects totaling 97 MW. The deal is structured as a preferred equity investment at the project level, preserving SolarBank’s share capital, with CIM receiving a 3% annual coupon and retaining full ownership of transferred investment tax credits. SolarBank expects to maintain majority ownership of the 21-project portfolio post-financing, supporting SolarBank’s shift toward becoming a long-term solar asset owner in the U.S. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

FridayMay 09, 2025 9:00 am

Poll Shows Europe Prefers Domestic Clean Energy, Distrusts Russia and America

A survey commissioned by the Secure Energy Project and conducted by research agency Opinium has revealed that most Europeans would rather their countries invest in local clean energy rather than continue importing fossil fuels from the U.S. and Russia. The poll found that Europeans overwhelmingly prefer relying on domestically produced renewable energy, a more reliable and sustainable option, over fossil fuels sourced from abroad. Although Europe has made notable progress in the green transition, a large portion of its energy demand is still met through fossil fuel imports. Opinium found that most Europeans distrust both Russia and the U.S. to…

ThursdayMay 08, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW Glor Rd Community Solar Project in Upstate New York

SolarBank plans to develop a 7.2 MW DC ground-mount solar project in upstate New York, part of a growing pipeline of SolarBank developments in the area. The project will operate under a community solar model, with customer acquisition managed by Solar Simplified, and is expected to power approximately 850 homes. In addition, the new development will participate in New York’s VDER rate program and may qualify for NYSERDA incentives. 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 community solar…

ThursdayMay 08, 2025 9:00 am

Global Solar Council Celebrates a Decade of Solar PV Progress

The Global Solar Council (GSC) is celebrating a decade of progress in the photovoltaic solar energy industry. The industrial body marked its 10th anniversary by encouraging investors and governments to increase their efforts to boost solar energy growth over the next decade. Solar is currently the largest source of renewable energy globally and is poised to play an instrumental role in the transition to clean energy. An over 99% drop in solar technology prices over the past two and a half decades has enabled the mass deployment of solar energy projects and allowed dozens of countries to incorporate solar energy…

TuesdayMay 06, 2025 9:00 am

America Expresses Interest in Hydropower Projects in Bulgaria, Romania

The United States of America has expressed interest in developing hydropower projects in Romania and Bulgaria. U.S. Secretary of Energy Chris Wright recently met with Bulgaria’s Minister of Energy Zhecho Stankov and Romania’s Minister of Energy Sebastian Burduja to discuss bilateral collaborations on renewable energy projects in both countries. These projects include nuclear power plants and pumped storage hydropower facilities, Romanian Energy Minister Burduja said. He noted that his country would conduct studies for a variety of pumped storage hydroelectric facilities across the Carpathians with U.S. support. Burduja held discussions with his American counterpart in Warsaw during the 2025 Three…

FridayMay 02, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Expands Portfolio with Additional Solar Project in Upstate New York

SolarBank is developing a 4.584 MW DC ground-mount solar project in upstate New York, projected to power 540 homes. The Forest Hill Rd project will operate under New York’s community solar framework and benefit from VDER compensation and NYSERDA incentives. Solar Simplified will handle subscriber management, allowing SolarBank to focus on development and expansion. The company is not presently importing solar panels from the four countries impacted by the April 21, 2025, U.S. Department of Commerce Tariff announcement. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and…

FridayMay 02, 2025 9:00 am

Limiting Wastage Could Avail More Renewable Energy

As the world accelerates its transition to clean energy, eliminating waste and maximizing efficiency could increase global capacity for renewables and ensure a constant supply of renewable energy. Experts project that there will be a whopping 5,500 GW of new renewable energy capacity by the end of the decade, up from 3,870 gigawatts (GW) in 2023 and 4,448 GW last year. Increasing global green energy capacity will be critical to achieving climate goals and decarbonizing the global economy. To achieve these goals as quickly as possible, countries will have to increase the efficiency with which they use green energy from…

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