NewsRoom Articles - Page 15 of 76

ThursdayMay 01, 2025 9:00 am

Why Energy Bills in the UK are Rising Despite a Surge in Clean Energy Generation

Energy prices in the United Kingdom (UK) are on the rise despite a nationwide increase in renewable energy generation. A recent announcement by regulator Ofgem has revealed that the average UK family is spending 6% more on energy bills this month, forcing thousands of homes to dig deeper into their pockets even though the UK is producing more clean energy than ever. According to Energy Secretary Ed Miliband, the 6% price cap increase is due to the fact that the UK is still reliant on fossil fuel markets. Consumer electricity prices in the UK are typically affected by the wholesale…

TuesdayApr 29, 2025 9:00 am

UK Courts Investors Coming to Attend Renewable Energy Summit

The United Kingdom (UK) is courting investors attending the Renewable Energy Summit to secure much-needed financing for its burgeoning renewable energy industry. With the United States becoming increasingly hostile to renewables under President Donald Trump's decidedly anti-green energy strategy, UK leaders are looking to woo investors who might have invested in the American market under more favorable conditions. Transitioning to clean energy is one of the UK's most important energy goals, and the government is going to great lengths to prepare the country for a mass transition to green and sustainable energy. However, given the astronomical costs involved in launching…

FridayApr 25, 2025 9:00 am

How Pacific Countries are Adopting Clean Energy Practices

As countries worldwide move to phase out fossil fuels in favor of renewables, Pacific nations are adopting a variety of clean energy strategies to keep pace with the global green transition. While these nations may lack the financial power of larger economies, they’ve taken innovative steps to promote renewable energy generation and use. One major focus for Pacific countries is solar energy. The falling cost of solar inputs over the past two decades has made it a viable option for nations seeking low-cost, non-polluting alternatives to fossil fuels. Papua New Guinea, for instance, has worked to expand access to affordable,…

ThursdayApr 24, 2025 11:15 am

Zacks Initiates Coverage on SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2)

Despite policy uncertainty, demand for scalable solar and storage solutions in North America remains strong, especially in commercial and community sectors, the Zacks report says. The company has a development pipeline exceeding 1 GW and is aiming to triple its owned capacity in the next two years. SolarBank is expanding from solar EPC services into independent power production (“IPP”) and battery energy storage systems (“BESS”). Disseminated on behalf of SolarBank Corporation Zacks Small-Cap Research has launched coverage of SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and…

ThursdayApr 24, 2025 9:00 am

Group Says Trump Policies Have Triggered Cancellations Worth $8Bn in Clean Energy Investments

A renewable energy business group has revealed that the Trump administration's policies have led to the cancellation of approximately $8 billions’ worth of green energy investments. President Donald Trump, who expressed strong anti-renewable energy sentiments in the lead-up to the November 2024 presidential election, has since moved to dismantle many clean energy policies implemented under the previous administration. In addition to rolling back domestic climate policies, Trump has imposed a series of increasingly punitive import tariffs on China, currently the world’s largest producer of green energy infrastructure. These trade barriers have caused major disruptions across clean energy supply chains and…

TuesdayApr 22, 2025 9:00 am

Google Signs Geothermal Energy Agreement, the First Ever in Asia

American tech giant Google has signed the first-ever geothermal energy agreement in Asia, a major milestone in the firm's quest to incorporate green energy into its increasingly energy-intensive operations. The Mountain View, California-based company signed the corporate power purchase agreements (PPAs) with Baseload Capital, a global developer that specializes in delivering geothermal energy, to provide 10 MW of carbon-free energy to the Taiwanese electricity grid. This non-stop supply of clean energy would be used to support the power needs of Google data centers and operations based in Taiwan. The recent agreement builds on Google's historic 2019 agreement for solar energy…

MondayApr 21, 2025 9:00 am

US Renewable Energy Overtakes Fossil Fuels in March

The United States reached a major clean energy milestone in March after renewable energy sources supplied more electricity to the national grid than fossil fuels. According to new data from the energy think tank Ember, clean energy accounted for just over half of America’s electricity mix, surpassing fossil fuels for the first time in history. The shift highlights the momentum of renewable energy adoption, even amid efforts by the current administration to scale back climate initiatives. President Donald Trump and his administration have consistently opposed climate action and are working to reverse several clean energy policies implemented by the previous…

ThursdayApr 17, 2025 9:00 am

The Global South Doubles the Global North’s Renewable Energy Growth Rate

A new RMI report has found that countries in the Global South are experiencing a surge in clean energy investment. In the past, many renewable energy experts cautioned against concentrating most of the world’s clean energy funding in developed nations of the Global North. However, new research now shows that the Global South's renewable energy growth rate is twice the rate seen in the Global North. The Global South includes Southeast Asia, South Asia, Africa, and Latin America. RMI’s report found that green energy investments in the Global South were seven times larger than fossil fuel investments, compared to a…

ThursdayApr 17, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Taps Data Center Veteran Jonathan Martone to Guide Data Center Market Expansion Strategy

Martone will assist with evaluating and sourcing U.S. and Canadian sites, focusing on power availability, connectivity, and operational feasibility. The move reflects SolarBank’s strategy to align with AI-driven data demand and to integrate clean energy solutions with digital infrastructure. The company has reaffirmed its U.S. focus to reduce exposure to tariffs on imports from China, Mexico, and Canada. SolarBank’s recent $49.8 million deal with Qcells underpins its commitment to “Made in America” infrastructure. 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…

TuesdayApr 15, 2025 9:00 am

Could Global Climate Action Be Derailed by Trump’s Tariffs?

The Trump administration’s series of escalating trade tariffs have the potential to derail global efforts to combat climate change. With President Donald Trump's tariffs injecting significant volatility into the global economy, some experts fear the tariffs could lead to a major trade war that may hinder the world’s climate goals. President Trump has been an outspoken critic of climate action and frequently condemned the Biden administration for investing billions into expanding America's green energy capacity and installing critical renewable energy infrastructure. The GOP president was quick to reverse many of the previous administration's climate-related policies and has rescinded billions of…

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