NewsRoom Articles - Page 19 of 82

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…

ThursdayMay 22, 2025 9:00 am

Freight Trains Could Haul Clean Energy to Different Locations

Freight trains could be used to circumvent grid connection bottlenecks by hauling batteries filled with renewable energy across the country. Despite a massive increase in America’s green energy capacity, a significant portion of the country’s renewable energy still isn’t connected to the grid due to transmission and interconnection bottlenecks. Instead of waiting several years to connect to the grid, green energy projects could deliver their energy to end users via freight train. This is possible due to battery technology advancements that have made modern batteries smaller, more compact, energy-dense, and safer. Stakeholders have poured billions of dollars into researching and…

TuesdayMay 20, 2025 11:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) CEO Discusses Business Model, Competitive Advantage During GotStocks Podcast

CEO Dr. Richard Lu discussed SolarBank’s vertically integrated business model on a recent GotStocks podcast. SolarBank is an expanding developer, builder, operator, and owner of clean energy projects across North America, maintaining a $184 million portfolio of assets generating recurring revenue. The company’s flexible supply chain strategy helps mitigate any tariff risks while reducing costs. Going forward, a recently announced up to $100 million transaction with CIM Group is set to fund up to 97 MW of U.S. community solar projects. Disseminated on behalf of SolarBank Corporation Dr. Richard Lu, CEO of SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer…

TuesdayMay 20, 2025 9:00 am

How the Adoption of EVs is Reshaping the Worldwide Demand for Oil

The global adoption of battery electric vehicles (BEVs) is having a notable effect on oil demand across several key markets. Oil has been the primary source of energy for the transport industry for over a century, and a large portion of the world’s infrastructure grew around the extraction, refining, and distribution of oil and petroleum products. Although this reliance on oil has significantly contributed to premature atmospheric heating and accelerated climate change, fossil fuels were integral to the transport sector and several other energy-intensive industries. As automobiles became common and urban centers across the globe increasingly centered their infrastructure around…

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…

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