Tesla Energy’s 13.7 GWh Quarter: More Batteries, Less Revenue
Tesla’s energy division shipped 13.7 GWh of storage systems in the third quarter of 2026, a 10% increase compared with the previous quarter, yet revenue fell 16% to $2.88 billion. The company cited tariff-related customer refunds as a contributing factor in its investor letter, offering no detail on amounts or recipients. Gross profit for the […]
Ukrainian Contractor Delivers 120.78 MW Solar Park in Latvia for Green Genius
Solar Steelconstruction, a Ukrainian engineering and construction company, has completed a 120.78 MW utility-scale solar facility in Latvia on behalf of European renewable energy developer Green Genius. The project involved installing 183,000 photovoltaic modules on custom-fabricated steel mounting structures. The scale of the installation places it among the largest solar parks in the Baltic region. […]
Egypt’s Minya Province to Gain Africa’s Largest Solar Complex in $265 Million Financing Package
A $265 million financing package will fund construction of a 1.2 GW solar farm paired with a 600 MWh battery system in Egypt’s Minya province — a scale that would make it the largest solar facility on the African continent. EBRD anchors the deal with $160 million in direct lending, joined by $75 million from […]
Budderfly and Schneider Electric Plan Self-Financing Energy Overhaul for 100 U.S. Cities
Energy services company Budderfly has unveiled a plan to modernize power infrastructure in roughly 100 small and mid-size American municipalities, with project costs recovered entirely from the energy savings generated — rather than from upfront municipal spending. The initiative, called Modernizing American Cities, was introduced at the annual conference of the International City/County Management Association. […]
New York Backs $111.5M for First Zero-Carbon District Heat Pilots
After four years of pressure from environmental and labor organizations, New York State regulators have approved $111.5 million to fund the state’s first pilot thermal networks running on zero-carbon technology — an early proof-of-concept for a strategy that UpgradeNY coalition advocates hope will eventually shift entire neighborhoods away from fossil gas. The Public Service Commission […]
US Justice Department Backs Permit Challenges for Three East Coast Offshore Wind Projects
Legal pressure on US offshore wind has escalated well beyond permitting delays and tax credit rollbacks. The Department of Justice has begun filing court motions in support of wind energy opponents, asking federal judges to remand project permits back to regulators for additional review — including for facilities that already hold full federal licensing. The […]
French Economic Affairs Committee Moves to Shield Renewable Energy Contracts From Retroactive Cuts
A committee of France’s National Assembly has pushed back against a government plan that would have allowed early termination of green tariff contracts signed between 2006 and 2010, backing an amendment that would keep those agreements intact. The government had sought to save €120 million by modifying contracts covering solar and other renewable installations above […]
Twelve Projects Selected for EU Innovation Fund 2025 — Nearly €895m in Grants Awaiting CINEA Negotiations
Twelve clean-technology initiatives have earned places in the 2025 Innovation Fund competition, collectively seeking close to €895 million in EU grants. Selection does not settle the final amounts: each project will enter individual negotiations with the executive agency CINEA before funding is formally confirmed. Battery manufacturing claims three of the twelve spots. In Spain, PowerCo […]
