European Corporate Renewable PPAs Slide for Second Year as Grid Bottlenecks Bite
Corporate power purchase agreements for renewable energy in Europe totalled 5.9 GW through October 2026, a 9.7% decline from the same stretch last year and the second consecutive annual drop — even as Brussels adopted an electrification action plan aimed at raising electricity’s share in final energy to 46% by 2040. The pullback unfolded against […]
Revolution Wind Reaches Full Operation as Eversource Manages Offshore Exit Costs
The 704-megawatt Revolution Wind offshore wind farm, situated off the southern New England coast, has entered full commercial service. Developer Ørsted brought the project to completion despite two stop-work orders from the Trump administration that caused construction setbacks. For Eversource Energy, the commissioning carries direct financial consequences. The utility divested its 50% stake in Revolution […]
European Heavy Industries Warn EU Carbon Rules Risk Accelerating Plant Closures
More than one hundred European companies from energy-intensive sectors have issued a joint letter warning that proposed changes to the EU’s emissions trading rules could speed up factory closures and the relocation of production beyond the bloc’s borders. Among the signatories are Covestro, Evonik, Wacker Chemie, Voestalpine, and Thyssenkrupp’s steel division. The companies argue that […]
Ukraine Opens Subsidized Loans for Home Solar and Backup Power
Ukraine has introduced a state-backed lending program that lets homeowners finance autonomous energy equipment while the government absorbs part of the cost. Launched through the єОпора platform under the “Energy Independence of Individuals” program, the scheme provides bank loans of up to 480,000 hryvnias repayable over as long as ten years. The instrument is credit […]
US Set to Add More Than 1 TW of Solar, Wind and Storage by 2036
The United States is on track to add more than one terawatt of new solar, wind and energy storage capacity between 2026 and 2036 — a build-out that would more than double the country’s combined fleet of those three technologies from its level at the end of 2025, according to a forecast by BloombergNEF. The […]
