Keywords: Renewable energy
Danish wind turbine manufacturer Vestas Wind Systems reported a stronger-than-expected increase in its first-quarter profit, supported by a faster ramp-up in offshore wind turbine production. The company posted an operating profit before special items of 127 million euros, significantly higher than......
The Asian Development Bank (ADB) has announced a major $70 billion investment programme aimed at transforming energy and digital infrastructure across the Asia-Pacific region by 2035. The plan focuses on strengthening cross-border electricity networks, expanding renewable energy capacity, and improving......
A surge in oil prices triggered by the conflict involving Iran is driving an unprecedented acceleration in the global transition to renewable energy, according to the United Nations’ top climate official. The sharp rise in fossil fuel costs is reshaping energy strategies worldwide, as governments......
South African electricity utility Eskom and mining and metals group South32 have announced a joint initiative to develop a renewable energy strategy for the Hillside aluminium smelter, with implementation expected from 2031. The Hillside plant, located on South Africa’s east coast, is one of the......
A major step in Europe’s energy transition has been taken in Finland, where the continent’s first lithium mine dedicated to battery production has officially begun operations. The project is seen as a strategic move to reduce dependence on imported raw materials used in electric mobility......
Adani Green Energy has reported a significant rise in quarterly profit, driven by strong electricity sales and expanding operational capacity. The company, part of the broader Adani Group, posted a consolidated net profit of 34.2 billion rupees (about 362.8 million US dollars) for the quarter ending......
International Energy Agency reported that solar power became the largest contributor to global energy supply growth in 2025, marking the first time a modern renewable source has led expansion in primary energy demand. Solar accounted for more than 25 percent of the increase in global energy consumption,......
The conflict involving the United States, Israel and Iran has accelerated global investment in battery storage, intensifying a shift already underway in power systems worldwide. Falling battery costs and rising electricity demand, driven in part by data centers, had set the stage for rapid expansion.......
Tesla Inc. is expected to rely increasingly on its energy storage business to support overall performance as its core automotive division faces pressure from shrinking profit margins and declining regulatory credits. The company’s energy segment, which includes large-scale battery systems and......
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