Donald Trump is paying Invenergy $765 million to abandon its four offshore wind leases, following a pattern of attempts to hinder wind development in the US. This move comes after the administration dismissed its appeal in a legal challenge against Trump's executive order to ban wind development. Trump had previously paid TotalEnergies $1 billion to abandon offshore wind development in March 2026. The deal is under investigation by Senator Whitehouse and Democratic Senators. The Sierra Club has [...]

The Solar Energy Corporation of India (SECI) has invited bids for 4,800MWh of firm and dispatchable renewable energy (FDRE) capacity supported by co-located energy storage systems. The tender, designated FDRE-IX, seeks developers capable of delivering assured renewable electricity during peak demand periods. Projects must be connected to the interstate transmission system (ISTS) and meet specific requirements, including a minimum contracted capacity of 50MW and a maximum of 600MW. Bid submissions will close on 20 July 2026.

Fossil fuels account for approximately 40% of maritime tonnage, but about half of the energy used in freight shipping due to their long-haul bulk trades. This distinction is crucial in understanding the maritime energy transition, as shipping fuel demand is driven by transport work rather than just tons loaded at ports. The decline of fossil fuel cargoes will remove a larger share of ocean work and fuel burned, making it unnecessary to find a one-for-one replacement fuel [...]

Critical Energy, a startup founded by SpaceX alum Spencer Jackson, has raised $22 million to develop modular turbines for geothermal power plants. The company aims to fill a gap in the market by providing turbines tailored to geothermal power plants, with the funds earmarked to build its first 2.5 megawatt project. Geothermal energy has significant potential, with at least 42 terawatts of capacity available worldwide, and Critical Energy hopes to play a key role in its development. [...]

China has launched a massive electric container ship, the Ningyuan Dian Kun, which operates with zero emissions and achieves speeds of 11.5 knots. The 10,000-DWT ship measures over 419 feet in length and has a capacity of 740 TEUs. It is powered by ten containerized batteries delivering 19,000 kWh, which can be recharged via a shore power hookup or swapped out for fully-charged containers. The ship implements intelligent systems, including autonomous navigation and route planning, allowing it [...]

Budderfly, an energy-as-a-service company, has partnered with Viridi to install 100 battery energy storage systems at commercial sites nationwide. The first phase will begin with deployments in Massachusetts, Connecticut, and California, supporting various businesses, including restaurants and retail locations. The goal is to modernize energy infrastructure, improve efficiency, and strengthen resiliency without requiring upfront capital investment. The systems will help reduce peak demand, improve energy cost predictability, and increase resilience during grid stress events. This initiative is [...]

Solar manufacturing capital expenditures in the USA have significantly increased from $150 million in 2020 to an estimated $2.5 billion in 2026, driven by the Inflation Reduction Act of 2020 and tariffs that have pressured the industry to build a domestic supply chain. The trend towards localization and domestic production is expected to continue, with polysilicon remaining a constraint for the domestic value chain due to its high capital intensity and longer construction timelines.