Nathan Picarsic, co‑founder of Horizon Advisory, told Energy‑Storage.news at the 2026 US Battery Asset Management and Solar & Storage Finance Summits that recent U.S. legislation allowing tax‑credit transferability is reshaping renewable‑energy financing. The change creates a “secondary tranche” that lets non‑traditional investors—such as private equity and pension funds—participate alongside classic tax‑equity banks, broadening capital sources and accelerating project pipelines. At the same time, escalating U.S.–China tensions are forcing developers to weigh domestic‑content tax incentives against the speed and [...]

The European Commission has leaked a draft of its post‑2023 hydrogen policy that replaces mandatory national quotas for renewable fuels of non‑biological origin (RFNBOs) with an EU‑wide indicative target and a credit‑based mechanism. The preferred option removes binding state‑level consumption goals while keeping overall financing and enabling measures, allowing demand to be met through tradable credits rather than fixed quotas. The impact assessment also revises projected electrolytic hydrogen use for 2040 to 18 million tonnes, midway between low [...]

Bastø Electric entered service on Norway’s busy Moss‑Horten ferry route in March 2021 as the world’s largest all‑electric ferry, a 139.2‑metre vessel with a 4.3 MWh battery capable of carrying 600 passengers and 200 cars. Over five years it has operated alongside converted ferries Bastø IV and Bastø VI, forming a mixed fleet that now handles roughly 75 percent of the route’s 36,000 daily departures. The route moves about four million passengers and two million vehicles annually across a 10‑kilometre crossing that takes half [...]

Kairos Power announced that Samsung C&T will partner to construct a 50‑megawatt demonstration nuclear reactor for Google, targeting completion by 2030. Samsung will contribute up to $100 million in equity and in‑kind engineering services, with $70 million as a cash equity stake. The collaboration leverages Samsung’s experience on a dozen reactors worldwide. Kairos, already building two reactors in Oak Ridge, Tennessee—Hermes 1 (a low‑power test unit) and Hermes 2 (its first commercial‑scale plant)—will deliver the first 50 MW of power under its [...]

Hyundai Heavy Industries (HD Hyundai) announced an investment exceeding 1 trillion won (about $720 million) to build two new production facilities in Ulsan, South Korea. One plant will manufacture the company’s HiMSEN power‑generation engines, targeting a 3‑gigawatt capacity for emergency generators and distributed power systems driven by the rapid expansion of artificial‑intelligence data centers. The second facility will produce core components for small modular reactors (SMRs), positioning Ulsan as a hub for next‑generation nuclear technology. Construction is slated to [...]

A four‑day study tour by Philippine maritime officials to Norway followed the 2025 Norway‑Philippines Electric Ferries Conference, where Norwegian companies and Philippine agencies explored electric and hybrid ferry technology. The delegation visited operating electric ferries, met operators, and examined Norway’s decade‑long experience, which includes 180 vessels on 100 routes. The trip produced a partnership to prototype an electric‑hybrid ferry under the EU‑supported TrAM project, aiming to tailor solutions to the Philippines’ diverse waterway needs.

DNV’s 2050 Maritime Forecast projects that international ships above 400 gross tonnes will need roughly 185 million tonnes of oil equivalent of low‑GHG fuel, equating to about 7.7–7.8 exajoules. The report acknowledges that shore power, plug‑in hybrids, and fully electric vessels could further cut fuel demand, yet these electrification pathways are excluded from the headline calculation. DNV notes over 1,500 battery‑equipped vessels in operation and 371 on order, primarily ferries, but remains cautious about large‑scale battery propulsion.