Core Insights - Clean energy ETFs have performed well in 2023, with the iShares Global Clean Energy ETF (ICLN) showing a year-to-date increase of 33.3% [2] Group 1: Performance Metrics - The iShares Global Clean Energy ETF (ICLN) tracks the S&P Global Clean Energy Transition Index, reflecting strong market interest in clean energy investments [2] Group 2: Management and Expertise - The profile of the analysis is managed by Manika Premsingh, who leads the investing group Green Growth Giants and has over 20 years of experience in investment management, stock broking, and investment banking [2]

American asset manager Nuveen plans to spend as much as $330 million on a solar and battery project in Australia within the next year, as political uncertainty clouds the outlook for clean energy in the US https://t.co/mGFxgPGXFm ...

Core Insights - OCI Energy has successfully closed construction financing for Project Alamo City, a significant battery energy storage system in Texas with a planned capacity of 120 MW and a 4-hour duration, aimed at enhancing grid reliability [1][3] - The financing package was underwritten by ING, which played a crucial role in advancing the project from concept to construction, including a construction-to-term loan and a tax equity bridge loan [2][3] - The project is expected to enter commercial operation in Q3 2027 and is backed by a 20-year Storage Capacity Agreement with CPS Energy, the largest municipally-owned utility in the U.S. [4] Company Overview - OCI Energy is a leading developer, owner, and operator of utility-scale solar and battery energy storage projects, aiming to accelerate the clean energy transition with a target of up to 10 GW by 2028 [5] - The company has a diverse nationwide portfolio and focuses on providing energy assets that drive economic growth and security for communities across the U.S. [5] Financial Partnership - The partnership between OCI Energy and ING Capital LLC is highlighted as a strong collaboration that facilitates innovative financing to support the energy transition [3] - ING Capital LLC serves as the sole coordinating lead arranger and administrative agent for the financing, showcasing its commitment to renewable energy projects [2][3]

Industry Overview - The global renewable energy industry is experiencing significant growth due to soaring clean electricity demand from sectors like transportation, rapid AI-driven data center growth, and declining installation costs for solar and wind technologies [2] - Clean power surpassed 40% of global electricity generation in 2024, with global stationary energy storage installations surging 40% to a record 170 GWh [3] - The energy storage market is becoming an essential component of modern energy infrastructure, driven by declining battery costs, government incentives, and an increasing volume of renewable projects [2][3] Future Projections - BNEF expects global power generation from renewables to rise 84% by 2030 and double again by 2050, with global energy storage additions projected to grow 35% this year [5] - Strong policy support, fiscal incentives, and declining installation costs are enhancing the competitiveness of clean energy firms, enabling sustainable long-term value creation [6] Company Highlights - **Sunrun**: Leading provider of home battery storage and solar systems, with a networked solar energy capacity of 7,949 MW as of June 30, 2025. Subscriber additions increased 15% year over year in Q2 2025, with a net subscriber value expansion of 182% [7][8] - **DTE Energy**: Michigan's largest producer and investor in renewable energy, completed construction of 80 MW Pine River Solar Park and 100 MW Polaris Solar Park in Q2 2025. Plans to invest $10 billion in clean energy generation over the next 10 years, targeting 900 MW of renewables added per year [10][11] - **Ameren**: Invests in cleaner energy sources, recently broke ground on a 2.5 MW solar facility in Peoria. Aims to expand its renewable portfolio by adding 3,200 MW of renewable generation by 2030 and 1,000 MW of battery storage by the end of 2030 [13][14]

When you think of solar power, you probably think of energy from the sun on the ground. But what if we could also get solar power from outer space. Technology is making that dream a reality.Heck, outer space is closer to the sun than we are. Dian Holic is here with a continuing series on climate startups. It's a fascinating story, Diana.>> Yeah, Brian. I mean, it sounds sci-fi and in fact, the first idea was floated in an Isaac Asimov short story back in the 1940s. satellites using lasers to basically shoot ...

HOUSTON, Sept. 22, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR), a company focused on clean energy innovation, today announced that it has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) pursuant to the Securities Exchange Act of 1934. Filing the Form 10 is an important milestone in HyOrc’s capital markets strategy. Becoming a fully reporting SEC issuer will enhance transparency for shareholders, increase access to a wider pool of investors, and pave ...

Core Insights - Petrobras, in collaboration with WEG SA and Statkraft AS, has launched Brazil's most powerful onshore wind turbine, a 7-MW unit located in Bahia, marking a significant advancement in the country's renewable energy sector [1][9]. Strategic Investment in Renewable Infrastructure - The project represents a total investment of BRL 130 million, led by Petrobras with support from the Brazilian Development Bank and the Federal Government, highlighting a strong public-private commitment to clean energy [2]. - This investment underscores Petrobras' proactive approach to energy transition and its commitment to low-carbon business diversification [6][7]. High-Efficiency Wind Technology Built by WEG - The 7-MW turbine, engineered by WEG, can generate approximately 2,500 MWh of electricity monthly, sufficient to power 15,000 households, showcasing its efficiency and potential to reduce fossil fuel dependency [3][9]. Key Milestone for Statkraft's Seabra Wind Farm - The turbine installation is part of the modernization of the Seabra Wind Farm, integrated into the 95.2-MW Brotas de Macaubas Complex, enhancing energy output and serving as a testing ground for future turbine deployments [4][10]. Innovation Under the R&D Clause of Oil and Gas Contracts - The project was initiated under the R&D clause of oil and gas concession agreements, facilitating innovation and knowledge transfer from the oil and gas sector to emerging energy technologies [5]. Commitment to Low-Carbon Diversification - The launch of the wind turbine is a key milestone in Petrobras' energy transition strategy, reinforcing its commitment to future renewable projects and low-carbon diversification [6][14]. Future of Wind Energy in Brazil - This turbine serves as a prototype for future high-capacity installations across Brazil and Latin America, setting a precedent for local manufacturing and job creation in the clean energy sector [12][13]. - The operational insights gained from this project will inform the design and deployment of next-generation wind energy infrastructure in Brazil [13]. Conclusion: A Giant Leap Toward a Sustainable Energy Economy - The installation of the 7-MW wind turbine is a monumental achievement for Petrobras, WEG, and Statkraft, reflecting Brazil's ambition to embrace clean energy and build a sustainable energy matrix [14].

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to provide an update on the status of its previously announced $6,000,000 proposed financing with a single institutional investor (the "Offering").Since announcing the Offering, the Company and the institutional investor have been engaged in an ongoing financing review process with the TSX Venture Exchange (the "TSXV") regarding the structure and doc ...

Core Viewpoint - The Henan State-owned Capital Operation Group is actively promoting green development and innovation in the energy sector, focusing on the dual carbon goals and the development of the province's new energy industry through the establishment of the Henan Zhongyu Green New Energy Company. Group 1: Green Transformation Initiatives - The company is providing customized services for the green transformation of key sectors such as steel, aluminum, advanced manufacturing, modern agriculture, and state-owned energy enterprises through integrated source-network-load-storage solutions [3][4]. - A partnership with Baowu Group has been established to invest in source-network-load-storage projects, supplying stable green electricity to Baowu Aluminum and effectively reducing carbon emission intensity [4]. - The company is also collaborating with Muyuan Group to develop distributed photovoltaic projects for the entire pig farming industry chain, and has won a bid for a source-network-load-storage project with Yongmei Group to support the green transformation of state-owned energy enterprises [4]. Group 2: Virtual Power Plant Development - The company is a pilot unit for load aggregators (virtual power plants) in the province, exploring a development path driven by technology, market forces, and state capital [5]. - Zhongyu Green has built a virtual power plant operation platform that integrates distributed resources such as photovoltaic power, energy storage, and charging stations, covering over 240 enterprises with a load adjustment capacity of 800,000 kilowatts and an annual electricity consumption of approximately 23 billion kilowatt-hours [7]. - The virtual power plant aims to enhance energy utilization efficiency, ensure power security, and reduce energy costs, with an expected reduction of 0.08 yuan per kilowatt-hour for industrial enterprises [8]. Group 3: Technological Innovation and Collaboration - The company emphasizes technological innovation as the core of green industry development, establishing a comprehensive and open technological innovation system [10]. - A new investment company has been formed to focus on strategic emerging industries, particularly in hard technology sectors, with a three-dimensional evaluation model for investment [10]. - The company has engaged in 20 collaborative projects with universities and research institutions, promoting the integration of capital, technology, and industry [11].

Core Insights - Iraq is inaugurating its first industrial-scale solar plant in Karbala province to address the ongoing electricity crisis, which has led to widespread blackouts [1] - The solar plant will cover approximately 400 hectares and is expected to generate up to 300MW of electricity at full capacity [1] - Additional solar projects are in progress, including a 225MW project in Babil province and a 1,000MW project in Basra [2] Group 1: Current Electricity Situation - Iraq's electricity consumption reached about 55,000MW earlier this year, while current production is up to 28,000MW, including 8,000MW from natural gas imported from Iran [4] - The US has ended a sanctions waiver that allowed Iraq to purchase electricity directly from Iran, complicating the energy supply situation [5] Group 2: Strategic Initiatives - The solar projects are part of a broader strategy to meet Iraq's electricity demands through large-scale solar power, aiming to reduce reliance on traditional energy sources and mitigate environmental impacts [3] - The combined capacity of solar schemes under construction, approval, or negotiation in Iraq is 12,500MW, which could supply around 20% of the country's total electricity demand, excluding Kurdistan [3]