Today's Green Daily newsletter looks at a ready fix for solar power blackouts https://t.co/PDIh7aVHHs ...

The fix for solar power blackouts is already here - so why are so few countries investing in it?@akshatrathi explains https://t.co/oSO6llLWKm https://t.co/RNvQjC7elZ ...

Meta signed a deal yesterday with solar developer Silicon Range to develop a $100 million, 100-megawatt solar farm in South Carolina.The new renewable installation will power Meta’s planned AI data center in the state which is expected to cost $800 million. Both the data center and the solar plant are expected to begin operations in 2027. Most of the equipment for the solar farm will be made in the U.S., according to the companies.The new deal is the eighteenth such agreement signed between Meta and Silico ...

Core Insights - Scatec reported strong financial results in Q2 2025, with proportionate revenues increasing by 51% to NOK 2,302 million and EBITDA rising by 19% to NOK 1,130 million, reinforcing its position in the renewable energy sector [1][3] Financial Performance - Power production revenues reached NOK 1,312 million, up from NOK 1,045 million, with EBITDA of NOK 1,110 million compared to NOK 873 million, driven by strong performance in the Philippines [2] - Consolidated revenues and other income for the second quarter were NOK 1,316 million, with EBITDA at NOK 1,027 million and a net profit of NOK 314 million, a significant improvement from a loss of NOK 33 million [8] Strategic Developments - The Development & Construction (D&C) segment generated revenues of NOK 976 million, significantly up from NOK 470 million, with a gross margin of 11.4% [4] - Scatec secured a record 846 MW solar power award in South Africa and a 123 MW/492 MWh battery storage project, increasing its total backlog to 3.2 GW [5] - A new 25-year Power Purchase Agreement for a 900 MW onshore wind project in Egypt was secured, along with successful long-term project financing for a hybrid project [6] Debt Management - The company repaid USD 30 million in corporate debt during Q2 and an additional USD 85 million post-quarter, reducing gross corporate debt by approximately 26% to NOK 6.8 billion [7] Future Outlook - Full year 2025 proportionate power production is estimated at 4.0 - 4.3 TWh, with an unchanged EBITDA estimate of NOK 4.15 - 4.45 billion [10]

15 August 2025 Bernstein Energy & Power: Is there enough power to meet AI growth? Neil Beveridge, Ph.D. +852 2123 2648 neil.beveridge@bernsteinsg.com Nikhil Nigania +91 226 842 1414 nikhil.nigania@bernsteinsg.com Deepa Venkateswaran, ACA +44 207 676 6990 deepa.venkateswaran@bernsteinsg.com Guillaume Delaby +33 1 42 13 62 29 guillaume.delaby@bernsteinsg.com Irene Himona, Ph.D. +44 20 7762 5353 irene.himona@bernsteinsg.com Bob Brackett, Ph.D. +1 917 344 8422 bob.brackett@bernsteinsg.com Is there enough power ...

Q1 FY26 Results Presentation August 14, 2025 Disclaimer Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "w ...

Renewable Energy Growth - Solar and wind power are experiencing "unstoppable" global growth [1]

Industry Trend - Solar and wind power are experiencing "unstoppable" global growth [1]

Renewable Energy Growth - Solar and wind power are experiencing "unstoppable" global growth [1] Industry Outlook - The report highlights the continued expansion and dominance of solar and wind energy in the global energy market [1]

Industry Trend - Solar and wind power are experiencing "unstoppable" global growth [1]