Energy storage finance fell 41%, year-to-June, despite rebound in project deals
Political uncertainty and new trade tariffs have been cited by Mercom Capital Group as dampening activity.
USDA announces it will discontinue funding solar projects
The U.S. Department of Agriculture has awarded billions in Rural Energy for America Program (REAP) grants for solar projects. Secretary Brook Rollins said the agency will no longer deploy funds to solar and wind projects.
Global EV charging ports to grow 12% annually through 2040, says Wood Mackenzie
EV charging ports are forecast to grow to over 206 million ports deployed by 2040, reaching a $300 billion market, said the report.
Grid transformers face significant supply deficits, says Wood Mackenzie
Power transformer supply may fall short 30% this year, while distribution transformers may reach a 10% supply deficit in 2025, said the firm.
Global solar inverter manufacturer rankings
Quality assurance firm Sinovoltaics updated its inverter manufacturer financial stability ranking with APSystems (Yuneng Technology), Sinexcel, and Eaton in the top three spots.
Growing electricity demand collides with uncertainty in renewables policies
A Reuters white paper outlines disruptive shifts in the U.S. power market.
What nonprofits need to know about new solar rules in Trump’s big bill
A tax expert shared valuable information for non-profits about safe harbor timelines, FEOC restrictions and the congressional process that brought about sweeping changes to federal solar rules.
Tesla remains top global battery energy storage system integrator
Tesla retained the top spot for global market share of battery energy storage systems, though the gap is closing in the “incredibly intense” competitive landscape, said Wood Mackenzie.
Global electricity demand to rise in 2026 as renewables lead, says IEA
Global electricity demand is set to rise more than 3% per year through 2026, driven by growth in Asia and greater use across industry, data centers, and transport, with renewables, gas, and nuclear meeting most of the increase, says the International Energy Agency (IEA).
Federal budget bill to cut residential solar in half through 2030, said Wood Mackenzie
The One Big Beautiful Bill Act policy changes could cut installations by up to 46%, but long-term market has “massive potential.”
