wind
Apr 23, 2025
Global Renewable Energy Soars to Record Highs in 2024—But Is It Enough
In 2024, global renewable energy capacity grew by a record 585 GW—driven largely by solar and wind—but still falls short of the pace needed to meet 2030 climate goals.
The International Renewable Energy Agency (IRENA) reported that 2024 saw an unprecedented 585 gigawatts of new renewable energy capacity added globally, marking a 15.1% annual growth rate—the fastest on record. Solar and wind power dominated, with China contributing nearly 64% of the new capacity. Despite this milestone, the world remains behind schedule to triple renewable capacity by 2030, a key target under the Paris Agreement. Experts emphasize the need for accelerated and equitable clean energy adoption to meet climate objectives and ensure global access to affordable, sustainable power. Read more.
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wind
Jul 19, 2025
BP Sells U.S. Onshore Wind Business, Retreating from Green Energy
BP has agreed to offload its U.S. onshore wind assets—covering 10 wind farms powering over 500,000 homes—to LS Power, as it pivots back toward oil and gas amid financial pressures and underperformance in its green-energy arm.
wind
Jul 7, 2025
Trump Issues Executive Order Ending Wind & Solar Tax Subsidies
President Trump signed an executive order mandating federal agencies to enforce the termination of wind and solar tax credits after 2026 and adjust Interior policies perceived as favoring renewables.