May 27, 2025
U.S. House Passes Bill Threatening Clean Energy Tax Credits and Investment
The House-approved “One Big Beautiful Bill Act” accelerates the phaseout of clean energy tax credits, potentially stalling renewable energy projects and investments across the United States.
U.S. House of Representatives passed the “One Big Beautiful Bill Act,” a budget reconciliation bill that significantly impacts the renewable energy industry. The legislation accelerates the phaseout of clean energy production and investment tax credits, imposing a 60-day window for new projects to begin construction to qualify for incentives. It also restricts leasing arrangements and transferability mechanisms crucial for financing renewable projects. Industry experts warn that these changes could halt or delay numerous clean energy initiatives, leading to job losses and hindering the nation’s progress toward a sustainable energy future. Read more.
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Jul 14, 2025
India Achieves 50% Non‑Fossil Power Capacity Five Years Ahead of Target
India has reached 50% of its installed electricity capacity from non-fossil sources—solar, wind, hydro, and nuclear—marking a major milestone well ahead of its 2030 clean energy goal.
Jul 11, 2025
China Introduces First Renewable-Energy Targets for Steel, Cement, Polysilicon & Data Centres
China’s National Development and Reform Commission rolled out its first Renewable Portfolio Standards (RPS) for heavy industry—steel, cement, polysilicon—and new data centers, mandating significant renewable power use by province.