US states advance renewables despite setbacks
Author: PPD Team Date: September 5, 2025
Author: PPD Team Date: September 5, 2025
US states and companies are continuing renewable energy efforts despite federal policy rollbacks under President Donald Trump, according to a Climate Council report. China, meanwhile, is emerging as a global clean energy leader.
California, powered two-thirds by clean energy, remains a national climate leader, while Texas is the top US wind producer. Across the country, 84% of companies maintain climate commitments, with 37% increasing targets.
China has cut emissions in the first half of 2025 and contributed to a 1% global climate pollution reduction in 2024. Its solar and wind capacities have grown rapidly, reaching 2030 targets six years early.
Australia could gain A$190 billion ($124.1 billion) in exports with a stronger 2035 climate target, while other major economies are adapting to shifts toward renewables.
Global renewable investment is projected at A$3.4 trillion in 2025, double fossil fuel spending. Renewable generation is expected to surpass coal by 2025–26 and nearly double by 2030.
China’s coal generation fell 3.4% year-on-year in the first half of 2025, even as the country continues building coal plants.
Author: PPD Team Date: December 11, 2025 Torrent Power Limited has signed a long-term Sale and Purchase Agreement with JERA Company Incorporated of Japan for the supply of up to 0.27 million metric tonnes per annum of liquefied natural gas. The agreement will run for ten years starting in 2027. Torrent Power said the LNG will support two key activities within the group. The supply will fuel the company’s 2,730 MW gas-based generation portfolio, which…
Author: PPD Team Date: June 16, 2025 CIL India Limited (CIL) has incorporated a new joint venture company, CIL Rajasthan Akshay Urja Limited, on June 12, 2025, to develop renewable energy projects in Rajasthan. The joint venture has been formed under a Joint Venture Agreement (JVA) signed between CIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The JV company will focus on developing, constructing, and operating solar power projects (SPPs), pumped storage projects (PSPs),…
Author: PPD Team Date: May 20, 2025 Seven companies have been shortlisted to bid for two major power projects in Oman, valued at OR880 million (US$2.28 billion). The tender process is being overseen by Nama Power and Water Procurement Company, the country’s sole buyer of power and water. The shortlisted firms include ACWA Power (Saudi Arabia), Korea Western Power, Marubeni Corporation (Japan), Nebras Power (Qatar), and others from the United Arab Emirates, China, and South…
Author: PPD Team Date: June 26, 2025 Servotech Renewable Power System Limited has secured a contract worth Rs 600 million from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for setting up 16 MW of grid-connected rooftop solar projects across the state. The award was made on 24 June 2025. The project scope includes design, engineering, supply, installation, testing, commissioning, and insurance of rooftop solar systems ranging from 1 kW to 500 kW. The systems will…
Author: PPD Team Date: February 9, 2026 Power Finance Corporation Limited (PFC) has initiated a major restructuring following the Union Budget 2026–27, with its Board approving in-principle a merger with its subsidiary, REC Limited. The Board has also approved the withdrawal of PFC’s nominee director from the board of PTC India Limited, along with the surrender of all related promoter rights. In regulatory filings dated February 6, 2026, PFC informed stock exchanges that its Board…
Author: PPD Team Date: October 29, 2025 RWE has completed the demolition of two cooling towers at the Gundremmingen nuclear power plant in Bavaria on 25 October, marking a key step in its decommissioning. Specialists from a German blasting firm carried out the operation using 600 kilograms of explosives in 1,800 boreholes. About 56,000 tonnes of debris will be processed into recycled gravel. Around 30,000 people observed the blast, which was declared complete at 1.24…