energy-transition

Enovos approved the FID for LuxHyVal, a 5 MW electrolyzer in Bascharage backed by the EU Clean Hydrogen Partnership. Construction starts Q4 2026, commissioning in 2027.

In May 2026, solar supplied 12.8% of US electricity versus coal's 12.2% — the first month solar has outgenerated coal, according to Ember.

In April 2026, wind and solar produced 531 TWh globally versus gas's 477 TWh — the first month ever that renewables topped gas in global electricity generation.

California batteries discharged 12,000+ MW in late March 2026, equal to 12 nuclear plants and over 40% of state demand, as installed capacity climbs past 16 GW.

China Huaneng Group fully energized the 504 MW Shandong Peninsula North L offshore wind farm on April 7, 2026, installing 42 twelve-megawatt turbines on jacket foundations in 52 to 56 meters of water — the deepest fixed-bottom offshore wind project ever built in China.

Wind, solar, and hydropower collectively generated more electricity than natural gas on the US grid in March 2026, a first in recorded history.

The International Renewable Energy Agency's latest data shows the world added a record 692 gigawatts of renewable power capacity in 2025, bringing renewables to 49 percent of total global installed capacity and within reach of the halfway mark for the first time.

Cox Automotive data shows new EV sales dropped to 212,600 units in Q1 2026, while used EV sales climbed 12 percent to 93,500 units with prices approaching parity with gas vehicles.

The world installed a record 814 GW of wind and solar capacity in 2025, a 17 percent increase over 2024, lifting total global capacity past 4 terawatts for the first time while wind and solar overtook fossil fuels in EU electricity generation.

The second Nuclear Energy Summit in Paris brought four new signatories to the Declaration to Triple Nuclear Energy, with the EU announcing a 200 million euro guarantee for advanced reactor investment.

Carbon TerraVault has completed construction of carbon capture equipment at Elk Hills and targets first CO2 injection in spring 2026, marking a milestone for California's carbon management ambitions.

Stellantis disclosed a $26 billion charge to reverse its EV strategy, bringing combined Ford, GM, and Stellantis EV writedowns past $53 billion as Detroit cedes ground to BYD and Tesla.