The US Treasury published its final rules on clean hydrogen production, providing clarity for producers seeking to qualify for the clean hydrogen production tax credit of up to $3 per kilogram.

The US Treasury department announced the final rules for the section 45V Clean Hydrogen Production Tax Credit.

UK consumers are anticipated to incur more than £1.8bn ($2.25bn) in grid constraint payments by 2025, as reported by Bloomberg.

German electrolysis manufacturer Sunfire has secured guaranteed financing of €200m ($207.6m) to advance its electrolysis technology.

The 577MW Fox Squirrel Solar project, located in Madison County, Ohio, US, has reached full operational status.

Hithium partnered with Samsung C&T Engineering & Construction to capitalise on the growing demand for energy storage solutions worldwide.

China’s Trina Solar has reportedly set a new world record for the conversion efficiency of solar modules.

The US government is taking necessary steps to remove restrictions on Indian nuclear entities to deepen energy ties with India.

A recent winter storm in the US has caused significant power outages across the central and southern US, affecting over 189,000 homes and businesses.

The CIB committed $224.2m in loans to support Port Hawkesbury Paper Wind in constructing a wind farm project in Nova Scotia, Canada.

Renalfa IPP, a Vienna-based renewable energy company, has acquired a 258MWac solar photovoltaic (PV) project in Teleorman, Romania.

UAE-based renewable energy developer AMEA Power has secured two battery energy storage system (BESS) projects in South Africa.