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.

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

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

Eolus has reached an agreement with a privately-held US renewable energy producer to sell its Pome battery energy storage project located in Poway, California, US.

NTPC REL has secured 1GW capacity in a solar photovoltaic (PV) power project auction held by Uttar Pradesh Power Corporation in India.