Spain Launches €405 Million Support Scheme for Renewables and Clean-Tech Manufacturing

Spain has unveiled two new funding programs totaling €405 million to accelerate its energy transition and strengthen domestic clean-technology manufacturing. Managed by the Ministry for the Ecological Transition (MITECO) and IDAE, the initiatives aim to replace fossil fuels with renewable energy while positioning Spain as a competitive hub in Europe’s clean-tech value chain.

Alphabet Acquires Intersect to Secure Clean Energy for AI

Alphabet, the parent company of Google, has completed a US$4.75 billion acquisition of Intersect, a clean energy and data center infrastructure developer, signaling a major strategic push to secure renewable energy for its rapidly expanding artificial intelligence (AI) data centers.

Renewables Account for 25.2% of EU Energy Use in 2024

In 2024, renewable energy sources accounted for 25.2% of the European Union’s gross final energy consumption, marking an increase of 0.7 percentage points compared with 2023, according to data released by Eurostat. While this growth reflects continued progress in the EU’s

Solar Energy in Brazil Costs a Fraction of U.S. Prices

A recent study by Solfácil reveals a striking cost difference between residential solar energy systems in Brazil and the United States. According to the analysis, a typical 7 kWp rooftop solar system in Brazil costs just over R$16, while the same system can cost nearly R$130 in the United