Policy

The Australian government has allocated an additional AU$2 billion (US$1.25 billion) to its green bank, the Clean Energy Finance Corporation (CEFC), to support renewable energy generation and energy storage.

The US Department of Energy’s (DOE) Loan Programs Office (LPO) announced two conditional commitments and one loan closing in Puerto Rico, totalling over US$1.2 billion.

The majority of American and Chinese companies are “prepared” for global supply chain disruption following the inauguration of Donald Trump.

President Trump has signed orders to revoke parts of the IRA, examine trade relations with China and withdraw from the Paris agreement.

Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has opened a tender seeking 2GW of large-scale and floating solar PV.

The letter said the IRA has brought “significant investments in the health of our economy" and US$500 billion in manufacturing investments.

The domestic content bonus could attract bipartisan political support and insulate the IRA ahead of Donald Trump's inauguration next week.

These programmes are Empowering Rural America and Powering Affordable Clean Energy, with investments in rural communities across 30 US states.

Mexico aims to add 27GW of new electricity generation between 2025 and 2030 with “a large percentage of renewable energy”.

Following a US government forced labour investigation, Europe's Solar Stewardship Initiative has launched its own inquiries.