The California Public Employees’ Retirement System (CalPERS), the largest pension fund in the United States, is making significant strides towards its ambitious goal of investing over $100 billion in climate solutions. As of last week, the fund had invested $53 billion in climate solutions, with an
In the wake of growing concerns over climate change and its devastating impacts, innovative solutions to mitigate carbon dioxide levels in the atmosphere are becoming increasingly critical. Project Concho, a pioneering initiative in Tom Green County, Texas, is set to lead the charge with a
The utility-scale solar market in the United States is on the verge of significant growth and fluctuations, as the American Clean Power Association's (ACP) latest report indicates. This report projects that 2024 will witness a record high of over 32 GW of installations, partly fueled by the
State utility regulators in the United States are grappling with the dual challenge of maintaining affordable electricity while transitioning to cleaner energy sources. This balancing act is complicated by increasing demand, significant infrastructure investments, and the impacts of climate change.
In Q3 2024, U.S. clean energy investments reached an unprecedented $71 billion, representing a 12% year-over-year increase and a 2% rise from Q2 2024, according to a report by the research firm Rhodium Group published on Thursday. This sector's investment accounted for 5% of total U.S. private
As New York City, the nation's largest metropolitan area, grapples with the challenges of increasing electrification and substantial commercial projects like data centers, the New York Independent System Operator (NYISO) anticipates significant electricity shortfalls by 2033 and 2034. According to
