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Steel, cement, aviation, and shipping are among the hard-to-abate sectors, accounting for about 40% of global emissions. This article explores how to translate climate ambitions into concrete emission reduction actions through localized strategies, innovation hubs, and transformations in the global energy market.
In 2025, global energy supply grew by 1.7%, with renewable energy becoming the largest source of growth for the first time, of which solar energy contributed 71% of the growth. However, fossil fuels still accounted for 86% of the total supply, and carbon emissions continued to rise.
Three major utility companies in Massachusetts have signed long-term contracts with developers for three large-scale energy storage projects, with a total capacity of 1,068 MW/4,472 MWh, marking an important step for the state toward its 5 GW energy storage goal.
According to the latest data from the Energy Research Institute, renewable energy will become the largest source of global energy supply growth in 2025, but the expansion of fossil fuels and policy regression in the United States pose challenges to the global decarbonization process.
In mid-2026, multiple breakthroughs emerged in the global clean energy sector: Google signed a 200MW solar PPA, the world's largest 16MW floating wind turbine was installed, electricity prices in Spain fell due to renewable energy, New York advanced a climate responsibility bill targeting oil companies, and BYD led the UK electric vehicle market. This article summarizes recent key developments and analyzes their systematic impact on the energy transition.
This article analyzes how geopolitics offsets local headwinds through heterogeneity among countries, keeping the global energy transition curve on an upward trend, and proposes implications for energy systems, investment, and policy-making.
The market value of the green economy has exceeded $10 trillion for the first time, marking clean energy and sustainable development as the third largest industry in the world. This article analyzes the driving forces behind this milestone, its impact on energy systems, and future challenges.
Deloitte's 2026 Renewable Energy Industry Outlook points out that against the backdrop of policy changes, the industry focus is shifting to infrastructure construction and project execution, and market participants need to cope with uncertainties in incentive policies and supply chain challenges.
The latest report from the London Stock Exchange Group (LSEG) shows that the global green economy market value exceeded $10 trillion for the first time in 2025, with green revenue growth hitting a new high since 2022, driven primarily by electrification and energy security.
In the first quarter of 2026, driven by grid modernization and clean energy construction, Europe accounted for seven of the top ten private equity deals in the global architecture and engineering sector, setting new quarterly highs in both deal count and value.
PitchBook believes that volatility in oil and gas prices and geopolitical risks are strengthening the near-term economics of clean energy and are driving capital to pay more attention to energy startups with existing assets, energy storage integration, and localized supply chain capabilities.
Based on the ECIU report “The race for net zero,” this article analyzes how the scale, industrial structure, and investment pipeline of the UK net-zero economy reflect deep changes in the energy system, and discusses their impact on the power grid, energy storage, industrial competitiveness, and policy stability.