February 24 Energy News

February 24, 2025

Science and Technology:

¶ “New New Perovskite Solar Treatment Cuts The Cost Of Solar Power By 10%” • Despite Pres Trump’s views, falling costs are keeping renewables head toward domination of the global economy. Most recently, the US startup BlueDot Photonics has created a perovskite solar formula that allows a 16% increase in the solar conversion efficiency. [CleanTechnica]

UbiQD solar panel (UbiQD image)

World:

¶ “Omoda & Jaecoo Finally Launches Its EVs In The Philippines” • “Finally.” That was the feeling when Omoda & Jaecoo, an old “newcomer” to the Philippine automotive scene, finally launched its operations and first models in the country at a posh venue in Manila. For the past two years, the brand has been teasing the local market. [CleanTechnica]

¶ “Efficiency Gains Will Give BMW Neue Klasse Electric Cars 30% More Range” • BMW claims its Neue Klasse electric cars, which will go on sale this year, will be 20% more efficient than its existing EVs and will have longer range for that reason. That is important to some people because gasoline is so much more energy dense than batteries. [CleanTechnica]

BMW Neue Klasse EV (BMW image)

¶ “Wind Turbine Market To $235.22 Billion By 2030, Demand For Renewable Energy Is Surging” • The Wind Turbine Market size was valued at $138.14 billion in 2023 and the total revenue is expected to grow at 7.9 % through 2024 to 2030, reaching nearly $235.22 billion. As investments continue to rise, these factors are fueling strong growth. [openPR.com]

¶ “UK Net Zero Growth Outstrips Overall Economy” • The net zero sector is growing three times faster than the overall UK economy, analysis commissioned by the Energy and Climate Intelligence Unit shows. The net zero economy grew by 10% in 2024 and generated £83 billion in gross value added, with £28.8 billion directly from net zero businesses. [reNews]

Solar array (EDF image)

¶ “NTPC And EDF To Collaborate On Renewable Energy And Pumped Storage Projects” • NTPC Ltd and EDF India are to collaborate to develop, construct, own, operate, and maintain pumped storage projects and hydro power projects bundled with other renewable energy projects and explore opportunities in the distribution business. [pv magazine India]

¶ “EU Support To Boost Ukraine Renewables Expansion” • The European Commission offered a support package to Ukraine to secure its energy system and enable its full integration within the European energy market. This package will allow for the full coupling of Ukraine’s electricity market, together with Moldova’s, with the EU by early 2027. [reNews]

Commission President Ursula von der Leyen (EC image)

¶ “Construction Kicks Off On Landmark NSW BESS” • New South Wales’ New England region is transforming its energy, and one part of that is its first large battery system. The 200-MW, two-hour battery is the first of two planned systems to be built by Energy Vault. It is to be sited at ACEN Australia’s 720-MW New England Solar project. [Energy Magazine]

¶ “Scotland’s Renewable Share Is The Best In Europe – So Why Are Energy Bills So High?” • Scotland’s renewable technologies covered 113% of its overall electricity demand in 2022, according to statistics from the Scottish Government. The reason is that bills are so high is that energy is a reserved matter, Scotland cannot create its own market. [inkl]

Whitelee wind farm (Rosser1954, CC-BY-SA 3.0)

¶ “Adani Green Powers Up 250-MW Solar Project In Rajasthan” • Adani Green Energy Limited announced that its wholly-owned subsidiary has increased its operating renewable capacity in Rajasthan. In a bourse filing, the company said Adani Green Energy Twenty Four Limited has operationalized its solar power project of 250-MW in Jaisalmer. [Asian Power]

¶ “Nuclear Plan May Miss Nation’s Energy Goal By A Decade” • Australia could miss its zero-emission energy target by more than a decade if it pursues nuclear power, according to a Climate Change Authority report, and could add two billion tonnes of carbon emissions to the environment by 2050. It could help increase the speed of climate change. [Yahoo]

Wind turbines (Dan Meyers, Unsplash)

US:

¶ “Big Oil Must Deliver The Goods Under Landmark Climate Litigation Ruling” • A federal magistrate judge has ruled that a first-of-its-kind lawsuit against ExxonMobil, Shell, and other leading oil firms can proceed to the discovery stage, opening a window into a decades-old curtain of industry efforts to keep the public in the dark about climate change. [CleanTechnica]

¶ “Manufacturers Continue To Move To Renewable-Powered Production” • The US is making renewables. Domestic solar module manufacturing grew in 2024 to over 50 GW, enough to meet all US demand, with five manufacturing facilities in Texas, Alabama, Florida, and Ohio. And the US is making solar cells for the first time since 2019. [CleanTechnica]

Making solar panels (Courtesy of First Solar)

¶ “Texas Lawmakers Scramble To Stop Solar Energy But It Just Keeps Coming” • Last year was another banner year for solar energy in Texas, and 2025 is heading for more of the same, in spite of the threat of anti-renewable legislation. Texas lawmakers tried and failed to pass an anti-renewable bill in the last session. Now they are trying again. [CleanTechnica]

¶ “Nuclear Dreams Dim: Why NuScale Power’s Descent Matters” • Once a promising beacon in the nuclear energy landscape, NuScale now stands as a testament to how swiftly fortunes can change on the market floor. Its stock price has fallen 17.5%, as news came that the US DOE has reduced its budget by $124 million, stifling investments. [Jomfruland.net]

Have a finely fashioned day.

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