1、Renewable Energy Information——US lifts ban on New York offshore wind project after natgas pipe compromise
According to Reuters on May 20, the Trump administration has lifted a month-old stop-work order on Empire Wind, a $5 billion wind farm project off the coast of New York, in a compromise with the state that could also see cancelled plans for a gas pipeline revived.
Norway's Equinor said construction work can now resume on the project, which is expected to provide power for half a million homes from 2027 onwards.
2、Renewable Energy Information——CATL Shares Surge 12.55% on Hong Kong Debut
CATL made a strong debut on the Hong Kong Stock Exchange on 20 May, opening at HK$296 — 12.55% above its offer price of HK$263.
The listing comprised 135 million shares (excluding the greenshoe option), marking one of the largest IPOs in Hong Kong in recent years.
3、Renewable Energy Information——Utility SSE cuts investment plans by $4 billion due to project delays
According to Reuters on May 21, British utility SSE cut its five-year investment plans by 15%, or 3 billion pounds ($4.04 billion), reflecting project delays, supply chain disruptions and also changes in the economic outlook.
SSE has reduced its investment in green energy to around 17.5 billion pounds, with its renewables division taking the biggest hit with a 1.5 billion pound cut.
4、Renewable Energy Information——US redirects Puerto Rico solar power funds to oil plants
According to Reuters on May 21, the Trump administration will halt funding of $365 million awarded during the previous administration for rooftop solar power in Puerto Rico and redirect it to fossil fuel burning plants and maintenance of infrastructure.
The move marks a significant shift in energy policy, halting renewable energy initiatives backed by former President Joe Biden.
5、Renewable Energy Information——Colombia floats exempting some renewable energy projects from environmental license requirement
According to Reuters on May 22, Colombia could exempt some renewable energy projects from requiring environmental licenses, Energy and Mines Minister Edwin Palma said on Thursday, in a bid to unblock pending investments from government red tape.
Leftist President Gustavo Petro has vowed to carry out a transition away from fossil fuels toward clean energy during his administration, but more than half of renewable energy investments are stalled due to licensing bottlenecks.
6、Energy Storage Information——TotalEnergies starts its largest European solar project
According to Reuters on May 22, French oil major TotalEnergies has started up a cluster of five solar projects in Seville, Spain, in what will be the company's largest solar project in Europe, it said on Thursday. The five sites have a total capacity of 263 megawatts and will produce 515 gigawatt-hours of renewable electricity annually — enough to power 150,000 households.
7、Electric vehicles Information——Tesla ranks to 95th in brand reputation poll due to Musk
On 23 May 2025, Tesla has dropped 32 places to 95th in the 2025 version of the Axios Harris poll of brand reputation, scoring just 61.3 — ranking below UnitedHealth, Temu and BP. The decline due to the toxicity of Musk himself, whose behaviour continues to negatively impact the image of Tesla and his other ventures.
8、Renewable Energy Information——Pakistan allocates 2,000 megawatts of electricity to bitcoin mining, AI data centres
According to Reuters on May 25, Pakistan will allocate 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power bitcoin mining and AI data centres.
The initiative is spearheaded by the Pakistan Crypto Council (PCC), a government-backed body, which is part of a broader strategy to monetize surplus electricity, create high-tech jobs, and attract foreign investment.
9、Energy Storage Information——China Launches First Large-Scale Lithium-Sodium Hybrid Energy Storage Plant in Yunnan
On 25 May, China’s first large-scale lithium-sodium hybrid energy storage facility commenced operations in Wenshan, Yunnan Province. As part of a national pilot programme for new energy storage technologies, the project covers an area equivalent to five football pitches and has a total capacity of 400 MWh. It is capable of supplying up to 580 million kWh of electricity annually — enough to power approximately 270,000 households — with renewable sources accounting for 98% of the energy generated.
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The US lifting the ban on the NY offshore wind project is a step in the right direction. But redirecting Puerto Rico's solar funds to oil plants is backward. SSE cutting its investment due to delays is understandable. It makes me wonder how these changes will impact the overall renewable energy push globally. And what's the deal with Colombia potentially exempting some renewables from environmental licenses?