June 30, 2025
By George Richardson
Our monthly energy transition wrap-up: a succinct snapshot of the global landscape sharing articles on market shifts, sector sentiment, and emerging trends, with additional features from industry leaders.
June 2025 - Nothing But Net Zero Download
In this month's edition:
In June, London Climate Action Week brought global leaders together amid growing urgency around the energy transition. Headlines across the sector reflected a mix of policy pressure, innovation, and shifting investment priorities.
In the UK, the government committed £200 million to revive the Acorn carbon capture project, while Siemens Energy warned that record-breaking offshore wind auctions are essential to meet 2030 targets. Labour’s Reeves Review positioned net zero as a core pillar of future economic strategy.
In the U.S., the clean hydrogen sector faces uncertainty. With 45V hydrogen tax credits under political threat, nearly 250 firms and unions are urging Congress to protect them. The Wall Street Journal warned that America risks losing clean tech leadership.
In the Middle East, the MENA Steel Forum spotlighted growing scrutiny of hydrogen’s role in decarbonisation. A standout message: “Green steel is not green if it runs on fossil fuels.” Oman targets 30% renewable electricity by 2030, while solar demand grows across data centres. In Asia, BayWa r.e. and Tigo Energy launched high-efficiency solar systems, Canadian Solar saw profits fall 92%, and Plug Power secured a 2GW green hydrogen deal in Uzbekistan.