Solar is the main clean power game in town

Three-quarters of global renewables capacity additions in 2024 came from solar energy. Solar accounted for the vast majority of newly built renewable power generation capacity in 2024, an indicator that the relatively cheap, flexible clean technology is outstripping beleaguered renewables...

Global banks’ capital rises, liquidity dips

As profits rise, banks boost capital strength, dividend payout ratios. Large, global banks increased their capital ratios in 2024, but liquidity coverage declined a bit, according to a new report from the Basel Committee for Banking Supervision. The group of global...