Accelerating Carbon Abatement

Canary Media reports that colocated renewable energy projects, which pair generation with grid batteries on the same site, attracted a record $25 billion of investment in the first half of 2026, according to new global data from BloombergNEF. The category is dominated by solar-plus-storage, and the $25 billion figure is nearly double the previous record set in the second half of 2025, reflecting rapidly growing interest in batteries. The article explains that pairing storage with solar helps address solar's core weakness, its variable output, by letting a project behave more like an on-demand power plant that can ramp up or down based on grid needs and prices. The U.S. is highlighted as a leading market for colocated solar-plus-storage, coming off its best quarter ever for grid battery installations, though the piece notes that colocated projects still make up a relatively small share of overall renewable investment and that offshore wind investment fell sharply over the same period… Click below to read more