The Utilities for Net Zero Alliance, comprising major utilities and partners, announced a joint commitment to invest more than $116 billion annually in grids and renewable energy during New York Climate Week. The group, which includes companies like EDF Renewables, Siemens, and Ørsted, aims to scale renewable portfolios 2.6 times by 2030. With the support of organizations like IRENA and the UN Climate Change High-level Champions, the alliance focuses on overcoming barriers to achieve net-zero targets by 2050. The investment plan includes $60 billion yearly in renewables and over $56 billion in grid infrastructure. The partners also call for an expansion of the supply chain for power grids, wind, solar, hydropower, and storage, emphasizing the necessity of clear commitments from policymakers. In other renewable energy news, E3 Lithium commissions lithium carbonate reactors for battery-grade production, while Sage Geosystems secures a $1.9 million grant from the U.S. Air Force to test geopressured geothermal technology in Texas. Additionally, the EU introduces changes to hydrogen project auction rules to reduce dependence on China in the renewable energy supply chain.