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Scatec enters 15-year CfD agreement for 190MW solar portfolio in Romania

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Scatec has signed a 15-year contract-for-difference (CfD) agreement with Romanian electricity market operator Opcom to secure pricing for almost 70% of its 190MW solar portfolio in Romania.  The remaining electricity will be sold on the Romanian wholesale market. The CfD agreements were awarded during Romania’s inaugural CfD auction, financed by the EU Modernisation Fund. This initiative supports EU member states in achieving energy objectives. In this first round, 1.5GW of solar and wind capacity were…

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Convergent Energy secures loan for solar and BESS projects in Puerto Rico

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Convergent Energy and Power has secured a $584.5 million loan from the US Department of Energy (DOE) to develop solar and battery storage systems in Puerto Rico.  The funding is part of the Energy Infrastructure Reinvestment program, under the Inflation Reduction Act, which supports projects that repurpose or replace energy infrastructure to reduce emissions and improve environmental outcomes. Convergent will install a 100MW solar photovoltaic (PV) system and a 55MW/55MWh battery storage system in Coamo,…

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Indonesia to increase power capacity by 71 GW by 2034

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Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment.  The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable energy generation, according to Energy Minister Bahlil Lahadalia. The strategy is part of PLN’s 2025-2034 power supply plan, which includes 48,000km of circuit transmission lines, supporting 60% of new power plants to be developed by private entities,…

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Trump declares ‘national energy emergency,’ reverses policies to ‘drill, baby, drill!’

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President Donald Trump announced the United States’ withdrawal from the Paris Climate Accord for the second time, citing it as a “one-sided rip-off.” The move, made after his swearing-in, also included a “national energy emergency” declaration aimed at expanding drilling in the world’s top oil and gas producer. Trump vowed to scrap vehicle emissions standards and halt offshore wind farms, which he has frequently criticized. Trump directed federal agencies to reject international climate finance commitments…

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Trump halts new offshore wind leases, calls wind farms ‘big, ugly windmills’

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President Donald Trump has temporarily suspended new federal leases for offshore wind energy projects, citing concerns over costs, aesthetics, and wildlife impacts.  The executive order mandates a comprehensive environmental and economic review of offshore wind development on the US outer continental shelf. Trump criticized wind energy, stating, “They’re the most expensive form of energy by far. They kill birds and ruin beautiful landscapes.” However, the suspension does not affect existing offshore wind projects by companies…

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Taiwan cuts Taipower subsidy, raising electricity cost concerns

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Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers, Bloomberg reported. The Democratic Progressive Party (DPP), led by President Lai Ching-te, lost its parliamentary majority in 2024, allowing the opposition Kuomintang (KMT) and Taiwan People’s Party to propose significant budget cuts. These include a record T$214.7 billion ($6.55 billion) reduction across various allocations. Taipower warned…

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JA Solar secures deal for Africa’s largest PV-storage project

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JA Solar has signed a 1.25GW module supply agreement with China Energy Engineering Corporation (CEEC) for Africa’s largest photovoltaic (PV) and storage project in Egypt.  The agreement, finalized during the World Future Energy Summit 2025 in Abu Dhabi, makes JA Solar the exclusive supplier of high-efficiency n-type PV modules for the Abydos Phase II 1GW+600MWh PV-storage project. The project, developed by AMEA Power and constructed by CEEC, spans 20 km² and is set to generate…

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SEFE and Höegh Evi to develop clean hydrogen supply chains in Europe

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Securing Energy For Europe (SEFE) and marine infrastructure provider Höegh Evi have signed an MoU to establish international supply chains for clean hydrogen, with a focus on ammonia-based transportation. The collaboration will encompass sourcing ammonia, shipping it to floating import terminals, and converting it into hydrogen using Höegh Evi’s ammonia-to-hydrogen cracker.  SEFE will manage global sourcing and hydrogen demand aggregation, while Höegh Evi will develop midstream infrastructure, including floating terminals. The initiative aims to supply…

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AFRY secures FEED contract for 1GW Liivi Bay offshore wind farm

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Enefit Green has selected AFRY to provide front-end engineering design (FEED) services for the 1GW Liivi Bay offshore wind farm in the Gulf of Riga, Estonia. The project aligns with Estonia’s renewable energy strategy and aims to enhance energy independence. The FEED phase, running until 2028, will include detailed site assessments, site layout optimization, foundation design, transport and installation planning, and electrical system design, including the offshore substation. AFRY will collaborate with Enersea, JBO, and…

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Plenitude acquires 49% stake in California solar and storage projects

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Plenitude, through its US subsidiary Eni New Energy, has signed an agreement with EDP Renewables North America LLC to acquire a 49% equity stake in two photovoltaic plants and an electricity storage facility under construction in California, US. The projects include the Sandrini 100 and Sandrini 200 solar farms, along with the Sandrini BESS storage facility. These plants share grid connection infrastructure and have a combined installed capacity of 499 MWdc, with Plenitude’s share amounting…