The UK government has shortlisted 27 hydrogen-powered projects in its second Hydrogen Allocation Round (HAR2) to scale low-carbon hydrogen production. These projects are expected to play a key role in decarbonising industries like ammonia production, clean power, glass and brick manufacturing, and sustainable aviation fuel. Together, the selected projects could help attract over €1 billion…
TotalEnergies has completed the acquisition of multiple renewable energy projects across Europe, Africa, and Canada. These include wind, solar, and hydropower assets in partnership with VSB Group, SN Power, and RES. In Europe, the acquisition of VSB Group adds 500 MW of capacity that is either installed or under construction, along with a development pipeline…
Global coal power additions in 2024 dropped to their lowest level in two decades, according to a new report by US-based think tank Global Energy Monitor (GEM). Despite the slowdown, the overall coal fleet still grew, driven mainly by new capacity in China and India. GEM’s Global Coal Plant Tracker found that 44.1 gigawatts (GW)…
Shell has decided to discontinue its solar and onshore wind power generation projects in Brazil, citing a portfolio adjustment, as reported by Reuters. The move reflects challenges in the country’s renewable sector, including energy oversupply, slow demand growth, and regulatory uncertainties. Documents from Brazil’s official gazette indicate that Shell is seeking to revoke rights for…
Norges Bank Investment Management (NBIM) will acquire a 49% stake in two offshore wind projects, Nordseecluster in Germany and Thor in Denmark, for €1.4 billion ($1.5 billion) from RWE. The deal, subject to regulatory approvals, is expected to close by the third quarter of 2025. RWE will retain a 51% stake and continue as the…
Electricity prices fell across most major European markets last week, according to AleaSoft Energy Forecasting. The consultancy recorded price declines in Belgium, Britain, the Netherlands, France, Germany, Nordic countries, Portugal, and Spain. Italy was the only exception. In most analyzed markets, weekly average prices dropped below €85 ($91.56)/MWh. However, Britain and Italy remained above this…
US-based Type One Energy has released the physics design basis for its Infinity Two stellarator fusion power plant, marking a critical step in advancing fusion energy. The published design, the first of its kind, outlines the operational parameters necessary for a practical fusion pilot plant and provides a foundation for external review and collaboration within…
The government of Poland has approved draft legislation to relax restrictions on building onshore wind farms, moving towards fulfilling a 2023 election promise to accelerate renewable energy growth, Reuters reported. The proposed changes, pending parliamentary approval, would reduce the required distance between wind installations and residential areas while maintaining stricter permitting rules near national parks…
China has missed a key carbon emissions target, casting doubt on its ability to meet long-term climate goals. The country’s carbon intensity, emissions per unit of GDP, fell 3.4% in 2024, short of the 3.9% target set by Beijing, according to the National Bureau of Statistics. This setback also puts China behind on its broader…
The Federal Government of Nigeria (FGN) has announced plans to increase the country’s power transmission capacity from 8,500 MW to 10,000 MW by the end of 2026. On March 4, 2025, Nigeria recorded its highest peak power generation of 5,801.84 MW, which was successfully transmitted to distribution centres nationwide. As per Nigeria’s Integrated Resource Plan…