Global

Global | News

China’s coal power falls in 2025 as renewables scale up
By January 21, 2026January 21, 2026

China’s coal based power generation declined in 2025, marking its first annual fall in a decade, even as total electricity consumption reached a record high. The shift reflects the growing role of renewable energy in meeting demand, according to government data reported by Reuters. Data from the National Bureau of Statistics (NBS) showed that thermal power generation, dominated by coal, declined by 1% in 2025 to 6.29 trillion kWh. The slowdown was sharper in December,…

Read More China’s coal power falls in 2025 as renewables scale up
Global | News

UK awards 8.4 GW offshore wind capacity in CfD Round 7
By January 20, 2026January 20, 2026

The United Kingdom Government has awarded contracts for 8.4 GW of new offshore wind capacity under its seventh Contracts for Difference allocation round. The round is expected to attract £3.4 billion in private investment and support up to 7,000 jobs across the country. Allocation Round 7 (AR7) is expected to deliver enough electricity to power more than 12 million homes. The programme includes £204 million of public funding through the Clean Industry Bonus, aimed at…

Read More UK awards 8.4 GW offshore wind capacity in CfD Round 7
Global | News

Standard Chartered prices €1 billion inaugural green bond
By January 16, 2026January 16, 2026

Standard Chartered plc has priced its inaugural Green Bond, raising €1 billion to finance and refinance environmentally sustainable projects, with a strong emphasis on emerging markets. The issuance represents the bank’s fifth Sustainable Finance transaction and its first focused solely on green projects. The proceeds will be deployed in line with Standard Chartered’s Sustainability Bond Framework, covering renewable energy, green buildings, energy efficiency, and climate resilient infrastructure. The offering attracted strong investor interest, with the…

Read More Standard Chartered prices €1 billion inaugural green bond
Global | News

Grenergy wins 2.1 GWh storage contracts in Poland
By January 15, 2026January 15, 2026

Grenergy, a Spanish clean energy producer, has secured capacity contracts for five standalone energy storage projects in Poland with a combined capacity of 2.1 gigawatt-hours (GWh). The contracts were awarded through an auction conducted by Polskie Sieci Elektroenergetyczne (PSE), Poland’s electricity system operator. The company said the awards represent more than 11% of the total storage capacity offered in the auction. The five projects, named Fred, George, Lucius, Hagrid and Harry, will have a combined…

Read More Grenergy wins 2.1 GWh storage contracts in Poland
Global | News

China commissions 500 MW hybrid energy storage project
By January 13, 2026January 13, 2026

China has commissioned a large scale hybrid energy storage facility in the northwest of the country, marking a milestone in the use of combined battery and supercapacitor technologies for grid support. The Jiayuguan NingSheng 500 MW/1,000 MWh independent energy storage project was connected to the grid on 30 December 2025. The project is located in Jiayuguan, Gansu province, within the Jiaxi photovoltaic industrial park, and is owned and operated by a subsidiary of the China…

Read More China commissions 500 MW hybrid energy storage project
Global | News

Meta signs nuclear energy agreements with Oklo, TerraPower and Vistra
By January 13, 2026January 13, 2026

Meta has announced agreements with Oklo, TerraPower and Vistra following its nuclear request for proposal process to support new and existing nuclear energy projects in the United States. The company said the agreements aim to add clean and reliable power to electricity grids while supporting its growing data centre and artificial intelligence operations. The projects are expected to support up to 6.6 GW of new and existing clean energy capacity by 2035 and create thousands…

Read More Meta signs nuclear energy agreements with Oklo, TerraPower and Vistra
Global | News

China revises export VAT rebates for solar and battery products
By January 12, 2026January 12, 2026

The Ministry of Finance and the General Administration of Taxation of China have announced changes to the export value added tax (VAT) rebate policy for photovoltaic (PV) and battery products. Under the revised framework, export VAT rebates will be withdrawn for a range of PV products from 01 April 2026. For battery products, the export VAT rebate rate will be reduced from 9% to 6% from the same date and will be fully eliminated from…

Read More China revises export VAT rebates for solar and battery products
Global | News

U.S. withdraws from ISA and key clean energy groups
By January 12, 2026January 12, 2026

The United States has announced its withdrawal from the United Nations Framework Convention on Climate Change (UNFCCC) and more than 60 international treaties and organisations, stating that these memberships no longer align with U.S. interests. The exit covers several major climate and energy institutions. These include the UNFCCC, the 1992 treaty that underpins global climate cooperation, the Intergovernmental Panel on Climate Change (IPCC), the International Renewable Energy Agency (IRENA), and the International Solar Alliance (ISA),…

Read More U.S. withdraws from ISA and key clean energy groups
Global | News

Nordex wins orders across France, Belgium, Portugal, Germany, and Spain
By January 9, 2026January 9, 2026

The Nordex Group closed 2025 with a substantial series of orders for onshore wind projects across Europe, totalling over 884 MW of new capacity. The contracts span multiple countries and include long-term service agreements for the turbines. In late 2025, Nordex secured contracts for 15 projects in France, Belgium, and Portugal. The orders cover 78 turbines with a combined capacity of more than 414 MW and include multi year service and maintenance agreements. Deliveries are…

Read More Nordex wins orders across France, Belgium, Portugal, Germany, and Spain
Global | News

Japan begins commercial operations at first floating offshore wind farm
By January 7, 2026January 7, 2026

Japan has started commercial operations at its first floating offshore wind power project, with Goto Offshore Wind Farm Special Purpose Company (SPC) announcing that the facility off Goto City in Nagasaki Prefecture is now online, marking a significant step in the country’s renewable energy programme. Goto Offshore Wind Farm is the first project in Japan to receive full approval under the Marine Renewable Energy Sea Area Utilisation Act. The approval was granted by the Minister…

Read More Japan begins commercial operations at first floating offshore wind farm