Israel has finalised financial arrangements for its largest solar power project near Dimona in the Negev Desert, with approvals from the Energy and Finance ministries and the Electricity Authority. The 265 MW photovoltaic plant will be developed by EDF Renewables across around 3,000 dunams (740 acres). The project will supply electricity at below NIS 0.065…
The European Commission has completed the first round of activities under the Hydrogen Mechanism, part of the EU Energy and Raw Materials Platform. The initial phase recorded strong participation from both hydrogen producers and offtakers, indicating growing interest in structured market development. In this round, 265 supply-side projects were registered, covering renewable and low-carbon hydrogen…
The Asian Development Bank (ADB) has launched new energy and digital infrastructure initiatives worth $70 billion to be implemented by 2035. The programme aims to connect regional power grids, expand cross-border electricity trade, and strengthen broadband infrastructure across Asia and the Pacific. The announcement was made by ADB President Masato Kanda at the 59th Annual…
British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has released a new five-year strategy centred on mobilising private capital for the energy transition. A key element is British Climate Partners, a £1.1 billion platform designed to attract large-scale private investment into climate projects across developing Asian economies and support progress…
Kalpataru Projects International Limited (KPIL) has completed the acquisition of the remaining 35% equity stake in its Saudi Arabian joint venture, Kalpataru Projects Arabia Company (formerly Kalpataru IBN Omairah Company Limited), making it a wholly owned subsidiary. The company informed stock exchanges that the transaction follows receipt of all required approvals in Saudi Arabia. KPIL…
Kairos Power has broken ground on its Hermes 2 demonstration plant in Oak Ridge, Tennessee, after securing test reactor construction permits from the Nuclear Regulatory Commission (NRC) in November 2024. The project is expected to start operations by 2030 and could become the first NRC-licensed non–light water reactor to generate electricity. The site event also…
Zodiac Energy Limited has received a Letter of Intent (LOI) from an international entity to execute a turnkey solar project in Lusaka, Zambia. The project includes a 6 MWp DC / 5 MW AC ground-mounted solar photovoltaic (PV) plant and a 1 MWh battery energy storage system (BESS). The contract is valued at USD 3,288,000,…
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the largest single solar installation in Southeast Asia and the country’s first utility-scale mountainous PV development. Developed by China General Nuclear Power Group (CGN), the project is Phase I of the Northern Laos Clean Energy Base and is located…
Germany’s Federal Network Agency (Bundesnetzagentur) has published results from its February 1, 2026 tender rounds for onshore wind and solar installations on buildings and noise barriers. Onshore wind The round drew heavy competition, with 924 bids totalling 7,858 MW, more than double the 3,445 MW on offer. Contracts went to 439 projects covering the full…
Chinese inverter and energy storage manufacturer Sungrow has signed an agreement with Herholdt’s Group to deploy 1,155 MWh of commercial and industrial (C&I) battery energy storage systems (BESS) across South Africa. The rollout will be executed in phases and will cover a range of C&I use cases. Financial terms of the agreement were not disclosed….