Energy ministers from several European countries, along with industry leaders, have signed a joint declaration in Hamburg to scale up offshore wind capacity in the North Sea. The declaration sets an interim target of 100 GW as part of a broader effort to cut energy costs and strengthen regional energy security. Ministers from Belgium, Denmark,…
The World Bank Group has approved long term financing for the 1,125 MW Dorjilung Hydropower Project in Bhutan. The project is being developed as a joint venture between Tata Power and Druk Green Power Corporation (DGPC) under a public private partnership model. The project is expected to generate more than 4,500 GWh of clean electricity…
The Global Wind Energy Council (GWEC) announced that worldwide wind power installations are projected to exceed 2 terawatts (TW) by 2030, following a record-breaking year in 2025. The council highlights a direct correlation between wind energy deployment and economic growth, driven by accelerated development across Asia and other emerging markets. New figures released by GWEC…
A new report from the International Renewable Energy Agency (IRENA) finds that while women comprise nearly one-third of the global renewable energy workforce, significant under-representation persists in technical and leadership positions, posing a challenge for the sector’s equitable expansion. The report, Renewable Energy: A Gender Perspective, states that women hold 32% of full-time jobs in…
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…
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…
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…
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…
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…
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…