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US ends $7 billion Solar for All program after funding cut
The Trump Administration has cancelled the $7 billion Solar for All grant program for low-income and disadvantaged households. The move follows the One Big Beautiful Bill Act, which removed the Greenhouse Gas Reduction Fund that had authorised the program. On August 8, EPA Administrator Lee Zeldin said the agency no longer had statutory authority to…
Five partner nations to plan Europe’s largest Green Energy Corridor
On Monday, the 10th Ministerial Meeting for the implementation of the Green Energy Corridor project took place in Budapest, with representatives from Azerbaijan, Georgia, Hungary, Romania, and Bulgaria in attendance. This partnership of the five nations could lead to Europe’s largest green energy corridor. The main focus of the meeting was the progress and prospects…
Khavda grid disturbance causes 9,000 MW generation loss, largest single-event outage in Indian grid history
A major grid disturbance in the Khavda Renewable Energy (RE) complex on May 13, 2026 resulted in the largest single-event generation loss recorded in the history of the Indian grid, according to a presentation made by GRID-INDIA before the National Committee on Transmission (NCT). The disturbance occurred at 14:09 hrs and led to the complete…
IEA finds high cost of capital still a major barrier for clean energy in EMDEs
The International Energy Agency (IEA) has reported that the cost of capital for clean energy projects in emerging markets and developing economies (EMDEs) remains at least twice as high as in advanced economies. This disparity continues to limit energy investment flows to these regions. In its third update, the IEA’s Cost of Capital Observatory expanded…
Zelestra locks €146.6m to build six solar projects in Spain
Zelestra has secured €146.6 million in green financing to build six solar photovoltaic (PV) projects in Spain. The projects will form two clusters—Belinchón and Brazatortas—adding a combined capacity of 237 megawatt direct current (MWdc). The financing package covers 21 power purchase agreements (PPAs). BNP Paribas and Rabobank led the arrangement. Both acted as mandated lead…
Kalpataru Projects secures Rs 2.17 billion orders
Kalpataru Projects International, along with its international subsidiaries, has secured new orders worth Rs 2.17 billion in India and overseas. The contracts include the design and construction of an elevated metro rail project in India, transmission & distribution (T&D) projects in India and abroad, as well as a residential building project in India. With these…
