British International Investment (BII) has pledged $95 million to support climate action in South-East Asia, including a $70 million top-up commitment to the SUSI Asia Energy Transition Fund (SAETF) and a co-investment commitment to Sustainable Asia...

Solar power surpassed coal in the European Union’s (EU) electricity mix for the first time in 2024, according to energy think tank Ember.  Solar accounted for 11% of the EU’s electricity mix, up from 9.3% in 2023, while coal fell below 10%, the...

Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in...

Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of...

CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets...

US President Donald Trump has issued an executive order suspending all funding disbursements under the Inflation Reduction Act (IRA), marking a significant shift in the US energy agenda.  The move, termed “Terminating the Green New Deal,”...

Technip Energies has been awarded a front-end engineering design (FEED) contract for Uniper’s new combined cycle gas turbine (CCGT) power station with carbon capture and storage (CCS) at Connah’s Quay, located in the northwest of England. The...

Vestas has secured an order to supply turbines for the second phase of the Tyligulska wind energy project in Ukraine, the country’s largest renewable energy project.  Following the successful commissioning of the first phase in spring 2023, Vestas...

Nesma Infrastructure and Technology has secured a SAR915 million contract with the Saudi Electricity Company (SEC) for constructing two 380 kV substations in Riyadh, named Rumah BSP-9077 A and B. The project includes installing line reactors at the...

Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s...

Lhyfe and Masdar have signed a Memorandum of Understanding (MoU) to explore the co-development of large-scale green hydrogen production projects in Europe.  This partnership will identify collaboration and investment opportunities across the green...

Mongolia has entered into a partnership with the European Bank for Reconstruction and Development (EBRD) to enhance the country’s renewable energy sector.  Announced at the World Economic Forum in Davos (January 2025), the EBRD will help...

Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand.  The plant, a joint venture between RATCH Group and Gulf Energy Development, features...

United Group, a Southeastern Europe-based telecommunications and media company, has committed €120 million ($124.6 million) to green electricity production in Bulgaria.  The investment will supply 160% of the electricity needed for the company’s...

AboitizPower and Upgrade Energy Philippines (UGEP) have signed a long-term solar power purchase agreement (PPA) with Republic Cement & Building Materials (RCBM).  Their joint venture, Aboitiz Upgrade Solar (AUSI), will develop, build, and operate...

Sembcorp Industries has inaugurated the 588 MW Manah 2 Solar Independent Power Project in Manah, Oman, marking its first greenfield renewables development in the Middle East.  Backed by a 20-year 500 MW power purchase agreement with Nama Power and...

European Energy, in collaboration with Kragerup Estate, has initiated its first large-scale battery storage project in Denmark. The battery, expected to begin test operations in Q1 2025, will support the integration of renewable energy into the power...

Vena Energy and LINE Yahoo Corporation (LYC) have signed a virtual power purchase agreement (VPPA) for the 72 MW Maniwa Solar Project, which will be built on a repurposed golf course in Maniwa City, Okayama Prefecture.  The project is expected to be...

Pacific Gas & Electric (PG&E) has secured a record $15 billion loan guarantee from the US Department of Energy (DOE).  The loan guarantee, the largest in the history of the DOE’s Loan Programs Office, will enable PG&E to expand hydropower...

The Tennessee Valley Authority (TVA) will lead an $800 million application to the US Department of Energy’s Generation III+ small modular reactor (SMR) program.  The initiative, supported by Bechtel, BWX Technologies, and Duke Energy, aims to...