The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen. The scheme will be implemented through the European Hydrogen Bank’s Auctions-as-a-Service tool. It will enable the...
China plans to continue building coal-fired power plants until at least 2027, according to new government guidelines aimed at upgrading the country’s coal power infrastructure. The decision, released by China’s state planner and energy regulator, is...
The European Union is projected to install 89 GW of new renewable energy capacity in 2025, according to European Commission estimates reported by Reuters. This includes 70 GW of solar and 19 GW of wind power. If achieved, this would surpass 2024’s...
PJM Interconnection has launched a multiyear partnership with Google and Tapestry to apply artificial intelligence (AI) tools aimed at improving grid planning and speeding up the integration of new energy sources. PJM operates the power grid for 67...
Iraq has signed three memoranda of understanding (MoUs) with US entities to develop large-scale energy projects for reducing dependence on Iranian imports and diversifying its power sources. The Iraqi prime minister’s media office announced the...
The Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB) have signed a memorandum of understanding (MoU) with the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan. The agreement supports the feasibility study...
Egypt and France have signed an agreement to build a green hydrogen and derivatives complex, including green ammonia, in Ras Shukeir. The €7 billion project will be fully financed by the private sector and developed in three phases. Once operational...
The UK government has shortlisted 27 hydrogen-powered projects in its second Hydrogen Allocation Round (HAR2) to scale low-carbon hydrogen production. These projects are expected to play a key role in decarbonising industries like ammonia production...
TotalEnergies has completed the acquisition of multiple renewable energy projects across Europe, Africa, and Canada. These include wind, solar, and hydropower assets in partnership with VSB Group, SN Power, and RES. In Europe, the acquisition of VSB...
Global coal power additions in 2024 dropped to their lowest level in two decades, according to a new report by US-based think tank Global Energy Monitor (GEM). Despite the slowdown, the overall coal fleet still grew, driven mainly by new capacity in...
Shell has decided to discontinue its solar and onshore wind power generation projects in Brazil, citing a portfolio adjustment, as reported by Reuters. The move reflects challenges in the country’s renewable sector, including energy...
Norges Bank Investment Management (NBIM) will acquire a 49% stake in two offshore wind projects, Nordseecluster in Germany and Thor in Denmark, for €1.4 billion ($1.5 billion) from RWE. The deal, subject to regulatory approvals, is expected to close...
Electricity prices fell across most major European markets last week, according to AleaSoft Energy Forecasting. The consultancy recorded price declines in Belgium, Britain, the Netherlands, France, Germany, Nordic countries, Portugal, and Spain...
US-based Type One Energy has released the physics design basis for its Infinity Two stellarator fusion power plant, marking a critical step in advancing fusion energy. The published design, the first of its kind, outlines the operational parameters...
The government of Poland has approved draft legislation to relax restrictions on building onshore wind farms, moving towards fulfilling a 2023 election promise to accelerate renewable energy growth, Reuters reported. The proposed changes, pending...
China has missed a key carbon emissions target, casting doubt on its ability to meet long-term climate goals. The country’s carbon intensity, emissions per unit of GDP, fell 3.4% in 2024, short of the 3.9% target set by Beijing, according to the...
The Federal Government of Nigeria (FGN) has announced plans to increase the country’s power transmission capacity from 8,500 MW to 10,000 MW by the end of 2026. On March 4, 2025, Nigeria recorded its highest peak power generation of 5,801.84 MW...
The global energy sector continues to witness major acquisitions, power purchase agreements (PPAs), and strategic investments. Here are the latest key developments: Key deals and investments in the energy sector Engie acquires 157MW UK renewable...
Amazon and Google have pledged support for a global initiative to triple nuclear energy capacity by 2050, according to Reuters. The commitment, facilitated by the World Nuclear Association (WNA), has also gained backing from shale company Occidental...
Poland’s Ministry of Climate and Environment has finalized its long-awaited energy storage subsidy program to support the deployment of more than 5 GWh of energy storage across the country. The new regulation was published in the Journal of Laws of...
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Germany’s thyssenkrupp nucera has been awarded a Front-End Engineering and Design (FEED) study...
RenewSys India has inaugurated a 3 GW solar module manufacturing facility at IndoSpace Industrial...
NTPC Limited has signed a Memorandum of Understanding (MoU) with Octopus Energy Group of the United...
Patel Engineering Limited (PEL) has received a Letter of Award from Himachal Pradesh Power...
SJVN Limited has reported that its 1,000 MW Bikaner Solar Power Project has generated 1 billion...
Bharat Heavy Electricals Limited (BHEL) has approved the consolidation of two pairs of manufacturing...
Bluspring Enterprises Limited has agreed to acquire 100% of STEAG Energy Services India Private...
Power Grid Corporation of India Limited (POWERGRID) has approved procurement of cold spare...
GAIL (India) Limited has invested Rs 130 million in Leafiniti Bioenergy Private Limited, a...
The Central Electricity Authority (CEA), under the Ministry of Power (MoP), has released the...