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World Bank approves loan for Bosnia and Herzegovina’s energy transition

On May 1, 2025, the World Bank’s Board of Executive Directors approved a €79.90 million loan and €2.89 million grant to support Bosnia and Herzegovina’s National Energy and Climate Plan. This funding aims to enhance energy security, promote...

Vietnam approves amended National Power Development Plan VIII

Vietnam has officially approved the amended National Power Development Plan VIII (PDP VIII) for the 2021-2030 period, with a long-term vision extending to 2050. This revision, under Decision 768/QD-TTg, replaces the previous version (Decision...

Indonesia targets 10GW nuclear power by 2040

Indonesia is set to significantly expand its renewable energy capacity by 2040, with plans also to introduce 10GW of nuclear power, according to a Reuters report. In February 2025, the country announced plans to build nuclear power plants with a...

Ireland launches National Offshore Renewable Energy Plan

Ireland’s Ministery for Climate, Environment, and Energy has launched the National Offshore Renewable Energy (ORE) Designated Maritime Area Plan (DMAP) as part of the country’s efforts to reach at least 5 GW of offshore wind capacity and 80%...

Equinor and Polenergia get final clearance for Bałtyk 1 offshore wind

Equinor and Polenergia have received the final environmental decision for the Bałtyk 1 offshore wind farm in Poland’s Baltic Sea. The clearance, issued by the Regional Director for Environmental Protection in Gdańsk, marks a key milestone ahead of...

Spain and Portugal recover from historic blackout

Spain and Portugal began restoring power after experiencing the worst blackout in their history on 28 April 2025.  The outage, which started around 10:33 GMT, caused massive disruptions, including grounding planes, halting public transport, shutting...

Lebanon signs loan with World Bank for electricity sector reforms

Lebanon has secured a USD250 million loan agreement with the World Bank to address long-standing issues and modernise the country’s energy infrastructure. The loan will help establish a national control centre, improve accounting and billing systems...

China approves construction of ten new nuclear reactors

China has cleared the construction of ten new nuclear reactors in 2025, marking the fourth year in a row it has approved at least ten reactors, Bloomberg reported. As per local outlet The Paper, the new projects will involve an investment of 200...

Chile releases final long-term energy plan for 2023-27

The Ministerio de Energía (Ministry of Energy) of Chile published the final Planificación Energética de Largo Plazo (PELP) 2023–27 on April 22, 2025, in accordance with Articles 83–86 of the Ley General de Servicios Eléctricos (LGSE) or General Law...

Google signs offshore wind PPA with CIP in Taiwan

Google has signed a power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) in Taiwan.  Under the terms of the agreement, Google will buy renewable energy from the Fengmiao I offshore wind project, which is set to become...

U.S. halts Empire Wind 1 project, raising concerns among global suppliers

Equinor has suspended offshore construction of its Empire Wind 1 project off the coast of New York following a stop-work order issued by U.S. Interior Secretary Doug Burgum. This unexpected directive has raised concerns among European suppliers who...

US confirms high tariffs on solar cells from Southeast Asia

US trade authorities have confirmed high tariffs on most solar cells imported from Cambodia, Malaysia, Thailand, and Vietnam. This follows a year-long investigation triggered by US manufacturers’ claims that Chinese-owned companies were...

Nigeria cuts electricity subsidy burden by 35% after tariff hike

Nigeria has reduced its electricity subsidies by 35% following a targeted tariff hike for high-use consumers, according to Power Minister Adebayo Adelabu. Previously, the government was spending nearly N200 billion ($125 million) monthly to keep...

Vietnam plans $136.3bn shift to renewables and nuclear by 2030

Vietnam will invest $136.3 billion in its power sector by 2030 to expand capacity and reduce coal use. Installed capacity is set to grow from over 80 GW in 2023 to between 183 GW and 236 GW. Coal’s share will fall to 13.1%–16.9%. Solar will rise to...

EDF commissions South Africa’s first IPP-developed main transmission substation

EDF Renewables, a subsidiary of the French Électricité de France (EDF) Group, has commissioned the 400/132 kV Koruson main transmission substation (MTS) near Noupoort in South Africa’s Northern Cape. This is the first major transmission substation in...

European Commission approves €400 million Spanish aid scheme for renewable hydrogen

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 to continue coal plant construction through 2027

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...

EU set to add record 89 GW of renewables in 2025

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 partners with Google and Tapestry to use AI for faster grid integration

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 signs MoUs with US firms for 24 GW power and 3 GW solar projects

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...

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Global firms push faster electrification amid energy security concerns

Geopolitical instability and volatile energy costs are accelerating corporate interest in...

NPCIL erects reactor vessel at Kudankulam Unit 5

The Nuclear Power Corporation of India Limited (NPCIL) has completed erection of the Reactor...

NHPC completes boxing-up of Unit 5 at 2,000 MW Subansiri project

NHPC Limited has completed the boxing-up of Unit 5 of the 2,000 MW Subansiri Lower Hydroelectric...