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 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...
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 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 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 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 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...
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...
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Pace Digitek Limited has signed an Engineering, Procurement and Construction (EPC) contract with NLC...
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