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...
UK Energy Minister Ed Miliband met Chinese officials in Beijing on March 17, urging stronger climate action even as China’s emissions continue to rise. China, the world’s largest emitter, has pledged to reach net zero by 2060 but missed key climate...
Indonesia has launched a floating solar power plant on the Cirata Reservoir, 107 kilometers southeast of Jakarta. Covering 4% of the reservoir, its 13 solar arrays generate up to 192 MW, making it the world’s third-largest floating solar...
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...
At the CERAWeek summit in Houston on Monday, U.S. Energy Secretary Chris Wright stirred the pot by openly criticizing renewable energy and reaffirming the Trump administration’s strong stance on oil and natural gas. His comments, focused on the...
The United States has ended a sanctions waiver that allowed Iraq to buy electricity from Iran, following President Donald Trump’s renewed “maximum pressure” policy on Tehran. The waiver, which expired on 8 March 2025, was initially introduced in 2018...
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MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...
Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the...
Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy...
The Ministry of Road Transport and Highways (MoRTH) has signed the first Memorandum of Understanding...
HVR Solar has signed a series of memorandums of understanding (MoUs) with international technology...
Suzlon Energy Limited has commissioned its 5 MW S175 wind turbine at a project site in Vijayanagar...
For the first time, no internal combustion engine (ICE) vehicle featured among China’s 10...
Geopolitical instability and volatile energy costs are accelerating corporate interest in...
The Nuclear Power Corporation of India Limited (NPCIL) has completed erection of the Reactor...
NHPC Limited has completed the boxing-up of Unit 5 of the 2,000 MW Subansiri Lower Hydroelectric...