Neoenergia, Iberdrola’s Brazilian subsidiary, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to EDF and STOA for 1,430 million Brazilian reals (approximately €240 million). Located in Paraná, the plant has an installed...
China’s National Development and Reform Commission (NDRC), along with the nation’s energy administration, is taking steps to roll back subsidies for renewable energy projects, according to Reuters. In 2024, China saw a record-breaking 45% rise in...
The UK government has announced a shift in its nuclear energy policy, approving the construction of additional nuclear power plants across England and Wales. This move is part of the Prime Minister’s Plan for Change, which includes reforms to...
The Japan Atomic Energy Agency (JAEA) plans to request the Nuclear Regulation Authority (NRA) to review its proposal for building a hydrogen production facility as early as February, as reported by The Japan News. The facility, intended to produce...
Estonia, Latvia, and Lithuania have disconnected their electricity grids from Russia and Belarus, marking a major geopolitical shift more than three decades after leaving the Soviet Union. Efforts to sever ties accelerated after Russia invaded...
A BloombergNEF report forecasts a decline in the levelized cost of electricity (LCOE) for grid-scale solar and battery energy storage in 2025. LCOE, which measures lifetime costs divided by energy production, enables cost comparisons across energy...
Matrix Renewables has closed a €40 million non-recourse financing agreement with UniCredit to support the development and construction of six solar photovoltaic (PV) plants across Sicily, Campania, and Lombardia. The total capacity of the projects is...
The European Commission (EC) and the Republic of Moldova have agreed on a two-year strategy aimed at strengthening Moldova’s energy independence and resilience. The strategy includes a €250m ($258.7m) financial support package for 2025, implemented...
US-based energy company Westinghouse has proposed installing small modular reactors (SMRs) at four decommissioned nuclear sites in Italy, with construction expected to begin by 2030, according to Reuters. The four sites—Caorso, Trino, Latina, and...
TenneT has signed a realisation agreement with a consortium of SSE Renewables and pension investor APG, on behalf of pension fund ABP, for the offshore grid connection of the IJmuiden Ver Alpha wind farm, located 60km offshore the Netherlands. This...
Guyana’s Office of The President has confirmed the approval of a $141.45 billion budget, which includes a $51.2 billion investment to enhance gas-to-energy projects. The government has allocated $36.2 billion for the development of a natural gas...
Mitsubishi Corporation is reassessing its business plans for offshore wind power generation projects in Japan due to changes in the macroeconomic environment caused by the COVID-19 pandemic and the Ukraine crisis. These challenges include inflation...
Stavian Group is investing USD 22 million in a Battery Energy Storage System (BESS) project at the Stavian Complex in Hung Yen province, Vietnam. Developed through a joint venture with Juhang Energy Technology (Singapore), the project will cover over...
Amazon and Iberdrola have added 476 MW to their global renewable energy partnership, expanding into five countries. The new agreements include Amazon’s first PPA in Portugal for 219 MW from the Tâmega Wind Complex, the largest wind farm in...
EDF Renewables North America (EDFR) and Power Sustainable Energy Infrastructure (PSEI) have announced the operational status of their Desert Quartzite solar+storage project in Riverside County, California. The project has a solar capacity of 375...
Fidra Energy, a European battery energy storage system (BESS) platform owned by EIG, has received planning consent to develop a 1.4GW battery storage project at Thorpe Marsh, Yorkshire. This will become the UK’s largest battery storage facility...
Georgia Power has submitted its 2025 Integrated Resource Plan (IRP) to the Georgia Public Service Commission (PSC), outlining strategies to meet the state’s energy needs with a focus on reliability and economic efficiency. The plan builds on...
Investment in the global low-carbon energy transition rose 11% in 2024, reaching $2.1 trillion, as reported by BloombergNEF’s Energy Transition Investment Trends 2025. Key drivers of this growth were electrified transport, renewable energy, and power...
The Yunlin offshore wind farm, managed by Yunneng Wind Power, has begun commercial operations after installing all 80 wind turbine generators. The 640MW project, located in the Taiwan Strait between 8km and 17km offshore Yunlin County, is now...
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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...