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Renewable energy cannibalization lowers solar market revenues in Europe

Photovoltaics (PV) and wind now dominate Europe’s power generation, surpassing fossil fuels, according to the latest Enervis report. However, increasing cannibalization of renewable energy is reducing market revenues for solar and wind power...

AMEA Power to develop 1500 MWh BESS in Egypt

AMEA Power has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop two standalone battery energy storage systems (BESS) with a total capacity of 1500 megawatt-hours (MWh). Under the deal, AMEA Power will build a...

Kenya Power invests KES1 billion to upgrade electricity infrastructure

Kenya Power has announced an investment of KES1 billion to expand and enhance electricity infrastructure across eleven counties in the Nyanza and western regions. The funds will support the construction of new power lines to meet growing demand and...

China’s Yarlung Tsangpo hydropower plan: A test for India’s reaction?

China has approved a hydropower project on the Yarlung Tsangpo River in Tibet, which flows into India as the Brahmaputra. While many assumed it would be the world’s largest dam, reports suggest China is planning multiple smaller hydropower projects...

U.S. added 50 GW of solar capacity in 2024

The U.S. added nearly 50 GW of new solar generating capacity in 2024, according to the 2025 Sustainable Energy in America Factbook, released by the Business Council for Sustainable Energy and BloombergNEF. The record 49 GW of new solar capacity...

Enefit Green and Sumitomo partner for offshore wind farm in Baltic Sea

Enefit Green and Sumitomo Corporation have signed an agreement to jointly develop the Liivi Bay offshore wind farm in the Gulf of Riga, Baltic Sea. As part of the deal, Enefit Green will sell a 50% stake in Liivi Offshore OÜ, the project company for...

Japan approves new climate and energy policies targeting 2040 emissions cuts

Japan’s government has approved new climate, energy, and industrial policies aimed at reducing greenhouse gas (GHG) emissions by 2040, Reuters reported. The strategy focuses on decarbonisation, energy security, and industrial growth, forming part of...

TotalEnergies, Masdar, EPointZero partner for clean energy in Africa and Asia

TotalEnergies, Masdar, and EPointZero have signed a framework for action agreement to enhance clean energy access in Africa and Asia.  The collaboration follows a meeting between UAE President Sheikh Mohamed bin Zayed Al Nahyan and French President...

China’s clean energy investment reaches $940bn in 2024

China’s clean energy investments in 2024 totalled 6.8 trillion yuan ($940 billion), approaching the $1.12 trillion global investment in fossil fuels, according to a new analysis by UK-based Carbon Brief. Despite a slowdown in growth from 40% in 2023...

ACWA Power signs PPA for 2 GW wind project in Egypt

ACWA Power has signed a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a 2 GW wind project in Egypt, with an estimated investment of USD 2.3 billion. The project is expected to reach financial...

BYD secures 12.5 GWh energy storage contracts in Saudi Arabia

BYD Energy Storage and Saudi Electricity Company have signed contracts for 12.5 GWh of grid-scale energy storage projects. Combined with a previously delivered 2.6 GWh project, the total collaboration between the two companies now stands at 15.1 GWh...

Laos signs agreement for Nong wind project to supply Vietnam

The Government of Laos has signed an agreement with Chitchareune Construction to develop the 1,200 MW Nong wind power project in Savannakhet province, Vietnam, with an investment of USD 1.9 billion. The project’s feasibility study is underway...

South Sudan-Uganda Power Interconnection Project secures AfDB, EU funding

The governments of South Sudan and Uganda, in collaboration with the Nile Basin Initiative, have secured major funding from the African Development Fund (AfDB) and the European Union (EU) for the South Sudan-Uganda Power Interconnection Project. AfDB...

GreenGo Energy to develop green hydrogen project in Mauritania

GreenGo Energy has signed an agreement to develop the Megaton Moon Green Hydrogen Project in Mauritania. The agreement grants GreenGo Energy access to over 100,000 hectares of land near Nouakchott for the project’s development. With this, the...

Aslan Energy signs MoU to supply hydrogen to CalYan XGH

Aslan Energy Capital has signed a memorandum of understanding (MoU) to supply 100,000 tonnes per annum (TPA) of sustainable hydrogen to CalYan XGH.  The green hydrogen will be sourced from Aslan Energy Capital’s Aslan Net-Zero Energy Mexico (ANEM)...

Eurus Energy begins commercial operation of Ashikawa Wind Farm

Eurus Energy Holdings Corporation (Eurus Energy) has commenced the commercial operation of the Ashikawa Wind Farm in Toyotomi Town, Hokkaido. With a capacity of 128.8 MW, this wind farm is part of the larger Dohoku Wind Power Generation Project...

Adani Green withdraws from two wind projects in Sri Lanka

Adani Green Energy, part of India’s Adani Group, has decided to withdraw from two proposed wind power projects in Sri Lanka due to financial challenges. The decision follows recent discussions with the Sri Lankan government regarding the reduction of...

Global electricity demand to rise 4% annually until 2027

According to the International Energy Agency (IEA), global electricity demand is projected to grow by 4% each year until 2027, equating to more than Japan’s total consumption. This growth will be primarily offset by the expansion of low-emissions...

Construction begins on subsea electricity superhighway

Iberdrola announced that construction of the Eastern Green Link 1, a subsea electricity superhighway, has officially started.  The £2.5 billion project is a joint venture between SP Energy Networks and National Grid Electricity Transmission. It will...

WestWind Energy signs lease agreement for wind farm project in Australia

WestWind Energy has signed a lease agreement with the New South Wales government for the construction of the Lake Victoria wind farm, a project set to be developed over 2-3 years, from 2029 to 2032.  The wind farm is planned to consist of up to 201...

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ADB approves $850 million loan to support India’s rooftop solar rollout

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms aimed at...

Coal quality issues leave 1,700 MW unavailable at MAHAGENCO plants

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NPCIL, IIT Bombay partner on soil improvement technique for GHAVP 3 & 4

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Vikran Engineering commissions 132 kV Miao–Namsai transmission line in Arunachal Pradesh

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Pace Digitek signs EPC contract with NLC for 250 MW/500 MWh BESS in Tamil Nadu

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

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L&T Q1 PAT rises 14% to Rs 4,123 crore; order book reaches Rs 778,954 crore

Larsen & Toubro Limited (L&T) reported consolidated Profit After Tax (PAT) of Rs 4,123 crore...

PFCCL incorporates SPV for 5×500 MVA Benachigere transmission project

PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...

NCT’s new scheme to act as “shock absorber” for northern grid

The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to...

AMPIN Solar ONE rolls out first solar cell from 1.3 GW Odisha plant

AMPIN Solar ONE, the joint venture between AMPIN Energy Transition and Jupiter International...