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bp and Iberdrola begin construction of green hydrogen plant in Spain

The joint venture (JV) between bp and Iberdrola España has commenced construction of a 25 MW green hydrogen plant in Spain.  The initial phase includes earthworks and the development of a 20,000 square meter plot of land next to the bp refinery in...

Neoenergia sells Baixo Iguaçu hydroelectric plant in Brazil

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 moves to reduce subsidies for renewable energy projects

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...

UK shifts nuclear energy policy to approve new plants

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...

Japan plans world’s first hydrogen production facility using nuclear power

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...

Baltic nations cut power ties with Russia and Belarus, join EU grid

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...

Global solar and battery storage costs to decline further in 2025

  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 secures €40 million financing for solar projects in Italy

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...

European Commission and Moldova agree on strategy for energy resilience

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...

Enel North America signs PPA with Meta for Rockhaven wind farm

Enel North America, a unit of Italian energy company Enel, has signed a power purchase agreement (PPA) with Meta for a 115MW portion of the Rockhaven wind farm in Oklahoma.  This marks the third collaboration between the two companies. The Rockhaven...

Westinghouse proposes SMRs in Italy’s decommissioned nuclear sites

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 signs agreement for offshore farm connection in Netherlands

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 approves budget for gas-to-energy projects

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 reviews offshore wind projects in Japan

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 to invest USD 22 million in battery storage project in Vietnam

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 expand renewable energy partnership

  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...

Desert Quartzite solar+storage project achieves operational status

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 receives approval for 1.4GW battery storage project in UK

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 submits 2025 integrated resource plan

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...

Global energy transition investment grows 11% to $2.1tn in 2024

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...

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Power Sector News Roundup for July 6, 2026

Coal India, UPRVUNL sign JV agreement for renewable energy projects Coal India Limited (CIL) and...

Koraam to supply 1,200 solar pump mounting structures in Maharashtra

Koraam, powered by Kosol Energie Pvt. Ltd., has secured a 5.8 MW order from Sandip Electronics and...

CEA issues advisory to DISCOMs to reduce summer load shedding

The Central Electricity Authority (CEA) has issued a comprehensive advisory to power distribution...

Rooftop solar projects on government buildings get ALMM List-II exemption

The Ministry of New and Renewable Energy (MNRE) has issued a clarification on the applicability of...

What two-year exemption for Chinese power firms means for domestic manufacturers

The Department of Expenditure under the Union Ministry of Finance has granted a two-year exemption...

Power Ministry proposes credit trading under CAFE norms for automakers

The Ministry of Power has issued a draft notification proposing amendments to India’s...

Tata Motors, Welspun Renewable to develop 86 MW hybrid RE project

Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to...

Two firms in race for NHPC’s Salal hydro project

NHPC Limited has opened the financial bids for the civil and hydro-mechanical works package to...

PM Modi lays foundation, inaugurates Rajasthan transmission projects

Prime Minister Narendra Modi has laid the foundation stone for an interstate transmission project...

Gujarat revises power transmission land compensation policy

The Gujarat government has revised its Right of Way (RoW) compensation policy for power transmission...