MSIG Asia and The RiskPoint Group have teamed up to strengthen renewable energy (RE) insurance in the Asia Pacific region. With approval from the Monetary Authority of Singapore, RiskPoint will serve as MSIG Singapore’s Managing General Agent. This...
Ørsted and Polska Grupa Energetyczna (PGE) have made the final investment decision (FID) for the 1.5GW Baltica 2 offshore wind farm off the Polish coast. The wind farm is expected to be fully commissioned by the end of 2027. Developed in a 50/50...
The Mission 300 initiative, aimed at providing electricity to 300 million Africans by 2030, has raised more than $8bn in funding commitments during the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania, held from 27 January to 28 January...
The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI). The previous...
JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million. The projects will serve key players in the mining, data centre, and...
The EU will offer €30m ($31.4m) in emergency assistance to Moldova, including the separatist Transnistrian region, until 10 February 2025. The aid follows Russian gas supplier Gazprom’s failure to deliver natural gas, leaving over 350,000...
Chevron USA and Engine No.1 have joined forces to create a new company for developing natural gas-fired power plants to support US-based AI data centres, in collaboration with GE Vernova. This initiative addresses the increasing demand for...
Vena Energy and Copenhagen Infrastructure Partners (CIP) have secured an offtake contract for their joint 500 MW Taean Wind Project in South Korea, awarded in the Wind Power Fixed-Price Contract Auction by the Korea Energy Agency (KEA). The...
Meridiam partners with HAU and EBRD to develop renewable energy in Egypt Meridiam has entered into a long-term strategic partnership with Hassan Allam Utilities (HAU) and the European Bank for Reconstruction and Development (EBRD) to develop and...
The US’s largest electricity grid, managed by PJM Interconnection, anticipates a 58 GW surge in peak summer demand by 2035, reaching 210 GW due to the AI boom, according to Bloomberg. Data centres critical for AI operations drive rapid power...
Italy plans to finalise a strategy for the reintroduction of nuclear power by the end of 2027, as reported by Reuters. Energy Minister Gilberto Pichetto Fratin revealed the plan in an interview with Il Sole 24 Ore. The current government, under...
The US Energy Information Administration (EIA) projects that solar power will lead the growth in US power generation through 2027. In its latest short-term energy outlook, the EIA estimates utilities and independent power producers will add 26GW of...
JA Solar completes 1 GW delivery for Ulan Buh Desert energy base project JA Solar has successfully delivered high-performance n-type PV modules to the 1 GW photovoltaic project at the Ulan Buh Desert Northeast New Energy Base in China. This energy...
NextEra partners with GE Vernova for natural gas-fired project NextEra Energy has partnered with electric services company GE Vernova to develop natural gas-fired power generation projects in the United States, as reported by Reuters. The...
British International Investment (BII) has pledged $95 million to support climate action in South-East Asia, including a $70 million top-up commitment to the SUSI Asia Energy Transition Fund (SAETF) and a co-investment commitment to Sustainable Asia...
Solar power surpassed coal in the European Union’s (EU) electricity mix for the first time in 2024, according to energy think tank Ember. Solar accounted for 11% of the EU’s electricity mix, up from 9.3% in 2023, while coal fell below 10%, the...
Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in...
Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of...
CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets...
US President Donald Trump has issued an executive order suspending all funding disbursements under the Inflation Reduction Act (IRA), marking a significant shift in the US energy agenda. The move, termed “Terminating the Green New Deal,”...
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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...