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Trump halts new offshore wind leases, calls wind farms ‘big, ugly windmills’

President Donald Trump has temporarily suspended new federal leases for offshore wind energy projects, citing concerns over costs, aesthetics, and wildlife impacts.  The executive order mandates a comprehensive environmental and economic review of...

Taiwan cuts Taipower subsidy, raising electricity cost concerns

Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers, Bloomberg reported. The Democratic...

JA Solar secures deal for Africa’s largest PV-storage project

JA Solar has signed a 1.25GW module supply agreement with China Energy Engineering Corporation (CEEC) for Africa’s largest photovoltaic (PV) and storage project in Egypt.  The agreement, finalized during the World Future Energy Summit 2025 in Abu...

SEFE and Höegh Evi to develop clean hydrogen supply chains in Europe

Securing Energy For Europe (SEFE) and marine infrastructure provider Höegh Evi have signed an MoU to establish international supply chains for clean hydrogen, with a focus on ammonia-based transportation. The collaboration will encompass sourcing...

AFRY secures FEED contract for 1GW Liivi Bay offshore wind farm

Enefit Green has selected AFRY to provide front-end engineering design (FEED) services for the 1GW Liivi Bay offshore wind farm in the Gulf of Riga, Estonia. The project aligns with Estonia’s renewable energy strategy and aims to enhance energy...

Plenitude acquires 49% stake in California solar and storage projects

Plenitude, through its US subsidiary Eni New Energy, has signed an agreement with EDP Renewables North America LLC to acquire a 49% equity stake in two photovoltaic plants and an electricity storage facility under construction in California, US. The...

Portugal plans 10GW offshore wind cluster in Atlantic Ocean

Portugal’s government is set to develop a 10GW offshore wind cluster in the Atlantic Ocean as part of its strategy for the country’s first offshore licence auction, scheduled for 2025. The plan, formulated by the Economy Ministry and the Environment...

Pertamina NRE acquires 20% stake in CREC for $115 million

Pertamina New & Renewable Energy (Pertamina NRE), a subsidiary of an Indonesian State-Owned Enterprise, has signed a share subscription agreement with Citicore Renewable Energy Corporation (CREC).  Pertamina NRE will acquire a 20% stake in CREC...

Plug Power to supply 3 GW electrolysers for Australia’s green ammonia plant

Plug Power has signed a purchase agreement with Allied Green Ammonia (AGA) to supply 3 GW of electrolyser capacity for AGA’s green hydrogen-to-ammonia plant in Australia.  The plant will also include a 4.5 GW solar facility to power the electrolysers...

bp to sign redevelopment deal for Kirkuk oil and gas fields in Iraq

UK oil and gas giant bp is set to sign an agreement with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region of northern Iraq. The deal could be signed by early February, as stated by Iraq’s Oil Minister Hayan Abdel-Ghani...

UK announces £410m fusion energy investment for Nottinghamshire project

The UK government has unveiled a £410 million ($501.1 million) investment to advance fusion energy development. The funding will support the construction of a fusion power plant at the site of a former coal facility in Nottinghamshire, as part of the...

Nexans secures €1bn LanWin2 project with TenneT for offshore grid

Cable systems and services provider Nexans has signed a €1 billion ($10.3 billion) agreement with TenneT for the LanWin2 project, part of TenneT’s 2GW offshore grid connection programme in the German North Sea. The LanWin2 project includes the...

Masdar to develop 1GW renewable energy projects in Philippines

Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines...

LRE and Google sign 700 MWac solar PPAs

Leeward Renewable Energy (LRE) has revealed plans for renewable energy projects exceeding 700 megawatts alternating current (MWac) in Oklahoma, supported by long-term power purchase agreements (PPAs) with Google. The projects include the 372-MWac...

Italy, Albania, and UAE sign €1bn renewable energy cooperation deal

Italy, Albania, and the UAE have signed a cooperation deal worth at least €1bn ($1.02bn) to establish a subsea interconnection for renewable energy transfer across the Adriatic Sea, Reuters reports. The agreement, under the Tripartite Strategic...

World Bank and AfDB unveil $40bn programme for Africa

The World Bank and African Development Bank (AfDB) have outlined terms for African countries to secure $40bn in power finance under the Mission 300 programme. This initiative seeks to provide electricity access to 300 million Africans by 2030...

US Energy Department offers $22.92bn in loans to modernize energy systems

The US Department of Energy’s Loan Programs Office (LPO) has conditionally approved $22.92bn in financing for eight utilities across 12 states under the Energy Infrastructure Reinvestment (EIR) programme.  Created by the Inflation Reduction...

Dalia Energy secures $1.5bn financing for new Israeli power plant

Israeli power company Dalia Energy has obtained a finance agreement worth 5.3 billion shekels ($1.5bn) from Bank Hapoalim to construct an 850MW power plant at the Eshkol gas-fired power station site in Ashdod, Israel, as reported by Reuters. The...

Westinghouse, KEPCO, and KHNP settle dispute for global nuclear projects

Westinghouse Electric Company, the Korea Electric Power Corporation (KEPCO), and Korea Hydro & Nuclear Power Company (KHNP) have reached a global settlement agreement to resolve their longstanding intellectual property dispute. This settlement...

China increases grid investment to support renewable energy surge

China is significantly increasing its grid investment to ensure efficient delivery of renewable energy to homes and businesses. According to the National Energy Administration, power transmission spending rose 19% to 529 billion yuan ($72 billion) in...

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Power Sector News Roundup for June 16, 2026

MNRE adds RECPDCL, REIL as rooftop solar implementation partners The Ministry of New and Renewable...

Inox Wind signs 1,500 MW turbine supply pact with Inox Clean Energy

Inox Wind Limited has signed a Memorandum of Understanding (MoU) with Inox Clean Energy for the...

Bondada wins Rs 1,338 crore NTPC solar-BESS contract

Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Renewable Energy...

Ashok Leyland becomes first OEM under Delhi-NCR vehicle replacement scheme

The Ministry of Road Transport and Highways (MoRTH) has signed the first Memorandum of Understanding...

HVR Solar plans 1.2 GW TOPCon solar cell plant in Uttar Pradesh

HVR Solar has signed a series of memorandums of understanding (MoUs) with international technology...

Suzlon commissions India’s tallest wind turbine, the 5 MW S175 in Karnataka

Suzlon Energy Limited has commissioned its 5 MW S175 wind turbine at a project site in Vijayanagar...

NEVs dominate China’s top 10 passenger car sales in May 2026

For the first time, no internal combustion engine (ICE) vehicle featured among China’s 10...

Global firms push faster electrification amid energy security concerns

Geopolitical instability and volatile energy costs are accelerating corporate interest in...

NPCIL erects reactor vessel at Kudankulam Unit 5

The Nuclear Power Corporation of India Limited (NPCIL) has completed erection of the Reactor...

NHPC completes boxing-up of Unit 5 at 2,000 MW Subansiri project

NHPC Limited has completed the boxing-up of Unit 5 of the 2,000 MW Subansiri Lower Hydroelectric...