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PLN launches 1,225 MW solar tender across Indonesia

Indonesian state-owned electric utility company PLN has launched a tender for the 1,225 MW Mentari Nusantara I solar power project, which will be developed across multiple regions of Indonesia. The procurement process began on April 30 under an...

Bhutan, World Bank sign $515 million deal for Dorjilung hydro project

The Royal Government of Bhutan and the World Bank have signed financing agreements worth $515 million for the 1,125 MW Dorjilung Hydroelectric Power Project on the Kurichhu River in eastern Bhutan. The project, with an estimated total cost of $1.7...

Israel’s largest solar project secures financing, construction to begin

Israel has finalised financial arrangements for its largest solar power project near Dimona in the Negev Desert, with approvals from the Energy and Finance ministries and the Electricity Authority. The 265 MW photovoltaic plant will be developed by...

EU Hydrogen Mechanism draws strong response in first round

The European Commission has completed the first round of activities under the Hydrogen Mechanism, part of the EU Energy and Raw Materials Platform. The initial phase recorded strong participation from both hydrogen producers and offtakers, indicating...

ADB launches $70 billion grid and digital connectivity plan

The Asian Development Bank (ADB) has launched new energy and digital infrastructure initiatives worth $70 billion to be implemented by 2035. The programme aims to connect regional power grids, expand cross-border electricity trade, and strengthen...

BII unveils £1.1 billion climate platform for Asia

British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has released a new five-year strategy centred on mobilising private capital for the energy transition. A key element is British Climate...

KPIL takes full control of Saudi EPC unit with 35% buyout

Kalpataru Projects International Limited (KPIL) has completed the acquisition of the remaining 35% equity stake in its Saudi Arabian joint venture, Kalpataru Projects Arabia Company (formerly Kalpataru IBN Omairah Company Limited), making it a wholly...

Kairos Power begins Hermes 2 build, targets first non-LWR power by 2030

Kairos Power has broken ground on its Hermes 2 demonstration plant in Oak Ridge, Tennessee, after securing test reactor construction permits from the Nuclear Regulatory Commission (NRC) in November 2024. The project is expected to start operations by...

Zodiac Energy wins 6 MWp solar plus BESS order in Zambia

Zodiac Energy Limited has received a Letter of Intent (LOI) from an international entity to execute a turnkey solar project in Lusaka, Zambia. The project includes a 6 MWp DC / 5 MW AC ground-mounted solar photovoltaic (PV) plant and a 1 MWh battery...

China’s CGN brings Southeast Asia’s largest solar project online in Laos

A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the largest single solar installation in Southeast Asia and the country’s first utility-scale mountainous PV development. Developed by China General Nuclear...

Germany’s onshore wind auction oversubscribed twofold; solar round draws weak interest

Germany’s Federal Network Agency (Bundesnetzagentur) has published results from its February 1, 2026 tender rounds for onshore wind and solar installations on buildings and noise barriers. Onshore wind The round drew heavy competition, with 924...

Sungrow signs 1,155 MWh C&I BESS deal in South Africa

Chinese inverter and energy storage manufacturer Sungrow has signed an agreement with Herholdt’s Group to deploy 1,155 MWh of commercial and industrial (C&I) battery energy storage systems (BESS) across South Africa. The rollout will be...

JinkoSolar launches AIDC modules for data centres

JinkoSolar has introduced a new line of photovoltaic modules designed for AI data centres, GPU clusters, supercomputing facilities, and edge computing networks. The product, called the AIDC module, is built on the company’s Tiger Neo 3.0 tunnel oxide...

China’s solar firms are bleeding and winning at once

China’s solar PV export value and manufacturing capacity for wafers, cells and modules, showing sustained growth with fluctuations across global, EU and ASEAN markets (2017–2025) China’s solar industry is undergoing its sharpest downturn in over a...

Global power sector news roundup: key updates

Grid & Policy $1.9 billion · US US DOE launches SPARK grid upgrade program The Department of Energy’s Office of Electricity has opened a $1.9 billion funding opportunity under the SPARK initiative, targeting reconductoring and advanced...

Waaree unit acquires minority stake in United Solar Holding

Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Limited (WEL), has completed the acquisition of 53,68,551 Series B preferred shares of United Solar Holding Inc. for approximately USD 30 million. The transaction, first...

Xcel Energy-Google deal adds 1,900 MW clean energy and 30 GWh storage

Xcel Energy has signed an agreement to supply electricity to a new Google data centre in Pine Island, Minnesota, alongside a 1,900 MW expansion of clean energy capacity and deployment of a large long-duration battery system. The Electric Service...

US DoE allocates $175 million for coal plant upgrades

The US Department of Energy (DoE) has announced $175 million in funding for six projects focused on modernising, retrofitting, and extending the operational life of coal-fired power plants serving rural and remote communities across the United...

Russia ratifies loan amendments for Bangladesh Rooppur nuclear project

The Russian State Duma has ratified amendments to four intergovernmental loan agreements with Bangladesh related to construction of the Rooppur Nuclear Power Plant, the country’s first nuclear facility. The Federation Council has approved the federal...

ADB, GRE sign $350 million loan for solar-plus-BESS projects in Thailand

The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited (GRE), a subsidiary of Gulf Development Public Company Limited (GULF), have signed a $350 million loan agreement to expand renewable energy generation in Thailand. The...

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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...