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Solar N Plus secures 500MW solar supply order for overseas market

China-based Solar N Plus New Energy Technology has secured a 500MW supply order for its high-efficiency N-type solar products, bolstering its position in the global renewable energy sector.  Renowned for its advanced N-type technology, the company...

Cathay Life acquires 50% stake in Ørsted’s Greater Changhua 4 wind farm

Ørsted has agreed to sell a 50% stake in its Greater Changhua 4 offshore wind farm in Taiwan to Cathay Life Insurance (CLI) and its affiliate Cathay Wind Power Holdings.  The deal, valued at DKr11.6 billion ($1.6 billion), includes 50% ownership and...

Australia announces 19 renewable projects under Capacity Investment Scheme

Australia’s renewable energy sector is poised for expansion with 19 new projects announced under the Capacity Investment Scheme (CIS) Tender 1.  These projects will add 6.4GW of clean energy to the national electricity market, powering three...

Vestas repurposes Isle of Wight factory for onshore wind blade production

Vestas has announced plans to transition its Isle of Wight factory in the UK from manufacturing offshore turbine blades to onshore blade production.  The shift follows an agreement in principle with the UK government and responds to declining demand...

Angola ends state monopoly on electricity transmission

The Angolan government has amended the General Electricity Law, officially ending the state’s monopoly on electricity transmission.  This will enable private sector participation through public service concession agreements, aiming to accelerate...

Serbia’s 2025 budget allocates EUR 1 billion for green projects

Serbia’s 2025 Budget Law introduces its first Green Budget annex, allocating EUR 1 billion to 64 projects aimed at environmental protection and energy efficiency.  The budget earmarks EUR 528.4 million for railway projects, including the...

Greece becomes net exporter of electricity

Greece has shifted from being a net importer to a net exporter of electricity, now regularly supplying up to a third of its daily production to neighbouring countries.  Greek electricity exports reached 2 GW out of a total production of 6 GW, with...

Albania allows solar and wind power installations on pastureland

Albania has adopted a new law permitting the construction of solar and wind power plants on pastureland, a move driven by growing demand for renewable energy.  The law allows photovoltaic (PV) panels to be mounted at least five meters above the...

Montenegro plans coal plant shutdown by 2041

Montenegro aims to shut down the Pljevlja coal power plant by 2041 as part of its draft National Energy and Climate Plan (NECP).  The plan was submitted by the Ministry of Energy to the Energy Community Secretariat for review. Minister of Energy Saša...

Investors propose taking ReNew Energy Global private in deal

Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion.  The consortium, which includes the Canada Pension Plan Investment Board and UAE-based Masdar, holds 64% of the...

Europe pushes to boost industrial competitiveness and decarbonization

Eurelectric, along with CEFIC (European chemicals) and European Aluminium, have outlined six key measures for improving Europe’s industrial competitiveness and advancing its decarbonization efforts.  The measures were discussed during the...

Eemshaven Port chosen for OranjeWind offshore wind project

RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind.  Located in the northern Groningen province, Eemshaven will serve as the hub for...

Zimbabwe secures $250m for floating solar project at Kariba Dam

Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam.  The project, which...

Acadia leads $9bn renewable energy initiative with Microsoft

US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States.  The initiative, known as the Climate and Communities...

Solar Landscape raises $847 million for rooftop solar projects

Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024.  This funding will support the deployment of over 200 rooftop solar installations across the country. ...

Technip Energies and GE Vernova secure Net Zero Teesside power project

Technip Energies, GE Vernova, and Balfour Beatty have been awarded the engineering, procurement, and construction contract for the Net Zero Teesside Power (NZT Power) project, the world’s first gas-fired power plant with carbon capture and storage...

Intersect Power, Google, and TPG Rise Climate to build clean energy

Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on long-distance transmission. The initiative...

Nextracker delivers first 100% US-manufactured solar trackers under IRA

Solar tracker provider Nextracker has announced the delivery of its first US-manufactured solar trackers, achieving 100% domestic content value under the Inflation Reduction Act (IRA). This marks a key advancement in localizing the US solar supply...

Recurrent Energy secures PPA for 300MW solar project in Spain

Canadian Solar subsidiary Recurrent Energy has signed a ten-year power purchase agreement (PPA) with a US-based technology company for renewable energy from its Tordesillas solar photovoltaic (PV) project in Valladolid, Castilla y León, Spain. The...

SSEN Transmission plans £22bn investment for 2026-2031

SSEN Transmission, a subsidiary of SSE, plans to invest at least £22 billion ($28 billion) in grid infrastructure between April 2026 and March 2031.   The proposed investment aligns with the Revenue = Incentives + Innovation + Outputs (RIIO)...

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Recent Posts

Navitas Solar to invest Rs 1,500 crore in 3.6 GW solar cell plant

Navitas Solar has announced plans to invest around Rs 1,500 crore to establish a 3.6 GW solar cell...

MNRE launches WT-MARUT portal for wind turbine supply chain management

The Ministry of New and Renewable Energy (MNRE) has launched the WT-MARUT (Wind Turbine Materials...

IEA cites India’s auction model as Southeast Asia faces energy security risks

India’s renewable energy auction framework offers important lessons for Southeast Asian...

Tamil Nadu approves 231 substations worth Rs 15,032 crore

Tamil Nadu Chief Minister C Joseph Vijay has approved the construction of 231 new substations at an...

AIDAA seeks resource adequacy reforms, sees Rs 2.27 lakh crore savings

The All India DISCOMs Association (AIDAA) has called for a major overhaul of India’s resource...

Gujarat’s new industrial policy extends incentives to SMR and nuclear equipment makers

The Government of Gujarat has included “Nuclear Power Equipment (including Small Modular...

KPTCL launches dynamic line rating pilot on Bengaluru transmission line

Karnataka Power Transmission Corporation Limited (KPTCL) has launched a pilot project to implement...

NHPC signs MoA for 3,097 MW Etalin hydro project in Arunachal Pradesh

NHPC Limited has signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh on...

POWERGRID wins WR-ER inter-regional transmission project

Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the...

Power Sector News Roundup for June 16, 2026

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