China’s State Council has approved the construction of 11 nuclear reactors across five provinces: Jiangsu, Shandong, Guangdong, Zhejiang, and Guangxi. The projects, with a total investment of 220 billion yuan ($31 billion), are expected to be...

ACWA Power has commenced construction on a 200 MW wind power plant and a 100 MW battery energy storage system (BESS) in the Republic of Karakalpakstan, Uzbekistan. The project, valued at $260 million, is a partnership with JSC National Electric Grid...

EDF Renewables UK is set to enhance the UK’s energy infrastructure by introducing 300 MW of battery storage projects.  The company’s six battery storage projects, currently under construction, are expected to be operational by summer 2025...

China is experiencing a rapid buildup of coal stockpiles, with inventories reaching over 635 million tons by the end of June, up from below 90 million tons during the 2021 electricity supply crisis. This surge, fueled by increased domestic production...

ACWA Power has signed a power purchase agreement (PPA) with PT Perusahaan Listrik Negara (PLN) for the 60 MW Saguling floating solar photovoltaic (PV) project in Indonesia. This project is part of PLN’s strategy to increase the share of...

Origin Energy has canceled its 74 MW Carisbrook and 130 MW Morgan solar projects, citing anticipated low returns on investment. The decision was revealed in the company’s recent sustainability report, where Origin stated that unfavorable conditions...

New modeling from BloombergNEF (BNEF) reveals that Australia needs to rapidly decarbonize its power sector to meet its 2050 net-zero goal, requiring an investment of AUD 3.56 trillion ($2.4 trillion) by 2030 and a 135% increase in renewable energy...

Engie has finalized financing for a 250 MW solar power plant at Goorambat East in Victoria, Australia. The project, initially approved in 2019 and acquired by Engie in 2023, will power approximately 105,000 homes when it begins operations in 2026...

Iberdrola has secured grid access for its 100 MW Ekienea solar PV project in the Basque Country, Spain. The project is a private-public collaboration involving the Basque Energy Agency (EVE), the regional council of Alava, and the Mondragon Group, a...

Swedish state forest owner Sveaskog has teamed up with solar developer Alight to build 2 GW of solar energy capacity by 2029. The partnership will utilize Sveaskog’s vast land holdings to help address Sweden’s electricity deficit, particularly in the...

CenterPoint Energy’s Indiana-based electric utility has issued an All-Source Request for Proposals (RFP) for generation capacity to be operational by March 2028. The RFP invites proposals for utility-scale solar, wind, and storage projects (either...

German energy company BayWa r.e. has completed the construction of two solar clusters on former military bases in Central and South-West France, totaling 136 MWp across 151 hectares. The clusters consist of five solar farms, set on the La Martinerie...

D.E. Shaw Renewable Investments (DESRI), in partnership with El Paso Electric (EPE), has commenced construction on the Carne Solar and Storage project, a 130 MWAC solar and 260 MWh storage facility located in Deming, New Mexico. This marks DESRI’s...

Australia has officially approved SunCable’s Australia-Asia Power Link (AAPowerLink), a $13.5 billion solar power project that will export renewable energy from the Northern Territory to Singapore via a 4,300 km undersea cable. The project has...

Transgrid has pinpointed remote inland renewable energy zones (REZs) as essential to meeting New South Wales’ (NSW) growing electricity demands amid a shift to renewable energy. With coal expected to supply less than 20% of the state’s...

Swift Current Energy has secured a tax equity investment from Google for its 800 MWdc (593 MWac) Double Black Diamond Solar project in southern Illinois, marking it as the largest solar initiative east of the Mississippi River. Google’s...

Emeren Group (SOL) reported a significant drop in its second quarter net income, falling to $392,000 from $8.35 million the previous year. Earnings per American Depositary Share (ADS) decreased to $0.01, compared to $0.14 in the same period last...

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are jointly providing a €110 million financing package to develop two solar photovoltaic power plants in south-eastern Romania, with a combined capacity of...

The Fraunhofer Center for Silicon Photovoltaics (CSP) in Germany has introduced the IP Protection project to safeguard intellectual property for German and European solar PV companies as competition in the solar PV technology sector intensifies. The...

TMEIC Corporation Americas, a subsidiary of Japan’s TMEIC Corporation, will relocate its headquarters to Houston, Texas, in March 2025. Alongside this move, TMEIC will establish a 144,000 sq ft facility in Brookshire, Texas, dedicated to...