Solar and energy storage developers will face higher equipment prices from Q4 2025 due to Chinese policy changes and production cuts, according to Wood Mackenzie. This marks an end to the 18-month period of unusually low prices in the market. The...
The US Department of Energy (DOE) has terminated 321 financial awards linked to 223 projects, generating an estimated $7.56 billion in taxpayer savings. The decision follows a comprehensive review that found these projects did not meet national...
Solar energy became the leading source of electricity generation in the European Union (EU) during the second quarter of 2025. Renewable sources produced 54% of the EU’s net electricity, up from 52.7% in the same period of 2024, according to EU data...
The World Bank has approved the Indonesia Electricity Network Transformation (I-ENET) Program, a $500 million operation to upgrade electricity distribution in Java, Madura, and Bali. The initiative is designed to improve the integration of renewable...
Russia plans to commission by 2030 the first nuclear power system based on a closed fuel cycle, President Vladimir Putin has announced. The system will allow spent fuel to be reused several times, reducing uranium demand. Putin made the statement at...
Iran’s Atomic Energy Organisation (AEOI) and Russia’s Rosatom have signed a memorandum of understanding (MOU) to cooperate on small modular reactors (SMRs) in Iran. The agreement was signed in Moscow by AEOI head Mohammad Eslami and Rosatom Director...
China’s carbon emissions may decline by 1.6 billion tonnes by 2030 if 17.5 trillion yuan ($2.5 trillion) in green investment is mobilised over the next five years, according to a research note by China International Capital Corporation (CICC) cited...
Asia remains the largest producer of thermal coal, with China, India, and Indonesia driving output. Domestic consumption in these countries is set to grow, while the seaborne coal market faces a decline, according to Reuters. Together, China, India...
A new International Energy Agency (IEA) report highlights Southeast Asia’s potential to use renewable energy to meet rapidly growing electricity demand. In 2024, regional electricity consumption rose by over 7%, nearly double the global average, and...
The Asian Development Bank (ADB) has approved a loan of $52.72 million to support Cambodia’s Grid Expansion Project. The program aims to strengthen the national transmission network, integrate more renewable energy, and meet growing electricity...
Libya has introduced its first minimum energy performance standards (MEPS) and labelling programme to improve appliance efficiency and strengthen energy regulations. The initiative is part of the country’s broader energy transition efforts. The...
The Dutch government will allocate about €1 billion ($1.18 billion) in subsidies to support the development of offshore wind farms with a total planned capacity of 2 gigawatts (GW). The decision follows a pause in tenders announced in May, after...
Zimbabwe has signed a 15-year concession agreement with Jindal Africa, a subsidiary of India’s Jindal Steel, to rehabilitate the 920 megawatt (MW) coal-fired Hwange thermal power station. The deal is valued at $455 million. According to the country’s...
Low-emission hydrogen production is expected to expand this decade despite project delays and cancellations, the International Energy Agency (IEA) said in its Global Hydrogen Review 2025. The report noted that global hydrogen demand reached nearly...
Mozambique is advancing plans for the $6 billion Mphanda Nkuwa hydroelectric project on the Zambezi River, backed by the World Bank and private partners. The facility is expected to generate 1,500 megawatts when it becomes operational in 2031, making...
Developers are studying projects to connect distant regions with electricity cables that could exceed 4,000 kilometres, the Financial Times reported. Potential links include Canada to the United Kingdom and Australia to Singapore. The idea is to...
Eco Wave Power, in collaboration with AltaSea and Shell Marine Renewable Energy, has launched the first onshore wave energy project in the United States at the Port of Los Angeles. The project is currently in the demonstration phase and is intended...
A new framework to accelerate pumped storage hydropower has received support from more than 55 governments and international organisations. The move aims to strengthen clean energy systems globally. The Global Alliance for Pumped Storage (GAPS)...
Italy may struggle to achieve its carbon reduction goals because of delays in renewable energy deployment and energy storage projects, according to a Reuters report citing a study by Edison and TEHA Group. The country could require up to ten...
Adani Power and Druk Green Power Corporation Ltd. (DGPC) have formalised agreements with the Royal Government of Bhutan to develop the 570 MW Wangchhu hydroelectric project, with construction expected to begin in 2026. The Shareholders Agreement for...
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ANDRITZ has secured a contract from Tata Power to supply generating units for the 1,000 MW Bhivpuri...
ReNew Green Energy Solutions, the commercial and industrial (C&I) clean energy arm of ReNew...
Climate Fund Managers has committed USD 32.2 million in construction equity from its Climate...
The Ministry of New & Renewable Energy (MNRE) has amended the Approved Models and Manufacturers...
KPI Green Energy Limited has secured Rs 979 crore in debt financing from Canara Bank for a 150 MW...
NHPC Limited has declared commercial operation date (CoD) of Unit 1 (250 MW) of the Subansiri Lower...
Kalpataru Projects International Limited (KPIL) has secured new orders worth approximately Rs 2,471...
Adani Power Limited has informed the BSE and NSE that Puneet Bansal will take over as Company...
Power Finance Corporation Limited (PFC) has approved a borrowing programme of up to Rs 1,60,000...
ACME Eco Clean Energy Private Limited, a subsidiary of ACME Solar Holdings, has commissioned an...