The International Energy Agency’s Renewables 2025 report highlights how the expansion of renewable energy has reduced fossil fuel import dependence across more than 100 countries. The study compares actual developments with a “low renewable-energy...
The Australian federal government has announced the results of Tender 4 under its Capacity Investment Scheme, selecting 20 renewable and storage projects with a total capacity of 6.6 gigawatts. The outcome exceeds the tender’s original 6-gigawatt...
The Asian Infrastructure Investment Bank (AIIB) will provide $52m in sovereign-backed financing to Sri Lanka to support the Kerawalapitiya-Port L Second Transmission Line Project, aimed at strengthening renewable energy integration and grid stability...
Brookfield Asset Management has completed the final close of its Brookfield Global Transition Fund II (BGTF II), raising USD 20 billion to accelerate investments in clean energy and low-carbon technologies worldwide. The fund will finance a broad...
The World Bank has announced a $2.5 billion initiative to help East Asia and Pacific countries decarbonise their power sectors, with a focus on scaling up renewable energy. The program will be implemented through the Multiphase Programmatic Approach...
Corporate purchasers are increasingly driving renewable energy development in the US, according to a report commissioned by the Clean Energy Buyers Association (CEBA). The study found that without voluntary commitments from companies to buy renewable...
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...
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The Central Electricity Regulatory Commission issued a batch of tariff adoption orders through March...
Adani Green, IHC arm form JV for RE projects in India Adani Green Energy Limited (AGEL) has signed a...
Pace Digitek Limited has announced a milestone in its energy storage business, with its subsidiary...
Vihaan Clean & Green Tech Private Limited has launched a biomass-based boiler plant in Gujarat...
Neuron Energy has commissioned a containerised battery energy storage system (BESS) manufacturing...
A 1 GW photovoltaic (PV) project in northern Laos has been connected to the grid, marking the...
JSW Energy Limited has exercised its call option to acquire the remaining 26% equity stake in JSW...
Saatvik Solar Industries Private Limited, a subsidiary of Saatvik Green Energy Limited, has received...
Mahindra & Mahindra Limited (M&M) has approved the acquisition of a 26% equity stake in Neon...
Adani Green Energy Limited (AGEL) has signed a Joint Venture Agreement (JVA) with Minerva Holding...