Power Grid Corporation of India Limited (POWERGRID) has expanded its interstate transmission portfolio by acquiring two special purpose vehicles (SPVs) through the tariff-based competitive bidding (TBCB) process. POWERGRID acquired Vindhyachal...
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...
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PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Limited...
The National Committee on Transmission (NCT) has approved a Rs 4,378 crore transmission scheme to...
AMPIN Solar ONE, the joint venture between AMPIN Energy Transition and Jupiter International...
India has nearly 47 GW of Battery Energy Storage System (BESS) capacity at various stages of...
Shyam Sel and Power Limited, a wholly owned subsidiary of Shyam Metals and Energy Limited, has...
Hisun Green Power Private Limited has commissioned the Harali 220 kV Double Circuit Transmission...
Suzlon Energy Limited reported a consolidated net profit of Rs 305 crore for the quarter ended June...
Hindalco Industries has submitted a formal proposal to Nuclear Power Corporation of India Limited...
The Ministry of Power, Government of India, has extended the tenure of Shri Gurdeep Singh as...
Why Gujarat’s Kandla hydrogen transmission plan fell through The National Committee on Transmission...