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US solar stocks rise after Treasury eases subsidy rules

Shares of US solar companies gained after the Treasury Department issued guidance on clean energy subsidies that proved less restrictive than expected. The new rules, announced on 15 August, clarify what qualifies as a solar or wind project under...

BCA data shows strong demand for used EVs despite industry caution

British Car Auctions (BCA) reports that used electric vehicle (EV) activity in the UK reached record levels in August, with EVs outperforming petrol and diesel models. BCA said EVs showed the highest rate of first-time conversions and the best...

UK study compares energy use of digital services with physical alternatives

A study by Europe Economics, commissioned by the UK Department for Energy Security and Net Zero, has developed a methodology to estimate the electricity consumption of digital services against physical equivalents. The research assesses energy use...

Germany awards 2.27 GW solar capacity in July auction

Germany’s Federal Network Agency has announced results of the 1 July 2025 solar auction for ground-mounted projects and installations on constructions other than buildings or noise barriers. The tendered capacity was 2,266 MW, while bids reached...

Nextracker to supply 1.5 GW solar tracker systems for Casa dos Ventos projects

Brazilian renewable energy company Casa dos Ventos has appointed Nextracker to provide 1.5 gigawatts of solar tracker systems for its first utility-scale solar projects. The agreement covers four new sites across Bahia and Mato Grosso do Sul. The...

Bahrain begins work on first large-scale solar power plant

Bahrain’s Electricity and Water Authority (EWA) has started development of its first utility-scale solar power project, planned to generate up to 150 MW of electricity. The facility will be located near Bilaj Al Jazayer in the southern region and...

US ends $7 billion Solar for All program after funding cut

The Trump Administration has cancelled the $7 billion Solar for All grant program for low-income and disadvantaged households. The move follows the One Big Beautiful Bill Act, which removed the Greenhouse Gas Reduction Fund that had authorised the...

First stage of Waratah Super Battery begins operation in NSW

Akaysha Energy has brought the first 350 MW / 700 MWh of the Waratah Super Battery online. Commissioned by the New South Wales (NSW) Government and developed by Akaysha Energy, the facility is intended to act as a shock absorber for the state’s...

China’s renewable curtailment worsens amid grid delays

China’s solar and wind curtailment rates rose sharply in the first half of 2025, highlighting growing grid constraints amid record renewable additions. Solar curtailment reached 5.7 per cent, up from 3 per cent a year earlier. Wind rose to 6.6 per...

IEA finds high cost of capital still a major barrier for clean energy in EMDEs

The International Energy Agency (IEA) has reported that the cost of capital for clean energy projects in emerging markets and developing economies (EMDEs) remains at least twice as high as in advanced economies. This disparity continues to limit...

China establishes Yajiang Group for Brahmaputra mega dam

China has formally established China Yajiang Group Corporation Limited, a new state-owned enterprise that will lead the construction of the Medog hydropower project on the Yarlung Tsangpo River, known as the Brahmaputra in India.  The announcement...

Afghanistan signs deal to develop 10 GW power capacity by 2032

Afghanistan’s Ministry of Energy and Water has signed a $10 billion agreement with a domestic private company to develop power projects with a combined capacity of 10,000 megawatts, Tolo News reported. The projects will be implemented over a six-year...

Vietnam shortlists 24 energy projects under JETP

Vietnam and the International Partners Group (IPG) have identified 24 energy projects eligible for support under the Just Energy Transition Partnership (JETP), with an estimated investment requirement exceeding USD 7 billion. The update was shared...

Indonesia’s Dieng geothermal plant to add 110 MW capacity

Indonesia is set to expand the Dieng Geothermal Power Plant in Wonosobo, Central Java, by an additional 110 MW as part of a proposed project backed by the Asian Development Bank.  The expansion will support PT Geo Dipa Energi, the state-owned...

Wipro to deploy smart meter data system for Saudi Arabia’s National Grid SA

Wipro has signed a multi-year agreement with Saudi Electric Company’s transmission arm, National Grid SA, to implement a smart meter data management (MDM) system. The project is expected to modernise the utility’s data infrastructure and improve...

Tata Power completes first tranche of Bhutan hydro investment

Tata Power has completed the initial phase of its planned investment in Bhutan’s Khorlochhu Hydro Power Limited (KHPL) by acquiring a 40 per cent equity stake for Rs 1.2 billion, according to the company’s regulatory filing dated July 24. The...

Satellite images reveal China’s race to dominate nuclear fusion

Satellite images have revealed that China is constructing a major nuclear fusion facility in Mianyang, designed to be 50 per cent larger than the United States’ National Ignition Facility (NIF) in California. The development marks a significant...

Iberdrola raises €5bn to fund grid investments in US and UK

Iberdrola has completed a €5 billion (USD 5.8 billion) capital raise to support its electricity grid investments in the United States and the United Kingdom. The company issued 331 million new shares through an accelerated bookbuilding process, with...

UK clears final investment for Sizewell C nuclear project

The UK government has approved the final investment decision for the Sizewell C nuclear power plant and will hold a 44.9 per cent equity stake, becoming its largest investor. The £38 billion project will power 6 million homes for at least 60 years...

Digital growth must not outpace sustainability goals, says Qatar-backed report

A report backed by Invest Qatar and Iberdrola Innovation Middle East warns that unless clean energy investment keeps pace, digitalisation could strain power grids and delay net zero transitions. Data centres consumed 1.5% of global electricity in...

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MNRE forms panel on ALMM exemptions for solar projects

The Ministry of New and Renewable Energy (MNRE) has constituted an Expert Committee to examine...

APTEL quashes MSEDCL’s 2,000 MW BESS bidding process

The Appellate Tribunal for Electricity (APTEL) has set aside the Maharashtra Electricity Regulatory...

Global transformer supply constraints show signs of easing: Rystad

Supply chain constraints in the global grid equipment market are beginning to ease as original...

Siemens Energy to acquire grid technology firm Camlin Group

Siemens Energy has signed an agreement to acquire Camlin Group, a Northern Ireland-based company...

Turkey, Azerbaijan plan new electricity corridor to Europe

Turkey and Azerbaijan have announced plans to establish a new electricity corridor aimed at...

Brazil tests ethanol engine for thermal power generation

Brazil has launched a project described as the world’s first large-scale thermal power engine...

KPTCL begins shift to biodegradable ester oil in transformers

The Karnataka Power Transmission Corporation Limited (KPTCL) has initiated the transition from...

Cabinet approves Rs 9,585 crore Delhi-NCR clean mobility scheme

The Union Cabinet chaired by Prime Minister Narendra Modi has approved a two-year scheme aimed at...

Adani Solar, Waaree and Premier Energies make Wood Mackenzie’s Grade A solar module list for 2026

Indian solar manufacturers strengthened their position in the Global Solar PV Module Manufacturer...

MKC Green wins 125 MW BESS project in Uttar Pradesh

MKC Green Energy Limited has secured a Letter of Award (LoA) for the development of a 125 MW / 500...