The World Bank’s State and Trends of Carbon Pricing 2025 report shows global carbon pricing revenues surpassed US$100 billion in 2024, with over 50 per cent allocated to environmental, infrastructure, and development projects. This marks a...
The World Bank has ended its 2013 ban on financing nuclear energy projects in developing countries. The decision, reported by Reuters, reflects a shift in response to rising electricity demand and a push for energy diversification. Under the new...
Operational emissions from leading AI-focused tech companies have surged, according to a new report by the World Benchmarking Alliance (WBA) and the International Telecommunication Union (ITU). From 2020 to 2023, emissions rose by an average of 150%...
Indonesia’s Ministry of Energy and Mineral Resources has released its 2025–2034 Electricity Supply Business Plan, targeting 69.5 GW of new power generation capacity. Of this, 76 per cent will come from renewable sources and storage systems. The plan...
Global energy investment is set to reach USD 3.3 trillion in 2025, up 2% from 2024, according to a report from the International Energy Agency (IEA), World Energy Investment 2025. Around USD 2.2 trillion will go to clean energy, double the USD 1.1...
French renewable energy firm Neoen has inaugurated Portugal’s largest solar park, located in Azambuja, 70 km north of Lisbon. The facility began supplying electricity to the grid in late 2024 and is now fully operational. The park includes the 204...
Waaree Solar Americas, the US subsidiary of India’s Waaree Energies, has signed a solar module supply agreement worth $176 million with a US-based independent power producer (IPP). Under the agreement, Waaree will supply 586 MW of solar photovoltaic...
AMEA Power has commissioned a 500-megawatt (MW) wind power plant in Ras Ghareb, located in Egypt’s Red Sea Governorate. The facility is now the largest operational wind farm in Africa. The project is a joint venture between AMEA Power, which holds a...
The U.S. Department of the Interior has activated emergency permitting procedures to accelerate geothermal energy projects considered essential for national security and energy reliability. This action follows the national energy emergency declared...
Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore renewable electricity exports from Vietnam, with offshore wind as a core source. The partnership links Tenaga Nasional Berhad and Petroliam Nasional Berhad...
Smart energy firm GridBeyond has partnered with ABB to launch a battery energy storage system-as-a-service (BESS-as-a-service) model, targeting commercial and industrial (C&I) customers. The offering will allow businesses to access energy storage...
At the 2025 World Nuclear Supply Chain (WNSC) Conference, leaders across the sector emphasised a shared priority: long-term policy certainty from governments. Sama Bilbao y León, head of the World Nuclear Association, called for stability in...
The World Bank has approved a USD350 million grant for the Mpatamanga Hydropower Storage Project (MHSP) in Malawi. The funding was cleared by the International Development Association (IDA), a part of the World Bank Group. The 358.5 MW project was...
Germany has informed France it will no longer oppose recognising nuclear power as equal to renewable energy in European Union (EU) legislation, according to a report by Reuters. This marks a major shift in Germany’s energy policy under its new...
Fluxys and OQ Gas Networks SAOG (OQGN) have signed an agreement to jointly develop a hydrogen transportation network in Oman. Fluxys will participate as a minority shareholder, while OQGN will lead the project. The planned hydrogen infrastructure...
Seven companies have been shortlisted to bid for two major power projects in Oman, valued at OR880 million (US$2.28 billion). The tender process is being overseen by Nama Power and Water Procurement Company, the country’s sole buyer of power and...
The Government of Singapore has announced a $500 million investment under its FAST-P (Financing Asia’s Transition Partnership) program to support clean energy deployment and industrial decarbonisation across Asia. Launched in 2023, FAST-P aims to...
Terna, Italy’s national grid operator, and IPTO (Independent Power Transmission Operator), the Greek transmission system operator, have signed a memorandum of understanding (MoU) to develop a new high-voltage electricity interconnection named GRITA...
The Provincial Government of Binh Dinh has proposed the inclusion of the 15 MW Hoi Van geothermal power project in Vietnam’s national power development plan VIII (PDP8). The project, to be located in Cat Hiep commune, Phu Cat district, requires an...
Zelestra has secured €146.6 million in green financing to build six solar photovoltaic (PV) projects in Spain. The projects will form two clusters—Belinchón and Brazatortas—adding a combined capacity of 237 megawatt direct current (MWdc). The...
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Reliance Industries Limited (RIL) has signed a binding 15-year agreement with Samsung C&T...
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...