Big Moves
RWE secures approval for 1.1 GW Australian wind farm
RWE has received federal environmental approval for its 1.1 GW Theodore wind farm. The project is located in Central Queensland, Australia. The project secured State Development Approval in June 2025 and was awarded the Capacity Investment Scheme contract under Tender 7 in May 2026. The project, valued at A$3 billion, will comprise up to 170 wind turbines and a battery energy storage system (BESS).
News
Ocean Winds secures consent for 2 GW Scottish offshore wind project
Ocean Winds has secured offshore consent from the Scottish Government for its 2 GW Caledonia Offshore Wind Farm. The project forms a part of the Crown Estate Scotland's ScotWind leasing round. The project comprises the 1 GW Caledonia North and 1 GW Caledonia South wind farms, with up to 140 turbines across a 429 sq km site. Caledonia North will use fixed-bottom foundations, while Caledonia South will combine fixed-bottom and floating foundation technology.
Interviews
Floating solar is getting more reliable and profitable: Ciel & Terre’s Vincent Grumetz
The first floating solar projects were installed 15 years ago, and we can see that those power plants are still running and producing electricity. Thus, the technology is proven. Further, growth is also being driven by the price, and floating solar technology is becoming more competitive. For instance, the price of solar modules went down, and so did the capex of floating solar, thereby making this technology more profitable.
Opinion & Perspective
US Local Governments Are Redefining the Clean Energy Blueprint
Recent federal policy decisions combined with rising energy demand are contributing to an immediate set of challenges for Americans: volatile electricity prices and growing concerns about affordability and reliability. Local governments are applying a range of strategies. They are leveraging municipal assets to host clean energy projects, streamlining local ordinance and permitting processes, making the most of limited remaining clean energy incentives from the Inflation Reduction Act for battery storage and geothermal projects, and exploring how to integrate localized energy generation and storage technologies to increase community and grid resilience.
Mega Trends & Analysis
Beyond roads: Inland shipping is China’s next electrification frontier
By the end of 2024, China had more than 440 electric ships in operation, with ferries accounting for 97% of the total fleet. This is not surprising given the relatively high technical and economic feasibility of electrifying small ferries operating on short, fixed routes. Yet the real story lies beyond ferries: China has begun electrifying cargo ships—traditionally considered far more difficult to electrify due to their larger energy demand and more complex operational requirements—primarily for use along inland waterways. Electrifying China’s inland shipping industry at scale will require overcoming multiple barriers, including financial and operational constraints to the adoption of electric cargo ships. But well-designed, coordinated policy can chart the course forward.
Policy Watch
A plan to make Europe the first electro-continent
The Commission has unveiled a new electrification action plan aimed at speeding up the shift from fossil fuels to electricity in Europe across industry, transport and buildings. The goal is to make Europe the world's first "electro-powered" continent by aiming to increase electrification from today's 23% of energy use to 46% by 2040. By reaching this goal, the EU could save €260 billion per year in fossil fuel imports. The new plan proposes a series of measures that will help reduce the price gap between electricity and fossil energy costs and by incentivising the uptake of cleaner, electricity-based technologies such as heat pumps, electric vehicles and batteries, among others.
Tech Talk
Digital Upgrade: Growing role of automation in enhancing renewable power operations
With renewable energy capacity expanding rapidly, power plants are increasingly using automation and digital tools to handle more complex operations and improve efficiency. Automation in the sector has progressed steadily, moving from basic mechanisation to advanced systems such as programmable logic controllers and supervisory control and data acquisition (SCADA) platforms. At present, technologies such as artificial intelligence (AI), drones, robotics and internet of things (IoT) are enabling real-time monitoring, predictive maintenance and better forecasting of power generation. Automated systems also allow operators to centrally monitor and remotely manage renewable assets across multiple locations, helping reduce downtime, lower losses and improve overall plant performance.
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Webinars & Videos
The Future of Electricity in the Middle East and North Africa Webinar
Across the Middle East and North Africa (MENA) – a region that has long been a cornerstone of the global energy system – electricity demand is surging, driven by cooling and desalination needs, as well as urbanisation, electrification and digitalisation. How countries meet this increased demand will have profound implications for both regional economies and global energy markets.
Knowledge Centre
Building Malaysia’s Clean Power System: Report
Malaysia has established strong foundations for an orderly and gradual transition away from coal power, underpinned by a commitment not to build new coal power generation and a final transition date of 2044. Its policy and regulatory framework, along with its long-term goal to reach a 70% share of renewables by 2050, provide a strong basis for the country to capitalize on its natural assets and develop cheaper and more sustainable electricity generation alternatives. This transition offers profound benefits for Malaysians, including lower-cost renewable energy, less pollution and reduced exposure to fuel import costs and volatility. However, it is not without challenges. A renewables led system will need to be stabilized with additional baseload or “firm” power as coal gradually exits.
Finance
Green Hydrogen Economics: Cost and financing considerations
Green hydrogen has rapidly moved from being a long-term decarbonisation concept to an emerging industrial and energy transition priority. Backed by policy support, growing institutional interest and ambitious project announcements, the sector has witnessed significant momentum over the past few years. However, despite this progress, the industry remains at a formative stage, with commercial viability continuing to depend on how effectively challenges related to production costs, financing, infrastructure and demand creation are addressed. Several aspects of the value chain are evolving simultaneously, but not always at the same pace, making the economics of green hydrogen central to the sector’s growth trajectory.
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