Big Moves
BII and CIP launch $300 million Indian clean energy platform
BII has announced the launch of North Star. It is a $300 million platform aimed at accelerating the development of clean energy in India. BII will invest $150 million in the platform, while another $150 million will be provided by Copenhagen Infrastructure Partners through its Growth Markets Fund II. The platform is the first investment under British Climate Partners, a £1.1 billion climate finance initiative launched by BII.
News
Sumitomo Corporation to invest in 694 MW UK BESS portfolio
Sumitomo Corporation, through Summit Transition Partners (STP), has agreed to invest in multiple large-scale battery energy storage system (BESS) projects in the UK. The projects are being developed by Gresham House Energy Storage Fund plc. Additionally, Sumitomo Corporation has also entered into a battery storage partnership with Gresham House Limited.
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
Shenzhen, China, Pioneers ‘Near-Zero Carbon Communities’
In Shenzhen’s Houhai Central District, summer temperatures climb higher each year. For residents in dense, aging apartment blocks, staying cool isn’t just a matter of comfort; it’s a matter of cost. People are relying more heavily on air conditioners for relief. Electricity bills are surging as a result. Residents want lower bills, cooler streets and better neighborhoods. Shenzhen is prepared to give it to them. The city is in the process of implementing 113 near-zero carbon demonstration projects, an ambitious plan to cut greenhouse gas emissions, reduce energy costs and build a greener future.
Mega Trends & Analysis
US BESS Deployments Rise By 32% in Q1 2026: SEIA
Q1 2026 saw BESS deployments of just under 10 GWh, up 32% compared to Q1 2025. The utility-scale market accounts for over 75% of deployments, as developers continue to see growing markets in capacity, energy arbitrage, and long-term contracts. Residential BESS deployments in Q1 2026 reached 515 MWh across the U.S., representing a 28% decrease compared to Q1 2025. Data center growth in the U.S. is leading to a variety of energy storage approaches from facility developers. The U.S. policy landscape for BESS over the last 12 months has been a balancing act between domestic manufacturing ambitions, immediate grid needs and energy security.
Policy Watch
EU’s CBAM and Carbon Pricing Diplomacy
2026 is a crucial year for the EU to advance a more comprehensive diplomatic agenda on the CBAM to support its global partnerships. The EU has built an impressive toolkit for international cooperation on carbon pricing, but the patchwork of positive examples is still overshadowed by continued CBAM criticism. Addressing this now will ensure that trade partner concerns do not hinder progress in EU bilateral relationships and multilateral spaces further down the line. By repositioning the CBAM as a central component of a coherent trade and climate toolkit, the EU can strengthen its global relationships, sustain its long-term industrial decarbonisation pathway and reinforce its role as a trusted partner.
Tech Talk
Southeast Asia’s Grid Ambitions: Conference highlights of TransTech ASEAN 2026
Southeast Asia’s energy transition is gathering momentum, supported by rising investment, evolving policy frameworks, and closer regional integration. Countries are setting ambitious renewable energy targets, electricity demand is growing, and governments are increasingly recognising that power grids, not just generation, are the critical bottleneck to overcome. The region is expected to drive 25 per cent of global energy demand growth by 2035. As one of the fastest-growing electricity markets, it needs to balance industrial growth, rapid electrification and decarbonisation efforts. With nearly 200 GW of renewable energy potential, project development is accelerating to meet demand from transport electrification, data centres and net-zero goals.
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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
State of Climate in Latin America and the Caribbean: Report
Temperatures remained well above average, with 2025 ranking among the fifth to eighth warmest years on record across Latin America and the Caribbean, at around +0.40 °C above 1991–2020 levels. Andean glaciers are losing mass at an accelerating rate with implications for long-term water security in the region. Sea levels are rising faster than the global average along the northern Atlantic coast of South America and across Central America and the Caribbean. As extreme heat events intensify, reducing avoidable mortality will depend on strengthening climate–health cooperation, improving mortality attribution and embedding climate intelligence into health planning and emergency preparedness across the region.
Finance
The Economics of Community Solar in US
Utilities often oppose customer-driven, third-party owned energy projects like community solar because they threaten shareholder profits. And because utility ratemaking is complicated and often happens in a black box, it’s hard for legislators to know the truth. In reality, extensive research and real-world data show that the benefits of community solar and other distributed generation reduce long-term costs for all ratepayers. That’s because small projects placed on the distribution system closer to customers make more efficient use of existing infrastructure, leverage private capital to upgrade the system, and allow utilities to reduce and avoid certain costs that ratepayers would otherwise incur.
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This space is reserved for sponsored content and advertising banners. Sponsored content can include white papers, webinars, case studies, research reports and other relevant content. The advertising can be in the form of banners with links to the advertiser’s landing page. If you would like to promote sponsored content or advertise, please write to us at: marketing@reglobal.co