Big Moves
Matrix Renewables secures $1.3 billion for US renewable portfolio
Matrix Renewables has closed a $1.3 billion financing package for a US portfolio comprising 859 MWdc of solar and 167 MWh of battery energy storage projects (BESS) across Texas, California, and Idaho. The transaction includes over $470 million in construction-to-term loans, around $400 million in tax equity bridge financing, and approximately $100 million in letters of credit.
News
Hy2gen’s Albatros hydrogen project wins European Hydrogen Bank support
Hy2gen Nordic's Albatros renewable hydrogen project located in Kassø, Denmark, has been selected for support under the European Hydrogen Bank (EHB). The project will feature a 100 MW electrolyser producing RFNBO-certified renewable hydrogen for industrial customers in Germany and across Europe. The project is expected to produce approximately 144,000 tonnes of renewable hydrogen over a period of 10 years.
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
Can Conventional Energy Expertise Bridge the Skill Gap in Energy Transition?
Oil and gas expertise can support the renewable energy transition when it is applied honestly, selectively, and with measurable results. Its best uses are in offshore wind, geothermal energy, carbon capture and storage, hydrogen, methane reduction, safety systems, and large-scale project delivery. But expertise is not the same as progress. If traditional energy companies continue to prioritise fossil fuel expansion while using clean energy language for reputation, they will slow the transition rather than support it. The real question is not whether oil and gas knowledge has value. It does. The better question is whether that knowledge will be used to protect old systems or build cleaner, safer, and more reliable energy infrastructure for the future.
Mega Trends & Analysis
India’s Wind Sector Shows Signs of Revival
India’s wind power sector has regained momentum, recording its highest annual additions in nearly a decade. During 2025-26, the country added 6.05 GW of new wind capacity, exceeding the previous peak of around 5.5 GW achieved in 2016-17. A key driver of this growth has been the expanding commercial and industrial (C&I) market, which accounted for nearly 4.5 GW, or about 75 per cent, of total wind capacity additions during the year. Further, India’s total installed wind capacity stood at about 56 GW as of 2025-26. While recent momentum in the wind sector is encouraging, key challenges remain. These include untapped offshore wind potential, slower technology advancement compared to global markets, and persistent project execution and grid constraints.
Policy Watch
New Community Solar Policy Interventions in Various US States
In 2026, the United States surpassed 6 million solar installations, just two short years after it reached 5 million installations. For Americans looking to save on their utility bills and, for those who add batteries, ensure resilient access to power during a grid outage, solar and storage are the go-to solutions. There is enough solar installed in the United States to power roughly 50 million households, and by 2034, there will be enough solar capacity to power 100 million homes. In 2025, a new solar project was installed every 59 seconds, and solar and storage combined to provide 79% of all new energy capacity added to the U.S. grid.
Tech Talk
Renewables Impact: Assessing power system resilience in non-EU Mediterranean countries
The transition towards higher shares of renewable energy across the assessed Mediterranean countries is expected to significantly increase system flexibility requirements between 2025 and 2030. As renewable deployment accelerates, ramping requirements and periods of negative residual load are expected to intensify, with Tunisia facing the most frequent occurrences, particularly in winter when demand is low and renewable output remains high. While solar and wind follow relatively predictable daily patterns, electricity demand varies seasonally, with summer demand creating mismatches between supply and consumption. This increases the need for flexible resources such as energy storage, demand response and cross-border interconnectors to balance the system.
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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
Securing Critical Minerals in the US: Paper
Numerous countries have developed critical minerals lists. These lists greatly overlap but are rarely identical because vulnerabilities and demand are unique to each country’s geology, capacity, and requirements. The United States 2025 List of Critical Minerals, developed by the U.S. Geological Survey, includes sixty minerals, up from fifty in 2022. Unlike many other countries, the United States does not group heavy and light rare earth elements (REEs) or Platinum Group metals, resulting in larger lists.
Finance
Can solar panels improve energy access for low-income households in Pakistan?
As electricity prices across Pakistan soar, the Punjab government is testing a novel alternative to traditional subsidies: providing free solar panels to nearly 100,000 low-income households. A new evaluation examines the impact of this programme on electricity access and household outcomes, to determine whether distributed renewable energy can ensure affordable energy access while reducing fiscal burdens. Chronic electricity shortages and rising fuel costs have made it difficult for Pakistan to ensure its people have basic electricity access. The country has historically relied on lifeline tariffs to subsidise electricity access for poor households.
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