Big Moves

FRV secures grid capacity for 2.3 GW renewables in Germany

Fotowatio Renewable Ventures (FRV) has secured 2.3 GW of grid capacity in Germany to support a portfolio of battery energy storage, solar PV, and hybrid renewable energy projects. The portfolio forms part of FRV’s broader international pipeline spanning solar, energy storage, hybrid systems, green hydrogen, and data center developments, with projects targeting ready-to-build (RTB) status between 2026 and 2029.

News

I Squared Capital and GS E&C to develop 1.5 GW renewables in South Korea

I Squared Capital and GS E&C have signed a memorandum of understanding to establish a joint venture (JV) focused on developing solar and battery energy storage projects in South Korea. The partnership aims to secure and develop 1.5 GW of renewable energy capacity by 2035, including approximately 820 MW of solar projects. The collaboration aligns with South Korea’s energy transition goals as it targets renewable energy sources to contribute at least 20 percent of total electricity generation by 2030.

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

Offshore renewables could unlock over $1 trillion in economic benefits for Africa

At a time when energy security, decarbonisation and affordability are high on the global agenda, Africa has an opportunity to harness its ocean-based renewable energy resources. The continent’s vast coastline, spanning 30,500 kilometres, offers significant potential for offshore wind and other ocean-based renewable energy technologies, supported by strong offshore winds and ocean currents. Yet, these power sources are still in the early stages of development. South Africa leads the way with 1,632 GW in offshore wind potential, followed by Namibia (1,259 GW), Libya (585 GW), Somalia (447 GW), and Morocco (382 GW). 

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

CAISO’s 2025-26 Transmission Plan: Outlines $7 billion investment to integrate new loads

California’s electricity demand is projected to rise sharply driven by the rapid expansion of large data centres, industrial growth, as well as transport and building electrification. Meeting this demand will require installed capacity additions of over 74 GW and 107 GW, respectively. These additions are also critical to achieving the state energy goals established under the Senate Bill (SB) 100, which mandates a renewables share of 50 per cent by 2026, 60 per cent by 2030 and 100 per cent by 2045. In April 2026, CAISO released its draft 2025-26 Transmission Plan, recommending 38 transmission upgrades with an estimated total cost of $7 billion, phased in over lead times of up to 8-10 years and translating to approximately 0.5 cents per kWh over the life of the projects.

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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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