Big Moves
1.65 GW offshore wind projects secure grid agreements in Philippines
A partnership comprising Seawind Asia AG, Stream Invest Holdings AG, and Triconti ECC Renewables has secured first grid connection agreements for offshore wind projects totalling 1,650 MW in the Philippines. The agreements were granted by the National Grid Corporation of the Philippines and cover three projects: the 450 MW Frontera Bay project and the 600 MW Guimaras Strait and 600 MW Guimaras Strait II projects.
News
EC approves €1.1 billion French cleantech scheme
The European Commission (EC) has approved a €1.1 billion French state aid scheme aimed at expanding domestic cleantech manufacturing capacity in line with the Clean Industrial Deal. The scheme backs investments that increase manufacturing production capacity for net-zero technologies including solar, onshore and offshore wind, heat pumps, and battery technologies.
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
California is Lagging on Wind Development. Why?
As California’s solar industry flourished, California’s wind industry has languished. California’s goal of adding 5.2-10.3 GW of new wind by 2030 and 22.5-25.5 GW of new wind by 2045 will be difficult to attain at the rate things are going. The first step will be to get early development activity going again both for in-state and out-of-state wind projects beyond the current pipeline. To do that, the state may need to identify and reduce barriers to in-state wind development and initiate the process to build more transmission lines that enable both in-state and out-of-state wind projects.
Mega Trends & Analysis
Cost economics and policy landscape for the Indian floating solar sector
India’s floating solar segment is at a transition point. Having demonstrated technical feasibility through a limited number of large projects, it must now shift decisively towards more scalable deployment. The pace of deployment needs to pick up too. Achieving even 10 per cent of the 100 GW potential by 2030 would require annual additions of roughly 2 GW, a sharp increase from the current levels. Going forward, the real test for floating solar will not be how many projects are announced, but how quickly these can move from site identification to commissioning, under a standardised and reliable national framework.
Policy Watch
Policy Landscape for Geothermal Energy Development in US
While recent capacity gains have been modest, there are reasons to believe that the geothermal market could experience rapid growth in the near term. Market growth could result from anticipated improvements to both mature and emerging technologies, as well as emerging value-added uses. The expected load growth in the electric grid due to the proliferation of data center and industrial manufacturing hubs across the US is anticipated to increase the demand for baseload, flexible, and resilient energy sources like geothermal.
Tech Talk
Transmission Upgrade: Costa Rica undertakes grid expansion to accommodate renewables
Costa Rica’s electricity sector is undergoing a grid-centric transformation driven by the need for deeper renewable energy integration, enhancing grid stability against climate variability, and supporting rapid electrification of transport and industry. To expand and modernise the national grid to support integration of new generation and handle the new demand pressures, ICE has earmarked USD1 billion between 2025 and 2034 under its latest transmission plan, Plan de Expansion de la Transmision (PET) or Transmission Expansion Plan 2024-34.
SPONSORED CONTENT & ADS
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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
US Grid Expansion Delays & Consumer Costs: Report
This report “Delaying transmission increases costs and reduces benefits for consumers” from Grid Strategies, conducted on behalf of WIRES, quantifies how delays in developing large-scale transmission affect consumers and the broader economy. It finds that delaying needed expansion and modernization of the electric grid imposes significant costs on consumers by postponing or forfeiting key benefits, while also hindering economic growth, job creation, and national security objectives – including those tied to AI advancement.
Finance
Scaling adaptation finance in Southeast Asia
The impacts of climate-related disasters are particularly severe in Asia. Between 2000 and 2023, Asia recorded average annual direct economic losses of USD75.7 billion from climate events or 40% of the global average, reflecting both the region’s physical vulnerability and the scale of assets at risk. Southeast Asia faces recurring floods and storms that impose significant fiscal burdens, strain public infrastructure, and disrupt livelihoods. Asia is warming at twice the global average due to its extensive landmass. Despite mounting climate risks, adaptation investment in the region remains far below what is needed.
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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