Big Moves

Exus acquires 715 MW solar projects in US

Exus Renewables North America has acquired four utility-scale solar projects in Louisiana and Wisconsin from ibV Energy Partners. The projects have a combined capacity of 715 MW and include the 310 MW Maple Grove Solar 1 and 2 projects in Wisconsin, and the 125 MW Bayou Teche and 280 MW Bayou Chicot projects in Louisiana. Exus will develop, construct and operate the projects, which are expected to approximately double its renewable energy portfolio.

News

Foresight reaches financial close for Kondinin wind farm in Australia

Foresight has reached financial close for the 130 MW first stage of the Kondinin wind farm in Western Australia’s Wheatbelt, securing A$430 million in debt financing. The financing has been provided by Australia and New Zealand Banking Group, Commonwealth Bank of Australia, Deutsche Bank, HSBC and Westpac. The financial close will allow construction of stage 1 to begin.

Interviews

The energy transition is not far off, it is happening now: Scotland’s Stephen Gethins

The message that I have received has been clear – that the energy sector, as a whole, is delivering the transformation we need and that Scotland is well placed with decades of experience, skills, expertise, infrastructure and the other necessary ingredients that place us at a competitive advantage. Now there’s no question that there are significant challenges. However, it has been good to hear about the transformation that is being delivered now and hearing the message that Scotland is a good place to invest and a good place to do business.

Opinion & Perspective

The Long Game on Energy Affordability in the US

As electricity costs rise and states make important decisions about energy affordability, the most successful approaches protect consumers today while continuing to invest in energy efficiency and clean energy resources that lower bills over time. As the war in Iran drives up energy prices and as heat waves blanket much of the country, Americans’ electricity bills are rising. Energy efficiency improvements are some of the most cost-effective tools available to help make homes more comfortable and lower household energy costs. But while these improvements save households money over time, their upfront costs make them an easy target for policymakers seeking to lower consumers’ energy bills in the short term.

Mega Trends & Analysis

Lessons from India’s Transition to Electric Vehicles

India’s EV market has gained significant momentum. According to the Indian government’s vehicle registration data, cumulative EV sales have now reached 10.21 million among more than 449 million vehicles on Indian roads, and the share of EVs in new vehicle sales rose to 8.25 percent in fiscal year ending March 2026, up from 7.48 percent the year before. This growth reflects deliberate policy support: Schemes such as the PM E-DRIVE, the Production-Linked Incentive (PLI) for automobile manufacturing, and the PLI for Advanced Chemistry Cell (PLI-ACC) battery storage have lowered costs and de-risked investment for both manufacturers and buyers. Other countries pursuing their own EV transitions can draw on the same policy tools.

Policy Watch

Philippines’ Grid Expansion: NGCP’s TDP 2026-50 targets a fully unified national grid

The Philippines, an archipelago of more than 7,600 islands across rugged and mountainous terrain, remains one of the Association of Southeast Asian Nations’ (ASEAN) fastest-growing economies. The Department of Energy (DOE) is targeting a renewable energy share of 35 per cent by 2030 and 50 per cent by 2040, up from about 25 per cent today, while system peak demand (SPD) is projected to more than quadruple from 20 GW in 2026 to over 80 GW by 2050. This expansion is being driven by a strengthening economy, a rising population, urbanisation, increasing electrification and a growing digital economy, including data centres.

Tech Talk

Enhancing Europe’s Grid Stability: Forced oscillation guidance on draft NC RfG 2.0

The ENTSO-E and WindEurope, jointly released the Technical Group on Forced Oscillations Report, to provide technical guidance on the proposed forced oscillation requirements introduced in the draft NC RfG 2.0. Although the report is non-binding, it is intended to form the technical basis for a future implementation guidance document after the EC formally adopts the revised network code. The report primarily focuses on wind power plants, although future requirements will also apply to other inverter-based power park modules, including solar photovoltaic plants and battery energy storage systems. As Europe moves towards an increasingly inverter-based power system, the report provides a practical framework for managing forced oscillations while highlighting the need for continued research and collaboration.

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Webinars & Videos

The Economics of Firm Solar and Wind: IRENA Insights

Solar and wind have become the cheapest sources of new electricity generation worldwide. As renewable penetration rises, however, the central challenge of the energy transition is increasingly one of adequacy and flexibility – ensuring that clean electricity is available when and where it is needed. This webinar presented findings from IRENA's report, 24/7 Renewables: The Economics of Firm Solar and Wind, which introduces the firm leveled cost of electricity (firm LCOE): a project-level benchmark that adds battery storage, generation overbuild and complementary renewables to the conventional LCOE.

Knowledge Centre

Climate Finance in Latin America and the Caribbean: Report

Latin America and the Caribbean (LAC) has significant climate investment opportunities and some relatively mature markets, but climate finance remains far below needs and highly uneven across countries, sectors, and climate objectives. Brazil, Mexico, and several larger South American economies have deeper capital markets and larger project pipelines than other countries in the region, along with significant opportunities in renewable energy, industry, and land use. By contrast, other Caribbean, Central and South American countries face smaller markets, high exposure to climate shocks, greater dependence on imported fuels and more constrained fiscal space.

Finance

Role of Tax Equity Investments in US clean energy sector

Energy tax credits play a central role in supporting investment and growth across the energy sector. Their continued availability, alongside evolving mechanisms for monetising these incentives, provides a supportive framework for further clean energy deployment. Federal tax credits provide financial incentives for a range of energy sources, manufacturing technologies, and critical minerals, driving adoption across states, industries, and customers. They work by reducing the tax liability of project developers and investors, effectively lowering the overall costs of developing energy projects.

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