Month: January 2025

Fixing Bangladesh’s Power Sector: Report

Fixing Bangladesh’s Power Sector: Report

January 31, 2025 | , , , ,

The report summarises that the Bangladesh Power Development Board (BPDB) continues to depend on hefty subsidy support from the government, despite a series of power tariff hikes, highlighting the need for reforms in the electricity sector. The proposed roadmap for reform suggests improving power demand forecasting methods by factoring in the role of energy efficiency to reduce overcapacity. It recommends limiting new investments in fossil fuels-based generation while promoting renewable energy deployment.

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Renewable energy development in Türkiye: EMBER

Renewable energy development in Türkiye: EMBER

January 31, 2025 | , , , ,

Türkiye’s solar energy capacity doubled in two and a half years and reached 19.6 GW by the end of 2024, achieving its 2025 target one and a half years early in 2024. This rapid progress showcases the country’s potential for more ambitious future goals. Over the past two and a half years, solar and wind energy combined have prevented $15 billion in natural gas imports, reinforcing Türkiye’s energy independence and reducing dependency on fossil fuels. Solar energy alone generated 52 TWh of electricity during this period, which accounted for 6% of the country’s total electricity supply. The country has a pipeline of 33 GW in pre-licensed storage-integrated solar and wind projects, far exceeding the official 2030 target of 2.1 GW

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Clean hydrogen uptake in US: Report

Clean hydrogen uptake in US: Report

January 31, 2025 | , , ,

The United States is on track to reach 7-9 MMTpa in operational capacity by 2030. Investment in clean hydrogen has nearly doubled in the last year—not including the approximately $50 billion of capital associated with DOE H2Hubs—shrinking the amount of additional capital investment required to achieve liftoff by 30-60%, to $30-150 billion from the $85-215 billion gap. Despite cost increases, markets for clean hydrogen are growing. Low-carbon reformation projects can target large, industrial offtakers in ammonia and refining. Electrolysis projects can target end markets with higher willingness to pay or markets with additional, stackable incentives.

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Enfinity Global adds 425 MW of BESS projects to its portfolio in US

Enfinity Global adds 425 MW of BESS projects to its portfolio in US

January 31, 2025 | , ,

Enfinity Global has expanded its battery energy storage systems (BESS) portfolio through two new projects in Texas. These projects have a total power capacity of 425 MW. Construction of these projects is expected to commence in the second and fourth quarters of 2025. These new additions will bring the company’s total BESS pipeline in US to 6.6 GW. Furthermore, these projects have a combined capacity of 850 MWh and a two-hour duration.

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Blueleaf Energy, Jakson Green to invest $400 million in 1 GW solar projects in India

Blueleaf Energy, Jakson Green to invest $400 million in 1 GW solar projects in India

January 31, 2025 | , ,

Blueleaf Energy has partnered with Jakson Green to invest $400 million in developing 1,000 MW of solar projects in Rajasthan. The investment is structured through a combination of debt and equity and includes three solar projects. These projects will integrate both inter-state and intra-state transmission systems and are backed by 25-year power purchase agreements secured with the Solar Energy Corporation of India, NHPC Limited, and Rajasthan Urja Vikas Nigam Limited.

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Qualitas Energy secures 250 MW wind energy portfolio in Germany

Qualitas Energy secures 250 MW wind energy portfolio in Germany

January 30, 2025 | , ,

Qualitas Energy has acquired a 250 MW wind energy portfolio in Germany. This portfolio consists of four wind farm projects which are at an advanced stage of development. These have a total of 37 turbines planned across the federal states of Saxony-Anhalt, Hesse, Lower Saxony, and Baden-Württemberg. Furthermore, once operational these projects will generate green electricity for over 166,000 households.

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JUWI to build 340 MW of C&I solar projects in South Africa

JUWI to build 340 MW of C&I solar projects in South Africa

January 30, 2025 | , ,

JUWI Renewable Energies will commence construction on three major private solar projects in South Africa. The projects will have a combined capacity of 340 MW and investments in them already exceed $320 million. These projects will cater to key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Furthermore, these projects together will generate over 1 MWh of clean energy annually.

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Meta signs four new EAPAs with Zelestra

Meta signs four new EAPAs with Zelestra

January 30, 2025 | , ,

Meta has expanded its clean energy relationship with Zelestra by signing four new Environmental Attribute Purchase Agreements (EAPAs). These new EAPAs will help support the construction four new solar power projects in Hopkins, Lamar, Lampasas, and Henderson Counties in the US state of Texas. These four projects will have a combined capacity of 720 MWdc.

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Korean Energy Agency awards offtake contract to Taean Wind Project

Korean Energy Agency awards offtake contract to Taean Wind Project

January 29, 2025 | , ,

Vena Energy and Copenhagen Infrastructure Partners’ (CIP) joint wind project has been awarded an offtake contract in the Wind Power Fixed-Price Contract Auction which was arranged by the Korea Energy Agency (KEA). This project is known as the Taean Wind Project and has a planned capacity of 500 MW.  Furthermore, this is a fixed-bottom offshore wind project and is expected to begin construction in the second half of 2026.

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ACWA Power & Snam ink MOU for green hydrogen development in Europe

ACWA Power & Snam ink MOU for green hydrogen development in Europe

January 29, 2025 | , ,

ACWA Power has inked a memorandum of understanding (MoU) with Snam to explore potential collaboration and joint investments. This partnership aims to establish a green hydrogen supply chain from Saudi Arabia to Europe. This international supply chain will be dependable and cost-effective. Furthermore, this partnership includes plans to evaluate the development of an ammonia import terminal in Italy to support the delivery of green hydrogen.

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Meridiam join forces with EBRD for renewable energy development in Egypt

Meridiam join forces with EBRD for renewable energy development in Egypt

January 28, 2025 | , ,

Meridiam has entered into a long-term strategic partnership with Hassan Allam Utilities (HAU) and the European Bank for Reconstruction and Development (EBRD) to develop and invest in greenfield renewable energy projects in Egypt. This partnership will specifically focus on the development of wind and solar energy projects. Furthermore, the first project that will be developed under this agreement is a 1.1 GW wind power plant.

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Voltalia inks contract for 940 MW renewable energy projects in Brazil

Voltalia inks contract for 940 MW renewable energy projects in Brazil

January 28, 2025 | , , ,

Voltalia has inked a 940 MW maintenance contract with COPEL Get, a subsidiary of COPEL. This is a five-year agreement and covers a total installed capacity of 940 MW in the Brisa Potiguar, Cutia and Bento Miguel, São Bento do Norte, Jandaíra, Aventura and Santa Rosa Mundo Novo clusters. This maintenance agreement involves preventive and corrective maintenance of collector substations, medium voltage networks, and 138 and 230 kV transmission lines.

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JA Solar delivers 1 GW solar modules for renewable energy project in China

JA Solar delivers 1 GW solar modules for renewable energy project in China

January 27, 2025 | , ,

JA Solar has completed the delivery of high-performance n-type PV modules to the 1 GW PV project at the Ulan Buh Desert Northeast New Energy Base initiative in China. This energy base is envisioned as a significant hub for wind and solar power, with a planned capacity of 12 GW. The project began the first shipment from JA Solar in early 2024 and was completed within just 180 days

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Sol Systems commences construction of $345 million solar project in US

Sol Systems commences construction of $345 million solar project in US

January 27, 2025 | , ,

Sol Systems has achieved financial close and commenced construction on a $345 million solar project with a capacity of 182 MW. This project is called the Tilden project. The project is expected to generate clean energy sufficient to power nearly 33,800 homes annually in Illinois. It is currently under construction on a mine site in Randolph County, Illinois. Furthermore, the financial close was made possible through collaboration with ING, Churchill Stateside Group, Qcells, Nextracker, and McCarthy Building Companies.

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How to Prepare the Grid for Electric Medium- and Heavy-Duty Trucks: Lessons from Los Angeles

How to Prepare the Grid for Electric Medium- and Heavy-Duty Trucks: Lessons from Los Angeles

January 27, 2025 |

New analysis of truck data in Los Angeles, California shows how fleets, utilities, local government, and charging as a service providers can prepare the grid for increased power demand from electric trucks. This analysis helps pinpoint where utilities, local governments, and charging developers should focus their efforts. By aligning utility planners, fleets, policymakers, and developers, LA can create resilient infrastructure that reduces emissions, improves air quality, and accelerates the shift to a cleaner freight system in one of the country’s busiest logistics hubs.

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Clean Energy Supply Chain Readiness in the US

Clean Energy Supply Chain Readiness in the US

January 27, 2025 |

The United States has made historic investments in batteries and energy manufacturing. In doing so, the U.S. has reasserted leadership across energy technologies—many of which were invented on American soil—while safeguarding American energy independence. While these investments have provided a meaningful downpayment to build resilient energy supply chains in the U.S. and partner countries, more work lies ahead to minimize reliance on production from covered nations and to ensure that domestic investments have a path to sustained competitiveness.

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South Korea Reduces Subsidies for Biomass Energy

South Korea Reduces Subsidies for Biomass Energy

January 27, 2025 |

On December 18, 2024, the South Korean government announced a major reform of public support for biomass energy, phasing down indirect subsidies known as Renewable Energy Certificates (RECs) for most biomass categories. While this change largely heralds a step in the right direction to mitigate the controversial forest biomass, slow phase-out timelines and loopholes continue to threaten global forests. Biomass power, predominantly generated by burning wood, is the second-largest  source of renewable energy in South Korea. South Korea’s decision to scale back government subsidies for biomass energy marks a significant shift away from policies that have exacerbated the climate and biodiversity crises.

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BII commits $95 million to support climate actions in South-East Asia

BII commits $95 million to support climate actions in South-East Asia

January 24, 2025 | ,

British International Investment (BII) has announced a commitment of $95 million to advance climate action in South-East Asia. This includes a $70 million investment through a top-up commitment to the SUSI Asia Energy Transition Fund (SAETF) and a co-investment commitment to Sustainable Asia Renewable Assets (SARA). SARA has been established jointly with BII, FMO, and SUSI under SAETF.

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Verdagy to deploy 320 MW of electrolysers at Petron’s bio-refinery

Verdagy to deploy 320 MW of electrolysers at Petron’s bio-refinery

January 24, 2025 | , ,

Petron Scientech and Verdagyand have joined forces for Petron’s biorefinery project. As part of this, Petron Scientech will utilise 320 MW of Verdagy’s eDynamic electrolysers. These will produce over 45 kilo tons per annum (KTA) of green hydrogen for integration into its bio-refinery project. This project will support the production of SAF, renewable diesel, and e-methanol, achieving a carbon reduction of 500 KTA through green hydrogen alone. 

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Offshore Wind in the Philippines: Report

Offshore Wind in the Philippines: Report

January 24, 2025 | , , ,

The Philippines is aiming to build a domestic offshore wind industry and has incorporated offshore wind into several policy and deployment initiatives. In parallel, the Philippines has also been a leader in incorporating renewable energy zones (REZs) into power sector development and transmission plans. The objective of this study, conducted by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in partnership with the Philippines Department of Energy, is to incorporate offshore wind resources into the Philippines’ already established competitive renewable energy zones (CREZs) to support national transmission planning.

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