The online panel discussion explored ways to ensure all women and girls have the skills, opportunities, and access needed to thrive in the energy sector. Considering that the renewable energy workforce is predicted to grow to about 39 million in 2050, the attraction and retention of female talent will be crucial to ensure a thriving sector, and requires targeted actions.
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Masdar, through its subsidiary Saeta, has concluded an investment agreement for the Valle Solar project, which is situated in Spain’s Valencia region. The agreement is a further step in securing the construction of the plant, which is located in the municipalities of Ayora, Jarafuel, and Zarra. The solar project consists of a 234 MW photovoltaic plant, with the potential to add the hybridisation of battery energy storage systems of 259 MW.
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ENERGO-PRO has inked an agreement to purchase the large hydropower plant Baixo Iguaçu situated in Brazil. This hydropower plant has a total capacity of 350 MW. The Baixo Iguaçu plant was constructed in 2019 on the Iguaçu River in the state of Paraná. Furthermore, the purchase price of the power plant exceeds €250 million. The purchase is financed by a combination of ENERGO-PRO’s own funds and external sources.
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The chemical industry is a cornerstone of the global economy, supplying essential materials and technologies that form the backbone of over 95 per cent of manufactured goods. However, it is also a major contributor to environmental challenges, accounting for approximately 6 per cent of global greenhouse gas (GHG) emissions and significant resource consumption. REGlobal had the opportunity to engage with the Global Impact Coalition (GIC), a CEO-led platform dedicated to accelerating the chemical sectors transition to a netzero and circular economy.
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This January, the new U.S. administration took office and shifted its economic and energy security agenda back toward the fossil fuel sector. Questions have been raised about the future of clean energy in the US following years of growth driven by federal incentives. Despite uncertainties, there are hopes the US energy transition will continue, driven by private sector innovation and cost competitive technologies reinforced by incentives in the Inflation Reduction Act (IRA). Market competitiveness is expected to continue helping renewables expand.
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Cogeneration (or combined heat and power [CHP]) systems provide steam and power to industrial and other plants throughout the world. Most sugar mills, since their inception, have had cogeneration power plants. Since the main fuel used is bagasse, which is a renewable source, such power is termed as “renewable energy”. These power plants do emit carbon dioxide (CO2) like other thermal power plants, but in reduced quantum, the sugarcane crop absorbs several times more CO2 for its growth during the process of photosynthesis. This is where the bagasse-based cogeneration power plants have the twin advantages of being renewable and help absorb CO2 from the atmosphere.
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To evaluate the potential for clean energy market activity absent significant policy changes, ACORE conducted surveys of clean energy sector investors and developers in December 2024. Survey respondents included top executives from the largest clean energy investors and project sponsors in America, representing over $15 billion in capital investments. Respondents provided information about their investment or development plans under a scenario where the federal tax credits for clean energy are maintained, and also under a scenario where the tax credits are repealed or modified.
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Copenhagen Infrastructure Partners (CIP) has entered into a partnership with GC Storage Services (GCSS) for a 2.3 GW pipeline of large-scale battery energy storage system (BESS) projects in Italy. This partnership was formed using CIP’s flagship fund CI V. Furthermore, these projects are located across Northern and Southern Italy, with the first project anticipated to be ready-to-build in 2025.The supportive regulatory policies of Italy allow CIP to deliver such projects in the country.
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Schroders Greencoat has partnered with Repsol to acquire a 49 per cent stake in Repsol’s renewable energy portfolio. This portfolio consists of eight wind farms with a total capacity of 300 MW and two solar plants with a total capacity of 100 MW. These assets are expected to be operational during the first half of 2025. Furthermore, this renewable energy portfolio is valued at €580 million. The wind farms are situated in the northern Spanish provinces of Huesca, Zaragoza, and Teruel.
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This data on imbalance charges in the European energy markets is sourced from the report “Challenges in Forecasting and Scheduling of Solar power plants after stringent and frequent changes in CERC (Deviation Settlement Mechanism) regulations” published by Sustainable Projects Developers Association. France, Slovakia, Hungary, Lithuania, Serbia and Monaco are exempted from paying imbalance charges.
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This report demonstrates why hydrogen is strategic for America to maintain its energy leadership as the global race to attract investments intensifies. It examines the current investment landscape, outlining project drivers and market barriers – including cost premiums and project risks – with case studies in exports, on-road mobility, aviation, steel, and maritime shipping. It offers policy options that can strengthen demand and derisk infrastructure development, illustrating the pathway to unleash widespread investments, promote domestic industrial growth, and solidify energy leadership.
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This report examines in detail how well the Irish supply chain is positioned to capture new business as a result of the ongoing transition to sustainable energy systems in Ireland and beyond. The report highlights the potential market size for a selection of key sustainable energy technologies in Ireland, the EU and globally, and areas of the supply chain where Irish businesses in the manufacturing, construction and services sectors could capture a share of the market.
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Global energy demand grew by 2.2% in 2024 – faster than the average rate over the past decade. Demand for all fuels and technologies expanded in 2024. Emerging and developing economies accounted for over 80% of global energy demand growth. Natural gas saw the strongest demand growth among fossil fuels. Global coal demand rose by 1%.
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Masdar has inked an agreement to acquire 49.99 percent stake in four solar plants owned by Endesa in Spain. These solar assets have a total capacity of 446 MW. Masdar has invested €184 million for the stake in the assets, which have an enterprise value of €368 million. This agreement will strengthen Masdar’s position in EU and support Spain’s NECP targets and the EU’s Net Zero 2050 goal.
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Vena Energy has decided to invest $ 200 million in the Yokji Offshore wind project situated in the South Gyeongsang province. This investment aims to accelerate South Korea’s transition to renewable energy and enhance its energy independence. The Yokji Offshore wind project has a planned capacity of 384 MW. Furthermore, the wind project will diversify South Korea’s energy mix and aid in increasing the share of domestically generated energy in the grid.
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Scatec has inked a 25-year power purchase agreement (PPA) for a 120 MW solar power plant named Sidi Bouzid II in Tunisia. The PPA has been signed with Tunisian state utility Société Tunisienne de l’Electricité et du Gaz (STEG). Scatec also inked a joint development agreement, with Aeolus SAS which is a part of the Japanese conglomerate Toyota Tsusho Group, for the solar plant. Furthermore, the estimated total capital expenditure for the project is €87 million.
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ENGIE Brasil Energia has inked an agreement for the acquisition of two hydropower plants. These are the Santo Antônio do Jari hydropower plant situated in the states of Amapá and Pará and the Cachoeira Caldeirão hydropower plant in the state of Amapá. The transaction is valued at approximately R$2.9 billion out of which approximately R$2.3 billion is in equity and approximately R$671 thousand in net debt.
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Invenergy has reached the commercial operations of the Sauk Valley Hydrogen facility. This is a 5 acre clean hydrogen project situated in Rock Falls, Illinois. This hydrogen facility will utilise power from Invenergy’s co-located solar facility and Ohmium International’s electrolyser technology. Furthermore, using Invenergy’s co-located solar and electrolyser facility, the green hydrogen plant can produce up to 40 metric tonnes of clean hydrogen annually.
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Nofar USA (Nofar) and Qcells have inked an agreement for the development and construction of two battery energy storage system (BESS) projects. These two projects will have a combined capacity of 350 MW and a 2 hour duration. The projects are Bracero Pecan with a capacity of 230 MW/460 MWh situated in Reeves County and Fairway with a capacity of 120 MW/240 MWh in Freestone County. These projects are in the final stages of interconnection approvals.
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Actis has acquired full ownership of Stride Climate Investments, a solar generation asset portfolio in India, from a Macquarie Asset Management-managed fund. Through this acquisition, Actis now controls Stride’s 371 MW/414 MWp operational solar assets, spread across 21 projects in seven states. The company did not disclose the deal value.
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