EDP Renováveis, S.A. (EDPR) has completed an asset rotation transaction involving the sale of a 100 per cent equity stake in a 190 MWac, or 229 MWdc solar portfolio in Spain. The solar portfolio was sold to Prosolia Energy for an estimated enterprise value of about €0.16 billion. It comprises five operational solar power plants located across the regions of Andalucía and Castilla y León.
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RCT GH GmbH, also known as RCT Hydrogen, has received approval to begin manufacturing electrolyser stacks in Thuringia, Germany. The planned manufacturing facility will have an annual electrolyser production capacity of 250 MW. Production is scheduled to commence with the installation of a 2.5 MW electrolyser in the first quarter of 2026.
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Synera Renewable Energy Group (SRE) has reported that the entire 495 MW capacity of its Formosa 4 offshore wind project has been fully contracted through corporate power purchase agreements (CPPAs). The project reached full subscription following an initial CPPA signed with Taiwan Smart Electricity & Energy in December 2025, along with two additional CPPAs concluded subsequently in the same month.
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The International Finance Corporation (IFC) has announced an investment in Central Puerto S.A., an electricity generation company in Argentina, to support projects aimed at improving the reliability and flexibility of the national power system. The financing package amounts to about $300 million and will be used to acquire shares in the 1,440 MW Piedra del Águila hydropower plant.
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The Ministry of Mines and Energy of the Brazilian government has announced that the Novo Oriente photovoltaic complex, located in Ilha Solteira, São Paulo, Brazil, has entered full commercial operation. This milestone was achieved following the commissioning of its final plant in December 2025. With this commissioning, the entire solar park now operates at its complete installed capacity of 254.5 MW.
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Israel’s Finance Ministry has announced that a new solar plant integrated with the battery energy storage system (BESS) will be developed at the Ashalim power station in southern Israel. The project is designed to deliver up to 80 MW of electricity to the national grid. It will include solar photovoltaic installations with a total capacity of 150 MW. Additionally, the project will incorporate a 400 MWh BESS.
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The Madawaska wind project has received government authorisation, enabling the continuation of final permitting and approval processes. The project is being developed through an equal partnership between EDF solutions électriques, the Alliance de l’énergie de l’Est L.P., and Société de gestion éolienne de la Madawaska Inc. The project will comprise 45 wind turbines with a combined installed capacity of 274 MW.
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Vestas has secured a 390 MW offshore wind turbine supply order for the Shinan-Ui offshore wind project located in Jeollanam Province, South Korea. The project is being developed by a consortium comprising Hanwha Ocean, SK Eternix, Korea Midland Power Co. Ltd., Future Energy Fund, and Hyundai Engineering & Construction. The order covers the delivery of 26 offshore wind turbines, each with a rated capacity of 15.0 MW.
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Clean energy on contaminated lands presents a significant opportunity to revitalize communities while relieving the development pressure on more pristine lands. While such projects present additional challenges compared with greenfield development, leading states such as New Jersey, New York, and Massachusetts have demonstrated how strong policies can help enable building on these areas. State decision-makers should capitalize on this economic development opportunity with supportive policies that identify and communicate opportunity, enable predictable development timelines, and help lower costs.
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ACCIONA Energía has started supplying renewable electricity to the grid from its Logrosan biomass power plant located in Cáceres, Spain. The plant has an installed capacity of 50 MW and is expected to generate around 380 GWh of electricity annually. The plant was awarded under the third renewable energy economic regime auction conducted by the Ministry for Ecological Transition and Demographic Challenge.
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Japan is at a critical juncture in its energy transition. The country is pursuing an ambitious infrastructure expansion programme. Generation capacity is projected to expand from 327.27 GW in 2025 to 366 GW by 2034, driven almost entirely by solar and wind (accounting for 95 per cent of the total addition). To support grid stability amid rising variable generation, the country is witnessing unprecedented investment, not only in transmission but also in battery energy storage systems (BESSs), with at least USD2.6 billion committed to Japanese storage projects since December 2023.
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SEA’s renewable transition is moving at speed, but Europe’s role is steadily diminishing. To regain relevance, Europe must act on several fronts. It should expand its financial commitments, positioning itself as a dependable capital provider by strengthening initiatives like Global Gateway and scaling the JETP in Vietnam and Indonesia. Europe needs to boost its industrial competitiveness, ensuring its companies remain leaders in areas such as battery energy storage, offshore wind and grid integration.
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European Energy has completed grid connection of the Glejbjerg solar park in Denmark, bringing 148.2 MW of utility-scale solar capacity into full operation. The project reached commercial operation at the end of 2025 after final technical checks were concluded. Construction of the solar park was completed over a period of about one year. The Glejbjerg solar park consists of 238,368 solar modules.
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The Ministry of Mines and Energy of the Government of Colombia has launched a nationwide call for proposals (CfPs) to support pilot-scale testing of low-emission hydrogen technologies across the country. The initiative aims to identify, assess, and implement hydrogen technologies in real operational conditions, with a focus on mobility, industry, and energy generation. Applications are open for 20 calendar days from December 23, 2025.
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Masdar has signed a power purchase agreement (PPA) to develop a 200 MW floating solar project at the Chereh dam in Pahang state, Malaysia. The project will be implemented by a consortium led by Masdar, along with Citaglobal and Tiza Global, and the agreement has been executed with Tenaga Nasional Berhad, Malaysia’s national utility company. The project was awarded under Malaysia’s Large Scale Solar Cycle 5+ programme.
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The European Network of Transmission System Operators for Electricity (ENTSO-E) released its latest report reviewing progress in capacity allocation and congestion management mechanisms between June 2024 and May 2025. The report details ongoing efforts to strengthen Europe’s interconnected electricity system, aiming to enhance efficiency, reliability, and market integration under the Capacity Allocation and Congestion Management and Forward Capacity Allocation Regulations. The report notes that the summer of 2024 saw relatively low electricity prices due to strong nuclear, hydro, and renewable generation.
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Value chain decarbonization is one of the most complex and significant frontiers of corporate action. For Asia, this challenge is especially significant: the region’s economies are deeply interconnected through trade, manufacturing, and resource and capital flows, making them essential to the world’s collective net-zero pathway. This white paper highlights the opportunities along the value chains of Asian businesses, and outlines the immediate actions enterprises can take, as well as exploring long-term strategies for success.
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European Energy has taken the final investment decision (FID) on a 225 MW agri-PV project near Vizzini in Sicily, after securing support under Italy’s FER-X Contract for Difference auction. The project received its authorisation in 2023 and has now progressed following the successful auction outcome, which provides long-term revenue certainty. The project is scheduled to reach commercial operation by the end of 2027.
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Competitive Power Ventures (CPV), through its affiliate CPV Renewable Power, has commenced commercial operations at the CPV Backbone Solar project in Garrett County, Maryland. The 160 MW solar project has been developed in partnership with Harrison Street Asset Management and is located on reclaimed land from a decommissioned coal mine. Additionally, the project secured its third round of tax equity financing with US Bank.
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The European Bank for Reconstruction and Development (EBRD) has provided financing of about $200 million to Enerjisa Enerji Üretim A.Ş. to support the addition of 250 MW of new wind projects in Muğla, Türkiye. The 250 MW wind projects form a part of the broader 1,000 MW wind project portfolio being implemented by Enerjisa Enerji Üretim across the country. The projects are expected to produce around 630 GWh of electricity annually.
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