Month: December 2025

Net Zero Mobility in Brazil: Brief

Brazil recently published a new climate plan for public consultation, the Plano Clima Mitigação Estratégia Nacional, a mitigation and adaptation strategy defining key policies and sector-specific targets for the next 10 years (to 2035). The mitigation plans highlight electric vehicles (EVs) and biofuels as central to decarbonizing transportation but do not include clear electrification targets or guidelines on how to achieve net-zero emissions by 2050. This research brief seeks to determine the most effective pathway for mitigating road transport GHG emissions in Brazil.

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SDG Namibia One Fund secures funding for green ammonia project 

SDG Namibia One Fund has entered into a development funding agreement with Zhero Europe to advance the Zhero Molecules Walvis Bay project, an industrial-scale green ammonia facility planned near Walvis Bay in Namibia’s Erongo region. The fund has committed up to $5.15 million to support development and feasibility activities required to move the project towards a final investment decision targeted for 2027.

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ENGIE fully commissions 846 MW wind project in Brazil 

ENGIE has achieved full commercial operations at the Serra do Assuruá wind complex in Gentio do Ouro, Bahia, in northeastern Brazil. The project has an installed capacity of 846 MW, consisting of 188 wind turbines spread across 24 wind farms and is supported by 28 km of transmission lines that connect the facility to Brazil’s main electricity grid. The project supplies renewable electricity to the free energy market.

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Offshore Wind Community Engagement: Recommendations for US State Agencies

Offshore wind offers an enormous opportunity to build renewable, reliable, and domestic electricity, but states and developers must address its effects on local communities, especially communities already burdened by climate change and fossil fuel emissions. A report authored by Clean Energy States Alliance (CESA) and Equnival Partners, “Strengthening Offshore Wind Community Engagement: Recommendations for State Agencies,” includes concrete steps that state agencies can take to meaningfully engage with communities as states plan for offshore wind projects.

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OMV Petrom, CE Oltenia start construction of 550 MW solar parks in Romania

OMV Petrom and Complexul Energetic Oltenia (CE Oltenia) have commenced construction on their solar parks in Romania, which have a cumulative installed capacity of around 550 MW. TThe development comprises four solar parks that are located in Ișalnița, Tismana, and Rovinari.  OMV Petrom and CE Oltenia are developing the projects as equal partners, each holding a 50 per cent stake. They are scheduled to become operational in 2026. 

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ACME Solar secures financing for clean energy projects in India

ACME Solar Holdings has bagged a debt tie-up of Rs 47.2 billion from Indian financial institutions. Out of the total financing, Rs 27.1 billion has been secured from Power Finance Corporation for ACME’s 300 MW firm and dispatchable energy (FDRE) project. Furthermore, Rs 8 billion was secured from the National Bank for Financing Infrastructure Development. The remaining amount of Rs 12.09 billion was secured from Yes Bank.

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IFC, AMEA Power, Kyuden join forces for solar-plus-storage project in Egypt

The International Finance Corporation (IFC) has announced a partnership with AMEA Power and Kyuden International Corporation of Japan to develop a large-scale solar and battery energy storage system project in Egypt. The collaboration will support the construction of the Abydos II project through Abydos For Renewable Energy. The project will be located in Aswan Governorate in southern Egypt.

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RWE sells 350 MW Polish offshore wind project to PGE

RWE has entered into an agreement with PGE for the sale of the F.E.W. Baltic II offshore wind project in the Polish Baltic Sea. The project has a planned installed capacity of 350 MW and is located around 50 km off the coast, north of Ustka. The transaction is expected to reach financial close in the first quarter of 2026. As part of the arrangement, RWE has completed the transfer of the documentation for the neighbouring offshore wind site.

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European Green Bonds: Mobilising investment to steer green transition

Future growth in the issuance of green bonds across the EU faces several challenges, including fragmented capital markets, an insufficient pipeline of standardised green projects ready for funding, and a lack of domestic investors. The issuance of the EU GBS represents a significant step in addressing these challenges while taking the green bond market towards a more consistent and robust sustainable finance ecosystem. Although the EU GBS aims to improve the share of green bonds in domestic markets, its voluntary nature limits its ability to fully overcome systemic barriers to green bond market growth, such as fragmentation.

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Global Shifts: Key trends shaping world renewable energy markets

So far, developing countries have led the efforts to scale up renewables and expand energy access. Central to this push, China’s rapid production of virtually every renewable technology has helped reduce prices and enable technology adoption across the world. Looking ahead, it is clear that only coordinated action through regional cooperation and technological diffusion is essential for building a secure global energy system. The question now is: how can countries chart their own paths towards decarbonisation while advancing domestic priorities. The way we address this challenge will shape the future of the energy transition itself.

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US installs 11.7 GWdc of Solar Capacity in Q3 2025: Report

The US solar industry installed 11.7 GWdc of capacity in the third quarter of 2025, a 20% increase from Q3 2024 and a 49% increase compared with Q2 2025. The distributed solar segments had a mixed quarter while utility solar saw substantial build out. Residential solar had another quarter over 1 GWdc – despite the industry-wide rush to sell and install projects before the Section 25D tax credit expiration, module availability has constrained project completions. Commercial solar grew year-over-year but declined from Q2 2025, with California’s NEM 2.0-driven pipeline starting to wane. Meanwhile, the community solar segment continued its decline.

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ALTÉRRA and CIP join forces on Growth Markets Fund II

ALTÉRRA has committed capital from its Transformation Fund to Copenhagen Infrastructure Partners’ (CIP) Growth Markets Fund II. The fund will focus on investing in large-scale greenfield renewable energy projects across Asia, Latin America, and the Europe, Middle East, and Africa region. CIP plans to invest through the fund in offshore wind, onshore wind, solar projects, battery storage, and Power-to-X solutions

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Egypt commences construction on ATUM solar manufacturing complex

Egypt has commenced construction of the ATUM Solar integrated industrial complex in Sokhna, with total investments of approximately $210 million. The project is being developed within a 200,000 square metre site at TEDA Egypt, located in the Suez Canal Economic Zone. The complex is a joint initiative involving JA Solar from China, AH from Egypt, Global South Utilities from the UAE, and Infinity Capital from Bahrain. 

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Altus Power acquires 234 MW solar and storage portfolio in US

Altus Power has completed the acquisition of a 234 MW portfolio of solar generation and storage assets from Greenbacker. The projects span more than 100 locations across 18 states in US. The acquired assets include long-term contracted projects serving a mix of customers, including a global e-commerce and logistics firm, a regional university, and multiple utilities. 

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Impact of EV Transition on Automotive Jobs in US: Report

More than 1 million workers are directly involved in the manufacturing of automobiles and automotive parts across the United States. This report examines how the transition from internal combustion engine vehicles to battery electric vehicles (BEV) will impact automotive manufacturing jobs. It provides insights into the types of at-risk and in-demand occupations and skill sets, workforce training needs, geographic distribution of investment and jobs, and job quality concerns.

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Socio-Economics of Malaysia’s Energy Transition: Report

Renewable energy employment in Malaysia is projected to quadruple between 2021-2050 under the 1.5°C Scenario. Growth is led mainly by solar and bioenergy. As a major global solar PV manufacturer, Malaysia is well placed to leverage this global shift. Employment in solar is expected to reach around 90,000 jobs by 2030 and 224,000 by 2050, accounting for more than half of total renewable energy jobs. Bioenergy follows closely, with a share of 40.9%. These trends underscore the significance of the sector in Malaysia’s energy transition and suggest potential opportunities in terms of socio-economic benefits.

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Czechia Energy Policy Review: Report 

Czech Republic (Czechia) aims to phase out coal at an almost unprecedented pace. The transition from its fossil fuel legacy can be a springboard to building a vibrant clean energy economy. Updating Czechia’s suite of energy strategies is a pressing priority, as is ensuring their collective coherence. Scaling up renewables and enhancing system flexibility are critical to phasing out coal, meeting climate targets and ensuring energy security. Commendable reforms are now streamlining project approvals and enabling community investment schemes.

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Petrobras and Lightsource bp partner for renewables in Brazil

Petrobras and Lightsource bp have entered into a strategic partnership to collaborate in the onshore renewable energy segment in Brazil. Under the agreement, Petrobras will acquire a 49.99 per cent stake in Lightsource bp’s Brazilian subsidiaries, with the transaction subject to regulatory approvals. The partnership will be structured as a joint venture (JV) with shared management responsibilities between Petrobras and Lightsource bp. 

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Ren-Gas secures financing for e-methane production in Finland

Nordic Ren-Gas Oy has raised approximately €16 million in a growth financing round. The funding round also saw participation from Taaleri Investments Ltd and Tesi. Additionally, it saw participation from the company’s existing shareholders, Allianz, and Suomen Tavara ja Raha Oy. The raised capital is intended to support renewable e-methane production for the heavy transport and shipping sector in Finland.

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AMEA Power commissions 120 MWp solar project in Tunisia

AMEA Power has commissioned a 120 MWp solar project in the Kairouan Governorate of Tunisia. The project was financed with support from the International Finance Corporation, part of the World Bank Group, along with the African Development Bank. It is expected to produce about 222 GWh of electricity annually. Moreover, the project is estimated to reduce carbon emissions by around 117,000 tonnes annually.

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