Doral Renewables has entered into a power purchase agreement (PPA) for its 270 MWac Lambs Draw solar project located in Decatur County, Kansas. Under the agreement, an unnamed major US-based corporate offtaker will procure the entire electricity output of the project along with the associated renewable energy credits. The transaction was facilitated through LevelTen Energy, acting as the marketplace operator.
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SEG Solar has announced plans to develop a 3 GW ingot and wafer manufacturing facility in Batang Regency, Indonesia. The project forms phase I of a broader 5 GW expansion plan for ingot and wafer production. The proposed manufacturing facility is expected to involve an investment of about $80 million, fully funded by SEG. Moreover, production at the plant is scheduled to begin in the third quarter of 2026.
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ENCAVIS has secured a €200 million non-bridge financing facility to fund the acquisition of the Italian solar portfolio known as Giotto, with a total capacity of 265 MW. The financing will be used to acquire the portfolio from EDP Renewables Italia. Additionally, the financing for the acquisition has been provided by UniCredit on a non-recourse basis. The portfolio comprises five solar parks located in Italy, with three projects situated in Lazio and two in Puglia.
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OX2 has commenced construction of three onshore wind projects in Finland following a final investment decision, covering a cumulative capacity of 277 MW. The Kannisto wind farm is located in Central Ostrobothnia, and the Korkeamaa wind farm and Salo-Ylikoski wind farm are located in Southern Ostrobothnia. Collectively, the three wind farms are expected to generate approximately 860 GWh of electricity annually.
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ACCIONA Energía has entered into an agreement with Mexico Infrastructure Partners for the sale of a 49 per cent stake in its 1.3 GW solar portfolio in US, along with the complete divestment of two wind projects in Mexico with a combined capacity of 321 MW. The transaction has an equity value of approximately €855 million. As part of the agreement, the company will continue to hold a 51 per cent controlling interest in the US solar assets.
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Shizen Energy has reached financial close for a 29.99 MWac utility-scale solar project in Gurun, Kedah, Malaysia under the Corporate Green Power programme. The project company, SM 01 Sdn. Bhd., has entered into a power purchase agreement (PPA) with Google The project is scheduled to commence commercial operations in 2027. The project will provide Google with energy attributes generated from the solar plant.
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The European Commission (EC) has approved, under the European Union (EU) State aid rules, an Austrian scheme worth about €100 million to support manufacturing capacity aligned with Clean Industrial Deal objectives. The approval has been granted under the Clean Industrial Deal State Aid Framework (CISAF) adopted on June 25, 2025. The scheme will be implemented through direct grant
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The International Finance Corporation (IFC) has announced an investment in the Kahirós green hydrogen project in Uruguay. The financing will support the Kahirós project, to be developed in partnership with Grupo Santander. Kahirós is a consortium formed by the Uruguayan companies Ventus, Fidocar, and Fraylog, with additional financial support from the United Nations’ Renewable Energy Innovation Fund.
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Vena Energy has reached the financial close for its Opus solar energy project in the Philippines. The financing involves participation from seven international financial institutions, including BNP Paribas, Crédit Agricole Corporate and Investment Bank, DBS Bank Ltd., Intesa Sanpaolo S.P.A., MUFG Bank Ltd., Standard Chartered Bank Limited, and Sumitomo Mitsui Banking Corporation.
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Kosovo’s energy sector currently finds itself at a critical juncture, grappling with the dual challenges of transitioning towards decarbonisation while addressing the deep-rooted issue of energy poverty. Serbia primarily relies on low-quality lignite for electricity production as nearly 70 per cent of electricity is produced by thermal power plants, this causes huge challenges regarding air pollution. North Macedonia remains highly dependent on coal for supply security, with the main production of electrical energy coming from Bitola and Oslomej/Kičevo thermal power plants.
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The US DOE, through its Grid Deployment Office, launched the Speed to Power initiative to speed up the development of large-scale power transmission and generation projects, to enable the grid to meet the growing energy demands from AI and manufacturing. The initiative aims to accelerate the development of such projects, starting with a RFI titled, “Accelerating Speed to Power/Winning the AI Race: Federal Action to Rapidly Expand Grid Capacity and Enable Electricity Demand Growth”, to get input into near-term investment opportunities, project readiness, load growth expectations and infrastructure constraints that DOE can address.
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As per the National Institute of Wind Energy estimates, India has immense wind energy potential – about 695.5 GW at 120 metres above the ground level. As of October 31, 2025, India’s installed wind power capacity stands at 53.59 GW. The wind sector is entering a phase of meaningful but measured progress. Momentum is building through hybrids, RTC demand and a strong manufacturing base, yet execution bottlenecks, slow contracting and offshore uncertainties must be resolved for the country to stay on course toward its ambitious 2030 wind capacity target.
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Elemental Clean Fuels (ECF) is working with Sc.wén̓wen Economic Development and Kruger Kamloops Pulp L.P. on the Kamloops Clean Energy Centre (KCEC), a proposed green hydrogen facility with a planned capacity of 10 MW. The KCEC project is planned at the Kruger Kamloops pulp mill in Kamloops, British Columbia, and is expected to supply all of its green hydrogen output directly to the kiln operations.
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INTEC Energy Solutions has secured an engineering, procurement, and construction (EPC) contract for the 288 MWp Shafag (Jabrayil) solar project in Azerbaijan. The contract has been awarded by Shafag (Jabrayil) Solar Limited and covers the complete EPC scope. Additionally, the agreement includes operation and maintenance services for the first two years of the project’s operations. The total contract value is $117 million.
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Iberdrola España has started construction of two solar projects in Valencia, Spain, involving an investment of about $252 million. The projects comprise the Ayora 1 and Cofrentes I solar farms, having a combined installed capacity of 366 MW. These projects are expected to strengthen regional energy independence and are scheduled to be commissioned by the end of 2026.
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Enhancing physical grid infrastructure is crucial to fully harness the potential of integrating renewables, including variable renewable energy and other energy transition technologies into energy systems. Energy storage systems, particularly battery energy storage systems (BESS), are also an important enabling technology for forward-looking planning of modernised grid infrastructure, offering significant flexibility to the power system.
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EU has reduced its GHG emissions by more than one-third compared with 1990, while its economy has continued to grow substantially. Renewable energy now supplies a quarter of gross final energy consumption and almost half of electricity, while final energy demand has declined. These developments demonstrate that climate action is delivering and that structural change towards a clean transition is well underway. However, the reality is increasingly sobering as climate impacts intensify.
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Indonesia released its enhanced nationally determined contribution in 2022—pledging to reduce emissions from the energy sector by 358 MtCO2e by 2030, a target of around 12.5% of the country’s emissions reduction goal. The energy transition will provide access to clean energy, encourage the growth of the green economy, and reduce emissions. However, to ensure the process benefits vulnerable groups, planning and policies must embed an inclusive approach to a just transition in coal mining communities.
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This report explores the growing trend of interconnection queue rationing across four major regional transmission organizations (RTOs) and independent system operators (ISOs)—PJM Interconnection LLC (PJM), the Midcontinent Independent System Operator (MISO), Southwest Power Pool (SPP), and the California Independent System Operator (CAISO). Each has adopted distinct approaches to prioritize projects and manage limited transmission capacity.
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Atlantica Sustainable Infrastructure has finalised the acquisition of Statkraft’s renewable energy platform in Canada. The platform consists of 236 MW of operational capacity, along with a development pipeline of around 600 MW spanning renewable and storage projects. The operational portfolio includes a 51 per cent interest in l’Érable, a 100 MW wind project in Quebec operating since 2013, and a 136 MW wind project in Alberta. .
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