Month: December 2025

Supply Chain Carbon Risks in South Korea: Report

Supply Chain Carbon Risks in South Korea: Report

December 4, 2025 | , ,

South Korean companies are facing increasing carbon risks along their supply chains as global carbon regulations continue to strengthen. These directives include the International Financial Reporting Standards Sustainability Standards (IFRS S2), the EU Carbon Border Adjustment Mechanism (CBAM), as well as voluntary carbon management initiatives across the global tech industry. A growing number of Asian markets, such as Singapore and Hong Kong, have mandated IFRS S2, requiring companies to disclose climate-related risks and opportunities.

Read More
Maryland’s Renewable Energy Portfolio Standard: Report

Maryland’s Renewable Energy Portfolio Standard: Report

December 4, 2025 | , ,

The Maryland RPS Program is designed to support a stable and predictable market for energy generated from renewables, to reduce greenhouse gas emissions and eliminate carbon–fueled generation from the State’s electric grid, and to lower the cost to consumers of electricity produced from these resources. Increasing reliance upon renewable energy technologies to satisfy electric power requirements can result in long-term emission reductions, increased fuel diversity, and economic benefits to the State.

Read More
Global Energy Efficiency Trends: Report

Global Energy Efficiency Trends: Report

December 4, 2025 | ,

The report provides sector-specific analysis on industry, buildings, appliances and transport and explores system-wide themes such as emissions reductions, energy security, affordability and competitiveness. Global energy efficiency progress is set to improve by 1.8% in 2025, up from around 1% in 2024. Around two-thirds of global final energy demand growth since 2019 has been concentrated in industry, a sector where energy intensity progress has slowed sharply. 

Read More
EC backs cross border projects to boost Europe’s energy network

EC backs cross border projects to boost Europe’s energy network

December 3, 2025 | ,

The European Commission (EC) has designated 235 cross-border energy projects as projects of common interest and projects of mutual interest, in its second list since 2023. These selected projects will be eligible to seek European Union (EU) support through the Connecting Europe Facility and will receive accelerated permitting and regulatory clearances to enable quicker development.

Read More
Terra-Gen closes financing for Lockhart III & IV project in California

Terra-Gen closes financing for Lockhart III & IV project in California

December 3, 2025 | , ,

Terra-Gen, an independent power producer jointly owned by Igneo Infrastructure Partners and Masdar, has completed the project financing arrangements for the Lockhart III & IV solar project in San Bernardino county, California. The commitments for the project amount to $383.3 million, comprising a $236.1 million tax equity bridge loan, a $107.5 million construction and term loan, and $39.7 million in additional unfunded facilities.

Read More
OX2 acquires 235 MW wind projects in Romania

OX2 acquires 235 MW wind projects in Romania

December 3, 2025 | , ,

OX2 has acquired three onshore wind projects in Romania from Future Power. These three projects, with a cumulative capacity of 235 MW, are located in Vaslui and Vrancea counties. All are expected to be commissioned between 2028 and 2030, subject to the permitting progress. With this acquisition, OX2’s portfolio in the country now exceeds 1.1 GW, covering nine onshore wind projects.

Read More
MISO launches second cycle of ERAS projects

MISO launches second cycle of ERAS projects

December 2, 2025 | ,

The Midcontinent Independent System Operator (MISO) has released the second cycle of generation projects under its Expedited Resource Addition Study (ERAS). This initiative involves 15 projects with a cumulative 6,100 MW of proposed capacity. These projects span solar, wind, natural gas, and battery storage and are distributed across MISO’s North, Central, and South regions.

Read More
EWE’s 320 MW hydrogen plant begins construction in Germany

EWE’s 320 MW hydrogen plant begins construction in Germany

December 2, 2025 | , ,

EWE has initiated construction of a 320 MW hydrogen generation facility in Emden, East Frisia, Germany. The civil and structural works have also been contracted to a consortium of construction firms comprising Ludwig Freytag, Gebrüder Neumann and MBN. Production of green hydrogen is expected to commence by the end of 2027, with supply directed to industrial consumers.

Read More
ACWA Power closes financing for 15 GW renewable projects in Saudi Arabia

ACWA Power closes financing for 15 GW renewable projects in Saudi Arabia

December 2, 2025 | ,

ACWA Power, together with Water and Electricity Holding Company (Badeel), a wholly owned company of PIF, and Saudi Aramco Power Company (SAPCO), has completed the financing process for seven large-scale renewable energy projects in Saudi Arabia. The projects will be jointly owned by ACWA Power, Badeel, and SAPCO, with the Saudi Power Procurement Company serving as the procurer as well as the offtaker.

Read More
HydrogenPro fully acquires Tianjin electrolyser facility in China

HydrogenPro fully acquires Tianjin electrolyser facility in China

December 1, 2025 | , ,

HydrogenPro ASA has agreed to acquire the remaining 25 per cent stake in HydrogenPro Tianjin from Tianjin Miaoqing Machinery Equipment Co., bringing its ownership from 75 per cent to full ownership. The transaction is valued at CNY 3 million in cash plus the equipment valued at about CNY 1.8 million. Completion of the transaction remains subject to the relevant approvals from Chinese authorities.

Read More
ERG and Skellefteå ink PPA to supply renewable energy in Sweden

ERG and Skellefteå ink PPA to supply renewable energy in Sweden

December 1, 2025 | ,

ERG, through its subsidiary Furukraft AB, has finalised a 10-year power purchase agreement (PPA) with Skellefteå Kraft AB for the supply of renewable electricity in Sweden. The arrangement will begin on January 1, 2026, and covers the pay-as-produced delivery of nearly 150 GWh of power annually, amounting to a total contracted volume of about 1.5 TWh over the full term. 

Read More
ACCIONA Energía sells stake in 232 MW South African renewable projects 

ACCIONA Energía sells stake in 232 MW South African renewable projects 

December 1, 2025 | ,

ACCIONA Energía has finalised an agreement with Exxaro Resources Limited’s wholly owned subsidiary, Cennergi, to divest its 232 MW stake in two renewable assets. The transaction is valued at €255 million. The two projects include the 138 MW Gouda wind farm and 94 MWp Sishen solar plant. ACCIONA Energía owned 55 per cent shares in both the projects through ACCIONA Energía Internacional.

Read More
Red Eléctrica will need to accelerate investment to meet increasing system needs: IEEFA

Red Eléctrica will need to accelerate investment to meet increasing system needs: IEEFA

December 1, 2025 |

REE stands at the centre of Spain’s energy transition, balancing the urgent need for accelerated grid investment with the imperative to preserve financial stability and governance discipline. The company’s role as the sole TSO gives it a unique responsibility to ensure Spain’s renewable energy targets are achieved. Despite REE’s solid investment-grade profile and strategic execution under the 2021-2025 plan, a material investment gap remains. The forthcoming 2026-2030 strategic plan must therefore deliver a structural scale-up in capex, especially in interconnections, digitalisation and energy storage.

Read More
Voluntary Carbon Market Can Help Advance U.S. Energy, Trade, and Innovation Strategies: Bipartisan Policy Center

Voluntary Carbon Market Can Help Advance U.S. Energy, Trade, and Innovation Strategies: Bipartisan Policy Center

December 1, 2025 | ,

A robust voluntary carbon market can advance U.S. economic and national security interests both domestically and abroad. Just like any other market, the VCM will require certain guardrails and support if it is too mature and scale and to deliver on its potential. Federal support does not require top-down regulation. Targeted actions could help deliver on the areas above and reinforce the role of high-integrity credits in broader U.S. economic, climate, and trade strategy. As the federal government looks to maintain U.S. leadership in innovation and energy, thoughtful policy for the VCM can play an important role.

Read More
The Global South will be central to the next wave of solar leadership: ISA’s Ashish Khanna

The Global South will be central to the next wave of solar leadership: ISA’s Ashish Khanna

December 1, 2025 |

Solar, batteries and related technologies are no longer niche, given they are now the least-cost generation option for most countries. The Global South will be central to the next wave of solar leadership, as the world has doubled solar generation capacity from 1,000 GW to 2,000 GW in just two years, with expectations of doubling to 4,600 GW by 2030. Asia is expected to account for more than 70 per cent of this expansion. This is not just for climate reasons, but because the economics is driving the expansion of solar, storage and transmission.

Read More