Repsol plans to install a 100 MW electrolyser at the Petronor industrial complex in Muskiz in northern Spain. The project involves an investment of about €292 million and is scheduled for commissioning in 2029. It has been recognised by the European Commission as an Important Project of Common European Interest and will receive €160 million financial support from the Government of Spain through NextGenerationEU mechanism.
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Estuary Power has completed all phases of the Escape Solar and Storage project in Lincoln county, Nevada, reaching final completion in December 2025. The project has 185 MW of solar capacity along with 400 MWh of battery storage. Construction of the solar plants was carried out by Bechtel Infrastructure and Power Corporation. Power from the project is being supplied to four customers in Nevada under long-term arrangements.
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Horizon Capital has completed the initial closing of its reconstruction-focused Horizon Capital Catalyst Fund and announced the financing of supporting Notus Energy’s 124 MW wind power project in Ukraine’s Odesa region. The Catalyst Fund has reportedly reached more than half of its target size at initial closing, securing about €152 million against a target of around €300 million.
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ENGIE has signed a 10-year biomethane purchase agreement with PepsiCo UK. Under the agreement, ENGIE will construct a new anaerobic digestion facility in northern England with an annual biomethane production capacity of 60 GWh. All output from the plant will be contracted to PepsiCo through a mass balance mechanism, with deliveries scheduled to begin in 2027 once the facility becomes operational.
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The aluminium sector is hard-to-abate, owing to its high electricity consumption, met by coal-based electricity. Hence, reducing its carbon footprint is vital, not only to support India’s net-zero goals but also mitigate export risks from emerging trade regulations, i.e. the EU’s CBAM. As other nations develop low-carbon technologies & create trade measures based on embedded emissions, India’s aluminium industry is presented with an opportunity to lower its emission intensity to be a global leader in sustainable metal manufacturing. This will also drive India’s clean energy transition in the longer run.
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Chad’s abundance of solar, wind, and biomass resources, alongside its strategic position for regional energy integration, are strategic assets that can be leveraged to facilitate the energy transition. Nonetheless, the country faces challenges in advancing its energy transition agenda. There is a critical need for enhanced capacity building across energy stakeholders to support Chad’s aspirations. The energy governance framework needs to be strengthened and complemented by policy instruments and initiatives to foster energy transition.
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OX2 has completed and transferred the ownership of the 455.4 MW Lestijärvi wind farm in Finland to a consortium comprising Kymppivoima, Oulun Energia, and Kuopion Energia. Construction of the project was carried out by OX2, which consists of 69 wind turbines and represents an investment of €650 million. OX2 will continue to manage the wind farm’s technical and financial operations.
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The state-owned power utility, Saudi Electricity Company (SEC), has completed the grid connection of a 7.8 GWh battery energy storage system (BESS) project across three sites in south-western Saudi Arabia. These projects comprise three BESS installations of 2.6 GWh each, located in Najran, Khamis Mushait, and Madaya. The BESS project is owned by SEC, with its subsidiary National Grid SA acting as the offtaker.
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JERA Nex bp has agreed to acquire EnBW’s stake in the Mona offshore wind farm and has entered into a lease agreement with The Crown Estate for the project. This development allows the the project to progress toward the next stages of development. Once operational, the project will have a capacity of 1,500 MW, supplying renewable electricity capacity to the UK grid. The wind farm is moving closer to a final investment decision.
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The European Investment Bank has extended a green loan of about €175 million to Iberdrola to support construction and operation of two new onshore wind farms in northern Portugal. The project covers a combined installed capacity of 274 MW and is designed to be integrated with Iberdrola’s existing Támega pumped storage hydropower complex. The financing is backed by a guarantee from Cesce.
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European Energy A/S and Mitsui & Co., Ltd. have arranged a green-financing bridge facility for their joint venture developing the Kassø solar park and e-methanol facility in Denmark. The facility has been secured from Nordea and SMBC, with partial risk coverage provided by EIFO. The bridge financing is intended to support near-term liquidity requirements while the project continues to progress towards securing long-term financing.
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Masdar and ENGIE have achieved financial close for the 1.5 GWac Khazna solar project in Abu Dhabi. The financing package has been secured from seven regional and international lenders, including Abu Dhabi Islamic Bank, Crédit Agricole Corporate and Investment Bank, KfW IPEX, BNP Paribas, Hong Kong and Shanghai Banking Corporation, Sumitomo Mitsui Trust Bank, and Emirates Development Bank.
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The European Commission (EC) has approved a German state aid scheme worth €200 million to support the production of renewable hydrogen and its derivatives in Canada for supply to Germany and the wider European Union. The scheme targets renewable fuels of non-biological origin (RFNBO) derived from renewable electricity and carbon. These fuels will be imported into Germany and sold across the European Union.
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Masdar, together with Al Khadra Partners, Korea Midland Power Co. Ltd, and OQ Alternative Energy, has achieved financial close for the Ibri III solar independent power project. Financing has been secured from Natixis Corporate and Investment Banking and First Abu Dhabi Bank, covering a substantial portion of the project’s total cost of around $300 million. The project is being developed for Nama Power and Water Procurement.
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Origis Energy and Meta have entered into a long-term power purchase agreement (PPA) for the Greyhound A solar project located in West Odessa, Texas. The project has a capacity of 303 MWdc, equivalent to 240 MWac, and is scheduled to reach commercial operations by mid-2026. Greyhound A forms part of a 1 GW broader energy infrastructure complex with a fully subscribed solar portfolio being developed by Origis Energy in west Texas.
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Climate progress in the United States has hit some roadblocks in 2025, to say the least. In its first year, the second Trump administration got straight to work torpedoing bedrock environmental protections to pad the profits of its allies in the fossil fuel industry. On top of abandoning national leadership on the matter, the administration also pulled the country out of international collaborations. So, after enduring a year of much bad news, it’s important to recharge by taking inspiration from the successes that climate activists did achieve.
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Electric vehicle sales in Indonesia have experienced remarkable growth over the past few quarters. From fewer than 150 units sold in 2020, EV sales have surged in recent years, particularly during the first and second quarters (Q1 and Q2) of 2025. Quarterly sales reached approximately 22,000 units in Q2 2025. EV uptake has been concentrated in the passenger car segment; in contrast, light commercial vehicles (LCVs) and heavy-duty vehicles (HDVs) have shown minimal electric model penetration to date.
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The backbone of the European energy system, the grids infrastructure, will be modernised and expanded to unleash its full potential. The European Grids Package and the Energy Highways initiative, proposed, will enable energy to flow efficiently across all Member States, integrating cheaper clean energy and accelerating electrification. This will support affordable living for all Europeans. It will ensure secure and reliable supply as Europe moves away from Russian energy imports to achieve energy independence.
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The Department for Energy Security and Net Zero has announced the outcome of Contracts for Difference (CfD) AR7, awarding 8.4 GW of offshore wind capacity. This capacity is expected to generate enough clean electricity to meet the needs of the equivalent of over 12 million homes. Moreover, the auction is expected to unlock nearly £22 billion in private investment
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Tokyo Century Corporation has established a joint venture (JV) company with Downing LLP to invest in and develop solar projects in the United Kingdom. The JV will cover the full project lifecycle, including construction, ownership, and operations. The JV aims to develop a solar portfolio with a cumulative capacity of around 500 MW across approximately 10 sites by 2028.
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