Apex Clean Energy has completed the financing of three utility-scale renewable energy assets located in Texas, Ohio, and Illinois. The projects include Coles wind farm in Illinois, Emerson Creek wind farm in Ohio, and Raven storage facility in Texas. Cumulative, these assets account for nearly 670 MW of capacity. The three transactions represent financial commitments of approximately $2.79 billion.
Read More
ASEAN countries have set bold renewable and net-zero targets not just to cut emissions but to strengthen energy and fiscal resilience. Implementation, however, remains uneven. This white paper by the World Economic Forum highlights that fragmented governance, high financing costs and divergent national priorities continue to slow progress, leaving a gap between regional ambition and tangible outcome. Closing this gap requires greater alignment, coordination and practical mechanisms for collective action.
Read More
The Chile 2050 Energy Transition Roadmap provides an overview of the current energy landscape in Chile, including key trends in supply and demand, the energy mix, and the policy environment shaping energy development. It presents a detailed, sector-by-sector analysis of the energy transition roadmap, beginning with an assessment of total energy demand and covering end-use sectors – transport, industry and buildings – as well as the power sector and the role of fuels such as oil, gas, coal and bioenergy.
Read More
Total primary energy consumption for energy uses fell by 3.6 per cent, with record low quarterly demand from nuclear generators the main driver for the fall in consumption. In the third quarter of 2025 dependency on fossil fuels was 72.6 per cent, up 0.5 percentage points on the same quarter of 2024. The low carbon share was 23.6 per cent in the third quarter of 2025, down 0.7 percentage points on the same quarter of 2024, due to the fall in nuclear output.
Read More
EDP has brought into operation a hybrid renewable energy project in central Portugal that combines onshore solar generation with hydropower. This 89 MW project, called the Pracana complex, is located across the municipalities of Mação and Proença-a-Nova, in the districts of Santarém and Castelo Branco. The project integrates a 48 MW solar plant with the existing 41 MW Pracana hydropower facility on the Ocreza river.
Read More
Heelstone Renewable Energy, a Qualitas Energy company, has closed a $200 million senior secured corporate credit facility in US. The facility is intended to support the company’s growing portfolio of utility-scale renewable projects, which includes more than 5 GW of solar, wind, and battery energy storage system assets. The financing was led by Deutsche Bank. PEI Global Partners acted as the exclusive financial advisor to Heelstone.
Read More
Grenergy has secured capacity contracts for five standalone battery energy storage system (BESS) projects in Poland through the latest auction conducted by Polskie Sieci Elektroenergetyczne (PSE), the national electricity system operator. The awarded projects have a combined power capacity of 534 MW, translating into 2.1 GWh of storage, and will function as reserve capacity when minimum system availability cannot be ensured.
Read More
Global hydrogen demand is expected to increase by 50 per cent, reaching 150 MMTPA from 100 MMTPA, between 2024 and 2030, driven by clean hydrogen; however, several regions are likely to encounter significant challenges. EMDEs are expected to host 25 to 30 per cent of the announced green hydrogen projects by 2030. The increase in demand for hydrogen is envisaged to be driven by both existing consuming sectors such as refineries, fertilisers, and methanol, as well as emerging sectors such as transport, steel and other industries which are expected to be unlocked with clean hydrogen.
Read More
Lightsource bp and Toyota Motor North America have concluded a 15-year virtual power purchase agreement (VPPA) linked to electricity from the 231 MW Jones City 2 solar project in Texas, US. The project forms part of the larger Jones City energy center and entered the construction phase in spring 2025. The Jones City energy center has a cumulative capacity of 700 MW.
Read More
Levanta Renewables has completed the acquisition of a fully operational 93 MWp ground-mounted solar portfolio in Thailand. The acquired portfolio comprises multiple solar plants located across eight provinces in Thailand. These projects are contracted under long-term power purchase agreements with the Provincial Electricity Authority and the Metropolitan Electricity Authority.
Read More
H2APEX Nova Holding GmbH, a subsidiary of H2APEX Group SCA, and the East Energy Group have established a joint venture (JV) named Hanseatic H2 to develop decentralised green hydrogen projects in Germany. The partnership plans to build four standardised electrolysis plants, each with a capacity of 5 MW, at locations across Northern and Eastern Germany. The projects will produce RFNBO-compliant hydrogen.
Read More
Nextpower and Abunayyan Holding have completed the incorporation of their joint venture (JV), Nextpower Arabia, headquartered in Riyadh, Saudi Arabia. The JV has been established to support the deployment of utility-scale solar projects across the Middle East and North Africa region. Additionally, the partners have announced a new advanced manufacturing facility in Jeddah that will be operational in the second quarter of 2026.
Read More
Blue Elephant Energy has acquired an onshore wind energy portfolio with a total nominal capacity of 381 MW in Mecklenburg-Western Pomerania. The portfolio, purchased from WIND-projekt, includes 37 operational wind farms with a cumulative installed capacity of 260 MW. Additionally, it includes four under construction wind farms totalling 46 MW, and three more wind farms totalling 75 MW will be transferred at the start of construction.
Read More
Standard Chartered Bank has completed its inaugural green bond issuance, raising approximately €1 billion. The proceeds are intended to support projects aligned with renewable energy, green buildings, and circular economy solutions across Asia, Africa, and the Middle East. Additionally, the proceeds will be used for climate-resilient infrastructure, energy efficiency initiatives, and sustainable water and natural resource projects.
Read More
Scatec ASA has entered into a long-term power purchase agreement (PPA) with the Egyptian Electricity Transmission Company for the development of a solar-plus-storage project in Egypt. The agreement covers 1.95 GW of solar generation capacity and 3.9 GWh of battery storage. As per this arrangement, Scatec will develop one integrated solar and battery storage hybrid project, alongside two standalone battery energy storage systems.
Read More
Treaty Oak Clean Energy has closed financing and begun construction on two solar projects in Louisiana, together adding 385 MW of renewable capacity. The projects include the Beekman solar project in Morehouse Parish and the Hollis Creek solar project in Sabine Parish. The electricity generated from both projects will be supplied to Meta Platforms through long-term offtake arrangements.
Read More
Masdar has entered into a power purchase agreement (PPA) for a 150 MW solar project in Angola. The agreement secures long-term electricity offtake for the Quipungo solar project, which is located in Huila province in southern Angola. The PPA was signed with the Rede Nacional de Transporte de Electricidade (RNT-EP), the state owned electricity-transmission company.
Read More
The US is witnessing an unprecedented rise in electricity demand, driven by AI-based data centres, semiconductor fabrication plants and other energy-intensive industries, which are straining the existing transmission and interconnection framework. In line with the US administration’s broader goals to strengthen domestic manufacturing, support AI infrastructure, and ensure that access to the transmission grid remains efficient, timely and non-discriminatory, the US DOE, on October 23, 2025, directed the FERC to begin the rulemaking process on establishing standardised interconnection procedures for large electrical loads.
Read More
After a period of unprecedented growth, the EU solar market is poised to take a small step back in 2025. The bloc is set to install 65.1 GW of new solar PV capacity, marking the first annual decrease in market size in a decade. Following years of extraordinary expansion, +38% in 2021, +48% in 2022, and +51% in 2023, growth had already slowed sharply in 2024, when installations rose only 2.8% to 65.6 GW. In 2025, the market is expected to shrink by 0.7%, confirming that the EU solar boom is under pressure. Several factors underpin this slowdown.
Read More
India’s renewable energy growth has been guided by a mix of near-term programmes and long-term planning initiatives undertaken by the government. In the short term, the focus has been on implementing already-notified schemes and mechanisms, such as the competitive bidding guidelines for solar, wind and hybrid projects; schemes for rooftop solar and decentralised renewable energy; promotion of storage technologies, including batteries and pumped hydro; and support measures like the production-linked incentive scheme for high-efficiency solar PV modules. These instruments have provided the framework within which industry and states are scaling up renewable deployment.
Read More