Month: January 2026

EDPR secures PPA for 150 MWac solar project in Illinois

EDP, S.A., through its subsidiary EDP Renováveis, S.A. (EDPR), has secured a 30-year power purchase agreement (PPA) with Consumers Energy Company for electricity generated from a 150 MWac, or 209 MWdc, solar project in Clark County, Illinois, US. Completion of the transaction remains subject to regulatory clearance from the Michigan Public Service Commission. The solar project is scheduled to commence operations in 2027.

Read More

ContourGlobal commissions 202 MW BESS project in Bulgaria

ContourGlobal has commissioned a 202 MW/500 MWh standalone battery energy storage system (BESS) in the Stara Zagora region of Bulgaria. The facility is fully operational and is participating in the country’s day-ahead and intraday electricity markets. Located on a 25,000 square metre site within the Maritsa East 3 coal-fired power plant complex, the project is funded through the European Union’s NextGeneration EU programme.

Read More

Duke Energy commissions integrated green hydrogen system in Florida

Duke Energy Florida has unveiled an integrated green hydrogen production, storage, and combustion system in Volusia County, Florida. The DeBary production storage system uses renewable energy from a 74.5 MW solar plant which powers two 1 MW electrolyser units. The system supplies hydrogen to a recently upgraded GE Vernova gas turbine that can run on natural gas-hydrogen blends of high percentage hydrogen.

Read More

New York State Energy Profiles: Report

In December 2025, the Energy Markets team of NYSERDA published Patterns & Trends – New York State Energy Profiles 2009-2023, a compilation of energy statistics and data on energy consumption, supply sources, prices, and expenditure information for New York State. The report presents New York State (NYS) energy statistics, evaluating energy consumption and prices over the past 15 years. These energy statistics provide a baseline reference for various research efforts conducted by NYSERDA and other government agencies, authorities, academia, and the public.

Read More

Ireland’s Energy Future: Report

This report assesses the outlook for Ireland’s energy security to 2035, drawing on international experience and detailed power system modelling developed with EirGrid, Ireland’s transmission system operator. There is a clear need to establish a unified cross-sectoral energy strategy to set a vision that guides this transition, supported by a detailed security study on the electricity supply mix. Ireland can build on its progress in power system transformation to set an example of secure integration of large shares of variable renewable generation while safeguarding energy security.

Read More

Global Floating Solar Framework: Report

Global floating solar capacity is projected to expand rapidly over the next decade, reaching around 77 GW of installed capacity by 2033, with the Asia-Pacific region expected to lead this growth. This expansion reflects falling generation costs, currently between USD 0.05 and 0.07 per kWh, and continued design innovations that are making floating solar a viable alternative to land-based systems. The Global Floating Solar Framework consolidates global experience and presents it in a form that is practical, actionable, and adaptable.

Read More

Spearmint Energy bags equity investment for 400 MWh BESS projects in Texas

Spearmint Energy has closed an equity investment with Kyuden International Corporation for two battery energy storage system (BESS) projects in Texas. The investment covers the Tierra Seca and Seven Flags projects, each with a capacity of 100 MW/200 MWh, located in Del Rio and Laredo, respectively. Together, the two projects add 400 MWh of battery storage capacity to ERCOT. 

Read More

OMV secures funding for green hydrogen plant in Austria 

OMV and Austria Wirtschaftsservice GmbH have entered into a funding agreement to support the construction of a green hydrogen plant in Bruck an der Leitha, Lower Austria. The agreement provides production funding of up to about €123 million for the planned project. The proposal had earlier received a positive assessment and funding recommendation from the European Hydrogen Bank. 

Read More

Corteva and bp launch JV for biofuels

Corteva Inc. and bp have formed a 50:50 joint venture (JV) company named Etlas to produce crop-based oil feedstocks for use in biofuels, including sustainable aviation fuel (SAF) and renewable diesel. Etlas will combine Corteva’s seed and crop technology capabilities with bp’s experience in fuel refining and downstream fuel markets to support the supply of biofuel feedstocks to global markets. 

Read More

Pattern Energy to acquire Cordelio Power

Pattern Energy Group has entered into a definitive agreement to acquire Cordelio Power, an independent power producer operating in Canada and US. Under the agreement, Pattern Energy will acquire an operating and under-construction renewable portfolio of 1,550 MW from Cordelio Power. This portfolio comprises 16 wind, solar, and energy storage projects located across Canada and the US. 

Read More

Moeve and Pretium Renovables to develop biomethane plants in Spain

Moeve and Pretium Renovables have entered into an agreement to develop between four and six biomethane plants in Spain. Each plant is planned with an estimated annual production capacity of 60 GWh. The projects are expected to be rolled out across multiple regions, with Andalusia identified as the priority area for initial development. Each biomethane plant is projected to offset 14,600 tonnes of carbon emissions annually.

Read More

Blueleaf Energy and Universal Peak bag BESS project in Malaysia

Blueleaf Energy, in partnership with Universal Peak Sdn. Bhd., has been selected by the Energy Commission of Malaysia to develop, own, and operate a 100 MW/400 MWh utility-scale battery energy storage system (BESS) project in the country. The project has been awarded under the Malaysia Battery Energy Storage System (MyBeST) programme. The project is scheduled for commissioning in 2027.

Read More

SolarMax bags EPC contracts for BESS projects in Puerto Rico 

SolarMax Technology, Inc., through its wholly owned subsidiary SolarMax Renewable Energy Provider, Inc., has entered into two engineering, procurement, and construction (EPC) agreements with Yabucoa BESS LLC and Naguabo BESS LLC. The agreements cover utility-scale battery energy storage system (BESS) projects located in Humacao, Puerto Rico, and Ceiba Municipality, Puerto Rico.

Read More

Nordex bags 224 MW wind turbine supply order in Germany

The Nordex Group has received wind turbine supply orders totaling 224.4 MW from UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) for wind projects located in Germany. The orders were placed under an existing framework agreement between Nordex Group and UKA and cover the supply of 33 N175/6.X wind turbines. The contracts also include a premium service arrangement for the maintenance of the turbines for a period of 20 years.

Read More

Ariguaní solar park in Colombia receives approval

The Ariguaní Solar Park, planned with a capacity of 200 MW, has received environmental approval from Colombia’s National Environmental Licensing Authority (ANLA), enabling the project to move forward under the applicable regulatory framework. The project is being developed by Xuenergy FV SAS. It is located in the Los Cerrajones district of the municipality of Chiriguaná in the Cesar department.

Read More

Spain approves subsidies for 1 GW of pumped storage projects

Spain’s Ministry for Ecological Transition and the Demographic Challenge (MITECO) has approved a second round of subsidies for innovative hydroelectric pumped storage projects (PSP), with a total allocation of about €90 million. The call is part of the Recovery, Transformation and Resilience plan and is expected to support close to 1,000 MW of new installed capacity with 7 GWh of storage capacity. 

Read More

Botswana inks $4 billion MoU with India’s KP Group

Botswana’s Ministry of Minerals and Energy has signed a memorandum of understanding (MoU) with KP Group, to jointly develop large-scale renewable energy generation, energy storage, and transmission infrastructure projects in the southern African country.  Under the MoU, KP Group and the Botswana government plan to jointly develop such projects involving an estimated capital investment of Rs 360 billion. 

Read More

Policy Developments in Europe’s Hydrogen Sector

Despite numerous project cancellations and postponements, including some striking ones, the European hydrogen sector has seen notable progress. As the market gradually grows, there is a need to develop market rules that govern the use and operation of the hydrogen network. Germany is a front-runner, reflecting its high ambitions, but other Member States are following. Denmark is also developing a financing framework and is working on the access rules for the hydrogen network, while Belgium is currently analysing options for the market design.

Read More

Oman’s Green Ambitions: Scaling renewables and building a resilient national grid

Oman’s power sector is evolving rapidly, marked by substantial renewable energy deployment, large-scale transmission upgrades and a clear strategic vision underpinned by Vision 2040. The country’s forthcoming solar and wind projects, combined with the extensive grid reinforcements planned by OETC, including the landmark RABT interconnector, will enable Oman to integrate GWs of new clean capacity, strengthen nationwide system reliability, unlock resource-rich regions and meet growing demand across industrial and urban centres.

Read More

What’s Really Driving Up US Electricity Prices?

Since 2010, the average price of electricity across the United States has risen by almost 30% with no signs of slowing down. This year alone, electric utilities across the nation have requested rate increases totaling $71.2 billion through 2028. As a result, the public has been playing a blame game with prices, pointing the finger at everything from the rise in new AI data centers, grid investments, growth in clean energy, to other sources of electricity demand. As the U.S. electricity system faces unprecedented challenges, policymakers, regulators and advocates have a choice: chase blame or drive solutions.

Read More