The Department for Energy Security and Net Zero of UK has announced the results of a clean energy auction, spanning solar, onshore wind, and tidal projects. Around 4.9 GW of solar capacity was awarded across 157 projects, 1.3 GW of onshore wind from 28 projects, and 20.9 MW of tidal capacity from four projects. The tariffs for onshore wind capacity was £72.24 per MWh, while the tariff for solar projects was £65.23 per MWh.
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A consortium comprising Electric Power Development Co., Ltd. (J-POWER), Aboitiz Renewables, Inc., and Sumitomo Corporation have completed the acquisition of the CBK Hydroelectric power plants in the Philippines following their win in the privatisation bid conducted by the Power Sector Asset and Liabilities Management Corporation (PSALM). The plants have a combined installed capacity of 797 MW.
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Clearway Energy Group has achieved financial close and commenced construction on the Spindle Energy Center, a 199 MW battery energy storage system (BESS) project located in Weld County, Colorado. The project will deploy American-made Tesla battery systems with a two-hour duration, enabling storage of up to 398 MWh of dispatchable electricity. It represents a total investment of $261 million.
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TotalEnergies has entered into two long-term power purchase agreements (PPAs) to supply 1,000 MW of solar capacity to Google for its data centres in Texas over a 15-year period. The agreements cover renewable electricity generation of approximately 28 TWh during the contract term. Power will be sourced from two solar projects, namely the 805 MWp Wichita project and the 195 MWp Mustang Creek project.
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Renewables are scaling fast because it’s become affordable and quick to deploy. We have already passed tipping points for key technologies, including battery storage, wind, solar, and electric vehicles. But challenges remain in plenty of sectors, like aviation and heavy industries. And energy transitions are never just about economics—they’re political. Some countries are still pouring money into fossil fuels even when renewables are cheaper. But the big difference now is this, at least in the power sector: clean energy is no longer an alternative. It’s the default.
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Atlantic Canada possesses one of the strongest and most extensive offshore wind resources in North America. Newfoundland and Labrador have the single largest provincial potential, with an estimated ~473 GW of buildable capacity. New Brunswick’s offshore wind potential is more moderate in scale compared to Nova Scotia and Newfoundland and Labrador, but still significant at ~37 GW of buildable capacity. Prince Edward Island offers a smaller but high-quality offshore wind resource, with ~9.5 GW of buildable capacity. Nova Scotia shows one of the strongest offshore wind profiles in Atlantic Canada with a total buildable capacity of ~434 GW.
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Thailand’s transport sector is undergoing a major transformation. Vehicle registrations have maintained a CAGR of 3.7% since 2008, led by passenger cars at 5.2%. As of November 2024, the vehicle stock reached 46.8 million, dominated by motorcycles (52.2%) and passenger cars (42.6%), reflecting the sector’s heavy reliance on road transport, which accounts for 80% of freight and passenger movements. By 2035, total registrations are projected to reach 68.2 million, with a motorization rate expected to reach 886 vehicles per 1,000 population by 2050. The EV market continues to expand rapidly but unevenly across segments.
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Revera Energy, an independent energy infrastructure platform backed by Carlyle, has completed the expansion of its credit facility to $150 million. The expanded facility is intended to support the development and construction of battery energy storage system (BESS), solar, and green hydrogen projects in pipeline across Australia’s National Energy Market (NEM) and UK.
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Nova Scotia and the Commonwealth of Massachusetts have signed an MoU to pursue cooperation on offshore wind energy, with the objective of enabling Nova Scotia to supply clean electricity to Massachusetts. The memorandum reinforces an existing collaborative relationship and outlines shared priorities related to clean, reliable, and affordable energy, resilient regional infrastructure, and employment creation across the energy supply chain.
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The Solar Energy Corporation of India (SECI) has announced the winners of its 1,200 MW interstate transmission system (ISTS) connected wind power projects (Tranche-XIX) auction. In the auction, KP Energy secured a capacity of 100 MW at a tariff of Rs 3.67 per kWh. Furthermore, Waaree Forever Energies, Ganeko Three Energy, and Opera Energy secured 300 MW, 180 MW, and 50 MW, respectively, at a tariff of Rs 3.68 per kWh.
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AEMO Services Limited (ASL), a subsidiary of the Australian Energy Market Operator (AEMO), has awarded long-term energy service agreements to six battery energy storage system (BESS) in New South Wales through Tender Round 6. All six projects are based on lithium-ion technology, with storage durations ranging from 8.7 hours to 11.5 hours. The projects together account for 1,170 MW of capacity and 11.98 GWh of storage.
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The report concludes that the technology developers active in the industry who provided costs for both contract years expect substantially lower costs in 2030 vs. 2025. Expected cost reductions by 2030 are driven by ongoing work, improved performance, and economies of scale from expanded manufacturing. The aggregated and normalised cost data provide actionable insights for utilities and system operators to incorporate LDES technologies into resource planning and capacity expansion models.
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The Southeast faces an affordability crisis and unprecedented load growth due to data centers, doubly stressing utility planning and customer finances. A well-designed portfolio of energy efficiency programs can produce significant cost savings for customers while also reducing exposure to fuel cost volatility and the financial risk that utilities will overbuild to meet load that may not materialize. Now more than ever, southeast utilities should seriously pursue energy efficiency for customer and utility cost savings and for risk management.
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This CETO 2025 report provides an analysis of the state of advanced biofuels in the European Union. EU advanced biofuels sector is key for achieving the binding targets set by the Renewable Energy Directive (RED III), including the target of at least a 42.5% renewable energy share by 2030. The transport sector is mandated to reach a 29% renewable energy share, which includes a binding combined sub-target of 5.5% for advanced biofuels and renewable fuels of non-biological origin (RFNBOs).
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Neoen has initiated construction of three new solar farms in France with a combined capacity of 230 MWp, all scheduled to become operational by 2028. The projects include the Le Couret agrisolar project with a capacity of 147 MWp in the Haute-Vienne department, along with the Isle-sur-Marne solar farm of 48 MWp and the Matignicourt floating solar farm of 35 MWp both located in the La Marne department.
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RWE and Amazon have entered into a power purchase agreement (PPA) for 110 MW of offshore wind capacity from the Nordseecluster B project in Germany. The PPA builds on a strategic framework agreement signed in June 2025, under which RWE supports Amazon’s carbon-free energy objectives, while Amazon Web Services provides cloud services, artificial intelligence, and data analytics for RWE’s digital transformation.
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Avangrid, Inc., a member of the Iberdrola Group, has commenced commercial operation of two solar projects in Wasco County, Oregon, namely Daybreak Solar and Bakeoven Solar. The two plants together provide a combined installed capacity of 269 MWdc, equivalent to 200 MWac. Daybreak Solar accounts for 189 MWdc, or 140 MWac; while Bakeoven Solar contributes 80 MWdc, or 60 MWac.
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Octopus Energy Group has announced a joint venture (JV) with PCG Power to trade renewable electricity in China. The JV will operate under the name Bitong Energy and will focus on trading green electricity in China’s spot power markets, where electricity is bought and sold in real time. The JV will begin operations in Guangdong province and will expand to other regions as additional markets open.
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Copenhagen Infrastructure Partners, through its fifth flagship fund Copenhagen Infrastructure V (CI V), has reached an agreement to acquire Ørsted’s European onshore renewable energy business. The transaction covers more than 800 MW of renewable capacity, consisting of 578 MW operational and 248 MW under construction project, along with a multi-GW development pipeline.
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Sonoco Products Company and ENGIE North America have commenced electricity delivery under a virtual power purchase agreement (VPP) linked to the Big Sampson wind project in Crockett county, Texas. The agreement covers an estimated 140 MW of electricity annually for a 15-year term starting from the project’s commercial operation.The project was completed in late 2025 and consists of 60 wind turbines, each with a capacity of 4.5 MW.
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