ACCIONA Energía has signed agreements to supply 800 GWh of renewable energy to energy-intensive industries in Italy, including Acciaierie Venete. The contracts fall under Italy’s Energy Release 2.0 mechanism, managed by Gestore dei Servizi Energetici. Industries will procure power at €65 per MWh for three years and ACCIONA Energía will develop new projects backed by 20-year fixed tariff arrangements.
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Matrix Renewables has begun commercial operations of the 281 MWdc Stillhouse Solar PV project in Bell County, Texas, alongside ITC funding and long-term debt conversion. The project represents an investment of over $380 million and includes 15-year PPAs with affiliates of Hyundai Motor Group. The project will help supply clean energy to roughly 48,862 households.
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HD Renewable Energy has partnered with Tokyo Gas Co to advance approximately 340 MW of battery energy storage (BESS) projects in Japan. The collaboration includes operational services and long-term offtake agreements across multiple projects. Around 149 MW of projects in Aomori Prefecture have been secured under Japan’s Long-Term Decarbonization Auction (LTDA) scheme.
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clearvise AG has signed power purchase agreements (PPAs) for five wind and solar projects across Germany and Ireland. The agreements cover four German solar parks: Klettwitz Nord (90 MW), Alsweiler (10 MW), Lohne (8.6 MW), Triticum (16.8 MW) and the 35 MW Glenough wind farm in Ireland. The PPAs are of 9-12 months and are expected to generate over €0.7 million in additional earnings compared to previous budget projections.
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Suniva plans to establish a 4.5 GW solar cell manufacturing facility in Laurens, South Carolina. The facility is expected to open in the second quarter of 2027. The 620,000 sq. ft. facility represents an investment of over $350 million which along with Suniva’s existing Atlanta facility will raise the company’s total U.S. solar cell manufacturing capacity to over 5.5 GW annually.
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The Huaneng Shandong Peninsula North L offshore wind power project in China with a total installed capacity of 504 MW has been fully grid-connected. The project deploys 42 units of 12 MW wind turbines about 70 km offshore in water depths of 52-56 meters. It is also expected to generate around 1.7 billion kWh of electricity annually, saving roughly 500,000 tonnes of standard coal on an annual basis.
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Atlas Renewable Energy, has closed the financing for the El Campano Solar project located in Córdoba, Colombia. The project will involve the construction and operation of a 128.8 MWdc solar plant. The financing structure for the project involved a loan of $77.6 million and a commercial credit facility of $15.5 million. Financiera de Desarrollo Nacional and BBVA CIB, acted as lenders and issuers of letters of credit.
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Voltalia has fully commissioned the Bolobedu solar farm project which is located in Limpopo province, South Africa. The project has a total installed capacity of 148 MW, and is part of a long-term corporate power purchase agreement (CPPA) with Richards Bay Minerals (RBM). The farm will supply around 300 GWh on an annual basis which is equivalent to the yearly electricity consumption of 425,000 inhabitants.
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ANDRITZ has secured an equipment order for the 3,000 MW Saidongar-1 Karjat pumped storage project in Maharashtra, India being developed by Torrent Energy Storage Solutions Private Limited, a subsidiary of Torrent Power Limited. The scope of work includes the design, manufacture, installation, testing, and commissioning of ten reversible pump turbines, motor generators, and associated electromechanical equipment.
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A new plug-in solar law passed in April 2026 clears the way for Maine renters, homeowners, and local business owners to take advantage of clean, cheap solar power to reduce their electricity bills. These small, portable solar panels are expected to generate a lot of interest because they’ll give Mainers the opportunity to generate solar power right at home to offset electricity use. A typical kit consists of between one and up to four to six solar panels, an inverter, and a plug, with the option of a battery. Now Mainers will be well positioned to make their own energy decisions, reduce their high electric bills, and take direct advantage of the cheapest energy on the planet.
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India’s renewable energy sector is undergoing a transformation. The reason AI is gaining traction in the renewables sector lies in the way renewable projects operate. Solar and wind projects are highly variable in their output as they rely on constantly changing environmental conditions. AI, supported by internet of things sensors, advanced analytics platforms and digital twins, provides the computational layer required to process these large volumes of operational data. From improving forecasting accuracy and optimising plant performance to enabling intelligent grid management and supporting project planning, AI applications are now emerging across the renewable value chain.
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One of Ireland’s key electricity supply mechanisms – the capacity market – is coming up for its 10-year renewal with the European Commission, in May 2028. Without necessary interventions, there is a risk that it could add billions of euros to household energy bills to support data centre electricity consumption; which could run in contradiction to EU state aid rules. The Irish capacity market is already set to add over €7 billion to energy bills between 2018 and 2037, via contracts to companies paid through levies on energy bills.
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Palisade Investment Partners, via Intera Renewables, has acquired a 100 per cent interest in the 240 MW/960 MWh Summerfield battery energy storage system (BESS) from Copenhagen Infrastructure Partners (CIP). The facility located east of Adelaide, is currently under construction with a scheduled completion date in late 2026. This acquisition bolsters Palisade’s total renewable energy portfolio to 2.5 GW.
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For energy-importing countries in Southeast Asia, the current oil and gas crisis has led to consumer curtailment and a scramble for affordable resources. Countries that have suspended operations or underutilised coal generation capacity now see it as a way to replace the LNG used for electricity generation. This demonstrates that coal is not insulated from geopolitical shocks: short-term switching pushes up demand, which in turn pushes up prices. Only renewables are immune to such immediate crises, as once installed, they do not require a constant supply of fuel to generate electricity.
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Energy Vault Holdings has acquired an 850 MW battery energy storage (BESS) development portfolio from a domestic developer in Japan. The portfolio includes 350 MW of advanced-stage projects expected to begin construction in the second half of 2027 and operations in the second half of 2028, along with 500 MW of early-stage projects.
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Revolve Renewable Power has signed the final interconnection agreement with Comisión Federal de Electricidad for its 130 MW EL24 Wind Project in Tamaulipas, Mexico. The project has also received its environmental permit from the Secretariat of Environment and Natural Resources (SEMARNAT). Additionally, the project has already secured the final generation permit from Comisión Nacional de Energía, Mexico’s renewable energy regulator.
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Europe’s energy security depends on reducing imported fossil fuel reliance through electrification and rapid expansion of homegrown renewable power. Meanwhile, Europe’s competitiveness relies on connecting new industrial demand. Analysis of available grid capacity shows that grids are not fully prepared for the continent’s ambitions. Europe needs to take swift action to address grid bottlenecks. This includes reforming administrative processes and deploying non-wire solutions.
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ITM Power has secured £40 million in funding from Great British Energy and £46.5 million from the UK government to scale its green hydrogen operations. This investment will establish a new 1 GW automated manufacturing line in the UK dedicated to the next-generation Chronos electrolyser stack.
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Electricity demand is surging. Projections for power consumption around the world have been revised upward in recent years, incorporating rising demand from data centers and the electrification of end-use sectors such as transportation. Although these trends vary across regions, they add up to a rapidly electrifying world. World coal demand has grown faster than expected. Under most scenarios, wind and solar grow to account for more than half of global electricity generation by 2050.
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Mexico’s trajectory has diverged in recent years due to shifting federal priorities, policy uncertainty, and a re-emphasis on fossil fuels. Although a new administration has created an opening for renewable energy investment and a potential opportunity for investors, Mexico must contend with the political uncertainty generated by mandates for state-owned electricity production, recent cancellations of renewable energy auctions, and constitutional reforms to unlock long-term success in meeting its climate and energy goals.
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