Month: May 2026

Accelerating Solar and Storage Deployment in EU: Report

The report demonstrates that scaling up solar power and battery storage, as the cheapest and most versatile forms of power generation, offers the most effective and immediate pathway to deliver on all three pillars of the energy trilemma: sustainability, affordability, and security. The report identifies a sweet spot where consumers benefit from lower average prices, while preserving the business case for large-scale solar investments, which has become increasingly unattractive as more frequent negative price-hour events decrease the value of solar power.

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Sungrow and Masdar sign 7.5 GWh ESS deal for RTC project in Abu Dhabi

Sungrow andMasdar have signed an agreement to supply a battery energy storage system (BESS) and photovoltaic (PV) inverter solutions for the UAE’s gigascale round-the-clock renewable energy project. The project, being developed by Masdar and Emirates Water and Electricity Company (EWEC), will combine 5.2 GW of solar PV with a 19 GWh BESS. Under the agreement, Sungrow will provide 7.5 GWh of PowerTitan 3.0 ESS and 2.6 GW of PV inverter solutions.

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Power2X announces FID for 20 MW green hydrogen project in Netherlands

Power2X has announced the final investment decision (FID) for the Djewels green hydrogen project. The 20 MW project is located in Delfzijl, Groningen in the Netherlands. The project will be developed at the Chemical Park Delfzijl and is connected directly to Nobian’s industrial infrastructure.  The project will now enter the construction phase with first production expected in mid-2028.

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Grenergy inks hybrid PPA with Georgia Power in US

Grenergy has entered into a 20-year power purchase agreement (PPA) with Georgia Power in US for the supply of renewable energy and associated renewable attributes under the Clean and Renewable Energy Subscription (CARES) 2023 programme. The agreement covers the entire output from the Beaver Creek hybrid project, which is estimated to generate approximately 400 GWh of energy annually.

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Barrow green hydrogen project in UK reaches FID

The 30 MW Barrow Green Hydrogen project in Barrow-in-Furness, Cumbria, has reached final investment decision (FID). The project is being delivered by Green Hydrogen Energy Company, a joint venture of Schroders Greencoat and Carlton Power. The will supply c100 GWh of green hydrogen annually to Kimberly-Clark’s manufacturing facility in Cumbria. Furthermore, Plug Power will provide 30 MW of GenEco proton exchange membrane (PEM) electrolysers for the project.

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Avangrid and PSE ink PPA for 199.5 MW wind project in US

Avangrid has signed a long-term power purchase agreement (PPA) with Puget Sound Energy (PSE) for the Big Horn I wind project located in Klickitat County, Washington. The project will have a nameplate capacity of 199.5 MW, enough to supply electricity to around 70,000 homes annually. The project, developed by Avangrid in 2006, is expected to commence commercial operations in 2028 following its redevelopment.

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BII and CIP launch $300 million Indian clean energy platform

BII has announced the launch of North Star. It is a $300 million platform aimed at accelerating the development of clean energy in India. BII will invest $150 million in the platform, while another $150 million will be provided by Copenhagen Infrastructure Partners through its Growth Markets Fund II. The platform is the first investment under British Climate Partners, a £1.1 billion climate finance initiative launched by BII.

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Edify closes funding for Queensland solar and BESS projects

Edify Energy has achieved financial close for the Smoky Creek and Guthrie’s Gap Solar Power Stations located in Central Queensland, Australia. The projects will deliver 720 MWp of combined solar generation capacity along with 600 MW/2,400 MWh of battery energy storage system (BESS). Both projects have also secured long-term support under the Australian Government’s capacity investment scheme (CIS).

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OnPath Energy to invest £1 billion in Scottish onshore wind

OnPath Energy has planned to invest around £1 billion for onshore wind project developments in partnership with Wilson Forest Products over the next five years. This includes the development of the Bankend Rig II, Bankend Rig III, and Hawkwood Wind Farm projects in Southern Scotland. The projects will include a total of 18 turbines with a combined generation capacity of 121 MW and will generate enough electricity to supply around 150,000 homes annually. 

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Ford and EDF sign upto 4 GWh BESS supply agreement

Ford Motor Company, a subsidiary of Ford Energy andEDF Power Solutions North America have signed a five-year framework agreement for large-scale battery energy storage (BESS) procurement in US. Under the agreement, EDF may procure up to 4 GWh of DC Block BESS annually from Ford Energy. The partnership represents a total potential deployment volume of up to 20 GWh over the five-year term.

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Enel to acquire 270 MW solar plants in US

Enel S.p.A., through its subsidiaryEnel Green Power North America, has signed an agreement with a US utility to acquire a portfolio of seven operational solar PV plants with a combined capacity of about 270 MW. The agreement has an enterprise value of approximately $140 million. The acquisition will be financed through cash flows generated from current operations. The portfolio is expected to generate approximately 0.4 TWh of electricity annually.

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Europeans turn to clean energy amid fossil fuel price shock

The start of the Iran war has significantly accelerated consumer and government interest in clean energy. High fossil fuel prices and concerns over energy security have led to a surge in solar PV and electric vehicle inquiries across several European markets. Supportive policy frameworks can bolster the economic case for switching to renewables and electric vehicles. The relative size of Google searches for “plug-in solar” across six markets offers an indication that government support for new technologies influences take-up. Peaks in interest in EVs show a strong correlation with fossil fuel shocks related to geopolitical events, suggesting increased potential for electrification, which can be further supported through effective incentives.

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Southeast Asia’s Grid Ambitions: Conference highlights of TransTech ASEAN 2026

Southeast Asia’s energy transition is gathering momentum, supported by rising investment, evolving policy frameworks, and closer regional integration. Countries are setting ambitious renewable energy targets, electricity demand is growing, and governments are increasingly recognising that power grids, not just generation, are the critical bottleneck to overcome. The region is expected to drive 25 per cent of global energy demand growth by 2035. As one of the fastest-growing electricity markets, it needs to balance industrial growth, rapid electrification and decarbonisation efforts. With nearly 200 GW of renewable energy potential, project development is accelerating to meet demand from transport electrification, data centres and net-zero goals.

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The Economics of Community Solar in US

Utilities often oppose customer-driven, third-party owned energy projects like community solar because they threaten shareholder profits. And because utility ratemaking is complicated and often happens in a black box, it’s hard for legislators to know the truth. In reality, extensive research and real-world data show that the benefits of community solar and other distributed generation reduce long-term costs for all ratepayers. That’s because small projects placed on the distribution system closer to customers make more efficient use of existing infrastructure, leverage private capital to upgrade the system, and allow utilities to reduce and avoid certain costs that ratepayers would otherwise incur.

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EVREC files EIS for green hydrogen and ammonia project in Canada

Exploits Valley Renewable Energy Corporation (EVREC) has filed the environmental impact statement (EIS) for its wind-to-green hydrogen and ammonia project in Central Newfoundland, Canada. EVREC is a joint venture between Abraxas Power and EDF power solutions which are jointly developing the project. The EIS will assess the potential environmental impacts associated with all stages of the project, including construction, operation, maintenance, and eventual decommissioning.

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OX2 begins construction of 135 MWac solar farm and 100 MW BESS in Australia

OX2 has commenced construction of the Muswellbrook solar farm and battery project in New South Wales, Australia. The project features 135 MWac of solar capacity and 100 MW of battery energy storage system (BESS). The project has also secured a long-term hybrid power purchase agreement with an international offtaker covering both solar generation and battery storage. Construction for the project is expected to complete in 2028.

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European Energy begins construction on Sicilian AgriPV project

European Energy has commenced construction of a 225.5 MW agrivoltaic project in Sicily, Italy, following a final investment decision of more than €200 million. The project is expected to generate around 405 GWh of electricity annually, sufficient to power more than 135,000 households. European Energy will manage engineering, procurement and construction activities. The project is part of European Energy’s portfolio supported under Italy’s FER X Transitional Contract for Difference auction scheme.

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Decarbonisation is transforming the maritime sector by reshaping fuels, vessels and port infrastructure: Singapore’s Murali Pillai

Singapore stands among the world’s top maritime hubs and serves as a critical gateway for trade. Beyond enabling expan­­sion of infrastructure, the country has placed strong emphasis on enhancing the efficiency and performance of its ports. Decarbonis­ation has been a key priority in line with efforts to reduce the carbon footprint, while the integration of new and advanced technologies has helped en­hance overall productivity. At the recent Singapore Maritime Week, Murali Pillai, Senior Minister of State for Transport and Law, Singapore, highlighted Singapore’s growing focus on decarbonisation and digitalisation of the maritime sector.

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Gen2 Energy secures grid capacity for green hydrogen project in Norway

Norway-based Gen2 Energy has secured a 150 MW grid capacity reservation for its green hydrogen project at Monstad in Åfjord municipality. This will strengthen the project’s power connectivity framework. The project will produce up to 60 tonnes of liquefied green hydrogen per day. The reservation pertains to the existing transmission network and ensures access to the required grid capacity for the proposed facility. 

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