Month: May 2026

Vena starts construction of 380 MWp solar projects in Philippines

Vena Energy has commenced construction for the 80.6 MWp Astra Solar and 300 MWp Opus Solar projects located in Ilocos Norte, Philippines. These projects together will expand the company’s total solar capacity in Ilocos Norte to approximately 480 MWp. Groundbreaking ceremonies were held on 5th May 2026 for the Astra Solar project in Currimao and on 6th May 2026 for the Opus Solar project in Paoay. 

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Flower advances its 400 MWh BESS project in Hamburg 

Flower has advanced its internally developed battery energy storage system (BESS) project located in Bergedorf, Hamburg, to ready-to-build status after securing land, grid connections, and permits. The project has an installed capacity of 100 MW/400 MWh. The project is expected to commence operations in late 2028 and represents a major step in the company’s expansion strategy in Germany.

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Longroad Energy commences operations of Sun Pond Project in Arizona

Longroad Energy has commenced commercial operations at the Sun Pond project in Arizona. The project comprises 111 MWdc solar and 85 MWac/340 MWh battery energy storage system (BESS). The project is expected to generate renewable electricity to power around 35,000 US homes annually while avoiding more than 145,000 metric tonnes of carbon emissions annually.

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GOLDBECK SOLAR to develop 268 MWp solar park in Germany

GOLDBECK SOLAR is developing the 268 MWp Schafhöfen Solar park in Bavaria, Germany for Blue Elephant Energy GmbH. The project company is BEE Solarpark Schafhöfen GmbH & Co. KG, while GOLDBECK SOLAR will deliver the project under a turnkey EPC contract. Construction for the project is scheduled to commence from May 21, 2026, while commercial operations are targeted for September 2027. 

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ADB to finance ACWA’s 300 MW wind project in Uzbekistan

Asian Development Bank (ADB) has signed a $116 million financing package with ACWA Power to support the development, construction, operation, and transfer of a 300 MW wind power project in the Bukhara region, Uzbekistan. The financing includes a $50 million loan from ADB’s ordinary capital resources, $41 million from commercial lenders, and $25 million from the ADB’s Leading Asia’s Private Infrastructure Fund 2 (LEAP 2).

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Axpo and R.Power sign agreement for 1,200 MWh BESS in Poland

Axpo and R.Power have signed an agreement for the optimisation of a 300 MW/1,200 MWh battery energy storage system (BESS) in Dzięgielewo, Poland. The agreement will cover the full scope of optimisation services for the project from the start of commercial operations through the end of 2038. The agreement will commence from the start of commercial operations and remain in effect through the end of 2038. 

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EDP and Meta sign PPA for 250 MW solar project in Arkansas

EDP, through EDP Renewables North America, has signed a long-term power purchase agreement (PPA) with Meta for the 250 MW Cypress Knee Solar project in Arkansas. The project is scheduled for completion by 2028. The agreement marks Meta’s third clean energy partnership with EDPR NA, taking the companies’ total contracted renewable energy portfolio to 545 MW in US.

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New York launches a new onshore renewable energy tender

The New York State Energy Research and Development Authority (NYSERDA) has launched the 10th annual Renewable Energy Standard solicitation, RESRFP26-1, to accelerate clean energy deployment across New York. The solicitation, issued on April 24, 2026, seeks Tier 1-eligible renewable energy certificates (RECs) from projects with a near-term path to commercial operation. The procurement process will follow a two-step structure comprising a step one eligibility application and a step two competitive bid proposal process.

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ATOME PLC reaches FID for green fertiliser plant in Paraguay

ATOME PLC has reached a final investment decision (FID) for its 260,000 tonne-per-year low-carbon fertiliser plant in Villeta, Paraguay. The project, powered entirely by renewable baseload hydropower, will produce low-carbon calcium ammonium nitrate (CAN) fertiliser independent of fossil-fuel price volatility. The plant construction is expected to begin shortly, with full commercial production targeted by or before October 2029.

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EWEC and Masdar join forces for 30 GW solar and 8 GW BESS

Emirates Water and Electricity Company (EWEC) has signed a collaboration framework agreement (CFA) with Masdar to accelerate the development of renewable energy projects across the UAE. The agreement supports EWEC’s plans to deploy more than 30 GW of solar PV capacity and over 8 GW of battery energy storage aligning with Abu Dhabi’s Clean Energy Strategy 2035 and the UAE Net Zero 2050 initiative. 

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AMPIN commissions 500 MW wind-solar hybrid project in India

AMPIN Energy Transition has commissioned approximately 500 MWp of inter-state transmission system-connected wind–solar hybrid capacity at Fatehgarh-IV substation in Rajasthan, India. The project consists of nearly 400 MWp of solar capacity, with about 100 MW of wind capacity to enable round-the-clock renewable energy supply. It is expected to generate approximately 1.25 billion units annually and avoid nearly 1.15 million tonnes of carbon dioxide emissions each year.

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Europe’s 2026 Energy Crisis: How Geopolitics Is Reshaping the Green Transition

The resurgence of geopolitical conflict in the Middle East has sent shockwaves through global energy markets. Oil prices have surged above $100 per barrel, while disruptions to the Strait of Hormuz, a chokepoint for roughly 20% of global oil and gas flows, have intensified concerns about supply security and price volatility. For Europe, this moment represents both a stress test and a potential turning point. Whether this moment ultimately strengthens or weakens the green transition in Europe will depend on political choices. Policies that cushion households from price shocks, invest in infrastructure, and frame climate action as a pathway to security rather than sacrifice will be essential.

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America’s Messy but Unstoppable Transition to EVs

While the EV adoption curve has slowed in the U.S., the underlying technological and investment momentum makes the shift inevitable, with deep implications for labor, local economies and infrastructure. Ensuring a successful transition will require a multifaceted approach involving careful planning, workforce training, public-private collaboration and adaptation to policy and market uncertainties. The EV transition is at a crucial juncture where sustained, long-term investment depends on a stable policy framework, especially at the federal level, ensuring the industry continues to grow. If done right, the EV transition can still be a win-win for the U.S. economy, workers and climate goals.

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Financing the ASEAN Power Grid

ASEAN has achieved significant political momentum around energy connectivity, but translating ambition into implementation requires addressing gaps in policy, institutional capacity and financing structures rather than economics, as modelling shows interconnectors can deliver competitive, bankable returns. Critical enablers include tariff certainty, availability-based payments, harmonised commercial frameworks, access to affordable long-tenor debt and credible investor exit pathways. Achieving the investment challenge will demand sustained, coordinated action by governments, regulators, utilities, development finance institutions and the private sector.

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CIP launches Perigus post Ørsted deal

CIP has launched Perigus Energy following the acquisition of Ørsted’s European onshore renewables business through its fifth flagship fund Copenhagen Infrastructure V (CI V). Perigus Energy currently has 826 MW of operational and under-construction renewable energy capacity. Perigus Energy will develop, build, and operate onshore wind, solar, and battery storage projects across Ireland, Germany, the UK, and Spain.

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GenusPlus secures EPC contract for 200 MW/800 MWh BESS in Australia

GenusPlus Group Limited has secured an engineering, procurement and construction (EPC) contract for the 200 MW/800 MWh Koolunga battery energy storage system (BESS) in South Australia (SA). Construction works are expected to commence shortly, with commissioning scheduled for September 2027. Equis Development Pte Limited, is developing the project and will act as its owner and operator.

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BNZ secures contracts to supply 1,600 GWh of renewable energy in Italy

BNZ has signed agreements to supply 1,600 GWh of renewable energy to major steel and iron companies in Italy. The clean power supplied under the agreement will be equivalent to the annual electricity consumption of around 600,000 homes and is also expected to offset 528,000 tonnes of carbon emissions. The agreements were signed under Italy’s “Energy Release 2.0” scheme managed by Gestore dei Servizi Energetici.

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TotalEnergies and Nextnorth commence construction of 440 MWp solar project in Philippines

TotalEnergies and Nextnorth have achieved financial close and begun construction of a 440 MWp solar project located in Isabela, Philippines. TotalEnergies owns 65 per cent of the project while Nextnorth has a 35 per cent stake in the project. The project is expected to commence operations by the end of 2027. The project is estimated to generate 13.5 TWh of electricity over a period of 20 years.

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