Month: June 2026

REPowering for Tripling: Advancing Wind Energy

REPowering for Tripling: Advancing Wind Energy

June 30, 2026 | ,

The IRENA Coalition for Action hosted a preliminary findings event for its forthcoming report REPowering for Tripling: Advancing Wind Energy, produced through a dedicated Task Force bringing together leading wind energy organisations including Acciona, Global Wind Energy Council (GWEC), World Wind Energy Association (WWEA), WindEurope, SSE Renewables, Siemens Gamesa, Canadian Renewable Energy Association, and the Centre for Science and Environment (CSE, India).

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IPX gets $4.95 billion for California solar and BESS project 

IPX gets $4.95 billion for California solar and BESS project 

June 30, 2026 | , , ,

IPX Power has secured $4.95 billion in committed financing for the construction and operation of the Darden solar and storage projects located in Fresno County, California. The project will feature 1.15 GWac of solar capacity and 4.6 GWh of battery energy storage (BESS). Commercial operations for the project are expected to commence in 2028.

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EDF to develop 2 GW pumped hydro storage and 500 MW solar project in Oman

EDF to develop 2 GW pumped hydro storage and 500 MW solar project in Oman

June 30, 2026 | , , ,

EDF Power Solutions and the Sultanate of Oman have signed three agreements to advance energy cooperation and sustainable development. The agreement include the 2 GW Jabal Abyad Pumped Hydro Energy Storage (PHES) Project, to be developed in partnership with EDF power solutions, Oman National Engineering and Investment Co (ONEIC), TAKHZEEN Oman and Green Universe Enterprise (GUE) alongside Oman’s Authority for Public Services Regulation (APSR).

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CIP reaches FID for Cobirgy biogas plant in Spain 

CIP reaches FID for Cobirgy biogas plant in Spain 

June 30, 2026 | , ,

Copenhagen Infrastructure Partners (CIP), through its Advanced Bioenergy Fund I (ABF I), has reached the final investment decision (FID) for the Cobirgy biogas plant located in Catalonia, Spain. The project will produce over 230 GWh of biomethane annually and around 150,000 tonnes of organic fertiliser and soil improver products. The plant will process up to 500,000 tonnes of agricultural and industrial organic waste annually. 

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RWE and PPC commission 930 MWp solar capacity in Greece 

RWE and PPC commission 930 MWp solar capacity in Greece 

June 29, 2026 | , ,

RWE and PPC have commissioned the final solar farm of the Amynteo photovoltaic complex located in Western Macedonia, Greece. This commissioning brings the nine solar projects with a combined capacity of 930 MWp into full operation. The projects were developed through their joint venture Meton Energy S.A. with RWE owning 51 per cent and PPC owning 49 per cent. 

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KKR to acquire EDF’s US and Canada business

KKR to acquire EDF’s US and Canada business

June 29, 2026 | ,

EDF has signed an agreement under which KKR has agreed to acquire the US and Canadian operations and assets of EDF power solutions. The agreement is subject to regulatory approvals and employee consultation procedures. The agreement also grants EDF power solutions the option to sell these assets under the agreed terms. As of March 2026, EDF operates a renewable energy portfolio with a total net installed capacity of 5.6 GW across US and Canada.

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Aker Solutions secures 150 MW hydropower contract in Norway

Aker Solutions secures 150 MW hydropower contract in Norway

June 29, 2026 | , ,

Aker Solutions has secured a contract from Tussa Energi to supply all electromechanical equipment for the Tussa II hydropower plant. The contract is valued between NOK 0.5 billion and NOK 1.5 billion. The plant is located in western Norway. The project will expand the facility’s installed capacity from 64 MW to 150 MW with the addition of two 75 MW Pelton turbine units.

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India’s Wind Sector Shows Signs of Revival

India’s Wind Sector Shows Signs of Revival

June 29, 2026 | ,

India’s wind power sector has regained momentum, recording its highest annual additions in nearly a decade. During 2025-26, the country added 6.05 GW of new wind capacity, exceeding the previous peak of around 5.5 GW achieved in 2016-17. A key driver of this growth has been the expanding commercial and industrial (C&I) market, which accounted for nearly 4.5 GW, or about 75 per cent, of total wind capacity additions during the year. Further, India’s total installed wind capacity stood at about 56 GW as of 2025-26. While recent momentum in the wind sector is encouraging, key challenges remain. These include untapped offshore wind potential, slower technology advancement compared to global markets, and persistent project execution and grid constraints.

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Renewables Impact: Assessing power system resilience in non-EU Mediterranean countries

Renewables Impact: Assessing power system resilience in non-EU Mediterranean countries

June 29, 2026 |

The transition towards higher shares of renewable energy across the assessed Mediterranean countries is expected to significantly increase system flexibility requirements between 2025 and 2030. As renewable deployment accelerates, ramping requirements and periods of negative residual load are expected to intensify, with Tunisia facing the most frequent occurrences, particularly in winter when demand is low and renewable output remains high.  While solar and wind follow relatively predictable daily patterns, electricity demand varies seasonally, with summer demand creating mismatches between supply and consumption. This increases the need for flexible resources such as energy storage, demand response and cross-border interconnectors to balance the system. 

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Hy2gen’s Albatros hydrogen project wins European Hydrogen Bank support

Hy2gen’s Albatros hydrogen project wins European Hydrogen Bank support

June 26, 2026 | , ,

Hy2gen Nordic’s Albatros renewable hydrogen project located in Kassø, Denmark, has been selected for support under the European Hydrogen Bank (EHB). The project will feature a 100 MW electrolyser producing RFNBO-certified renewable hydrogen for industrial customers in Germany and across Europe. The project is expected to produce approximately 144,000 tonnes of renewable hydrogen over a period of 10 years. 

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Enlight secures financing for CO Bar Complex in Arizona

Enlight secures financing for CO Bar Complex in Arizona

June 26, 2026 | ,

Clēnera Holdings, subsidiary of Enlight Renewable Energy, has secured a debt financing framework agreement for the CO Bar Complex in Arizona, US. The complex represents a total investment of $2.9-$3.05 billion, supported by $1.705 billion in term debt and expected tax equity proceeds of $1.45-$1.53 billion. Financing commitments totaling approximately $2.6 billion were provided by BNP Paribas Securities Corp., Crédit Agricole CIB, MUFG Bank, Ltd., Natixis, New York Branch, Norddeutsche Landesbank Girozentrale, New York Branch, Societe Generale, and Wells Fargo Securities, LLC. 

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Brazil’s Petrobras approves $1.2 billion renewable fuels investment

Brazil’s Petrobras approves $1.2 billion renewable fuels investment

June 26, 2026 | ,

Petrobras has approved the final investment decision for the RPBC Biorefining project at the Presidente Bernardes Refinery in Cubatão, São Paulo, Brazil. The project represents an estimated investment of approximately $1.2 billion. The project involves the construction of a facility capable of producing up to 15,000 barrels per day of renewable fuels, including sustainable aviation fuel (SAF) and renewable diesel. 

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rPlus Energies commissions 400 MW solar plus BESS project in Utah

rPlus Energies commissions 400 MW solar plus BESS project in Utah

June 25, 2026 | , , ,

rPlus Energies has commenced commercial operations at the Green River Energy Center located in Emery County, Utah. The project features 400 MW of solar generation capacity and a 400 MW/1,600 MWh battery energy storage system (BESS). The project is expected to generate over $55 million in property tax revenue to support local schools and public services. The project was commissioned on June 22, 2026. 

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CIP reaches financial close for 392 MW wind project in Romania

CIP reaches financial close for 392 MW wind project in Romania

June 25, 2026 | , ,

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), has reached financial close for the 392 MW Pestera II onshore wind project located in Constanța County, Romania. The project secured a 15-year contract for difference (CfD) for 245 MW of capacity in December 2024. The project is expected to commence commercial operations in 2028.

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SunAsia and VinEnergo plan 422 MWp floating PV in Philippines

SunAsia and VinEnergo plan 422 MWp floating PV in Philippines

June 25, 2026 | , ,

SunAsia Energy Inc. and VinEnergo have partnered to develop a 422-MWp solar on Water portfolio across Pampanga and Negros Occidental, Philippines. The portfolio comprises three floating solar projects representing an estimated investment of $406 million. The projects are targeted for commercial operation between 2027 and 2028. Once operational, the projects are expected to generate clean electricity to power more than 278,000 homes annually.

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Can Conventional Energy Expertise Bridge the Skill Gap in Energy Transition?

Can Conventional Energy Expertise Bridge the Skill Gap in Energy Transition?

June 24, 2026 |

Oil and gas expertise can support the renewable energy transition when it is applied honestly, selectively, and with measurable results. Its best uses are in offshore wind, geothermal energy, carbon capture and storage, hydrogen, methane reduction, safety systems, and large-scale project delivery. But expertise is not the same as progress. If traditional energy companies continue to prioritise fossil fuel expansion while using clean energy language for reputation, they will slow the transition rather than support it. The real question is not whether oil and gas knowledge has value. It does. The better question is whether that knowledge will be used to protect old systems or build cleaner, safer, and more reliable energy infrastructure for the future.

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ContourGlobal acquires 2,000 MWh Wallace BESS in UK 

ContourGlobal acquires 2,000 MWh Wallace BESS in UK 

June 24, 2026 | , ,

ContourGlobal has entered the UK market with the acquisition of 500 MW/2,000 MWh Wallace battery energy storage (BESS) from a consortium of sellers including New Energy Partnership Limited. It is a four-hour-duration BESS. The project is expected to participate in the upcoming UK Capacity Market auction. The project also benefits from a full planning consent, a secured land option, and allocated Gate 2 status under the UK grid connection reform process. 

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ADB to fund 500 MWh BESS project in Cambodia

ADB to fund 500 MWh BESS project in Cambodia

June 24, 2026 | , ,

The Asian Development Bank (ADB) has approved a $63.44 million financing package to support the deployment of a 250 MW/500 MWh battery energy storage system (BESS) at Cambodia’s Takeo substation. The financing package comprises a $40 million concessional loan and a $5 million grant from ADB, alongside $18.44 million in co-financing from the Green Climate Fund and the UK through the ASEAN Catalytic Green Finance Facility.

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Data Center Regulations Create Demand for Solar-plus-Storage in the US

Data Center Regulations Create Demand for Solar-plus-Storage in the US

June 23, 2026 |

Amazon, Meta, Google, and Microsoft currently account for 49 per cent of all corporate clean power purchase agreements (PPA) volumes globally in 2025, contracting more than 27 GW between the four of them. The interesting change is that generation mixes are becoming more and more firm, as developers selling baseload-like products such as co-located solar-plus-storage, hybrid wind plus solar represented seven of the top 10 PPA sellers. Google signed 1 GW of solar with TotalEnergies in Texas alone. This massive increase in procurement is being caused by multiple state mandates that makes new clean energy a safe path forward for data center operators, and it’s creating near-guaranteed demand for solar-plus-storage developers.

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I Squared Capital and GS E&C to develop 1.5 GW renewables in South Korea

I Squared Capital and GS E&C to develop 1.5 GW renewables in South Korea

June 23, 2026 | , , ,

I Squared Capital and GS E&C have signed a memorandum of understanding to establish a joint venture (JV) focused on developing solar and battery energy storage projects in South Korea. The partnership aims to secure and develop 1.5 GW of renewable energy capacity by 2035, including approximately 820 MW of solar projects. The collaboration aligns with South Korea’s energy transition goals as it targets renewable energy sources to contribute at least 20 percent of total electricity generation by 2030.

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