Ignitis group has secured a €150 million loan from the European Investment Bank (EIB) to support the financing of the Kelmė Wind Farm. The wind farm has a combined installed capacity of 313.7 MW and is located in Lithuania. The project reached commercial operations in June 2025. With this, the total investment in the Kelmė Wind Farm, including acquisition and construction costs, is expected to reach up to €550 million.
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Frontier Power Energy Holdings has acquired the rights to the Ayr and Busby long-duration energy storage (LDES) projects from Apatura Energy. The projects will provide a combined capacity of 350 MW/2.8 GWh, with the Ayr project planned at 200 MW (1,600 MWh) and the Busby project at 150 MW (1,200 MWh). Both projects are expected to deploy long-duration battery systems supplied by Eos Energy Enterprises, including its Z3 technology platform.
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The US solar industry installed 7.8 GWdc of capacity in Q1 2026, a 27% decline from Q1 2025 and a 42% decline compared with Q4 2025. The residential segment installed 1,179 MWdc of solar capacity, increasing 6% year-over-year and declining 15% quarter-over-quarter. The commercial segment installed 523 MWdc, declining 4% year-over-year and 25% quarter-over-quarter. The community solar segment installed 247 MWdc, declining 4% year-over-year and 67% quarter-over-quarter. The utility-scale segment installed 5.9 GWdc, declining 34% year-over-year and 45% quarter-over-quarter.
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The offshore wind sector in the UK has experienced a year of significant progress, policy innovation and industrial expansion, reinforcing the country’s position as a leading market. Against a backdrop of heightened geopolitical uncertainty and renewed focus on energy security, the government has accelerated efforts to expand offshore wind deployment, strengthen domestic supply chains and reform the electricity system to integrate much larger volumes of renewable generation. The UK has also continued to make progress in floating offshore wind, with the AR7 auction securing two commercial-scale floating projects.
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California’s electricity demand is projected to rise sharply driven by the rapid expansion of large data centres, industrial growth, as well as transport and building electrification. Meeting this demand will require installed capacity additions of over 74 GW and 107 GW, respectively. These additions are also critical to achieving the state energy goals established under the Senate Bill (SB) 100, which mandates a renewables share of 50 per cent by 2026, 60 per cent by 2030 and 100 per cent by 2045. In April 2026, CAISO released its draft 2025-26 Transmission Plan, recommending 38 transmission upgrades with an estimated total cost of $7 billion, phased in over lead times of up to 8-10 years and translating to approximately 0.5 cents per kWh over the life of the projects.
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ENGIE and European Energy have signed an agreement to develop a large-scale renewable hydrogen project in Aabenraa Municipality, Denmark. The project will feature an electrolyser with a capacity of up to 150 MW and is planned to connect to the future Danish-German Hydrogen Backbone infrastructure. The facility will be developed close to an industrial-scale e-methanol plant, owned by Mitsui & Co. and European Energy.
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Pacifico Energy Korea has signed a memorandum of understanding (MoU) with Hana Bank and Hana Securities to explore financing solutions for the 3.2 GW Jindo Offshore Wind Project Cluster in South Korea. The MoU will involve the three parties collaborating on funding strategies covering the development, construction and operation phases of the offshore wind portfolio, while also developing a financing model for Korea’s offshore wind industry.
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Sembcorp Industries has completed the full acquisition of Alinta Energy. The acquisition was completed through Sembcorp’s wholly owned subsidiaries – Sembcorp Energy Australia Pty Ltd and Sembcorp Energy Australia Pte Ltd. The acquisition follows Sembcorp’s announcement in December 2025 to acquire Alinta from Chow Tai Fook Enterprises. Alinta Energy has been under the ownership of Chow Tai Fook since 2017.
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Germany’s Federal Network Agency has released the results of the onshore wind and innovation auction. The onshore wind auction awarded approximately 2.5 GW across 270 winning bids from 628 submissions totaling roughly 6.4 GW, significantly oversubscribing the 2.5 GW tender. Successful bid prices ranged from 4.44 ct/kWh to 5.19 ct/kWh, with a volume-weighted average of 5.06 ct/kWh, down from 5.54 ct/kWh in the previous round.
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Acwa Power Philippines has signed a lease agreement with the Bases Conversion and Development Authority (BCDA) to develop a utility-scale solar and battery energy storage system (BESS) project in New Clark City. The project is expected to reach up to 500 MW of solar PV and battery storage capacity upon full development, subject to regulatory approvals and future expansion phases.
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RWE and Meta have signed a long-term power purchase agreement (PPA) for the 298 MWac Rabbit’s Foot Solar project in Bowie County, Texas. The project is currently under construction and is expected to commence commercial operations by the end of 2027. Once operational, the facility will supply clean electricity to support Meta’s commitment to matching its operations with 100 percent renewable energy.
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Masdar has agreed to acquire a 49.99 percent stake in Repsol’s 705 MW renewable energy portfolio in Spain in a deal valuing the assets at €849 million. The portfolio comprises 13 wind farms with a combined capacity of 402 MW and 6 solar parks totaling 303 MW, all of which became operational in 2025 and the first quarter of 2026. It also includes a pipeline of more than 565 MW of potential hybrid projects involving wind, solar and battery storage.
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Developers canceled more than 8 GW of planned clean power projects in the first quarter 2026 alone, including 4.7 GW of solar projects, bringing total cancellations since the start of 2025 to more than 21 GW nationwide. Developers announced 693 GW of clean power projects nationwide, including projects that are operating, planned and under construction. Planned investment in clean power projects is estimated to reach $377 billion through 2031. An additional 222 GW of clean power projects remain planned or under construction nationwide, with solar and battery storage accounting for 85 per cent of that pipeline. Texas continues to lead the nation in clean power development, with nearly twice as many announced clean power projects as California.
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The brief reviews Vietnam’s existing EV policies, including fiscal incentives, supply-side regulations, and supplementary policies supporting EV infrastructure and access, alongside current EV market conditions for passenger cars, two-wheelers, and heavy-duty vehicles. The brief highlights sales volumes grew from 162,000 vehicles in 2019 to 288,000 in 2021 but have since plateaued at approximately 9 percent market share, highlighting the need for supporting policies to drive wider adoption. It also recommends developing a clear, science-based definition of green energy, quick implementation of mandatory fuel consumption standards for passenger vehicles and two-wheelers, enforcing EV production and sales mandates, providing financial and non-financial incentives to stimulate EV adoption.
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Luxembourg’s climate and energy goals are aligned with the EU targets for a 55% reduction in greenhouse gas emissions by 2030 and a 90% reduction by 2040, and it has legally enshrined net zero emissions by 2050. Despite rapid population and economic growth, energy-related emissions have already fallen by 40% since 2005, reflecting the success of early measures. Public support for climate action is also robust, providing a strong foundation for the next phase of the transition. To meet its targets, however, Luxembourg will need to implement more ambitious decarbonisation policies while carefully managing energy security and affordability considerations.
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Plenitude has completed and fully commissioned the 330 MW Renopool solar project in Extremadura, Spain, following the start of operations at the second 200 MW block of the facility. The project comprises a 130 MW northern plant and a 200 MW southern plant. Furthermore, the project features approximately 565,000 bifacial modules. Once fully operational, the project is expected to generate around 670 GWh of electricity annually.
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H-Power has secured a contract to supply 5,000 kg of fuel cell-grade green hydrogen to Protium in UK. The sale follows regulatory approval from the Environment Agency allowing H-Power to supply hydrogen from the facility to third-party customers until August 2026. The hydrogen, produced from bio-ammonia, meets ISO 14687 Grade D standards with 99.97 percent purity, making it suitable for PEM fuel cell applications.
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Meta Platforms and CleanMax Enviro Energy Solutions Limited have joined forces for around 900 MW of renewable energy capacity in India. As part of the collaboration, the two companies will support the development of 837 MW of new solar and wind power projects in Rajasthan and Karnataka, India. CleanMax will develop and operate the new renewable energy projects, while Meta will purchase 100 per cent of the environmental attributes generated by them.
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MN8 Energy has commissioned two utility-scale solar projects totaling 260 MWac of capacity. These projects have long-term power purchase agreements (PPAs) with Microsoft. The projects include the 120 MW Long Point solar project in Texas and the 140 MW American Beech project in North Carolina. The Long Point project supplies renewable power to ERCOT’s Houston load zone, while American Beech supplies renewable power into the PJM market.
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Grenergy has inaugurated the 3.5 GWh Elena battery energy storage system (BESS) project in Chile. The project currently includes 624 battery containers and 6,240 batteries, with plans to expand capacity to 7 GWh by 2028. The project forms part of the Oasis de Atacama platform, which combines 2.5 GW of solar capacity with 14.1 GWh of storage. Across the OASIS platforms, the company’s pipeline totals 5 GW of solar and 22 GWh of storage.
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