Month: October 2026

Philippines’ Grid Expansion: NGCP’s TDP 2026-50 targets a fully unified national grid

Philippines’ Grid Expansion: NGCP’s TDP 2026-50 targets a fully unified national grid

October 1, 2026 | ,

The Philippines, an archipelago of more than 7,600 islands across rugged and mountainous terrain, remains one of the Association of Southeast Asian Nations’ (ASEAN) fastest-growing economies. The Department of Energy (DOE) is targeting a renewable energy share of 35 per cent by 2030 and 50 per cent by 2040, up from about 25 per cent today, while system peak demand (SPD) is projected to more than quadruple from 20 GW in 2026 to over 80 GW by 2050. This expansion is being driven by a strengthening economy, a rising population, urbanisation, increasing electrification and a growing digital economy, including data centres.

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Atmos Renewables reaches financial closure for 870 MW wind and BESS projects in Australia 

Atmos Renewables reaches financial closure for 870 MW wind and BESS projects in Australia 

October 1, 2026 | , , ,

Atmos Renewables, the Australian renewables business of Igneo Infrastructure Partners, has reached financial closure on two projects supported by the Australian Government’s Capacity Investment Scheme (CIS). The projects are the 400 MW/1,600 MWh Teebar battery energy storage system (BESS) project in Queensland and the 470 MW Parron Maam Marang wind farm in Western Australia.

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Alight acquires 2 GW solar and storage pipeline from Soltech in Sweden

Alight acquires 2 GW solar and storage pipeline from Soltech in Sweden

October 1, 2026 | , , ,

Alight has acquired a portfolio of 40 large-scale solar projects in southern Sweden from Soltech Energy Solutions. The acquired portfolio has a cumulative planned solar capacity of around 2 GW. Most of the projects also have options for co-located battery storage. The projects are located across Sweden’s SE3 and SE4 electricity price areas. The transaction has been completed following approval from the Inspectorate of Strategic Products.

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Enel acquires 270 MW solar portfolio in the US

Enel acquires 270 MW solar portfolio in the US

October 1, 2026 | , ,

Enel, through its wholly-owned subsidiary Enel Green Power North America, has completed the acquisition of 7 operational solar plants in the US from an unnamed utility. The plants have a combined installed capacity of approximately 270 MW, and are expected to generate around 0.4 TWh of electricity annually. The acquisition was completed for approximately $140 million.

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Climate Finance in Latin America and the Caribbean: Report

Climate Finance in Latin America and the Caribbean: Report

October 1, 2026 | , ,

Latin America and the Caribbean (LAC) has significant climate investment opportunities and some relatively mature markets, but climate finance remains far below needs and highly uneven across countries, sectors, and climate objectives. Brazil, Mexico, and several larger South American economies have deeper capital markets and larger project pipelines than other countries in the region, along with significant opportunities in renewable energy, industry, and land use. By contrast, other Caribbean, Central and South American countries face smaller markets, high exposure to climate shocks, greater dependence on imported fuels and more constrained fiscal space.

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Estonia’s Energy Transition: Paper

Estonia’s Energy Transition: Paper

October 1, 2026 | , ,

Estonia’s energy transition, driven by the rapid decline of oil shale generation, faces a trilemma between security, affordability, and decarbonization. Using a structural general-equilibrium framework, this paper evaluates the macroeconomic effects of Estonia’s new energy plan, combined with deeper European electricity market integration, EU mitigation policies, the impact of AI-related datacenters and broader electrification pressures. Results show that expanding domestic supply and market integration lowers long-term prices by one-third, increases GDP, reduces import dependence, and supports emissions reduction.

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Carbon Recycling Opportunities in ASEAN: Report

Carbon Recycling Opportunities in ASEAN: Report

October 1, 2026 | , ,

The report “Exploring Carbon Recycling Opportunities in ASEAN” is a collaborative study organised by the Asia Carbon Capture, Utilisation, and Storage (CCUS) Network of the Economic Research Institute for ASEAN and East Asia to support acceleration of decarbonisation in Asia. To achieve decarbonisation and NZE, there is no single solution that fits for all countries in the region. Natural resource endowments, technical capacities, available funding, and other resources may lead to different pathways in meeting NZE. The objective of this study is to include research institutions from various countries and expose them to potential carbon recycling issues and inclusively provide their thoughts on how to harness the opportunity.

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