The European Commission (EC) has approved a €6 billion Italian scheme to support renewable hydrogen production for transport and industry. The hydrogen can be produced both from renewable electricity through electrolysis and from biogenic sources through biological, bio-thermochemical or thermochemical processes. The aid will be provided through two-way contracts for difference.
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Topsoe has entered into a front-end engineering and design agreement with Hynfra to develop a green ammonia project in the port of Aqaba, Jordan. Under the agreement, the facility will use Topsoe’s ModuLite™ platform to convert green hydrogen into ammonia. The project is a joint venture between Hynfra and Fidelity Group. It is expected to reach a final investment decision by 2027, and is expected to commence operations in 2030.
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International Finance Corporation (IFC) has announced plans to finance OCI Terra Sus Sdn. Bhd.’s manufacturing plant in Malaysia. Under the arrangement, IFC will finance the facility through a loan of approximately $125 million. The manufacturing facility will be powered by clean and renewable energy and will produce raw materials for silicon wafers and semiconductor chips.
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Ecoener has secured two 15-year power purchase agreements (PPAs) in Guatemala. These agreements pertain to the development of the 140 MWp Cocales and 60 MWp La Hulera solar plants, with both the projects expected to begin commercial operations in 2028. The Cocales project will comprise a 20 MW/80 MWh battery energy storage system (BESS), whereas the La Hulera project will include a 10 MW/40 MWh BESS.
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Samsung C&T’s Engineering & Construction (E&C) Group has completed an off-grid green hydrogen production facility in Gimcheon, South Korea. The plant generates green hydrogen using entirely renewable energy sourced from an 8.3 MW solar power installation. With a 10 MW water electrolysis system, the facility is capable of producing around 0.6 tonnes of green hydrogen per day, translating to over 230 tonnes annually.
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Etem Gestamp and Rezolv Energy have entered into a 10-year cross border virtual power purchase agreement (VPPA) in Bulgaria. Under this arrangement, Etem Gestamp will procure electricity from Rezolv Energy’s 461 MW VIFOR wind farm, located in Buzău County, Romania, which is nearing commissioning. The agreement represents Rezolv Energy’s seventh PPA across Romania and Bulgaria.
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The UK government has introduced rules to step up the drive for clean homegrown power to get the country off dependency on fossil fuel markets in response to the Iran war. The rules aim to ensure the majority of new homes in England will come with solar panels fitted as standard. The move will enable households to save money on bills through plug-in solar panels as the government vows to go further and faster on clean energy in response to conflict in the Middle East. The current conflict is a reminder for the country to end dependence on fossil fuel markets and accelerate the drive for clean, homegrown power, as well as new renewables and nuclear.
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Southeast Asia stands at a pivotal moment in its energy investment trajectory. Long characterised by rapid economic growth underpinned by fossil fuels, the region is now entering a decisive phase of transition as clean energy investment rises to meet expanding demand, climate commitments and energy security concerns. According to the World Energy Investment 2025 report, Southeast Asia’s energy sector reflects both the opportunities and structural challenges facing emerging economies attempting to balance development priorities with decarbonisation goals.
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On March 16, 2026, Brazil’s Federal Government launched the new National Climate Change Plan, a central instrument of the National Policy on Climate Change (PNMC), establishing guidelines and targets to steer greenhouse gas emissions mitigation and climate adaptation efforts in Brazil over the next decade. The Climate Plan consolidates Brazil’s strategy to implement its Nationally Determined Contribution, which provides for a reduction in net emissions of between 59% and 67% by 2035 (compared to 2005 levels), as well as the achievement of climate neutrality by 2050.
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South Africa’s power sector reforms have taken a new turn and are back in the spotlight. The country’s electricity minister, in December 2025, approved the state-owned utility Eskom’s revised unbundling strategy. Under the structure, a new holding company will be established with four subsidiaries – National Electricity Distribution Company of South Africa to strengthen distribution networks; GenerationCo to hold legacy generation assets; Eskom Green – a new subsidiary to house Eskom’s renewable energy business; and the National Transmission Company of South Africa SOC Limited.
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Linea Energy has secured project financing for its Watertown solar project, a 172 MWdc utility-scale facility located in Sanilac County, Michigan. The financing package comprises a construction-to-term loan, a tax equity bridge loan and a letter of credit facility. It is led by Santander Corporate & Investment Banking, with participation from Société Générale, Norddeutsche Landesbank Girozentrale and Truist Bank.
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Rays Power Infra Limited will develop a 200 MW round-the-clock (RTC) renewable energy project for Indian Railways. The project has been awarded to its subsidiary Bhalki Solar Power, and involves supplying continuous renewable power to Railways Energy Management Corporation Limited. The project is targeted for commissioning by June 2028. The project will be supported by over 1,000 MWh of battery energy storage systems.
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Axpo and McDonald’s have entered into a ten-year power purchase agreement (PPA) for the supply of up to 83 GWh of solar energy annually. The electricity will be sourced from Axpo’s newly developed solar complex located in the municipalities of Villadangos del Páramo and Cimanes del Tejar, in the northwestern province of León. It is a 200 MWp facility consisting of four photovoltaic plants, each with a capacity of 50 MWp.
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Energy storage is rapidly becoming one of the most powerful engines of American industrial growth. Across battery systems, cells, and critical minerals, energy storage is rapidly building a full-stack, end-to-end American supply chain. This momentum follows the industry’s 2025 commitment to invest $100 billion in American manufacturing and minerals production, which ultimately is expected to generate over 350,000 new jobs. Energy storage now represents one of the fastest-growing advanced manufacturing sectors in the US economy.
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The first ten days following the escalation of the conflict in the Middle East have been a painful reminder of the EU’s fossil reliance. The rise in fossil prices increased the EU’s fossil import bill, which could have a knock-on effect on electricity prices. The cost of gas-fired power across Europe has increased by more than 50% due to the gas price spike since February 28. The EU paid an additional €2.5bn for fossil fuel imports in the first 10 days of the conflict.
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The 2025 Transmission Planning and Development Report Card released by Americans for a Clean Energy Grid (ACEG) provides an updated assessment of US transmission planning and development across ten regions. The report shows incremental improvement in transmission planning across most of the regions, driven largely by reforms to regional planning. However, many regions continue to fall well short of best practices, and progress remains uneven relative to the scale and urgency of today’s transmission needs.
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The report details demand-side options open to households, businesses and governments to shelter themselves from today’s oil shock and relieve the strains on affordability, based on the agency’s energy security expertise as well on specific country examples. Governments can take the lead, both by setting an example and by facilitating these actions, but many can be adopted by individuals and businesses directly. Most of these options relate to consumption of road transport fuels, but they also cover fuel use for air transport, cooking and industry.
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TotalEnergies has entered into settlement agreements with the US Department of the Interior to relinquish its Carolina Long Bay lease and New York Bight lease, both awarded in 2022, along with its partners. As a result, the company will discontinue the development of offshore wind projects in US. Additionally, under the terms of the agreement, TotalEnergies will recover the lease fees previously paid.
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Vestas Wind Systems A/S has outlined plans to establish a nacelle and hub manufacturing facility in Scotland, UK. The proposed investment exceeds €250 million and is aimed at supporting rising offshore wind demand across the UK and Europe. The facility is expected to manufacture nacelles and hubs for the V236-15.0 MW offshore wind turbine platform. Additionally, Vestas will assess opportunities to co-locate key component suppliers alongside the facility.
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PowerX has announced plans to establish a manufacturing facility, Power Base Hokkaido, in Hokkaido, Japan to expand production of grid-scale battery energy storage systems (BESS). The facility will manufacture the Mega Power 2500, a containerised large-scale BESS, with an annual production capacity of 800 units, equivalent to around 2 GWh. The company has finalised agreements for acquiring the land and building for the project.
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