Author: Khushboo Goyal

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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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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Foresight reaches financial close for Kondinin wind farm in Australia

Foresight reaches financial close for Kondinin wind farm in Australia

September 30, 2026 | , ,

Foresight has reached financial close for the 130 MW first stage of the Kondinin wind farm in Western Australia’s Wheatbelt, securing A$430 million in debt financing. The financing has been provided by Australia and New Zealand Banking Group, Commonwealth Bank of Australia, Deutsche Bank, HSBC and Westpac. The financial close will allow construction of stage 1 to begin.

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NYPA and EDF announce partnership for 240 MW solar project 

NYPA and EDF announce partnership for 240 MW solar project 

September 30, 2026 | , ,

EDF Power Solutions North America and the New York Power Authority (NYPA) have announced a partnership for the development of the 240 MW Rich Road solar project in Canton, St. Lawrence County, New York. Under the partnership, NYPA, through its wholly owned subsidiary New York Renewable Energy Development Holdings Corporation, will hold a 51 per cent majority stake in the project, while EDF Power Solutions will remain a minority owner.

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Rezolv Energy secures €561 million for 1.3 GWp solar project in Romania 

Rezolv Energy secures €561 million for 1.3 GWp solar project in Romania 

September 30, 2026 | , ,

Rezolv Energy, through its project subsidiary West Power Investments, has signed up for a €561 million project financing package for the 1.3 GWp Dama Solar project in Arad County, western Romania. It is expected to generate around 1,800 GWh of renewable electricity annually. The project is scheduled to begin commercial operations in 2028. The project is supported by two contracts for difference (CfDs) awarded in Romania’s second CfD auction, covering 520 MW of the project’s capacity, along with a corporate Power Purchase Agreement (PPA).

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Exus acquires 715 MW solar projects in US

Exus acquires 715 MW solar projects in US

September 29, 2026 | , ,

Exus Renewables North America has acquired four utility-scale solar projects in Louisiana and Wisconsin from ibV Energy Partners. The projects have a combined capacity of 715 MW and include the 310 MW Maple Grove Solar 1 and 2 projects in Wisconsin, and the 125 MW Bayou Teche and 280 MW Bayou Chicot projects in Louisiana. Exus will develop, construct and operate the projects, which are expected to approximately double its renewable energy portfolio.

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Germany awards 480 MW clean energy projects

Germany awards 480 MW clean energy projects

September 29, 2026 | , , ,

Germany’s Federal Network Agency has announced results of its September 2026 innovation and biomethane auction. The innovation auction for solar photovoltaic combined with energy storage was significantly oversubscribed, attracting 53 bids totalling 678 MW against the 475 MW offered. Of these, 32 bids totalling 480 MW were awarded, with prices ranging from 4.50-5.40 ct per kWh and a volume-weighted average of 5.14 ct per kWh.

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Global Impetus: Policies and incentives for scaling up floating solar

Global Impetus: Policies and incentives for scaling up floating solar

September 28, 2026 |

Floating solar photovoltaic (FPV) is gaining attraction globally, as countries seek to expand renewable energy while addressing land constraints and making better use of their waterbodies. The report “Scaling Up Floating Solar Photovoltaic Systems”, by the Department of Hydro and Renewable Energy, IIT Roorkee, in August 2026, reviews policy, regulatory and incentive frameworks for FPV across China, Japan, the Netherlands, the US, Malaysia, Taiwan, Israel, South Korea, the Philippines, Indonesia, Singapore, Türkiye and Italy.

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PAD RES divests 255 MW Polish solar projects

PAD RES divests 255 MW Polish solar projects

September 28, 2026 | , ,

PAD RES Group has completed the sale of operational solar projects to Çalık Renewables in Poland.  The solar projects include the Sztum and Stargard projects, located in the Pomeranian and West Pomeranian regions. The projects have a combined installed capacity of 255 MW and a combined annual generation exceeding 270,000 MWh. Furthermore, the output generated from the project is sufficient to meet the annual electricity demand of more than 90,000 households.

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The Long Game on Energy Affordability in the US

The Long Game on Energy Affordability in the US

September 28, 2026 |

As electricity costs rise and states make important decisions about energy affordability, the most successful approaches protect consumers today while continuing to invest in energy efficiency and clean energy resources that lower bills over time. As the war in Iran drives up energy prices and as heat waves blanket much of the country, Americans’ electricity bills are rising. Energy efficiency improvements are some of the most cost-effective tools available to help make homes more comfortable and lower household energy costs. But while these improvements save households money over time, their upfront costs make them an easy target for policymakers seeking to lower consumers’ energy bills in the short term.

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The energy transition is not far off, it is happening now: Scotland’s Stephen Gethins

The energy transition is not far off, it is happening now: Scotland’s Stephen Gethins

September 28, 2026 |

The message that I have received has been clear – that the energy sector, as a whole, is delivering the transformation we need and that Scotland is well placed with decades of experience, skills, expertise, infrastructure and the other necessary ingredients that place us at a competitive advantage. Now there’s no question that there are significant challenges. However, it has been good to hear about the transformation that is being delivered now and hearing the message that Scotland is a good place to invest and a good place to do business.

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Arcadia and Uniper sign eSAF offtake deal 

Arcadia and Uniper sign eSAF offtake deal 

September 25, 2026 | , ,

Uniper and Arcadia eFuels have signed a binding agreement for the offtake of 40,000 tonnes of eSAF annually from Arcadia’s Project Endor in Denmark. The project, located in Vordingborg, is expected to begin supplying the fuel from the early 2030s, subject to agreed conditions and commercial operations. Arcadia’s eSAF will be produced using renewable electricity, green hydrogen and captured carbon dioxide, delivering up to 98 per cent lower lifecycle greenhouse gas emissions compared with conventional jet fuel and is also compatible with the EU ReFuelEU Aviation framework.

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Constellation and Toyota sign solar PPA in Texas

Constellation and Toyota sign solar PPA in Texas

September 25, 2026 | , ,

Constellation and Toyota Motor North America have signed a 15-year renewable energy agreement to support new solar generation in US. Under the agreement, Constellation will purchase power from the 203.97 MW Milano solar project located in Milam County, Texas. The agreement covers more than 115 MW of solar capacity, representing approximately 246,000 MWh of annual generation.

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ERG and Glencore sign 164 GWh wind PPA in Poland

ERG and Glencore sign 164 GWh wind PPA in Poland

September 25, 2026 | , ,

ERG has signed a five-year power purchase agreement (PPA) with Glencore Energy Europe B.V. for electricity generated from three wind farms in Poland. The agreement will commence on January 1, 2027 and will cover 164 GWh of renewable electricity annually. The agreement includes power from the Radziejów, Słupia and Szydłowo wind farms, accounting for approximately 70 per cent of their expected output.

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New York awards 1.7 GW clean energy projects 

New York awards 1.7 GW clean energy projects 

September 24, 2026 | , , , , ,

New York State Energy Research and Development Authority (NYSERDA) has awarded contracts to eight battery storage projects and 13 large-scale renewable energy projects. Together, these projects represent 1.7 GW of new capacity and over $3.7 billion in private investment. BESS projects will add 950 MW of capacity, with durations ranging from four to eight hours while the 13 renewable energy projects will add over 719 MW of capacity and comprise solar, onshore wind, and hydropower. The projects are expected to be operational by the end of 2030.

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ESR to acquire Aquila Clean Energy APAC 

ESR to acquire Aquila Clean Energy APAC 

September 24, 2026 | , , , , ,

ESR has signed an agreement to acquire 100 per cent of Aquila Clean Energy APAC from Aquila Group. Aquila Clean Energy APAC develops, owns and operates solar, battery storage and wind projects across Asia-Pacific. The platform has a 1.6 GW portfolio of operational, under-construction and advanced-development assets across Australia, New Zealand, South Korea, Japan and Taiwan.

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