Author: Khushboo Goyal

Leader Energy begins construction of 400 MWh BESS in Malaysia

Leader Energy begins construction of 400 MWh BESS in Malaysia

October 14, 2026 | , ,

Malaysia-based Leader Energy Group Berhad has commenced construction of a 100 MW/400 MWh battery energy storage system (BESS) in Pajam, Negeri Sembilan, with commissioning scheduled for 2027. The project is being developed under Malaysia’s Battery Energy Storage System bidding programme (MyBeST). Administered by Malaysia’s Energy Commission, MyBeST comprises four grid-connected BESS projects, each with 100 MW of power capacity and 400 MWh of storage capacity.

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New York announces $200 million for 565 MW solar projects

New York announces $200 million for 565 MW solar projects

October 14, 2026 | , ,

The New York State Energy Research and Development Authority (NYSERDA) has announced a framework to deploy $200 million through the state’s Sustainable Future Program to expand access to affordable solar energy. The funding will be administered through the NY-Sun Program, with incentives disbursed after project completion. It is expected to support the deployment of approximately 565 MW of solar capacity.

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The shift to clean energy is now irreversible: United Nations’ Simon Steill

The shift to clean energy is now irreversible: United Nations’ Simon Steill

October 13, 2026 |

The Action Agenda is a vital part of the work ahead. It’s where business, investors, governments, cities and regions, and many more, come together to deliver real economy actions. In other words, it’s the fast lane to more implementation. Key to helping countries to put their national climate plans into practice. And there is value in strengthening it within the international process, to complement negotiations, which will remain front and centre. Getting almost 200 countries to agree on every word is incredibly hard but incredibly important. No single COP can fix this global crisis, but each takes meaningful steps forward.

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Ørsted to acquire 172 MW offshore wind farm in UK

Ørsted to acquire 172 MW offshore wind farm in UK

October 13, 2026 | , ,

Ørsted has exercised its buyback right to acquire the remaining 49.9 per cent stake in the 172 MW Gunfleet Sands 1 & 2 offshore wind farm in the UK for approximately £15 million. Ørsted currently owns 50.1 per cent of the project. The transaction is expected to be completed in November. The project is located 7 km off the Essex coast in the UK and has been operational since 2010.

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Hydropulse signs agreement for 150 MW green hydrogen project

Hydropulse signs agreement for 150 MW green hydrogen project

October 13, 2026 | , ,

ITM Power’s subsidiary, Hydropulse, has signed heads of terms with a European oil refinery for a 150 MW green hydrogen project. The project will use ITM Power’s Alpha electrolyser platform to produce green hydrogen at the refinery under a 10-year agreement. The two parties are already carrying out a joint front-end engineering design study. he project is targeting a final investment decision in 2027, with hydrogen production expected to begin in 2029.

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Arevon signs REC contracts for 200 MW solar project in Illinois

Arevon signs REC contracts for 200 MW solar project in Illinois

October 13, 2026 | , ,

Arevon Energy has signed three 20-year indexed renewable energy credit (REC) contracts with Ameren Illinois, Commonwealth Edison Company, and MidAmerican Energy Company for its 200 MWac/275 MWdc Panther Energy Project in Perry County, Illinois. The project is expected to begin construction in 2027 and be completed in 2028. The contracts follow Panther Energy’s selection in the Illinois Power Agency’s Summer 2026 Indexed REC procurement, which the Illinois Commerce Commission approved.

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TotalEnergies and KKR to add 700 MW renewables in US

TotalEnergies and KKR to add 700 MW renewables in US

October 12, 2026 | , ,

TotalEnergies and KKR have signed an agreement to add a 700 MW portfolio of renewable energy assets to their existing 50:50 joint venture (JV) in the US, which currently holds 1.4 GW of capacity. The portfolio includes three utility-scale solar projects located in Texas and Ohio, which are expected to begin commercial operations by the first quarter of 2027. Furthermore, the electricity generated by these projects has already been sold to third parties or will be marketed by TotalEnergies.

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Metacon secures EU funding for hydrogen project

Metacon secures EU funding for hydrogen project

October 12, 2026 | , ,

Metacon’s fully owned Greek subsidiary, Metacon SA, has received EU funding for its participation in the PUREHY2+ project. The project aims to develop an integrated system that will allow biogas producers to produce high-purity hydrogen while capturing carbon dioxide on site. The total project budget is €1.63 million, and it will run for 36 months. Metacon’s share of the budget is €235,022, of which €188,018, or 80 per cent, is covered by EU funding.

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Eskom launches 6 GW renewables tender

Eskom launches 6 GW renewables tender

October 12, 2026 | ,

Eskom Holdings has launched a request-for-qualification process (RFQ) to select renewable energy partners for its Eskom Green phase 1 programme. The programme will cover up to 6 GW of utility-scale renewable energy and energy storage projects, including solar photovoltaic (PV), battery energy storage systems (BESS), wind and other renewable technologies.

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Western US Electricity Markets and Affordable Power

Western US Electricity Markets and Affordable Power

October 12, 2026 |

The western U.S. grid is entering a historic period of transformation. Today, moving low-cost power across the region is often complicated by a maze of separate trading agreements among grid managers, known as balancing authorities (BA). New day-ahead markets are designed to change that by making it easier to share power across BAs, helping reduce electricity costs, strengthen grid reliability, and accelerate clean energy deployment across the West. However, the success of these benefits depends on the rules that govern how day-ahead markets operate and coordinate with one another. 

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SEA’s Energy Transition, Investments and Infrastructure Imperative

SEA’s Energy Transition, Investments and Infrastructure Imperative

October 12, 2026 | ,

Southeast Asia is entering a decisive phase in its economic and energy development. Rapid industrialisation, urbanisation, rising incomes and the expansion of manufacturing and services are driving strong growth in energy demand, while the region’s increasing integration into global supply chains is creating new requirements for reliable and affordable power. At the same time, recent geopolitical disruptions have exposed the vulnerabilities of an energy system that remains heavily dependent on imported fossil fuels. The region must expand its energy system at scale while simultaneously making it more secure and diversified, and also reducing the sector’s carbon emissions.

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EU Priorities for COP31

EU Priorities for COP31

October 12, 2026 | ,

COP31 must be a COP of implementation. The EU should use its political and economic weight to help translate the outcomes of the first Global Stocktake into concrete action: a just transition away from fossil fuels, scaled-up and accessible climate finance, strengthened adaptation and loss and damage support, and an accountable implementation framework grounded in equity, CBDR-RC, science, justice and human rights. This requires coherence between the EU’s domestic policies, its international climate diplomacy and its approach to finance, trade and economic governance.

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Asia’s Energy Security & RE Ambitions: E3G Webinar

Asia’s Energy Security & RE Ambitions: E3G Webinar

October 9, 2026 |

In this webinar titled “Toward the next phase of AZEC – Aligning energy security and clean energy ambitions”, experts from E3G, Climate Integrate, the Foreign Policy Community of Indonesia (FPCI) and the Institute for Climate and Sustainable Cities (ICSC) explore the future of the Asia Zero Emission Community (AZEC) as it enters its next phase. Ahead of the fourth AZEC Ministerial meeting in the Philippines, the discussion considers how AZEC’s direction aligns with Southeast Asia’s evolving energy security priorities and clean energy ambitions.

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Generate Capital and KeyState close community solar fund

Generate Capital and KeyState close community solar fund

October 9, 2026 | , ,

Generate Capital has closed a $154.5 million tax equity fund with SOLCAP, KeyState’s tax equity investment platform, to finance 10 community solar projects across New York and Illinois, with a combined capacity of 43 MWac. This marks the sixth tax equity fund by Generate Capital and KeyState. The latest fund follows an $85 million community solar tax equity fund announced in October 2025, which is nearing final funding.

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Grenergy secures $457 million for solar and storage projects in Chile

Grenergy secures $457 million for solar and storage projects in Chile

October 9, 2026 | , , ,

Grenergy has secured $457 million in non-recourse senior financing for a portfolio of projects in Chile with a total solar capacity of 446 MW and energy storage capacity of 1.8 GWh. The financing covers Algarrobal, the fifth phase of the Oasis de Atacama project, which has 242 MW of solar capacity and 1,480 MWh of energy storage, and the Palmas cluster, comprising 21 distributed generation solar projects with a combined capacity of 204 MW and 289 MWh of storage.

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Making California’s Electricity Cheaper: Report

Making California’s Electricity Cheaper: Report

October 9, 2026 | , ,

Affordability is at the heart of almost every policy conversation across the nation, and California is facing a particularly acute energy affordability crisis — the state’s electricity rates are now the second highest in the nation and double the country’s average. Between 2000 and 2024, California’s electricity rates rose faster than inflation and became the highest in the contiguous United States, more than 50% higher than the US average. These prices are untenable, straining household budgets, and threatening the state’s electrification path to a climate-neutral economy. More than 80% of Californians rank lowering bills as a top or important priority for state leaders, and the state’s elected officials have a duty to address these intertwined problems for their constituents.

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EU Mid-Year Solar Market Update: Report

EU Mid-Year Solar Market Update: Report

October 9, 2026 | , , ,

The report highlights that, the first half of 2026 has shown a more resilient EU solar market than anticipated, but not an improvement in its underlying fundamentals. The renewed fossil fuel crisis has strengthened the economic and energy-security case for solar and supported demand in several markets, helping compensate for weakening support schemes and continued regulatory and grid constraints. Against this backdrop, preliminary country data indicate that the EU solar market grew slightly in H1. At the same time, the EU’s solar fleet once again demonstrated its strategic value, shielding consumers and businesses from fossil fuel price spikes and supporting Europe’s power system during a summer.

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Financing ASEAN’s Energy Transition: Report

Financing ASEAN’s Energy Transition: Report

October 9, 2026 | , ,

ASEAN has seen some success in getting capital to flow to utility-scale renewable energy projects. But that success does not extend downwards or outwards. Returns fall away sharply as project sizes shrink, storage sits at less than a third of the pipeline the region needs by 2030, and transmission earns single-digit returns that keep private capital away. Market design, more than capital or technology, is now the constraint for financing the region’s energy transition. This analysis finds that what complicates matters more is that ASEAN’s next phase of energy transition will move beyond utility-scale generation projects towards thousands of smaller distributed systems rather than a handful of large plants, on storage to absorb variable output, and on transmission to move power to where it is needed.

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Enery and Coca-Cola sign hybrid PPA in Bulgaria

Enery and Coca-Cola sign hybrid PPA in Bulgaria

October 8, 2026 | , , ,

Enery and Coca-Cola HBC Bulgaria EAD have signed a long-term physical power purchase agreement (PPA) for the supply of renewable electricity from the Knizhovnik hybrid power plant in southern Bulgaria. Under the agreement, Enery will supply clean electricity generated locally from renewable sources to Coca-Cola HBC Bulgaria every year, based on a fixed solar generation profile.

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