Author: Khushboo Goyal

Decarbonising US Power Sector: Report

Decarbonising US Power Sector: Report

July 22, 2026 | , ,

The report assesses how much the current policy environment preserves the benefits of the prior policy environment, situates those modeled results within the real-world forces shaping delivery, and draws out what the findings imply for future policy priorities and public spending. The report further uses Energy Innovation’s Energy Policy Simulator to compare two modeled scenarios of the US power sector: a current scenario defined by the OBBBA without the Biden-era Environmental Protection Agency regulations and a prior trajectory defined by the IRA with those regulations intact. The analysis focuses on the 2025-2035 window, when the gap between the scenarios grows fastest and today’s policy decisions can most directly shape the outcome. 

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Yanara secures €150 million to develop 2 GW renewables in Australia

Yanara secures €150 million to develop 2 GW renewables in Australia

July 21, 2026 | , , , ,

Yanara has secured a €150 million investment from Mirova to accelerate the development of its utility-scale renewable energy portfolio in Australia. The funding will support more than 2 GW of solar, wind and battery energy storage system (BESS) projects across Victoria, New South Wales and Western Australia. A significant share of this investment will be directed to the Yanara’s Mortlake Energy hub in Victoria. 

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Spearmint Energy secures approval for 600 MWh Minnesota BESS

Spearmint Energy secures approval for 600 MWh Minnesota BESS

July 21, 2026 | , ,

Spearmint Energy has received approval from the Minnesota Public Utilities Commission (PUC) for the Midwater energy storage project. The project includes a 150 MW/600 MWh standalone battery energy storage system (BESS) located in Freeborn County, Minnesota. The project will be built on 10-20 acres of land adjacent to the Glenworth Substation. The Midwater BESS project is Spearmint’s second BESS project to secure state permitting in Minnesota, following the approved Snowshoe Energy Storage Project in Olmsted County.

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IESO’s Planning Outlook: New loads trigger transmission needs across Ontario

IESO’s Planning Outlook: New loads trigger transmission needs across Ontario

July 20, 2026 |

The Independent Electricity System Operator’s (IESO) 2026 Annual Planning Outlook (APO), released in March 2026, identifies system needs from 2027 to 2050 and outlines the actions needed to meet them. This annual planning exercise draws on market intelligence, forecast data, models and studies, and includes a long-term projection of Ontario’s electricity needs. For the first time, the IESO has introduced three demand scenarios – Reference, High, and Low – alongside a new “growth margin” concept that distinguishes uncertain and variable sources of demand growth from stable baseline demand.

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Digital Upgrade: Growing role of automation in enhancing renewable power operations

Digital Upgrade: Growing role of automation in enhancing renewable power operations

July 20, 2026 |

With renewable energy capacity expanding rapidly, power plants are increasingly using automation and digital tools to handle more complex operations and improve efficiency. Automation in the sector has progressed steadily, moving from basic mechanisation to advanced systems such as programmable logic controllers and supervisory control and data acquisition (SCADA) platforms. At present, technologies such as artificial intelligence (AI), drones, robotics and internet of things (IoT) are enabling real-time monitoring, predictive maintenance and better forecasting of power generation. Automated systems also allow operators to centrally monitor and remotely manage renewable assets across multiple locations, helping reduce downtime, lower losses and improve overall plant performance.

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Green Hydrogen Economics: Cost and financing considerations

Green Hydrogen Economics: Cost and financing considerations

July 20, 2026 |

Green hydrogen has rapidly moved from being a long-term decarbonisation concept to an emerging industrial and energy transition priority. Backed by policy support, growing institutional interest and ambitious project announcements, the sector has witnessed significant momentum over the past few years. However, despite this progress, the industry remains at a formative stage, with commercial viability continuing to depend on how effectively challenges related to production costs, financing, infrastructure and demand creation are addressed. Several aspects of the value chain are evolving simultaneously, but not always at the same pace, making the economics of green hydrogen central to the sector’s growth trajectory.

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Eurowind Energy Romania commences construction of 138 MW wind projects 

Eurowind Energy Romania commences construction of 138 MW wind projects 

July 20, 2026 | , ,

Eurowind Energy Romania has commenced construction of three wind power projects, following the receipt of setting-up authorisations from the National Energy Regulatory Authority (ANRE). Together, the projects will add 138 MW of renewable energy capacity to the grid. The projects will use 23 Vestas V162-6.2 MW turbines. The projects will also benefit from a 20-year long-term service and maintenance agreement with Vestas.

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AfDB finances 300 MW wind project in Ethiopia

AfDB finances 300 MW wind project in Ethiopia

July 20, 2026 | , ,

The African Development Bank (AfDB) Group has approved a financing package of up to $110 million for the Aysha wind project in Ethiopia. The financing comprises $80 million from the ADB window, $20 million from the Clean Technology Fund, and $10 million from the Sustainable Energy Fund for Africa. An additional $381.1 million in debt will be provided from other development finance institutions for the project.

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Fidra Energy achieves financial close on 1.1 GWh UK BESS project

Fidra Energy achieves financial close on 1.1 GWh UK BESS project

July 20, 2026 | , ,

Fidra Energy has reached financial close on its 500 MW/1.1 GWh West Burton C battery energy storage system (BESS) project located in Nottinghamshire, UK. The project received financing of around £231 million in loan facilities from a consortium of international lenders. The loan facilities consists of a term loan and ancillary facilities. Project construction is expected to commence later in 2026, with commercial operations expected in 2028. 

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Avantus signs PPA for solar-plus-BESS project in California

Avantus signs PPA for solar-plus-BESS project in California

July 17, 2026 | , , ,

Avantus has signed a 20-year power purchase agreement (PPA) with Clean Power Alliance (CPA) for the Rexford 2 solar and battery energy storage system (BESS) project. The project is located in Tulare County, California. It will combine 200 MWac of solar generation with 200 MW/800 MWh of battery energy storage. Additionally, it will supply enough clean electricity to power around 84,000 homes.

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GIP acquires majority stake in Summit Ridge Energy 

GIP acquires majority stake in Summit Ridge Energy 

July 17, 2026 | ,

Global Infrastructure Partners (GIP), part of BlackRock, has agreed to acquire a majority and controlling stake in Summit Ridge Energy in US. Summit Ridge Energy, founded in 2017, develops, owns, and operates solar and energy storage projects across the Midwest, Mid-Atlantic, and New England.The transaction remains subject to customary regulatory approvals and closing conditions.

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Carbon Pricing in the Philippines: Paper 

Carbon Pricing in the Philippines: Paper 

July 17, 2026 | , ,

The paper reviews the experiences of other governments and applies its own analysis of proposed carbon pricing and carbon market legislation filed in the Philippine House of Representatives under the 20th Congress. Specifically, this paper examines the texts of House Bills (HBs) 1817, 2055, 2481, 3685, 3820, 6407, and 6890, drawing on IISD’s technical submissions to the House Committee on Climate Change and a broader review of related bills filed before the House adjourned on 3 June 2026. The analysis considers factors that typically shape whether carbon pricing and carbon market frameworks work well in practice: whether they reduce emissions, encourage cost-effective decarbonization, remain administratively feasible, maintain support from businesses and the wider public, protect market integrity, and contribute to a just transition. 

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Unlocking Circular Economy in Europe: Report 

Unlocking Circular Economy in Europe: Report 

July 17, 2026 | , ,

The circular economy is expected to play a key role in strengthening Europe′s competitiveness while also helping to ensure that its environmental objectives are achieved. Applying circular economy principles could boost EU gross domestic product (GDP) by 0.5% by 2030. At the same time, the European remanufacturing market alone could grow from EUR 31 billion to EUR 100 billion by 2030. The transition is also projected to generate around 700,000 new green jobs, particularly in the repair, remanufacturing and recycling sectors; the Clean Industrial Deal estimates 500,000 new jobs in the remanufacturing sector. The report gives authoritative information on the scale of financing needed for this transition and the necessary conditions for efficient implementation and effective change.

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Impacts of Energy Policy Changes in US: Report

Impacts of Energy Policy Changes in US: Report

July 17, 2026 | , ,

The report examines that the US’ energy policy framework has shifted dramatically during the second Trump administration and 119th Congress. The report uses the Energy Policy Simulator (EPS) to model federal policy decisions made since January 2025 to determine what the near future holds for families and businesses in terms of energy costs, public health, job losses, and grid reliability. The report further analyses effects of policy changes on energy prices, the economy, air pollution, and healthcare spending from 2026 to 2040. The analysis highlights that households will pay an additional $650 billion for energy – an average of $460 per household in 2035 and $490 in 2040, cutting policies that drive innovation and efficiency in the transportation sector will inflate gasoline prices 14 percent in 2035 and 26 percent in 2040.

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PureSky Energy secures refinancing for US community solar portfolio

PureSky Energy secures refinancing for US community solar portfolio

July 16, 2026 | , ,

PureSky Energy has secured $183.7 million in investment-grade refinancing for its operating community solar portfolio in the US. The transaction combines eight debt portfolios into a single financing structure.The portfolio includes 211 MWdc of solar capacity and 58 MWh of battery energy storage system (BESS). The portfolio spans across 43 projects in Massachusetts, New York and Minnesota.

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Sol Systems reaches financial close for 123 MW US solar portfolio 

Sol Systems reaches financial close for 123 MW US solar portfolio 

July 16, 2026 | , ,

Sol Systems has achieved financial close for its 123 MWac Peoria Solar Portfolio located in Illinois, US. The projects represent an investment of $355 million and are being financed through Sol Systems’ revolving construction warehouse facility. The projects will be developed across Knox, Tazewell and Peoria Counties. The projects are expected to become operational in 2027.

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RWE secures approval for 1.1 GW Australian wind farm

RWE secures approval for 1.1 GW Australian wind farm

July 15, 2026 | , ,

RWE has received federal environmental approval for its 1.1 GW Theodore wind farm. The project is located in Central Queensland, Australia. The project secured State Development Approval in June 2025 and was awarded the Capacity Investment Scheme contract under Tender 7 in May 2026. The project, valued at A$3 billion, will comprise up to 170 wind turbines and a battery energy storage system (BESS).

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AfDB backs Egypt’s 500 MW solar plus storage project 

AfDB backs Egypt’s 500 MW solar plus storage project 

July 15, 2026 | , , ,

The African Development Bank Group (AfDB) has approved a financing package for the first phase of the 500 MW Dandara solar project with a 100 MWh battery energy storage system (BESS). The project is located in Qena Governorate, Egypt. The $66 million financing comprises $46 million from the Bank’s ordinary resources and $20 million from the Climate Investment Funds’ Clean Technology Fund, with additional debt expected from development finance institutions.

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MGEN commissions phase 1 of MTerra hybrid project in Philippines

MGEN commissions phase 1 of MTerra hybrid project in Philippines

July 15, 2026 | , , ,

Meralco PowerGen Corporation (MGEN), together with its partners, has inaugurated Phase 1 of the MTerra Solar Project in Nueva Ecija, Philippines. Phase 1 of the project comprises 1,373 MW of solar photovoltaic (PV) capacity and 825 MW/3,300 MWh of battery energy storage system (BESS) capacity. Under Phase 1, more than 2,000 MWdc of solar panels have been installed, while all 741 battery units have been fully energized.

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TotalEnergies divests European distributed solar portfolio 

TotalEnergies divests European distributed solar portfolio 

July 14, 2026 | , ,

TotalEnergies has completed the divestment of its 170 MW distributed solar portfolio, comprising mainly rooftop installations across seven European countries (France, Belgium, the Netherlands, Spain, Portugal, the United Kingdom and Luxembourg). The portfolio has been divested to Amarenco and AMPYR Distributed Energy. The divested assets will continue to be operated by Amarenco and AMPYR Distributed Energy.

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