Author: Khushboo Goyal

JERA Nex bp acquires stake in Mona offshore wind project in UK

JERA Nex bp acquires stake in Mona offshore wind project in UK

January 21, 2026 | , ,

JERA Nex bp has agreed to acquire EnBW’s stake in the Mona offshore wind farm and has entered into a lease agreement with The Crown Estate for the project. This development allows the the project to progress toward the next stages of development. Once operational, the project will have a capacity of 1,500 MW, supplying renewable electricity capacity to the UK grid. The wind farm is moving closer to a final investment decision. 

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Iberdrola secures loan for 274 MW wind projects in Portugal

Iberdrola secures loan for 274 MW wind projects in Portugal

January 20, 2026 | , ,

The European Investment Bank has extended a green loan of about €175 million to Iberdrola to support construction and operation of two new onshore wind farms in northern Portugal. The project covers a combined installed capacity of 274 MW and is designed to be integrated with Iberdrola’s existing Támega pumped storage hydropower complex. The financing is backed by a guarantee from Cesce.

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European Energy and Mitsui secure financing for e-methanol project in Denmark

European Energy and Mitsui secure financing for e-methanol project in Denmark

January 20, 2026 | , ,

European Energy A/S and Mitsui & Co., Ltd. have arranged a green-financing bridge facility for their joint venture developing the Kassø solar park and e-methanol facility in Denmark. The facility has been secured from Nordea and SMBC, with partial risk coverage provided by EIFO. The bridge financing is intended to support near-term liquidity requirements while the project continues to progress towards securing long-term financing. 

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Masdar and Engie secure financial close for Khazna solar project in UAE

Masdar and Engie secure financial close for Khazna solar project in UAE

January 20, 2026 | , ,

Masdar and ENGIE have achieved financial close for the 1.5 GWac Khazna solar project in Abu Dhabi. The financing package has been secured from seven regional and international lenders, including Abu Dhabi Islamic Bank, Crédit Agricole Corporate and Investment Bank, KfW IPEX, BNP Paribas, Hong Kong and Shanghai Banking Corporation, Sumitomo Mitsui Trust Bank, and Emirates Development Bank.

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EC approves German State aid scheme for Canadian hydrogen imports

EC approves German State aid scheme for Canadian hydrogen imports

January 19, 2026 | , , ,

The European Commission (EC) has approved a German state aid scheme worth €200 million to support the production of renewable hydrogen and its derivatives in Canada for supply to Germany and the wider European Union. The scheme targets renewable fuels of non-biological origin (RFNBO) derived from renewable electricity and carbon. These fuels will be imported into Germany and sold across the European Union.

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Masdar and partners secure financial close for Ibri III project in Oman

Masdar and partners secure financial close for Ibri III project in Oman

January 19, 2026 | , ,

Masdar, together with Al Khadra Partners, Korea Midland Power Co. Ltd, and OQ Alternative Energy, has achieved financial close for the Ibri III solar independent power project. Financing has been secured from Natixis Corporate and Investment Banking and First Abu Dhabi Bank, covering a substantial portion of the project’s total cost of around $300 million. The project is being developed for Nama Power and Water Procurement.

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Origis Energy and Meta ink solar PPA in Texas 

Origis Energy and Meta ink solar PPA in Texas 

January 19, 2026 | , ,

Origis Energy and Meta have entered into a long-term power purchase agreement (PPA) for the Greyhound A solar project located in West Odessa, Texas. The project has a capacity of 303 MWdc, equivalent to 240 MWac, and is scheduled to reach commercial operations by mid-2026. Greyhound A forms part of a 1 GW broader energy infrastructure complex with a fully subscribed solar portfolio being developed by Origis Energy in west Texas.

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Yes, Climate Wins Are Still Happening in the US! Let’s Keep It Up in 2026.

Yes, Climate Wins Are Still Happening in the US! Let’s Keep It Up in 2026.

January 19, 2026 |

Climate progress in the United States has hit some roadblocks in 2025, to say the least. In its first year, the second Trump administration got straight to work torpedoing bedrock environmental protections to pad the profits of its allies in the fossil fuel industry. On top of abandoning national leadership on the matter, the administration also pulled the country out of international collaborations. So, after enduring a year of much bad news, it’s important to recharge by taking inspiration from the successes that climate activists did achieve.

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Electric Vehicle Market Trends in Indonesia

Electric Vehicle Market Trends in Indonesia

January 19, 2026 | , ,

Electric vehicle sales in Indonesia have experienced remarkable growth over the past few quarters. From fewer than 150 units sold in 2020, EV sales have surged in recent years, particularly during the first and second quarters (Q1 and Q2) of 2025. Quarterly sales reached approximately 22,000 units in Q2 2025. EV uptake has been concentrated in the passenger car segment; in contrast, light commercial vehicles (LCVs) and heavy-duty vehicles (HDVs) have shown minimal electric model penetration to date.

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Europe Proposes The European Grids Package

Europe Proposes The European Grids Package

January 19, 2026 | ,

The backbone of the European energy system, the grids infrastructure, will be modernised and expanded to unleash its full potential. The European Grids Package and the Energy Highways initiative, proposed, will enable energy to flow efficiently across all Member States, integrating cheaper clean energy and accelerating electrification. This will support affordable living for all Europeans. It will ensure secure and reliable supply as Europe moves away from Russian energy imports to achieve energy independence.

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UK awards 8.4 GW of offshore wind capacity

UK awards 8.4 GW of offshore wind capacity

January 16, 2026 | , ,

The Department for Energy Security and Net Zero has announced the outcome of Contracts for Difference (CfD) AR7, awarding 8.4 GW of offshore wind capacity. This capacity is expected to generate enough clean electricity to meet the needs of the equivalent of over 12 million homes. Moreover, the auction is expected to unlock nearly £22 billion in private investment

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Tokyo Century, Downing form JV to develop solar projects in UK 

Tokyo Century, Downing form JV to develop solar projects in UK 

January 16, 2026 | , ,

Tokyo Century Corporation has established a joint venture (JV) company with Downing LLP to invest in and develop solar projects in the United Kingdom. The JV will cover the full project lifecycle, including construction, ownership, and operations. The JV aims to develop a solar portfolio with a cumulative capacity of around 500 MW across approximately 10 sites by 2028. 

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Apex closes financing for 670 MW renewable projects in US

Apex closes financing for 670 MW renewable projects in US

January 16, 2026 | ,

Apex Clean Energy has completed the financing of three utility-scale renewable energy assets located in Texas, Ohio, and Illinois. The projects include Coles wind farm in Illinois, Emerson Creek wind farm in Ohio, and Raven storage facility in Texas. Cumulative, these assets account for nearly 670 MW of capacity. The three transactions represent financial commitments of approximately $2.79 billion.

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Industrial Transformation in ASEAN: Paper

Industrial Transformation in ASEAN: Paper

January 16, 2026 | , ,

ASEAN countries have set bold renewable and net-zero targets not just to cut emissions but to strengthen energy and fiscal resilience. Implementation, however, remains uneven. This white paper by the World Economic Forum highlights that fragmented governance, high financing costs and divergent national priorities continue to slow progress, leaving a gap between regional ambition and tangible outcome. Closing this gap requires greater alignment, coordination and practical mechanisms for collective action.

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Chile 2050 Energy Transition Roadmap: Report

Chile 2050 Energy Transition Roadmap: Report

January 16, 2026 | , ,

The Chile 2050 Energy Transition Roadmap provides an overview of the current energy landscape in Chile, including key trends in supply and demand, the energy mix, and the policy environment shaping energy development. It presents a detailed, sector-by-sector analysis of the energy transition roadmap, beginning with an assessment of total energy demand and covering end-use sectors – transport, industry and buildings – as well as the power sector and the role of fuels such as oil, gas, coal and bioenergy.

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UK Energy Trends: Paper

UK Energy Trends: Paper

January 16, 2026 | , ,

Total primary energy consumption for energy uses fell by 3.6 per cent, with record low quarterly demand from nuclear generators the main driver for the fall in consumption. In the third quarter of 2025 dependency on fossil fuels was 72.6 per cent, up 0.5 percentage points on the same quarter of 2024. The low carbon share was 23.6 per cent in the third quarter of 2025, down 0.7 percentage points on the same quarter of 2024, due to the fall in nuclear output. 

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EDP’s onshore hydro-solar project in Portugal begins operations 

EDP’s onshore hydro-solar project in Portugal begins operations 

January 15, 2026 | , ,

EDP has brought into operation a hybrid renewable energy project in central Portugal that combines onshore solar generation with hydropower. This 89 MW project, called the Pracana complex, is located across the municipalities of Mação and Proença-a-Nova, in the districts of Santarém and Castelo Branco. The project integrates a 48 MW solar plant with the existing 41 MW Pracana hydropower facility on the Ocreza river. 

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Heelstone secures $200 million for renewables expansion in US

Heelstone secures $200 million for renewables expansion in US

January 15, 2026 | ,

Heelstone Renewable Energy, a Qualitas Energy company, has closed a $200 million senior secured corporate credit facility in US. The facility is intended to support the company’s growing portfolio of utility-scale renewable projects, which includes more than 5 GW of solar, wind, and battery energy storage system assets. The financing was led by Deutsche Bank. PEI Global Partners acted as the exclusive financial advisor to Heelstone.

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Grenergy bags BESS contracts in Poland

Grenergy bags BESS contracts in Poland

January 15, 2026 | , ,

Grenergy has secured capacity contracts for five standalone battery energy storage system (BESS) projects in Poland through the latest auction conducted by Polskie Sieci Elektroenergetyczne (PSE), the national electricity system operator. The awarded projects have a combined power capacity of 534 MW, translating into 2.1 GWh of storage, and will function as reserve capacity when minimum system availability cannot be ensured.

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World Hydrogen Outlook: Report

World Hydrogen Outlook: Report

January 15, 2026 | , ,

Global hydrogen demand is expected to increase by 50 per cent, reaching 150 MMTPA from 100 MMTPA, between 2024 and 2030, driven by clean hydrogen; however, several regions are likely to encounter significant challenges. EMDEs are expected to host 25 to 30 per cent of the announced green hydrogen projects by 2030. The increase in demand for hydrogen is envisaged to be driven by both existing consuming sectors such as refineries, fertilisers, and methanol, as well as emerging sectors such as transport, steel and other industries which are expected to be unlocked with clean hydrogen.

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