Saudi Power Procurement Company (SPPC) has issued a request for qualification (RFQ) for the seventh round of solar and wind projects under the National Renewable Energy Program (NREP) led by the Ministry of Energy. The round covers a total capacity of 5,300 MW, comprising four solar photovoltaic projects and two wind projects across different regions of the country.
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Stargate Hydrogen has signed a MoU with Saudi Arabia’s Research, Development, and Innovation Authority (RDI) to strengthen cooperation in green hydrogen technologies. The agreement was facilitated by Apex Ventures under RDI’s Global Startups Attraction Programme in partnership with the Ministry of Investment. The partnership focuses on multiple areas.
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United Capital Infrastructure Fund (UCIF) has signed a revolving local currency debt facility of around $3.2 million, with Husk in Nigeria. The financing has been structured to address a market gap in the deployment and expansion of solar minigrids in Nigeria. The revolving loan will run for 10 years, during which Husk intends to redeploy the capital twice. The first phase of funding will be utilised to build its standalone minigrid pipeline in Nigeria.
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Horizonte wind farm, located in the municipality of Taltal in the Antofagasta Region, has commenced commercial operations. The wind project, developed by Colbún, began supplying electricity to the National Electric System at the end of 2024. The project entered full commercial operation in early September 2025 after completing tests required by the National Electricity Coordinator.
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This report examines electricity generation trends in Central European countries (Czechia, Hungary, Poland and Slovakia) from 2019 to 2024, with insights from 2025. The report shows that solar generation in the region grew faster than the EU average, while coal power declined, though progress varied between countries. The report analyses the uptake of battery storage and other flexibility technologies until today, presenting successful examples from the region.
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The US electricity distribution grid is at a critical inflection point. Widespread electrification, especially of transportation is creating a surge in demand that is arriving quickly and unevenly. In key locations, such as warehouse districts, highway corridors, and dense urban zones, electric vehicle (EV) charging is poised to use a significant share of available grid capacity. Current connection speeds may delay activation of chargers, impeding access to clean mobility and potentially leading to further increases in costs for customers.
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Iraq’s energy sector faces urgent challenges and also significant opportunities for renewable energy development. The country remains heavily reliant on fossil fuels. Its dependence on oil and gas, which represent over 98% of its energy mix, exposes it to volatile global oil markets, environmental degradation and increasing energy insecurity. Iraq is rich in solar and wind resources, but renewable energy has witnessed minimal development, and accounts for less than 2% of the total primary energy supply.
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As energy prices have declined, European countries have switched the focus of their windfall profits taxes-a one-time tax levied on a company or industry when economic conditions result in large, unexpected profit, from energy providers to the banking and financial sector. The European Commission recommended that Member States temporarily impose windfall profits taxes on all energy providers in its REPowerEU communication. In October 2022, the Council of the European Union agreed to impose an EU-wide windfall profits tax, or “solidarity contribution,” on fossil fuel companies, though with a different design than the Commission’s recommendations.
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On July 23, 2025, President Donald Trump signed three Executive Orders aiming to push data centers’ development in the United States. By adopting the Executive Order “On Accelerating Federal Permitting of Data Center Infrastructure”, the Trump Administration has announced a significant policy shift aimed at strengthening American manufacturing and technological leadership. Central to this initiative is the implementation of comprehensive industrial strategies designed to advance the United States’ position in key emerging technologies, with a particular emphasis on AI data centers and the necessary supporting infrastructure.
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In the SEA region, eight out of 10 countries have set net zero targets. ASEAN member states have also pledged to triple global renewable energy capacity to 11,000 GW by 2030 at the COP28. The path towards energy transition must be realistic, equitable and regionally attuned. In order to deliver energy transition, clear financing strategies, infrastructure modernisation, inclusive policies and technological innovations are required. Through regional cooperation, the SEA region has the potential to shape a low-carbon energy future.
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Fidra Energy has secured financial close for the Thorpe Marsh battery energy storage system (BESS) project in Doncaster, South Yorkshire, UK. The company has raised about £445 million in new equity from EIG and the National Wealth Fund (NWF), along with £594 million in loan facilities from various international lenders. With a total investment of nearly £1 billion, the BESS project will have a capacity of 1,400 MW/3,100 MWh.
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Plus Power has commenced operations of its Cranberry Point Energy Storage facility in Carver, Massachusetts. The standalone utility-scale battery energy storage system (BESS) project has a capacity of 150 MW/300 MWh. It is spread across 6 acres and is connected to Eversource’s Carver 115 kV substation, which links to a major north-south transmission line carrying power to Boston.
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Taean Wind Power, a joint venture between Vena Energy and Copenhagen Infrastructure Partners (CIP), has signed two power purchase agreements (PPAs) totalling 500 MW with Korea West Power and Gangneung Eco Power. The PPAs cover 300 MW with Korea West Power and 200 MW with Gangneung Eco Power. These contracts secure long-term offtake for electricity generated by the Taean offshore wind project.
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This report focuses on critical minerals found in the Southern African Region (SAR) – including copper, cobalt, graphite, lithium, manganese, chromium, platinum group metals (PGMs) and vanadium – and analyses their value chains across 10 SAR countries: Angola, Botswana, Democratic Republic of the Congo (DRC), Madagascar, Mozambique, Namibia, South Africa, Tanzania, Zambia and Zimbabwe. It outlines practical solutions to accelerate investment in Southern Africa’s clean energy and critical minerals value chains.
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The power sector is facing the highest level of growing demand in decades. This whitepaper examines the significant challenges facing the US power sector as it experiences unprecedented demand growth. It identifies practical solutions that enable the power system to accommodate this load growth in a timely and cost-effective manner aligned with public policy goals. It focuses on actionable, near- and medium-term strategies that maximise the value of the existing grid and improve investment planning for future infrastructure needs.
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This report identifies the best pathways to eliminate industrial greenhouse gas emissions in three emerging economies in the region: China, Indonesia, and Viet Nam. It focuses on manufacturing activities (not mining, drilling, agriculture, or construction) and covers a range of industrial decarbonization technologies, including energy and material efficiency; electrification; carbon capture, use, and storage; green hydrogen; and clean chemical feedstocks.
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Iberdrola has reached an agreement to purchase a 30.29 per cent stake in Neoenergia from PREVI. With this acquisition, Iberdrola will hold approximately 84 per cent of Neoenergia’s share capital. The agreed price of 32.5 BRL per share represents a total cash payment of 11.95 billion BRL, equivalent to about €1.88 billion. The completion of this transaction remains subject to the necessary regulatory approvals.
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Zelestra and BKW have signed a long-term tolling agreement for the delivery of a 2 GW battery energy storage system (BESS) project in northern Italy. As part of the agreement, Zelestra will allocate a share of the plant’s generation capacity to BKW, allowing it to manage and optimise flexibility in the market. Construction for the project is scheduled to begin in 2027, and is expected to become fully operational in 2028.
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Hynfra has inked a framework agreement with the Government of Mauritania for the development of a green ammonia project in Nouakchott. The project is planned to produce 100,000 tonnes of green ammonia annually starting in 2030. The total capital expenditure for the project is expected to be $1.5 billion. The project will be located in the southern zone of the Somelec wind farm, with exports planned through Port de l’Amitié.
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Georgia Power has received approval from the Georgia Public Service Commission (PSC) for five new utility-scale solar power purchase agreements (PPAs) under the Clean and Renewable Energy Subscription (CARES) 2023 programme. These projects, with a cumulative capacity of 1,068 MW, will be developed and operated by third-party companies selected through the CARES 2023 Request for Proposal.
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