EDF and Elements Green have inked a long-term agreement for the delivery of the 360 MW/720 MWh Staythorpe battery energy storage system (BESS) project located in Nottinghamshire. As part of the arrangement, EDF will provide a guaranteed minimum income from grid balancing along with the project’s 15-year capacity market contract. The project is in the construction stage, and is expected to start operations in 2027.
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The Asian Development Bank (ADB) and ACWA Power have signed a $51 million loan package to support the development of the Nukus 2 wind and battery energy storage system (BESS) project in Uzbekistan’s Qoraozak district of the Republic of Karakalpakstan. The project involves the construction and operation of a 200 MW wind project alongside a 100 MWh BESS project.
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Apollo-managed funds and affiliates have agreed to provide €3.2 billion in equity for a newly created joint venture (JV) with RWE. The JV, to be controlled operationally by RWE, will hold and fund RWE’s 25.1 per cent stake in Amprion, a transmission system operator (TSO) covering seven German federal states. The equity will be used to support Amprion’s investment programme for grid expansion over the next decade.
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Nautilus Solar Energy has closed a $275 million long-term debt facility. The financing will support the development of more than 25 community solar projects expected to become operational within the next year across Illinois, Maryland, Delaware, New York, and Rhode Island. These projects will reportedly add over 130 MW of capacity to local grids. Additionally, they will expand Nautilus’s total operating and managed portfolio to 700 MW.
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Adani Power and Bhutan’s Druk Green Power Corporation (DGPC) have signed agreements to develop the 570 MW Wangchhu hydroelectric project in Bhutan. The agreements include a shareholders agreement, a concession agreement with the Royal Government of Bhutan, and an initial understanding on the power purchase agreement. The project will be executed on a build-own-operate-transfer (BOOT) basis.
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SK On has signed a multi-year supply agreement with Flatiron Energy. As a part of the agreement, SK On will provide up to 7.2 GWh of battery energy storage system (BESS) capacity for Flatiron’s utility-scale projects across New England and other states through 2030. SK On will first deliver containerised BESS units with 1 GWh of lithium iron phosphate (LFP) batteries for a project in Massachusetts.
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The Philippines Department of Energy has released the results of the fourth green energy auction (GEA-4). The tendered capacity was 10,653 MW, with 9,423.622 MW subscribed, reflecting an 88 per cent subscription rate. The auction covered ground-mounted, roof-mounted, and floating solar, onshore wind, and integrated solar with energy storage systems. A total of 111 bids were accepted.
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ERG, through its subsidiary ERG Power Generation, has entered into three power purchase agreements (PPAs) with FS Group’s subsidiary, the railway infrastructure operator Rete Ferroviaria Italiana (RFI), for the supply of 1.2 TWh of renewable energy (185 GWh annually). Supply is scheduled to begin on October 1, 2025. The power will be sourced from ERG’s wind farms located in Italy that are not part of the incentive system.
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Solar power in Great Britain had a record-breaking start to 2025, with solar up 32%, to produce a record 9.91 TWh, breaking generation records for five months in a row since March 2025. A further record was broken on the 8th of July with the highest ever level of solar power on the grid at 14 GW. This level is repeatedly being raised. For comparison, this is 44% higher than 5 years prior when the solar peak in 2020 was just 9.7 GW. The continued deployment of new solar panels means that in 2025, one of the sunniest years on record to date has been successfully translated into high levels of power generation.
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Recent analysis shows California could save more than $1 billion annually and reduce in-state gas generation by 31 percent by participating in a regional day-ahead market with the broader West. This could lead to a 11.2 percent reduction in carbon emissions! The California Independent System Operator (CAISO) has already demonstrated the benefits of regional energy trading through the Western Energy Imbalance Market (WEIM), which has saved participants more than $6.6 billion since its launch in 2014. CAISO’s Extended Day-Ahead Market (EDAM) will allow states to plan optimized electricity dispatch a day in advance.
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The HKH region has the potential for nearly 2,200 GW and 750 GW of electricity generation, respectively, from solar and wind sources. The HKH areas of China have the highest potential for electricity production from solar (1,772 GW) and wind (741 GW) sources. The HKH areas of India have the potential for 224 GW from solar energy. The HKH parts of Afghanistan have a solar energy potential of 80 GW and around 6 GW of wind energy potential. Pakistan and Nepal have, respectively, a solar energy potential of 56 GW and 24 GW. Myanmar and Bhutan also have significant potential for solar energy of 12.7 GW and 12 GW, respectively.
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LS Energy Solutions has commenced commercial operations for the Big Rock energy storage system (ESS) project in Imperial County, California. The project has a capacity of 200 MW/400 MWh and was developed in partnership with Gore Street Energy Storage Fund (GSF). The project will be providing resource adequacy (RA) and ancillary services to the California Independent System Operator (CAISO) grid.
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Eurasian Resources Group (ERG) has launched a 150 MW wind project in Kazakhstan. The project, located in the Aktobe Region, consists of 24 installed wind turbines. It reportedly involved an investment of more than $142 million. The project is expected to produce more than 500 million KWh of electricity annually. The project received financial support from the Development Bank of Kazakhstan.
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Envision Energy has announced its plans to develop a 232 MW wind power project in Karaman, Turkey. Envision will partner with ERN Holding and Yildizlar Group to develop the project. This marks the company’s first wind project in the country. Envision Energy is a renewable energy company that designs and manufactures wind turbines, energy storage systems (ESS), and green hydrogen solutions.
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Brazil has taken a leading role in positioning the just energy transition within the framework of the G20 in 2024. Seeking to continue these trajectories and project its global leadership, the South American country formulated three priorities in the G20 agenda linked to energy transition. The objective of this report is to characterise Brazil’s leadership capacity in the G20 by positioning the energy transition narrative as a way to observe changes and continuities within the processes at the BRICS Forum and COP30 in 2025.
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The Southeast Asia region, with its rapidly growing economies, increasing energy demands and grid constraints, is facing unique challenges in the energy transition. The combination of the shift to renewable energy and the lack of grid stability in several Southeast Asian nations indicates the need for storage technologies, a need which is starting to be recognised at governmental level.
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The EU has initiated an economy-wide transition to climate neutrality by 2050. While many important on-the-ground developments have accelerated compared to last year’s assessment, the current pace of the transition is still not fast enough. Investments are lagging, underscoring the need for targeted policy adjustments to provide certainty for businesses and citizens alike. Speeding up the shift to a clean economy is also fundamental to Europe’s long-term competitiveness and security.
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The Netherlands Enterprise Agency (RVO) has awarded a funding of €551 million to RWE for a 100 MW electrolysis project in Eemshaven. The project will be located near the Magnum power station in the northern part of the country. The funding has been provided under the Dutch government’s Sustainable Energy Production and Climate Transition Incentive Scheme.
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Ingeteam has provided photovoltaic (PV) inverters for the Parliament Solar project located in Waller County, near Houston, Texas. The project has a capacity of 640 MWdc, and is expected to generate nearly 1,100 GWh of electricity annually. The company’s scope of delivery for the project included 149 units of its 149 INGECON® SUN 3Power Series C liquid-cooled central photovoltaic inverters.
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BDx Data Centers has entered into a partnership with HEXA Renewables to supply 50 MW of renewable energy to the Singapore-Malaysia grid. The agreement introduces a cross-border model aimed at supporting Singapore’s renewable energy demand through the development of new clean energy projects in Malaysia. HEXA Renewables is a renewable energy platform founded in 2020.
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