Low Carbon has secured development consent for the Beacon Fen energy park located in Lincolnshire, UK. The project will have 400 MW of solar capacity and 600 MW of co-located battery energy storage system (BESS). The project will generate enough clean electricity annually to power around 130,000 UK homes. The project is expected to offset approximately 72,000 tonnes of carbon emissions annually.
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Global power demand is on track to rise faster in 2026 and 2027 than in 2025, even as the Middle East crisis temporarily increases electricity generation costs and as emergency energy conservation measures are implemented in some regions. Major economies have so far adapted to the loss of liquefied natural gas (LNG) supplies from the Strait of Hormuz while meeting rising power demand. A stronger-than-expected El Niño event in 2026 could increase global electricity demand further by raising cooling needs in many regions. Electricity generation from renewables is set to overtake coal-fired output in 2026, widening their share in the global electricity supply mix.
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While policy changes have slowed the US energy transition, progress continues in several areas, with solar and batteries proving particularly resilient. According to the inaugural US energy transition leaderboard used in the analysis, Washington, Arizona, California, Illinois, and Oregon are leading the way to a low-carbon future. Republican states occupy 13 out of the top 20 positions, suggesting that economics is a far bigger driving force overall than politics. The clean energy transition is helping to improve grid reliability and temper price volatility, especially during extreme weather events.
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The European energy transition is marked by the rapid spread of renewable energy sources, electrification of end uses, decentralisation of generation and increasing system stress driven by climate change. These transformations expose the limits of traditional, centralised electricity system architectures and require new organisational and governance models capable of coordinating distributed resources while preserving reliability, efficiency and social legitimacy. Scientific literature and recent European policy frameworks converge on the role of energy communities (ECs) as a key socioeconomic and technical innovation to address these challenges.
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PLUS Grid Storage, part of the Ausgrid Group, has commenced construction on the Steel River East battery energy storage system (BESS) located in Newcastle, New South Wales, Australia. The project has an installed capacity of 200 MW/400 MWh. Commercial operations for the project are expected to begin in late 2027, with SCEE Electrical serving as the delivery partner.
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Capital Dynamics has acquired a ready-to-build battery energy storage system (BESS) project located in Knockanure, County Kerry, Ireland. The project has secured 170 MW of grid connection capacity. The project will connect to the neighbouring 110 kV Knockanure substation. Capital Dynamics acquired the project from a group of private shareholders. Furthermore, the project will have four-hours storage capacity and has been classified as a long-duration energy storage solution by EirGrid.
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Syrian Electricity Company (SEC), Syria’s state-owned electricity utility, has signed power purchase agreements (PPAs) with Saudi construction company Mohammed A. Al-Harfi, for the development of three solar power plants with a combined capacity of 760 MWp and battery energy storage system (BESS) totalling 1,077 MWh. The three solar parks will be constructed in the Wadiyan al-Rabi area in rural Damascus and will be connected to a 400 kV transmission line.
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Tyczka Hydrogen has acquired a hydrogen production, filling and refuelling facility located in Hünfeld-Michelsrombach, Germany. ABO Energy developed, constructed and operated the facility before the acquisition. The facility combines a 5 MW proton exchange membrane electrolyser, trailer filling station and a 350-bar hydrogen refuelling station. The project will add 400-600 tonnes of renewable fuels of non-biological origin (RFNBO)-certified green hydrogen production capacity annually to Tyczka Hydrogen’s portfolio.
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Gurīn Energy has secured 379 MW of electricity business licences (EBLs) in South Korea. The licenses cover three utility-scale solar projects. The three projects are located in Jindo Island and Goheung-gun within Jeonnam-Gwangju Integrated Special City. The projects include 216 MW Jindo Green solar project, 65 MW Jindo Jido-yeomjang solar project and 98 MW Goheung Nuri solar project.
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Korea South-East Power (KOEN) and the Saemangeum Development Agency have signed a memorandum of understanding to develop a large-scale green hydrogen complex in Saemangeum, South Korea. The proposed project will integrate solar power generation, green hydrogen production and hydrogen-fired power generation in Buan, North Jeolla Province. Furthermore, the project is planned for 1 GW of onshore solar capacity with 320 MW of water electrolysis capacity and 100 MW of hydrogen-only power generation.
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Germany’s Federal Network Agency has announced the results of the oversubscribed auction held in July 2026 for ground-mounted and non-building solar photovoltaic installations. The auction offered a total capacity of 2,135 MW. A total of 401 bids representing 3,170 MW were submitted, of which 48 bids were disqualified with 261 bids being successful in the pay-as-bid auction.
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MEAG, on behalf of Munich Re, has completed the sale of its minority stake in two onshore wind farms to Ardian. Both the wind farms are located in Texas, US. The wind farms include the Horse Creek wind project and the Electra wind project. The wind projects have a combined installed capacity of 460 MW. The wind farms have been operational since 2016.
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Econergy has signed financing agreements of approximately €229 million for its Părău 2 hybrid project in Romania. The project combines a 342 MWp solar plant with a 150 MW co-located battery energy storage system (BESS). The project is currently under construction and is expected to commence operations in late 2027 or early 2028. Financing close of the project is expected to be completed by November 2026.
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There is a concerning lack of oversight over Europe’s capacity markets. Evidence suggests that advancements in Germany, Poland and Italy may violate EU state aid rules; with the schemes manipulated to favour gas power plants. European Commission is urged to enforce technology neutrality rules to ensure clean flexibility technologies have equal access; and ensure there is robust evidence of the necessity of these subsidies. A number of capacity markets will require EU state aid reapproval in the coming years, as they come up to their 10-year lifespan. At the same time, a number of countries are looking to introduce capacity markets. The clear, viable alternative to a gas-dominated system is a renewables-based approach, replacing the role that gas currently performs to provide flexibility with clean solutions like batteries, demand side response, interconnectors and long-duration energy storage.
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As extreme temperatures drove electricity demand to seasonal highs, wholesale power prices surged, and regional power systems relied heavily on expensive gas and coal peaking plants to maintain reliability. The grid was pushed to its limits in some areas, and nearly 400,000 households across the Midwest, Mid-Atlantic, and Northeast experienced power outages during some of the hottest hours of the year. Across the areas most affected by the heatwave, wind and solar generation increased during the highest-demand hours compared to the days before and after the event, providing electricity when it was needed most. Markets with higher levels of clean energy experienced substantially lower wholesale electricity prices, while regions with relatively little clean generation experienced the highest prices despite having tens of gigawatts of clean energy waiting to connect to the grid.
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WestWind Energy has received planning approval for the Normanville Energy Park. The park will consist of a 122 MW wind power facility and will feature up to 17 wind turbines. The project is located in Victoria’s North West Renewable Energy Zone, Australia. The project will generate enough electricity to power around 90,000 Victorian homes. Furthermore, project construction is expected to attract approximately $350 million in investment.
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Dimension Energy has secured $857 million in additional financing to accelerate the expansion of its distributed solar platform. The financing package includes a $200 million increase in its corporate credit facility and $657 million in construction-to-term debt and tax equity financing. The financing will support 29 distributed solar projects totalling 149 MW across Illinois, New Jersey, New York, Pennsylvania and Virginia.
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Solar energy systems are designed to generate power consistently, but performance can decline due to factors such as soiling, shading, equipment degradation, and inverter issues. These losses do not always trigger immediate alerts and can go unnoticed, gradually reducing output. Operators rely on monitoring systems to track generation and flag major deviations. While these systems provide visibility, they are designed to catch larger failures, not smaller performance losses that develop gradually and often go unreported across systems.
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During June and July 2026, successive heatwaves pushed temperatures above 40°C in many parts of Europe, driving up electricity demand as air conditioning use soared, while disrupting nuclear, gas, coal and hydropower generation. The boost in solar output helped stabilise grids as other power sources struggled but this was accompanied with high prices and supply scarcity most pronounced in the evenings. As extreme heat becomes more common, governments and regulators will need to make greater use of proven solutions, including battery storage and demand response.
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Transport emissions in all CAREC countries are growing significantly faster than overall GHG emissions, showing the importance of introducing effective measures to curb these emissions. The report highlights how the main measures identified by CAREC countries to reduce GHG transport emissions relate to electric mobility, low-carbon fuels, expansion and improvement of public transport services, nonmotorized transport, efficiency improvements in the transport sector, and shifting road to rail and road to shipping for both freight and passenger transport.
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