Cubico Sustainable Investments has signed a joint venture (JV) agreement with Mexico’s Federal Electricity Commission (CFE) to develop 578 MWac of renewable energy projects across Mexico. The agreement includes five clean energy projects awarded to Cubico under CFE’s Mixed Investment Scheme, along with 175.7 MW/500 MWh of 3-hour duration battery energy storage.
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Brookfield has agreed to acquire Aypa Power from Blackstone Energy Transition Partners. The transaction is valued at approximately $7 billion in enterprise value, including an equity value of $3 billion. Aypa’s portfolio comprises 6.5 GW of operating, under-construction and contracted battery storage projects.
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Malaysia has established strong foundations for an orderly and gradual transition away from coal power, underpinned by a commitment not to build new coal power generation and a final transition date of 2044. Its policy and regulatory framework, along with its long-term goal to reach a 70% share of renewables by 2050, provide a strong basis for the country to capitalize on its natural assets and develop cheaper and more sustainable electricity generation alternatives. This transition offers profound benefits for Malaysians, including lower-cost renewable energy, less pollution and reduced exposure to fuel import costs and volatility. However, it is not without challenges. A renewables led system will need to be stabilized with additional baseload or “firm” power as coal gradually exits.
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The report is a comprehensive and actionable plan for how to achieve the flexibility required to deliver clean power by 2030 and net zero by 2050. This roadmap shifts focus from the delivery of important but intermediate milestones to the longer-term outcomes envisioned for consumers and the wider electricity system. The report includes some of the following commitments: The government will rapidly assess the feasibility of consumers accessing government support for low carbon technologies to do so using a flexible tariff, with the option for the consumer to opt out. The government will take primary legislative powers when parliamentary time allows to enable removal of final consumption levies for demand turn up, supporting the use of consumer-led flexibility in addressing network constraints and boosting the commercial case for bidirectional electric vehicle chargers and domestic batteries.
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Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has announced the sixth round of its Large-Scale Solar (LSS6) programme, targeting 2.5 GW of solar capacity paired with 1.25 GW of battery energy storage systems (BESS). The tender will be implemented in three lots, with the first lot comprising 2.2 GW solar and 1.1 GW BESS package open to all developers.
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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 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 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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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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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 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 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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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 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 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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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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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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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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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 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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