Author: Khushboo Goyal

Role of Tax Equity Investments in US clean energy sector

Role of Tax Equity Investments in US clean energy sector

August 31, 2026 |

Energy tax credits play a central role in supporting investment and growth across the energy sector. Their continued availability, alongside evolving mechanisms for monetising these incentives, provides a supportive framework for further clean energy deployment. Federal tax credits provide financial incentives for a range of energy sources, manufacturing technologies, and critical minerals, driving adoption across states, industries, and customers. They work by reducing the tax liability of project developers and investors, effectively lowering the overall costs of developing energy projects.

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India launches PM-SSY Floating Solar scheme

India launches PM-SSY Floating Solar scheme

August 31, 2026 | , ,

India is giving a fresh impetus to floating solar with the launch of the Pradhan Mantri Surya Sarovar Yojana (PM-SSY). Approved by the Union Cabinet on July 31, 2026, the scheme seeks to address one of the growing constraints to large-scale solar development: the availability of suitable land. It envisages the development of 5,000 MW of floating solar photovoltaic (FSPV) capacity, with a total financial outlay of Rs 50.70 billion. The projects will be sanctioned during FY 2026-27 to FY 2030-31, with financial assistance continuing to be disbursed through FY 2032-33.

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Renewables Account for 50% European Electricity in 2025

Renewables Account for 50% European Electricity in 2025

August 28, 2026 | ,

In 2025, renewable energy sources made up 49.9% of gross electricity consumption in the EU, more than 2 pp higher than the previous year (47.5% in 2024). The growth in electricity generated from renewable energy sources during the period 2015 to 2025 largely reflects an expansion in 2 renewable energy sources across the EU, namely wind power and solar power. Wind power and hydropower accounted for almost two-thirds of the total electricity generated from renewable sources (38.0% and 26.4%, respectively). The remaining one-third of electricity generated was from solar power (23.4%), solid biofuels (5.8%) and other renewable sources (6.1%).

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Sungrow begins construction of 10 GWh Egyptian BESS manufacturing facility 

Sungrow begins construction of 10 GWh Egyptian BESS manufacturing facility 

August 28, 2026 | , ,

Sungrow has started construction of a battery energy storage system (BESS) manufacturing facility in Egypt with an annual production capacity of 10 GWh. The facility is valued at $50 million and is being developed in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone in Ain Sokhna. The facility is expected to commence production in April 2027.

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Amazon signs wind PPAs in Sweden

Amazon signs wind PPAs in Sweden

August 28, 2026 | , ,

Amazon has signed four power purchase agreements (PPAs) for wind projects in Sweden. The agreements are expected to add approximately 200 MW of new carbon-free energy capacity. The projects include the Fageråsen, Boarp, Dållebo and Fågelås wind projects, which are being developed by OX2 and Eolus. Furthermore, the Fageråsen project will have a capacity of 132 MW, while the Boarp, Dållebo and Fågelås projects have capacities of 17.5 MW, 18 MW and 31.5 MW, respectively.

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Ballard acquires UK hydrogen company GeoPura 

Ballard acquires UK hydrogen company GeoPura 

August 28, 2026 | , ,

Ballard Power Systems has completed the acquisition of UK-based GeoPura. GeoPura, founded in 2019, designs, manufactures and operates hydrogen power units (HPUs) for off-grid power applications. The HPUs use Ballard fuel cell modules to convert hydrogen into clean electricity. Furthermore, the transaction involves upfront consideration of £275 million, including £82.5 million in cash and newly issued Ballard common shares.

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Georgia’s Climate and Energy Planning: IRENA Report

Georgia’s Climate and Energy Planning: IRENA Report

August 27, 2026 | ,

Georgia, like many other countries, is increasingly recognising the importance of aligning its national climate and energy planning instruments to ensure effective implementation, avoid duplication of efforts and provide clear signals to investors and stakeholders. As governments simultaneously develop or update multiple plans, the challenge of ensuring consistency across different timelines, institutional mandates and modelling approaches has become more prominent.

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São Paulo’s Transport Decarbonization Updates: Policy Update

São Paulo’s Transport Decarbonization Updates: Policy Update

August 27, 2026 | ,

PlanClima SP is the climate action plan for the city of São Paulo and the main instrument for coordinating mitigation and adaptation actions across several policy areas, including transport, land use, energy, waste, and climate risk management. Its first version was released in 2021 and established a regular review cycle, with updates expected at least once per new municipal administration.

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Australia’s Maritime Emissions Reduction Plan: Report

Australia’s Maritime Emissions Reduction Plan: Report

August 27, 2026 | ,

The MERNAP identifies approaches to decarbonising Australia’s domestic maritime sector, contributing to the decarbonisation of international shipping and supporting the growth of Australia’s low and zero carbon energy exports. The MERNAP is intended to support competitiveness, prosperity and equitability in Australia’s maritime and energy sectors as the global maritime sector transitions to a decarbonised future.

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Air Products and Nobian sign hydrogen agreement

Air Products and Nobian sign hydrogen agreement

August 27, 2026 | , ,

Nobian and Air Products have entered into a long-term agreement for the offtake of RFNBO-compliant, certified hydrogen produced at Nobian’s facility in Rotterdam, the Netherlands. The hydrogen is generated through a renewable energy-powered chlor-alkali electrolysis plant, which has a production capacity of more than 14,000 tonnes per year. By supplying certified RFNBO hydrogen through existing infrastructure, Air Products will help customers meet the Netherlands’ RED III requirements while strengthening Rotterdam’s position as a hydrogen hub.

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Greenvolt Group secures financing for 1.6 GWh BESS projects in Poland

Greenvolt Group secures financing for 1.6 GWh BESS projects in Poland

August 27, 2026 | , ,

Greenvolt Group has secured a financing package from UniCredit comprising €153 million in bridge facilities and a €65 million guarantee facility to support the development of the Ełk and Turośń battery energy storage system (BESS) projects in Poland. The projects, developed by Greenvolt Power, have a combined capacity of 400 MW/1.6 GWh, with each project comprising 200 MW/800 MWh of storage capacity.

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Canada announces clean energy and transmission investment

Canada announces clean energy and transmission investment

August 27, 2026 | ,

The Canadian prime minister, alongside the premiers of Québec, and Newfoundland and Labrador, and the chief executive officers of Hydro-Québec and Newfoundland and Labrador Hydro have announced a package including up to CAD 10 billion in federal financial support and investments to expand clean electricity generation and transmission in Labrador through upgrades to Churchill Falls, development of the Gull Island hydroelectric project, and enabling infrastructure needed to support critical minerals development in the Labrador Trough.

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Quinbrook selects GE Vernova to supply technology for third stage of Supernode BESS 

Quinbrook selects GE Vernova to supply technology for third stage of Supernode BESS 

August 26, 2026 | , ,

Quinbrook has selected GE Vernova to supply technology for the third stage of the Supernode battery storage energy system (BESS) project in Queensland, Australia. GE Vernova will provide the power conversion, control and integration technologies for the third stage of the project. The project’s third stage will add 260 MW/1,216 MWh of four-hour BESS capacity.

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Maine PUC selects Clearway Energy Group to develop 800 MW wind project 

Maine PUC selects Clearway Energy Group to develop 800 MW wind project 

August 26, 2026 | , ,

The Maine Public Utilities Commission (PUC) has selected Clearway Energy Group to develop a wind project in Aroostook county. The wind project will have an installed capacity of 800 MW. Additionally, the commission has selected Avangrid to develop a high-voltage transmission line connecting the project to the New England grid. Furthermore, Maine PUC plans to procure 600 MW of electricity from the project, while the remaining power will be supplied to the other New England states.

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TotalEnergies signs PPA for 367 MW UK offshore wind project 

TotalEnergies signs PPA for 367 MW UK offshore wind project 

August 26, 2026 | , ,

TotalEnergies Gas & Power Limited has signed a long-term power purchase agreement (PPA) with Offshore Partners Walney (OPW) for electricity generated by the Walney I and II offshore wind farms located in UK. The projects, located in the Irish Sea and operated by Ørsted, have a cumulative installed capacity of 367 MW. Furthermore, OPW owns a 24.8 per cent stake in the project. Under the agreement, TotalEnergies will purchase renewable energy guarantees of origin (REGO)-backed electricity from OPW’s share of the project’s generation.

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Global Critical Minerals Outlook 2026: IEA Webinar

Global Critical Minerals Outlook 2026: IEA Webinar

August 25, 2026 |

The 2026 edition of the IEA’s annual Global Critical Minerals Outlook includes a detailed assessment of the latest market, investment and technology trends, along with their implications for critical mineral security. The report provides a snapshot of recent industry developments and offers medium- and long-term projections for the supply and demand of key energy minerals, taking into account the latest policy and technology developments. This year’s report also includes several areas of special focus: strategic minor minerals with applications beyond energy, nuclear supply chains and the role of Latin America in global mineral supply chains.

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Indonesia launches first phase of 100 GWp solar programme

Indonesia launches first phase of 100 GWp solar programme

August 25, 2026 | , ,

Indonesia has launched 14 solar power projects as the first phase of Indonesia’s 100 GWp solar programme. The projects are  targeted for completion by 2029. The programme involves a total investment of Rp1,140 trillion, while the projects announced in the first phase are estimated to require an investment of Rp135 trillion.  Furthermore, the projects have a combined capacity of 5.3 GW.

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Connected, Not Clean: The ASEAN Power Grid’s Real Test

Connected, Not Clean: The ASEAN Power Grid’s Real Test

August 24, 2026 |

The ASEAN Power Grid stands as a symbol of regional cooperation at a time of great uncertainty in energy markets. Even if interconnection proceeds flawlessly on time and within budget, the electricity surging through these cross-border lines might not deliver the sustainable, green future governments have promised. The ASEAN Power Grid is transmission infrastructure. It moves electricity across borders; it doesn’t generate it. This distinction is important because the grid is being financed and praised as a climate project. But building it and cleaning up the region’s power supply are two different achievements. A grid can be finished, funded and celebrated and still fail to deliver on sustainability, as the outcome depends on what the member states feed into it.

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RGGI Is Funding Lower Household Bills as Data Centers Spike Prices in the US

RGGI Is Funding Lower Household Bills as Data Centers Spike Prices in the US

August 24, 2026 | ,

States are investing in clean energy and lowering electricity bills through the Regional Greenhouse Gas Initiative. Demand for energy is growing in the Northeast and mid-Atlantic, spiking electricity bills and pollution in some states.  The Regional Greenhouse Gas Initiative (RGGI)—which sets a declining cap on carbon emissions from power plants and returns the program’s proceeds to fund energy and environmental programs—is serving as an essential stopgap for offsetting household electricity bills while reducing climate pollution. States must stay on track with RGGI to protect these consumer benefits.

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