Author: Khushboo Goyal

Bridging Climate Adaptation in Indonesia, Brazil and India: Paper

The paper examines how the vertical integration of climate change adaptation can be strengthened, using Indonesia, Brazil and India as comparative case studies. The paper provides empirical evidence on common barriers, highlights opportunities and offers practical recommendations for policymakers, planners and development partners on how coordination across governmental levels can be enhanced. The paper highlights how large, decentralised countries such as Indonesia, Brazil and India must overcome fragmented adaptation governance and ensure vertical policy coherence across all governmental levels to facilitate more robust and effective climate adaptation actions.

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State of Fossil Fuels in Chile: Report

The report presents a snapshot of the current landscape to support Chile’s transition toward energy security and sovereignty by shifting away from fossil fuels. Renewable energy has not replaced fossil fuels; it has grown alongside them. Despite having an electricity system that is more than 60 per cent renewable, Chile consumed 29 per cent more energy from fossil fuels in 2024 than it did in 2000. The energy system is not defossilising; it is redistributing its dependence across different fossil fuel sources. Today, Chile has neither a fossil fuel phase out strategy nor a reduction plan in its dependence on fossil fuels; instead, fossil fuel use has shifted across sectors.

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EU approves €780 million green hydrogen scheme for Netherlands

The European Commission has approved a €780 million state aid scheme to support up to 400 MW of green hydrogen production capacity in the Netherlands. The funding will be awarded through a competitive bidding process by early 2027, with selected projects receiving 10-year variable per-kilogramme subsidies. The scheme will also provide direct grants covering up to 80 percent of eligible investment costs for selected green hydrogen projects.

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Colombia approves 557 MW solar projects 

The National Environmental Licensing Authority (ANLA) has granted environmental approval for the Turpiales and Los Nogales solar parks located in Río de Oro, Cesar, Colombia. The projects are being developed by Gestión Grupo Solar Colombia S.A.S. The projects have a combined authorised capacity of 557.2 MWac. Furthermore, the Turpiales solar project will have 348 MWpdc/278.6 MWac of installed capacity while the Los Nogales Photovoltaic Park will have 342.55 MWpdc/278.6 MWac of installed capacity.

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Verdant Energy merges with Aura Power 

Verdant Energy and Aura Power Developments Limited have merged to create an independent power producer focused on solar and battery energy storage systems (BESS) in UK. The combined platform brings together Verdant’s operating and under-construction solar and BESS assets with Aura Power’s complementary contracted portfolio. The platform will have around 1 GW of solar and BESS capacity.

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CIP achieves FID for 420 MW hybrid project in Mexico

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has reached final investment decision (FID) and financial close on La Esperanza hybrid project located in Campeche, Mexico. The project comprises a 420 MWdc solar project with a 150 MW/750 MWh five-hour duration battery energy storage system. Project construction is currently underway, with commercial operations expected to commence in 2028.

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Protium secures approval for Scottish green hydrogen project

Protium has received planning permission from the Highland Council for the 15 MW Cromarty Green Hydrogen Production Facility (CGHPF). The project is located in Alness, Scotland.The project represents the first phase of the Highland Hydrogen Hub. Furthermore, Protium acquired the Cromarty project in May 2026. The project is the only hydrogen project in Scotland to secure support under the UK Government’s Hydrogen Allocation Round 1 through a contract for difference (CfD).

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Utilitas begins construction of 117 MW hybrid project in Latvia

Utilitas Wind has commenced construction of the 117 MW Lode hybrid renewable energy park located in Valmiera municipality, Latvia. The project comprises 18 Vestas wind turbines of 6.5 MW each, delivering a total installed wind capacity of 117 MW. The project will also include a 60 MW/240 MWh battery energy storage system (BESS). The wind farm is expected to generate around 330 GWh of electricity annually.

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We are increasing our private sector financing four-fold: ADB’s Masato Kanda

The ongoing conflict in the Middle East is delivering a direct hit to the global economic engine. Geopolitical disruptions do not respect borders. They affect fuel, freight, finance, and factories. They also spike trade uncertainty and land squarely on the household budgets of the communities that can least afford it. At the same time, we are facing an unprecedented, staggering surge in electricity demand. This isn’t just being driven by rapid urbanization. It is being fueled by the explosive expansion of power-intensive AI data centers and deep electrification of our economies.

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CEFC commits $100 million for Australian renewables

The Clean Energy Finance Corporation (CEFC) has committed $100 million to support Australia’s mid-scale clean energy transition. The investment will be deployed in partnership with Infradebt under the Distribution Connected Accelerator Program (DCAP). The program aims to finance the development of up to 16 hybrid solar, battery energy storage, and battery retrofit projects.

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Heelstone acquires 188 MWp solar project in Texas 

Heelstone Renewable Energy, a Qualitas Energy company, has acquired the Cypress Pointe solar project from Azimuth Renewables. The project features a 188 MWp utility-scale solar photovoltaic (PV) project. The project is located in Sabine County, Texas, within the Southwest Power Pool (SPP) market. Furthermore, Azimuth Renewables has built the project through its early and mid-stage phases.

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ITOCHU signs agreement for WtE project in Morocco

ITOCHU Corporation has partnered with Kanadevia Inova and Nareva for an integrated waste-to-energy (WtE) project in Casablanca, Morocco. The consortium has signed a 33.5-year concession agreement with the Casablanca Municipality, along with power purchase agreements with Morocco’s National Office of Electricity and Drinking Water (ONEE) and SRM Casablanca-Settat. Furthermore, the project will process 1.5 million tonnes of municipal solid waste annually. 

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ContourGlobal begins construction on hybrid project in Chile

ContourGlobal has commenced construction of the Los Maitenes hybrid renewable energy project in Chile. The project will combine 131 MWp of solar photovoltaic (PV) capacity along with a 90 MW/360 MWh battery energy storage system (BESS). Furthermore, the project is expected to generate around 220 GWh of clean electricity annually. Project completion is expected by the end of 2027. 

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Sonnedix secures €730 million financing for clean energy projects in Europe

Sonnedix has secured €730 million in financing for renewable energy projects across France, Italy, Portugal and Spain. The financing will be used for the refinancing, optimisation and construction of the projects across the four countries. The financing covers around 540 MW of solar capacity and two battery energy storage system (BESS) projects.

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New US Western Grid: EDAM, Markets+ redefining wholesale power across the West

The US’ western energy markets are undergoing a major transformation. On May 1, 2026, the California Independent System Operator (CAISO) and PacifiCorp switched on the extended day-ahead market (EDAM), the biggest expansion of centralised electricity trading in the US Western Interconnection in a decade. For the first time, a day-ahead, security-constrained economic dispatch (SCED) will co-optimise generation and transmission across balancing authority areas (BAAs) that stretch from California to Wyoming. It builds on the real-time Western Energy Imbalance Market (WEIM), which has generated cumulative benefits of USD8.6 billion since its launch in 2014 across a region representing approximately 80 per cent of western electricity demand.

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Rapid Growth in Australia’s Distributed Storage Market: REI

Utility-scale batteries are particularly well suited to energy arbitrage, whereby they charge during periods of low or negative prices and discharge during periods of high prices. This is their primary source of revenue. They are also the leading providers of frequency control ancillary services (FCAS), including regulation services and contingency reserves that help maintain system frequency close to 50 Hz. These services require rapid response times, giving lithium-ion batteries a significant competitive advantage. Batteries typically charge during periods of strong daytime solar generation and low electricity prices, then discharge during the evening when solar output declines and demand remains elevated, enabling energy arbitrage while supporting grid stability and limiting curtailment.

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