Tag: renewable energy

Offshore Wind Potential in Atlantic Canada

Atlantic Canada possesses one of the strongest and most extensive offshore wind resources in North America. Newfoundland and Labrador have the single largest provincial potential, with an estimated ~473 GW of buildable capacity. New Brunswick’s offshore wind potential is more moderate in scale compared to Nova Scotia and Newfoundland and Labrador, but still significant at ~37 GW of buildable capacity. Prince Edward Island offers a smaller but high-quality offshore wind resource, with ~9.5 GW of buildable capacity. Nova Scotia shows one of the strongest offshore wind profiles in Atlantic Canada with a total buildable capacity of ~434 GW.

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Revera Energy secures financing to develop projects across Australia and UK

Revera Energy, an independent energy infrastructure platform backed by Carlyle, has completed the expansion of its credit facility to $150 million. The expanded facility is intended to support the development and construction of  battery energy storage system (BESS), solar, and green hydrogen projects in pipeline across Australia’s National Energy Market (NEM) and UK.

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Nova Scotia and Massachusetts join forces for offshore wind 

Nova Scotia and the Commonwealth of Massachusetts have signed an MoU to pursue cooperation on offshore wind energy, with the objective of enabling Nova Scotia to supply clean electricity to Massachusetts. The memorandum reinforces an existing collaborative relationship and outlines shared priorities related to clean, reliable, and affordable energy, resilient regional infrastructure, and employment creation across the energy supply chain.

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India announces results of 1.2 GW wind auction 

The Solar Energy Corporation of India (SECI) has announced the winners of its 1,200 MW interstate transmission system (ISTS) connected wind power projects (Tranche-XIX) auction. In the auction, KP Energy secured a capacity of 100 MW at a tariff of Rs 3.67 per kWh. Furthermore, Waaree Forever Energies, Ganeko Three Energy, and Opera Energy secured 300 MW, 180 MW, and 50 MW, respectively, at a tariff of Rs 3.68 per kWh.

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Neoen begins construction of three solar projects in France

Neoen has initiated construction of three new solar farms in France with a combined capacity of 230 MWp, all scheduled to become operational by 2028. The projects include the Le Couret agrisolar project with a capacity of 147 MWp in the Haute-Vienne department, along with the Isle-sur-Marne solar farm of 48 MWp and the Matignicourt floating solar farm of 35 MWp both located in the La Marne department. 

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RWE and Amazon ink 110 MW PPA for Nordseecluster B project

RWE and Amazon have entered into a power purchase agreement (PPA) for 110 MW of offshore wind capacity from the Nordseecluster B project in Germany. The PPA builds on a strategic framework agreement signed in June 2025, under which RWE supports Amazon’s carbon-free energy objectives, while Amazon Web Services provides cloud services, artificial intelligence, and data analytics for RWE’s digital transformation. 

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Octopus Energy and PCG Power form JV in China 

Octopus Energy Group has announced a joint venture (JV) with PCG Power to trade renewable electricity in China. The JV will operate under the name Bitong Energy and will focus on trading green electricity in China’s spot power markets, where electricity is bought and sold in real time. The JV will begin operations in Guangdong province and will expand to other regions as additional markets open.

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CIP to acquire Ørsted’s European onshore renewable portfolio

Copenhagen Infrastructure Partners, through its fifth flagship fund Copenhagen Infrastructure V (CI V), has reached an agreement to acquire Ørsted’s European onshore renewable energy business. The transaction covers more than 800 MW of renewable capacity, consisting of 578 MW operational and 248 MW under construction project, along with a multi-GW development pipeline.

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Sonoco and ENGIE ink VPPA for 140 MW wind project in Texas

Sonoco Products Company and ENGIE North America have commenced electricity delivery under a virtual power purchase agreement (VPP) linked to the Big Sampson wind project in Crockett county, Texas. The agreement covers an estimated 140 MW of electricity annually for a 15-year term starting from the project’s commercial operation.The project was completed in late 2025 and consists of 60 wind turbines, each with a capacity of 4.5 MW. 

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Envision bags wind turbine supply order in Vietnam

Envision Energy has entered into a wind turbine supply agreement with REE Group for nearshore wind projects with a combined capacity of 128 MW in Vietnam’s Vinh Long province. The portfolio includes the V1-3 Phase II project with 48 MW capacity and the V1-5 and V1-6 Phase II projects totaling 80 MW. The projects will deploy 16 EN-226/8.X MW offshore wind turbines.

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Saudi Arabia and Türkiye ink renewable energy agreement

Saudi Arabia and the Republic of Türkiye have entered into an intergovernmental agreement covering renewable energy projects. The agreement was executed by the Ministry of Energy of Saudi Arabia and the Ministry of Energy and Natural Resources of Türkiye. It provides for the development of solar projects in Türkiye with a total installed capacity of up to 5,000 MW, to be implemented in two phases.

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EC allocates €650 million for cross-border energy projects

The European Commission has approved nearly €650 million in grants under the Connecting Europe Facility (CEF) to support 14 cross-border energy infrastructure projects. The allocation aligns with the European Grids Package. Additionally, this funding round includes support for protecting critical energy infrastructure and advancing hydrogen-related projects.

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Younan to develop solar-plus-storage project in California 

Younan Company has announced the development of a large utility-scale solar and battery storage project in California under Soleil Renewable Energy, LLC. The project is planned in East Kern county, on approximately 3,200 acres of owned land. It will have a solar generation capacity of 880 MWdc, equivalent to 700 MWac, paired with a 460 MW battery energy storage system. Commercial operations are targeted for mid-2028.

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Pumped Storage Projects: Technology Trends and Top Global Markets

PSP remains the world’s dominant grid‑scale storage  technology, with global installed capacity reaching ~189 GW in 2024, according to the IHA’s 2025 World  Hydropower Outlook. In 2024 alone, about 8.4 GW of new PSP capacity was  added globally. The global PSP development pipeline now exceeds 600 GW,  with more than 105 GW under construction, of which over 90 GW is in China. IHA estimates that existing PSP plants can store up to ~9,000 GWh of  electricity, providing critical inertia, frequency regulation, and long‑duration  storage for high‑renewables grids.

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Nigeria’s Electricity Devolution Law Creates an Opportunity to Reshape Its Power System

The Electricity Act 2023 is more than just a policy reform, it is an invitation to reimagine Nigeria’s energy future through bottom-up innovation, state-driven leadership, and a coordinated national vision. It is therefore imperative for development partners to collaborate with state authorities to help shape an energy transition that aligns with national goals. Moreover, aligning state-level planning with strong, decentralized market structures presents an opportunity to increase grid resilience and supply availability and reliability at optimal cost.

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The China-Gulf Green Rush: Fueling Renewable Energy Cooperation

As the energy transition accelerates, China-Gulf relations are undergoing a profound transformation. Central to this shift is the evolution of energy partnerships, from the traditional fossil fuel exports that fueled China’s industrial rise, to strategic, mutually beneficial collaborations in clean energy technologies. Looking ahead, both sides should prioritize three interconnected initiatives: establishing a Middle East hydrogen hub, modernizing regional grids to enable seamless integration of renewables, and rapidly scaling EV infrastructure to promote sustainable transportation.

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Voltalia bags 132 MW solar project in Tunisia

Voltalia has been awarded a 132 MW solar project in the Gabès region of south-east Tunisia by the Tunisian government. Construction of the Wadi solar project is scheduled to begin in 2027, with commissioning planned for 2028. With the addition of the Wadi project, Voltalia’s total solar capacity in Tunisia that is planned to move into the construction phase has reached nearly 400 MW.

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European Electricity Review 2026: Report

Wind and solar reached 30% of EU electricity, higher than fossil power (29%) for the first time on record, and up from 20% just five years prior. By 2025 wind and solar generated more power than all fossil sources in 14 of the 27 EU countries. Solar grew in every EU country and accounted for more than a fifth of electricity in Hungary, Cyprus, Greece, Spain and the Netherlands. Coal power fell to a new historic low of 9.2%. Battery deployment accelerated significantly in 2025.

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Cyber Security for ASEAN Smart Grids: Report

The potential of smart grids, particularly those utilising renewable energy such as solar, wind, and biomass, cannot be overstated. These DERs provide flexibility, reduce transmission losses, and can help mitigate the volatility of energy supply. Nevertheless, as energy grids become more decentralised, the accompanying risk of cyberattacks increases. This research project seeks to address the dual challenge of promoting the use of distributed energy resources while enhancing the cybersecurity of distributed energy systems.

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FERC issues licence to Goldendale PSP in Washington

Rye Development and Copenhagen Infrastructure Partners, through its Flagship Fund CI V, have announced that the Federal Energy Regulatory Commission (FERC) has issued a 40-year licence for the Goldendale energy storage project in Washington. Once operational, the closed-loop hydropower pumped storage project (PSP) is designed to store electricity for up to 12 hours and deliver 1,200 MW of on-demand power.

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