Tag: solar energy

State of Energy Transition in Bangladesh and Pakistan

State of Energy Transition in Bangladesh and Pakistan

March 9, 2026 | ,

For Bangladesh, the next phase of the energy transition will be shaped not only by domestic policy, but by regional energy flows, costs, and infrastructure. The immediate task is to scale clean capacity while managing near-term energy security risks. Pakistan’s RE landscape is evolving rapidly, driven by shifting policies, rising consumer adoption, and growing private sector interest. Hydropower remains the largest renewable source in RE generation, supplying over 11.5 GW, followed by 2.4 GW of wind and about 1.4 GW of utility-scale solar.

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Australia’s Energy Shift: AEMO publishes draft 2026 Integrated System Plan

Australia’s Energy Shift: AEMO publishes draft 2026 Integrated System Plan

March 2, 2026 | ,

To efficiently manage the long-term power system development, the Australian Energy Market Operator (AEMO), in December 2025, released the draft 2026 Integrated System Plan (ISP). The draft 2026 ISP reaffirms that renewable energy, connected by transmission and distribution, firmed with storage and backed up by gas, remains the least-cost pathway to supply secure and reliable electricity as coal retires through 2050. Translating this plan into reality requires coordinated action to overcome delivery constraints.

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Renewable Energy Developments in the MENA Region: Report

Renewable Energy Developments in the MENA Region: Report

February 27, 2026 | , ,

The deployment of renewable energy in the MENA region is accelerating at an unprecedented pace, driven by the competitiveness of solar and wind technologies. The region’s operational capacity has surged to 43.7 GW, with 34.5 GW coming from solar PV and 7.4 GW from wind. From a base of approximately 25 GWh in 2025, the region’s operational storage capacity is projected to expand six-fold by 2030, reaching over 156 GWh. A key driver is the fact that national grids are being prepared for large % of renewable energy over the coming years. 

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Nine units of Draco solar complex in Brazil begin operations 

Nine units of Draco solar complex in Brazil begin operations 

February 25, 2026 | , ,

Brazil’s Ministry of Mines and Energy has announced that nine plants at the Draco solar complex have commenced commercial operations. Located in Arinos, Minas Gerais, the project forms part of the New Growth Acceleration Programme (Novo PAC) of the Brazilian government. The complex represents an investment of over R$ 2.4 billion and is designed to supply electricity to more than 500,000 homes.

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EIB funds three solar projects in Romania

EIB funds three solar projects in Romania

February 18, 2026 | ,

The European Investment Bank (EIB) has committed approximately €34 million to support the construction and operation of three solar projects in southwestern Romania. The projects will have a combined capacity of 190 MW and are expected to generate enough electricity to supply more than 160,000 households. They will be located in the Olt and Dolj counties in the Oltenia region, near the Danube river and the Bulgarian border. 

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Global Electricity Trends and 2030 Forecast: Report

Global Electricity Trends and 2030 Forecast: Report

February 13, 2026 | , , , ,

Global electricity demand is forecast to increase at a brisk average annual rate of 3.6% over the 2026-2030 forecast period, supported by rising consumption from industry, electric vehicles, air conditioning and data centres. Half of the world’s electricity is forecast to come from renewables and nuclear by 2030. Although coal generation is set to lose ground globally, it remains the single largest source of electricity in 2030. The Age of Electricity requires a fast and efficient expansion of grids and system flexibility.

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ib vogt divests 272 MWp Irish solar portfolio

ib vogt divests 272 MWp Irish solar portfolio

February 11, 2026 | , ,

ib vogt has completed the sale of a 272 MWp solar portfolio in Ireland for a total enterprise value of approximately €230 million. The portfolio comprises three utility-scale projects: Gaskinstown with a capacity of 94.7 MWp in County Meath, Rathnaskilloge with a capacity of 107.7 MWp in County Waterford, and Clonin North with a capacity of 69.4 MWp in County Offaly. The assets were developed by Highfield Solar, an ib vogt’s joint venture. 

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Revera Energy secures financing to develop projects across Australia and UK

Revera Energy secures financing to develop projects across Australia and UK

February 6, 2026 | , , , , ,

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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Avangrid begins operations of two solar projects in Oregon

Avangrid begins operations of two solar projects in Oregon

February 4, 2026 | , ,

Avangrid, Inc., a member of the Iberdrola Group, has commenced commercial operation of two solar projects in Wasco County, Oregon, namely Daybreak Solar and Bakeoven Solar. The two plants together provide a combined installed capacity of 269 MWdc, equivalent to 200 MWac. Daybreak Solar accounts for 189 MWdc, or 140 MWac; while Bakeoven Solar contributes 80 MWdc, or 60 MWac.

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European Electricity Review 2026: Report

European Electricity Review 2026: Report

January 30, 2026 | , ,

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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Nextpower Arabia to supply trackers for Bisha solar project

Nextpower Arabia to supply trackers for Bisha solar project

January 29, 2026 | , ,

Nextpower Arabia, a joint venture (JV) between Nextpower and Abunayyan Holding, will supply 2.25 GWp of solar tracking systems to Larsen & Toubro for the Bisha solar project in Saudi Arabia. The project is being developed by an ACWA Power-led consortium and was procured by the Saudi Power Procurement Company under Wave 6 of the National Renewable Energy Program administered by the Ministry of Energy.

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Chad’s Energy Transition Assessment: Report

Chad’s Energy Transition Assessment: Report

January 22, 2026 | , ,

Chad’s abundance of solar, wind, and biomass resources, alongside its strategic position for regional energy integration, are strategic assets that can be leveraged to facilitate the energy transition. Nonetheless, the country faces challenges in advancing its energy transition agenda. There is a critical need for enhanced capacity building across energy stakeholders to support Chad’s aspirations. The energy governance framework needs to be strengthened and complemented by policy instruments and initiatives to foster energy transition.

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Duke Energy commissions integrated green hydrogen system in Florida

Duke Energy commissions integrated green hydrogen system in Florida

January 9, 2026 | , ,

Duke Energy Florida has unveiled an integrated green hydrogen production, storage, and combustion system in Volusia County, Florida. The DeBary production storage system uses renewable energy from a 74.5 MW solar plant which powers two 1 MW electrolyser units. The system supplies hydrogen to a recently upgraded GE Vernova gas turbine that can run on natural gas-hydrogen blends of high percentage hydrogen.

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Ireland’s Energy Future: Report

Ireland’s Energy Future: Report

January 9, 2026 | , ,

This report assesses the outlook for Ireland’s energy security to 2035, drawing on international experience and detailed power system modelling developed with EirGrid, Ireland’s transmission system operator. There is a clear need to establish a unified cross-sectoral energy strategy to set a vision that guides this transition, supported by a detailed security study on the electricity supply mix. Ireland can build on its progress in power system transformation to set an example of secure integration of large shares of variable renewable generation while safeguarding energy security.

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Oman’s Green Ambitions: Scaling renewables and building a resilient national grid

Oman’s Green Ambitions: Scaling renewables and building a resilient national grid

January 5, 2026 | ,

Oman’s power sector is evolving rapidly, marked by substantial renewable energy deployment, large-scale transmission upgrades and a clear strategic vision underpinned by Vision 2040. The country’s forthcoming solar and wind projects, combined with the extensive grid reinforcements planned by OETC, including the landmark RABT interconnector, will enable Oman to integrate GWs of new clean capacity, strengthen nationwide system reliability, unlock resource-rich regions and meet growing demand across industrial and urban centres.

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EDPR sells 190 MWac Spanish solar portfolio to Prosolia Energy

EDPR sells 190 MWac Spanish solar portfolio to Prosolia Energy

December 31, 2025 | , ,

EDP Renováveis, S.A. (EDPR) has completed an asset rotation transaction involving the sale of a 100 per cent equity stake in a 190 MWac, or 229 MWdc solar portfolio in Spain.   The solar portfolio was sold to Prosolia Energy for an estimated enterprise value of about €0.16 billion. It comprises five operational solar power plants located across the regions of Andalucía and Castilla y León.  

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Japan’s Energy Transition: Balancing surging demand with decarbonisation ambitions

Japan’s Energy Transition: Balancing surging demand with decarbonisation ambitions

December 28, 2025 | ,

Japan is at a critical juncture in its energy transition. The country is pursuing an ambitious infrastructure expansion programme. Generation capacity is projected to expand from 327.27 GW in 2025 to 366 GW by 2034, driven almost entirely by solar and wind (accounting for 95 per cent of the total addition). To support grid stability amid rising variable generation, the country is witnessing unprecedented investment, not only in transmission but also in battery energy storage systems (BESSs), with at least USD2.6 billion committed to Japanese storage projects since December 2023.

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Masdar inks PPA for 200 MWac floating solar project in Malaysia

Masdar inks PPA for 200 MWac floating solar project in Malaysia

December 26, 2025 | , ,

Masdar has signed a power purchase agreement (PPA) to develop a 200 MW floating solar project at the Chereh dam in Pahang state, Malaysia. The project will be implemented by a consortium led by Masdar, along with Citaglobal and Tiza Global, and the agreement has been executed with Tenaga Nasional Berhad, Malaysia’s national utility company. The project was awarded under Malaysia’s Large Scale Solar Cycle 5+ programme. 

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OMV Petrom, CE Oltenia start construction of 550 MW solar parks in Romania

OMV Petrom, CE Oltenia start construction of 550 MW solar parks in Romania

December 23, 2025 | , ,

OMV Petrom and Complexul Energetic Oltenia (CE Oltenia) have commenced construction on their solar parks in Romania, which have a cumulative installed capacity of around 550 MW. TThe development comprises four solar parks that are located in Ișalnița, Tismana, and Rovinari.  OMV Petrom and CE Oltenia are developing the projects as equal partners, each holding a 50 per cent stake. They are scheduled to become operational in 2026. 

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Global Shifts: Key trends shaping world renewable energy markets

Global Shifts: Key trends shaping world renewable energy markets

December 22, 2025 |

So far, developing countries have led the efforts to scale up renewables and expand energy access. Central to this push, China’s rapid production of virtually every renewable technology has helped reduce prices and enable technology adoption across the world. Looking ahead, it is clear that only coordinated action through regional cooperation and technological diffusion is essential for building a secure global energy system. The question now is: how can countries chart their own paths towards decarbonisation while advancing domestic priorities. The way we address this challenge will shape the future of the energy transition itself.

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