Australia’s ambitious plans to become a global leader in green hydrogen production are facing significant challenges [1] as the country approaches its upcoming elections. According to project ratings agency HySights Pte Ltd, the outlook for Australia’s green hydrogen sector has soured, with the ratings of six key projects dropping an average of two bands since […]
Masdar, TAQA, and Eni have signed an agreement to support the tripartite initiative [1] between the UAE, Italy, and Albania as a move towards enhancing cross-border renewable energy collaboration. The agreement was signed in the presence of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Italian Prime Minister Giorgia Meloni during Abu […]
The Industrial Development Bank of Türkiye (TSKB) has secured a €50 million loan from the OPEC Fund [1] for International Development (OPEC Fund) to support the growth of Turkey’s renewable energy sector. This financing agreement, the first collaboration between TSKB and the OPEC Fund, aims to accelerate Turkey’s transition to a low-carbon economy by funding […]
Saudi Arabia is making significant strides towards its ambitious goal of generating 50% of its energy from renewable sources [1] by 2030. This initiative is a key component of the Kingdom’s Vision 2030, which aims to diversify the economy and reduce its dependence on oil. The Saudi Green Initiative, launched by Crown Prince Mohammed bin […]
The Gulf Cooperation Council (GCC) region is witnessing a surge in electricity investment, driven by ambitious renewable energy targets, according to a recent report by Fitch Ratings [1]. The report highlights that the growth in investment is primarily supported by the GCC’s commitment to increasing the share of renewable energy and improving the efficiency of […]
Positive Zero, the Middle East’s leading decarbonization and energy transition provider, has reported record growth over the past year [1]. Since aligning with BlackRock, the world’s largest asset manager, in December 2023, Positive Zero has doubled its earnings and nearly tripled its capital expenditure on projects. The company says that they have significantly expanded its […]
Masdar, the UAE’s leading clean energy company, is in discussions to expand its portfolio [1] of 24/7 ‘baseload’ green power plants. This move follows the successful launch of the world’s first large-scale project combining solar power and battery storage, capable of delivering uninterrupted renewable energy around the clock. The groundbreaking project, located in Abu Dhabi, […]
Oman is making significant strides in its renewable energy sector, with plans to launch ten new projects between 2027 and 2029 [1], targeting a combined capacity of around 2,300MW. This ambitious move is part of the sultanate’s broader efforts to diversify its energy mix and reduce reliance on fossil fuels, aligning with Oman Vision 2040, […]
The UAE’s renewable energy sector, the Dubai Electricity and Water Authority (DEWA) has announced that its pumped-storage hydroelectric power plant in Hatta will begin exporting clean energy [1] to Dubai in April 2025. This project, which is the first of its kind in the GCC region, is set to contribute to Dubai’s clean energy goals […]
In a significant move to bolster Egypt’s renewable energy infrastructure, UAE-based Amea Power has signed an agreement [1] with the Egyptian Electricity Transmission Company (EETC) to develop two independent battery storage facilities. These facilities, with a combined capacity of up to 1,500 megawatt-hours (MWh), are set to play a crucial role in stabilizing the national […]
The UK government has cast uncertainty over the future of GB Energy [1], the state-owned green energy company, by declining to confirm future funding commitments. The Treasury’s decision to withhold affirmation of the promised £8.3 billion ($10.5 billion) funding package has raised concerns about the company’s ability to achieve its ambitious goals. GB Energy, established […]
New Hampshire lawmakers have passed two bills [1] that could see the state stepping back from its renewable energy commitments amid rising power prices. The legislation, House Bill 504 and House Bill 682, aims to prioritize affordability and efficiency by emphasizing market-driven energy sources, including fossil fuels. House Bill 504 updates the state’s energy policy […]
TrinaTracker, a global leader in smart solar tracking solutions and a subsidiary of Trinasolar Co. Ltd, has announced the opening of a new manufacturing facility [1] in Saudi Arabia. The factory, named Trina Tracker for Renewable Energy, is set to begin operations in the first quarter of 2025 and will have an annual production capacity […]
Dubai, UAE – Dubai Electricity and Water Authority (DEWA) is making significant strides in advancing renewable water desalination [1] with the construction of the Hassyan Seawater Reverse Osmosis (SWRO) Plant. This state-of-the-art facility, part of DEWA’s strategy to enhance water security using sustainable sources, is set to become the world’s largest SWRO plant. The Hassyan […]
In a significant move towards bolstering its renewable energy sector, the Ethiopian government has signed a Memorandum of Understanding [1] (MoU) with the African Trade Insurance Agency (ATIDI). This agreement aims to facilitate foreign investment in Ethiopia’s renewable energy projects through ATIDI’s Regional Liquidity Support Facility (RLSF), thus accelerating the country’s transition to clean energy. […]
Adani Green Energy has decided to withdraw from its $1 billion wind power project [1] in Sri Lanka, citing ongoing regulatory challenges and tariff disputes. The decision came after the company had already invested approximately $5 million in predevelopment activities for the project. The project, which aimed to develop 484 MW of wind power plants […]
Chinese batteries and electric vehicles, BYD Energy Storage has officially signed contracts [1] with the Saudi Electricity Company (SEC) to deliver a massive 12.5 gigawatt-hours (GWh) of battery energy storage systems (BESS) across five sites in Saudi Arabia. This deal marks the world’s largest grid-scale storage deployment to date. The project supports Saudi Arabia’s Vision […]
Danish renewable energy developer GreenGo Energy has signed an agreement with the Mauritanian government [1] to develop a 6-gigawatt (GW) green hydrogen project, granting GreenGo Energy access to more than 100,000 hectares of land near Nouakchott. The deal, signed by Minister of Energy and Petroleum Mohamed Khaled and GreenGo Energy CEO Karsten Nielsen, grants GreenGo […]
Abu Dhabi Future Energy Company (Masdar), the UAE’s clean energy leader, TotalEnergies, and EPointZero, the decarbonization arm of 2PointZero, have signed a Framework for Action (FFA) agreement [1] to drive access to clean energy in emerging markets and developing economies in Africa and Asia. The agreement was signed at the third plenary meeting of the […]
Abu Dhabi-based Emirates Water and Electricity Company (EWEC) has announced a Request for Proposals (RFP) for the development [1] of the Al Sila Wind Independent Power Project (IPP), aiming to significantly boost the UAE’s renewable energy capacity. Located near the existing utility-scale wind farm in Al Sila, this project is set to generate up to […]
Trinasolar, a photovoltaic (PV) technology company [1], is making significant strides in the renewable energy sector across the Middle East and Africa (MEA) region, thanks to its innovative solutions and strategic initiatives. Trinasolar has introduced groundbreaking products specifically designed to tackle the unique challenges posed by the region’s harsh climatic conditions. The Vertex N 630W […]
ACWA Power, a Saudi Arabia based leading developer of power and water solutions, has signed several key agreements [1] with Saudi Aramco to drive renewable energy and innovation in Saudi Arabia. These agreements were announced during ACWA Power’s flagship Innovation Days 2025 event in Riyadh. The partnerships focus on advancing renewable energy deployment and green […]
China has announced a significant policy shift [1], allowing market forces to determine the prices of renewable electricity. The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have agreed to scrap fixed pricing on renewable power, enabling electricity generated by renewables to be freely traded. This move is aimed at modernizing […]
South Africa’s mining industry is undergoing a significant transformation with the introduction of Discovery Green [1], a renewable energy trading platform under the financial services group Discovery. This innovative platform is set to provide large-scale renewable energy solutions to the mining sector, addressing rising electricity costs, carbon taxes, and the need for energy security. Unlike […]
The Global Renewables Alliance (GRA) has called on governments worldwide [1] to provide clear policy signals to boost investment in renewable energy. The GRA emphasized the need for specific and actionable renewable energy targets to achieve the global goal of tripling renewable energy capacity by 2030. During a press conference at the International Renewable Energy […]
Salah Abdel Kerim, Chairman of the Egyptian General Petroleum Corporation (EGPC), recently chaired a meeting of the Energy Transition Committee [1] to discuss the progress of the corporation’s renewable energy projects. During the meeting, Abdel Kerim emphasized the strategic necessity of transitioning from fossil fuels to renewable energy sources to ensure the sustainability and competitiveness […]
Somalia has launched a competitive tender [1] for a 55 MWp solar power plant with a 160 MWh battery energy storage system (BESS). The Ministry of Energy and Water Resources announced the tender, aiming to transform the country’s energy landscape and reduce its heavy reliance on diesel generators. The project, funded by the World Bank […]
The Gulf Cooperation Council (GCC) nations have announced a major investment of $100 billion in renewable energy [1] by 2030. This ambitious plan aims to significantly reduce carbon emissions by up to 20% and position the GCC as a key player in global sustainability efforts. The announcement was made during the 43rd meeting on ‘Future […]
Technology group Wärtsilä has launched its next-generation 46TS engine[1], designed to balance renewable energy sources and enhance power plant performance. The 46TS large-bore engine evolved from the successful Wärtsilä 50 engine platform, which has delivered over 55 million running hours worldwide since 2008. The 46TS engine is built to provide highly efficient baseload power and […]
New York Governor Kathy Hochul recently announced that the New York Power Authority (NYPA) has approved economic development awards [1]to 20 firms, resulting in over $940 million in capital investments and the creation of 1,774 jobs across the state. The awards include low-cost hydropower allocations under the ReCharge NY program, which will provide nearly 7.2 […]
In a notable development for former President Donald Trump and his administration’s stance on energy policies, oil giant Shell has announced its decision to withdraw [1] from the Atlantic Shores Offshore Wind Project located off the coast of New Jersey. This decision follows an executive order issued by Trump that temporarily halts offshore wind lease […]
Singapore-based Sembcorp Industries has made a strategic move to expand its renewable energy footprint [1] in Southeast Asia by entering the Philippine market. Through its wholly-owned subsidiary, Sembcorp Energy Philippines, the company has acquired Puente Al Sol Inc., a solar project developer, for approximately S$105 million. The acquisition will be funded through a combination of […]
Oman is gearing up to harness its renewable energy potential to power its Artificial Intelligence (AI) initiatives [1], according to the Ministry of Transport, Communications, and Information Technology. Eng. Said bin Hamoud al Maawali, the Minister, emphasized the importance of preparing for the expected surge in electricity demand driven by AI, which is projected to […]
Norway’s Equinor has announced a reduction in its renewable energy targets [1] for 2030, citing challenging market conditions. The company now aims for an installed capacity of 10-12 gigawatts (GW) by 2030, down from its previous target of 12-16 GW. This decision follows similar moves by other European energy firms like BP and Shell, which […]
Saudi Arabia’s aid agency King Salman Humanitarian Aid and Relief Center (KSrelief), in collaboration with the United Nations Development Programme (UNDP), has launched a new project in Aden, Yemen.[1] The program aims in empowering Yemeni women through renewable energy, by providing them with tools to generate income and strengthen their role in society. The initiative […]
USA’s Amazon and Iberdrola have announced an expansion of their global renewable energy partnership [1], adding 476 megawatts (MW) of renewable energy power purchase agreements (PPAs) in Portugal and Spain. This marks Amazon’s first renewable energy projects in these countries, furthering their commitment to achieving net-zero carbon emissions by 2040. The new PPAs include a […]
The OPEC Fund for International Development (OPEC Fund) and the Islamic Republic of Mauritania have signed a landmark Country Partnership [1] Framework Agreement. The agreement, spanning from 2025 to 2027, earmarks US$120 million in new development financing to support Mauritania’s key development priorities. The funding will finance critical projects promoting renewable energy, clean water, food […]
In a significant move towards sustainable energy, state-owned Oil India Limited (OIL) has officially established a wholly-owned subsidiary [1] called Oil Green Energy Limited. This new subsidiary is dedicated to spearheading renewable energy initiatives, including geothermal, wind, hydro, solar, tidal, and waste energy projects. The announcement was made via a disclosure submitted to the Bombay […]
In a significant move towards achieving its Net Zero goals, Oman’s Ministry of Energy and Minerals has introduced a new policy framework [1] aimed at fostering investments in energy storage. The policy, known as the “Electricity Self-Generation, Direct Sales, and Wheeling Policy,” is designed to promote the growth of integrated renewable energy capacity, including generation, […]
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have significantly scaled up their support for Serbia’s transition to clean energy [1]. The two entities are jointly funding the reconstruction of the Vlasinske hydropower cascade, a critical step in modernizing Serbia’s energy infrastructure. The EBRD is providing a loan of up to €67 […]
Ørsted, the world’s leading offshore wind developer, has announced the replacement of its CEO [1], Mads Nipper, amid challenging times for the wind power industry. Nipper, who took over as CEO in January 2021, will step down on February 1, 2025, and will be succeeded by Rasmus Errboe, the current deputy CEO and chief commercial officer. The […]
The Middle East and North Africa (MENA) region is projected to attract over $1 trillion [1]in renewable energy investments by 2030, according to Mark Thomas, Group CEO of Bapco Energies. This announcement was made during the third edition of the Sustainability Forum Middle East, held in Bahrain. The forum, which drew over 400 regional and international decision-makers, […]
Italy and Tunisia have taken a significant step towards enhancing their energy cooperation with the signing of the Elmed energy link project [1]. This ambitious initiative aims to connect the electricity grids of the two countries through a 200-kilometer high-voltage direct current (HVDC) submarine cable. The Elmed project, with a total cost of €920 million, is co-financed […]
Morocco has announced plans to invest $3 billion [1] over the next five years in various power projects aimed at expanding its electricity network and increasing the share of renewable energy. The announcement was made by Tarik Hammane, Director General of the National Office of Electricity and Drinking Water, during a local energy seminar in Casablanca. The […]
According to the recent Economic Survey [1] in India for 2024-25, renewable energy now constitutes approximately 47% of India’s total installed power capacity. The country’s renewable energy capacity grew by 15.8% year-on-year, reaching 209.4 GW by December 2024, up from 180.8 GW in December 2023. The survey highlights a growing dependence on cleaner, non-fossil fuel-based energy sources. […]
In a significant move towards sustainable energy, Meta and Zelestra have announced the signing of four new Environmental Attribute Purchase Agreements (EAPAs) [1] in Texas. These agreements, totaling 595 MWac, will enable the construction of four solar projects with a combined capacity of 720 MWdc. The projects are set to be located in Hopkins, Lamar, Lampasas, and […]
The Norwegian government has collapsed following a heated dispute [1] over EU-mandated renewable energy policies. The Centre Party, known for its eurosceptic stance, withdrew from the coalition government on January 30, 2025, leaving Prime Minister Jonas Gahr Støre’s Labour Party to govern alone for the first time in 25 years. The conflict arose from the European Union’s […]
South Sudan has taken a significant step towards sustainable energy with the launch of its first major renewable energy project [1]. The Ezra Group, a family-run conglomerate based in South Sudan, announced the successful launch of a 20-Megawatt (MW) solar power plant and a 14-Megawatt-hour (MWh) Battery Energy Storage System (BESS) in the capital city […]
Dubai Electricity and Water Authority (DEWA) celebrated two events [1] on January 26, 2025, to mark the International Day of Clean Energy on the 26th of January at DEWA’s Sustainability and Innovation Centre, located within the Mohammed bin Rashid Al Maktoum Solar Park. The two events were organized in collaboration with the Ministry of Climate […]
DSV, a global logistics leader, celebrated the launch of its first renewable energy [1]assets at its Landskrona warehouse facilities in Sweden. This strategic move signifies a milestone in DSV’s journey toward achieving net-zero CO2 emissions by 2050. The new facilities feature more than 100,000 square meters of rooftop solar panels, which generate 14 MWp of […]
Italy’s Cimbali Group, well known for it manufacturing of espresso machines, has embarked on an ambitious renewable energy [1] project at its Dolo facility in Italy. This new initiative underscores the company’s commitment to sustainability and its ongoing efforts to reduce its environmental footprint. The project involves the installation of 460 photovoltaic modules with a […]
TRENDS Research & Advisory has launched a comprehensive study titled “The Future of Renewable Energy: Financing Challenges and Prosperity Opportunities”[1]. This study was unveiled during TRENDS’ second participation in the World Economic Forum in Davos. The study aims to address critical issues related to renewable energy, including financial challenges and promising opportunities, with the goal […]
Egypt has set an ambitious target [1] to produce nearly 16,100 megawatts (MW) from renewable energy sources by 2029, as part of its drive to reduce reliance on conventional power generation and save its hydrocarbon resources. This target includes 6,600 MW currently produced from solar, wind, and water projects, with new projects expected to boost […]
CleanMax, a Brookfield-supported renewable energy provider, has secured USD 27 million in long-term credit from HSBC [1] to fund and develop 92 onsite solar assets in the UAE. These projects will be implemented across various industrial sites, malls, schools, and universities. The financial agreement includes an additional uncommitted AED 37 million (USD 10 million) to […]
Lesotho’s King Letsie III has embarked on an ambitious mission [1] at the World Economic Forum in Davos, Switzerland, to promote his country’s green energy initiatives. Lesotho is a landlocked mountain kingdom in Southern Africa. King Letsie III urged global business and political leaders to invest in Lesotho’s renewable energy projects at Davos. In an […]
During the 2025 World Economic Forum [1] in Davos, Egyptian Minister of Planning and Economic Development, Rania Al-Mashat, and Samaila Zubairu, CEO of the Africa Finance Corporation (AFC), held a significant meeting to discuss renewable energy investments. As co-chairs of the Mobilising Investment for Clean Energy in Emerging Economies (MICEE) network, they focused on mobilizing […]
Hours into his second presidency, USA’s 47th President Donald Trump has signed a series of executive orders that significantly impact the renewable energy sector [1] in the United States. These orders mark a shift in energy policy, focusing on expanding fossil fuel production and rolling back previous climate initiatives. Renewable energy companies have reacted with […]
In a landmark step towards advancing sustainability, Coca-Cola Al Ahlia Beverages Company, in collaboration with Emerge – a joint venture between UAE’s Masdar and France’s EDF Group, inaugurated a 1.8-megawatt solar power plant at its production facility in Al Ain. The project marks a significant milestone [2] in Coca-Cola Al Ahlia Beverages Company’s commitment to […]
PowerGen Renewable Energy [1], in collaboration with leading international investors, has launched a scalable renewable energy platform aimed at deploying 120 MW of renewable power and battery energy storage solutions across Africa. The initiative is poised to provide clean and reliable electricity to underserved communities, transforming socio-economic conditions across the continent. The platform is supported […]
Albania, Italy, and the United Arab Emirates (UAE) have signed a tripartite strategic partnership [1] agreement on renewable energy and energy infrastructure. The agreement was signed in Abu Dhabi during the Abu Dhabi Sustainability Week, in the presence of UAE President Mohamed bin Zayed al Nahyan, Italian Prime Minister Giorgia Meloni, and Albanian Prime Minister […]
A new report released by the Middle East Solar Industry Association [1] (MESIA) during the World Future Energy Summit 2025 in Abu Dhabi highlights the UAE’s leadership in the regional solar energy sector. The report, titled “Solar Outlook Report 2025,” outlines the rapid growth of solar energy in the Middle East and North Africa (MENA) […]
In a significant move towards enhancing clean energy access across Africa, the African Development Bank (AfDB), PowerGen Renewable Energy, and several international partners have launched a transformative renewable energy platform. This initiative aims to deploy 120 MW of renewable power, including battery energy storage solutions, across the continent. The platform is a collaboration between PowerGen, […]
The United Arab Emirates-based clean energy firm Masdar has signed a $15 billion landmark deal [1] with the Philippines to develop up to 1 gigawatt (GW) of renewable energy projects by 2030. This agreement, signed during the Abu Dhabi Sustainability Week 2025, aims to support the Philippines’ goal of increasing the share of renewable energy […]
The United Arab Emirates’ state-owned renewable energy company, Masdar, has announced a groundbreaking $6 billion project [1] aimed at delivering reliable clean power. The project, unveiled during Abu Dhabi Sustainability Week, is designed to generate 1 gigawatt (GW) of uninterrupted renewable energy. Sultan Al Jaber, chairman of Masdar and UAE Minister of Industry and Advanced […]
Saudi Arabia’s ACWA Power has made a significant move into China’s renewable energy market with two major agreements worth $312 million [1]. These agreements mark a substantial step in ACWA Power’s global expansion strategy and highlight its commitment to supporting China’s clean energy transition. The first agreement involves a 132-megawatt solar photovoltaic (PV) portfolio in […]
Suhail Al Mazrouei, the UAE Minister of Energy and Infrastructure, recently announced that the UAE has become the fastest-growing clean energy market in the region [1]. Speaking at Abu Dhabi Sustainability Week, Al Mazrouei emphasized the UAE’s leading role in clean and renewable energy, which is crucial for stabilizing global energy markets and driving sustainable […]
Germany is taking a significant step towards renewable energy with the installation of solar systems [1] along motorways near the Garzweiler open-pit lignite mine in North Rhine-Westphalia. The Garzweiler open pit mine has been operational for over a century and is expected to continue functioning until 2045. However, the mine’s future land use and reclamation […]
Illinois lawmakers passed a bill aimed at boosting the development [1] of renewable energy generation. The legislation, which passed the Senate 39-16 and the House 74-39, is seen as a crucial step towards addressing the state’s clean energy goals. However, critics argue that the bill was only a fraction of the version of what they […]
During the 15th International Renewable Energy Agency (IRENA) Assembly held in Abu Dhabi, Her Excellency Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, emphasized the UAE’s commitment [1] accelerating the global energy transition. In her address, Dr. Al Dahak highlighted the UAE’s ambitious targets, including doubling its clean and renewable […]
Arizona Public Service Company (APS), the largest electric utility in the state, has secured a conditional commitment [1] for a loan guarantee of up to $1.81 billion from the U.S. Department of Energy’s Loan Programs Office (LPO). This loan will fund investments in new or upgraded transmission projects, renewable power generation, and grid-integrated energy storage […]
The International Renewable Energy Agency (IRENA) has issued a stern warning [1] that the world is currently off track in meeting its renewable energy targets. Despite a record surge in renewable energy capacity in 2023, the current growth rate is inadequate to achieve the ambitious goal of tripling this capacity by 2030—a target crucial for […]
Silfab Solar Inc., a leading manufacturer of high-performance PV modules, has announced a multi-year partnership with Pivot Energy [1], a national renewable energy provider. The agreement entails Silfab supplying 350 megawatts (MW) of commercial PV modules over a two-year period, starting in the second quarter of this year. The partnership is part of Silfab’s strategy […]
SPR (Solar Panel Recycling.com) has unveiled the first automated recycling line [1] designed specifically for bifacial solar panels in the United States. This innovative technology promises unprecedented efficiency, achieving clean glass separation at 99% or higher recovery rates. Bifacial modules, expected to dominate over 70% of the global market by 2033, are favored for their […]
As part of Egypt’s broader strategy to harness its mineral wealth and reduce reliance on fossil fuel electricity sources, they are set to prioritize mining and renewable energy projects [1] in 2025. The country’s Petroleum and Mineral Resources Minister, Karim Badawi, announced these plans during a session in Egypt’s Senate, emphasizing the launch of a […]
President-elect Donald Trump has made his intention clear [1], to halt the construction of wind turbines during his upcoming term. This policy, if implemented, could jeopardize billions of dollars in planned wind projects. Trump made this declaration during a press conference at his Mar-a-Lago resort in Florida, where he criticized wind power as being expensive […]
Enlight Renewable Energy announced the successful completion [1] of its flagship Atrisco Solar & Energy Storage project located outside Albuquerque, New Mexico. The project, which includes a 364 MW solar generation unit and 1.2 GWh of energy storage capacity, reached full commercial operation in November 2024. The Atrisco project is now the largest battery storage […]
Starting January 1, 2025, Chicago has successfully transitioned [1] its city buildings to 100% renewable energy. This includes over 400 municipal buildings, such as O’Hare International Airport, Midway International Airport, City Hall, 98 fire stations, 81 library locations, and 25 police stations. The city’s real estate portfolio also includes two of the largest water treatment […]
The North American Electric Reliability Corporation (NERC) has warned about the urgent need for new energy resources over the next decade. According to NERC’s 2024 Long-Term Reliability Assessment [1] (LTRA), more than half of North America is at elevated or high risk of energy shortfalls in the next five to ten years. The report highlights […]
AMEA Power, a rapidly growing renewable energy company based in the UAE, has been awarded two significant Battery Energy Storage System (BESS) projects in South Africa [1] through a competitive bidding process. The projects, named Gainfar and Boitekong, are located in the North West Province and each will have a capacity of over 300 megawatt-hours […]
A high-ranking delegation as part of the ‘Maldives Executive Leadership Programme’ [1] visited DEWA’s Sustainability and Innovation Centre at the Mohammed Bin Rashid Al Maktoum Solar Park. The delegation included key officials such as ministers and deputy ministers from Maldives. They were introduced to DEWA’s initiatives in sustainability, clean energy, and renewable energy projects. The […]
Indian Railway Finance Corporation (IRFC) shares surged by 3% following the signing of a Memorandum of Understanding [1] (MoU) with Railway Energy Management Company Ltd (REMCL). This MoU aims to finance renewable energy projects to supply power to Indian Railways. The collaboration between IRFC and REMCL, a joint venture between the Ministry of Railways and […]
The Dubai Electricity and Water Authority (DEWA) has established the Sustainability and Innovation Centre [1] at the Mohammed bin Rashid Al Maktoum Solar Park to promote Dubai’s position as a global hub for clean energy and sustainable technology. The Centre offers a range of scientific and professional programs, training courses, and interactive competitions in collaboration […]
Taiwan has set an ambitious target [1] to reduce greenhouse gas emissions by 30% by 2030, up from the previous goal of 23-25%. The Environment Ministry announced this upgraded target, aiming for a reduction range of 26-30% from 2005 levels. Taiwan’s Environment Minister Peng Chi-ming addressed the wider margin of error stating that it was […]
Saudi Arabia’s ACWA Power has successfully secured $703 million [1] (SR2.63 billion) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez governorate. The funding was sourced from a consortium of international financial institutions, including the European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), British International Investment, […]
The New Jersey offshore wind project, Leading Light Wind, is seeking a second delay due to ongoing supply chain challenges [1]. The project, a collaboration between Chicago-based Invenergy and New York-based energyRE, aims to build up to 100 turbines 40 miles off Long Beach Island, enough to power 1 million homes. The developers have struggled […]
The U.S. Department of Energy has initiated an environmental impact assessment [1] for the proposed Northwest Hydrogen Hub, which was selected as one of seven regional hydrogen hubs in a nationwide competition last year. The assessment aims to evaluate potential environmental risks associated with developing hydrogen projects in the region, which includes Washington, Oregon, and […]
A newly formed American-owned and operated solar cell and module manufacturer, NuVision Solar, has announced its entry into the US market [1]. The company plans to establish a manufacturing facility in West Palm Beach, Florida, with an annual production capacity of 2.5 gigawatts (GW) of heterojunction technology (HJT) solar cells and modules. NuVision Solar aims […]
Indonesia is taking significant strides towards achieving energy self-sufficiency, not just in oil and gas, but also in renewable energy. The country’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that Indonesia is implementing [1] strategic measures to boost renewable energy capacity significantly in the coming years. One of the key initiatives is the […]
Spain-based Brenmiller Europe S.L., a joint venture established to accelerate the commercial rollout of bGen™ thermal energy storage technology across Europe, has appointed Emilio Lopez [1] as its new Board Chairman. Emilio Lopez brings over 25 years of executive leadership experience in the renewable energy and energy efficiency sectors. His extensive expertise spans multiple countries, […]
Vietnam has recently enacted a new Electricity Law [1], which will take effect on February 1, 2025. This law aims to address the challenges faced by Vietnam’s energy sector and create a robust legal framework to support the development of renewable energy. The previous law, which had been in effect for nearly 20 years, was […]
Bilfinger, a leading industrial services provider, has partnered with Cerulean Winds [1] to spearhead the North Sea’s renewable energy transition. Bilfinger will serve as the operations and maintenance (O&M) partner, bringing decades of experience in development planning and a deep understanding of the offshore energy sector. The collaboration focuses on the development of three floating […]
The Emirates Water and Electricity Company (EWEC) has obtained approval to develop [1] four new sites in Abu Dhabi, covering approximately 75 square kilometers, for solar photovoltaic (PV) and wind energy projects. These sites will feature three solar PV plants in Al Faya, Al Khazna, and Al Zarraf, and one wind farm in Sila. This […]
President-elect Donald Trump has expressed strong opposition to offshore wind [1], promising to halt these projects “on Day 1” of his term. This stance threatens the timelines set by eight states—Connecticut, Maine, Maryland, Massachusetts, New York, North Carolina, Rhode Island, and Virginia—that have passed mandates to achieve specific offshore wind power targets. Massachusetts state Sen. […]
Vestas announced [1] a significant order from SSE Generation Limited for the Strathy South wind energy project in Scotland. The order includes the supply, delivery, installation, and commissioning of 35 V162-6.2 MW wind turbines, marking the first deployment of this turbine model in the UK. James Robinson, Vestas UK Country Manager and Sales Director for […]
Solarstrom Grebs GbR, a German private investment company, has announced an ambitious plan to transform unused land [1] into a state-of-the-art solar installation in Brandenburg. This project aims to install a 922 kW community solar farm on 0.7 hectares of previously unused land, providing clean and affordable energy to approximately 250 households in the local […]
Fervo Energy, a leader in next-generation geothermal development, has announced securing an additional $255 million in funding and capital availability [1]. This funding will support the construction of the world’s largest enhanced geothermal systems (EGS) power development. The funding includes $135 million in corporate equity led by Capricorn’s Technology Impact Fund II, along with new […]
Nozomi Energy has announced its largest acquisition to date [1], consisting of 12 operational solar projects with a combined capacity of 312 MW. Nozomi Energy is a Japan-focused renewable energy platform established by Actis. This acquisition brings Nozomi Energy’s total installed capacity to over 400 MW within 18 months of its launch. This progress positions […]
Nexamp, a leading developer of community solar projects, has partnered once again with Walmart to develop 31 new community solar projects [1] across five states in the United States: Maine, Massachusetts, New York, Illinois, and Minnesota. This partnership aims to generate over 120 megawatts (MW) of renewable energy, providing substantial benefits to local communities. The […]
Researchers at the Centre for Material Forming at PLS University in Sophia Antipolis in France, have proposed a unique numerical decision-making framework to protect solar panels from extreme weather conditions. This innovative method combines advanced wind simulations with artificial intelligence and machine learning to optimize individual solar panel angles under strong winds. Unlike previous methods, this […]
