News & Press Releases
America
Solar Power Costs Rise Amid Growing US Energy Demand
The financial advisory firm Lazard released an annual report on Monday indicating that the expense associated with constructing solar power projects in the United States has surged by 18% over the past year. This increase is attributed to a...
News & Press Releases
Türkiye Initiates Tenders for 900 MW of Solar Energy Projects
Türkiye’s Minister for Energy and Natural Resources, Alparslan Bayraktar, has officially declared a new series of renewable energy auctions under the Renewable Energy Resource Area (YEKA) program. This upcoming auction mechanism is set to facilitate 2.4 GW of fresh...
Asia
Oman Unveils Integrated Renewable Energy and Desalination Hub in Sohar
Oman is preparing to launch a comprehensive infrastructure platform in the coastal city of Sohar, designed to unify renewable power, water desalination, and green hydrogen production. This Sohar Integrated Energy initiative aims to bolster water security while providing a...
Asia
Thailand Unveils Four-Pillar Strategy to Boost Energy Storage Investment
Thailand’s Ministry of Energy has introduced a comprehensive four-pillar power strategy aimed at driving investment in energy storage, positioning it as a fundamental component of the country’s future electricity infrastructure. During the Energy Storage Summit Asia 2026 on July...
Asia
Singapore and Japan Strengthen Energy Market Cooperation
Singapore and Japan have formally entered into a strategic partnership to enhance the oversight of their respective power sectors. The Energy Market Authority (EMA) of Singapore and the Electricity and Gas Market Surveillance Commission (EGC) of Japan signed a...
Africa
Africa’s Grid Constraints Come into Focus as Regional Markets Push Toward Integration
Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity.
Yet, across the continent, grid systems are struggling to...
Europe
NextFloat Project Secures EIA Approval for Mediterranean Test Site
The PlemCat test site, situated within the LEBA 1 commercial area in the Spanish sector of the Mediterranean, has officially secured approval for the environmental impact assessment regarding the upcoming NextFloat project. This confirmation was formalized through a notice...
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