Renewable Energy

The Asian Development Bank (ADB) and Uzbekistan have signed a $200 million loan agreement to modernise the country’s electricity distribution networks. The funding will support power grid modernisation, reduce electricity losses and improve supply reliability amid rising demand. The...

Vattenfall has entered into a tolling agreement with Royal Vopak to access 100 MW/400 MWh of capacity at a planned battery energy storage facility near Meeden in Groningen, the Netherlands. The arrangement will enable Vattenfall to use the storage...

Enery, an independent power producer operating across Central and Eastern Europe, has signed a long-term physical power purchase agreement (PPA) with Coca-Cola HBC Bulgaria to supply renewable electricity from its Knizhovnik hybrid power plant in southern Bulgaria. The facility...

Saudi Arabia has signed three memoranda of understanding with Kuwait, Qatar and Egypt to expand energy cooperation across the sector, the Saudi Press Agency reported. Energy Minister Prince Abdulaziz bin Salman signed the agreements with his counterparts on Sunday....

South African state-owned electricity company Eskom has launched a process to select strategic partners to finance and develop up to 6 GW of renewable energy and battery storage projects by 2030. The initiative aims to expand electricity generation capacity...

South Korea has unveiled a 1,000 trillion won ($747 billion) energy transition and decarbonisation strategy through 2035, aiming to expand renewable energy, transform heavy industry and create new sources of economic growth. The Korea-Green Transformation (K-GX) plan includes 200 trillion...

The European Commission has officially designated three new initiatives, including a significant hybrid installation connecting Poland and Germany, as priority infrastructure under its cross-border renewable energy status (CB RES). This framework, originally established in 2021, is designed to facilitate...