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European Commission Unveils โ‚ฌ25 Billion T-MED Initiative to Drive Clean Energy Across the Mediterranean

The European Commission has unveiled a sweeping new programme called T-MED, designed to channel up to โ‚ฌ25 billion in expected investments toward clean energy development across the Mediterranean region by 2035. The initiative targets the acceleration of renewable energy,...

Italy Receives EU Green Light for โ‚ฌ23B Clean Power Programme

Italy has secured approval from the European Commission for a โ‚ฌ23 billion state aid scheme aimed at expanding renewable electricity generation across the country. The Clean Power Programme is designed to accelerate Italyโ€™s energy transition and support the achievement...

Chile Energy Auction 2026 Sets Renewable Power Supply Terms

Chile's National Energy Commission has moved forward with establishing the framework for the 2026/01 power supply tender, formally approving the preliminary bidding terms for what represents a significant procurement process in the country's energy sector. The tender mechanism, while...

Masdar Acquires Nearly Half of Repsol’s Spanish Renewable Energy Portfolio for โ‚ฌ849 Million

Masdar has completed the acquisition of a 49.99% stake in Repsol's Spanish renewable energy portfolio through a โ‚ฌ849 million ($980.2 million) transaction. The portfolio encompasses 705MW of operational renewable capacity distributed across wind and solar installations that commenced full...

Bangladesh Strengthens Solar Power Incentives Until 2035

Bangladesh has unveiled a broad package of measures aimed at accelerating renewable energy deployment, introducing a zero per cent tax rate for the solar power sector through 2035 and offering a 5% rebate on payments made by consumers for...

France Launches 10GW Offshore Wind Projects Tender Round

Franceโ€™s energy ministry is set to open tendersย  for offshore wind developments totaling 10 gigawatts, with most of the proposed capacity located along the countryโ€™s western coastline. The initiative marks one of the largest renewable energy procurement efforts undertaken...

EU Carbon Market Reform Seeks to Stabilize Permit Prices

The European Union is working on the design of a new funding mechanism valued at about โ‚ฌ30 billion to support its clean-energy transition while avoiding disruption to the blocโ€™s carbon trading system. The proposed instrument, based on 400 million...

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