More than $80bn in overseas cleantech investments in one year reveal China’s strategy to export solar and battery overcapacity while bypassing Western trade barriers by establishing industrial operations across the Global South.
India’s nuclear capacity is expected to grow by more than 13,000 MW by 2032, driven by ongoing heavy water reactor construction, new regional projects and small modular reactor development by the Bhabha Atomic Research Centre.
India’s central authority has cancelled 6.3 GW of grid connections for renewable projects since 2022, marking a tightening of regulations and a shift in responsibility back to developers.
Japanese utility J-POWER has completed the upgrade of Unit 3 at its Okutadami plant, raising the capacity of the country’s largest conventional hydropower facility to 566MW.
Synera Renewable Energy Group has signed a long-term power purchase agreement with Taiwan Smart Electricity & Energy, securing a portion of generation from the Formosa 4 wind farm.
AGL has begun construction of a 500 MW battery storage system in Tomago, a project valued at AUD800mn ($530.8mn), in the Hunter region, with commissioning expected in 2027.
Mitsubishi HC Capital Energy and Ecokaku will develop 10 MW of non-subsidised solar power plants annually in Japan, targeting direct contracts with industrial buyers through long-term power purchase agreements.
Real estate group JALCO Holdings diversifies its activities by investing in a 2 MW/8.1 MWh battery energy storage system developed by Taoke Energy in Narita, Chiba Prefecture.
Tuas Power aims to eliminate coal in Singapore by converting its TMUC facility to biomass, marking a strategic shift in energy supply for Jurong Island’s industrial base.
The Brazilian government has been instructed to define within two months a plan for the gradual reduction of fossil fuels, supported by a national energy transition fund financed by oil revenues.
Brazil’s natural gas market liberalisation has led to the migration of 13.3 million cubic metres per day, dominated by the ceramics and steel sectors, disrupting the national competitive balance.
NextEra Energy has lifted its earnings estimates for 2025 and 2026, supported by power demand linked to long‑term contracts previously signed with Google and Meta to supply their artificial intelligence data centres with low‑carbon electricity.
Canadian company NU E Power plans to fund the development of its solar projects in Lethbridge and feasibility studies in Mongolia, Malaysia, and Africa through a $1.8mn private placement.
Citicore Renewable Energy Corporation signed a PHP3.975bn ($71mn) project finance loan with Bank of the Philippine Islands to accelerate the completion of its 113MW solar power plant in Pangasinan province.
Italian group Agsm Aim has completed the acquisition of four wind farms in Apulia totalling 52.6 MW, marking a new step in its national growth strategy in the renewable energy production sector.
The rehabilitation cost of Sonara, Cameroon’s only refinery, has now reached XAF300bn (USD533mn), with several international banks showing growing interest in financing the project.
Sasol has launched a new gas processing facility in Mozambique to secure fuel supply for the Temane thermal power plant and support the national power grid’s expansion.
The Irish government has provisionally awarded development rights for the Tonn Nua offshore site to the Ørsted-ESB joint venture under a 20-year contract supporting a 900 MW project.
The Spanish group continues its asset rotation strategy by transferring its French onshore wind and solar portfolio to Technique Solaire, reinforcing its focus on offshore and regulated networks.
Japanese group Eurus Energy has completed the environmental assessment for its 60.2MW repowering project in Wakkanai, with commissioning targeted for April 2029.
BayWa r.e. has reached a strategic milestone with the concept certification of its BayFloat floating substructure, validated by DNV according to current floating offshore wind standards.
A full-scale testing programme will begin in January to assess a blade reinforcement technology developed by Bladena, as ageing offshore wind fleets raise durability challenges.
SPIE Wind Connect has been selected by DEME Offshore to carry out all connection and high-voltage cable testing work for the 3.6 GW Dogger Bank offshore wind project off the UK coast.
German group Nordex will supply three turbines to developer BMR for a 21 MW project in North Rhine-Westphalia, bringing BMR's total orders to nearly 110 MW in 2025.
Q ENERGY is simultaneously conducting the repowering and extension of its wind farm in Aude, with commissioning scheduled for late 2026 and a production goal equivalent to the consumption of 45,000 people.
Cordelio Power has launched commercial operations of the Crossover wind farm in Arkansas, securing a 20-year power purchase agreement with Microsoft and closing $811mn in financing from North American banks.
VSB France has commissioned the Eoliennes de Fadoumal wind farm in Lozère, a 13.8 MW facility located in a forested high-altitude area and equipped with a patented avifauna detection system.
Proparco has invested in the 100 MW Kipeto wind farm in Kenya, reinforcing France’s financial involvement in East Africa’s energy sector, without disclosing the amount of the transaction.
The Monte Cristo I project strengthens Terra-Gen’s presence in Texas with a total capacity of 273 MW and economic returns exceeding $100mn for local communities.
The UK is betting on a new contracts-for-difference model to secure up to 5.5 GW of offshore wind, despite a reduced budget and unprecedented competitive pressure.
CWP Energy and KfW IPEX-Bank have finalised a £400mn ($494mn) financing agreement for the Sanquhar II onshore wind farm, marking a strategic milestone in UK energy investments.
Nordex Group will deliver seven turbines for two wind farms commissioned by SSE in Aragón, strengthening their partnership and reinforcing the industrial supply chain in Spain.
German manufacturer Nordex has signed three orders with DenkerWulf for 25 onshore wind turbines, with a total capacity of 122.7 MW to be installed between 2027 and 2028 in northern Germany.
RWE won two projects totalling 21.6 MW in the latest onshore wind tender by the CRE, strengthening its presence in Oise and Morbihan and consolidating its investments in France.
Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.
