The region attracted only a small share of global capital allocated to renewables in 2024, despite high energy needs and ambitious development goals, according to a report published in November.
Abraxas Power Corp. has launched land reclamation operations for Solar City, a 100-megawatt floating solar project in the Maldives, following environmental approval. The total zone investment exceeds USD187mn.
After 23 years at ITC Holdings Corp., Chief Executive Officer Linda Apsey will retire in March 2026. She will be replaced by Krista Tanner, current President of the company, who will also join the Board of Directors.
ReGen III confirmed receipt of $3.975mn in sub-agreements tied to its convertible debenture exchange programme, involving over 97% of participating holders.
Trina Storage and Pacific Green Energy Group have signed a memorandum of understanding for the supply of 5GWh of battery systems by 2028, reinforcing their activities in the Australian and international energy storage market.
Alfa Solar and Astronergy Europe are partnering to build an integrated solar wafer and cell facility with 2.5 GW capacity in Balıkesir’s organised industrial zone.
Activist fund Enkraft demands governance guarantees as ABO Energy’s founding families prepare a change of control, under an open market listing and KGaA structure that offers limited protection to minority shareholders.
As global oil prices slowed, China raised its crude stockpiles in October, taking advantage of a growing gap between imports, domestic production and refinery processing.
Kuwait Petroleum Corporation has signed a syndicated financing agreement worth KWD1.5bn ($4.89bn), marking the largest ever local-currency deal arranged by Kuwaiti banks.
China National Petroleum Corp has inaugurated a new electricity-focused entity in Beijing, marking a strategic step in the organisation of its new energy assets.
A first vessel chartered by a Ukrainian trader delivered American liquefied gas to Lithuania, marking the opening of a new maritime supply route ahead of the winter season.
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.
Canadian firm Aecon and private developer Norsk Kjernekraft have signed a strategic agreement targeting the deployment of BWRX-300 small modular reactors across several potential locations in Norway.
The South African government has officially lifted the PBMR reactor out of inactivity, launching a public investment programme and transferring the strategic nuclear asset from Eskom to Necsa.
Czech billionaire Daniel Kretinsky expands further into energy with a strategic investment in TotalEnergies, via his holding EPH, in exchange for assets valued at €5.1bn.
A German NGO has filed in France a complaint against TotalEnergies for alleged war crimes complicity around Mozambique LNG, just as the country seeks to restart this key gas project without any judicial decision yet on the substance.
France’s competition authority fines TotalEnergies, Rubis and EG Retail over a cartel restricting access to Corsican oil depots, affecting the local fuel distribution market.
Despite reaching a record $807bn in 2024, renewable energy investment growth slowed sharply, with funding heavily concentrated in advanced economies and China.
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.
Verso Energy assigns the front-end engineering design of the e-SAF DEZiR site to Rely, marking a major industrial step in sustainable aviation fuel production in France, with global deployment ambitions.
The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.
Evolution III fund of Inspired Evolution invests alongside FMO and Swedfund to accelerate regional growth of Sedgeley Solar Group, active in solar installations for commercial and industrial sectors.
British company Naked Energy is accelerating its international expansion with a new office in Madrid to deploy its solar thermal technology in the industrially promising Iberian market.
Tata Power is preparing a 10 GW ingot and wafer facility to consolidate its domestic solar chain, secure supplies, and capture PLI incentives ahead of 2026 local content mandates.
ACEN Australia’s Stubbo Solar project becomes the first solar asset to operate under an LTESA contract, strengthening its role in New South Wales’ energy transformation.
The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.
Fortescue launches a solar innovation hub in the Pilbara with AUD45mn ($28.9mn) in public funding to test technologies aimed at accelerating and optimising large-scale solar farm construction.
The Philippine Department of Energy validated over 10 GW of renewable projects, including floating solar and hybrid systems, in the fourth round of its national green auction programme.
Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.
JA Solar has signed an agreement with Larsen & Toubro to supply photovoltaic modules for the Samarkand 1 and 2 solar power plants, developed by ACWA Power with a total installed capacity of 1.2 GW.
Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.
Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.
Boviet Solar strengthens its industrial presence in the United States with a major investment in a new 3 GW photovoltaic cell plant in Greenville, consolidating its North American expansion strategy.
BrightNight and Cordelio Power have announced the financial close for the Pioneer Clean Energy Center, a hybrid project combining 300 MW of solar and 1,200 MWh of energy storage in Arizona, aimed at supporting the state's growing energy demand.
Driven by innovations in perovskite and quantum dots, the next-generation solar cells market, valued at USD 4.21 billion in 2024, is expected to grow rapidly at a rate of 21.21%, reaching USD 19.62 billion by 2032.
GreenYellow and Sasol Italy announce the start of construction of a 5.1 MWp photovoltaic solar plant in Terranova Dei Passerini. This project aims to strengthen Sasol’s energy independence in Italy while contributing to the industrial energy transition.
Seven-Eleven Japan signs a power purchase agreement (PPA) with Chugoku Electric Power to acquire 22.3 GWh annually from solar and hydro projects, marking a new chapter for the retailer in renewable energy procurement.
OneD Battery Sciences and Shanghai Putailai New Energy Technology announce a development agreement to design and scale production of silicon-carbon anodes for lithium-ion batteries.
