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The government of Alberta, Canada, has introduced that CA$ 25 million (US$ 20.1 million) in financial backing has been offered for solar-plus-storage and also pumped hydro energy storage as part of a CA$ 176 million bundle that will additionally offer funding to oil and gas industry projects.

DNV GL, the globe's biggest source of independent power professionals, has actually granted a consistency declaration to Norwegian Solar Energy business Ocean Sun for its floating solar style technique.

Solar as well as wind power got to a record 10% of global electricity in 2021. That milestone has actually now been reached by 50 nations across the world consisting of all 5 of the world's biggest economies, although power sector emissions have reached an all-time high, according to energy thinktank Ember.

Vietnam has actually cut its 2030 power capacity target by 35GW under its recently set draft Power Master Plan VIII (PMP8) but is making more room for renewables as it looks for to reduce its reliance on coal.

Unlike pumped hydro energy storage (PHES), progressed compressed air energy storage is fairly easy to site and construct, requiring far less space as well as water.

30MW site forms part of a ₤ 12.5 bn financial investment programme towards net zero

The business economics of a solar project in Texas are so engaging coal as well as gas developer J-Power desires a piece of the action.

Siemens Smart Infrastructure, in partnership with Fluence, was granted an agreement by the Portuguese power service provider EDA-- Electricidade dos Açores to develop a battery-based energy storage space system on Terceira, the second most significant island in regards to electrical usage of the Azores island chain in the Atlantic Ocean. The project intends to make the island a lot more sustainable as well as is scheduled for completion in 2021.

Scottish company indications MoU with DIAMO to seek EU funds to convert Darkov site

The World Bank, with the project, offers to India $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The project will certainly support SECI with human resource as well as company planning, project monitoring, procurement, economic and also contract management, environmental and also social safeguards as well as economic management, among others.

EBRD leads syndicate of IFC, Intesa Sanpaolo Bank Albania, Privredna Banka Zagreb in co-financing Karavasta solar plant in Albania First big utility-scale solar PV plant in the country Financial investment stems from EBRD Renewable Energy Auctions Programme

China flips the switch on the world’s largest CAES—600 MW/2,400 MWh—signaling long‑duration storage’s rise from niche to core grid muscle for multi‑hour renewable smoothing.

Prime Capital snaps up 85‑MW/170‑MWh Pyhäsalmi BESS for €5.5m, with profit‑share to July 2027, bolstering SENS’s big‑battery strategy for Finland’s grid services.

Transpower’s draft approval clears the way for a stronger North–South inter-island power link—cutting bottlenecks, boosting resilience in dry years, and enabling more wind and solar.

China Three Gorges hits COD for a 19.9-MW Colombia solar farm—unlocking stable revenue, expanding utility-scale and corporate offtakes, and diversifying daytime power as hydro tightens.