The European Union (EU) has attracted over €1.2 trillion ($1.3 trillion) in sustainable investment since 2021, with more than €320 billion invested in 2025 alone, as the bloc’s green finance framework supports clean energy, decarbonisation and energy security....
South Africa’s renewable energy capacity is expected to overtake thermal generation by 2035, driven by expanding solar and wind projects, private investment and the retirement of ageing coal plants, according to GlobalData....
ACWA has signed a memorandum of cooperation with Mongolia’s Sun Steppe Power to explore a 4.5GW renewable energy project in Mongolia, supported by a 500MWh battery storage system, to facilitate cross-border electricity exports to China and other mutually agreed markets....
Saudi Energy Minister Prince Abdulaziz bin Salman opened the 25th WPC Energy Congress in Riyadh, stressing the importance of global energy security and resilience. He highlighted Saudi Arabia’s investments in infrastructure, supply chains, renewable energy and lower-emission technologies to strengthen energy reliability....
Saudi Arabia has signed three memoranda of understanding (MoUs) with Kuwait, Qatar and Egypt to strengthen regional cooperation across electricity, renewable energy, oil, gas and petrochemicals....
Nigeria has commercially launched a $300 million Distributed Renewable Energy (DRE) Fund to finance mini-grids, solar home systems, energy storage and other decentralised power projects for communities and businesses with unreliable or limited access to the national grid....
Renewable energy sources accounted for 54.1 per cent of electricity generated in the European Union (EU) in the second quarter of 2026, slightly down from 54.3 per cent in the same period of 2025, according to Eurostat....
Saudi-listed Acwa has reached the Project Commercial Operation Date (PCOD) for the utility systems serving The Red Sea destination, marking the first time a giga-project in Saudi Arabia has brought its entire utility infrastructure into commercial operation using only renewable energy and without support from the national grid....
Saudi-listed Acwa has signed an MoU with Korea Western Power (KOWEPO) to explore renewable energy opportunities in Uzbekistan. Signed in Tashkent, the agreement covers potential cooperation in renewable energy, energy storage and related infrastructure projects....
Indonesia is positioning renewable energy, digital technology, agriculture and electric vehicle (EV) downstreaming as key sectors for European Union investment ahead of the planned 2027 implementation of the Indonesia–EU Comprehensive Economic Partnership Agreement (IEU-CEPA)....
King Fahad Industrial Port in Yanbu has received nine wind turbines and related equipment aboard the Pacific Titan to support Saudi Arabia’s renewable energy expansion and upcoming Starah and Shaqra wind projects under the National Renewable Energy Programme....
The International Renewable Energy Agency (Irena) has invited public and private sector renewable energy developers in Central America and the Caribbean to submit project proposals for potential financing through its Climate Investment Platform (CIP) and Energy Transition Accelerator Financing (ETAF) platform....
Masdar and Montenegro’s EPCG have advanced their renewable energy partnership, signing agreements for 150MW of solar projects and exploring over 400MW of pumped hydro storage under a joint venture targeting 2GW of clean energy capacity....
European Union (EU) renewable energy use rose to 26.2 per cent of gross final energy consumption in 2025, Eurostat data showed, continuing long-term growth but remaining below the bloc’s 2030 target of 42.5 per cent....
Rosen Group has commissioned a 2 MW photovoltaic system at its Lingen site, Germany, featuring 4,500 solar modules and smart energy management. The €2 million ($2.3 million) project enables 98.7 per cent on-site electricity use, advancing renewable energy goals....
Terra-Gen has begun commercial operations at its 80MW Lockhart Solar PV IV project in California, expanding its renewable energy portfolio and generating enough electricity to power about 40,000 homes and businesses annually under a long-term supply agreement....
The European Investment Bank approved €17.4 billion ($20 billion) in financing, including €3.7 billion for clean energy projects, to boost Europe's energy security while supporting renewable energy, power grids and sustainable development across Europe and neighbouring countries....
Konecranes has secured two crane modernisation contracts from Brazilian renewable energy and electricity transmission company AXIA Energia to upgrade lifting equipment at the Manso and Mascarenhas de Moraes hydroelectric power plants....
UK-based Metatek-Group has launched a three-year airborne survey programme in Nigeria, expanding geological mapping across 210,000 square kilometres using advanced geophysical technologies to support energy exploration, mineral development and renewable energy projects....
Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction....
