Friday, June 12, 2026

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EBRD Provides $15 Million To Expand Green Finance And Support Women-Led Businesses In Tajikistan

S.S. Dev -
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The EBRD has launched a funding initiative to enhance access to financing for women-owned businesses and MSMEs in Tajikistan, providing up to US$15 million to local banks. This aims to promote green technologies and economic resilience. The initiative marks a significant step for women's entrepreneurship in the region.
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AMERICAS

News

SEIA And Wood Mackenzie Report Shows U.S. Added 7.8 GW Solar Capacity In Q1 2026 Amid Rising Energy Demand

In Q1 2026, the U.S. added 7.8 GW of solar capacity, becoming the leading source of new electricity. Cumulative installations surpassed 6 million. Despite regulatory challenges, solar and storage accounted for 91% of new capacity, driven by heightened energy demand, especially from tech firms. Growth is forecasted to continue despite permitting delays.
News

Cypress Creek Secures USD 3.5 Billion Financing for Arkansas Solar and Energy Storage Project

Cypress Creek Renewables has secured USD 3.5 billion in financing for the Arkansas Steel River Energy Center, a major solar and battery storage project. The first two phases will deliver 1.63 GW of solar capacity and 1.9 GWh of storage, enhancing grid reliability and supporting clean energy growth by 2029.
News

El Salvador Secures USD 9.6 Million Kuwait Loan to Develop San Matías Solar Power Plant, Strengthening Renewable Energy Capacity

El Salvador is advancing the San Matías Photovoltaic Solar Power Plant project, backed by a USD 9.6 million loan from the Kuwait Fund. Expected to generate 20,000 MWh annually, it aims to enhance energy security, diversify the energy matrix, and create jobs, while supporting renewable energy and emissions reduction goals.
News

NextEra Energy Transmission And New Mexico RETA Energize 137-Mile Crossroads–Hobbs–Roadrunner Power Line

NextEra Energy Transmission and the New Mexico Renewable Energy Transmission Authority have completed the Crossroads–Hobbs–Roadrunner Transmission Line, enhancing the regional electricity grid over 137 miles. This project improves reliability, reduces residential electricity bills, supports economic development, and emphasizes environmental conservation, marking a significant infrastructure milestone for New Mexico.
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INDIA AND SOUTH ASIA

News

Radiance Renewables Signs Green Power PPA with Softgel Healthcare, Aiming to Avoid 130,000 Tonnes of COâ‚‚ Emissions

Radiance Renewables has signed a Power Purchase Agreement with Softgel Healthcare to supply green power, enhancing the healthcare manufacturer's sustainability efforts while reducing costs. The initiative aims to cut carbon emissions by 130,000 tonnes and conserve significant water resources, reflecting the wider trend of Indian industries transitioning to renewable energy.
News

MNRE to Host Global Wind Day 2026 Conference in Goa to Accelerate Wind Energy Growth

The Global Wind Day 2026 Conference, hosted by the Ministry of New and Renewable Energy in Goa on June 15, will focus on accelerating wind energy in India. Key discussions will include resource adequacy, grid readiness, and manufacturing competitiveness, aiming for 100 GW of wind capacity by 2030 and 155 GW by 2035.
News

Bluebird Solar Launches 630Wp N-Type TOPCon Bifacial Module for Utility-Scale and Commercial Solar Projects

Bluebird Solar has introduced a new 630Wp G12R N-Type TOPCon Bifacial Solar Module, enhancing its high-efficiency solar offerings. With a power output of 630Wp and efficiency up to 23.32%, the module utilizes advanced technology for better energy generation and cost-effectiveness, supporting India's clean energy ambitions through robust manufacturing capabilities.
News

Centre Approves ₹531 Crore Financial Assistance for Rajasthan Solar Power Providers Under PM-KUSUM

The Central Government has sanctioned ₹531 crore in financial assistance for 553 solar power providers in Rajasthan under the PM-KUSUM scheme. This funding aims to enhance decentralized solar power generation and agricultural energy infrastructure, covering nearly 598 MW of capacity through projects associated with Jodhpur and Ajmer Discoms.

EUROPE

News

Iberdrola Portugal Expands Solar Communities Across Country To Boost Shared Renewable Energy Access And Electrification

Iberdrola Portugal is advancing renewable energy accessibility through ten community solar projects, with two operational and eight in development. These initiatives aim to share 1.7 million kWh of renewable electricity, reduce carbon emissions, and foster a decentralized energy system that benefits local communities and promotes economic growth while enhancing energy efficiency.
News

International Renewable Energy Agency Supports COP31 Proposal for 35% Global Electrification Target By 2035 At Bonn Climate Conference

At the Bonn Climate Change Conference, IRENA stressed the importance of large-scale electrification for the energy transition. IRENA's Director-General endorsed a proposal for 35% electrification by 2035, emphasizing its role in reducing emissions and enhancing energy security through renewable energy expansion and international cooperation to foster a sustainable future.
News

Enray Power Secures GBP 43 Million Financing for 71-MW Carlton Solar Farm in North Yorkshire

Enray Power has obtained GBP 43 million (USD 57.4 million) from Cooperative Rabobank UA to finance the 71-MW Carlton Solar Farm in North Yorkshire, set to be operational by late 2027. This financing marks the start of a partnership, supporting Enray's expansion in the UK renewable energy sector.

AFRICA

News

Africa’s Renewable Energy Boom Reshapes Power Sector And Investment Landscape

Africa's energy sector is rapidly transforming with increased investments in renewable energy, surpassing non-renewable funding by 2025. Driven by supportive government policies and declining technology costs, the shift aims to improve electricity access for nearly 600 million people. Key projects include solar and wind farms, though challenges like regulatory barriers remain.
News

Liberia Boosts Clean Energy Capacity With New 20 MW Solar Plant And Full Restoration Of Mount Coffee Hydropower Station

Liberian President Joseph Boakai announced the full restoration of the Mount Coffee Hydropower Plant’s 88 MW capacity and the commissioning of a new 20 MW solar power plant on June 5, 2026. This achievement enhances Liberia's renewable energy sources, promotes energy security, and aims to improve electricity access, supporting economic growth and sustainability.
News

Eskom Launches Eskom Green to Drive Renewable Energy Expansion in South Africa

Eskom has introduced Eskom Green, a new renewable energy division focused on developing utility-scale projects to decarbonize South Africa's power sector. Targeting 6 GW of carbon-free electricity by 2030 through 17 priority projects, it aims to expand to 32 GW by 2040, seeking private funding to enhance access to clean energy.
News

Mulilo Achieves Financial Close For 77 MW/308 MWh Battery Storage Project In South Africa

Mulilo, a South African energy company, has achieved financial close for its Hartebeesfontein Battery Energy Storage System, with a capacity of 77 MW and 308 MWh. Located near Klerksdorp, it will enhance grid reliability and support renewable energy integration. The project highlights collaboration among public and private stakeholders to advance the country’s energy infrastructure.

THE MIDDLE EAST

News

Türkiye Secures €200 Million EIB Funding To Accelerate Green Transition And Support SMEs

Türkiye has received over $230 million from the European Investment Bank, marking its first major financing since 2019. The funds will be split between promoting sustainable industrial projects and green financing for exporters, benefiting SMEs and aligning with Türkiye's climate goals. This signifies improved international confidence in Türkiye's economy.
News

El Salvador Secures USD 9.6 Million Kuwait Loan to Develop San Matías Solar Power Plant, Strengthening Renewable Energy Capacity

El Salvador is advancing the San Matías Photovoltaic Solar Power Plant project, backed by a USD 9.6 million loan from the Kuwait Fund. Expected to generate 20,000 MWh annually, it aims to enhance energy security, diversify the energy matrix, and create jobs, while supporting renewable energy and emissions reduction goals.
News

Masdar to Acquire 49.99% Stake in Repsol’s 705 MW Renewable Energy Portfolio in Spain

Masdar and Repsol have agreed for Masdar to acquire a 49.99% stake in a 705 MW renewable energy portfolio in Spain, valued at €849 million. The portfolio includes 13 wind farms and six solar parks, aiming to enhance Masdar's capacity in the Iberian Peninsula to 4.1 GW upon completion by 2026.
Insights

Jordan Strengthens Renewable Energy Investment Framework To Accelerate Clean Power Growth

Jordan is enhancing its renewable energy sector to attract foreign investment, aiming for a 30 percent renewable energy mix by 2030. Recent amendments to the Investment Law simplify procedures and expand incentives for both new and existing projects. The country’s abundant solar and wind resources present significant opportunities for international developers.

SOUTH EAST ASIA

News

ACEN Invests P1.15 Billion To Advance 300 MW Solar Project And Battery Storage Expansion In Zambales

ACEN Corp. has invested P1.15 billion in its subsidiary, Giga Ace 8 Inc., to support the construction of the 300.11-MWp Palauig Solar 2 project in Zambales, Philippines. This initiative, part of a larger renewable energy plan worth P16 billion, aims to generate over 450 GWh of clean electricity annually and contribute to energy sustainability.
News

Sembcorp Completes Acquisition Of Alinta Energy, Strengthening Australian Renewable Energy Presence

Sembcorp Industries has completed its acquisition of Alinta Energy, enhancing its presence in the Australian energy market. The acquisition provides access to Alinta’s extensive energy platform and supports Sembcorp's renewable energy goals. Alinta will retain its brand and leadership, ensuring operational continuity while aiming for future growth in clean energy solutions.
News

Angeles Power Secures Financing for 50-MW Solar Project in the Philippines

Angeles Power Inc. has obtained a PHP 2-billion loan from BPI to finance its 49.9-MWac PALDO CT Solar Project in Tarlac. This project aims to enhance clean energy generation and replace a 30-MW power plant, supporting the Philippines' renewable energy goals. Construction is underway, with solar panel shipments delivered.
News

Philippines Accelerates Clean Energy Growth with PHP344.62 Billion Renewable Energy Investments

The Philippines is bolstering its renewable energy sector with PHP344.62 billion in investments approved under the Green Lane initiative, generating approximately 38,716 jobs. Energy Secretary Sharon Garin emphasized the role of renewables in economic growth and energy security, aiming for 35% and 50% shares in the power mix by 2030 and 2040, respectively.

NEWS BRIEFS

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FROM ACROSS THE GLOBE

News

MNRE to Host Global Wind Day 2026 Conference in Goa to Accelerate Wind Energy Growth

The Global Wind Day 2026 Conference, hosted by the Ministry of New and Renewable Energy in Goa on June 15, will focus on accelerating wind energy in India. Key discussions will include resource adequacy, grid readiness, and manufacturing competitiveness, aiming for 100 GW of wind capacity by 2030 and 155 GW by 2035.
News

ACEN Invests P1.15 Billion To Advance 300 MW Solar Project And Battery Storage Expansion In Zambales

ACEN Corp. has invested P1.15 billion in its subsidiary, Giga Ace 8 Inc., to support the construction of the 300.11-MWp Palauig Solar 2 project in Zambales, Philippines. This initiative, part of a larger renewable energy plan worth P16 billion, aims to generate over 450 GWh of clean electricity annually and contribute to energy sustainability.
News

Sembcorp Completes Acquisition Of Alinta Energy, Strengthening Australian Renewable Energy Presence

Sembcorp Industries has completed its acquisition of Alinta Energy, enhancing its presence in the Australian energy market. The acquisition provides access to Alinta’s extensive energy platform and supports Sembcorp's renewable energy goals. Alinta will retain its brand and leadership, ensuring operational continuity while aiming for future growth in clean energy solutions.
News

Liberia Boosts Clean Energy Capacity With New 20 MW Solar Plant And Full Restoration Of Mount Coffee Hydropower Station

Liberian President Joseph Boakai announced the full restoration of the Mount Coffee Hydropower Plant’s 88 MW capacity and the commissioning of a new 20 MW solar power plant on June 5, 2026. This achievement enhances Liberia's renewable energy sources, promotes energy security, and aims to improve electricity access, supporting economic growth and sustainability.

MARKET INSIGHTS

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INSIGHTS

Insights

Green Energy Stocks Lead Market Decline As Sensex And Nifty Trade In The Red (11 June 2026)

On June 11, 2026, the Indian stock market declined, with the S&P BSE Sensex falling 0.20% and the Nifty 50 dropping 0.18%. Weak investor sentiment led to profit booking across sectors, notably green energy, where many companies, including Adani Green Energy and Larsen & Toubro, experienced losses. Reliance Industries was an exception, gaining 0.31%.
Insights

Jordan Strengthens Renewable Energy Investment Framework To Accelerate Clean Power Growth

Jordan is enhancing its renewable energy sector to attract foreign investment, aiming for a 30 percent renewable energy mix by 2030. Recent amendments to the Investment Law simplify procedures and expand incentives for both new and existing projects. The country’s abundant solar and wind resources present significant opportunities for international developers.
Insights

India Adds Over 21 GW Solar Capacity In Five Months As Policy Support Accelerates Renewable Energy Growth

India's renewable energy sector is thriving, particularly in solar power, which reached nearly 157 GW by May 2026, making up over 68% of total renewable capacity. The country added over 21 GW of solar capacity in early 2026. Policies encouraging domestic production and rising demand signal strong future growth despite some challenges.
Insights

Green Energy Stocks End Mostly Lower Despite Positive Market Sentiment (10 June 2026)

On June 10, 2026, green energy stocks showed mixed results, with most companies ending lower despite a slight rise in the S&P BSE Sensex. Notable gains came from Larsen & Toubro and Borosil Renewables, while Inox Wind and Praj Industries suffered significant declines. Overall, investor sentiment in the sector remained cautious.

IN CONVERSATION

Talks

Connecting the Globe to South America’s Renewable Markets – Dr. Florian Wessendorf, Managing Director; Solar Promotion International GmbH

The smarter E South America continues to grow rapidly. What key trends are driving the renewable energy market in Brazil and Latin America? The renewable...
Talks

Driving the Next Phase of India’s Green Energy Transition: An Exclusive Interview with Sreerangam Ravikiran, Service Manager – Utility, Sungrow India

What are the major service challenges in India’s utility-scale solar sector today?India’s utility-scale solar sector has witnessed tremendous growth. however, service and operations face...
Talks

Driving MEA’s Green Transition: Inside Power & Sun’s ‘Lean, Mean, and Clean’ Strategy – L K Verma, Managing Director

What have been the key growth drivers behind Power & Sun’s expansion across the MEA region? Power & Sun’s growth across the MEA region has...
Talks

Strong Performance, Faster Payback: Tiger Neo 3.0 Powers Central Asia’s Solar Mainstream Ambition – Idris Mu, Sales Manager, Central Asia – Jinko Solar

Central Asia (e.g., Uzbekistan, Tajikistan) is at a critical stage of energy transition. How do you think Tiger Neo 3.0, compared to 2.0, can...
Talks

From 9 States to 12 GW: Inside LEAPTING Robotics’ Massive Indian Expansion – Gaurav Gaba,  Sales Director – India

LEAPTING has deployed 33,000+ G1 robots across 9 Indian states. What enabled this large-scale success in India? Since its founding, LEAPTING Robotics has been dedicated...
Talks

Beyond the Box: Deye’s AI-Driven Evolution in the Indian Solar Landscape – Bharat Singh, Director – Sales & Marketing(India and North Africa)

Can you walk us through Deye’s current solar PV inverter portfolio for the Indian market and highlight what differentiates your products from competitors? Deye offers...
Dinto Solar

UPCOMING EVENTS

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PUBLICATIONS

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Technology

Weekly Tech Newsletter: Explore The Latest Breakthroughs in Solar, Storage, and More…

Recent advancements in renewable energy include perovskite-silicon tandem cells achieving over 30% efficiency, Deye's scalable energy storage for commercial use, MRAC's smart tracking for enhanced utility-scale solar, and floating solar systems providing untapped potential. Additionally, offshore wind infrastructure is accelerating blue economy growth, creating jobs, and promoting sustainable practices.
Sangita Shetty -

Explained: Inside a Perovskite-Silicon Tandem Cell—How Layered Photovoltaics Achieve 30%+ Efficiency

Perovskite-silicon tandem cells are emerging as a transformative technology in the solar industry, exceeding the limitations of traditional silicon photovoltaics. By stacking two materials with different bandgaps, these cells can harness more solar energy efficiently, achieving over 33% efficiency in labs. However, challenges in stability and manufacturing must be overcome for successful commercialisation.
Sangita Shetty -

How Offshore Wind Infrastructure Is Enabling the Next Wave of Blue Economy Innovation

Offshore wind farms are transforming into multi-use platforms, enabling seaweed cultivation alongside renewable energy production. Research indicates this dual approach enhances marine resource development while reducing operational costs. Promising trials in the North Sea reveal high yields, positioning future projects to integrate aquaculture and other industries, fostering a sustainable blue economy.
Sangita Shetty -

Weekly Tech Updates: KIT Maps Europe’s Hybrid Storage Future; Hoymiles Sets New Solar Efficiency Benchmark and More…

The content discusses advancements in energy storage and solar technology. The KIT-led StoRIES project aims to enhance hybrid energy systems for Europe's clean energy transition. Hoymiles secures BEE certification for its microinverters in India, while vehicle-integrated solar could reduce grid demand. Sineng Electric and Growatt promote flexible energy solutions for various applications, and UTL Solar launches a powerful inverter targeting India's commercial market.
Sangita Shetty -

Explained: Human Errors In Solar Plant O&M: Lessons From Real-World Case Studies And Risk Reduction Strategies

Human errors significantly impact the operation and maintenance of solar power plants, causing downtime and safety incidents. Case studies reveal that common issues stem from inadequate training and procedural failures. Incorporating technologies like SCADA and AI, along with workforce development strategies, can minimize these errors, enhance safety, and improve plant performance.
Mohan Gupta -

AUSTRALIA

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Talks

Driving MEA’s Green Transition: Inside Power & Sun’s ‘Lean, Mean, and Clean’ Strategy – L K Verma, Managing Director

What have been the key growth drivers behind Power & Sun’s expansion across the MEA region? Power & Sun’s growth across the MEA region has...
News

Sterling and Wilson Renewable Energy Reports Record Revenue, 4.5 GW Project Execution in FY26

Sterling and Wilson Renewable Energy Limited achieved record financial performance in FY26 with revenues of INR 7,548 crore, a 20% increase. The company commissioned 4.5 GW of solar power, secured INR 10,062 crore in new orders, and expanded its O&M portfolio. Future growth looks promising in renewable energy segments.
Tech

Explained: Human Errors In Solar Plant O&M: Lessons From Real-World Case Studies And Risk Reduction Strategies

Human errors significantly impact the operation and maintenance of solar power plants, causing downtime and safety incidents. Case studies reveal that common issues stem from inadequate training and procedural failures. Incorporating technologies like SCADA and AI, along with workforce development strategies, can minimize these errors, enhance safety, and improve plant performance.

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