Energy & Climate Markets
Germany opens first 4.5 GW long-term capacity auction under StromVKG
Germany’s Federal Network Agency (Bundesnetzagentur) has opened the first auction under the country’s new Electricity Supply Security and Ca...
Companies
Iberdrola will acquire Finnish power distributor Caruna for EUR5bn
Spanish energy group Iberdrola has reached an agreement to acquire Caruna, Finland’s largest electricity distribution company, in a deal tha...
Policy & Regulatory
Spain awards EUR165m to 2 GW/21 GWh pumped hydro storage projects
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has awarded EUR165m in financial support to seven pump...
Policy & Regulatory
New Zealand risks failing to meet its 2030-2035 climate targets
New Zealand’s Climate Change Commission has warned that the country is increasingly at risk of missing its emissions budgets and long-term c...
Infrastructure & Investments
Indonesia advances 93 hydrogen projects totalling USD2bn in investments
According to the Ministry of Energy and Mineral Resources (ESDM) of Indonesia, 93 hydrogen development projects are currently under way in t...
Infrastructure & Investments
AEP seeks approval for a 1.5 GW CCGT power project at Rockport, Indiana (US)
Indiana Michigan Power (I&M), a subsidiary of the US power utility AEP, has requested approval from the Indiana Utility Regulatory Commi...
Infrastructure & Investments
CATL secures 2 GWh sodium-ion storage agreement in Eastern Europe
Chinese battery manufacturer CATL has entered into a 2 GWh agreement with Bulgarian renewable energy contractor Solarpro to deploy what is p...
Infrastructure & Investments
30 bcm/year African Atlantic Gas Pipeline in 13 ECOWAS countries moves ahead
Member states of the Economic Community of West African States (ECOWAS) have signed an intergovernmental agreement in Freetown, Sierra Leone...
Infrastructure & Investments
Portugal and Morocco move forward with power interconnection
Portugal and Morocco have agreed to develop an electricity interconnection following discussions between their energy ministers on renewable...
Policy & Regulatory
The UK launches CfD AR8 auction for over 17 GW of offshore wind capacity
The application window for Allocation Round 8 (AR8) of the UK government’s Contracts for Difference (CfD) scheme has opened. More than 17 GW...
Policy & Regulatory
Chile launches 2.8 TWh power supply tender for renewables and storage
Chile’s National Energy Commission (CNE) has published the terms for its 2026/01 power supply tender, which will contract 2.8 TWh/year of en...
Infrastructure & Investments
ADNOC approves 6.2 bcm/year Umm Shaif Gas Cap development (UAE)
ADNOC and its partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC) have taken a final investment decision (FID) for t...