Saturday, May 16, 2026

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RWE Achieves Higher Adjusted Net Income Of €0.6 Billion And Significant Growth In Earnings Per Share

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RWE reported strong Q1 2026 results, with adjusted EBITDA rising to €1.6 billion, driven by better wind conditions and new renewable assets. The company plans to invest €6-8 billion this year, aiming for over 4 gigawatts of new capacity by 2026. However, the Supply & Trading segment underperformed. Adjusted EBITDA forecasts range from €5.2 billion to €5.8 billion for the year.

AMERICAS

OCI Energy and Arava Power Expand Texas Solar Partnership with 670 MWdc Utility-Scale Project

OCI Energy and Arava Power have signed a Membership Interest Purchase Agreement to jointly develop a 670 MWdc solar project in La Salle County, Texas. Each company will hold a 50% stake and oversee operations, aiming for commercial launch by 2028. This project highlights Texas' growth in utility-scale solar investment.

Entergy Highlights Energy Efficiency Tips And Billing Options To Help Customers Stay Comfortable And Save Money In Summer

As summer approaches, air conditioner use increases, often leading to higher energy bills. Households can reduce power consumption by adopting energy-efficient practices, such as cleaning filters, adjusting thermostats, using fans, and sealing leaks. Entergy recommends digital tools for monitoring usage and offers flexible billing options to help manage expenses effectively.

Solar Energy Industries Association Appoints Former Minnesota Governor Tim Pawlenty As New President And CEO

The Solar Energy Industries Association (SEIA) has appointed Tim Pawlenty as its new President and CEO, effective June 15. Pawlenty, a former Minnesota governor and financial services leader, aims to advance solar and energy storage solutions. His leadership is expected to foster partnerships and drive growth in the renewable energy sector.

Standard Solar and Partners Launch 48.4-MW Community Solar Portfolio in New Mexico

Standard Solar, in collaboration with ForeFront Power and Pluma Construction, has launched a 48.4-MW community solar portfolio in New Mexico, enhancing clean energy access. The initiative includes eight projects aimed at providing electricity to households and low-income consumers, while supporting the state's community solar expansion efforts. This reflects a growing trend in renewable energy models.
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INDIA AND SOUTH ASIA

Top Stories Of The Day: SECI Awards Odisha Solar+BESS Project; UP Energy Expo 2026 Drives RE Growth; PGCIL Floats Andhra Pradesh BESS Tender &...

SECI has awarded a solar power project to BNC Power in Odisha, aiming to enhance grid reliability. UP Energy Expo 2026 highlighted opportunities in renewable energy for Uttar Pradesh. PGCIL and EESL initiated important energy projects in Andhra Pradesh and nationwide, while various initiatives across India aim to boost clean energy, infrastructure, and manufacturing.

Waaree Clean Energy Solutions Secures Landmark Order for Multi-Technology Green Hydrogen Project in Karnataka for TMEIC Industrial Systems India Pvt. Ltd

Waaree Clean Energy Solutions has received an order to develop a green hydrogen project for TMEIC Industrial Systems in Karnataka. The project will feature an integrated ecosystem for hydrogen production, storage, and utilization, employing hybrid electrolysis and including a refueling station. It aims to support India's clean energy goals and demonstrate sustainable hydrogen infrastructure.

TNERC Proposes New SLDC Fee Regulations 2026 And MYT Framework For Tamil Nadu Power Grid Management

The Tamil Nadu Electricity Regulatory Commission has released draft regulations for the State Load Despatch Centre (SLDC), focusing on fee collection to enhance financial operations amidst growing energy demands. Comments from stakeholders are invited until May 29, 2026. Proposed changes include a Multi-Year Tariff framework and a dedicated development fund for infrastructure improvements.

UP Energy Expo 2026 Strengthens Uttar Pradesh’s Position in India’s Renewable Energy Growth Story

The 2nd Edition of the Clean & Smart Energy Expo 2026, held from May 7–9 in Lucknow, showcased India's commitment to renewable energy. Inaugurated by Uttar Pradesh's Deputy Chief Minister, the event featured key stakeholders discussing innovations in solar energy and sustainable technologies, reinforcing Uttar Pradesh's emerging role in clean energy investment.

EUROPE

Albanian Consortium Seeks EBRD Support for 160 MWp Solar-Plus-Storage Project

An Albanian consortium is seeking EBRD funding for a 160 MWp solar-plus-storage project to enhance energy security and diversify renewable sources. This initiative aims to improve grid stability and aligns with national targets for increasing non-hydro renewables by 2030, positioning Albania as a leader in solar energy in Southeast Europe.

Iberdrola Gains Ofgem Approval For Major Grid Upgrades In Scotland

ScottishPower Energy Networks has secured Ofgem's approval for €173 million (£150 million) in early funding for two major electricity transmission projects in Scotland: the Tealing to Kincardine Upgrade Project and the Denny to Wishaw Network Upgrade. These initiatives aim to enhance transmission capacity, support renewable energy integration, and meet the UK’s Clean Power 2030 targets.

Avangrid Partners With Clarkson University To Advance Research On Grid Capacity, and Energy Storage Systems

Avangrid, Inc. is collaborating with Clarkson University to enhance electric grid systems in New York. Their research focuses on improving grid capacity, optimizing EV charging, and evaluating battery energy storage. This partnership aims to translate academic research into practical solutions, ensuring reliable energy access and preparing students for leadership in the evolving energy sector.

AFRICA

Grand Egyptian Museum Launches Solar Power Station To Boost Green Energy Goals

The Grand Egyptian Museum has inaugurated a solar power station aimed at enhancing sustainability and supporting Egypt's Vision 2030 goals. The 200-kilowatt facility will supply 12 percent of the museum’s energy needs and reduce carbon emissions. Combining heritage preservation with clean energy, it sets an example for cultural institutions in Africa and the Middle East.

Renewvia Energy Plans $750 Million Solar Mini-Grid Expansion Across Africa

Renewvia Energy Corp. is set to invest nearly $750 million in expanding its solar mini-grid business across Uganda, Rwanda, Ethiopia, and the Democratic Republic of Congo, aiming to create 2.1 million new electricity connections. The initiative focuses on improving energy access in refugee settlements, benefiting over 550,000 people amid Sub-Saharan Africa's ongoing electricity shortage.

South Africa Delays Power Market Launch While Strengthening State Oversight Of Energy Reforms

South Africa is cautiously reforming its electricity market, with the government maintaining control over planning, pricing, and regulation to ensure energy security and protect vulnerable communities. The launch of the South African Wholesale Electricity Market is delayed to allow for necessary governance preparations. A roadmap for future reforms aims to attract private investments while prioritizing Eskom's stability and expanding the national grid.

African Development Bank and Energy and Petroleum Regulatory Authority Advance Electricity Tariff Reform Discussions in Nairobi

The African Development Bank and Energy and Petroleum Regulatory Authority hosted a session in Nairobi to enhance electricity tariff-setting in Africa, as part of Mission 300. Over 15 regulators discussed tariff design, stakeholder engagement, and governance. The initiative aims to improve energy access and establish a network for regulatory cooperation across the continent.

THE MIDDLE EAST

Oman Plans 1-GW Round-the-Clock Renewable Energy Project Integrating Solar, Wind and Battery Storage

Oman is set to develop a 1-GW round-the-clock renewable energy project that integrates solar, wind, and battery storage, enhancing grid reliability and clean energy capacity. Managed by Nama Power and Water Procurement Company, the initiative aligns with Oman Vision 2040, aiming to diversify energy sources and support green technology growth.

Targeting 1000 Megawatts: A Strategic Partnership between Eco Solutions and the German Company AESOLAR to Supply Solar Panels to Egypt

Eco Solutions has partnered with AESOLAR to enhance Egypt's solar energy sector by supplying about 1000 megawatts of high-efficiency solar panels. This strategic alliance focuses on technology transfer, training programs, and developing tailored solutions for local needs, while supporting Egypt’s renewable energy goals and aiming for a 45% clean energy contribution by 2028.

Oman Unveils Net-Zero Roadmap And Carbon Market Framework To Drive Green Energy Transition

Oman has unveiled a roadmap aiming for net-zero emissions by 2050, featuring a new regulatory framework for carbon markets. The plan targets a 33% emissions reduction by 2035, relying on renewable energy and green technologies. It aims to cut generation costs and boost GDP through green initiatives while maintaining economic growth and energy security.

Hynfra Secures USD 1 Billion Green Ammonia Project Approval in Jordan

Jordan approved a $1 billion investment for a green ammonia project by Hynfra in the Port of Aqaba, aiming to establish a green hydrogen export hub. The facility will utilize 550 MW of solar power, a 500 MWh battery, and electrolysis to produce 100,000 tonnes of green ammonia annually, supporting global clean fuel needs.

SOUTH EAST ASIA

Singapore Emerges As Southeast Asia’s Key Hub For Clean Energy Finance And Regional Power Cooperation

Southeast Asia faces significant energy challenges, with electricity demand tripling over two decades, while coal fuels half of its generation. Despite ambitions for net-zero emissions, obstacles persist due to financial and infrastructural issues. Singapore is emerging as a key player, promoting sustainable finance and regional cooperation to accelerate the energy transition.

EVNGENCO1 Plans 270 MW Floating Solar Expansion In Vietnam’s Lam Dong Province

EVNGENCO1 is set to invest approximately $167 million in three floating solar projects in Lam Dong province, Vietnam, aiming to enhance the country's renewable energy capacity. The projects will generate nearly 270 MW by utilizing existing hydropower reservoirs, supporting Vietnam's carbon reduction goals and improving national energy security through increased clean energy production.

Tenaga Nasional Berhad Raises MYR 1.05 Billion Green Sukuk For Malaysia’s Largest Solar Power Project

Tenaga Nasional Berhad (TNB) has issued a Green Sukuk worth nearly MYR 1.05 billion to finance a 500MWac solar power project in Kedah, aiming to create Malaysia’s largest solar plant. This reflects TNB's commitment to renewable energy and underscores the growing role of Islamic financing in sustainable projects across Southeast Asia.

J&V Energy Expands Taiwan Renewable Portfolio With 187 MW Solar Asset Acquisition From Blackrock Fund

J&V Energy Technology Co., Ltd. will acquire a 187 MW operational solar portfolio in Taiwan from Global Infrastructure Partners, part of BlackRock, expected to complete in Q3 2026. The portfolio includes 42 solar plants, supplying clean electricity to 80,000 households. This acquisition reinforces J&V's renewable energy platform and supports GREENET's green electricity supply.

FROM ACROSS THE GLOBE

Renewvia Energy Plans $750 Million Solar Mini-Grid Expansion Across Africa

Renewvia Energy Corp. is set to invest nearly $750 million in expanding its solar mini-grid business across Uganda, Rwanda, Ethiopia, and the Democratic Republic of Congo, aiming to create 2.1 million new electricity connections. The initiative focuses on improving energy access in refugee settlements, benefiting over 550,000 people amid Sub-Saharan Africa's ongoing electricity shortage.

Waaree Clean Energy Solutions Secures Landmark Order for Multi-Technology Green Hydrogen Project in Karnataka for TMEIC Industrial Systems India Pvt. Ltd

Waaree Clean Energy Solutions has received an order to develop a green hydrogen project for TMEIC Industrial Systems in Karnataka. The project will feature an integrated ecosystem for hydrogen production, storage, and utilization, employing hybrid electrolysis and including a refueling station. It aims to support India's clean energy goals and demonstrate sustainable hydrogen infrastructure.

EWEC And Masdar Sign Strategic Agreement To Accelerate Utility-Scale Renewable Energy Projects In The UAE

EWEC and Masdar have signed a Collaboration Framework Agreement to enhance renewable energy projects across the UAE. This initiative aims to diversify the energy mix, improve energy security, and support local talent development. By accelerating clean energy solutions, the collaboration aligns with the UAE's Net Zero by 2050 goals and ambitious renewable targets.

South Africa Delays Power Market Launch While Strengthening State Oversight Of Energy Reforms

South Africa is cautiously reforming its electricity market, with the government maintaining control over planning, pricing, and regulation to ensure energy security and protect vulnerable communities. The launch of the South African Wholesale Electricity Market is delayed to allow for necessary governance preparations. A roadmap for future reforms aims to attract private investments while prioritizing Eskom's stability and expanding the national grid.

INSIGHTS

U.S. Energy Production Reaches Historic High In 2025 With Growth In Natural Gas, Oil, And Renewables

In 2025, the United States achieved its highest-ever energy production, totaling 107 quadrillion BTUs, a 3.4 percent increase from 2024. Key contributors included natural gas, crude oil, NGPLs, and renewable sources. Notably, dry natural gas and crude oil production reached historic highs, while coal production showed signs of recovery.

South Korea Eyes Renewable-Powered Port Electrification To Achieve Net-Zero Maritime Goals

As the International Maritime Organization aims for net-zero emissions by 2050, South Korea is focusing on port electrification to transform ports into energy centers. This strategy could reduce maritime emissions if renewable energy sources are utilized effectively. Challenges include centralized electricity management and a lack of data on port energy demand. Legal reforms and pilot projects for electric vessels are recommended to enhance clean energy integration and port modernization.

India Adds Over 18 GW Solar Capacity In 2026 As Total Installed Solar Base Crosses 154 GW

India's renewable energy sector is experiencing significant growth in 2026, particularly in solar energy, which now accounts for 67.7% of the total renewable capacity. The country added about 18.426 GW of solar capacity in the first four months alone. Together with wind energy, renewables now exceed 227 GW, aiding India's clean power goals.

Vietnam Strengthens Power Security With Renewables, BESS, And Grid Expansion Ahead Of 2026 Dry Season

Vietnam is proactively addressing potential electricity shortages for the 2026 dry season due to rising demand and global fuel challenges. To enhance energy security, the government is promoting renewable energy, rooftop solar systems, and battery storage initiatives, while also accelerating power infrastructure projects and targeting a reduction in national electricity consumption.

IN CONVERSATION

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...

Egypt and North Africa: At the Heart of the Solar Revolution – Hossam Hassan, Sr. Sales Manager North Africa

1. From your perspective, what makes North Africa and Egypt a strategic region for solar energy, and what major trends are currently driving growth...

Tiger Neo 3.0 is Not Just an Upgrade, It’s a New Standard for West Africa – Esther Eyenobong (Sales Manager – West Africa) on...

At the Jinko ESS product launch in Nigeria in November 2025, Jinko Solar introduced its flagship N-type innovation, the Tiger Neo 3.0. Sales Manager...

Driving Solar Efficiency: AI-Powered Monitoring and Affordable SCADA Solutions – Ashok D M,  Founder, CEO & MD EnerMAN Technologies Pvt Ltd

EnerMAN Technologies offers IoT-based AI/ML SCADA solutions; what key innovations define your latest solar monitoring products? EnerMAN IoT SCADA (ETi-SOL), a web and mobile application...

Gokin Solar Strengthens Middle East Presence with High-Performance TOPCon Solutions – Hasan Alkarawi, Regional Manager

In this exclusive interaction, Mr. Hasan Alkarawi, Regional Manager at Gokin Solar, shares insights into the company’s rapid growth in the Middle East, its...

JinkoSolar’s Saudi Odyssey: Decades of Innovation and the Road to Vision 2030 – Robin Li, General Manager (MEA&CA)

As JinkoSolar celebrates its 20th Anniversary, how do you reflect on your growth journey in Saudi Arabia and the key milestones that strengthened your...
Dinto Solar

UPCOMING EVENTS

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Technology

Explained: Improper String Sizing In Solar PV Systems And Its Impact On Overall Efficiency

Improper string sizing in solar photovoltaic systems can lead to significant energy losses, reduced performance, and reliability issues. Voltage mismatch, energy harvesting inefficiency, and mismatch loss among strings can all occur if string length is not carefully calculated. Considering environmental conditions and using proper design practices are crucial for optimal performance.

Weekly Tech Newsletter: Innovations Shaping the Future of Renewable Energy

The increasing integration of renewable energy presents challenges in managing grid stability and curtailment. Solutions like energy storage, smart control technologies for EV charging, and innovative hydrogen production methods are being developed to enhance efficiency and flexibility. Initiatives such as containerised energy storage and monitoring for floating solar systems aim to optimise performance and reliability.

Explained – The Technical Reality of Renewable Energy Curtailment and Grid Balancing Challenges

India's rapidly growing renewable energy sector faces challenges due to inadequate transmission and grid infrastructure. Recent curtailment incidents, such as ReNew’s scaling back generation, highlight the issue of balancing variable renewable output with demand. Solutions involve modernising the grid, enhancing transmission capacity, and incorporating energy storage and forecasting technologies.

Intelligent Control Technology Could Transform Solar-Powered EV Charging

Researchers at the National University of Singapore have developed a coordinated control method for ultra-fast EV charging powered by solar energy, eliminating the need for battery storage systems. This approach addresses the challenges of balancing solar generation, EV demand, and grid stability, potentially reducing installation costs for charging infrastructure by up to 10%.

New Chip-Based Electrochemical Technology Could Fast-Track Clean Fuel and Hydrogen Development

Researchers from the University of Surrey have developed a breakthrough "lab-on-a-chip" electrochemical platform that enhances the efficiency of renewable-powered carbon conversion technologies. This innovation enables real-time monitoring and AI analysis of chemical processes, aiming to convert COâ‚‚ into valuable fuels and chemicals, significantly contributing to clean energy advancements.

AUSTRALIA

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Egypt and North Africa: At the Heart of the Solar Revolution – Hossam Hassan, Sr. Sales Manager North Africa

1. From your perspective, what makes North Africa and Egypt a strategic region for solar energy, and what major trends are currently driving growth...

South Africa’s NERSA Approves Free Basic Electricity Rate For 2026/27 To Support Low-Income Households

The National Energy Regulator of South Africa (NERSA) approved a National Free Basic Electricity (NFBE) rate of 238.60 cents per kilowatt-hour for the 2026/27 financial year, effective from July 1, 2026. The program aims to help low-income households, but faces implementation challenges, prompting the establishment of a review panel for improvement.

Explained – The Technical Reality of Renewable Energy Curtailment and Grid Balancing Challenges

India's rapidly growing renewable energy sector faces challenges due to inadequate transmission and grid infrastructure. Recent curtailment incidents, such as ReNew’s scaling back generation, highlight the issue of balancing variable renewable output with demand. Solutions involve modernising the grid, enhancing transmission capacity, and incorporating energy storage and forecasting technologies.