Global investment in geothermal energy is entering a phase of accelerated growth, with capital expenditure expected to increase by about 20% annually through 2030, according to Rystad Energy’s latest geothermal economics model. Geothermal energy,...

Sri Lanka’s Trincomalee Power Company (TPCL), a 50:50 joint venture between Ceylon Electricity Board (CEB) and India’s NTPC, has issued an engineering, procurement, and construction (EPC) tender for a 50 MW (Phase I) ground-mounted solar...

The Karnataka Electricity Regulatory Commission (KERC) has issued the draft Karnataka Electricity Regulatory Commission (Roadmap for Reducing Cross-Subsidy and Cross Subsidy Surcharge) Regulations, 2025. The draft regulations seek to formally...

Bulgaria’s Ministry of Energy has approved funding for 31 energy storage system (ESS) projects totaling 4 GWh, worth BGN 228.9 million (~$137.29 million), under its National Renewable Energy Storage Infrastructure RESTORE 2 program. The country...

Waaree Energies’ subsidiary, Waaree Solar Americas, will buy 53,68,551 Series B shares of polysilicon manufacturer United Solar Holding for $30 million. The proposed investment, for which the two companies signed a binding term sheet, will help...

Poland’s Ministry of Climate and Environment has signed eight additional agreements with energy clusters, allocating PLN264 million (~$73.42 million) to support local renewable energy and storage projects. The agreements are part of Poland’s...