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...

The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved the procurement of 1,162.8 MW of solar power for feeder-level solarization of agricultural feeders under Component C of the PM-KUSUM program. The approval covers projects...