KP Group, a leading renewable energy company, has signed an agreement with African nation of Botswana to collaborate on large-scale renewable energy generation, energy storage and transmission infrastructure, involving an estimated capital investment of Rs360 billion ($4 billion).
Nesma and Partners, a leading provider of integrated project solutions, has secured the main utilities and civil works package for Expo 2030 Riyadh. The scope of work includes construction of roads within the Expo site and installation of essential utilities.
The Kuwait Authority for Partnership Projects has issued Request for Proposals to qualified bidders for the development of Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III – Zone 2) Solar PV IPP project with a total capacity of 500MW.
Eni inaugurated a 200 kW solar plant at Lycée de Tataouine, completing its solar programme in 14 Tataouine schools. The initiative benefits around 7,000 students, teachers, and staff, promoting renewable energy access across southern Tunisia’s primary and secondary education institutions.
China's newly installed renewable energy power generation capacity surged 47.7 per cent year-on-year to 310 million kilowatts in the first three quarters of this year, the National Energy Administration (NEA) said.
The Trump administration's reciprocal tariffs aim to strengthen domestic manufacturing but disrupt clean energy supply chains. This evolving tariff landscape significantly complicates the renewable energy transition across the Americas, according to GlobalData, a prominent data and analytics firm.
Global investments in the energy transition reached a new record of $2.4 trillion in 2024, up 20% from the average annual levels of 2022/23. About one-third was directed towards renewable energy technologies, pushing the key sector's investment to $807 billion, said a report.
Terra-Gen, one of the largest independent, integrated renewable energy producers in the US, jointly owned by Masdar and Igneo Infrastructure Partners, announced the commissioning of the Monte Cristo I Windpower Project.
The Utilities for Net Zero Alliance (UNEZA) announced at COP30 the expansion of its annual investment target for renewable energy transmission and storage systems from $117 billion to $148 billion. The coalition of 73 members now foresees a project pipeline worth $1 trillion by 2030.
RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of IHC, has signed an agreement with Abu Dhabi-based Masdar to design tailored capital efficient reinsurance solutions for renewable energy infrastructure.
