Latest Electricity News - Renewable Energy

Masdar 24/7 Clean Energy Project secures $5.1bn financing to deliver round-the-clock power in Abu Dhabi, pairing 5.2 GW solar with 19 GWh battery storage under a 13-bank package within a $6.1bn investment plan.   Inside the Issue $5.1bn financing closed within $6.1bn RTC investment. 5.2 GW solar plus 19 GWh BESS to supply 1 GW continuously. Backed by 13 international and local banks; operations due 2027. A landmark financing has closed for a world-first, gigascale Round-the-Clock renewable energy platform in Abu Dhabi, advancing a total investment of $6.1 billion and securing a $5.1 billion financing package to bring the project…

Baltic Power Offshore Wind marks Poland's first power milestone, achieving initial grid connection in July 2026 toward a 1.2 GW build, 4 TWh output, and 76 turbines, advancing energy security and decarbonization of the national grid.   Breaking Down the Details First electricity from Baltic Power enters Poland's grid. Project targets 1.2 GW and 76 turbines by autumn 2026. Output forecast 4 TWh, about 3% of demand, 1.5 million homes. JV by Orlen and Northland Power; five more farms planned. Poland has begun generating electricity from its first offshore wind project, as Baltic Power delivered initial power to the grid…

Germany Renewable Power Share H1 2026 reached 61.8 percent of net generation, driven by record solar output and stronger wind. Negative day-ahead prices and storage needs underscored grid flexibility trends across Germany and the EU.   Breaking Down the Details Renewables reached 61.8% of net public generation in H1 2026 Solar output hit a record 43.2 TWh across the half-year Wind generation rose 12.2% year over year Negative prices increased; storage capacity grew to 29.3 GWh EU solar set records; fossil output rose 6% to 78.6 TWh   Renewable sources supplied 61.8 percent of Germany's net public electricity generation in…

TotalEnergies Shell Renewables Deal adds European onshore solar, wind and battery storage assets, with about 500 MW operating capacity and a 3.5 GW pipeline across Italy, the U.K., and Spain, advancing utility-scale power growth.   Breaking Down the Details About 500 MW operating, 3.5 GW pipeline in Europe Onshore solar, wind and storage in Italy, U.K., Spain Shell streamlines ownership as TotalEnergies expands power TotalEnergies agreed to acquire Shell's entire European onshore renewables business, adding roughly 500 MW of operating capacity and access to a project pipeline of about 3.5 GW. The portfolio spans onshore solar, wind and battery storage…

Middle East Energy Investment is shifting as Strait of Hormuz disruptions refocus energy security, pushing capital toward electricity grids, renewables, storage and efficiency, while oil wanes and LNG, nuclear and batteries gain traction worldwide.   The Main Points Strait of Hormuz shock shifts spending to electricity and grids 2026 investment: $3.4T total; $2.2T to low-emissions and electrification Oil slips below $500B; gas to $330B; storage tops $100B The evolving conflict in the Middle East and the effective closure of the Strait of Hormuz have triggered the second major energy shock in five years, forcing a reassessment of capital allocation as…

European Solar Curtailment accelerates this spring as rapid PV additions outpace grid capacity, forcing record output cuts across Germany, the UK, and France, and raising concerns over grid congestion and EU power market efficiency.   Essential Takeaways Record curtailment reported across Europe in spring 2026 About 40 TWh could be switched off in the coming months Germany, UK, and France set spring generation records Capacity growth is slowing and financial returns are declining Europe's rapid buildout of photovoltaic generation has reshaped the continent's power mix, turning solar into the largest source of electricity during the summer months. This spring, however,…

European Grid Backlog is delaying renewables across Europe, as distribution queues stall grid connection for solar, wind and battery storage. DSOs, interconnection bottlenecks and €100 billion in projects highlight urgent investment and reforms.   Story Summary Report tallies 375 GW renewables, 455 GW storage in queues More than €100 billion in projects await grid connection DSO reforms and EU grid package target bottlenecks   Europe's clean energy rollout is running into a distribution-grid wall. A new analysis finds more than €100 billion in renewable energy investments are waiting years for connection, leaving communities unable to plug in solar, heat pumps,…