EDPR and Sunseap will embark on renewable energy projects focused on solar and wind projects across Asia-Pacific, while targeting opportunities for cooperation in energy storage and green hydrogen, the companies said in a joint statement. . EDPR has concluded its $1. 1 billion purchase of 91 percent of Sunseap. international and local clean energy companies are based in Singapore 3. As part of its broad energy transition targets, Europe has taken a vocal leadership in climate ch nge mitigation initiatives, which includes the energy transition space. With ambitious government policies introduced over the last. . EDP Renewables (EDPR), the world's fourth-largest renewable energy producer, will invest $10 billion by 2030 to establish its Asia-Pacific headquarters in Singapore, while continuing to develop new clean energy projects across the region, the company said on Thursday (Feb 24).
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Egypt has revised its targets upward, now aiming to generate 42 percent of electricity from renewable sources by 2030 and over 60 percent by 2040, leveraging wind, hydropower, photovoltaic solar, and emerging technologies such as green hydrogen. . Egypt aims to increase the share of renewable energy in electricity generation to 42% by 2035, compared to 20% in 2022. This strategy is based on Egypt's desire to reduce dependence on fossil fuels. The plan details investments amounting to EGP136. 8bn) to reach a wide variety of capacity and electric network. . Egypt possesses an abundance of land, sunny weather, and high wind speeds, making it a prime location for renewable energy projects. Comprehensive power. . Prime Minister Mostafa Madbouly affirmed that the renewable energy sector receives significant attention from the Egyptian state due to its vital role in ensuring the availability and accessibility of electric power to meet developmental and consumption needs.
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Portugal's energy-storage market is entering a new stage of maturity, combining grid-scale standalone batteries and hybrid (co-located) systems with renewable plants. . PNEC 2030 establishes clear goals for scaling up renewable energy capacity. By the end of the decade, it aims to install: 20. These two sources alone will contribute more than 33 GW of intermittent renewable capacity, in addition to. . The growth of solar and wind generation by 2030 could result in 3-5 TWh of curtailment which storage can capture during solar peaks, then discharge to meet evening demand when renewable generation declines. Storage provides real-time flexibility, enabling participation in balancing markets and. . The renewable energy landscape in Portugal is moving into a new phase, marked by stronger commitments from international investors and the integration of storage technologies into large-scale solar projects. The new compressed air energy storage (CAES) project offers a 250MW/1,500MWh capacity solution - equivalent to powering 180,000 homes for 6 hours. Photo by Anna Vasileva According to the provisional results, unveiled last week, 43. .
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In a significant move towards bolstering its renewable energy infrastructure, Burundi has announced ambitious plans to double its solar energy generating capacity. While 63% of the urban population have access to electricity, in rural areas only 3% have electricity access. At the same time, there's a major chance to build a sustainable, fair, and resilient future. Burundi has abundant natural resources and a young, energetic population. The. . capacity (kWh/kWp/yr). The bar chart shows the distribution of the country's land area in each of these classes compared to the global. .
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Renewable energy in Israel accounts for 12. [1] . Currently, only 14% of Israel's electricity is generated from renewables like wind and solar, starkly contrasting with the European Union, where 48% of electricity came from clean sources in 2024. This slow progress highlights the barriers Israel faces in reaching its renewable energy targets, and. . The renewable energy in Israel market represents a transformative sector driving the nation's energy independence and sustainability goals. 2 Million in 2024 and is projected to reach USD 1633.
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Spain strengthened its position as one of Europe's most dynamic clean energy markets in 2025, adding 8,852. 7 MW of new renewable capacity, according to official data from Red Eléctrica. Solar photovoltaic (PV) dominated additions with 7,896. 4 MW came from onshore. . 56. 8% of all electricity generated in Spain over the last year came from natural sources such as wind, sun, or water. The Spanish electricity system added 7. This makes photovoltaic energy the. . The Spain Renewable Energy Market Report is Segmented by Technology (Solar Energy, Wind Energy, Hydropower, Bioenergy, Geothermal, and Ocean Energy) and End-User (Utilities, Commercial and Industrial, and Residential). . The use of renewable energy is expected to grow rapidly in the next few years. 3%, reflecting the country's progress towards its. . The country installed 8. As Spain looks to 2026, grid saturation and permitting bottlenecks are emerging as the main risks to sustaining growth.
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