Solar, wind, hydrogen — the clean energy transition.
Mexico's state utility CFE has reached 27% physical construction progress on the 1,000 MW Puerto Peñasco solar plant, a key milestone for Mexico's public renewable strategy. In Europe, the EU granted priority status to cross-border hybrid wind-solar projects, including a Poland-Germany link. Meanwhile, India faces a green hydrogen capacity-demand mismatch as subsidies remain unclaimed despite significant project buildout.
India's wind energy investment cycle is accelerating with major capacity deployments from Suzlon and Tata Power, while a landmark EU cross-border solar-wind project in Poland-Germany secures priority status. Global wind repowering could unlock $100 billion in investment as 178 GW of aging capacity enters prime replacement window by 2030.
India's renewable energy sector surges with Actis launching a 3 GW clean energy platform, while Greece charts an ambitious path to 8.6 GW of battery storage by 2030. Meanwhile, India's Cabinet approved a ₹1.86 trillion green energy corridor scheme featuring 50 GWh of battery storage deployment by 2032-33.
India approved a ₹1.86 trillion green energy corridor scheme with 50 GWh battery storage capacity by 2032-33; Adyant Renewables signed a 50 MW wind deal with SECI; US Senate reached a bipartisan permitting reform agreement to accelerate renewable project approvals.
New York's NYSERDA has approved 1.7 GW of new state renewable energy projects including 950 MW of bulk storage, while China's National Energy Administration issued a plan covering 39 hydrogen energy standards across the full production-storage-utilization chain. India's renewable generation hit 38,792 MU in August (39.24% growth), and Crisil forecasts up to 50 GWh of battery storage capacity added in India over the next two years.
The big story of the week: Wood Mackenzie analysis shows fuel-replacement and decommissioning demand will drive a substantial share of solar and wind buildout through the 2040s, with over 30 GW of wind already slated for decommissioning globally by end-2026. Spain doubled down on green hydrogen as a "national project" following its National Hydrogen Strategy push, while Ireland's Autumn 2026 Legislation Programme confirms energy as one of the busiest areas on the Oireachtas agenda. Fresh project news roundups this week highlight activity from Ocean Winds, Skyborn, PSE and China Energy Engineering.
This week's headline developments include India's NTPC Green Energy commissioning 68.22 MW of solar in Gujarat and Purvah Green Power signing its first commercial & industrial wind supply deal for a 49.5 MW project in Madhya Pradesh. On the policy front, Ireland's Department of Climate has a busy energy slate in its Autumn 2026 Legislation Programme published 10 September 2026. A new Wood Mackenzie analysis finds that decommissioning and repowering will drive 23% of solar buildout in the 2040s.
Estonia's largest battery storage financing moved forward this week as Taaleri Energia and KJK Capital backed a 192 MW/420 MWh project, while NTPC Green Energy commissioned 68.22 MW of solar in Gujarat, lifting its group capacity to 10,911 MW. On policy, India's power ministry sent the draft National Electricity Policy 2026 to Cabinet, and Ireland is set to announce a €600 grant for home solar batteries.
The US is on track for a record 86 GW of new utility-scale clean capacity in 2026, while China's installed renewables hit 2.455 TW. Meta signed a 144-MW Texas solar PPA with Apex Clean Energy amid surging data-center demand, and reNIKOLA locked in a 30-year PPA for a 363 MWp solar project in Sarawak, Malaysia. In policy news, Maharashtra clarified its renewable and storage targets, and a new Nature Energy paper argues EU green hydrogen policy should account for spatial spillovers.
This week, global renewable energy investment trends continue to evolve with first-half 2026 figures reaching $327.5 billion, while regional projects in Azerbaijan and Germany highlight the growing integration of battery storage with solar. Key developments include Masdar’s agreement to develop a 350 MW solar and 200 MWh storage project in Azerbaijan and a new corporate power purchase agreement between Zelestra and Salzgitter Flachstahl in Germany.
Global renewable energy investment continues to accelerate, with BloombergNEF reporting $327.5bn invested in the first half of 2026, driven by a record $25bn into co-located solar and storage. In the US, the SunZia project, touted as the largest in history, is now fully operational, delivering more power than the Hoover Dam. Meanwhile, Latvia’s Latvenergo is expanding its Baltic battery storage and solar push alongside wind acquisitions.
Global renewable energy investment has reached a staggering $665 billion in 2026, with solar, wind, and battery storage projects reshaping the global power market. In the United States, the utility-scale sector is projected to install a record 86,000 MW of new capacity this year, with 93% derived from solar, wind, and storage. Meanwhile, green hydrogen investment is moving from ambitious announcements to construction and financing, led by massive projects like the $40 billion AMAN and $8.4 billion NEOM initiatives.
India's Central Electricity Authority (CEA) has proposed mandatory co-located battery storage and grid-forming inverters for all new ground-mounted solar and onshore wind projects, signaling a major shift toward firm renewable power. In a significant market consolidation, Qualitas Energy acquired a 5.8 GW solar-plus-storage pipeline from Macquarie across the UK, Italy, and Spain. Meanwhile, Italy deployed 2.61 GW of solar capacity in the first half of 2026, needing another 3.3 GW in H2 to meet its annual target.
Global renewable energy investment hit a record $327.5 billion in the first half of 2026, driven by a $25 billion surge into co-located solar and storage projects. In policy news, Croatia launched a €38 million subsidy scheme for households that includes battery storage for the first time. Meanwhile, Adani Green Energy commissioned a 139 MW solar project in Gujarat, India, and Inox Wind secured a ₹755 crore ($90 million) contract for a 100 MW wind project.
Global renewable energy investment hit a record $327.5 billion in the first half of 2026, driven by a $25 billion surge into co-located solar and storage. In Australia, the $1.7 billion Theodore wind farm has begun construction, marking the first major project under the federal Capacity Investment Scheme to break ground. Meanwhile, US utility-scale battery storage capacity nearly doubled in the first 18 months of the current administration's term, with Q2 2026 deployment hitting new records.
Global renewable energy investment reached a record $327.5 billion in the first half of 2026, driven by a historic $25 billion surge into co-located solar and storage systems. In Egypt, Masdar and the Ministry of Electricity accelerated major wind, solar, and battery projects during high-level talks, while Brazil’s Rio Grande do Norte state implemented new environmental rules to attract green hydrogen production. Despite the investment boom, over 100 GW of green hydrogen projects globally face critical deadlines due to a lack of confirmed customers.
India’s renewable sector is witnessing a massive shift toward integrated energy models, with major players like Adani, ReNew, and Tata Power leading a race in battery storage and green energy investments. In Africa, mining companies are emerging as key buyers of renewable energy, driven by grid instability and rising tariffs. Meanwhile, the US continues to see strong growth in utility-scale solar and wind projects, with significant financing rounds securing GW-scale capacity.
India’s regulatory agencies have authorized up to four-month deadline extensions for renewable energy projects delayed by West Asia disruptions, providing critical relief to developers. Simultaneously, the United States has reached a milestone of 52 GW in utility-scale battery storage capacity, with developers already lining up an additional 54 GW by 2028. In Australia, the National Electricity Market recorded a historic 9.1 GW of new generation and storage connections reaching full output in FY26, more than double the previous year's result.
India’s Union Cabinet has approved a $531.7 million program to deploy 5 GW of floating solar PV paired with battery storage, marking a major push for grid stability. In North America, a $70 billion clean energy investment covering 14,000 MW of renewable power, including the Churchill Falls and Gull Island projects, has been finalized. Meanwhile, European hydrogen infrastructure is accelerating with France's 800km HY-FEN pipeline entering a new phase of development.
PJM accepted 715 generation projects into a new “first-ready, first-served” interconnection queue, including 314 storage, 117 solar and 61 wind projects. In France, Erea Invest secured €20 million in financing for four solar parks totaling 26 MWp, while fresh reporting highlighted a U.S. hydrogen-development race tied to the $3/kg 45V tax-credit deadline.
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