The biggest risk to the UK’s Clean Power 2030 is capacity that secures an allocation but fails to deliver, leaving build-ready projects stranded. The success of the UK’s Allocation Round 8 (AR8) for renewable capacity will therefore not be determined by the number of contracts awarded, but by the speed and scale of turning capacity on paper into projects and ultimately, generation on the grid.
By Angus Widdowson, Head of Generation, SmartestEnergy
The German renewable energy company ABO Energy has signed a cooperation agreement with the City of Oulu to progress plans for a 600 MW green hydrogen plant in the city.
Saudi Arabia and Türkiye have announced plans to cooperate on renewable energy, which both countries aim to develop in bulk. Saudi Arabia has already invested heavily in Türkiye’s solar power sector and aims to deepen its energy partnership with Türkiye.
Insurance alone cannot drive the transition, but specialist underwriting can help create the confidence needed for investment.
By Oli Williamson, Co-Founder and Chief Underwriting Officer, Aspect
Zimbabwe has announced that it intends to add up to 4600 MW of power capacity by 2030 in an attempt to address chronic electricity shortages across the country, meet rising demand, and strengthen energy security.
China’s National Development and Reform Commission and the National Energy Administration have presented the country’s new five-year renewable energy plan for 2026-2030. Both institutions anticipate that the Chinese renewable energy industry will grow and show improved operational quality.
Australia’s National Electricity Market (NEM) connected 9.1 GW of new generation and energy storage to full output in FY26, more than double the amount connected in FY25, according to the Australian Electricity Market Operator (AEMO) latest quarterly connections report.
Uniper has announced plans to invest €5 billion by 2030 in energy security and the transformation of European power systems. Around half of the investment programme is expected to be placed in projects in Germany.
Organisations that are too small or too widely spread to sign a CPPA alone can work with others to reach the scale that makes a deal possible.
By Robert Groves, CEO, SmartestEnergy
Manila Electric Co (Meralco) of the Philippines has started a Competitive Selection Process (CSP) for 600 MW of baseload capacity following the issuance of a Certificate of Conformity by the Philippine Department of Energy (DOE).