
The IRS and Treasury issued Notice 2026‑15 to clarify how the One Big Beautiful Bill Act’s new foreign‑entity restrictions apply to clean‑energy tax credits. The notice defines “prohibited foreign entity,” outlines a material‑assistance cost‑ratio calculation, and provides interim safe‑harbor tables for Sections 45Y, 48E and 45X. Taxpayers can rely on the guidance for facilities beginning construction after Dec 31 2025 (or components sold after July 4 2025) for up to 60 days after the safe‑harbor tables are released. A 45‑day comment period invites industry feedback on definitions and anti‑circumvention rules.

Canadian oilfield services firm Ensign Energy Services is currently the sole operator of drilling rigs in Venezuela, maintaining two rigs in the Orinoco heavy‑oil region after two decades of continuous presence. A recent Trump administration general licence has opened the...
Alva Energy, a Massachusetts‑based nuclear startup, closed a $33 million Series A round led by Playground Global to fund retrofits of existing U.S. reactors. The company will replace steam generators and add a second turbine, boosting each plant’s output by 200‑300 MWe and...
The IEA‑PVPS Task 13 report warns that the second‑life photovoltaic module market remains fragmented due to missing IEC‑based qualification standards, costly manual repairs, and absent policy support. It recommends fast‑tracking IEC specifications, investing in automated testing hubs, and creating financial instruments...
Spain’s installed solar capacity hit the 50 GW milestone in early 2026, after adding roughly 8.7 GW in 2025. Solar now represents 33.9% of the country’s total installed power capacity and supplied 18.4% of electricity last year. The expansion was led by...
Solar photovoltaic installations continued strong growth in 2025, with Europe reaching a record 70 GW and global cumulative installations surpassing 700 GW, led primarily by China’s over‑half share. The market is increasingly bifurcated: mature regions stagnate while emerging economies accelerate, and battery...
Tesla will roll out its first vehicle‑to‑grid program in the United States, starting with Cybertruck owners in select Texas markets served by CenterPoint Energy and Oncor. The Powershare Grid Support Program lets participants earn energy‑bill credits by feeding power back...
Mercedes‑Benz Trucks handed over its first eActros 600 to Chilean carrier Empresas Cavalieri, marking the model’s debut outside Europe and the first series‑production electric long‑haul truck in South America. The vehicle will serve the Santiago‑Viña del Mar beverage route for Compañía...
Estonia’s utility Utilitas has commissioned an 80 MW/1,100 MWh thermal energy storage (TES) plant in Tallinn, while Lithuania’s state‑owned Ignitis Group has confirmed a €130 million, 291 MW/582 MWh battery storage portfolio that will use Rolls‑Royce BESS modules and Nidec Conversion power‑conversion equipment. Both projects...
President Donald Trump called the newly concluded India‑US trade deal historic, highlighting its potential to expand American energy exports, especially coal. The interim agreement slashes U.S. duties on Indian goods to a uniform 18% across textiles, apparel, chemicals and more,...
Adani Power has created a wholly‑owned subsidiary, Adani Atomic Energy Limited, with an initial ₹5 lakh investment to generate, transmit and distribute nuclear power. The move follows the passage of the SHANTI Act, which opens India’s nuclear sector to private players...
The final India Leadership Talks episode highlighted how virtual‑twin technology and model‑based engineering are moving from promise to practice across manufacturing, infrastructure and life sciences. Leaders from Godrej, KPMG and IndianOil Adani Ventures described a shift from basic digitalisation to...
NTPC’s shares have surged about 12 % in the last three months, outpacing the ET Power index, as the utility accelerates both thermal capacity additions and renewable growth through its NGEL subsidiary. The company now operates roughly 86 GW of installed capacity...
The Comptroller and Auditor General (CAG) flagged that NLC India's Mine‑II in Neyveli operated without a valid environmental clearance, stemming from delayed revalidation. The audit also revealed severe land constraints, leaving only 46.19 hectares for active mining and an estimated...
VEIR, a superconducting power‑solutions firm founded in 2019, is targeting the growing power‑density gap between data‑center demand and legacy grid capacity. CEO Tim Heidel explains that existing transmission corridors are congested, creating long interconnection queues and curtailment risks. VEIR’s high‑temperature...

AI adoption is now common in North American electric utilities, with over 80% reporting some use of the technology. Yet many pilots stall because they are treated as side projects rather than core operations. The article stresses that embedding AI...

Aggreko has installed rooftop solar systems at two U.S. service centers—a 100‑kW array in St. Louis that meets about 40 % of the site’s electricity and an 87.3‑kW array in Bridgeport covering roughly 64 % of its power needs. The installations cut...

SolarEdge Technologies announced a partnership with grid‑software firm WeaveGrid to bring its residential battery systems into the utility‑focused Distribution‑Integrated System Capacity Orchestration (DISCO) platform. DISCO, originally built for large‑scale EV charging management, will now coordinate both electric vehicles and home...

The National Laboratory of the Rockies (NLR), formerly NREL, announced a second major workforce reduction this year, cutting 134 employees. The layoffs follow a prior round of 114 cuts nine months earlier and are attributed to adjusted funding levels and...

Intellirent has launched a new regional service center in Phoenix, Arizona, slated to begin operations on February 23, 2026. The facility is positioned to serve power, utility, industrial and infrastructure customers with faster access to electrical testing equipment and local...
The European Investment Bank is injecting €60 million into Solas Capital’s Sustainable Energy Fund II to launch a new financing platform that will support energy‑efficiency projects for SMEs across the EU. The platform is designed to mobilize nearly €400 million of total capital,...
XPeng has revamped its Southeast Asian approach in early 2026, moving from a niche importer to a regional powerhouse with local manufacturing and an integrated ultra‑fast charging backbone. A partnership with Indonesia’s Voltron delivered the first 480 kW station, enabling the...

AES Indiana has brought online a 250‑MW solar farm paired with 180 MWh of battery storage at the Petersburg Generating Station, a 2‑GW coal facility in Pike County. The new Petersburg Energy Center replaces two coal units that date back to...

WindEurope warned that Europe’s industrial competitiveness hinges on rapid electrification backed by policy support. The association highlighted wind’s low‑cost electricity and cited Germany’s approval of over 20 GW onshore wind and the UK’s 8.4 GW offshore CfD awards as proof of scaling...
Faraday Future is rolling out its Super One, an AI‑centric luxury electric SUV priced between $20,000 and $80,000, positioning it as a direct challenger to high‑end models like the Cadillac Escalade. The company recently secured $30 million to fund the broader...

SOLRITE Energy and sonnen have launched a battery‑only virtual power plant (VPP) product for Texas homeowners, offering up to 60 kWh of storage at a flat 12¢ per kWh all‑in rate. The service costs a modest $20 per month and is limited...
The National Green Tribunal (NGT) took suo‑motu cognizance of a newspaper report after an explosion killed 18 miners in an illegal rat‑hole coal mine in Meghalaya's East Jaintia Hills. The tribunal ordered the state chief secretary, the Central Pollution Control...
Foreign Minister Sergei Lavrov told the Russian Duma that only U.S. President Donald Trump has claimed India will cease buying Russian oil, and no Indian official has made such a statement. Lavrov highlighted India’s new BRICS chairmanship and its focus...
India has urged its state‑owned refiners to give priority to crude from the United States and Venezuela as part of a broader effort to diversify supplies and reduce reliance on Russian oil. The government’s suggestion applies to spot‑market tenders for...

Solar Ireland has appointed former TD Seán Sherlock as its director of policy and regulation, bolstering the group’s senior policy capacity at a pivotal moment for Ireland’s energy transition. Sherlock brings more than two decades of senior government and EU...

Solar Power World’s first “Projects of Impact” highlights a 17.6 kW solar installation on five Habitat for Humanity homes in Philadelphia’s historic Strawberry Mansion neighborhood. The project, funded by an anonymous donor, was built by Exact Solar in partnership with Habitat homeowners...
VinFast is abandoning its U.S. and Canadian rollout and refocusing on Asia, aiming to sell 300,000 vehicles annually by 2026. The company posted over $3 billion in net losses, with U.S. sales never rising above a few hundred units per year....
The U.S. Treasury issued a general license for Venezuelan oil and gas exploration that explicitly excludes Russian and Chinese entities, tightening restrictions on Moscow’s energy interests. Kremlin spokesman Dmitry Peskov said Russia will seek clarification from Washington to protect its substantial...
Ore Energy completed Europe’s first 100‑hour iron‑air long‑duration energy storage pilot at EDF Lab les Renardières, demonstrating multi‑day grid‑connected operation. The test, part of the EU‑backed StoRIES program, ran for several months under varied load profiles and seasonal conditions, moving...

European Energy secured Contracts for Difference for three solar farms in the UK, totaling 116 MWp, at a strike price of £65.23 /MWh. The projects—Church Farm, Manor Farm and Old Hall Farm—were awarded in Allocation Round 7a, which delivered 14.7 GW of clean power...
Morgan Stanley’s Chetan Ahya says India is entering a new capex wave driven by a global industrial cycle revival, stronger non‑tech exports, and three structural trends: AI‑related infrastructure, higher defence spending, and the energy‑transition push. He notes that the Indian...
Andhra Pradesh chief secretary K Vijayanand ordered power utilities to guarantee uninterrupted, 24 × 7 electricity during the upcoming summer. He emphasized rapid commissioning of the Polavaram Hydel Power Project, with the first seven 80‑MW units slated for July 2027, delivering 960 MW of clean...

Ørsted has received the first six monopiles for the Hornsea 3 offshore wind project at Teesside, marking the start of on‑site works for what will become the world’s largest offshore wind farm. The steel foundations, supplied by Haizea, weigh about 1,670 tonnes...
TotalEnergies announced a 62% reduction in its Q1 share buyback, lowering the program to $750 million after a fourth‑quarter adjusted net income of $3.8 billion fell 13% year‑on‑year. The cut reflects weaker oil and gas prices that offset a 215% surge in...
Haryana Electricity Regulatory Commission (HERC) is pushing for modernisation and efficiency in the state’s power distribution network, urging companies to cut AT&C losses and boost consumer satisfaction. At a public hearing, Chairman Nand Lal Sharma highlighted the need for network...
MSEDCL has petitioned the Maharashtra Electricity Regulatory Commission (MERC) to review its multi‑year tariff, prompting a public hearing that drew industry, consumer and expert criticism. Participants warned that the proposed tariff could lift electricity costs by 25‑30%, endangering MSME profitability...

Haugland Group and Waterson Terminal Services have signed a memorandum of understanding to develop New York ports for offshore wind projects. The deal merges Haugland’s marine construction, infrastructure, and logistics expertise with WTS’s terminal operations and cargo handling capabilities. Announced at...
The India‑Chile free trade negotiations are moving toward a Comprehensive Economic Partnership Agreement that explicitly includes critical minerals such as lithium, copper, and cobalt. Chile’s abundant reserves could supply India’s “Make in India” and clean‑energy ambitions, while recent moves by...
BMW Group and energy provider Eon have introduced Germany’s first commercial vehicle‑to‑grid (V2G) offering for private customers. The package includes a bidirectional Wallbox Professional, a dedicated V2G electricity tariff, and a smart meter, initially targeting BMW’s Neue Klasse models such...

Korea Midland Power has committed €890 million to acquire a 96.1 million‑share stake in the 390 MW Sinan Ui offshore wind farm off South Jeolla Province. The project, part of a €1.9 billion development, targets commercial operation by February 2029 and will supply power to roughly...
Polaris Smart Metering announced the deployment of more than one million smart meters across India under the government’s Revamped Distribution Sector Scheme (RDSS). The rollout enhances billing accuracy, reduces AT&C losses, and provides granular data for grid operators to manage...
India's solar module capacity has surged to about 144 GW and is projected to reach 180 GW by FY30. However, upstream segments lag, with cell capacity stuck near 23.4 GW, creating a supply‑demand mismatch as installations are expected at only 45‑50 GW annually. The...
The Central Pollution Control Board (CPCB) has ordered the immediate shutdown of units 6 and 8 at Maharashtra’s Parli Thermal Power Station after repeated violations. The plant failed to install required online emission monitoring, operated with expired consent, and recorded particulate matter...
Nissan unveiled the 2026 Rogue Plug‑in Hybrid with a starting MSRP of $45,990 for the SL trim and $49,990 for the Platinum, marking the automaker’s first U.S. plug‑in hybrid. The model delivers an estimated 38 miles of electric‑only driving, a...
The Sierra Club has filed an appeal against the EPA’s approval of South Carolina’s regional haze plan, which it says does nothing to curb air pollution affecting national parks and wilderness areas. The state’s plan exempts 19 industrial facilities, including...