India Adds Record 20.1 GW of Renewable Energy Capacity in Five Months
India achieved a major milestone by adding a record 20.1 GW of renewable energy capacity in just five months of fiscal year 2026, signaling a significant shift in the country’s energy landscape and accelerating its transition away from fossil fuels. This surge positions India as a global leader in renewable deployment and is expected to have wide-ranging impacts on domestic and international energy markets.[1]
Renewable Energy M&A Surges in Europe While Battery Storage Deals Slow
Europe saw a sharp uptick in renewable energy mergers and acquisitions (M&A) in November, with 40 deals announced, up from 33 in October, driven mainly by solar and wind projects. However, battery energy storage system (BESS) deals dropped significantly, with their share of renewable M&A falling from 27% in October to 15% in November, reflecting shifting investment priorities.[2]
World Renewable Energy Capacity Hits Record—but Acceleration Needed to Meet 2030 Goals
A new IRENA report reveals global renewable energy capacity additions reached an unprecedented 582 GW in 2024, yet the pace must accelerate sharply to triple renewables by 2030 as pledged at COP28. The report urges governments to double renewable targets and dramatically scale up investment in grids and storage to keep climate goals within reach.[4]
Abu Dhabi’s 5.2 GW Solar Project with 19 GWh Storage Delivers 24/7 Renewable Power
Abu Dhabi has launched a 5.2 GW solar project paired with 19 GWh of energy storage, enabling round-the-clock renewable electricity supply and substantial emissions reductions. This integrated project supports advanced grid reliability and underpins the emirate’s ambitions for clean energy leadership.[18]
Wind and Solar Meet All New Electricity Demand in 2025’s First Three Quarters
Analysis shows that growth in wind and solar generation covered all new global electricity demand during the first three quarters of 2025, halting the increase in fossil fuel-based electricity. This marks a pivotal shift in the global power sector, with renewables now absorbing demand growth and curbing emissions.[10]
Europe Launches Mega Infrastructure Fund and Major Clean Energy JV
The UK’s largest listed infrastructure fund has been created via a £5.3 billion merger of HICL and TRIG, combining renewables and core infrastructure portfolios. Simultaneously, TotalEnergies and EPH have formed a €5.1 billion joint venture, with TotalEnergies acquiring 50% of EPH’s 14+ GW flexible generation platform, boosting clean-firm power integration in key EU markets.