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World Bank Approves $150 Million Program to Accelerate Sri Lanka’s Clean Energy Transition
The World Bank Group has approved a $150 million program designed to help Sri Lanka transition toward clean, reliable, and affordable energy. The initiative, titled Secure, Affordable, and Sustainable Energy for Sri Lanka, aims to reduce the country’s dependence on expensive fossil fuel imports while accelerating the shift to solar...
Equinor’s BeGreen Launches 65 MW Ingerslev Å Solar Plant in Denmark
Equinor has officially begun production at its Ingerslev Å solar plant, located in Jutland, Denmark. This marks the successful operational launch of the 65 MW facility, which is managed by BeGreen, a subsidiary fully owned by Equinor. The solar plant’s first production represents an important achievement in Equinor’s strategy to...
Modi Urges Global Unity on Energy, AI at G7 Summit
At the G7 Outreach Session on Energy Security, Prime Minister Narendra Modi urged the global community to prioritize the concerns of the Global South, particularly in light of global conflicts and crises. Highlighting that countries in this region are often the most affected by food, fuel, fertilizer, and financial crises,...
India Proposes Virtual Power Purchase Agreements to Boost Renewable Energy Trade
India’s power market regulator, the Central Electricity Regulatory Commission (CERC), has proposed a significant amendment to its electricity trading rules, as reported by Reuters. The draft regulations, set to be incorporated into the Power Market Regulations of 2025, aim to introduce Virtual Power Purchase Agreements (VPPAs) as a new financial...
