Thursday, July 2, 2026

Energy

EBRD, EIB and EU Back Tunisia’s 100 MW Solar Plant in Sidi Bouzid with €61.3M Loan

The Sidi Bouzid solar plant is forecast to generate 252 GWh of clean electricity annually and avoid an average of 107,000 tonnes of CO₂ per year over its lifetime. The EU is contributing €5.5 million in grants for transmission infrastructure as part of a broader €35.8 million Global Gateway renewable energy package for Tunisia.

Clean Energy Investment Hit USD 2.3 Trillion in 2025 — But the WEF Says It Is No Longer Enough

The ETI 2026 exposes a structural disconnect: record investment volumes are not translating into proportional transition progress. Only 25% of countries advanced across all three ETI pillars simultaneously. Geopolitical shocks — including Hormuz disruptions — are eroding the foundations that green capital depends on to deliver returns.

Shell Plans $1 Billion Offshore Wind Sale to Boost Fossil Fuel Strategy

Shell mandates Rothschild & Co and PJT Partners to sell offshore wind assets. Following Scottish and US project exits, the sale reflects an industry-wide reassessment of renewable profitability vs. oil and gas.

Hybrid Solar-Storage Systems: The Next Frontier in Europe’s Energy Transition

Hybrid PV systems combining solar generation and battery storage are set to halve Europe's energy system costs by 2030, saving over €50 billion a year in gas imports.

EU Moves to Cut Electricity Taxes on Renewables to Ease the Energy Crisis

The EU is set to overhaul electricity taxation, accelerate smart meter rollout, and fund climate social plans. Households could save up to €200 a year. A legislative proposal is expected within weeks.

Every €1 of Public Wind Funding Returns €7 to Europe’s Economy — Here’s Why the EU Cannot Wait

Every €1 of public wind investment yields €7 in annual economic returns for Europe by 2040, according to a new Trinomics study. The case for earmarking EU budget funds for wind has never been stronger.

Egypt Energy Show 2026: Inside the Summit Where the World’s Energy Future Is Being Decided

Egypt Energy Show 2026 takes place March 30–April 1 at the Egypt International Exhibition Center. It gathers 50,000+ participants, 300 speakers, 500 exhibitors, and ministers from 7 countries to address energy security, hydrogen, AI, and decarbonization.

Middle East War Sends Oil Prices Soaring: Global Energy Security and the Strait of Hormuz Crisis Explained

As tensions rise in the Strait of Hormuz, global energy markets face extreme volatility. Oil prices briefly surged toward $120 per barrel before dropping sharply, highlighting a market driven by geopolitical risk and fragile supply routes.

Europe’s Energy Sovereignty: Why Home-Grown Power is the Only Way Forward

As geopolitical tensions choke energy supply lines, Europe faces a choice: continue subsidizing the past or invest in a self-sufficient future. From PPA guarantees to tax reform, here is how the EU can jumpstart a "home-grown" electricity revolution.

KEY 2026: Rimini Energy Transition Expo Attracts 1,000+ Exhibitors and 530 Global Buyers

The doors have closed on the 2026 edition of KEY – The Energy Transition Expo, and the atmosphere at the Rimini Expo Centre was...

Europe Needs Stronger Ports and Shipyards to Deliver Its Offshore Wind Ambitions

Europe’s offshore wind industry is gaining momentum after successful auctions and new political commitments. But a critical bottleneck remains: ports and shipyards. Without stronger maritime infrastructure and vessels, Europe risks slowing the expansion of offshore wind and weakening its energy security.