Energy Transition Update

As 2026 begins work persists on a collaborative international energy transition that will preference clean renewable power over fossil fuels. The UK and Republic of Ireland continue to invest in large projects as well as adding clean power capacity to respective national grids.

The European block is also heavily investing in a range of green fuel facilities whilst the Asia Pacific region continues to implement various alternative energy installations into circulation with a heavy emphasis on foreign investment. 

American domestic energy policy remains convoluted, however a positive step towards further widespread renewable dispersal has been granted, as President Trump’s attempt at halting several huge offshore wind construction projects has been reversed by a district court judge. In short: the start of 2026 has been beneficial towards all parties that seek to introduce clean international energy supplies and usage.      

UK & Ireland

Scottish renewable group Renewco Power has received £29 million of funding to develop a number of projects including solar, battery storage and green hydrogen energy that stretch across the UK, Spain and Italy.

Swedish renewable developers Orron Energy has secured grid connections for 6 large UK projects that combine for 2900MW of clean energy capacity.

Irish renewable developer Ecopower Ltd has secured €200 million of credit to construct a 100MW wind farm in the Republic of Ireland.

Europe

Finnish clean energy fund management firm, Taaleri Energia, have closed their latest round of investment with €630 million positioned inside The Taaleri Solar Wind 3 Fund. Investments will be distributed towards onshore wind, solar and battery energy storage projects that span Scandinavia, the Baltics, Southeast Europe, Spain and Texas.

Spanish based renewable outfit Zelestra has secured €13 million financing for 2 solar projects located in Italy. 

French asset management group, Cube Infrastructure Managers, has attracted an additional €150 million of investment commitments for their CubIKS solar PV and Battery storage fund. The total raised now sits at €325 with all funds eventually planned to being dispersed towards solar PV and battery energy storage projects across Germany and northern Italy over the next 5 years.

Asia Pacific

Danish renewable developer, European Energy, has been granted planning approval for the Upper Calliope solar farm in the Australian state of Queensland.

Global Spanish energy company, Iberdrola, has fully purchased the 242MW Ararat wind farm located in the Australian state of Victoria from Swiss investment managers Partners Group and Canadian fund manager firm OPTrust.

Global Malaysian energy infrastructure company, Yinson Renewables, has acquired the rights for the 95MW Mt Cass Wind Farm in New Zealand from Main Power New Zealand, an indigenous electricity distributor. Operations will commence in 2028 and will be capable of powering 40,000 households with clean power.

USA

American clean power company, Exus Renewables North America, has reached an agreement that will see the company provided with $400 million of credit. These finances will advance plans to acquire a portfolio of solar, wind and battery storage projects across North America.

The Trump administration’s attempt to halt work on a huge 704MW offshore wind project has been stopped by a district court judge who granted an injunction on the imposed shutdown. An additional 4 other projects will now seek to reverse identical orders placed on them by the President Trump’s office.

US renewable company, Apex Clean Energy, has closed financing for 3 large renewable projects that will be located in Texas, Ohio and Illinois. The installations will combine to create 670MW of green power capacity and will cost around $2.79 billion.