Global Monitor

Taiwan is among several countries experiencing an energy crisis, with its supply of power struggling to keep up with demand from a rapidly growing high-tech sector. The country has long depended on imported

GE Vernova’s Wind segment announced it has signed an agreement to provide Forestalia with eight of its 6.1-MW wind turbines to power a 49-MW wind project in Aragón, Spain. The deal is part of a framework agreement that the two companies first announced in December 2023 to support the development of projects in the region.

Government officials in Germany are supporting development of a nuclear fusion pilot plant. Officials have said they want nuclear fusion to be a priority of the country’s energy agenda, barely two years after the country decommissioned its last three operating nuclear power plants in April 2023 at the direction of then-chancellor Angela Merkel.

While Alberta’s historical energy legacy has been defined by coal and crude oil, the Canadian province has embraced renewables and carbon capture over the past two decades, and is now exploring small modular

Major German BESS Project Closes Financing. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh

China’s construction of coal-fired power plants reached nearly a 10-year high in the past year, even as the country also continues a massive expansion of renewable energy installations. A February report

India Prime Minister Narendra Modi recently reiterated his pledge to more than double his country’s current renewable energy capacity, telling delegates to the India Energy Week 2025 conference in New Delhi

Europe’s ambitious push toward carbon neutrality is rapidly replacing fossil fuel–fired power generation with variable renewable resources (VRE), but this shift is exposing the region to a growing risk of

U.S. Withdraws from Global Clean Energy Partnership. The U.S. has withdrawn from the Just Energy Transition Partnership (JETP), a 2021-launched financing cooperation mechanism, that seeks to help a selection

The China Global Power (CGP) Database, developed by Boston University’s Global Development Policy Center, systematically tracks power plants outside of China that are financed through Chinese foreign direct investment and its two major policy banks—the China Development Bank and the Export-Import Bank of China. As of mid-2022, China-backed investments supported 648 power plants across 171.6 […]