Guatemala's Generation Expansion Plan 5 (PEG-5) tender has attracted 51 bids totaling nearly 4.7 GW, with around 2 GW of solar projects, including hybrids with storage, competing for long-term supply contracts starting between 2030 and 2033. The Ministry of Energy and Mines and the National Electric Energy Commission (CNEE) opened the technical bids under the PEG-5, seeking to contract firm capacity and associated energy for distributors EEGSA and Energuate to ensure long-term supply amid projected demand growth. The tender, considered the largest in Guatemala's history, could mobilize over $3.7 billion in investment and is expected to increase competitive pressure in the reverse auction set for March 25. The process is part of the government's strategy to advance universal electrification and address new hourly demand peaks, framed within the Law of Incentives for the Development of Renewable Energy Projects.
Category: Electricity & Industry
Cut Emissions:
– Enhance Efficiency
– Cut Fugitive Emissions
– Shift Production
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Octopus Energy plans $1bn investment in Californian clean technology
Octopus Energy Generation has announced a $1bn investment in Californian clean technology, focusing on carbon removal and renewable energy projects. The funding will support companies working to restore grasslands and forests to absorb carbon dioxide, as well as invest in heat battery technology to reduce emissions from industries. California's goal of reaching 100% renewable energy by 2045 is being supported by Octopus Energy Generation through investments in clean energy projects across the US, aiding in the transition away from fossil fuels.
https://www.power-technology.com/news/octopus-energy-plans-1bn-investment/
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First stage of Australia’s second-biggest battery starts commercial operations in the Sunshine State
The first stage of the Supernode battery in Australia, developed by Quinbrook and managed by Origin Energy, has commenced commercial operations, with plans to expand to a 780 MW, 3,074 MWh capacity to support Queensland households. Origin has secured contracts for 100% of capacity across Stages 1 and 2, showcasing the crucial role of battery storage in the energy transition. The project serves as a model for large-scale storage supporting power system evolution, emphasizing the use of local labor and equipment. Additionally, the article offers a daily newsletter for clean energy news, attracting over 28,000 subscribers.
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Japan’s Smallest EV Gets Backing From One Of Its Largest Energy Companies
KG Motors delivered the first MiBot units in December 2025, with plans for mass production starting in April 2026, targeting 300-500 units monthly. Idemitsu Kosan's collaboration with KG Motors includes converting apollostation network into electrified energy hubs to support the MiBot and other electric vehicles. The MiBot, designed for short urban commutes, reflects Japan's shift towards micro-EVs and renewable energy-powered service stations. This initiative challenges the traditional model of larger, more expensive EVs and signifies a practical adaptation to the energy transition, with potential global implications if successful.
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Major capital raise seeks $450 million to “lead New Zealand’s renewable energy future”
Contact Energy in New Zealand is raising $NZ525 million to accelerate its renewable energy development plans, with a focus on infrastructure to support the country's growing electricity demand. The company's recent acquisition of Manawa Energy has added hydroelectric and geothermal stations, a grid-scale battery, and a solar farm to their portfolio. Contact Energy will be constructing a 200 MW/400 MWh battery and a 150 MW solar farm, with ongoing development of other renewable projects. This capital raise will fund further geothermal and solar projects, aligning with efforts to combat climate change and transition to cleaner energy sources for a more renewable, resilient, and affordable energy future.
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Renewables account for more than 55 pct of Spain’s energy mix in 2025, and in first month of 2026
In 2025 and January 2026, renewable energy made up over half of Spain's total energy mix, with wind energy leading the way followed by solar PV. Despite rising electricity demand, renewable production reached record levels, with wind power maintaining its position as the top source of electricity generation. Energy storage technologies played a crucial role in maximizing the utilization of renewable energy sources.
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World’s first 628 Ah grid-scale battery enters operation
The world's first 628 Ah grid-scale battery has been successfully implemented in China, showcasing a major advancement in the industry. This project utilizes 200 MW/400 MWh battery energy storage with lithium iron phosphate cells, featuring an innovative design with stacking processes and high-toughness separators for improved safety and cost efficiency. EVE Energy has been mass-producing these large-capacity cells since December 2024, positioning themselves as a leader in the field of grid-scale battery solutions. This development highlights the potential for scalable and sustainable energy storage solutions to support the transition to a cleaner and more efficient energy system.
https://www.pv-magazine.com/2026/02/12/worlds-first-628-ah-grid-scale-battery-enters-operation/
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BrightNight initiates construction at Arizona’s Pioneer Clean Energy Centre
BrightNight is constructing the Pioneer Clean Energy Centre in Arizona, featuring a 300MW solar power plant and 300MW/1.2GWh of battery energy storage to provide clean and affordable electricity while enhancing grid resilience. This project is projected to reduce carbon dioxide emissions by 641,893t annually and save 260 million gallons of water. Additionally, it will create 250-300 jobs during construction and bring in $83.3m in local and state property tax revenue.
https://www.power-technology.com/news/brightnight-pioneer-clean-energy-centre/
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Q&A: New UK onshore wind and solar is ‘50% cheaper’ than new gas
The UK government's latest Contracts for Difference (CfD) auction has secured a record 7.4GW of solar, onshore wind, and tidal power, making it the largest auction round to date. Contracts were agreed at competitive prices of £65/MWh for solar and £72/MWh for onshore wind, below recent wholesale power prices. These projects will help cut consumer bills, reduce gas imports, and lower gas demand by 95TWh per year. The auction results highlight the economic viability of renewable energy sources, with onshore wind and solar projects seen as more cost-effective than new gas-fired power stations. These investments in renewable energy will strengthen the UK's energy security and help the country move towards meeting its 2030 clean power targets.
https://www.carbonbrief.org/qa-new-uk-onshore-wind-and-solar-is-50-cheaper-than-new-gas/
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Agrivoltaics? Yes in my vineyard
Researchers in Spain conducted a study in the Murcia region, surveying 238 wine tourists and finding broad support for trellis-integrated agrivoltaics in vineyards, with 94% backing solar integration. The study focused on vineyards in a region where viticulture is significant, with questions about the importance of photovoltaic energy, preferred system configurations, and perceptions of landscape integration. Overall, the research found a positive social perception of agrivoltaic systems, particularly in vineyard settings, confirming high acceptance of this dual-use land model among the surveyed population. The results were presented in a study published in Renewable Energy Focus, with involvement from academics at Technical University of Cartagena and Miguel Hernández University of Elche.
https://www.pv-magazine.com/2026/02/12/agrivoltaics-yes-in-my-vineyard/