EU Parliament Moves to Delay and Reassess Supply Chain Deforestation Law
• Parliament backs a one-year delay to the EU’s deforestation-free supply chain law, pushing obligations for large companies to 2026.• Lawmakers ask the Commission to conduct an early 2026 review that could trigger further simplification before the law applies.• Companies warn that new uncertainty could penalise firms that already invested in traceability and due diligence […]
Abu Dhabi’s Global South Utilities to Deploy $1 Billion for Yemen’s Energy Rebuild
• UAE commits $1 billion to restore and modernise Yemen’s power sector through solar, wind and grid projects.• Portfolio to be delivered by Abu Dhabi’s Global South Utilities, expanding generation and distribution capacity after decades of conflict-driven collapse.• Investment aligns with Gulf regional energy diplomacy and could anchor Yemen’s shift toward renewables as large-scale solar […]
ADB, IAEA Form Alliance to Guide Safe Nuclear Deployment in Asia Pacific
• ADB and the IAEA sign a formal cooperation framework to guide safe, sustainable nuclear deployment, including small modular reactors, across developing Asia-Pacific economies.• The agreement follows ADB’s updated energy policy, which now recognizes nuclear power as a baseload option alongside its climate and energy security ambitions.• The partnership strengthens technical capacity, governance, safeguards, and […]
KKR Backed Serentica Targets Up to $8 Billion Raise for India’s Green Energy Expansion
• Serentica plans to raise $6–8 billion over five years to expand its clean energy portfolio to 17 GW by 2029/30.• India’s pipeline includes 3–5 GW of operating and under-construction assets available for acquisition, with renewables central to the country’s 2030 power targets.• Sister company Resonia aims to invest $1.5–2.5 billion annually to accelerate grid […]
Stegra Secures $41 Million from Sweden to Support Net Zero Steel Project
• Sweden allocates $41 million in new state financing to Stegra, adding to a multi-year public support package for near-zero emissions steel.• The funding is expected to strengthen Stegra’s push to secure up to $1.1 billion in remaining capital for its Boden facility.• State backing forms part of Sweden’s broader industrial decarbonization strategy amid rising […]
