PJM Interconnection, America's largest power grid operator, is reported to be grappling with an unprecedented strain on its system.

Solar development company ib vogt has secured 4.49bn pesos ($80m) in green project financing from HSBC for its Tantangan solar power project in Mindanao’s South Cotabato province in the Philippines.

Lydian Energy, backed by Excelsior Energy Capital, has achieved financial close for its first financing deal totalling $233m.

Japan’s Sumitomo has signed a MoU with the UK, committing to inject £7.5bn ($10bn) into infrastructure and renewable energy projects.

The European Commission (EC) has introduced a comprehensive greenhouse gas emission methodology for low-carbon hydrogen and fuels.

Energy and insurance industries must work together to meet climate change head on, said the Energy Insurance London.

Hynamics UK, a subsidiary of EDF Group, and Hy24 have partnered to advance the development of the Fawley green hydrogen project in the UK.

AMPYR Australia has secured funding exceeding A$340m ($221m) for its 300MW/600MWh Wellington Stage 1 BESS project.

SUNOTEC has completed the purchase of SIA DSE Lazas Solar’s solar and energy storage project in Latvia from Danish Sun Energy.

SEK has announced a €800m ($939m) loan facility with National Grid Electricity Transmission for the Eastern Green Link 2 (EGL2) project.

EDF has confirmed its intention to invest up to £1.1bn ($1.49bn) in the Sizewell C nuclear power project, subject to final agreements.

Adani Power has completed the acquisition of Vidarbha Industries Power Limited (VIPL) for an aggregate consideration of Rs40bn ($466m).