Tiash Saha

2 days ago | energymonitor.ai | Tiash Saha

Germany has witnessed a decline in electricity generation from clean energy sources, with less than 80 terawatt-hours (TWh) produced in the first four months of 2025, according to Ember, an energy think tank, reported Reuters. This figure represents a 16% decrease from the same period in 2024 and is the lowest since at least 2015.

2 days ago | power-technology.com | Tiash Saha

The projects are due to commence operations in Q2 2026. Credit: Zelestra. Renewable energy company Zelestra has achieved financial close for a portfolio financing of six solar photovoltaic (PV) projects, forming the Belinchón and Brazatortas clusters in Spain. The financing includes 21 power purchase agreements (PPAs) and a senior debt package of €146.6m in green financing for the construction phase of the projects.

2 days ago | power-technology.com | Tiash Saha

With a transmission capacity of up to 1GW, the link will span roughly 300km. Credit: Brian Guest/Shutterstock. Terna, the Italian national grid operator, has signed a three-year memorandum of understanding (MOU) with IPTO, the Greek Transmission System Operator (TSO), to develop a new electrical interconnection between the two countries, known as the GRITA 2 project.

2 days ago | mining-technology.com | Tiash Saha

Sumitomo Metal Mining (SMM) has signed definitive agreements with Rio Tinto to acquire a 30% interest in the latter’s Winu copper-gold project in Western Australia’s Great Sandy Desert. Under the agreements, SMM will invest up to $430.4m (Y63.65bn) for its share, including $195m upfront and up to $235.4m in deferred considerations based on future milestones. Post-transaction, Rio Tinto will retain a 70% share and operate the project.

2 days ago | mining-technology.com | Tiash Saha

Australian pension fund HESTA has divested its remaining shareholding in mining services provider Mineral Resources (MinRes), citing unresolved governance concerns and a lack of confidence in the company’s ability to implement necessary changes. HESTA’s stake in MinRes is valued at approximately A$14m, reported Reuters. The decision follows the abrupt resignations of three directors in April, who were part of the ethics and governance committee established in November 2024.