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Intl News in Brief: Envision Signs 132 MW Deal; TotalEnergies to Operate RE Projects; UN Pledges $1.6T for Clean Energy
Envision Signs 132 MW Turbine Deal for Fortescue’s First Pilbara Wind Project
Fortescue, an iron ore producer, formed a global alliance aimed at accelerating global industrial decarbonisation and building the lowest-cost, 24/7 clean energy systems capable of outcompeting fossil fuels.
France: TotalEnergies Selected by the State as Operator of the Country’s Largest Renewable Energy Project
The consortium formed by TotalEnergies (TTE) and RWE has been selected by the Ministry in charge of Industry and Energy as the winner of the Centre Manche 2 (AO8) offshore wind tender. The consortium will be responsible for designing, developing, building, and operating a 1.5 gigawatt (GW) offshore wind farm off the coast of Normandy.
Once built, it will generate approximately 6 TWh per year and supply green electricity to the equivalent of over 1 million French households. The electricity will be sold at a competitive price of €66/MWh, as set by the tender.
UN Report: $1.6 Trillion Pledged for Clean Energy, $284 Bn Already Mobilized
New commitments to boost renewable energy and increase access to electricity and clean cooking technologies by 2030 have brought the finance and investment pledged through the United Nations to US$1.6 trillion, with $284 billion already mobilized, according to the fourth edition of the Energy Compacts Annual Progress Report being released today.
The report cites figures from the 2025 Tracking SDG7 Report that over $4 trillion in total investment is needed annually to reduce the ranks of 660 million people living without electricity and over 2 billion still cooking with polluting fuels, while setting the world on a climate action trajectory towards net-zero emissions by 2050 and averting ever-worsening climate impacts.