The latest renewable energy news includes announcements on On-Farm Solar Programme in New York, IDB funding for Solar Mini-Grids, and others.
EU Provides €126 Million for Cross-Border Renewable-Energy Projects
The European Union has allocated €126 million to cross-border renewable-energy projects designed to expand clean-energy generation and cooperation between member states. The financing will support projects where renewable generation, infrastructure or associated benefits extend across national borders. Cross-border projects can include shared renewable generation and infrastructure required to move clean electricity between markets. The €126 million funding allocation provides direct public capital for projects selected under the EU’s renewable-energy cooperation framework. Successful developments must now move through their individual implementation schedules, permitting and construction stages. EU financial support is intended to reduce development barriers for projects whose benefits are distributed across more than one national electricity market.
New York Opens $10 Million On-Farm Solar Programme
New York State has launched a $10 million programme supporting solar installations on farms, providing capital for agricultural businesses seeking to add renewable generation. Funding will help farms deploy photovoltaic systems while continuing agricultural activity, depending on individual project designs. The programme provides $10 million of dedicated clean-energy funding rather than a general policy target. New York is expanding distributed and utility-scale solar alongside battery storage as part of its electricity transition. Farm-based projects can provide landowners with an additional source of energy or project revenue while adding renewable electricity close to rural loads. Projects selected for funding will proceed through development, installation and grid-connection requirements.
IDB Approves $23.75 Million for Solar Mini-Grids and Rural Electrification in Belize
The Inter-American Development Bank has approved $23.75 million in financing to expand electricity access in rural Belize, including solar photovoltaic mini-grids paired with battery storage. The financing package targets communities where conventional grid expansion can be difficult or expensive. Solar-plus-storage mini-grids can generate electricity locally during daylight hours and use batteries to maintain supply when photovoltaic output falls. The $23.75 million package will finance renewable electricity infrastructure rather than simply providing technical assistance. The programme combines electrification with clean-energy deployment, allowing remote communities to gain electricity access without relying exclusively on diesel generation or long transmission extensions.