REM - Renewable Energy

16 May 2024

First wind farm in eastern Serbia Inaugurated

15 May 2024

Serbia’s Prime Minister Milos Vucevic attended the ceremonial opening of the 105-MW Krivaca wind farm in Golubac, in the eastern part of the country, funded by an investment of €165mn.

Wildfire nears Canada’s oil sands capital, but winds shifting

15 May 2024

A wildfire has approached Canada’s largest oil producing region of Canada prompting the evacuation since May 14 of around 6,600 people from Fort McMurray, in Alberta.

Biden sharply hikes US tariffs on Chinese EVs, batteries, solar cells

15 May 2024

US President Joe Biden has unveiled steep tariff hikes on an array of Chinese products, including electric vehicles, EV batteries and solar cells. This is in response to alleged Chinese unfair trade practices.

Vertex will revert Mobil renewables refinery to conventionals

15 May 2024

Vertex Energy will temporarily return its renewable-diesel refinery in Alabama back to conventional petroleum-based service by the end of the year. This is because of higher margins in conventional diesel.

Montenegro plans to add 200 MW of renewables by 2026, energy minister says

15 May 2024

Montenegro plans to build 200 MW of new renewable energy capacities over the next two years, the country’s Energy and Mining Minister Sasa Mujovic said as quoted by public broadcaster RTCG.

European election results could spell further backtracking on climate policy

15 May 2024

Results from the European Parliament elections next month could have major implications for the EU Green Deal and other climate policy, with far-right politicians expected to win more seats.

Chemical analysis of CO₂ rise over past 50,000 years – current rate is 10 times faster

14 May 2024

The current rate of atmospheric CO2 increase is 10 times faster than at any other point in the past 50,000 years. This is according to scientists who did a detailed chemical analysis of ancient ice in the Antarctic.

Leading climate scientists expect global heating to easily exceed 1.5C

14 May 2024

The majority of respondents, from the authoritative IPCC, foresee significant heating, with some expecting a 3C increase. A dystopian future with famines and conflicts is envisioned due to extreme weather events.

Malaysia commits to regional energy initiatives at ASEAN Green Hydrogen Conference

14 May 2024

Malaysia has reaffirmed its commitment to collaborating with ASEAN counterparts to advance regional initiatives such as the ASEAN Power Grid, which aims to enhance energy connectivity and security across Southeast Asia

Taiwan leads Asian democracies in wind power development: Premier

14 May 2024

Taiwan is at the forefront of offshore wind power development among Asian democracies, Premier Chen Chien-jen said on May 7 during an inspection of the Miaoli offshore wind farm in the west of the country

Western Balkans urged to embrace renewable energy for district heating

14 May 2024

Fossil fuels are still being burned in district heating networks across the Western Balkans, despite the pressing need to prepare for the transition to green energy, finds a Bankwatch report.

Iran's renewable energy growth modest amid ambitious targets

14 May 2024

Iran’s renewable energy production has grown nearly 1.4% this year, a tiny percentage indicating a long way ahead to achieving ambitious targets, the state news agency IRNA reported on May 13.

Renewables surpass 30% of global electricity supply

14 May 2024

Renewable energy made up over 30% of global electricity for the first time last year, driven by a rapid surge in wind and photovoltaic solar power, according to new data from climate think-tank Ember.

WBIF grants Albania €2.6mn for floating PV plant

13 May 2024

The Western Balkans Investment Framework (WBIF), as the EU's regional arm, has granted €2.6mn for Albania to develop a 12.9-MW floating solar photovoltaic power plant at the Vau i Dejes hydropower plant reservoir in north-western Albania.

PT Pertamina Hulu Energi advances geologic hydrogen exploration in Eastern Indonesia

13 May 2024

PT Pertamina Hulu Energi, as Pertamina's Upstream Subholding, is striving to develop exploration potential for geologic hydrogen in eastern Indonesia to enhance the company's performance in safeguarding national energy resilience

Malaysia’s Scientex broadens renewable energy initiative with nationwide solar project

13 May 2024

Scientex Bhd, a global packaging manufacturer and property developer, has unveiled plans to expand its renewable energy initiative by implementing solar photovoltaic systems across its facilities in Malaysia

Serbia inks €2.7bn energy deals with Chinese firms

13 May 2024

Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic announced on May 9 that two major deals, with a total value of around €2.7bn, were signed during Chinese President Xi Jinping’s visit to Serbia earlier this week.

Austria’s Energie AG acquires 29.4% stake in Slovenian renewable energy firm AAE Gamit

12 May 2024

Austria's energy company Energie AG announced that it acquired 29.4% stake in AAE Gamit, a prominent wind and photovoltaic developer in Slovenia.

UK to build uranium enrichment plant to break Russian monopoly

10 May 2024

The United Kingdom will attempt to break Russia's virtual monopoly no the production of enriched uranium used to power nuclear plants by building its own enrichment plant.

Trees are “coughing not breathing” due to climate crisis stress, study finds

10 May 2024

"We found that trees in warmer, drier climates are essentially coughing instead of breathing," a study by Penn State found.

Singapore secures 1GW of renewable energy imports from Cambodia

10 May 2024

Singapore's clean energy ambitions received a boost with the announcement of a 1-GW renewable energy import deal from Cambodia.

BSOG goes ahead with 3GW offshore wind project in Romania’s Black Sea

9 May 2024

BSOG, which launched natural gas extraction in Midia perimeter in Romania’s shallow Black Sea waters (MGD Project), decided to go ahead with its offshore wind project in the same place after completing the feasibility study.

Hidroelectrica gets environmental permit for 17ha floating PV park

9 May 2024

Hidroelectrica (BVB: H2O) announced that it received the environmental permit for the first floating PV park in Romania, a 17ha installation to be placed on its accumulation lake of Ipotesti hydropower plant on the Olt river.

Construction set to begin on Mali Log wind farm in Slovenia

9 May 2024

Dravske Elektrarne Maribor, a subsidiary of Slovenia's HSE state-owned energy group, announced the signing of just under €2.5mn contract with Hmezad TMT for the construction of a wind turbine in Mali Log.

Corbetti Geothermal begins exploratory drilling in Ethiopia following PPA extension

9 May 2024

Corbetti Geothermal PLC (CGPLC) has announced the commencement of an exploratory drilling programme for its geothermal project in Ethiopia, following the extension of its Power Purchase Agreement (PPA) with state-owned utility EEP.

Paris-based Voltalia secures contract for 130MW solar plant in Tunisia

9 May 2024

Voltalia has secured a contract to build a 130MW photovoltaic near the Gafsa and to operate it jointly with state power utility STEG for 30 years.

Egypt tenders for 8.2 MW solar plant project in Siwa Oasis

9 May 2024

Egyptian Electricity Holding Company (EEHC) has launched a tender for the design, building and operation of a 8.2MW solar plant and 2 MW/4MWh battery energy storage system (BESS) with a May 31 deadline for submissions.

Azerbaijan, Kazakhstan and Uzbekistan join forces to power Europe

9 May 2024

The energy component of the Trans-Caspian and Middle Corridors are expanding, not only through oil and gas but also through green energy. Azerbaijan, Kazakhstan and Uzbekistan have joined forces to supply Europe with power.

Japanese company joins HPP project in Serbia

9 May 2024

Japan's International Cooperation Agency has officially joined the Serbian Reversible Hydro Power Plant Bistrica project

Think Tank report says India has surpassed Japan to become third largest solar power producer

9 May 2024

India surged past Japan to claim the rank of the world's third-largest solar power producer in 2023, propelled by rapid solar energy deployment, as revealed in a recent report by the think tank Ember