REM - Renewable Energy
Taiwan’s solar revolution faces persistent challenges
Analysts see national projections as doubtful at best given finite land resources, societal friction and the levels of corruption at the local level to get projects started.
Brazil fears US may block $125bn global rainforest fund at World Bank
Brazil’s plans to launch a global tropical forest fund at COP30 risk being undermined by rising diplomatic tensions with the United States, according to officials.
Transition Industries secures Mexican methanol plant partnership with Bonatti
Italian engineering firm Bonatti has entered a Heads of Agreement with Transition Industries to develop the Pacifico Mexinol complex in Sinaloa, establishing what would become the globe's largest independent ultra-low carbon chemical manufacturing
EBRD to extend $200mn loan to Turkey’s Kazan Soda
New partnership to increase scope of renewables projects in Malaysia
The two companies signed a memorandum of understanding setting out a framework for cooperation in areas such as grid access, permitting, technical planning and engagement with local communities.
India’s renewables potential blossoms in its northern states
While much attention has traditionally focused on populous coastal and southern regions of India, the nation’s lesser-known northern states conceal a remarkable, yet under-appreciated, opportunity.
Hulic targets 20% stake in Canadian solar fund to expand Japan’s renewable energy business
Hulic is aiming to acquire up to a 20% holding in Canadian Solar Infrastructure Fund as part of its strategy to grow in the renewable energy sector.
Shanghai Electric hands over 400-MW solar project in Oman
Shanghai Electric has completed the final handover of the 500-MW Manah-1 Solar Independent Power Project in Oman, marking the conclusion of one of the country’s largest renewable energy schemes to date.
Inox Wind in India to sell its EPC arm
Inox Wind Limited has announced the sale of a stake worth $20mn in its engineering, procurement and construction arm
India’s Reliance Infrastructure to build major solar-battery storage project
Reliance Infrastructure Limited has confirmed it has been awarded a letter of award from NHPC Limited for the construction of a major renewable energy project combining solar generation with large-scale battery storage.
Japanese group Sojitz targets $1bn investment in Uzbekistan’s energy and infrastructure
Regulatory threat deepens Mercedes-Benz Korea’s electric vehicle struggles
Mercedes-Benz Korea is facing fresh regulatory pressure as the Fair Trade Commission (FTC) prepares to impose sanctions over allegedly misleading advertising linked to its electric vehicle (EV) batteries.
Indonesia’s PGN faces backlash over gas quota amid industry fears of job losses
State-owned gas distributor PT Perusahaan Gas Negara (PGN) has moved to reassure industries of a stable supply following growing alarm over restrictions that could endanger more than 130,000 manufacturing jobs
Philippines launches largest solar irrigation system in Eastern Visayas
The National Irrigation Administration (NIA) has inaugurated the biggest solar-powered irrigation facility in Region VIII, located in Barangay R.M. Tan, Ormoc City, according to the Presidential Communications Office.
Malaysia weighs nuclear power in future energy mix
Malaysia has launched a feasibility study to assess whether nuclear energy could play a role in its long-term power strategy, as the government looks to diversify supply and strengthen energy security
Torrent Group launches green hydrogen plant in India’s Uttar Pradesh
Torrent Group has inaugurated Uttar Pradesh’s first green hydrogen plant in Gorakhpur, developed jointly by Torrent Power and Torrent Gas
India's CORE Energy raises $23mn to advance nuclear engineering and modular reactor projects
Indian engineering, procurement and construction firm CORE Energy Systems has secured a fundraise worth about $22.86mn
BYD’s investment in Turkey slows amid EU tariff uncertainties, says The Economist
A year after Chinese electric vehicle (EV) giant BYD pledged a $1bn investment in Turkey in mid-2024, progress on the promised factory in Manisa has stalled, according to The Economist.
Clean power supplier Cross Boundary Energy secures $40mn investment from Impact Fund Denmark for African projects
Qatar issues $2.5bn green bonds setting Middle East record
Qatar issues record $2.5bn sovereign green bonds in Q2 2024 as first GCC country to enter sustainable finance market, targeting $75bn sustainable investments by 2030.
Istanbul-listed Karsan delivers first autonomous electric bus of its kind to Arbon in Switzerland
e-ATAK is the first full length autonomous bus in the world.
Africa50's green infrastructure fund attains first close with $118mn for investment in Africa
Australia's Origin Energy warns of slower and more costly transition to renewables
Origin Energy reported a stronger full-year profit last week, boosted by higher contributions from its LNG operations and cost efficiencies.
Expedition to raise awareness of melting glaciers in Kyrgyzstan made by government and UN officials
An expedition aiming to raise international awareness of the disturbing retreat of Kyrgyz glaciers was on August 15 made by Deputy Chairman of the Cabinet of Ministers Edil Baisalov and UN resident coordinator to Kyrygzstan Antje Grawe.
EBRD boosts Montenegro’s flagship wind farm with €26mn loan
The European Bank for Reconstruction and Development (EBRD) said on August 19 that it is deepening its support for Montenegro’s green transition with an additional €26mn loan to expand the Gvozd wind farm.
CENTRAL ASIA BLOG: Might Russia be kicked out of Kazakhstan’s nuclear building programme entirely?
Of three NPP contracts made available by the Central Asian country, two have gone to China. The winner of the other one, Russian state corporation Rosatom, is, meanwhile, struggling with financing issues.
More than 20 African countries exploring potential of nuclear energy – IAEA report
African countries are working to expand electricity access and production, with many turning to nuclear power to boost energy security, cut emissions, and improve reliability and sustainability.
Transcarpathian wind farm generates 25mn kWh of green power
Libya launches $10bn solar programme to supply 40% of power needs by 2035
Libya is embarking on a $10bn solar energy programme designed to generate 4GW of power by 2035, to reduce its dependence on fossil fuels and upgrade its fragile electricity grid. The capacity would be enough to supply nearly 40% of Libya’s needs.
South African energy trader EXSA secures 15-year PPA with renewables developer Seriti Green
Licensed electricity trader Energy Exchange of Southern Africa (EXSA) has concluded a 15-year power purchase agreement (PPA) with Seriti Green.
South African packaging company Mpact signs solar PPA to cut emissions at paper mills
South African packaging and recycling company Mpact has signed a power purchase agreement (PPA) for 30 GWh of renewable energy per year with independent energy trader Enpower Trading.
Over 60 Kazakh firms line up to join nuclear power plant project
More than 60 Kazakh companies have expressed an interest in supplying goods, services and construction work for the country’s first nuclear power plant.
GLIL Infrastructure and Bluefield Solar to acquire 250 MW solar portfolio
UK firms GLIL Infrastructure and Bluefield Solar have formed a joint venture Lyceum Solar to purchase a solar portfolio of 250 MW comprising of seven projects.
Indonesia courts Trina Solar to boost domestic solar supply chain
Indonesia’s Energy and Mineral Resources Minister Bahlil Lahadalia has held discussions with Chinese solar manufacturer Trina Solar to expand cooperation in developing the country’s solar energy ecosystem
Canada provides $9.4 million in funding to five smart grid projects
The Canadian Ministry of Energy and Natural Resources will provide CAD 13mn in funding to support five smart grid projects.
Japan’s Chugin Energy and Clean Energy Connect launch off-site solar PPA with Chugoku Bank
China's Hithium partners with Pakistan’s IEC for 1 GWh energy storage rollout
Chinese battery manufacturer Hithium unveiled a strategic partnership with Pakistan’s The Imperial Electric Company (IEC) to distribute up to 1 GWh of residential and commercial energy storage systems across the country
Macquarie eyes Malaysian investments in green energy and infrastructure
Macquarie Asset Management, one of the world’s largest fund managers, has expressed interest in investing across several Malaysian sectors, according to Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz
Gentari breaks ground on Australia’s Maryvale solar and energy storage project
Malaysian clean energy firm Gentari has broken ground on the huge Maryvale solar and energy storage project in Australia’s eastern New South Wales state.
New Delhi says over 28.6mn households electrified under Saubhagya scheme
The Government of India has reported that more than 28.6mn households were provided electricity connections under the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya), which was launched in October 2017
Romania’s renewable energy tender attracts 2.8 GW of winning solar and wind bids
Romania has announced a strong contracts for difference tender in its latest renewable energy auction.
South African paper maker Mpact secures five-year renewable energy deal from trader Enpower
Australia seeks to attract Japanese firms after BP exits hydrogen project
The state government of Western Australia is seeking to lure investment from Japanese firms for a huge $50bn hydrogen facility after BP exited the project.
Croatia faces 2°C hike in average temperatures by 2070
Temperatures have been steadily rising across the country since the mid-20th century with cities up to 10°C higher than rural areas.
Turkey’s Sabanci Holding expands renewable energy portfolio in US
Turkish conglomerate Sabanci Holding has announced that Sabanci Renewables Inc, the wholly owned subsidiary of the group’s subsidiary Iklim Teknolojileri, has acquired 100% of the shares of Lucky 7 Solar Farm LLC from an unrelated third party.
Croatia steps up geothermal exploration in Legrad area
New geophysical surveys are set to begin in northern Croatia as part of efforts to tap the country’s geothermal potential, local officials said, marking the latest stage in a years-long exploration drive.
Oman renewable energy share climbs to 11.5%
South Africa's power utility Eskom launches 291-MW solar tender amid accelerated renewables rollout
South Africa’s state-owned power utility Eskom has launched a tender for 291 MW of solar photovoltaic capacity under long-term power purchase agreements with independent power producers.
Indonesian company Cikarang Listrindo faces gas supply disruption after Pertamina field shutdown
PT Cikarang Listrindo has reported a disruption in its natural gas supply following an unexpected shutdown at Pertamina EP’s (PEP) Subang Gathering Station on August 5
Offshore substation completed for Taipower offshore wind project phase II
The offshore substation for Taipower’s Phase II wind project has been successfully put in place, marking a major step forward in Taiwan’s renewable energy expansion.
KN Holdings partners with Samsung to develop floating solar in Vietnam’s highlands
Vietnam’s KN Holdings has signed a memorandum of understanding with Samsung C&T, a subsidiary of South Korea’s Samsung Group, to develop three floating solar power projects
HPCL-Mittal Energy enters Indian fuel retail market
HPCL-Mittal Energy Limited (HMEL), one of India’s leading integrated energy companies, has entered the country’s rapidly expanding fuel retail sector with the launch of its first AI-enabled energy station in Sector 108, Noida
Chinese EV competition spells likely trouble for Turkish homegrown brand Togg, says Economist
Turkey’s rapidly growing electric vehicle (EV) market is whetting the appetite of Chinese manufacturers, according to The Economist.
Syria announces control of forest fires in western Hama countryside
Syria's emergency minister announces control of forest fires in western Hama countryside after blazes damaged properties and agricultural lands across multiple villages since August 12.
Uzbekistan steers toward electric cars as conventional imports tumble
Uzbekistan imported 20,873 electric vehicles (EVs) valued at $293.2mn in the first seven months of 2025, doubling last year’s figure of 10,536 units worth $155.8mn, according to the country's customs committee.
Work on Uzbekistan’s downsized nuclear plant to start next March
Work on a downsized nuclear power plant (NPP) in Uzbekistan is set to get under way next March.
UN negotiators fail to agree on world's first plastic pollution treaty
Negotiators have failed to agree on the world's first treaty to combat plastic pollution in what was meant to be the final round of UN talks.
Malaysia strengthens ASEAN nuclear cooperation, hands over ASEANTOM chairmanship to Philippines
Energy giants flee Colombia as fiscal crisis deepens
International petroleum majors are accelerating their retreat from Colombia as President Gustavo Petro's anti-fossil fuel policies trigger an investment exodus.
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