REM - Renewable Energy
Brazil’s Lula, 16 leaders back fair global energy transition
Brazilian President Luiz Inácio Lula da Silva and 16 other leaders signed a joint letter endorsing a fair and equitable global energy transition.
Brazil launches $1bn pledge for global forest fund
China backs Brazil’s $125bn tropical forest fund
Swiss energy company MET Group enters Albanian market
Laos pushes investment in carbon markets and clean energy
Laos’ Ministry of Agriculture and Environment hosted the Carbon Markets and Clean Energy Conference 2025 to advance the country’s readiness for carbon trading
Nigeria inks $60mn container electrification deal to green its ports amid bottlenecks
Electrifying container logistics in Nigeria could attract about $830mn in investment and cut energy costs by up to 40%, according to the World Economic Forum, citing a modelling study.
African Energy Chamber to release State of African Energy 2026 Outlook at AEW 2025 in Cape Town
The African Energy Chamber (AEC) has announced the launch of its latest report, written in collaboration with S&P Global Commodity Insights, at the African Energy Week: Invest in African Energies conference in Cape Town.
China deploys new power pricing regime to balance clean energy mix
Introduced in June, the framework abandons the uniform tariffs that once rewarded all renewable generation equally, regardless of local demand or grid capacity.
Mexico could hit 45% clean power with 36GW solar, 30GWh batteries, says Ember
Mexico could install 36GW of solar capacity alongside 30GWh of battery storage to achieve 45% clean electricity generation, significantly reducing dependence on imported gas, according to analysis by Ember cited in pv magazine.
Pertamina Geothermal partners with Toyota to advance Indonesia’s green hydrogen ecosystem
Indonesian geothermal energy producer PT Pertamina Geothermal Energy Tbk (PGEO) has signed a joint declaration with PT Toyota Motor Manufacturing Indonesia (TMMIN) to develop a green hydrogen ecosystem in the country
Google adds 15MWAC of solar to Japanese renewable portfolio
Google has signed a virtual power purchase agreement (PPA) with JERA Cross, a subsidiary of Japan’s major energy company JERA, to acquire non-fossil certificates (NFCs) from 15MWAC of solar capacity developed by West Holdings.
Indonesian mining company Indominco shifts from coal gasification to semicoke
PT Indominco Mandiri (IMM), a subsidiary of PT Indo Tambangraya Megah Tbk (ITMG), is preparing a semicoke processing project as part of its downstreaming programme
China sets first binding target to cut emissions
China has announced its first economy-wide commitment to reduce greenhouse gas emissions, pledging a cut of between 7 and 10% by as soon as 2035.
Abu Dhabi’s GSU acquires 51% of Uzbekistan’s Yashil Energiya in first investment in Central Asia
Abu Dhabi-based Global South Utilities (GSU) has acquired 51% of Uzbekistan’s Yashil Energiya, with the move marking its first investment in Central Asia and the Commonwealth of Independent States (CIS), according to a Khaleej Times report.
ASX-listed Asian Battery Metals reports “excellent” copper recoveries data at Mongolia mine
ASX-listed copper explorer Asian Battery Metals (ABM) on September 24 reported in a filing with the stock market “excellent interim results from metallurgical test work on its flagship Oval Cu-Ni-PGE discovery in Mongolia”.
Tajikistan stepping up efforts to mine armour-reinforcement rare metal antimony
Tajikistan is stepping up efforts to mine its highly-sought-after deposits of antimony, a silver-grey rare metal used in batteries, solar panels and reinforcing the armour of military vehicles, according to a September 24 report from AFP.
TotalEnergies seeks delay for $16bn green ammonia project in Chile
French energy giant TotalEnergies H2 has applied to suspend environmental assessment of its proposed $16bn green ammonia facility in Chile's Magallanes region, citing the need for additional technical work and field studies.
Istanbul-listed Aydem Renewables sells $550mn five-year debut green eurobonds at 9.875% coupon
Aydem Yenilenebilir Enerji (AYDEM) has sold $550mn of five-year debut green eurobonds at a coupon rate of 9.875% and a yield to investor of 10.375% (priced at 98.269), the company said on September 23.
Nigeria’s Koolboks secures $11mn to expand local assembly and cut prices
Lagos-based Koolboks, which makes solar-powered, off-grid refrigerators aimed at providing reliable cooling in areas with limited electricity, has raised $11mn in Series A funding to expand its local assembly operations and reduce end-user prices.
British IPP Savannah Energy to buy 50% stake in Africa-focused Klinchenberg BV from Norfund
British independent power producer Savannah Energy (Savannah) has agreed to acquire a 50.1% stake that Norway's Norfund holds in Klinchenberg BV, which has stakes in assets in five African countries.
Australia sets its emissions targets
Australia has unveiled a 2035 greenhouse-gas reduction target of 62–70% below 2005 levels, tightening its climate ambition and laying out a detailed national plan to reach net zero by mid-century.
Japan, Netherlands deep hydrogen ties
Industry associations from the Netherlands and Japan have signed a memorandum of understanding to deepen cooperation on hydrogen, seeking to share technology and align policy frameworks as both nations step up their clean-energy ambitions.
Aramco's bid to buy Repsol's renewables business collapses
Talks for Saudi Aramco to acquire a minority stake in Repsol’s renewables business have collapsed, ending months of negotiations over a potential €1bn investment.
Ukraine sees revival of wind power construction despite war
BP halts work on Rotterdam biofuels plant
This marks the latest in a series of setbacks for oil majors seeking to expand in low-carbon fuels amid sluggish demand.
Eni gets greenlight to convert part of Sannazzaro de’ Burgondi refinery into bio-plant
Italy's Eni has secured approval from Italy’s energy and environment ministry to convert parts of its 160,000 barrel-per-day Sannazzaro de’ Burgondi oil refinery in Pavia into a biorefinery.
Kazakhstan and Germany launch Nexus Institute to tackle Central Asia’s climate challenges
Kazakhstan’s National Academy of Sciences and the Kazakh National Agrarian Research University (KazNARU) have created a joint research and education hub, the Kazakh-German Nexus Institute, with backing from Germany’s Hanns Seidel Foundation.
US-based LanzaJet and KMG sign agreement on Kazakhstan’s first sustainable aviation fuel project
LanzaJet, the US-based sustainable fuels technology company, has signed an agreement with Kazakhstan’s state oil and gas company KazMunayGas (KMG) to advance the country’s first sustainable aviation fuel (SAF) plant.
Petronas wins appeal in gas payment dispute with Shell MDS
Petronas has welcomed a court ruling that overturned a High Court decision allowing Shell MDS to suspend its monthly gas payments to the Malaysian state-owned energy company
Sri Lanka launches energy financing strategy alongside hydrogen policy
Sri Lanka has officially launched its Integrated National Financing Framework (INFF) Strategy for the Energy Sector, marking a major step in mobilising resources to drive the country’s transition to renewable energy
Colombia's Ecopetrol exceeds drilling targets despite nation's energy transition push
Colombia's state oil producer will exceed its annual drilling programme by up to 40%, despite President Gustavo Petro's commitment to phase out fossil fuels.
Forum hears of efforts to combine Mongolia’s abundant natural resources with Korean advanced tech and processing
Efforts are being made to “combine Mongolia’s abundant natural resources with Korea’s high-tech industries, processing capacity and advanced technologies”, Uchral Nyam-Osor, Mongolia’s first deputy prime minister told a forum.
Poland’s PGE launches Europe-scale battery storage project
Thailand to launch pilot clean energy DPPA by year-end
Thailand’s Energy Regulatory Commission (ERC) has confirmed that the country’s first pilot Direct Power Purchase Agreement (DPPA) project is in the final review stage and is expected to be operational by the end of 2025.
Estonia's competitiveness at risk from heavy renewables focus, experts say
An expert panel has called for sweeping changes to Estonia’s energy taxation and investment priorities, warning that the country risks undermining its competitiveness if it relies too heavily on intermittent renewables.
Global Alliance commits $7.5bn to clean energy in developing world
Analysts have repeatedly warned that clean energy investment in developing economies such as Afghanistan, but excluding China, remains dangerously below levels required to meet international climate objectives.
Zimbabwe EPCM group Tonga Tron seeks ideal sites to build solar farms
Zimbabwean engineering, procurement, construction and management (EPCM) firm Tonga Tron is exploring potential sites to establish solar farms west of the country.
Indian solar IPO looks to raise $339mn
The issue will be divided between a fresh equity sale worth roughly INR21.43bn and an offer for sale valued at INR8.56bn, enabling existing shareholders to pare back their holdings.
Sri Lanka rules out privatisation of power sector
Sri Lanka has no plans to privatise its power sector, with the government instead prioritising reforms aimed at improving efficiency and restructuring institutions, according to the President’s Media Division
India's NTPC explores overseas uranium assets to fuel nuclear expansion
Indian state-owned power major NTPC is considering acquiring uranium assets abroad to secure fuel supply for its planned nuclear power projects
Brazil soy industry to invest nearly $1.12bn in processing
Brazil renewables attract investment despite infrastructure hurdles
Brazil’s renewable energy sector offers a strong incentive for foreign investment, but distribution bottlenecks remain a challenge, according to Thomas Kwan, vice president of innovation at Schneider Electric.
Brazil seeks to anchor COP30 in global stocktake
Brazil will place the global stocktake (GST) from COP28 at the centre of the COP30 climate summit in Belém this November. The presidency has described the GST as a “globally determined contribution”.
Uzbekistan’s electricity output rises 3% y/y in first eight months
Kenya revives $2.7bn High Grand Falls Dam project
Kenya has revived the $2.7bn High Grand Falls Dam on the Tana River, a flagship project designed to generate up to 1,000 MW of hydropower and provide irrigation water for agriculture.
Wood Mackenzie analysis reveals critical juncture for Mexico's solar market amid regulatory uncertainty
Consultancy Wood Mackenzie published an industry perception assessment following Mexico's Intersolar event, highlighting regulatory paralysis in utility-scale solar development
Turkey’s renewable energy capacity surpasses 74,000 MW in August
Turkey’s installed renewable energy capacity surpassed 74,000 megawatts by the end of August, while the country’s electricity capacity generated from domestic sources exceeded 85,000 MW.
Oman signs agreement for first solar power plant with battery storage system
Oman signs agreement for first solar plant with battery storage, featuring 500MW capacity and 100MWh storage in OMR115mn project led by Masdar consortium.
Nigeria signs joint venture for 1 GW solar panel plant with 50% local content target
Nigeria has established Solarge Nigeria with Infrastructure Corp of Nigeria and Dutch manufacturer Solarge BV to build & operate a 1 GW solar module factory, backed by a 5-year, 200-MW/year purchase agreement from the Rural Electrification Agency.
China, Russia dominate NPP new-builds, but global growth pace slowing
A record level of global nuclear power production in 2024 will be difficult to sustain without fresh investment as ageing fleets, project delays and competition from cheaper renewables bite, the World Nuclear Industry Status Report said.
Greenpeace says Ikea suppliers driving destruction of Romania’s ancient forests
Illegal logging is a "systemic problem in forest governance and timber markets" in the region, Greenpeace's head of biodiversity tells bne IntelliNews.
Japan plans subsea CO₂ storage to tackle climate change
A major initiative in Chiba Prefecture aims to tackle climate change by capturing carbon dioxide from factories around Tokyo Bay and storing it deep beneath the seabed.
Leaking butane in Malaysia neutralised with second flare deployment
A second portable flare is being installed on September 21 at Section 5 of the East Coast Rail Link (ECRL) site near Kemaman, where a Petronas Gas Berhad (PGB) pipeline has been leaking butane gas
PLN EPI and BNI strengthen biomass supply chain in Indonesia
Indonesia’s PLN is advancing clean energy by streamlining biomass sourcing and funding. Through PLN EPI and BNI, it supports suppliers of wood pellets, farm waste and other fuels for power plants.
Modi inaugurates Avaada’s 280-MW solar project in India's Gujarat
Prime Minister Narendra Modi inaugurated Avaada Group’s 280-MW solar power project in Gujarat’s Surendranagar district on Saturday and laid the foundation stone for the company’s upcoming 100-MW facility in Vadodara
Statkraft to sell Tidong hydropower project in India's Himachal Pradesh to JSW Energy
Statkraft has signed a deal to divest the Tidong hydropower project in India’s Himachal Pradesh to JSW Energy, the company said in a press release
$52m ADB loan to boost Cambodia’s green power infrastructure
Cambodia is advancing its clean energy ambitions with a $52.7mn loan from the Asian Development Bank (ADB), designed to reinforce its power transmission
Tajikistan draws IAEA gathering’s attention to remaining radioactive uranium tailings sites
A Tajik delegation reportedly drew attention to the urgent need to continue rehabilitating radioactive uranium tailings sites during its attendance at the 69th General Conference of the International Atomic Energy Agency (IAEA), held in Vienna.
Minister says electricity shortages mean Kyrgyzstan must prepare for one of most difficult winters in recent memory
Electricity shortages mean Kyrgyzstan must prepare for one of the most difficult winters in recent memory.
Iraq launches first major solar power plant in Karbala
Iraqi Prime Minister Mohammed Shiaa al-Sudani inaugurated the country’s first large-scale solar power station, marking a milestone in the government’s push to diversify its energy mix and reduce reliance on fossil fuels
Egyptian government plans $1.17bn sustainable finance initiative
Fortis Energy to start building major solar plant in Serbia next spring
Turkey’s Fortis Energy will begin construction next spring on a large solar power plant with battery storage in the Serbian town of Sremska Mitrovica.
Brazil, Germany ports team up on green energy
Rostock Port in Germany and Brazil’s Port of Pecém have signed a memorandum of understanding to create a transport corridor for the export of green energy and products from Brazil to Germany and Eastern Europe.
Brazil aquifers at risk from climate change
Brazil’s underground water reserves face significant reductions in natural replenishment under future climate scenarios.
China’s COP30 climate pledge will shape global emissions story - CREA
The COP30 summit in Belém, Brazil, kicks off on November 10 and will be very closely watched as one of the last opportunities to avert the very worst of the Climate catastrophe. And China's speech will be watched most closely of all.
Europe’s summer heatwaves killed more than 16,000 people
The heatwaves that swept the Continent were responsible for more than two-thirds of the 24,400 heat-related deaths estimated in Europe this summer, or 16,266 people, according to a new study conducted by scientists at Imperial College London.
Hive Hydrogen South Africa's proposed 1GW wind farm gets environmental approval
Hive Hydrogen said the Carissa Wind Energy Facility is the largest fully permitted wind energy project in South Africa.
Tanzania secures Austrian support for solar projects through UniCredit–Bank Austria
The Austrian government, through UniCredit–Bank Austria, listed on the Borsa Italiana, has pledged financial support to Tanzania for the rollout of solar energy projects
Honduras teachers' pension fund considers $200mn investment in 200MW solar project
Mindanao geothermal boosts Philippines renewable goals
The Philippines is working to grow its energy supply while cutting emissions. At the 2025 Philippine Net Zero Conference, Energy Secretary Sharon Garin highlighted that the country is setting climate goals on its own terms.
Singapore turns to Africa for carbon credits in net zero push
While China, India and the US are vying for Africa’s critical minerals, Singapore is targeting the continent’s carbon offsets to meet its climate ambitions and expand trade ties
L&T secures order for Kudankulam nuclear project expansion in India's Tamil Nadu
Indian engineering giant Larsen & Toubro has secured a major order valued at up to $285mn from the state-owned Nuclear Power Corporation of India Ltd for works at the Kudankulam nuclear power plant in Tamil Nadu
India sees drop in CO2 emissions as renewables accelerate
India’s power sector has recorded an unusual dip in carbon dioxide output, with emissions falling by 1% in the first half of 2025 compared with a year earlier.
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