REM - Renewable Energy
EBRD considers $223.5mn financing for AMEA Power to complete Egypt battery storage projects
Nearly $72mn granted to Vietnam’s forest programme
Vietnam has secured almost $72mn in climate finance to reward past efforts in protecting its forests.
Nigeria’s gas dilemma: abundant reserves, limited domestic delivery
Despite its vast proven natural gas reserves of almost 210 trillion cubic feet, Nigeria has been unable to harness sufficient gas for its domestic economy or export market.
Polish firm ELQ targets major renewable expansion in Ukraine
Polish energy company ELQ plans to invest up to €2.5bn in Ukraine’s renewable energy sector, aiming to build as much as 2.5 gigawatts of new capacity in the coming years.
DZGM Energy Resources secures power purchase agreement for 100MW hybrid power plant in Zambia
Zambia’s state-owned power utility, Zesco, has signed a power purchase agreement with DZGM Energy Resources (DZGM) for a 100-megawatt (MW) solar-wind hybrid project in the country.
Nigeria’s solar imports jump to 2.9mn panels as power crisis deepens
Persistent electricity shortages are driving Nigeria to import 2.9mn solar panels worth NGN435.5bn ($314.4mn), signalling a rapid shift towards off-grid energy solutions
Iran pushes ahead with solar and wind plants
Iran is building four solar plants and a wind farm targeting 100MW as the war batters the power grid, with the first phase due online by July 2026 amid repeated strikes on electricity infrastructure.
MASPV secures landmark Guatemala solar deal as storage-backed projects gain traction
Energy firm MASPV has been awarded a contract worth more than $100mn to develop a large-scale solar project in Guatemala, marking a significant step in the region’s shift towards more flexible renewable energy systems.
China begins construction of 1 GW wind farm in northern Kazakhstan
China’s State Power Investment Corporation (SPIC) has begun building a 1 GW wind farm near Ekibastuz in Kazakhstan’s northern Pavlodar Region.
Bangladesh apparel exports risk 5% EU carbon tax
Adani Green commissions 951-MW renewable capacity in India
Adani Green Energy Limited (NSE: ADANIGREEN) has operationalised 951 megawatts (MW) of renewable energy capacity across Rajasthan and Gujarat.
Colombia to host global talks on fossil fuel phase-out with key producers
Colombia will host a global meeting in Santa Marta from April 24 to April 29 bringing together 45 countries, including major fossil fuel producers, to advance discussions on phasing out oil, gas and coal, Environment Minister Irene Torres said.
Colombia to host 45-nation summit aimed at advancing fossil fuel phase-out
Colombia will host a global summit in Santa Marta from April 24 to 29 bringing together 45 countries to push forward efforts to phase out fossil fuels and accelerate the energy transition, President Gustavo Petro confirmed
Poland’s PGE sees 2025 power generation slip as recurring core earnings climb
Poland’s major power group Polska Grupa Energetyczna (PGE) saw its recurring EBITDA inch up by 2% y/y in 2025, according to estimated data. At the same time, its net result as well as power generation declined slightly last year.
Brazil taps Fugro for wind study
Brazil’s Petrobras has awarded a contract to Fugro to carry out geotechnical investigations for a planned offshore wind pilot project.
Ho Chi Minh City ramps up electric motorbike battery network
Ho Chi Minh City is accelerating the rollout of battery-swap cabinets and charging stations for electric motorbikes, aiming to have over 3,000 cabinets operational before April 20.
Vietnam strengthens energy security through solar rollout
Vietnam's Prime Minister Pham Minh Chinh has ordered stronger electricity-saving efforts and a faster rollout of self-produced rooftop solar as the country works to secure energy supplies amid rising demand and global uncertainty.
Colombia's Ecopetrol folds solar unit into core structure to deepen renewables push
Colombia’s Ecopetrol said on March 30 that shareholders approved the absorption of its subsidiary Parque Solar Portón del Sol, consolidating renewable assets as part of its energy transition strategy
Colombia sets rules for clean energy auctions to draw investment
Colombia has established a regulatory framework for long-term clean energy auctions aimed at attracting investment and stabilising electricity prices, the Ministry of Mines and Energy said
Alcazar Energy advances €396MW Stip wind project in North Macedonia with ESIA disclosure
Green Climate Fund allocates $440mn seven African projects supporting low-carbon development
The Green Climate Fund approved $440mn in financing for seven African projects, aiming to mobilise $1.1bn in co-financing as the continent faces a widening climate investment gap.
Sany of China plans €1bn green energy and data centre project in Romania
Chinese industrial conglomerate Sany Group plans to invest more than €1bn in a large-scale hybrid energy and data centre project in western Romania.
Canada-backed solar kits to give 24-hour power to UNESCO heritage community in Eastern Cuba
International cooperation projects are delivering solar energy systems to isolated mountain communities in Cuba's eastern Holguín province, as the island seeks renewable alternatives to diesel generators amid a deepening fuel crisis
Singapore’s path towards nuclear energy use
Singapore is taking another step toward the possible deployment of nuclear power, with the National Environment Agency announcing plans to commission three studies focused on nuclear safety standards and environmental safeguards.
Brazil summit expands species protection
China’s electrostate powers its grip on global metals
China’s emergence as a dominant force in industrial metals is increasingly being driven not only by its access to raw materials, but by the scale and structure of its electricity system.
Sun King to invest $150mn in Ethiopia solar rollout targeting 2mn users
Sun King will invest $150mn in Ethiopia’s off-grid solar sector under an MoU with the Ethiopian Investment Commission, targeting more than 2mn households as the country seeks to expand energy access.
Iran's dams less than half full despite rainfall improvement
Iran's dams are less than half full despite a 27% rise in inflows this water year, with Tehran recording a 32% rainfall deficit and drinking water under pressure in seven major cities.
EV sales overtake petrol vehicles in EU for first time
Sales of EVs overtook standard petrol cars in the EU for the first time in December 2025, marking a milestone in the bloc’s transition to cleaner transport and reducing its reliance on oil imports.
Japan investment SPARX launches $66mn green energy fund
Tokyo-based independent investment manager SPARX Group has established a public-private Green Transformation (GX) fund alongside the City of Sapporo and 12 other partners to drive renewable energy in Japan's northernmost prefecture.
South Korea EV sales surge 172% to record
South Korean electric vehicle (EV) registrations surged to an all-time monthly high of 35,693 units in February, representing a 172% year-on-year increase.
Mahindra, HPCL partner to expand EV charging network across India
Charge_iN by Mahindra has entered into a strategic partnership with Hindustan Petroleum Corporation Limited (NSE: HINDPETRO) to roll out electric vehicle charging stations at HPCL fuel retail outlets across India.
Dubai underwater following torrential rains
Dubai was underwater after torrential rain overwhelmed the sewage system and left roads under water and street level shops swimming in water on March 28.
Greenvolt unit to develop 180 MW wind project in Serbia
Belgrade-based WPP Black Mud, part of Portugal’s Greenvolt Group, plans to build a 180 megawatt wind farm in southern Serbia.
Hydropower leads February electricity generation in Turkey after record rainfall
Plentiful rainfall in February — the highest in 66 years — boosted dam reservoir levels across Turkey and made hydroelectric power plants (HPPs) the top contributor to the country’s energy mix.
Iran war is Asia's Ukraine moment, rapid green energy rollout will accelerate
Three quarters of the world's population live in fossil importing countries and bleed out at least 3% of GDP every year to import oil to run their cars and power plants.
Nigeria expands CNG programme to include EVs in transport reform push
Nigeria has expanded its CNG programme to include electric vehicles, as the government seeks to lower transport costs, boost energy security and accelerate its transition to cleaner mobility solutions.
Algeria’s Sonelgaz relaunches tender to revive delayed 1.2GW Djelfa plant project
Algeria has relaunched a tender to complete the $600mn Djelfa power plant after years of delays, as Sonelgaz seeks new contractors to deliver the 1.2GW gas-fired facility and boost national power capacity.
IFC to consider financing for €230mn wind farm in Ukraine’s Odesa region
The International Finance Corporation (IFC), part of the World Bank Group, is set to review a €70mn loan for a wind power project in Ukraine’s Odesa region, as Kyiv seeks to accelerate renewable energy development despite wartime challenges.
Bangladesh’s power sector at a crossroads
With the Middle East in turmoil, the new Bangladesh government faces a critical moment in its power and energy landscape.
Samsung, SK, HD Hyundai join state energy-saving drive
Samsung Group joined government-led energy conservation efforts by introducing a voluntary 10-day vehicle rotation system, the company announced in a statement on March 25.
Japan's Cosmo, Kyocera trade wind for solar energy
Cosmo Eco Power and Kyocera have signed mutual physical power purchase agreements (PPAs) to exchange renewable energy between their respective Japanese subsidiaries.
India’s emissions growth slows to two-decade low in 2025
India’s carbon dioxide emissions rose by just 0.7% in 2025, marking the slowest annual increase in over two decades, as record additions in clean energy capacity and subdued electricity demand restrained fossil fuel consumption.
Renewables draw 15% of Colombia FDI projects as clean matrix underpins appeal
Renewable energy accounted for about 15% of foreign direct investment projects in Colombia in 2025, reflecting rising investor interest in the country’s energy transition, according to a report by ProColombia published on March 26.
El Salvador's Aristos Energy brings 43.9 MW solar plant online in $44.8mn investment
El Salvador continues to scale up its renewable energy capacity as Grupo Aristos brought a new solar facility online, reinforcing the country’s push to diversify electricity generation and attract investment into the sector.
Premier African Minerals raises $1mn to support Zimbabwe lithium processing plant installation
Premier African Minerals (AIM: PREM) has raised $1mn, which it will use to advance the installation of a floatation plant at its Zulu Lithium and Tantalum Project in Zimbabwe.
TotalEnergies to redirect capital from US offshore wind to oil and gas
TotalEnergies has struck a deal with the Trump administration to abandon its US offshore wind leases and redirect recovered lease fees to fossil fuel projects.
Extreme heat will kill more people in poor countries than the rich
Poorer countries are projected to suffer sharply higher mortality from the increasing frequency of extreme heatwaves than wealthier nations, with death rates potentially rising by as much as tenfold.
Kyivstar targets new solar assets in second energy investment push
Ukraine’s largest mobile operator Kyivstar is seeking to expand its presence in renewable energy by acquiring six solar power plants in the western Lviv region, marking its second major investment in the sector.
Ukraine secures fresh energy backing as EBRD builds 1 GW renewables pipeline
Ukraine is ramping up efforts to strengthen its war-hit energy sector, with the EBRD assembling a renewable energy investment pipeline exceeding 1 gigawatt and approving fresh funding to help the capital prepare for winter.
Engie powers up $64mn battery project in Chile to boost solar reliability
Engie has advanced its renewable energy strategy in Chile by energising a large-scale battery storage system designed to stabilise solar power output in the Atacama Desert.
Sony, Honda scrap EV venture as market cools
Sony Group Corp. (7267.T) and Honda Motor Co. (6758.T) cancelled plans to produce and sell two electric vehicle (EV) models, the joint venture announced on March 25.
Malaysia launches floating solar pilot project at Kenyir Dam
Malaysia has taken a step toward expanding its renewable energy capacity with the launch of a floating solar pilot project at Tasik Kenyir Dam, part of a broader effort to integrate new technologies into existing power infrastructure
Eco Wave advances Taiwan project after Suao Port lease
Eco Wave Power Global AB (Nasdaq: WAVE) moves its Taiwan wave energy scheme into the next phase after its local partner secured a land lease at Suao Port.
Sri Lanka faces power strain as coal issues and fuel delays hit generation mix
Sri Lanka’s power sector is coming under mounting pressure as global fuel supply disruptions, substandard coal imports and delayed shipments threaten electricity generation.
Samsung C&T finishes first off-grid Korea hydrogen plant
Samsung C&T (028260.KS) has finished South Korea’s first hydrogen production facility operating entirely off grid, the company said on March 25.
Colombia’s gas import dependence deepens as supply gaps loom
Colombia is set to deepen its reliance on imported natural gas as declining domestic output and delayed upstream projects tighten supply
Suzlon secures 100-MW wind order from GAIL in India's Maharashtra
Suzlon has secured a repeat wind energy order of around 100 MW from Gas Authority of India Limited, marking the sixth such contract between the two companies.
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