REM - Renewable Energy
Karol G tells Colombia's president-elect to govern "for everyone" — and triggers a three-way public exchange
Minister says Lithuania’s flagship €3bn offshore wind project not commercially viable
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Colombia's biggest companies lift profit as commerce dominates revenue
Colombia's 10,000 largest companies generated combined net profit of COP138.6 trillion (about $40.9bn) in 2025 as operating revenue rose 5% to COP1,853 trillion (about $546.3bn), broadly equivalent to the country's nominal gross domestic product
Mongolia awards first renewable energy auction contracts for solar and battery projects
Mongolia has concluded its first competitive auction in the renewable energy sector, awarding contracts for solar power plants and battery storage systems across five provinces, the government said on July 1.
Turkey’s Dalaman becomes first airport terminal in world powered entirely by rooftop solar
Panama pulls the plug on regional power exports as El Niño drains reservoirs
Panama cuts 200MW of power exports to Central America as El Niño drains major hydro reservoirs, leaving neighbors exposed to soaring energy prices that could double or triple.
TCHAKAROV: New shade of success? Think Uzbek green!
The government's objective of lifting clean energy to more than half of installed capacity by 2030 looks increasingly realistic.
Heat mortality surges in Europe – Statista
Heat-related mortality in Europe has surged over the last couple of decades. This is according to the latest available data published by the Lancet Countdown 2025 Report, Statista reports.
Grid, data centre plans boost South Korean battery sector
The South Korean battery sector will gain substantial new business from a major state energy and technology expansion strategy, following a joint announcement by the government, Samsung Group (028260.KS) and SK Group (034730.KS) on May 29.
Sri Lanka reiterates commitment to 70% renewable energy target by 2030
Sri Lanka has reiterated its commitment to expanding renewable energy and advancing climate goals, with plans to meet 70% of the country's energy demand from renewable sources by 2030 and beyond.
Vietnam doubles rooftop solar export limit
Vietnam has doubled the amount of electricity self-consumption rooftop solar systems can feed into the national grid, in a move aimed at encouraging greater investment in renewable energy.
Energy statistics show we remain an overwhelmingly fossil fuel-based world
Renewables are growing fast, but oil and gas by far still dominate the global energy system.
Europe braces for Super El Niño as scientists warn extreme weather could intensify
Europe is enduring its most intense early summer heatwave on record, with temperatures exceeding 40°C in several countries and breaking local June records across southern and western Europe. Next up is a super El Nino that is appearning now.
EDF secures major solar, storage and digital energy projects in Oman
France’s EDF Power Solutions has strengthened its footprint in Oman’s clean energy sector through a series of landmark agreements signed in Paris during the official visit of Sultan Haitham bin Tarik to France on June 29.
Polish energy firm targets up to €3bn for Ukraine as World Bank outlines $26bn investment roadmap
Polish energy group ELQ plans to invest between €2.5bn and €3bn in Ukraine's energy sector, joining a broader international push to rebuild the country's electricity system as the World Bank identified nearly $26bn in priority energy investments.
France's GreenYellow expands Colombia industrial solar footprint with new Meta project
GreenYellow Colombia has commissioned a 1.45MWp self-generation solar park for Cerámica Industrial del Meta (CIMET) in Acacías, Meta department, a project expected to generate about 2.2GWh of electricity annually and supply around 30%
AES bets on panels because El Salvador's grid has no other option
AES and ECORAY launched the $60mn Santa Ana IV solar plant to protect El Salvador's vulnerable grid from El Niño blackouts. With 186MW under management, AES now controls a quarter of national solar output as wires become the new bottleneck.
Burundi inaugurates 17MW Mulembwe hydropower plant, completing 49.5MW Jiji-Mulembwe project
Burundi has inaugurated the 17MW Mulembwe hydropower plant, completing the 49.5MW Jiji-Mulembwe scheme, one of the country's largest infrastructure projects, backed by the AfDB, World Bank, EIB and EU.
Egypt issues $500mn sustainability samurai bonds backed by AfDB guarantee
Proceeds from the issuance will be allocated to eligible expenditures under Egypt's Sovereign Sustainable Financing Framework, including healthcare, education, renewable energy, energy efficiency, climate adaptation, water and wastewater
Philippines secures $1.02bn World Bank green loan
The Philippines secured a $1.02bn financial package from the World Bank Group to lower electricity costs, expand renewable energy, and improve water infrastructure.
Philippines turns to rooftop solar as prices climb
Citizens across the Philippines are snapping up rooftop solar installations to escape punishing utility bills, making the country the world's largest buyer of solar technology since the conflict in Iran began.
Pakistan moves towards local lithium-ion battery production through China partnership
Pakistan has taken a significant step towards developing a domestic energy storage industry after the Saigol Group signed a memorandum of understanding with China’s Juhang Energy Technology Group to explore local production of lithium-ion batteries.
Acciona bets on Brazil despite global uncertainty
Spain's Acciona sees Brazil as a priority market despite growing global uncertainty, with the country's energy mix and infrastructure framework offering opportunities for long-term investment.
Brazil’s JBS steps up biomethane investment
JBS and Âmbar Energia will invest BRL65mn to expand biomethane production from waste generated at Friboi facilities, aiming to almost quintuple output for use in the group's industrial operations and transport network.
Thailand targets 60% clean electricity by 2050
Thailand is moving closer to adopting a new long-term power strategy that aims to source 60% of the country’s electricity from clean energy by 2050.
Vietnam Vingroup advances Philippines clean energy and solar projects
Vietnam’s Vingroup has strengthened its push into the Philippine energy market by signing major renewable energy agreements to boost clean power generation and support the country’s energy transition.
BYD drivers gain wider EV charging access across Vietnam
BYD electric vehicle owners in Vietnam will soon have access to a larger nationwide charging network through a new partnership with local charging provider FUTA EV Power.
Mexico details new 32 GW renewable plan, valued at $42bn
Mexican officials announced a renewable energy expansion plan targeting 32 gigawatts (GW) of new electricity capacity by 2030 at a June 28 press conference. 70% of that total is to be sourced from clean energy.
Zimbabwe's Kamativi Mining Company invests $25m in 36MW solar plant to cut power costs
Kamativi Mining Company (KMC) is investing $25 million in the construction of a 36-megawatt (MW) solar power plant as part of efforts to reduce costs, improve energy security and support Zimbabwe’s drive for increased renewable energy generation.
Sub-Saharan Africa's green transition could create up to 84.5mn jobs by 2050, report says
Africa's green transition is expected to be driven by decentralised, service-based industries such as clean cooking, off-grid solar, waste recycling and electric mobility.
India turns to global alliances to accelerate wind power growth
The government of India is of the view that wind energy will also play a vital role in the country's energy transition plan, according to a note published in mid-June.
SAEL begins work on integrated solar manufacturing hub in India's Uttar Pradesh
Chief Minister Yogi Adityanath has laid the foundation stone for SAEL’s integrated solar manufacturing facility in Jewar, Uttar Pradesh, marking a major step in the state’s efforts to strengthen domestic clean energy manufacturing.
Tata Power, TPEM open Telangana’s first high-speed EV charging hub in Hyderabad
Tata Power and Tata Passenger Electric Mobility Limited (TPEM) have inaugurated Telangana’s first high-speed Tata.ev MegaCharger hub in Hyderabad, expanding electric vehicle charging infrastructure in the state.
Manila backs pioneer 901 MW marine wind project
The Philippines is accelerating its first offshore wind farm to bolster national energy security, the Department of Finance announced on June 28.
China’s battery giant CATL reportedly set to make first investment in Mongolia
Global battery giant CATL as an initial step in Mongolia reportedly plans to invest in a battery energy storage project with a capacity of 100-400 MWh.
Renewables account for 45% of Uzbekistan's electricity mix as green generation rises
Renewable energy accounted for 45.3% of Uzbekistan's electricity generation this year at 3:00 p.m. local time on June 24, up from 33.6% a year earlier, as increased solar, wind and hydropower output reduced reliance on natural gas-fired power plants.
France's June 2026 heatwave is worse than August 2003
The heat gripping France right now has already eclipsed the catastrophic summer of 2003. Météo-France's national thermal indicator — a composite average across 30 weather stations — is in red alert across the country for the first time.
Estonia to open one of continental Europe's largest battery storage facilities
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Energo-Pro launches first battery energy storage system in Bulgaria
Energo-Pro has commissioned its first battery energy storage system in Bulgaria, marking the group's entry into grid-scale energy storage in the country as it seeks to support electricity network balancing and renewable energy integration.
Turkey's Ihlas Holding breaks ground on $3bn Kyrgyz hydropower megaproject
Construction of the 912-MW Kazarman hydropower cascade on Kyrgyzstan's Naryn River officially began on June 25.
Europe's June heat wave is most severe ever recorded — and the new normal
The heatwave that seared much of Europe in late June is officially the most severe ever recorded in the region, according to a rapid-attribution study published on June 26.
Can geothermal power Central Europe’s energy transition?
The appeal of geothermal power is strong in a region where the 2022 gas crisis exposed the strategic vulnerability created by dependence on imported fossil fuels.
Brazil secures global backing for industry decarbonisation
Brazil has become one of the first countries to secure approval for an industrial decarbonisation strategy under a global climate fund programme, paving the way for financing aimed at cutting emissions from energy-intensive industries.
Zambian firm Wonderful Group says equipment procurement for 600MW power plant reaches 80%
Equipment procurement for a 600MW thermal power plant being developed in Zambia’s Sinazongwe District has reached 80%, highlighting a significant milestone for one of the country’s key energy projects
The geothermal revolution beneath the streets of Szeged
Hungary's Szeged has become a laboratory for one of Europe’s most ambitious urban geothermal transitions.
Stage Zero secures FirstRand funding platform for South African solar rollout
Stage Zero secured an institutional funding platform via a securitisation transaction, highlighting the growing maturity of South Africa's distributed solar market as developers shift from one-off equipment sales to recurring-revenue business models.
Cameroon shifts focus to electricity transmission as power generation expands
Cameroon shifts energy strategy from building power plants to expanding its electricity transmission network, arguing inadequate grid infrastructure now main obstacle to boosting supplies
Togo generated majority of electricity domestically in 2024, energy ministry data show
Togo generated more than 53% of the electricity supplied to its national grid in 2024, mainly via thermal power plants. Planned investments in solar and conventional power capacity may further reduce the country's reliance on imports.
Nigeria commissions 505kW solar mini-grid in Epe and plans 5MW expansion
REA Managing Director Abba Aliyu said the Epe project marked the first phase of the agency's plans for the area.
Meralco unit, Japanese firms partner on solar joint venture
A subsidiary of Manila Electric Co. teamed up with Tokyo Century Corp. (8439.T) and JFE Engineering Corp. (JFEE)(5411.T) to expand solar energy options for industrial facilities, MSpectrum announced on June 25.
RES to take over Mexican wind farm in first Latin American contract
British renewable energy firm Renewable Energy Solutions (RES) said it has secured its first asset management contract in Latin America. The company will be taking over La Bufa wind farm in Zacatecas, Mexico.
Indonesia mandates Sustainable Aviation Fuel (SAF) by 2027
The Indonesian government has finalised a new green energy timeline to accelerate the decarbonisation of its aviation infrastructure
BRICS energy ministers launch smart grid centre
The headline deliverable was the launch of the BRICS Digital Centre of Excellence for Smart Grids and Energy Storage, a voluntary knowledge-sharing and pilot development platform operating under the BRICS Energy Research Cooperation Platform.
Adani Group targets 10-GW nuclear portfolio by 2035
Adani Group has unveiled plans to establish up to 10 gigawatts (GW) of nuclear power capacity by 2035, positioning itself to become one of India's largest private-sector participants in the country's rapidly expanding nuclear energy programme.
India eyes diesel biofuel blending with isobutanol pilot
India is preparing to expand its biofuel strategy beyond petrol by introducing isobutanol blending in diesel, a move that could reshape the country's commercial vehicle sector and further reduce dependence on imported crude oil.
Myanmar junta pushes local EV production amid criticism
Myanmar's military leadership is seeking to establish domestic electric vehicle (EV) production, despite concerns over power shortages and allegations that the sector primarily benefits businesses linked to the ruling family.
Colombia's De la Espriella sets Fiscal repair, fossil fuel energy revival at core of economic agenda
Colombia’s president-elect Abelardo de la Espriella is preparing an economic programme centred on fiscal consolidation, renewed oil and gas development, infrastructure expansion and housing incentives as his administration seeks to revive growth
Colombia's Ecopetrol extends slide as investors lock In gains after election rally
Shares of Ecopetrol extended losses on June 24 after falling more than 10% over two trading sessions on Colombia’s stock exchange, as investors took profits following a sharp rally linked to expectations surrounding the election of president-elect
China's Sany starts construction of 168 MW wind project in Serbia
Chinese wind turbine manufacturer Sany Renewable Energy has started construction of a 168-megawatt wind project in Serbia, marking its first renewable energy investment in the country.
Green for Growth Fund signs €15mn loan with Albania's Vega Energy to boost Western Balkans solar expansion
The Green for Growth Fund (GGF) has signed a €15mn senior loan agreement with Albanian engineering and construction firm Vega Energy to finance the expansion of utility-scale solar projects across the Western Balkans, the fund...
South Africa's Naos-1 selects China's Envision Energy BESS for 660MWh hybrid power project
Chinese renewable technology company Envision Energy will supply a 660MWh battery energy storage system for South Africa's Naos-1 hybrid renewable energy project, supporting one of the country's largest privately contracted clean power developments.
IFC invests in WeLight to scale African mini-grids under Mission 300 initiative
WeLight has secured €27mn ($31mn), including an IFC investment, to expand solar-powered mini-grids into Nigeria and the DRC while growing operations in Madagascar and Mali.
Brazil delays vote on higher ethanol blend in gasoline
Brazil has postponed a meeting of the National Energy Policy Council (CNPE) that was due to consider raising the mandatory share of anhydrous ethanol in gasoline from 30% to 32%, the Ministry of Mines and Energy said.
Mongolia's risky fuel strategy gamble
Country’s dependence on Russian gasoline gives it short-term supply stability but leaves it structurally exposed.
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