REM - Renewable Energy
Turkey says partners in Chinese automaker Chery to build EV, hybrid plant in country
Turkey said on March 26 that partners in Chinese automaker Chery Automobile, plan to invest $1bn in an electric vehicle (EV) and hybrid vehicle manufacturing facility in the country.
Turkish energy company Margun buys $16mn geothermal power plant
Turkish energy company Margun Enerji has acquired Izmir Seferihisar Geothermal Power Plant (GPP) from RSC Elektrik for TRY605mn ($16mn).
Serbia’s Jadar lithium project set for EU strategic status, says Vucic
Serbia’s $2.55bn lithium mining project in the Jadar valley will be added to the European Union’s list of strategic projects outside its borders, President Aleksandar Vucic announced on March 25 after discussions with EU leaders in Brussels.
Green energy debts could derail Ukraine's green transition
A chronic debt crisis is threatening to undermine Ukraine’s efforts to attract investment into renewable energy sources.
German firm first to buy electricity origin guarantees in Ukraine
A German company has become the first buyer of electricity guarantees of origin in Ukraine, marking a key step in the country’s renewable energy market development.
Poland’s Polenergia plans to triple generation capacity by 2030
Polish energy company Polenergia aims to expand its generation capacity to 1.5 GW by 2030, up from 0.6 GW, by focusing on offshore wind development.
Pakistani sugar company installs 200-KW solar power system
Pakistani sugar company Tariq Corporation Limited has adopted renewable energy to power its operations, the company said in a press release.
India balances renewables push with growing oil and gas ambitions
The country is making big investments in renewable energy but at the same time wants to produce and purchase more oil and gas
Indian Renewable Energy Development Agency raises $110mn through privately placed bonds
Indian Renewable Energy Development Agency Limited (IREDA) has raised INR9.1bn ($110mn) through the issuance of privately placed subordinated Tier-II bonds for a 10-year tenure at an annual coupon rate of 7.74%, it said in a press release
Malaysia passes CCUS bill to boost green economy and investment
Malaysia’s Dewan Negara has unanimously passed the Carbon Capture, Utilisation, and Storage (CCUS) Bill 2025, paving the way for increased investment and industrial growth while supporting the country’s decarbonisation efforts
Indonesia accelerates energy transition under Just Energy Transition partnership
The administration of President Prabowo Subianto is ramping up efforts to implement the Just Energy Transition Partnership (JETP), reinforcing its commitment to reducing emissions and achieving net zero by 2060 or sooner
Indonesia develops plastic waste-to-fuel technology for sustainable energy
Indonesia’s National Research and Innovation Agency (BRIN) and the Banjarnegara Regency Government are advancing efforts to convert plastic waste into fuel (petasol) using a fast pyrolysis (faspol) machine
Colombia to host 2025 Energy Transition Summit as nation balances renewables push with social challenges
Colombia hosts global summit to tackle air pollution and health
The Second Global Conference on Air Pollution and Health commenced on March 25 at the Centro de Convenciones Cartagena de Indias in Cartagena, Colombia.
Tunisia approves four solar projects totalling 500 MW
The Tunisian government has approved four solar projects totaling 500 MW, PV Magazine reported on March 25, citing a statement from the country’s Minister of Industry, Mines and Energy.
Uzbekistan’s small nuclear plant project to stay within $2bn budget, says UzAtom chief
Equinor scales back climate ambitions
Norway’s Equinor has scaled back its energy transition ambitions as it faces mounting challenges in meeting renewable investment targets, blaming rising costs, supply chain issues and changing political priorities.
Energy demand surges, renewables increase substantially
The latest report from the International Energy Agency has revealed a significant rise in global energy demand in 2024, driven primarily by a sharp increase in electricity consumption.
TotalEnergies eyes Brazilian green hydrogen for European refineries
French energy major TotalEnergies is considering importing green hydrogen from northeastern Brazil to supply its European refineries, according to sources familiar with the matter.
Portugal’s EDP to sell 612-MW hydropower stake to Engie Brasil
Portuguese energy firm EDP Energias de Portugal has reached an agreement to divest its 50% holding in 612 MW of hydroelectric facilities in Brazil to French-owned utility Engie Brasil Energia
Some like it super-hot
Researchers are exploring the potential of tapping into much hotter rock formations than used by conventional geothermal energy, which could revolutionise the industry by dramatically increasing power generation and lowering costs.
Glaciers are melting faster than ever before due to climate change, says UN agency
Mass loss of ice from the world’s 19 glacier regions was 450bn tonnes in 2024, says a new report from the UN’s World Meteorological Organisation.
Cambodia connects 99% of villages to national power grid
Ninety-nine percent of Cambodia’s villages are now connected to the national power grid, the Ministry of Mines and Energy said on March 24, highlighting significant progress in the country’s energy sector over the past 15 years.
India’s first hydrogen-fuelled train likely to start operations in June
The launch of India’s first hydrogen-fuelled train is likely to be delayed to June due to some technical issues
Jindal India Renewable Energy wins 300-MW solar-plus-storage project in India
Jindal India Renewable Energy (JIRE), a subsidiary of the BC Jindal Group, has secured a letter of acceptance (LoA) from state-owned NHPC for a 300-MW solar-plus-storage project
LG Energy secures battery supply contract for Polish ESS project
South Korean battery manufacturer LG Energy Solution Ltd. has signed an agreement to supply batteries for an energy storage system (ESS) in Poland, with deliveries set to begin next year.
MediaTek and Far EasTone secure offshore wind agreements in Taiwan
Taiwanese semiconductor firm MediaTek and telecoms provider Far EasTone Telecommunications have entered into two Power Purchase Agreements (PPAs) to acquire wind energy in Taiwan.
ING strengthens sustainable investment in the Philippines
Dutch bank ING is strengthening its investment in renewable energy and sustainable digital infrastructure in the Philippines, citing the country’s economic stability and rising demand for green funding.
Thailand, South Korea ink deal to boost nuclear, space ties
Thailand and South Korea have signed an agreement to strengthen cooperation in nuclear energy and space technology, with a focus on peaceful nuclear development and clean energy solutions, officials said.
Aramco launches DAC plant, buys blue H2 business
Aramco has introduced the kingdom's inaugural direct air capture facility for CO2 as part of its growing commitment to climate technology
Egypt’s Orascom, Spain’s Técnicas Reunidas land $2.6bn deal for Saudi power project
The project is part of Saudi Arabia’s strategy to balance energy expansion with environmental sustainability while supporting its Vision 2030 goals for economic growth and diversification.
More than 2bn people’s food and water supplies set to be disrupted by melting glaciers
The food and water security of approximately 2bn people will be negatively affected by the rapid retreat of glaciers, the United Nations has warned, and accelerating melt rates are expected to have severe and unpredictable consequences.
Russia's Rosatom has presented small nuclear power plant proposal to Tajikistan, says report
Tajikistan is studying a proposal from Russia for the construction of a small nuclear power plant (NPP), TASS has reported.
Sweden energy firm Renetech explores biogas plant in Lagos to support Nigeria's clean energy transition
Diversified miner Exxaro forecasts decade of steep clean energy growth in South Africa
Growth projections for renewables in South Africa are making it a worthwhile market to pursue, especially with expansion into energy trading and battery storage, says Exxaro Energy’s MD.
Global energy demand doubled in 2024 driven by extreme temperatures, but renewables covered 80% of the increase, says IEA
Global energy demand growth surged in 2024 to almost twice its recent average, driven by rapidly rising electricity use, the International Energy Agency said in its global energy review 2025 report on March 23.
Indonesia strengthens clean energy and EV collaboration with South Korea
Indonesia is deepening its partnership with South Korea in the clean energy and electric vehicle (EV) industries to support its goal of cutting greenhouse gas emissions by 31.89% by 2030.
Philippines expands renewable energy with Green Energy Auction 4
The Philippines’ Department of Energy (DOE) has announced the latest round of its Green Energy Auction (GEA-4), aiming to introduce 9,378 MW of additional renewable energy capacity.
Brazil's solar energy hits record 39% of national grid demand
Solar power in Brazil has achieved a milestone by supplying 39% of the instantaneous electricity demand on the National Interconnected System, according to data from the National Electricity System Operator.
Brazilian oil port reserves land for third green hydrogen-to-ammonia project
The Port of Acu, which handles 40% of Brazil's oil and gas exports, has signed an agreement to allocate land for a third green ammonia project, reinforcing the port's transition towards cleaner energy alternatives.
Chinese steel major HBIS signs decarbonisation deal with Brazil's Vale
Chinese steelmaker HBIS Group has signed a memorandum of understanding (MoU) with Brazilian mining company Vale to advance decarbonisation efforts across the steel value chain.
Brazil pushes to join Germany’s green steel supply chain
Ore extraction at Mongolia’s giant Oyu Tolgoi copper mine set to rise 50% y/y this year
Ore extraction at giant copper mine Oyu Tolgoi in Mongolia is expected to rise by 50% y/y this year, leading to an increase in copper concentrate production.
European Commission launches inquiry over BYD’s Hungarian investment
The European Commission has launched an investigation into whether BYD received unfair state subsidies from China to support the construction of its Hungarian factory.
Romania to unblock hydropower projects with total capacity of 700 MW
Romania’s government will “unblock and accelerate” ten hydropower projects with a total installed capacity of 700 MW, where RON12bn (€2.4bn) was already invested, Minister of Energy Sebastian Burduja announced.
Sri Lanka unveils five-year renewable energy development plan
Sri Lanka has launched a five-year renewable energy development plan - Green Energy Acceleration Plan 2025-2030.
HSBC to disburse $5.3bn in green finance for Vietnam
HSBC has disbursed over $2.5bn in green finance in Vietnam, with an additional $5.3bn “already in the pipeline,” Deputy Minister of Industry and Trade Nguyen Hoang Long said.
Thailand looks to ASEAN Power Grid for renewable energy expansion
Thailand aims to generate 50% of its electricity from renewable sources by 2037 under its newly draughted Power Development Plan 2024 (PDP2024).
ASEAN moves toward unified EV standards
Southeast Asian nations are working on a standardised electric vehicle (EV) policy to support regional sustainability efforts and accelerate the shift to clean energy
South Korea’s OCI expands US solar cell production
OCI Holdings is set to expand its American solar value chain by constructing a solar cell manufacturing facility at its subsidiary, Mission Solar Energy, in Texas.
Honda to source hybrid car batteries from Toyota’s US facility
Honda Motor Co. is set to acquire hybrid vehicle batteries from Toyota’s manufacturing plant in North Carolina, aiming to adjust its supply network in response to potential US tariffs.
India boosts energy, mobility infrastructure in western Himalayas
The union territory of Ladakh holds immense strategic and geopolitical importance for India as it borders China and Pakistan.
Philippines launches fourth green energy auction with expanded capacity
The Philippines’ Department of Energy has outlined the guidelines for the fourth green energy auction, targeting the addition of 9,378 MW of renewable energy capacity.
Colombia's Ecopetrol under scrutiny over alleged concealment of environmental damage
Colombia's leading oil company, Ecopetrol, is facing allegations of concealing environmental damages.
Atlas Agro plans Brazil’s first green hydrogen fertiliser plant
Atlas Agro plans to build Brazil’s first green hydrogen-based fertiliser plant in Uberaba, Minas Gerais.
Slovenian government proposes three new members for Energy Agency Council
The Slovenian government has put forward on March 20 three candidates for appointment to the Energy Agency Council, aiming to restore stability to the regulatory body.
Serbia to produce electric Citroen C3 at Stellantis factory in Kragujevac
Serbia is set to expand its electric vehicle production capabilities with the launch of the electric Citroen C3 at the Stellantis factory in Kragujevac, marking a another step in the country’s growing role in the European EV market.
Aramco launches Saudi Arabia's first direct air carbon capture unit with Siemens
Saudi Aramco has launched Saudi Arabia's first pilot direct air capture (DAC) unit for carbon dioxide in collaboration with Siemens Energy.
South African IPP Mulilo Energy achieves financial close on 75-MW solar project in Northern Cape
South Africa’s independent power producer, Mulilo Energy Holdings (Mulilo), has achieved financial close on a 75-MWac/105-MWdc solar photovoltaic project near De Aar in the Northern Cape province of South Africa.
Zimbabwe seeks contractor to build 5-MW solar project
360Energy signs power purchase agreement with Danone Argentina for renewable energy
Energy company 360Energy and dairy producer Danone Argentina have signed a power purchase agreement that will supply the latter with 34 GWh of renewable energy annually from the Cañada Honda IV solar farms and the La Rioja Solar Complex.
Kazakh president appoints new energy minister
Kazakhstan’s President Kassym-Jomart Tokayev on March 19 appointed Erlan Akkenzhenov as the country’s new energy minister, following the reassignment of Almasadam Satkaliyev to head the country's newly established nuclear power agency.
Romania’s Hidroelectrica seeks to invest €130mn in non-hydro projects this year
Romania’s state-controlled group Hidroelectrica (BVB: H2O) has earmarked RON 660 million (EUR 130 million)to invest in 2025 for diversification projects including solar projects.
Samaiden & Unique Fire ink solar agreements in Malaysia
Samaiden Group Bhd and Unique Fire Holdings Bhd have formalised agreements with Tenaga Nasional Bhd (TNB) to establish large-scale solar photovoltaic (PV) facilities in Pasir Mas, Kelantan, and Hilir Perak, Perak,
Yuchengco Group expands renewable energy with Isabela, Philippines solar farm
PetroGreen Energy Corp. (PGEC), a subsidiary of the Yuchengco Group, is making progress on its P1.9bn solar farm in San Pablo, Isabela.
North India’s first nuclear project to come up in Gorakhpur in Haryana
North India’s first nuclear project is set to be established in Gorakhpur, a small town in Haryana, Union Minister Dr Jitendra Singh announced on March 19.
Green hydrogen plant at India's Kandla to be ready in July 2025
The green hydrogen plant at Deendayal Port Authority (DPA) in Kandla will be operational by July 2025, producing 18 kg of hydrogen per hour, making it India's first port-based plant using indigenous electrolysers, the government of India said
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