REM - Renewable Energy
Kyrgyzstan launches $50mn of new national stablecoin, orders crypto mining to cease amid power crisis
Kyrgyzstan’s financial regulator has announced the launch of more than $50mn worth of its new national stablecoin, the USDKG, which is backed by gold and pegged to the US dollar.
China delivers 5,000 solar kits to Cuba after Hurricane Melissa
China delivered 5,000 residential photovoltaic systems to Cuba on November 10 valued at approximately $15mn to assist communities affected by Hurricane Melissa and isolated rural households without grid access
Malaysia issues first offshore CCS assessment permit
Malaysia has taken a major step toward developing a domestic carbon capture and storage industry, granting its first offshore assessment permit to Petronas CCS Ventures.
COP30: Ethiopia provisionally endorsed to host 2027 climate summit
AEC to host G20 African Energy Investment Forum ahead of G20 Summit in Johannesburg
The African Energy Chamber (AEC) will host the G20 African Energy Investment Forum ahead of the G20 Summit in South Africa.
Tunisia, World Bank sign $430mn results-based energy transition deal to mobilise $2.8bn in renewables
Tunisia has signed a $430mn results-based financing deal with the World Bank to modernise its energy sector. The initiative aims to mobilise $2.8bn in private investment, add 2.8GW of renewable capacity by 2028, and cut electricity-supply costs 23%.
Indonesia seeks Sweden partnership to advance global carbon trade goals
Indonesia has invited Sweden to collaborate in developing high-integrity carbon markets to help achieve global climate targets, Environment Minister Hanif Faisol Nurofiq said during his remarks at the Sweden Pavilion at COP30
Taiwan village flooded after storm pushes creek beyond banks
Mingli Village in Hualien’s Wanrong Township was submerged after water from Matai’an Creek overflowed following intense rainfall brought by Tropical Storm Fung Wong, according to Taiwan's Water Resources Agency.
UN says climate crisis is intensifying typhoons impacting the Philippines
The United Nations cautioned that intense storms such as Typhoon Fung wong, locally called Uwan, are likely to increase as rising sea temperatures around the Philippines fuel extreme weather.
China's GoodWe partners with ACI Motors to accelerate Bangladesh’s solar energy transition
Renova wins 85-MW solar project in the Philippines
Japan’s Renova Inc. has secured its first solar power project in the Philippines, an 85-MW facility to be developed in the Visayas region under the country’s fourth Green Energy Auction Programme.
Russia and India plan new VVER-1200 nuclear plant, expand cooperation on small reactors
Russia and India are advancing plans for a new nuclear power plant featuring VVER-1200 reactor units, with technical specifications currently under preparation
China’s green capital powers Indonesia’s 100-GW solar ambition
Indonesia’s vision to build 100 GW of solar energy is gathering real momentum, fuelled by growing Chinese investment under the Belt and Road Initiative.
Brazil drives ahead with electric truck corridor
Brazil hosts shipping talks as global carbon fee hits resistance
Trump’s climate no-show sparks Gavin Newsom rebuke in Brazil
Fitch rates Brazil’s $1.5bn sustainable bond at ‘BB’
Kyrgyzstan’s energy minister under scrutiny for failing to explain why secrecy now surrounds water level at country’s main hydro reservoir
Kyrgyzstan’s Energy Minister Taalaibek Ibrayev is under scrutiny for failing to explain why secrecy has since May surrounded the water level at the reservoir of the country’s main power provider, the Toktogul hydroelectric complex.
COP30: China holds back on Brazil forest fund
China has decided not to provide funding at this stage to Brazil’s new rainforest protection mechanism, citing the principle that wealthier nations should take the lead in climate finance.
Enel Colombia completes $206mn Guayepo III solar park energisation ahead of commercial launch
Italian utility cements dominance in Colombian solar market with completion of 180MW facility
Uzbekistan inks deals with UAE companies Masdar and AMEX Power for 500 MW of energy storage capacity
Uzbekistan has inked agreements with UAE companies Masdar and AMEX Power for the development of 500 MW of energy storage capacity, according to the Ministry of Energy.
Russia’s Rosatom presents nuclear energy knowhow to Turkmenistan
Russia’s state nuclear corporation Rosatom has promoted its nuclear energy knowhow to Turkmenistan, according to reports in Turkmen state media.
EIB unveils €1bn financing package for Central American power grids
The European Investment Bank said on November 10 it would provide €1bn in financing to upgrade electricity infrastructure and expand renewable energy across Central America, as part of the EU's development strategy for the region.
CAF pledges $40bn for green growth in Latin America over five years
CAF, the development bank for Latin America and the Caribbean, said on November 8 it would commit $40bn over the next five years to support green growth across the region
INTERVIEW: Seonghoon Woo - Amogy CEO and a global leader in ammonia powered energy solutions
Ammonia is fast emerging as a key player in the global transition to cleaner energy systems, particularly across Asia where it offers a versatile and potentially carbon-free solution for storage, transport, and power generation.
ADB inks $331mn deal with ReNew for hybrid wind-solar storage project in India's Andhra Pradesh
Mumbai-listed Grasim to acquire 26% stakes in three renewable energy SPVs
Mumbai-listed diversified company Grasim Industries Limited has approved the acquisition of 26% equity stakes in three special purpose vehicles (SPVs) to secure renewable energy for its manufacturing units in Gujarat, Andhra Pradesh and Odisha
Travellers voice concern as Singapore unveils sustainable aviation fuel levy
Singapore’s newly announced Sustainable Aviation Fuel (SAF) levy, ranging from SGD1 ($0.77) to SGD41.60 per passenger starting October 2026, has sparked mixed reactions among frequent flyers
South Korea aims for major carbon cuts by 2035
Brazil leads global drive for green fuels
The “Belem 4x” pledge, proposed by Brazil in September, now counts 19 participating nations after 15 more joined during a leaders’ summit on November 6–7, ahead of the UN COP30 climate talks.
Brazil doubles climate spending, but forests miss out
EU sharpens climate goals at Brazil COP30
Spain's Iberdrola backs Brazil’s first green island project
Spain’s Iberdrola, through its Brazilian subsidiary Neoenergia, has launched the Noronha Verde project to expand clean energy use in Brazil, the company announced at the COP30 climate summit in Belém.
UN highlights climate migration threat before Brazil’s COP30 summit
Montenegro and UAE sign strategic energy partnership to boost renewables and innovation
The governments of Montenegro and the United Arab Emirates (UAE) have signed a landmark agreement establishing a strategic partnership in the fields of renewable energy, advanced technologies, and modern energy infrastructure.
Iran announces emergency restrictions in Tehran over air pollution
Tehran governorate imposes 24-hour emergency restrictions on mining and school sports across 10 districts due to severe air pollution, whilst keeping schools and offices open on November 11.
South Africa outlines investment path to achieve energy security and net zero by 2050 - SAESIR report
A consortium of public sector institutions has released a report titled South Africa’s Energy Sector Investment Requirements to Achieve Energy Security and Net-Zero by 2050 (the SAESIR report).
Saudi Arabia's FII9 conference secures investments and deals exceeding $50bn
Future Investment Initiative's ninth conference in Riyadh secures over $50bn in investment deals covering AI, technology and renewable energy, with 9,000 participants from 90 countries.
China's JA Solar to supply 1.2 GW of PV modules to Uzbekistan’s Samarkand solar projects
China's JA Solar, a provider of photovoltaic (PV) solutions, has signed a module supply agreement with Indian engineering and construction firm Larsen & Toubro (L&T) for the Samarkand 1 and 2 solar PV projects in Uzbekistan.
Polenergia posts lower EBITDA and net profit in Q3 2025
Warsaw-listed vertically integrated energy company Polenergia reported a consolidated EBITDA of PLN89.2mn (€19.1mn) in the third quarter of 2025, down from PLN150.3mn a year earlier.
Water shortages reported across Iran's capital as day zero approaches
Iran's water industry spokesman says any planned water restrictions for Tehran residents will be announced in advance. Policy is to manage pressure from midnight to morning, with 10% consumption reduction target through public cooperation.
Morocco advances plan for 5GW renewable build to supply industrial sector by 2030
Morocco is developing plans for about 5GW of new solar and wind capacity dedicated to industrial users as part of efforts to stabilise electricity costs, support manufacturing competitiveness and deepen its energy transition.
Japan joins global effort to boost sustainable fuels by COP30
Japan and partner nations will boost cleaner fuel use by 2035, aiming to quadruple current levels with biofuels and low-carbon hydrogen, enhancing emissions cuts and energy security.
Taiwan sets stronger climate commitments ahead of COP30
Taiwan’s Executive Yuan has endorsed a revised set of national climate targets on November 3, ahead of the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) in Brazil.
Malaysia unifies ASEAN’s climate stand ahead of COP30
Malaysia has consolidated ASEAN’s collective position on climate change ahead of the United Nations Climate Change Conference (COP30) in Brazil, establishing the region as a unified force in international climate negotiations
Indonesia aims for $970mn in high-quality carbon trade deals at COP30
Indonesia’s Minister of Environment Hanif Faisol Nurofiq has urged the country’s delegation to push for stronger emission reduction commitments and attract greater investment in domestic carbon trading
DHL invests $43mn in sustainable warehouse in Thailand
DHL Supply Chain(DPW.DE) inaugurated its first eco-friendly logistics hub in Thailand in October, entirely powered by on-site solar energy.
Indonesia positions itself as a global climate leader at COP30 in Brazil
Indonesia reaffirmed its standing as a global climate leader at the United Nations Climate Change Conference (COP30) in Belém, Brazil, unveiling a series of concrete actions, measurable targets, and national policies
India joins tropical forest finance facility as observer at Belem climate summit
India has joined the Tropical Forest Forever Facility (TFFF) as an observer at the Leaders’ Summit in Belém, Brazil, held ahead of the global climate conference beginning on November 10
Rapid renewable expansion strains India’s grid and raises power costs
India’s accelerated push towards renewable energy is testing the resilience of its power grid and driving up electricity supply costs as demand growth struggles to keep pace
Switzerland, UNDP partner to boost circular economy in Bosnia
Over 20 energy giants urge Vietnam to resolve $13bn clean energy dispute
Singapore’s SP Group and more than 20 international power companies from the Philippines, Thailand, Japan and other countries are pressing Hanoi for urgent talks this month after payment delays
Vietnam province unveils 7,780-MW clean power development plan
Dak Lak province, established through the merger of the former Dak Lak and Phu Yen provinces, is set to become a major hub for renewable energy development in the 2025–2030 period
Serbia’s EPS to modernise Vlasina hydropower plants in €110mn project
Serbia’s state-owned power utility, Elektroprivreda Srbije (EPS), announced on November 7 that it will launch a major modernisation of the Vlasina hydroelectric power plants, a project worth €110mn.
Togg’s T10F leads Turkey’s EV market in October
Turkey’s homegrown electric vehicle (EV) maker Togg saw its sedan model T10F take the lead in domestic EV sales in October.
Households in Uzbekistan earn $12.8mn from selling solar-generated electricity to grid in 9M25
Households in Uzbekistan have earned over $12.8mn from selling solar-generated electricity to the national grid since the start of 2025, according to the country's tax committee.
Mexican solar firm Solfium secures $10mn Series A financing led by Accion and ALIVE Ventures
Copenhagen Infrastructure Partners to invest $3bn in Philippines’ first offshore wind farm
Vietnam integrates renewable energy in farming
Vietnam is steadily moving towards its Net Zero goals by transforming its green growth strategy, promoting renewable energy, and fostering low-emission agricultural practices.
How Laos shows China’s green energy might
At first glance, the isolated hills of south-eastern Laos hardly appear to be a stage for geopolitical rivalry. Dak Cheung district, one of the most inaccessible parts of one of Asia’s poorest nations,
Petronas signs 20-year deal with Pembina pipeline to boost Canadian LNG exports
Petroliam Nasional Bhd (Petronas) has signed a 20-year agreement with Canada’s Pembina Pipeline Corp, expanding its natural gas export capacity from Canada through the Cedar LNG project, the Malaysian state-owned oil company said in a statement
Mitsubishi takes minority stake in Indian biogas player KIS Group’s Indonesia arm
Japan’s Mitsubishi Corporation(8058.T) has acquired a minority stake in India-based KIS Group’s Indonesia operations, marking its first move into the global biogas sector
Climate adaptation needed, say leaders
Brazil’s environment and climate change minister, Marina Silva, said mitigation and adaptation must receive equal attention in global efforts to tackle climate change.
Brazil urges balance in global climate efforts
Brazil’s Lula warns time running out as COP30 opens in Amazon
Germany backs Brazil rainforest fund push
Uzbekistan’s EV market charges ahead with 40,000 imports, China source of nearly all vehicles
UK pulls funding plug on Brazil’s Amazon plan
Brazil’s mining legacy challenges its COP30 climate ambitions
EU sets 2040 climate target ahead of COP30 in Brazil
Bogotá becomes first Latin American city to win clean air category Earthshot Prize with $1.3mn grant
IEA pledges major role in climate finance as COP30 opens in Brazil
The International Energy Agency is taking on an expanded role in accelerating clean energy investment as global leaders gather in the Amazonian city of Belém for the COP30 climate summit.
Brazil unveils $125bn tropical forest fund ahead of COP30 summit
Brazil will launch a new financing mechanism to reward countries for preserving tropical forests, seeking $125bn in public and private investment, the finance ministry said ahead of the COP30 climate summit in Belém.
Syria signs final agreements for 5GW power generation projects with Qatari Orbacon
Syria’s Ministry of Energy signed final agreements with a consortium led by Orbacon Holding to build and operate power generation plants with a combined capacity of 5,000 MW
Tehran dam reserves fall to 60-year low
Tehran dam reserves fall to lowest level in 60 years amid sixth consecutive drought year. Water authority calls for immediate 10% additional conservation as city receives no rainfall in first 45 days of water year.
UAE’s Masdar secures Uzbekistan storage project, enters Austria’s hydrogen market
Masdar, the UAE renewable energy developer, clinches deals in Uzbekistan and Austria, combining grid-scale storage and green-hydrogen investments to strengthen its presence across emerging and mature energy markets.
India’s Maharashtra looks into pumped storage project
NVIDIA linked cloud centre in Malaysia to be powered by solar
Malaysia’s YTL Group (6742 / YTLPOWR / 4677) has begun work on a 500-MW artificial intelligence cloud data centre for NVIDIA (NVDA) in Johor that will be powered entirely by solar energy.
Chinese wind firm sends breeze across Saudi Arabia, Central Asia
China’s Envision Energy has signed a seven-year framework agreement with Saudi Arabia’s ACWA Power (2082) to deepen cooperation on wind energy projects across Saudi Arabia, Uzbekistan, and other parts of Central and Eastern Asia.
South Korea’s SK hynix earns global low-carbon certification for memory chips
South Korea’s SK hynix (000660.KS) / (ADR) (HXSCL), a leading global memory chip maker and key supplier to major tech firms, says 11 of its memory products have been officially recognised for reducing carbon emissions.
TotalEnergies will add 25,000 bpd of oil within months in Brazil while eyeing battery storage and hydro
French energy major TotalEnergies is advancing offshore oil projects in Brazil that will add 25,000 barrels per day by early 2026, while exploring opportunities in battery storage and hydroelectric power in Brazil.
CtrlS and NTPC Green partner to develop 2 GW of renewable projects for datacentres in India
CtrlS Datacenters has signed a strategic Memorandum of Understanding (MoU) with NTPC Green Energy Limited(NTPCGREEN) to jointly develop up to 2 GW of renewable energy capacity to power CtrlS facilities across India
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