REM - Renewable Energy
Wildfires ravage Southern Europe – Statista
Southern Europe’s wildfire season used to typically run from July to September, but now data shows that it is getting longer and more intense.
Vietnam's PVEP begins $350mn offshore gas project
The launch of a new offshore gas project is expected to strengthen domestic energy supplies for southwestern Vietnam from late 2027.
Vietnam seeks green finance to strengthen climate transition
Green finance is emerging as a crucial driver of Vietnam’s shift towards a low-carbon economy, helping businesses fund cleaner technologies and meet rising global sustainability standards.
Sanctions on Russia backfire, leaving Spain's firefighting helicopters grounded as wildfires rage
EU sanctions on Russia have backfired, leaving Spain's best Russian-built Kamov Ka-32 firefighting helicopters grounded as severe wildfires burn across southern Europe, reported Berliner Zeitung.
US funds engineering study for $4.5bn Morocco ammonia project
The US Trade and Development Agency will fund an engineering study for a planned $4.5bn ammonia project near Laayoune in Western Sahara, targeting annual production of up to 560,000 tonnes.
Oman launches advisory tender for up to 3 GW of solar IPPs
Oman launched on July 29 a tender for financial and commercial advisory services to support the development of up to 3 gigawatts (GW) of utility-scale solar independent power projects (IPPs).
Chile eyes up to 58GW of new solar capacity by 2057 in long-term energy roadmap
Chile could add between 27GW and 58GW of new solar photovoltaic capacity over the next 30 years, according to the Ministry of Energy's preliminary Long-Term Energy Planning report (PELP) 2028-2032, alongside 16GW to 27GW of new onshore wind capacity.
Iran links three units at Chamshir hydropower plant to national grid
Iran has connected two 5.5-megawatt units and one 55-megawatt unit at the Chamshir Dam hydropower plant in the southwest to the national grid, the head of the Iran Water and Power Resources Development Co. (IWPCO) said.
Malawi commissions $20mn battery storage system to strengthen power grid
Malawi has commissioned a $20mn battery energy storage system (BESS) that is expected to improve electricity reliability by storing surplus solar power and stabilising the national grid, the Malawi Nation reported on July 29.
EnerSynk secures key approvals for 500MW Zambia solar project
Hungary-based climate infrastructure developer EnerSynk Group has secured regulatory and legal approvals for the contractual framework of a proposed 500MW solar power project in Zambia.
Kazakhstan forecasts electricity surplus by end-2027
Kazakhstan expects to fully satisfy domestic electricity demand from the beginning of 2027 and generate a surplus of approximately 1.3bn kilowatt-hours (kWh) by the end of 2027.
Nigeria secures $150mn IsDB loan for 100MW solar project
Nigeria's Niger State has secured a $150mn loan from the Islamic Development Bank (IsDB) for a 100MW solar power project aimed at expanding electricity access, supporting industry and strengthening energy infrastructure
Taiwan cuts gas imports over diplomatic office closure
Taiwan has suspended spot market purchases of liquefied natural gas from Papua New Guinea, the Ministry of Foreign Affairs reported on July 29. The decision follows a sudden move by the Pacific nation to close Taiwan's representative office.
Philippines MGI signs geothermal drilling contract with ThermaPrime
Maibarara Geothermal Inc. awarded an exploratory drilling contract to ThermaPrime Drilling Corp., the company disclosed to the Philippine Stock Exchange.
Indonesian container terminal operator advance green port transformation with Chinese electric equipment procurement
Indonesia’s largest container terminal operator PT Jakarta International Container Terminal (JICT) has accelerated its transition to green energy
South Korea funds $19.8bn Texas plant for AI
South Korea will build a $19.8bn gas-fired power plant in Encinal, Texas, as part of a bilateral trade pact to lower US import tariffs, energy sector sources reported on July 29.
India’s PM Surya Ghar rooftop solar scheme benefits over 4.8mn households since launch
India's PM Surya Ghar: Muft Bijli Yojana has benefited more than 4.8mn households since its launch in February 2024, with nearly 4mn rooftop solar (RTS) systems installed across the country.
Tata Power Q1 profit rises 11% on renewable growth, higher revenue
Tata Power (NSE: TATAPOWER) reported an 11% year-on-year increase in consolidated net profit for the first quarter ended June 30, 2026.
Colombia tightens grid resilience ahead of strong El Niño
Colombia has adopted new measures to strengthen the resilience and reliability of its national electricity grid as authorities prepare for the potential impact of a strong El Niño weather event, the Ministry of Mines and Energy said
Laos eyes EV charging network at state fuel stations
Laos is considering converting state-owned fuel stations into fast-charging hubs for electric vehicles (EVs) to expand its charging infrastructure and reduce dependence on imported fuel.
Vietnam sets 2026 gas power price cap at $0.12/kWh
Vietnam has set the maximum electricity generation price for natural gas-fired power plants at VND3,410.64 ($0.12) per kilowatt-hour (kWh) for 2026
IDB approves $204mn to link Bolivia's northern Amazon grid with Brazil
The Inter-American Development Bank (IDB) has approved a $204.2mn financing package to strengthen electricity infrastructure in Bolivia's northern Amazon region.
Hydropower boom saves Turkey $5bn in energy imports, says industry group
Turkey’s hydropower sector has posted its strongest performance on record this year, significantly reducing the country’s reliance on imported energy sources.
Electrifying Asia – where EVs are reshaping power demand and fuel use
The winners are likely to be countries capable of building integrated ecosystems spanning renewable generation, batteries, charging networks and EV manufacturing.
Nigeria targets 3.7GW solar panel manufacturing capacity by 2027
Nigeria’s Rural Electrification Agency plans to establish 3.7GW of domestic solar photovoltaic panel manufacturing capacity by the end of 2027 as the country seeks to reduce equipment imports and expand electricity access.
Envusa closes financing on 63-MW solar project for Kumba Iron Ore’s South Africa mine
Envusa Energy has reached financial close on a 72.5-MWp solar plant that will supply up to 63 MW to Kumba Iron Ore’s Sishen mine in South Africa.
India’s Navitas Solar wins $20mn EPC contract for Zambia project
India’s Navitas Solar has secured a $20mn EPC contract to build a 54-MW solar project in Serenje, Zambia, marking its first utility-scale EPC project in Africa.
Malawi commissions first standalone utility-scale battery storage system
Malawi has commissioned its first standalone utility-scale battery energy storage system, a 20-MW/40-MWh facility in Lilongwe designed to stabilise the grid, support renewable power and reduce outages.
NOA to supply wheeled renewable power to South Africa’s Idwala
South African energy company NOA has signed an agreement to supply wheeled renewable electricity to industrial minerals producer Idwala Industrial Holdings
Nigeria allows larger solar users to export surplus power under net-billing rules
Nigeria has introduced a net-billing framework allowing eligible electricity customers with solar systems to export surplus power into their distribution company’s network and receive credits against future electricity bills.
CGN debuts hydrogen ready power plant in South Korea
China General Nuclear Power Corp started commercial operations at its 557MW Daesan Phase II gas-fired power plant in South Korea.
Adani wins $890mn Andhra Pradesh transmission project for green hydrogen hub
Adani Energy Solutions Ltd (NSE: ADANIENSOL) has secured an INR85bn ($890mn) interstate power transmission project in Andhra Pradesh that will supply electricity to upcoming green hydrogen and green ammonia projects.
Bangladesh’s damaged FSRU expected to restart within two weeks
Bangladesh expects its damaged Floating Storage and Regasification Unit (FSRU) to return to service within 10-15 days, offering relief from a nationwide gas shortage triggered by the suspension of liquefied natural gas (LNG) imports.
Japan’s Sharp takes full ownership of Vietnam solar business
Japan’s Sharp Energy Solutions has taken full control of its Vietnamese solar engineering business, strengthening its position in one of Southeast Asia’s fastest-growing renewable energy markets.
Myanmar restores hydropower plant after Typhoon Yagi damage
Myanmar has completed repairs to the Upper Paunglaung Hydropower Plant following damage worth more than MMK20bn ($9.5mn) caused by Typhoon Yagi, restoring the facility to full operations.
Thailand lowers vehicle production forecast as Chinese EVs pressure industry
Thailand has cut its 2026 vehicle production target after growing competition from Chinese electric vehicle (EV) manufacturers weakened both exports and domestic demand for locally produced cars.
Brazil and Peru step up Amazon border protection
Uzbekistan replaces energy minister after Mirziyoyev orders sector shake-up
Uzbekistan has fired Energy Minister Jurabek Mirzamahmudov after a presidential review of the country's fuel and energy sector exposed management shortcomings, mounting infrastructure failures and inefficiencies in electricity and gas distribution.
Europe's summer heat has broken the Bell curve, as record El Niño builds
This summer’s extreme temperatures have broken the normal “Bell curve” distribution of temperature variations and pushed it sharply to the right into record breaking highs. This is not normal – literally.
IEA sees global electricity demand growth accelerating through 2027
Global electricity demand is set to grow faster in 2026 than its recent average and to accelerate again in 2027, the International Energy Agency (IEA) said in its report, published last week.
EBRD backs new wind investment as renewable projects gather pace in Ukraine
The European Bank for Reconstruction and Development (EBRD) will provide up to €70mn in financing to Elementum Energy to support the construction of new wind farms in Ukraine.
Africa steps up grid expansion and renewable energy investment
Africa’s power sector saw steady progress last week as governments and utilities focused on expanding transmission networks, accelerating renewable energy investment and strengthening regional electricity links.
EcoSolar finishes first Capiz Philippine battery project
EcoSolar Energy Corporation finished mechanical construction on its 20 MW/40 MWh Panitan Energy Storage Project in Capiz.
Thailand weighs $711mn EV scheme to replace ageing vehicles
Thailand is planning a $711mn programme to replace 80,000 ageing vehicles with electric models as part of efforts to revive its automotive sector and accelerate the shift towards cleaner transport.
Petrovietnam secures $277mn loan for Mekong power plant
State-owned Petrovietnam has secured a VND7.3 trillion ($277mn) loan from two of Vietnam’s largest banks to advance construction of the O Mon IV thermal power plant in the Mekong Delta.
NABARD, MAHAPREIT partner to expand green infrastructure in rural India
NABARD has signed a memorandum of understanding with Maharashtra-based MAHAPREIT to accelerate the development of renewable energy and climate-resilient infrastructure in rural India.
ENGIE secures financing for 250-MW Khaba solar project in India’s Rajasthan
ENGIE (EPA: ENGI) has reached financial close for its 250-MW Khaba solar project in Barmer, Rajasthan, through its wholly owned subsidiary, Khaba Renewable Energy, enabling the project to move into the construction phase.
Iran adds 668 MW of generating capacity in a week as summer shortages bite
Iran added 668 MW of generating capacity in a week, including 70 MW of solar and a 160 MW combined-cycle unit at Asaluyeh, as Energy Minister Abbas Aliabadi pointed to weekly additions amid summer power shortages.
Australia's Worley scores pre-FEED for Dutch CCS project
Worley will refine the development concept, establish its technical basis, prepare cost estimates and reduce execution risks before the project moves into FEED.
Dutch gas platform produces first green hydrogen from electrolyser
The PosHYdon pilot has produced its first green hydrogen on an operational gas platform in the Dutch North Sea, demonstrating how offshore wind, hydrogen production and existing natural gas infrastructure can be integrated.
Istanbul-listed Mercan obtains €2mn 15-year loan from ProCredit for 5-MW solar project in Romania
Mercan Kimya aims to reach 40-MW solar capacity in Romania within three years.
IDB approves $204.2mn package to boost Bolivia's Amazon energy security
The Inter-American Development Bank (IDB) has approved a $204.2mn (€179.5mn) financing package to support energy infrastructure in Bolivia's Northern Amazon Region, including new power interconnections with Brazil, the lender said on July 23.
Nigeria plans renewable energy companies to rival power distributors
Nigeria’s Rural Electrification Agency plans to develop renewable energy service companies operating interconnected solar mini-grids that could compete with conventional electricity distributors over the next 10 to 15 years.
Nigeria’s small-scale solar market set to lead sub-Saharan Africa through 2035
Nigeria is expected to remain sub-Saharan Africa’s fastest-growing market for small-scale solar systems through 2035, although limited investment in utility-scale projects is restricting the technology’s contribution to the grid.
South African iron ore group Kumba signs solar power deal with Anglo-EDF joint venture
Kumba Iron Ore has signed an agreement with Envusa Energy for a 72.5 MWp solar plant supplying 63 MW of electricity to its Sishen mine in South Africa from late 2027.
Azerbaijan. China deepen green energy cooperation as senior officials meet Beijing delegation
Azerbaijan's economy minister Mikayil Jabbarov and energy minister Parviz Shahbazov held separate meetings this week with Yang Tianfu, president of PowerChina Resources Limited.
Marco Polo Marine books Taiwan wind ship contract
PKR Offshore signed a framework agreement with Siemens Gamesa Renewable Energy (SGRE) to charter two commissioning service operation vessels, the company announced. The ships will support offshore wind projects in Taiwan.
India adds record 6 GW of wind capacity in FY26 as generation rises to 106bn units
India added a record 6,057 MW of wind power capacity during FY2025-26, driving annual wind electricity generation to 106 billion units (BU), according to data presented in Parliament by the Ministry of New and Renewable Energy (MNRE).
Croatia's Končar D&ST lifts first-half revenue 12% as transformer backlog tops €1bn
Croatian power equipment maker Končar reported a 28% increase in net profit in the first half of 2026, supported by strong global demand linked to the energy transition.
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