REM - Renewable Energy
Ankara, Riyadh ink investment pact at COP31 on provision of 3,000 MW of wind power capacity in Turkey
Wind power plants with a combined capacity of 3,000 megawatts are to be built in Turkey under a pact signed on November 10 by Turkish and Saudi officials at the COP31 global climate summit in Antalya, on the Turkish...
Morocco advances 350 MW solar expansion programme
Morocco is advancing its renewable energy expansion through new solar power procurement and electricity transmission investments
Mexico's rooftop solar boom adds 486MW in six months, taking distributed capacity past 5.6GW
Mexico's distributed generation segment, dominated by rooftop solar, reached 5,675.47 megawatts (MW) of accumulated installed capacity at the end of the first half of 2026, according to the National Energy Commission (CNE).
Turkey plans $80bn investment in power grid by 2040
Turkey plans to invest $80bn in its electricity distribution networks by 2040 to support renewable energy integration and reduce the country’s energy import bill.
Philippines' PetroGreen partners China's Ming Yang on offshore wind
PetroGreen Energy Corp., which serves as the clean-power unit of PetroEnergy Resources Corp., has inked a cooperation agreement with Ming Yang Smart Energy Group Ltd., to work together on offshore wind ventures in the Philippines.
Zakarpattia could raise power generation capacity to 1.4 GW within six months
Ukraine's western Zakarpattia region could increase its electricity generation capacity by 500–600 megawatts over the next six months, taking its total from nearly 800 MW to as much as 1,400 MW.
South Korea's solar drone sets week-long stratospheric flight record
South Korea's solar-powered EAV-4 drone stayed airborne in the stratosphere for 170 hours and five minutes, the second-longest such flight ever recorded.
Israel's Rapac Energy acquires Solar Sky LLC to secure foothold in Texas solar market
Rapac Energy’s US subsidiary signed a $4mn agreement on November 10 to acquire Solar Sky LLC, securing a 15-project Texas solar portfolio to accelerate its American expansion.
Ghana Infrastructure Investment Fund secures accreditation to seek Green Climate Fund financing directly
The Green Climate Fund has accredited the Ghana Infrastructure Investment Fund as a National Direct Access Entity, letting it seek climate finance directly for energy, transport and resilient infrastructure.
Nigerian president backs proposed lithium-processing plants in Nasarawa, Kaduna and Abuja
The locations cited this week overlap with areas named in earlier Nigerian government announcements on lithium processing.
Morocco advances $32bn green hydrogen investment plans
Morocco is advancing plans for $32.5bn in green hydrogen-related investments, while developers in Morocco and Egypt face mounting pressure to secure financing, long-term supply contracts, and commercially viable export routes to Europe
Azerbaijan signs deal to export green electricity to Europe
Azerbaijan signed a strategic partnership agreement with Turkey, Bulgaria and Georgia, creating a framework to export electricity from renewable sources to Turkish and European markets.
Hidroelectrica and EDF assess 1 GW pumped-storage project in Romania
Romanian state-owned power producer Hidroelectrica and French energy group Électricité de France (EDF) are preparing a pre-feasibility study for the Tarnița-Lăpuștești pumped-storage hydropower project, previously estimated to cost €1bn.
Malaysia's renewable energy approvals can take three years
Environmental impact assessments for renewable energy projects in Malaysia can take as long as three years to complete, a senior official at the Sustainable Energy Development Authority (Seda) said.
India, Pakistan lead emerging Asia renewables surge
Emerging markets in Asia-Pacific, not counting mainland China, drew more than $81bn of renewable energy investment in 2025, with India and Pakistan responsible for roughly two-thirds of the growth.
Hanwha Qcells solar modules rated top performers in US tests
Hanwha Qcells, the solar arm of South Korea's Hanwha Solutions (KRX: 009830), was named a Top Performer in every one of the eight categories in Kiwa PVEL's 2026 PV Module Reliability Scorecard.
Colombia Uribismo floats Ecopetrol stake sale to cut deficit
Colombia's Centro Democrático party has proposed selling about 8.49% of state-controlled oil company Ecopetrol (ECOPETL) to help plug the country's fiscal gap
Colombia's 144MW Escobales solar complex completes commissioning
The 144.1 MWdc Escobales solar complex near Ibagué in Colombia's Tolima department is now fully operational, tracker supplier GameChange Energy announced
Turkey buries COP31 in traffic hell
Billion-dollar climate summit hit by gridlock, administrative incompetence and overpriced catering. Event’s operational tempo severely compromised.
Kazakhstan’s sunflower husk pellet exports more than triple in annual terms in Jan-Sept
Ecuador's biggest solar plant goes live with $50mn private backing
Ecuador's largest solar park has started commercial operations in the coastal province of Santa Elena, the Ministry of Environment and Energy said.
Dominican Republic launches battery storage tender for renewables
The Dominican Republic's electricity regulator has approved terms for a tender to procure up to 200 MW and 800 MWh of new battery storage at solar and wind plants already in operation.
South Africa’s Omnia lifts half-year operating profit 26% to $69mn after shareholders back $1.3bn Solar buyout
Omnia Holdings, the chemicals, explosives and fertiliser group, reported a 26% rise in operating profit to $69mn for the six months to September 30, days after shareholders approved a $1.31bn) all-cash takeover by India’s Solar Industries.
Kazakhstan blessed with wealth of “high-quality wind” that could put an end to dirty coal, say researchers
Think tank Ember says rollout of wind-hybrid facilities across huge country could provide cheaper electricity than burning carbon.
Israel’s Afcon Renewable Energy to build power plant with Sonol Israel and Pentalight Energy
Israel’s Afcon Renewable Energy signed a memorandum of understanding with Sonol Israel and Pentalight Energy on November 9 to jointly develop a 900MW conventional power plant.
Google targets 1GW clean energy purchases in Malaysia
Google, a unit of Alphabet (NASDAQ: GOOGL), intends to raise its renewable electricity purchases in Malaysia to 1GW under the country's Corporate Renewable Energy Supply Scheme (Cress).
PetroGreen, Ming Yang partner on Philippine offshore wind farm
PetroGreen Energy Corporation (PGEC), controlled by the Yuchengco group through PetroEnergy Resources Corporation (PSE: PERC), has agreed to work with Chinese turbine maker Ming Yang Smart Energy Group on a planned 2GW offshore.
Hanwha Aerospace gets South Korea's first ship fuel cell approval
Hanwha Aerospace (KRX: 012450) is now the first company in South Korea to receive type approval from the Korean Register, the nation's ship classification society, for a hydrogen fuel cell built for use at sea.
GE Vernova to build 6 GW HVDC link in India
US energy equipment maker GE Vernova (NYSE: GEV) has been selected by PowerGrid Corporation of India Limited (PGCIL) for a 6 GW high-voltage direct current (HVDC) link.
India opens world's first bamboo ethanol plant in Assam
A facility in Numaligarh, Assam, has started converting bamboo into fuel-grade ethanol, giving India a new second-generation (2G) bioethanol plant.
Japan sees COP31 as chance to deepen energy cooperation with Turkey – envoy
Japan views Turkey's November 9-20 hosting of the COP31 climate summit as an important opportunity to deepen bilateral cooperation in energy security, renewable energy and energy efficiency, says Japanese envoy to Ankara.
Israel's Ari Real Estate Investments to launch Orot Yitzhak power plant
Ari Real Estate Investments sealed a major joint venture with Rapac Energy to develop the Orot Yitzhak power plant in Israel, a filing with the Israel Securities Exchange confirmed.
OGCI helps develop updated inventory of methane emissions in Kazakh oil and gas sector
The Oil and Gas Climate Initiative (OGCI) has helped develop an updated inventory of methane emissions in Kazakhstan’s oil and gas sector as part of its ongoing cooperation with the country to reduce such emissions.
Singapore sets 40% emissions cut rule for jet fuel
Singapore will only buy sustainable aviation fuel (SAF) that lowers emissions by at least 40%.
Vietnam's Kinh Bac starts 180-MW wind farm in Gia Lai
Construction of the 180-MW Van Canh 2 wind farm began on November 7 in Gia Lai province in central Vietnam.
China burns more coal than the rest of the world combined as its own use stalls
China burned 25,622 TWh of coal in 2025, 55.6% of the world total and more than every other country combined.
COP31 in Turkey: What to expect at the 2026 UN Climate Summit
The annual gathering faces rising pressure to accelerate climate action and deliver on implementation, as projections indicate the world will overshoot the 1.5°C (2.7°F) global warming threshold, raising questions about the Paris Agreement legacy.
Nine in 10 Turks oblivious their country is set to host world’s flagship climate summit COP, survey finds
Half unhappy Turkey plans to add more coal-fired power to energy mix in parallel with renewables rollout.
Turkey sets out $500bn energy plan to 2040 days before COP31, keeps coal in mix
Turkey needs $500bn to cut emissions by 40% and more than quadruple wind and solar by 2040, Energy Minister Alparslan Bayraktar said days before it hosts COP31, while saying it still needs coal.
Lebanon and Qatar negotiate 20-year LNG supply contract
Lebanon and Qatar are advancing negotiations on a comprehensive energy infrastructure overhaul, anchored by a 20-year LNG supply contract.
Côte d’Ivoire inaugurates $256mn Biovéa plant, West Africa’s largest biomass power station
Malawi introduces solar net-metering rules to allow households and businesses to supply power to grid
The Electricity Supply Corporation of Malawi (ESCOM) said an initial pilot had identified 34 eligible customers with the potential to supply 3.9 megawatts (MW) to the grid.
Liberia tightens carbon-credit oversight with new reporting and financial controls
Liberian President Joseph Boakai has issued Executive Order No. 170 strengthening oversight of the country's carbon-credit market, introducing tighter financial controls, reporting requirements and community safeguards
Singapore, Norway launch joint shipping decarbonisation grant call
Singapore and Norway have opened a joint research funding call worth more than $4mn to find ways of cutting emissions from international shipping.
AboitizPower unit buys 60% stake in Philippine solar project
Aboitiz Renewables, Inc. (ARI), a wholly owned subsidiary of AboitizPower (PSE: AP), plans to pay PHP750mn ($12.8mn) for a 60% stake in a company building a solar plant with battery storage in the southern Philippine province of Bukidnon.
South Korea's Honam chip cluster faces heat supply shortfall
South Korea's planned semiconductor cluster in the southwestern Honam region will get less than half the heat its factories need from the two gas-fired plants the government intends to build.
Topsoe licenses SAF technology to BPCL's Mumbai refinery
Topsoe will license its kerosene hydrotreating technology to Bharat Petroleum Corporation Limited (NSE: BPCL) so the Indian refiner can produce sustainable aviation fuel (SAF) at its Mumbai Refinery.
Bangladesh targets 5,000 MW of solar power before next summer
Bangladesh plans to bring 5,000 megawatts (MW) of solar generation online before next summer, the country's energy minister said.
Cuba water crisis affects 2.7mn as power shortages disrupt supply
Interruptions to piped water services affected 2.68mn people across Cuba, with electricity shortages accounting for two-thirds of the disruption, President Miguel Díaz-Canel said on November 4
Taiwan's HD Renewable Energy unveils TWD744mn share buyback
Taiwanese renewable energy group HD Renewable Energy (6873) will buy back up to 8mn of its own shares, its board decided on November 5.
Sonatrach signs methane reduction agreement with Germany's VNG and Norway's ICA Finance
Morocco strengthens circular economy ties with Italy
Brazil's COP30 presidency releases deforestation and fossil fuel plans
Brazil's COP30 presidency has published roadmaps to guide countries towards ending deforestation and moving away from fossil fuels.
Nigeria and UK seek investors for three hydropower projects as financing hurdles persist
The UK and Nigerian governments are seeking private investment in three small hydropower projects in Oyo, Kano and Plateau states under a UK-backed programme aimed at moving the schemes towards financing and expanding electricity access.
AFD Group signs $60mn Nigeria loans for clean energy, agriculture and creative firms
AFD Group, led by France's public development bank Agence Française de Développement (AFD), has signed two $30mn loan agreements in Nigeria to support businesses in renewable energy, agriculture and the creative industries
Solarcentury Africa secures $86.2mn debt facility for Zambia's Mailo expansion
Solarcentury Africa has secured an initial $86.2mn debt commitment from Standard Bank South Africa to refinance existing renewable energy projects and fund the third phase of Zambia's Mailo solar plant, under a facility that could expand to $370mn.
Kazakhstan’s solar project pipeline reaches 900 MW
Kazakhstan reportedly has a pipeline of large-scale solar projects with a combined capacity of 900 MW.
Poland's Tauron signs €144.4mn turbine deal with Siemens Energy for Łagisza plant
Polish power group Tauron Polska Energia said on November 4 it had signed a €144.4mn contract with a consortium of Siemens group companies that would help facilitate the transformation of its heating production segment towards lower-emission units.
Indonesia's Pertamina Geothermal eyes direct power for data centres
PT Pertamina Geothermal Energy (IDX: PGEO) is exploring a move into supplying geothermal electricity directly to data centres.
India's state oil firms seek 150mn litres of biodiesel
India's three biggest state-run fuel retailers, Indian Oil Corporation (NSE: IOC), Bharat Petroleum Corporation (NSE: BPCL) and Hindustan Petroleum Corporation (NSE: HINDPETRO), have opened bidding for 150mn litres of biodiesel.
Sumitomo takes stake in UK battery storage projects
Sumitomo Corp (TYO: 8053) has taken a 25% stake in five battery energy storage projects in the UK, as Japanese trading houses push into a sector gaining importance amid worries over oil and gas supplies.
India approves $1.54bn funding for grid-scale energy storage
India’s Union Cabinet has approved INR145bn ($1.54bn) in viability gap funding (VGF) for grid-scale energy storage projects during 2026-27 to 2030-31
India's Grasim and Suzlon partner on recyclable wind blades
According to a statement from India's Grasim Industries, the company will team up with Suzlon Energy (NSE: SUZLON, BSE: 532667) to pilot wind turbines equipped with recyclable blades.
Essar to invest in India renewables project
Essar Power is set to invest roughly INR45bn ($480mn) in a renewable energy facility of 300 MW in Andhra Pradesh, in southern India.
Taiwan to launch own carbon border tax and trading scheme
Overseas markets are tightening their climate requirements on Taiwanese exporters, and the island has already introduced a carbon fee system.
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