REM - Renewable Energy
Poland's Orlen wins 900 MW Baltic offshore wind auction
Polish energy and petrochemicals group Orlen announced on December 18 that its Baltic East project has secured a contract in the latest auction for offshore wind farms, marking a key step in the nation’s transition toward renewable energy.
Solarcentury's Gerus solar plant in Namibia starts operating commercially
Solarcentury Africa has announced that its 19.3 MW solar photovoltaic plant in Namibia has commenced commercial operation and selling electricity into the Southern African Power Pool (SAPP).
Colombia clears CIP’s 425-MW offer in first offshore wind tender
Colombia has moved a step closer to launching offshore wind power after the National Hydrocarbons Agency said a 425-megawatt bid from Copenhagen Infrastructure Partners met all eligibility requirements
UAE–Japanese consortium, IFC back $700mn solar facility in Egypt
Amea Power secures $700mn financing for 1GW Egypt solar-battery project
Amea Power has agreed a $700mn financing package with the IFC and partners to build a 1,000MW solar plant and 600MWh battery storage system in Egypt’s Aswan governorate, with the project due to reach commercial operations by June 2026.
Vietnam to host new rare earth metal refinery by Korean firm
LS Eco Energy (KRX), a renewable energy and rare earth materials subsidiary of South Korea’s LS Cable and System, has approved plans to scale up its rare earth metal business in Vietnam as part of its long-term growth strategy.
EBRD extends green finance support in North Macedonia with €8mn loan to Sparkasse Bank
Uzbekistan dismisses senior energy official Alisher Sultanov
Uzbekistan has dismissed veteran energy official Alisher Sultanov from his post as presidential representative for energy security, according to the president's press secretary, Sherzod Asadov.
Kosovo's ERO approves renewable energy rules and clarifies electricity market guidelines
Brazil lands 828MW wind deal
Brazil’s Casa dos Ventos has ordered 828 megawatts of wind turbines from Vestas for a new onshore project in Brazil’s Piauí state, marking a renewed wave of large-scale investment in the country’s wind sector.
Mexico announces $12bn public-private energy investment package emphasising renewables, grid expansion
EU backtracking on its Green Deal
The European Commission is preparing to scale back one of its most ambitious climate pledges as it seeks to relieve pressure on its lacklustre economy.
Kenya secures $100mn AfDB credit line for green projects via KCB
The African Development Bank Group has agreed a $100mn line of credit with KCB Bank to expand climate-smart and green financing in Kenya, strengthening sustainable investment and trade-finance capacity across the private sector.
ENGIE to start building 240MW solar farm in South Africa in late 2026
ENGIE (EPA:ENGI) plans to start constructing a 240-MW solar photovoltaic plant in central South Africa in the December 2026 quarter.
India-based renewables company KPI Green Energy's shares jump on news of Botswana MoU
KPI's promoter signed a non-binding MoU with Botswana to explore renewable power, storage and transmission projects, a potential step toward international expansion.
Econet InfraCo plans 300-hectare industrial park near Zimbabwe capital's airport
Econet InfraCo, the infrastructure arm being spun out of Econet Wireless Zimbabwe, plans to develop a 300-hectare industrial park near the Harare airport, anchored by a 100MW solar power plant and a large-scale data centre.
Japan offshore wind projects reach financial milestone
Leading energy groups spearheaded by JERA, Mitsui, and Sumitomo have now finalised their mandatory guarantee payments for offshore wind developments secured during the second national tender.
Russia’s evolving “no limits” defence and nuclear partnership with India
Russia and India have instituted what amounts to a "no limits” partnership, a phrasing previously reserved for Moscow's relationship with Beijing.
India emerges as semiconductor design hub, deepening tech ties with Singapore
India is moving beyond its traditional role as a backend assembler and is increasingly positioning itself as a design and innovation centre in the global semiconductor industry, according to a senior figure at the Singapore Manufacturing Federation
Philippines gains ground as hub for sustainable finance in Asia-Pacific
The Philippines is emerging as an increasingly important market for sustainable finance in the Asia-Pacific region, supported by a growing pipeline of renewable energy projects and rising power demand from data-driven industries.
India set to drive global coal demand growth to 2030 despite cleaner power push
India is expected to contribute the largest absolute increase in coal consumption globally through the end of the decade, even as overall demand for the fuel plateaus and begins to ease worldwide
Vena Energy lines up global lenders for landmark Philippine solar project
Vena Energy has reached a financing milestone for its 300 MW-peak Opus solar project in the Philippines, underscoring the growing appetite among international lenders for large-scale renewable energy investments in south-east Asia.
Laos opens first 400 kW EV fast-charging hub in Savannakhet
Laos has taken a major step towards expanding its electric transport infrastructure with the opening of a high-capacity electric vehicle (EV) charging station at the Seno Rest Area in Savannakhet province
First Vietnamese-made 132/33 kV transformer goes live in Australia
Vietnam has recorded a significant export milestone after a 70 MVA, 132/33 kV power transformer, designed and manufactured by Dong Anh Electrical Equipment Corporation (EEMC), was successfully energised and brought into operation in Australia
UAE’s Amea Power commissions Tunisia’s largest solar plant
Dubai-headquartered renewable energy developer Amea Power has commissioned a 120 MW solar power plant in Tunisia, marking the largest solar project ever brought online in the country and a key milestone in its energy transition
EV fleet set to cross 350,000-vehicle threshold in Turkey
The swift expansion of Turkey’s electric vehicle (EV) fleet continued this year. There were 348,908 EVs officially registered nationwide as of the end of November.
North Macedonia’s ESM to borrow €97mn for solar plant and hydropower upgrades
North Macedonia’s state power producer, ESM, will borrow a total of €97mn to fund the construction of the Bitola 3 photovoltaic plant and to complete the revitalization of the Vrutok and Tikvesh hydroelectric plants.
Montenegro’s environment agency approves 67 MW solar power project in Nikšić
Montenegro’s Environmental Protection Agency (EPA) has approved an environmental impact assessment for the construction of a 67 MW solar power plant by TM Invest in Bogetići, Nikšić.
Egypt approves $4.3mn South Korean grant for green energy infrastructure in Suez Canal
The Egyptian cabinet approved a draft presidential decree endorsing a grant agreement with South Korea to establish green energy infrastructure in the Suez Canal area, with funding of about $4.3mn
ACWA Power, AfDB target $5bn Africa energy and water projects by 2030
ACWA and the AfDB have signed a cooperation framework to accelerate financing of up to $5bn in sustainable energy and water projects across Africa between 2025 and 2030, targeting renewables, green hydrogen and desalination projects.
Uruguay to launch first green hydrogen project for freight transport with IFC backing
The International Finance Corporation will provide $20mn in green financing for Uruguay's first green hydrogen project aimed at decarbonising freight transport.
Kazakhstan launches construction of solar power plant in southern Turkistan Region
Kazakhstan has launched the construction of a major solar power facility in Orungay village, Sauran district of Kazakhstan’s southern Turkistan Region.
TotalEnergies signs long-term renewable power deal to support Google’s data centres in Malaysia
France’s TotalEnergies has entered a 21-year electricity supply agreement with Alphabet’s Google to provide renewable power for the tech giant’s data centre operations in Malaysia
India targets 5mn tonnes of green hydrogen demand by 2030
India’s green hydrogen demand is projected to reach 5mn tonnes a year by 2030 as the government rolls out incentives to build domestic manufacturing capacity
World Bank urges decentralised renewables to strengthen South Asia’s energy security
A move towards more decentralised renewable energy production would significantly improve South Asia’s energy security, enhance the reliability of electricity supply and reduce air pollution, according to the World Bank
EBRD lends €200mn to Egypt to strengthen power grid and green energy shift
The European Bank for Reconstruction and Development (EBRD) has approved €200mn in financing for the Egyptian Electricity Transmission Company (EETC) to support Egypt’s transition toward renewable energy and enhance stability of its power grid.
Uzbekistan's passenger car imports fall 20% y/y in Jan–Nov
Imports of passenger cars into Uzbekistan fell by 20.1% y/y in January-November to around $1.02bn in value, according to UzDaily, which cited data from the state customs committee.
EU to install 300 kilowatts solar grids for 10 Nigerian clinics and SMEs
The European Union has announced plans to install solar microgrids totalling more than 300 kilowatts to supply electricity to at least 10 primary health centres in Nigeria’s Gombe State.
Expanding EV adoption in Turkey triggers surge in energy demand at charging stations
As Turkey’s electric vehicle (EV) market accelerated sharply in 2025, energy demand from charging stations surged to record levels.
South Africa's government picks four bidders to build solar power facilities to produce 890 MW
South Africa has announced four new preferred bidders to invest about $955mn in four solar photovoltaic (PV) projects to generate a cumulative 890 MW.
Kosovo launches first 100 MW wind energy auction
Kosovo’s Ministry of Economy said on December 16 that it launched the Request for Proposals (RFP) for the country’s first wind energy auction, seeking to secure up to 100 MW of new wind generation capacity under a 15-year support scheme.
Bosnian Serb government cancels Trusina wind farm tender amid arbitration risk
The government of Bosnia’s Serb-dominated Republika Srpska has cancelled a tender for the construction of the Trusina wind farm.
Ukraine plans new biomethane plants as producers eye cautious expansion
Several new biomethane plants in Ukraine are expected to be commissioned in 2026, adding a combined annual production capacity of about 20mn cubic metres, as producers weigh export opportunities against regulatory and pricing challenges in the EU.
Battery storage moves centre stage as solar dominates Malaysia’s energy transition
Solar energy now accounts for 92% of Malaysia’s total installed renewable energy capacity, making electricity storage a critical pillar of the country’s energy transition
India signs ADB financing to back growth critical projects
A $650mn facility supports rooftop solar adoption under India’s flagship household solar programme, aiming to reach 10mn homes by 2027
India’s hydrogen demand seen nearly doubling to 12 mtpa by 2030
ndia’s hydrogen demand is projected to almost double to around 12mn tonnes per annum (mtpa) by 2030, driven largely by fertilisers, refining and petrochemicals
Pakistan pushes power sector privatisation to curb losses and fix grid
Pakistan’s prime minister has directed authorities to accelerate the privatisation of state-owned power companies and fast-track upgrades to electricity infrastructure
Battery storage tariffs in India plunge nearly 80%
Battery energy storage system (BESS) tariffs discovered through competitive bidding have fallen by nearly 80% over the past two years, Minister of State for Power Shripad Yesso Naik told the Indian Parliament on December 15
India's nuclear energy bill seeks single law to replace 1962, 2010 acts, open path for capacity expansion
The Indian government on December 15 introduced the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025, proposing to repeal the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010
Korea launches rare metals cooperation centre in Mongolia
Korea has launched a rare metals cooperation centre in Mongolia.
Saudi ACWA Power completes $693mn acquisition of Bahrain, Kuwait power, water assets
Saudi utility powerhouse ACWA Power has finalised the $693mn acquisition of power generation and water desalination assets in Bahrain and Kuwait from a subsidiary of French energy giant ENGIE SA.
EEU council grants 2026 tariff exemption on EV imports shipped to Kyrgyzstan, Armenia and Belarus
A 2026 tariff exemption on the import of electric vehicles (EVs) into Kyrgyzstan, Armenia and Belarus has been granted by a Moscow meeting of the Intergovernmental Council of the Eurasian Economic Union (EEU).
South African energy trader Etana agrees 20-year offtake for Acciona Energía wind farms
South African energy trader Etana Energy has signed a 20-year corporate offtake to buy all output from two new wind farms developed by Acciona Energía (BME:ANE), supplying major corporate customers
Mauritius opens 2MW hybrid rooftop solar tender with optional battery storage
Mauritius’s Central Electricity Board has launched a tender for 2MW of aggregated rooftop solar capacity, with an optional battery storage component, as the island seeks to cut fuel imports and strengthen grid resilience.
Egypt launches $220mn solar industrial complex in SCzone
Ukraine pushes bioethanol output towards 1mn tonnes as EU export hopes grow
Ukraine is moving ahead with plans to raise its annual bioethanol production capacity to 1mn tonnes, positioning the fuel as both a domestic energy source and a growing export commodity for the EU.
Sun King raises $40mn equity round to expand solar kit rollout across sub-Saharan Africa
Sun King has closed a $40mn equity funding round to accelerate the deployment of off-grid solar kits across sub-Saharan Africa, with the capital aimed at scaling distribution and customer financing.
EDF starts producing electricity from 140-MW San Kraal Wind Farm in South Africa
San Kraal, which is part of the larger 420MW Koruson 1 Cluster, is the first of three 140MW wind farms to reach commercial operation date.
PTC India and NLC form renewable energy joint venture in India
A joint venture between PTC India Limited and NLC India Renewables Limited has been formed to jointly develop green energy projects of up to 2,000 MW across India
Taiwan opens first commercial-scale hydrogen refuelling sites
Linde LienHwa, Taiwan’s largest industrial gas supplier, has begun operations at two hydrogen refuelling stations, marking a further step in the island’s push to develop a domestic hydrogen ecosystem.
Spanish developer seeks funding for $46.8mn wind project in Costa Rica
A Spanish-backed developer is seeking development-bank financing for a $46.8mn wind project in Costa Rica
Colombia unveils draft low-emissions hydrogen strategy with 2050 production targets
Colombia has published a draft of its National Low-Emissions Hydrogen Policy, outlining long-term production targets and actions to develop an industrial chain around the fuel as part of its decarbonisation agenda
Oslo-listed Scatec's Mmadinare Solar Cluster in Botswana starts generating 60MW more power
The Mmadinare Solar Cluster is Scatec’s first project portfolio in the southern African nation, where the first phase has been operational since March.
ADF approves $22.9mn grant to rehabilitate Malawi hydropower plants
The African Development Fund funds will help rehabilitate Malawi’s Kapichira and Nkula B hydropower plants, aiming to restore capacity, reduce load shedding, cut costly diesel generation, and strengthen links to the Southern African Power Pool.
Zambia launches construction of 35MW solar, 300kV power transmission projects
Zambia has launched $130mn worth of solar and transmission projects to address a severe power shortage caused by weak hydropower output, as it boosts reliance on Southern African Power Pool imports while accelerating grid, generation diversification.
Tanzania’s Amsons Group to develop 1,300 MW energy projects in Zambia
Tanzania’s Amsons Group has signed a partnership with Zambia’s Exergy Africa to develop 1,000 MW of solar power and 300 MW of coal generation in a $900mn programme aimed at expanding the country’s electricity supply.
Kazakhstan launches first fully integrated green hydrogen production station
Kazakhstan has launched its first fully integrated green hydrogen production station.
Kosovo’s largest solar project enters key tender phase
Kosovo’s landmark 100 MW Solar4Kosovo I photovoltaic project has moved into the first phase of its international tendering process, power producer KEK announced.
Singapore’s Sembcorp strikes $6.5bn deal for Alinta, plans major renewable energy push in Australia
Singapore’s Sembcorp strikes $6.5bn deal for Alinta, plans major renewable energy push in Australia
India launches pilot project to test hydrogen-powered mobility
India’s Union Minister for New & Renewable Energy (MNRE), Pralhad Joshi, has launched a national pilot project to test the use of hydrogen in the mobility sector
Sri Lanka clears two 50-MW wind projects in Mannar
Sri Lanka has approved the development of two 50MW wind power plants in Mullikulum, Mannar, advancing the government’s plan to source 70% of the country’s electricity from renewables by 2030
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