REM - Renewable Energy
Cuba restores grid after eighth national blackout in a year
Cuba's National Electroenergy System was reconnected in the early hours of July 8, restoring power nationwide after the eighth total blackout the island has suffered in the past year
South Africa’s Nersa clears Red Rocket and Engie solar projects with combined 890MW capacity
South Africa’s energy regulator has approved generation licences for four solar PV projects developed by Red Rocket and Engie under REIPPPP Bid Window 7.3, with a combined contracted capacity of 890 MW.
Chilean court upholds environmental approval for 33.6MW Quilicura solar plant
Chile's Second Environmental Tribunal has upheld the environmental approval granted to the Hugo Lorenzo photovoltaic plant, developed by Inmobiliaria Cañadilla in the Santiago Metropolitan Region commune of Quilicura.
Opdenergy locks in $227mn to back multi-technology renewables push in Chile
Spanish independent power producer Opdenergy has closed $227mn in financing for its portfolio of operating renewable assets in Chile, spanning solar, wind and battery storage, with SMBC, BNP Paribas and Spain's ICO acting as lenders.
Grene Capital expands solar capacity at Nigeria’s Jabi Lake Mall to 1.5 MWp
Grene Capital has completed a 900 kWp solar expansion at Jabi Lake Mall in Abuja, increasing installed capacity to 1.5 MWp and helping reduce diesel use, emissions and exposure to grid volatility.
Statkraft backs new Brazil wind project
Norway's Statkraft has approved an investment in the 280-megawatt Gran Sul onshore wind project in southern Brazil, expanding its renewable energy portfolio in one of the company's main international markets.
Nigeria's Dangote pledges $2bn for Gambia solar plant and fuel storage project
Nigerian entrepreneur Aliko Dangote has pledged a $2bn strategic investment partnership with The Gambia covering a proposed 250 MW solar power plant and petroleum products storage terminal.
Opdenergy secures $227mn financing for Chilean renewables portfolio
Spanish renewable energy group Opdenergy has closed $227mn (€199mn) in financing for its operating renewable asset portfolio in Chile, backed by SMBC, BNP Paribas and Spain's ICO as lenders, the company said.
Mini-grid rollout begins in Adamawa under Nigeria's DARES programme
Nigeria has begun deploying 39 interconnected mini-grid projects with a combined capacity of nearly 27MW in Adamawa State under its Distributed Access through Renewable Energy Scale-up (DARES) programme
Côte d’Ivoire opens 52MWp Ferke solar farm, targets 1,300MW by 2035
Côte d’Ivoire has commissioned the 52 MWp Ferke solar farm in the country’s north, marking its second utility-scale solar plant as the government accelerates plans to expand renewable energy and increase installed solar capacity to over 1,300 MW
Nigeria's REA begins work on 42 renewable energy projects
The Rural Electrification Agency (REA), in collaboration with the federal and state governments, has begun construction of 42 renewable energy projects in Adamawa and Kebbi states aimed at expanding electricity access in underserved communities
Laos advances renewable energy with new solar power project
Laos has approved another solar energy investment, with authorities in Champasak signing a concession agreement for a new 5-megawatt (MW) solar power project as the country accelerates its renewable energy expansion.
BHEL, thyssenkrupp sign pact to boost green hydrogen electrolyser manufacturing in India
Bharat Heavy Electricals Limited (NSE: BHEL) has entered into a strategic collaboration agreement with thyssenkrupp nucera India Private Limited to jointly develop and manufacture alkaline electrolyser systems for green hydrogen projects in India.
India prepares for 300 GW peak power demand in 2027
India is preparing for peak electricity demand of around 300 gigawatts (GW) next year as rapid growth in artificial intelligence (AI), data centres and electric vehicles (EVs) drives power consumption higher.
Colombia approves first geothermal exploration project to diversify power mix
Colombia has granted its first geothermal exploration permit, authorising a five-year programme at the El Barranquero site between the municipalities of Samaná, Caldas, and Nariño, Antioquia, as the government seeks to diversify
Colombia grid faces tightest power supply in decades as El Niño risk builds
Colombia's electricity system is entering its most challenging dry season since the power crisis of the early 1990s, with record demand, shrinking hydropower reserves and delayed infrastructure projects
Vestas completes turbine installation at 420MW South Africa wind cluster
Vestas Wind Systems has completed turbine installation across Anthem’s 420MW Northern Cluster wind project in South Africa’s Karoo region, installing 96 V163 turbines across the Ishwati Emoyeni, Umsinde and Khangela wind farms.
Argentina awards $700mn in battery storage projects to boost electricity grid
Argentina has awarded 20 battery energy storage projects with a combined capacity of 700.5 megawatts (MW), representing an estimated investment of $700mn, as the government seeks to reinforce the national electricity system.
Tanzania allocates $9.52mn to geothermal drilling as it advances renewable energy plans
Tanzania has allocated $9.52mn to the state-owned Tanzania Geothermal Development Company (TGDC) in the 2026/27 financial year to accelerate geothermal exploration, with funding earmarked for drilling and resource confirmation.
China's massive battery capacity buildout – Statista
China’s lead in renewable energy is matched by its dominance in battery storage, Statista reports.
Sri Lanka commissions first industrial-scale battery storage system integrated with solar power
Sri Lanka has commissioned its first industrial-scale battery energy storage system (BESS) integrated with solar power, marking a milestone in the country's efforts to increase renewable energy use in the industrial sector.
ADB approves $160mn loan to expand Bhutan's solar power capacity
The Asian Development Bank (ADB) has approved a $160mn loan to help Bhutan expand its solar power capacity, supporting the development of at least 310 megawatts (MW) of new generation.
Bangladesh issues onshore wind power guidelines
Bangladesh has introduced comprehensive guidelines for the development of onshore wind power projects, establishing a regulatory framework aimed at attracting private investment.
Poland’s PGE reaches new milestone at 262MW Żarnowiec battery storage facility with transformer delivery
Poland's major power group PGE said that a power transformer had arrived at the construction site of its Battery Energy Storage System in Żarnowiec, bringing the facility closer to connection with the national electricity grid.
Ukraine expands wind power despite wartime challenges
Ukraine commissioned 70 wind turbines with a combined installed capacity of 414.8 megawatts (MW) during the first half of the year, underscoring the resilience of the country's renewable energy sector despite repeated attacks.
WeLight plans $650mn expansion across Africa
WeLight, Africa's largest operator of solar mini-grids, plans to invest $650mn to expand its operations and increase the number of people it serves tenfold by 2030
Taiwan prepares emergency system for prolonged heatwave
Taiwan is set to experience a warmer than normal winter this year due to strong El Niño effects, with extreme heat likely to stretch into the spring and summer of 2027, the Central Weather Administration (CWA) reported.
Vietnamese province backs $216mn solar power expansion plan
Lam Đong Province has approved two solar energy projects worth a combined more than $216mn, strengthening its renewable energy ambitions with an additional 280MW of generating capacity.
Thailand speeds up energy overhaul to strengthen green economy
Thailand is accelerating reforms to its energy sector, aiming to reduce reliance on fossil fuels, expand renewable energy and improve its competitiveness in attracting global investment
Thai households allowed to sell surplus rooftop solar electricity
Thai homeowners with rooftop solar panels can now sell surplus electricity back to the national grid after authorities opened applications for the programme.
Myanmar leader ends first ASEAN visit with Laos hydropower deal
Myanmar President Min Aung Hlaing has concluded his first official visit to an ASEAN member state since taking office, ending a three-day trip to Laos with agreements covering tourism, cultural ties and a proposed Mekong hydropower project.
Six firms express interest in Serbia’s Đerdap 3 hydropower project
A total of six US companies have expressed interest in taking part in the construction of Serbia's planned Iron Gate III reversible hydropower plant (RHPP) on the Danube river, on the border with Romania.
Cuba activates first 50MW battery storage facility to support fragile power grid
Cuba has commissioned its first 50 MW battery energy storage system at the Cotorro substation in Havana, marking the initial phase of a broader programme to improve electricity grid stability and facilitate the integration of solar generation
World Bank’s IFC backs Oman polysilicon producer as $1.6bn funding closes
United Solar announced on July 6 that has completed a $1.6 bn capital raise for its landmark polysilicon manufacturing project in Oman after reaching financial close on a $50 mn equity investment by the International Finance Corporation (IFC).
Israel's Nofar Energy signs 15-year PPA with Cellcom Energy
Israel’s Nofar Energy has signed a 15-year power purchase agreement with Cellcom Energy to supply electricity from 100 MW/500 MWh of newly built energy storage facilities in Israel.
Nigeria deploys 23 solar mini-grids to strengthen food security
Nigeria's Rural Electrification Agency (REA) says 23 newly deployed solar-powered mini-grids are helping improve food security by providing reliable electricity to underserved rural communities and agricultural clusters
NTPC Renewable signs PPA with PTC India for 1,200-MW solar power supply
NTPC Renewable Energy Limited (NREL), a wholly owned subsidiary of NTPC Green Energy Limited (NSE: NGEL), has signed a Power Purchase Agreement (PPA) with PTC India Limited (NSE: PTC) for the supply of 1,200MW of solar power.
Tata Power Renewable commissions 100-MW wind project in India's Maharashtra
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has commissioned its 100.8-MW Jewali wind project in Maharashtra’s Dharashiv district.
Typhoon Bavi threatens northern Philippine coastlines
A temporary pause in seasonal rain patterns is occurring as a tropical storm, known globally as Bavi, approaches the Philippines, according to the national weather bureau.
B2Gold injects $14mn into Philippine gold venture
Canada-based B2Gold Corp plans to invest $14mn in its Philippine operations to expand a solar power facility and fund geological exploration at the Masbate Gold Project, the Presidential Communications Office (PCO) announced.
Samsung expands renewable energy with Vietnam rooftop solar project
Samsung Electronics has launched a nearly 28-megawatt rooftop solar power system at its Samsung Electronics HCMC CE Complex in Ho Chi Minh City's High-Tech Park, marking a step forward in its renewable energy ambitions in Vietnam.
Thailand attracts $4.1bn in EV investments
Thailand has secured more than $4.1bn in investment commitments for its electric vehicle industry, reinforcing its position as Southeast Asia's leading automotive manufacturing centre.
Istanbul-listed Aksa Enerji secures $124mn 12-year loan for wind project via BBVA and Sinosure
The EDB's next frontier: Uzbekistan and the future of Central Asian integration
Only a year after becoming the Eurasian Development Bank's seventh shareholder, Uzbekistan has quickly become one of the institution's strategic priorities.
EU allocates €2.5bn for clean energy projects with majority to eastern member states
The European Union will channel €2.5bn into cleaner energy systems across the bloc including several Central and Southeast European member states, funding dozens of projects aimed at cutting emissions and modernising...
Africa GreenCo, SafiriPower plan 50MW solar project in DR Congo
Africa GreenCo Group has signed a joint development agreement with independent power producer SafiriPower to develop a 50MW solar power project in the DRC, aimed at supplying electricity to mining and industrial users.
Nigeria joins International Energy Agency as association country
Nigeria has joined the International Energy Agency (IEA) as an association country, strengthening cooperation on energy policy and marking a significant step in global energy governance
Record ocean temperatures push climate into uncharted waters
The world's oceans reached their highest average June surface temperatures on record this year, underscoring growing concern among scientists that the planet is entering a new phase of climate instability in which extreme weather events become normal
Adani Green becomes India's first renewable firm to cross 20-GW operational capacity
Adani Green Energy Limited (AGEL) (NSE: ADANIGREEN) has crossed 20 GW of operational renewable energy capacity, becoming the first renewable energy company in India to reach the milestone primarily through greenfield projects.
MIGA backs 100MW Tunisia solar project with €13.05mn guarantee
The Multilateral Investment Guarantee Agency (MIGA) has approved a guarantee of up to €13.05mn to support the construction of a 100MW solar power project in Tunisia's Sidi Bouzid region
Cambodia's clean energy share reaches 63% nationwide
Cambodia now generates more than 63% of its electricity from clean energy, marking a major shift from its near-total dependence on oil three decades ago
Ukraine expands biomethane exports to EU as renewable gas industry gains momentum
Ukraine exported 3.1mn cubic metres of biomethane to the EU in the first quarter of the year, as the country's fledgling renewable gas industry continued to build on its first full year of commercial exports.
Turkey to launch 'climate bridge' at COP31 to unlock green investment
Turkey plans to launch a climate finance initiative at COP31 to turn green strategies into bankable projects, Finance Minister Mehmet Simsek says. Find out how Ankara aims to unlock investment as climate shocks hit its economy.
Oman’s ONEIC takes 26% stake in 500MW Solar IPP consortium
The Oman National Engineering & Investment Co SAOG (ONEIC) has acquired a 26% stake in a multinational project company awarded the mandate to develop a 500-MW solar Independent Power Project (IPP) in Oman, the company announced on July 2.
Côte d'Ivoire, Algeria deepen energy ties with power and grid infrastructure deal
Côte d'Ivoire and Algeria have signed an energy cooperation agreement covering 100MW of mobile power generation, grid upgrades, a proposed 1,500MW power plant and renewable energy development.
John Cockerill wins Mauritania solar-storage contract to hybridise 10 diesel power plants for utility SOMELEC
The Belgian industrial engineering and energy tech group has secured a contract to hybridise 10 diesel-fired power plants in Mauritania with solar and battery storage, supporting the country's renewable energy and decarbonisation goals.
Mauritius-based Intratrek, Chinese group CHiNT secure Eswatini solar project worth $180mn
Zimbabwean businessman Wicknell Chivayo's Intratrek Holdings (Intratrek) has partnered with CHiNT Electric (CHiNT) to develop a 300-megawatt (MW) solar power plant in Eswatinin, according to statements from the parties.
Cambodia faces major clean energy skills shortage by 2040
Cambodia could face a severe shortage of skilled workers in its clean energy sector by 2040 unless investment in workforce development accelerates.
Korea South-East Power seeks clarity on hydropower investment plans in Pakistan
South Korea’s state-owned power producer, Korea South-East Power Company (KOEN), has sought greater policy clarity on two proposed hydropower projects in Pakistan’s Swat region.
SK, KKR launch South Korea's largest green utility
SK Inc. (034730.KS) signed an investment agreement with US private equity firm KKR to set up South Korea's largest integrated renewable energy firm, tentatively named HoldCo, by the end of 2026.
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