REM - Renewable Energy
US officials avid in commitment to Central Asia critical minerals at Astana meeting
United States officials spoke in ambitious and avid terms as they reaffirmed Washington’s commitment to investing in the development of Central Asian critical mineral resources at a June 10 meeting.
Ukraine adds 703 MW of wind power during war as renewable energy investment continues
Ukraine has commissioned 703 megawatts (MW) of new wind power capacity since the start of the war, underscoring the resilience of the country's renewable energy sector despite persistent security risks.
Colombia EV sales surge as Tesla, BYD gain ground in market shift
Electric vehicle registrations in Colombia jumped 252% from a year earlier to 5,001 units in May, accounting for 17.8% of all new vehicle registrations, according to data released by industry groups Fenalco and Andi
GEF supports Uzbekistan renewable energy investment facility set to unlock major private capital
Global environmental policymakers have approved $77.6mn in new financing for climate and biodiversity projects, including support for a renewable energy investment facility in Uzbekistan expected to unlock at least $1bn in private capital.
Acciona Energía doubles Chile battery storage footprint with new 1GWh Atacama Desert project
Spanish renewable energy company Acciona Energía is doubling its planned energy storage capacity in Chile after announcing a second 1GWh battery energy storage system (BESS).
Grenergy inaugurates Americas' largest battery plant in Chile
Spanish independent power producer Grenergy has inaugurated Elena, a 3.5GWh battery energy storage facility in Chile's Antofagasta region, which the company describes as the largest battery plant in the Americas.
Egypt studies solar power shift for water pumping stations to cut fuel costs
The Egyptian government is currently evaluating plans to expand solar energy use across its water pumping stations to accelerate its green transition and curb rising fuel import bills
Argentina's Genneia180-MW San Rafael solar park reaches full commercial operation
Argentina's San Rafael solar park in Mendoza province has reached full commercial operation with 180 megawatts (MW) of installed capacity, completing a renewable energy project developed by Genneia with an investment of $180mn.
India launches guidelines for small hydro power scheme
The Ministry of New and Renewable Energy (MNRE) has launched the operational guidelines for the Small Hydro Power (SHP) Development Scheme for FY2026-27 to FY2030-31, aiming to add around 1,500 MW of new small hydro capacity.
COP31 co-hosts Turkey, Australia to push ‘35% by 2035’ target in electrification of energy use
Turkey and Australia, the hosts of this year’s United Nations climate conference, COP31, on June 9 said that they will push for the world’s governments to back a call for all countries combined to electrify 35% of global energy use by 2035.
France’s Orano, Mongolia mark construction start on uranium development project
French state-controlled nuclear fuel cycle company Orano and subsidiary Badrakh Energy, along with Mongolian partners, attended a ceremony marking the start of the construction phase of a joint uranium project in Mongolia.
Mexico awards 37 renewable energy projects totalling 7.4 GW, surpassing tender target by 14%
Latin America renewables reach 66% of power mix in January
Latin America and the Caribbean drew 66% of its electricity from renewable sources in January 2026, with a surge in hydroelectric generation offsetting sharp monthly declines in solar, wind and geothermal output, OLACDE said.
Bolivia signs off on €34mn KfW-backed 40 MW solar plant near La Paz
Bolivia's President Rodrigo Paz has signed into law the financing agreement for the construction of the Contorno Bajo I solar plant in Viacha.
Engie Chile raises $136mn in oversubscribed green bond issue
Engie Chile has completed a second local green bond placement, raising the equivalent of $136mn to refinance and fund renewable energy projects and battery storage systems, in a transaction that attracted nearly three times the amount on offer.
Zambia signs agreement for 16MW solar project in boost to renewable energy drive
Zambia has signed an implementation agreement for the 16-megawatt (MW) Northrise Solar Photovoltaic (PV) Power Project, another step in the country's efforts to expand electricity generation capacity and attract private investment into the sector.
Egypt seals $420mn wind power deal with UAE's Alcazar Energy
Egypt signed investment, operation, and power purchase agreements with UAE-based sustainable infrastructure fund Alcazar Energy for the 580MW Gabal El Zeit wind power in the Red Sea region.
Revego, H1 mull merger that would create one of South Africa’s largest renewables-focused funds
South Africa's Revego Fund Managers is exploring a merger with H1 Holdings that would create one of the country's largest renewable energy investment platforms, with assets exceeding $807mn across 36 projects.
Liberia secures $57mn World Bank funding to expand solar power, battery storage
The funding forms part of a broader $125mn package approved by the World Bank to support renewable energy, infrastructure development and digital transformation projects across Liberia.
Kazakhstan channels 6bn cubic metres of water to Caspian Sea amid declining water levels
Kazakhstan reportedly directed 6.16bn cubic metres (bcm) of water into the Caspian Sea during the first months of 2026 as authorities intensified efforts to address falling water levels in the world's largest inland body of water.
Romania’s largest solar park comes online
The 169 MW Iepurești photovoltaic park in Giurgiu County, fully owned by Israeli developer Nofar Energy, has entered the operational phase and is moving towards commercial operation, the company announced.
EBRD lends €175mn to PPC for renewables in southeast Europe
The EBRD will provide a €175mn loan to Greece’s Public Power Corporation (PPC) to support wind and solar projects in Bulgaria, Greece and Romania.
India’s data centre ecosystem expands beyond Mumbai
In the recent past India’s data centre industry has begun to look beyond Mumbai into cities like Hyderabad, Chennai, Delhi NCR, Pune and Bengaluru.
India's Hygenco secures $105mn from IFC-led consortium to accelerate green hydrogen expansion
Indian green hydrogen developer Hygenco Green Energies has secured a $105mn equity commitment from a consortium led by the International Finance Corporation (IFC), Siemens Financial Services and Fullerton Carbon Action Fund.
Brazil wraps up first green platform scrap
Brazil completed its first large-scale offshore platform dismantling project this week after Ecovix finished decommissioning Petrobras’ former P-32 unit at the Rio Grande Shipyard in southern Brazil.
Rockefeller targets 4mn Colombians without power with solar and battery push
The Rockefeller Foundation is channelling solar panels and battery storage towards the roughly 4mn Colombians still without electricity — most of them in the Amazon and the Llanos
Oil bonanza hands Colombia a fiscal lifeline worth a tax reform — without the politics
A surge in global crude prices, driven by the escalating conflict in the Middle East, is delivering Colombia an unexpected revenue windfall that analysts say could be worth as much as a full tax reform
Colombia's Amazon ballot — green legacy or oil revival at stake on June 21
Colombia's presidential run-off on 21 June pits two sharply contrasting visions against each other — one centred on environmental stewardship, the other on resource extraction — with profound consequences for the Amazon rainforest
The world's record heatwaves - Statista
According to NASA, there is “unequivocal evidence that Earth is warming at an unprecedented rate”, Statista reports.
Atlantic 'cold blob' points to weakening ocean current nearing tipping point, study finds
The cooling of the North Atlantic "cold blob" is being driven by a weakening AMOC current system that may be nearing a tipping point, a new study using observational data has found.
Lesotho signs $6.2bn hydropower and AI project with aim of becoming power exporter
The agreement Lesotho signed with US-based Convalt Energy to develop a 1,200MW hydropower project and an AI data centre is valued at almost three times Lesotho's GDP.
Inox Clean Energy to acquire Vena Energy India platform in major renewables expansion
Inox Clean Energy, part of the INOXGFL Group, has signed a definitive agreement through its subsidiary Inox Neo to acquire 100% of the equity interests in Vena Energy India Holdings from Singapore-based Vena Group.
UAE pledges deeper energy cooperation with Bangladesh
The United Arab Emirates (UAE) has reaffirmed its commitment to supporting Bangladesh’s energy sector, offering broad cooperation across fuel supplies, infrastructure development and emerging clean energy technologies.
Kazakhstan restricts sales of duty-free imported electric vehicles to Russian residents
Kazakhstan has imposed restrictions on the transfer of certain imported electric vehicles (EVs) to Russian citizens and residents, according to a report citing the State Revenue Department of Mangystau Region.
Russian construction of Uzbekistan's first nuclear plant launched as leaders meet at St Petersburg International Economic Forum
In speech, Mirziyoyev tells delegates business is "shifting into the realm of technology, algorithms, logistics and infrastructure".
Egypt to connect 500MW Obelisk solar phase two to national grid within weeks, says minister
The second phase of the Obelisk solar project in Egypt’s Nag Hammadi, with a capacity of 500MW, will be connected to the Egyptian national grid within the coming weeks
Estonia’s Sunly and Rolls-Royce strike Baltics’ largest private battery storage deal
After Baltic region's synchronisation with the European electricity network and disconnection from the Russian grid, demand for balancing and frequency-control services has increased sharply.
Lesotho signs $6.2bn 1,200MW hydropower and AI data centre deal with Convalt Energy
Lesotho has signed a binding agreement with US-based Convalt Energy to explore a 98bn loti ($6.2bn) 1,200MW hydropower and AI data centre development, potentially the largest investment commitment in the country's history.
Israel's Prime Energy signs €150mn deal to acquire Spanish solar and storage developer
Israeli renewable energy company Prime Energy has signed a non-binding memorandum of understanding to acquire a 62.5% controlling stake in a Spanish solar and storage developer.
India’s TCIL seeks partners for major Ghana solar rollout across public facilities
India’s state-owned Telecommunications Consultants India Limited (TCIL) has launched a search for consortium partners and backend contractors to support deployment of more than 31 MW of solar power systems across public institutions in Ghana.
Kazakhstan’s aluminium, iron and steel exporters face greatest CBAM exposure, report finds
Kazakhstan’s aluminium, iron and steel industries are likely to face the strongest impact from the European Union’s Carbon Border Adjustment Mechanism (CBAM), a new assessment says.
Levanta funds 166 MW Philippine solar project
Singapore-based green energy developer Levanta Renewables reached financial close and greenlit its 166 MWp Barotac solar and battery energy storage system (BESS) project in Iloilo, Philippines.
GE Vernova to supply 100-MW wind turbines for a project in India's Gujarat
GE Vernova (NYSE: GEV) has secured an order from Powerica Limited to supply wind turbines for a 100-MW wind power project in Gujarat, marking the first deployment of the company's 3.8 MW-154m onshore wind turbine platform in the Indian market.
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