REM - Renewable Energy
Leaders of big polluters skip UN climate summit as “gates to hell” flung open
The leaders of the US and China – the world’s two largest polluters – have skipped the UN Climate Ambition Summit in New York.
REM: Leaders of big polluters skip UN climate summit as “gates to hell” flung open
Ørsted says US offshore wind targets still achievable
Ørsted CEO Mads Nipper told a Climate Week NYC event in New York: "We’ve seen dark clouds gather," Nipper said, noting that interest rates have increased from 0% to 4%.
The climate solutions industry is growing fast, but it's too little and too late
Significant transformations can occur within one year, but the trillion-dollar climate solutions industry is still inadequate.
Billions of dollars not enough to decarbonise global steel industry, says Bloomberg Green
The task of decarbonising the steel industry is a formidable and expensive endeavour, with the potential to revolutionise one of the world's largest industrial sectors.
Climate change made Libyan deluge up to 50 times more likely, say weather researchers
An “interplay” of climate change exacerbated heavy rainfall during the first two weeks of September 2023 in several countries across the Mediterranean, caused by low-pressure systems forming around a blocking high centred over the Netherlands.
Antarctic ice is melting fast
The sea ice surrounding Antarctic is at a staggeringly low level, say scientists.
Vattenfall awarded major wind power project off Germany
Swedish utility Vattenfall has obtained the right to develop the N-6.6 offshore wind power project off the German North Sea coast.
Germany may exceed 50% for renewable energy this year, says minister
Germany is likely to generate more than half of its power from renewable energy in 2023, said Economy Minister Robert Habeck.
Ørsted, Terra Solar to co-develop 400 MW of solar in Ireland
Danish renewables developer Ørsted will co-develop a portfolio of Irish solar projects in a partnership with renewable energy company Terra Solar, headquartered in Dublin.
Planet’s health is in danger zone
Six of nine key planetary ‘health boundaries’ have been crossed, said researchers in a new report.
Moroccan government eyes partner to develop gas, green hydrogen complex
Moroccan Energy Transition Minister Leila Benali said the government is currently planning to issue a tender to select a private partner to develop its gas network, infrastructure, utilities and green hydrogen facilities.
Oman unveils plans for hydrogen pipeline network
Oman has unveiled plans for a 2,000-km nationwide hydrogen pipeline network.
Number of EV charging stations in Turkey tops 4,200
ASX-listed Lindian Resources intensifies development of Kangankunde rare earths project in Malawi
China's CNGR partners with African fund Al Mada to set up $2bn EV batteries plant in Morocco
Indonesian geothermal energy company prepares for Initial Public Offering
PT Barito Renewables Energy Tbk (BREN), a company under the leadership of Prajogo Pangestu from Indonesia, is gearing up for its initial public offering (IPO).
North Macedonia to keep part of electricity produced by Cebren HPP for internal market
Bosnia’s Green AMED US to build 4MW photovoltaic plant
Northland unveils $5.2bn financing for Polish offshore wind farm
Northland Power has inked a credit arrangement has been inked for the under-construction Baltic Power wind farm off Poland, securing $5.2 billion in non-recourse green financing.
Chinese investor Tsingshan on target to commission $1.5bn Zimbabwe steelworks by December
Leo Lithium shares suspended ahead of news on impact of Mali’s new mining code on flagship project
Kazakhstan's 'oven of a summer' places animal husbandry at risk
New solar capacities in Hungary reach record levels in 2023
Ukraine mulls 1-GW Chernobyl wind plant
Officials from the Ukrainian government, Ukraine’s transmission system operator Ukrenergo and Notus Energy Group of Germany have signed a declaration that they intend to build up to 1 GW of wind on the abandoned Chernobyl site.
Korean vessel more than just an offshore turbine installation tool
Istanbul-listed Yapi Kredi sells $500mn of 5-year green eurobonds at 9.25% coupon
Last week, government-run Vakifbank sold $750mn of sustainable eurobonds due 2028 at a 9% coupon rate.
Japan’s Takahama nuclear power plant restarts Unit 2 after 12-year hiatus
Unit 2 of the Takahama nuclear power plant in Japan's Fukui Prefecture has been successfully restarted after a shutdown of over 12 years.
Chile's Ciudad Luz, Korkia team up to build 500 MW of new renewable generating capacity
Chile’s Ciudad Luz has announced plans to with Finland’s Korkia to buid new renewable-energy facilities with a combined generating capacity of 500 MW.
Privately operated geothermal plant in Taiwan hits power production milestone
The operators of Taiwan's first privately-run megawatt-level geothermal power facility have said that the facility has now generated over 38mn kWh of electricity since its inauguration in November 2021.
Indonesian firm, PT Krakatau Daya Listrik (KDL), pioneers solar panel development for renewable energy
Economy minister lauds Paraguay as only Latin American nation with clean-energy surplus
Erdogan asks Musk for Tesla gigafactory during meeting in New York
Also offers entrepreneur cooperation in artificial intelligence and Starlink satellite internet services.
EBRD extends €25mn loan to boost green investments in Serbian SMEs
California sues Big Oil over damages, alleged climate change deception
The state of California has sued five of the world’s biggest oil companies, alleging that their action caused billions of dollars in damage and that they misled the public by downplaying the risks posed by fossil fuels.
Turkey experiences driest August on record in past three decades
China’s AVIC to participate in construction of Bosnia’s Bileca HPP
Serious water deficit plaguing Central Asia ‘irreversible’ and will only get worse, warns Mirziyoyev
Istanbul-listed Vakifbank obtains €100mn loan from French Development Agency for residential energy efficiency projects
Flood deaths in Libyan city may be as high as 11,300
Libya’s death toll is climbing, with the Libyan Red Crescent aid group on Friday putting the carnage at 11,300 in the coastal city of Derna alone.
Lee to make landfall in Nova Scotia
Hurricane Lee was expected to make landfall late afternoon or early evening local time on Saturday in the west end of Nova Scotia, said authorities.
Indonesia set to host Southeast Asia's largest EV battery plant
Indonesian President Joko "Jokowi" Widodo said on September 14 that a ground-breaking electric vehicle battery facility, a JV between Korean giants Hyundai and LG in West Java, is poised to become the largest of its kind in Southeast Asia.
Indonesia ponders battery recycling to meet EV battery demand
The Indonesian government is currently considering allowing the recycling of old batteries to be processed into electric vehicle batteries.
India's KEC International secures new orders worth INR10.12bn
KEC International Limited, a leading player in India's infrastructure sector, has made waves in the industry by securing an impressive array of new orders, collectively valued at INR 10.12bn ($121.7mn).
Asian Development Bank and GreenYellow to bring solar power to Vietnam
The Asian Development Bank (ADB) has joined forces with GreenYellow Smart Solutions Company Limited, a France-based firm, to embark on a transformative initiative in Vietnam.
Leo Lithium secures $137.2mn investment from China's Ganfeng to boost Mali mining project
Malawi-focused rare earths explorer Mkango Resources unit invests in magnet recycling in US
India launches Global Biofuel Alliance at G20 gathering
Indian Prime Minister Narendra Modi launched the Global Biofuel Alliance (GBA) in New Delhi on 9 September during the G20 Summit with the support of the US, Brazil, Italy, Singapore, Bangladesh, Argentina, Mauritius and the UAE.
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