REM - Renewable Energy
Tajikistan signs $1bn deal for solar panels installation offering 2,000 MW in capacity
Tajikistan has signed a $1bn solar energy agreement with a Dushanbe-based company, Rooftop LLC, for the installation of solar panels with a combined capacity of 2,000 megawatts across company facilities and other energy consumers.
Redefine targets wheeling deals in South Africa after approaching full rooftop solar capacity
Redefine Properties Ltd (JSE:RDF) says it is nearing the limit of rooftop solar deployment across its South African property portfolio and is now exploring electricity wheeling, battery storage and solar carports.
BP to divest shares in major UK CCS projects
BP announced on May 7 it planned to sell stakes in two major UK carbon capture and storage projects, as oil majors continue to trim spending and bring in partners for capital-intensive low-carbon developments.
Return of large grazers to curb steppe fires and restore ecosystems in Kazakhstan
Reintroduction of saiga antelopes had broader implications for the overall health of the steppe ecosystem.
Energy Vault, South African utility Eskom partner on gravity-based LDES projects
Energy Vault Holdings Inc (NYSE:NRGV) and Eskom Holdings SOC Limited have signed a strategic agreement to deploy gravity-based long-duration energy storage systems in South Africa and beyond.
British university sets up "world-first" battery electrolyser system at Malawian hospital
Iran courts FX-backed investors for 140GW power build-out amid renewables push
Iran received applications from investors holding overseas foreign-currency reserves to build more than 140GW of power generation capacity, Energy Minister Abbas Aliabadi said.
IFC and EDF sign $40mn deal to expand solar power projects across Africa
The World Bank’s IFC and French utility EDF have signed a $40mn financing agreement to expand distributed solar projects across Africa, targeting commercial and industrial users seeking alternatives to unreliable grids and expensive diesel power.
Indonesia navigates fiscal reform for renewables
Indonesia is currently navigating a complex fiscal and environmental landscape as it seeks to balance its industrial ambitions with global sustainability standards
BP, Azerbaijan pilot "green electron" transfers from recaptured Karabakh in 30-year partnership expansion
Trump backing of Chinese EVs threatens Hyundai
South Korea leading automotive player Hyundai Motor Group is facing a serious threat to its US market share after President Donald Trump repeatedly called for Chinese investment.
Colombia's Ecopetrol chief charged over alleged breaches in Petro campaign spending
Colombian prosecutors charged Ecopetrol president Ricardo Roa on May 12 over alleged irregularities in the financing reports of President Gustavo Petro’s 2022 election campaign
Adani Green commissions 150-MW solar project in India’s Gujarat
Adani Green Energy Limited (NSE: ADANIGREEN) has commissioned a 150-MW solar power project at Khavda in Gujarat through its wholly owned step-down subsidiary, Adani Green Energy Twenty Five C Limited.
Chinese firm Dongjin to invest $15mn in battery plant in Pakistan
Dongjin Group plans to establish a dry battery manufacturing facility in Pakistan’s Allama Iqbal Industrial City, targeting rising demand linked to electric vehicles and solar energy systems.
India clears Tarapur Unit 2 for 10 more years after major refurbishment
India’s nuclear regulator has approved the restart and continued operation of Unit 2 at the Tarapur Atomic Power Station (TAPS) after the successful completion of an extensive refurbishment and safety upgrade programme.
Bangladesh completes fuel loading at Rooppur nuclear plant's first unit
Bangladesh’s first nuclear power plant has moved a step closer to electricity generation after fuel loading was completed at the first unit of the Rooppur Nuclear Power Plant.
Thailand targets electric vehicle expansion in transport sector
Thailand’s Transport Ministry is seeking billions of baht in government funding to help public transport and freight operators replace ageing fuel-powered vehicles with electric alternatives
Mounting debt pressures Vietnam’s renewable energy sector growth
Vietnam’s renewable energy sector is coming under increasing financial pressure as rising debt costs and weaker earnings weigh heavily on solar and wind power companies.
Green lending becomes priority for Cambodian banks
Cambodia’s banking sector is rapidly embracing green finance as institutions seek to attract investment, manage environmental risks and align with global sustainability standards.
Grenergy secures $268mn financing for Chile hybrid solar-storage project
Spanish renewable energy group Grenergy has secured $268mn in senior non-recourse financing for a major hybrid solar and battery project in Chile, reinforcing the country’s position as one of Latin America’s fastest-growing energy storage markets
Kenya land dispute delays tea-sector hydropower investment in Bomet
Kenya’s Senate Majority Leader Aaron Cheruiyot has called on Bomet Governor Hillary Barchok and Senator Hillary Sigei to resolve their political differences and unlock stalled land negotiations holding back the Kipsonoi hydropower project
EBRD increases investment in Kazakhstan graphite project
The European Bank for Reconstruction and Development (EBRD) is expanding its support for Kazakhstan’s critical raw materials sector through a follow-on equity investment of A$1.4mn ($0.91mn) in Sarytogan Graphite.
ASEAN’s power gamble will shape the region’s economic future
Electricity demand across the wider ASEAN region is rising rapidly. Manufacturing expansion, electric vehicle adoption and the construction of energy-intensive data centres are driving consumption higher and higher every day.
Tata Power expands Bhutan hydropower partnership
Tata Power (NSE: TATAPOWER) has expanded its clean energy partnership with Bhutan’s Druk Green Power Corporation Limited (DGPC), increasing the total planned hydropower capacity under their collaboration to 5,033 MW.
India weighs incentives for floating solar projects to decentralise renewable energy growth
The Indian government is considering incentive schemes for floating solar projects as part of efforts to spread renewable energy development more evenly across the country rather than concentrating capacity in a handful of states.
Bulgaria ranks among Europe’s top co-location investment markets
Aurora Energy Research has ranked Bulgaria among Europe’s most attractive co-location investment markets, placing it alongside Germany and the United Kingdom in its latest European assessment of renewable energy hubs.
Dry-season demand pushes Vietnam to strengthen the national grid
Vietnam is preparing emergency measures to prevent electricity shortages during the 2026 dry season as demand rises and global energy markets remain volatile.
China’s Goldwind inks contract for 43.5-MW wind, BESS project in Turkey
Chinese wind turbine maker Goldwind Science & Technology (SHE:002202) said on May 11 it has inked a cooperation agreement with Turkish energy company Ova Enerji for the 43.5-megawatt Cayirlar hybrid project in western Turkey.
Colombia crosses 70% clean energy threshold, ranks fourth in South America
Colombia's clean energy share surpassed 70% of its total power mix as of May 9, making it the fourth country in South America by renewable energy uptake, according to the Mining and Energy Planning Unit (UPME)
Colombia pushes Glencore to start Cerrejon closure talks before concession runs out
Colombia's Ministry of Mines and Energy called for Glencore to convene with regional authorities in La Guajira and local community representatives to begin discussions on winding down the Cerrejon coal mine — one of the world's largest open
Anthem reaches financial close on 20MW Eswatini solar project
South African renewable energy developer Anthem has reached financial close on the 20MW Tsamela solar PV project in Eswatini, marking a milestone in the country’s efforts to expand domestic electricity generation.
Chinese energy giant Ming Yang secures licence for Ethiopia renewables project
Ming Yang Smart Energy has secured an investment licence for a multibillion-dollar renewable energy and green industrial project in Ethiopia that includes 8.4GW of wind and solar capacity alongside planned green ammonia and equipment investments.
IFC considers $40mn investment in African clean energy platform FEI
The International Finance Corporation is considering an investment of up to $40mn in the Facility for Energy Inclusion, a blended-finance platform supporting decentralised renewable energy projects across Africa.
Global biofuel production up sevenfold in the last two decades - OWID
In the late 20th century, a handful of countries — led by Brazil and the United States — turned to liquid biofuels to reduce their dependence on foreign oil markets, producing transport fuels from cheap crops instead.
Foxconn, Poland sign EV production deal
Taiwanese tech giant Hon Hai Precision Industry (Foxconn) (2317.TW) signed a strategic partnership with Poland’s state-owned ElectroMobility Poland (EMP) to develop an electric vehicle (EV) ecosystem, the company announced on May 7.
Philippine bank backs $1.3bn green energy storage
BDO Unibank Inc. (BDO) committed PHP75bn ($1.3bn) to finance two hydroelectric projects for Prime Infrastructure Capital Inc. in Rizal and Laguna, the bank announced on May 10.
India's Gujarat state commissions 870-MW battery storage capacity across five locations
India’s western state of Gujarat has rolled out battery energy storage systems with a combined capacity of 870 MW at five sites as part of its push to strengthen renewable energy integration and grid reliability.
Steam leak forces shutdown at ageing Japanese nuclear reactor
Kansai Electric Power Co. said it halted a reactor at its Mihama nuclear power plant in central Japan on May 8 after steam was discovered leaking near a high-pressure turbine.
Vietnam pushes green transport through Hanoi vehicle restrictions
Hanoi is moving ahead with plans to curb fossil fuel vehicles in central districts under a proposed low-emission zone scheme aimed at cutting pollution and promoting greener transport.
Jordan approves legislation to regulate green hydrogen sector
Jordan has introduced new legislation to regulate its emerging green hydrogen sector, aiming to accelerate investment and establish a clear legal framework for production and infrastructure development.
Brazil sees biofuel boost
Brazil’s biofuels sector could add as much as BRL403.2bn ($82.3bn) to the country’s gross domestic product between 2030 and 2035, according to a study released by the Getulio Vargas Foundation (FGV).
Brazil pushes carbon coalition
Chile’s solar surge deepens grid strains as battery investment accelerates
Chile’s solar sector strengthened its dominance in March as photovoltaic generation supplied nearly 29% of electricity output in the country’s National Electric System (SEN).
Cuba expands solar push with first battery-backed plant in Ciego de Ávila
Cuba inaugurated a 5MW solar park with integrated battery storage in the province of Ciego de Ávila as the Caribbean nation accelerates efforts to stabilise its fragile electricity system and reduce dependence on fossil-fuel generation
Kyrgyzstan, Kazakhstan and Uzbekistan set agreed reservoir releases vital to downstream irrigation
Kyrgyzstan, Kazakhstan and Uzbekistan on May 7 signed a trilateral protocol in Tashkent that sets agreed water release volumes and schedules from Kyrgyzstan’s Toktogul Reservoir for the next two months.
Kenya among markets to watch as Africa continues to build momentum in wind energy development
This year’s Global Wind Report examines how wind power is expanding worldwide, sets out what is needed to maintain progress and, in its Markets to Watch section, highlights countries where delivery is starting to match ambition.
Solar-plus-storage fall below those of fossil fuels - IRENA
wRenewable power paired with battery storage is becoming cost-competitive with fossil fuels for around-the-clock electricity supply, according to a new report from the International Renewable Energy Agency (IRENA).
Sri Lanka's renewable energy sector warns of shutdown risk over unpaid dues
Sri Lanka’s renewable energy industry has warned that mounting unpaid dues from electricity supplied to the national grid could push large parts of the sector towards collapse.
SPML bags $12mn NTPC battery energy storage project in India’s Bihar state
SPML Infra (NSE: SPMLINFRA) has secured an INR1.13bn ($12mn) contract from NTPC (NSE: NTPC) to develop a 1-GWh battery energy storage system (BESS) at the Barauni Thermal Power Station in Bihar.
Kazakhstan renewable energy output rises 15% in first quarter
Kazakhstan produced 2.3bn kWh of electricity from renewable energy sources in the first quarter of 2026, up 15% compared with the same period of last year.
Apple expands renewable energy, recycling initiatives in India
Apple (AAPL) has announced a series of new sustainability initiatives in India aimed at expanding renewable energy infrastructure, tackling plastic pollution and supporting green entrepreneurship.
Thai investment drives growth in Laos energy sector
Thai investment continues to play a central role in powering the expansion of Laos’ energy sector, strengthening bilateral ties and supporting regional energy stability amid ongoing global uncertainty
China Energy Construction signs agreement for 1.5-GW project set to become Turkey’s first offshore wind farm
China Energy Construction has signed a cooperation agreement for a 1.5-gigawatt wind project that is expected to become Turkey’s first offshore wind farm and the biggest offshore wind development pursued in the country to date.
Chinese EV battery giant CATL to co-develop cars with Turkey’s EV maker Togg
Chinese electric vehicle (EV) battery giant CATL (300750.SZ) announced on May 7 that it will co-develop cars based on its Panshi EV chassis with Turkish EV maker Togg.
Report says Afghanistan now only missing link in CASA-1000 energy corridor project rollout
All eyes now turn to Afghanistan when it comes to the $1.2bn Central Asia-South Asia Power Project (CASA-1000) following a report that Kyrgyzstan has completed major construction work required on its territory for the regional electricity initiative.
OKKO group expands wind portfolio with new 80 mw project in Western Ukraine
Ukraine’s OKKO Group is advancing its renewable energy push with plans to build a fourth wind power project, an up to 80 MW wind farm in the Lviv region.
Rezolv Energy commissions 225-MW solar park with storage in Bulgaria
Rezolv Energy has commissioned a 225-megawatt solar park in northeastern Bulgaria, one of the country’s largest photovoltaic facilities, the company said on May 6.
AIIB, Acwa partner up on Uzbekistan Bash 2 wind project, $107mn loan deal signed
Beijing-based Asian Infrastructure Investment Bank (AIIB) has signed a $107mn loan agreement with Saudi Arabia’s Acwa (formerly ACWA Power Co (TADAWUL: 2082) to support the development of the Bash 2 wind power plant in Uzbekistan.
Peru's solar boom hits a grid that isn't ready for it
Peru's solar output doubled in February 2026, but a $2.1bn transmission gap threatens to choke the renewable surge before it reshapes the national grid.
Super El Niño threat could add to Iran war inflation shock
A growing risk of a “Super El Niño” later this year is fuelling concerns among economists and commodity traders that it will only add to the inflation shock already on the way as a result of spiking energy prices due to the Iran war.
MCA inaugurates Africa’s largest off-grid solar park in Angola
Portugal’s MCA has inaugurated a 31.85MW off-grid solar park paired with 75.26MWh of battery storage in Angola, strengthening rural electrification efforts and setting a new continental record for standalone solar generation
Afrox signs 10-year renewable power deal with Discovery Green for South African unit
Afrox (JSE:AFX), a producer and distributor of industrial, medical and specialty gases and part of Linde plc, has signed a 10-year PPA with Discovery Green to supply renewable electricity to its Kuilsriver air separation unit near Cape Town.
Philippines’ Greenlight secures $161mn for Leyte solar
Greenlight Holdings Inc. (GRHI) secured a PHP9.36bn ($161mn) senior term loan to fund its 240-MWp San Isidro Leyte Solar Power Project, the company announced on May 6.
KP Group installs India’s first indigenous 4.2-MW wind turbine in Gujarat
KP Group has installed India’s first indigenous 4.2-MW wind turbine (4.2M160) in South Gujarat, marking a significant advancement in the country’s renewable energy sector.
Poland's Tauron posts lower Q1 results, CFO cites stability in "challenging" environment
Poland's major power group Tauron Polska Energia on May 6 posted estimated results for the first quarter of 2026, reporting a year-on-year decline in earnings but describing the performance as stable within a difficult market.
Renewables giant China ready to invest $1bn in constructing solar and wind plants in Kyrgyzstan
Renewables giant China has expressed a willingness to invest up to $1bn in the construction of solar and wind power plants in Kyrgyzstan, according to the Kyrgyz National Investment Agency.
Chile advances $88mn solar-storage project as Coquimbo expands clean energy pipeline
Chile’s renewable energy pipeline continues to grow after a new solar-plus-storage project entered environmental review, underscoring the country’s push to strengthen grid reliability alongside decarbonisation.
Colombia's Petro pitches Caribbean coast as bitcoin mining hub on clean energy surplus
Colombian President Gustavo Petro has proposed turning the country's Caribbean coast into a bitcoin mining centre powered by surplus clean energy, framing the initiative as a potential driver of regional economic development.
Cambodia boosts power supply, fast-tracks Vietnam electricity deal
Cambodia is moving urgently to reinforce its electricity system as global energy pressures strain supply and push up demand.
DNV to certify UK CO2 storage project
Norway-based DNV has been appointed independent certifier for the Northern Endurance Partnership CO2 transport and storage project in the UK, which underpins the East Coast Cluster carbon capture network.
Low-carbon sources met all of 2025’s electricity demand growth - OWID
Solar and wind energy have grown quickly in recent years, but global electricity demand has grown faster. So while their share of electricity generation kept rising, it wasn't enough to push fossil fuels into absolute decline.
ADB awaits Trans-Caspian green corridor feasibility study before costing $50bn pan-Asian grid
Subsea work begins on Philippines Malampaya gas project
Subsea pipelaying and offshore construction are underway at the Malampaya Phase 4 (MP4) project off Palawan.
Renalfa launches battery storage project at Oslomej solar plant in North Macedonia
The Oslomej solar project is part of a broader effort to transform former coal-based energy sites into renewable energy hubs.
Singapore and Philippines sign landmark carbon pact
Southeast Asia’s carbon market ambitions reached a critical milestone this week as Singapore and the Philippines signed a formal Implementation Agreement to collaborate on carbon credits under Article 6 of the Paris Agreement
India’s AMPIN commissions 500-MWp hybrid project in Rajasthan
AMPIN Energy Transition has commissioned around 500MWp of interstate transmission system-connected wind-solar hybrid capacity at Fatehgarh in Barmer, Rajasthan.
Solex Energy signs $420mn pact to build solar, battery manufacturing hub in India's Gujarat
Solex Energy Limited has signed a memorandum of understanding with the Government of Gujarat to develop a major renewable energy manufacturing ecosystem in the state, with a proposed investment of around INR40bn ($420mn).
India leans harder on coal as heatwave, Iran conflict strain energy supplies
India is increasing its reliance on coal-fired power as a combination of extreme summer heat and global supply disruptions linked to the Iran conflict drive up electricity demand and constrain alternative fuels.
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