REM - Renewable Energy
Ecopetrol prioritises green hydrogen and exploration in 2025 plans
Colombia’s state-owned energy giant, Ecopetrol, has unveiled an ambitious strategy for 2025, emphasising its dual focus on traditional hydrocarbon production and green energy projects.
Hals Agro becomes Ukraine's second biomethane supplier to gas system, exports expected in January
Horodishche-Pustovarivskaya Agrarian Company (GOPAK), part of the Hals Agro agroholding, has become the second company in Ukraine to supply biomethane to the country’s gas transmission system.
Powering the future: Africa’s competitive advantage in the global battery market
Africa's vast critical mineral reserves – including cobalt, lithium and manganese – are now central to the global rush for battery materials.
Croatia's JGL issued €60mn sustainability bonds
Brazil claims leading role in climate action at ICJ
French energy firms secure major Saudi solar project deals during Macron visit
French energy companies secured contracts to develop 1.7 GW of solar power capacity in Saudi Arabia on December 3, as part of broader economic agreements signed during President Emmanuel Macron's state visit to the kingdom.
How to fast-track EU clean hydrogen progress
The pace of progress is nowhere near sufficient to meet the EU's ambitions.
Chilean wind farm project submitted for environmental assessment
Chile's renewable energy sector continues to expand with the submission of the Quebrada Locayo Wind Farm development to the Environmental Impact Assessment Service.
TotalEnergies eyes $2.1bn takeover of German renewables developer
TotalEnergies is closing in on the purchase of German renewable energy developer VSB Group for approximately €2bn from private equity firm Partners Group Holding.
Argentine energy regulator announces two new solar regulations
Argentina's electricity regulator ENRE has announced two key resolutions regarding solar energy projects in Mendoza province, developed by renewable energy company Genneia.
Egypt grants golden licence to Obelisk to build $600mn solar facility in Naga Hammadi
South Africa: SAPVIA expects further growth for solar energy sector in 2025
The South African Photovoltaic Industry Association (SAPVIA) has said that electricity demand in 2024 and 2025 is projected to grow at one of the highest rates seen in the last two decades.
Kazakhstan’s copper reserves to only sustain production for 40 more years, industry minister says
CrossBoundary Energy secures $140mn to scale renewable energy portfolio across Africa
UN plastic pollution talks collapse as volume of waste escalates
The failure of recent global talks in Busan, South Korea, to produce a landmark treaty to combat plastic pollution, has underscored the complexities and challenges of addressing one of the planet’s most pressing environmental and climate issues.
Latin American renewables build to peak in 2024, says BNEF
Renewable energy projects, particularly wind and solar, are experiencing rapid expansion across Latin America and build is likely to peak in 2024, says BloombergNEF in a note.
Unlocking geothermal potential in Southeast Asia
Indonesia and the Philippines rank as the world's second and third-largest geothermal users due to “Ring of Fire”, as both are regions near tectonic activity.
Kyrgyzstan-South Korea summit takes place ahead of Seoul’s declaration of martial law
Slovenia’s Petrol unveils plans for first electric truck charging station
Slovenia's leading energy company Petrol said on December 3 it is set to build its first electric truck charging station at the Lukovica jug motorway site, a landmark development for heavy transport electrification.
ADB study urges Mongolia to develop heat-resilient infrastructure, promote climate-smart agriculture
The world has passed peak per capital CO₂ emissions, but overall emissions are still rising
The world has passed peak per capital CO₂ emissions, Our World in Data reported on December 3. However, emissions overall continue to rise.
Argentina's Neuquén announces construction of solar park
China's Envision Energy to boost Kazakhstan's green energy transition with manufacturing facility
New US solar duties on Southeast Asia
More solar duties have been proposed for imports to the US from Cambodia, Malaysia, Thailand and Vietnam.
Indonesia and UK explore carbon market and investment opportunities
Standard Chartered Indonesia, the UK Government, and the British-Indonesian Chamber of Commerce (BritCham) hosted a high-level roundtable in London to discuss Indonesia's burgeoning carbon market and investment prospects
Iran sees huge green energy opportunities in biomass plants
Iran’s Renewable Energy and Electricity Efficiency Organisation, known as SATBA, plans to generate 550 MW of electricity per day by developing biomass power plants.
Turkey’s Ihlas links up with PowerChina and Kazakhstan’s SemArco to realise Kyrgyzstan power plant projects
Iranian giant to carry out conversion scheme at steam power plants
The Iranian industrial giant Mapna group plans to convert 4,000 megawatts (MW) power produced by steam power plants to combined cycle facilities, said the CEO of the corporation’s power division.
Colombia’s Bia Energy secures $8.5mn to strengthen green energy push
Bia Energy, a Colombian startup focused on energy solutions, has raised $8.5mn in a bridge funding round ahead of its Series B, Forbes reported. The round attracted green-focused investors, including RA Capital Management Planetary Health.
Saudi Arabia launches UN desertification talks with $150mn pledge
Saudi Arabia launched United Nations talks on combating desertification on December 2, pledging $150mn over the next decade to tackle land degradation that threatens billions of people globally.
The hurricane season in 2024 was weird
The Atlantic hurricane season of 2024 was a weird one. It both produced more, and more destructive, hurricanes than usual, but at the same time it had a calm hole in the middle where there should have been at least four hurricanes.
Renewables firm Pele Green achieves financial close on 100-MW solar project in South Africa
Pele Green Energy, a South African renewable energy company, has reached financial close on a 100-MW solar project designed to supply power to the ferroalloys operations of Swiss mining company Glencore and its joint venture partner, Merafe Resources
Copenhagen Infrastructure Partners seals corporate PPA for Taiwan’s Fengmiao offshore wind farm
Copenhagen Infrastructure Partners (CIP) has signed a landmark corporate power purchase agreement (PPA) for its 500-MW Fengmiao I offshore wind farm in Taiwan, marking a significant shift in the region’s energy landscape.
Montenegro’s EPCG inks contract for Krusevo HPP project
Montenegro’s power company EPCG has signed a contract with local Jaroslav Cerni institute for the preparation of a detailed project and geological survey for the construction of the Krusevo hydropower plant.
US imposes preliminary duties on Southeast Asian solar imports
The US Commerce Department has announced preliminary duties of up to 271% on solar imports from Southeast Asia, citing findings that these products are being sold below production costs, harming domestic manufacturers
Sri Lanka to open bids for two 500-MW wind power projects
Sri Lanka plans to invite bids for two 500-MW offshore wind power plants near Mannar and Puttalam after feasibility studies conclude in 2027.
Leader energy to power up Cambodia with 150 MW wind farm
Leader Energy, a prominent player in Southeast Asia's energy sector, is set to pioneer large-scale wind power in Cambodia.
Iran eyes developing solar thermal energy plants
Iran’s Energy Ministry aims to develop solar thermal energy as part of efforts to diversify resources to generate power amid a lingering electricity shortfall.
Albania needs $6bn investment to combat climate risks, says World Bank
Albania, one of Europe’s most disaster-prone countries, must invest $6bn over the next decade to protect its citizens and infrastructure from the mounting risks posed by climate-related disasters, according to a new report from the World Bank.
Canada advances nuclear collaboration with Southeast Asia
Canada is strengthening its ties with Southeast Asia in nuclear energy, leveraging its expertise to support the region's shift toward atomic energy solutions
Maxion Wheels advances sustainability with new solar initiative in Mexico
Maxion Wheels has embarked on a significant sustainability initiative, deploying a sophisticated solar photovoltaic system at its Chihuahua manufacturing facility in collaboration with Iberdrola Mexico.
Petrobras taps European Energy, targets 10 offshore systems by 2029
Petrobras has signed a Heads of Agreement (HoA) with Denmark’s European Energy to advance plans for a commercial-scale e-methanol plant in Pernambuco.
Brazil becomes sixth country to achieve 50 GW of solar
Brazil’s solar energy capacity has surpassed 50 GW, making it the sixth country to achieve this milestone, according to the Brazilian Association of Photovoltaic Solar Energy (Absolar).
UAE’s Masdar acquires majority stake in Greece's Terna Energy in €3.2bn deal
Abu Dhabi-based renewable energy company Masdar has agreed to acquire 70% stake in Greece's Terna Energy, valuing the enterprise at €3.2bn (AED12.62bn).
Serbia’s EPS installs first turbine at Kostolac wind farm
Serbia’s state-owned electricity producer, Elektroprivreda Srbije (EPS), announced on November 28 the installation of the first wind turbine at the Kostolac wind farm in eastern Serbia.
EU invests €160mn to support Serbian SMEs and drive green transition
Nigeria aims to nearly triple hydropower capacity to 14,000 MW
Oil marketer Rubis Energy Kenya partners with Solarise Africa to launch renewable energy firm
Bezos-backed consortium provides $20mn to build 20-MW battery energy storage system in Malawi
Southeast Asia’s rising energy demands and what lies ahead
As Southeast Asia continues to grow economically and urbanise at a rapid pace, the region is emerging as a key player in global energy markets
Malaysia targets East Coast as rare earth and clean energy hub
Economy Minister Rafizi Ramli has outlined an ambitious vision to transform Malaysia's east coast region into a center for large-scale industries and rare earth element (REE) production
Malaysia’s Yinson secures $59mn green loan for Peru’s landmark solar project
Malaysia-based Yinson Renewables has obtained $59mn in senior secured green financing for its Matarani Solar Project in Peru
India recognises surface hydrokinetic turbine technology to advance renewable energy goals
India’s Central Electricity Authority (CEA) has officially recognised Surface Hydrokinetic Turbine (SHKT) technology under the hydro power category to foster innovation and explore alternative pathways to achieve net-zero emissions
Bangladesh unveils 10-year tax holiday for renewable energy firms
The Bangladesh government has announced comprehensive tax incentives for renewable energy companies, offering a 10-year tax holiday for businesses commencing operations between July 2025 and June 2030
Brazil moves up in solar energy rankings
Brazil's installed solar energy capacity has reached 50 gigawatts (GW), placing it among six countries globally with capacities above this threshold, according to the Brazilian Electricity Regulatory Agency (ANEEL).
North Macedonia’s ESM launches tender for 30 MW solar photovoltaic project
North Macedonia’s state-owned power producer, ESM, has announced a tender for the design, procurement, construction, commissioning and handover of two solar photovoltaic plants with a combined capacity of 30 MW.
Trinidad and Tobago advances wind energy development with device installation
Trinidad and Tobago has launched its first official step toward wind energy deployment with the successful installation of Light Detection and Ranging devices (LiDARs) at Orange Valley and Galeota.
Indonesia secures €1.2bn green financing from Germany’s KfW for energy transition
The Indonesian government has secured €1.2bn in green financing from Germany’s Kreditanstalt für Wiederaufbau (KfW) to support its sustainable energy transition
Taiwan’s Synera Renewable Energy expands into South Korea with 840MW wind project
Synera Renewable Energy Group (SRE Group), a leading offshore wind developer based in Taiwan, has forged a strategic partnership with Moondo Wind Energy (MWE) to launch a joint venture (JV) aimed at advancing offshore wind power
Mitsui O.S.K. Lines and Singapore partner to advance maritime decarbonisation
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has strengthened its partnership with Singapore’s Maritime and Port Authority (MPA) to drive advancements in maritime decarbonisation, digital innovation and workforce development
Malaysia's Meta Bright and Tunas Manja partner to advance solar energy solutions
Meta Bright Group Bhd, a Malaysian conglomerate active in property development and renewable energy, has joined forces with retail operator Tunas Manja Sdn Bhd (TMG) to implement energy efficiency measures through rooftop solar installations
Malaysia to launch first solid-state hydrogen reactor for rural electrification in 2025
Malaysia will roll out its inaugural solid-state hydrogen reactor in the first quarter of 2025, aiming to provide sustainable electricity to underserved rural areas, according to the Ministry of Science, Technology, and Innovation
Bangladesh, Sri Lanka to review Adani energy projects following US bribery allegations
Bangladesh and Sri Lanka are reassessing energy projects linked to India’s Adani Group following US prosecutors’ indictment of chairman Gautam Adani and others for alleged bribery of Indian officials.
NTPC Green Energy shares jump on debut, valuing firm at $12bn
NTPC Green Energy, the renewable energy subsidiary of India's NTPC, saw its shares jump 11.9% on its trading debut on November 27, valuing the company at INR1.02 trillion ($12.08bn).
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