REM - Renewable Energy
Cuba expands solar power network in Holguín with Canadian support
Cuba has installed 344 photovoltaic systems across 10 municipalities in the eastern province of Holguín under a joint programme with Canada aimed at expanding renewable energy access and supporting community development
South Korea to back Serbia solar project with €900mn financing
South Korea’s Korea Trade Insurance Corporation (K-Sure) will provide €900mn in export financing for a large-scale solar power project in Serbia, marking the country’s first participation in a national energy project there.
Cambodia's EV drive risks leaving some workers behind
Cambodia's ambitious push towards electric vehicles could cut emissions and modernise transport, but experts warn that thousands of workers and small businesses may struggle to adapt without targeted support
ADB grants Cambodia $63mn for cleaner power
Cambodia has secured $63mn from the Asian Development Bank (ADB) to strengthen its power grid and accelerate the integration of renewable energy sources.
Angola's Quilemba solar project nears completion as testing enters final phase
Angola’s 35-megawatt (MW) Quilemba Solar Project has reached 95% completion and entered the final testing stage ahead of its planned integration into the national power grid, Angop reported on June 22.
Bosnia's Republika Srpska selects Chinese consortium for €32mn solar plant
State-owned power utility Elektroprivreda Republike Srpske (ERS) has awarded a contract to a Chinese-led consortium to build the Trebinje 3 solar power plant in Bosnia’s Serb Republic, in a deal valued at BAM63mn (€32mn),...
Oman launches community solar power programme
Oman’s Authority for Public Services Regulation (APSR) launched on June 23 a new national initiative, “Imtidad” (meaning “extension”), aimed at enabling households and communities to collectively participate in shared solar PV projects.
Egypt partners with Chinese Sany for first wind turbine plant
Egypt signed a memorandum of understanding (MoU) with Chinese Sany Renewable Energy (SSE:688349) to build the country’s first wind turbine manufacturing plant and develop a 2,000-megawatt (MW) wind power project.
Wind energy firms to invest $5bn in Mexico in new capacity push
Mexico’s Federal Electricity Commission (CFE) said on June 21 wind energy companies are set to commit $5bn in new investments in Mexico due to a fresh round of established partnerships and government calls for proposals.
EBRD backs OKKO Group's new wind farm with €50mn loan
The European Bank for Reconstruction and Development (EBRD) will provide a €50mn loan to help finance a 189-megawatt wind farm being developed by Ukraine's OKKO Group.
Shumba starts construction on Botswana’s 100MW Tati solar project
Botswana-focused developer Shumba Energy has started constructing its 100MW Tati Solar Project after issuing a full notice to proceed to the appointed contractor, marking a major step in the country’s efforts to expand renewable energy generation.
Moldova opens technical bids for 170 MW wind and storage tender
The tender committee responsible for granting large eligible producer status in Moldova has opened the technical bids submitted in the second auction for the construction of wind farms with a combined capacity of 170 MW and battery energy storage.
Brunei to explore full-scale environmental radiation monitoring grid
The Sultanate of Brunei Darussalam has opened its borders to international nuclear oversight as the country is completing a multi-year upgrade of its sovereign defence and ecological safety protocols
Malaysian ministry of plantation reviews feasibility of B50 biodiesel shift
The Malaysian government is re-engineering its green fuel mandates, accelerating its transition toward a low-carbon transport network while protecting its status as an export powerhouse
Regen Renewables completes rooftop solar project at Sri Lanka’s National Operation Centre
Regen Renewables (Pvt.) Ltd has completed and handed over a 45.63kW rooftop solar photovoltaic system at Sri Lanka’s National Operation Centre (NOC) in Battaramulla.
Fresh highs recorded for Turkish renewable power generation in May
Hydropower remained the dominant source of electricity generation in Turkey in May. A new monthly production record was set as strong spring precipitation continued to boost output, according to official data.
Russia’s Rosatom says construction of first nuclear reactor at Turkey’s Akkuyu NPP completed
Construction of the first reactor unit at Turkey's first nuclear power plant (NPP), Akkuyu on the country’s southern Mediterranean coast, has been finished and cold-hot testing has commenced, Russian state nuclear corporation Rosatom has announced.
Fitch affirms EDP Brasil at AAA(bra)
Fitch Ratings has affirmed EDP Energias do Brasil’s national long-term rating at ‘AAA(bra)’ with a stable outlook, citing its diversified power operations and expected financial profile stability, the agency said.
Brazil, Mexico secure $500mn CIF deal
Colombia slips in WEF energy transition ranking despite clean power matrix
Colombia fell five places to 43rd in the World Economic Forum’s 2026 Energy Transition Index (ETI), highlighting growing concerns over the pace of the country’s energy transition despite maintaining one of the world’s cleanest electricity
Italian Duferco to sign solar energy deal with Tunisian partner for renewable energy projects
Italian energy group Duferco is set to sign a strategic protocol of agreement with a major Tunisian group to develop solar photovoltaic energy projects
Record renewables generation saves Turkey $746mn in electricity subsidies
Record renewable electricity generation in Turkey drove wholesale power prices to all-time lows in the first five months of 2026, cutting government electricity subsidy costs by $746mn versus the same period last year, energy think tank Ember says.
Brazil distributed solar tops 4.3mn systems
Brazil had 4.321mn distributed solar generation systems connected to the national grid by April 2026, according to a survey by Solfácil using data from the National Electric Energy Agency (Aneel).
Vietnam confronts energy security challenges amid growth
Vietnam is facing growing strain on its electricity system as rising demand, uncertain fuel supplies and climate-related pressures challenge efforts to maintain energy security.
Bulgaria’s ADEX Energy expands into Romania
Shell unit Daystar Power expands Nestlé solar capacity to 7MW across West Africa
Daystar Power has expanded its partnership with Nestlé to nearly 7MW of installed solar capacity across four manufacturing facilities in Côte d'Ivoire, Ghana and Senegal
Argentina's Río Negro expands rural solar programme with 2,500 new household systems
Argentina’s province of Río Negro is preparing to install 2,500 new residential solar systems in isolated rural communities as part of a programme aimed at expanding access to electricity in areas where grid connections remain problematic.
UAE’s $30bn climate fund enters Latin America via Peru’s Inkia Energy
UAE’s $30bn climate fund Altérra makes its Latin American debut, backing Peru’s $3.4bn energy platform Inkia to scale 4GW of renewables amid tightening Andean power margins.
CRC Evans, Croatia's Monter partner on Europe's first hydrogen valley pipeline
Global pipeline services company CRC Evans and Croatian engineering contractor Monter Strojarske Montaže have formed a strategic partnership to deliver Europe’s first Hydrogen Valley pipeline project, CRC Evans said in a press...
Oman launches tender for 1,500 MW of solar capacity worth over $1bn
Oman has launched a prequalification (RFQ) process for the development of two large-scale utility solar photovoltaic (PV) projects, with a combined investment value of just over $1 billion, according to the state-run procurement agency.
Europe's heat map is turning red due to annual heatwaves - IPCC
Villages in northern France have been sweltering this week as temperatures topped a record breaking 43°C in what is already clearly going to be the fourth hottest year in recorded history.
Romania adds more than 10,000 rooftop solar prosumers a month
Romania had 332,684 prosumers connected to the electricity grid as of April 30, with a combined installed capacity of 3,789 MW, according to energy regulator ANRE.
Three US solar producers dispute South Korean imports
Three solar panel manufacturers requested US trade officials launch an inquiry into solar cell imports from South Korea.
COMMENT: Iran war shows why Asia must quit fossil fuels
Across Asia, governments are now accelerating approvals for renewable projects and grid modernisation schemes. Battery storage investments are making headlines almost daily.
Brazil’s Petrobras moves into biofuels push
Brazil’s state-controlled oil producer Petrobras has approved investment in a biorefining facility that will produce renewable diesel and sustainable aviation fuel, marking a step into low-carbon fuels alongside its core crude oil operations.
Lithuanian carbon farming programme secures first corporate buyers
Several international companies have purchased the first carbon credits generated by local farmers in Lithuania.
Cuba pushes renewable drive as US sanctions squeeze fuel supplies
Cuba is accelerating its energy transition programme while grappling with severe fuel shortages caused by tighter US sanctions, First Deputy Energy and Mines Minister Argelio Jesús Abad said during a visit to Uruguay
Norwegian Scatec eyes $5bn investments in Egypt across renewables and green infrastructure
Croatia's Kvarner islands expand solar push as summer demand strains grid
Croatia’s Kvarner islands are accelerating investments in solar energy as rising summer demand driven by tourism puts pressure on local electricity supply.
Bosnia joins global programme to curb methane emissions from energy sector
Bosnia & Herzegovina has joined an international initiative aimed at reducing methane emissions from the energy sector, as the country seeks to strengthen regulation of pollution from its coal industry, programme organisers said...
Zambia signs 500MW solar and battery deal with South Korea's KS Eco Solutions amid hydropower drop
Zambia has signed a deal with South Korea's KS Eco Solutions Holdings to develop a 500MW solar plant and a 500MWh battery storage system, as the country seeks to diversify away from hydropower.
Nigeria says net-zero emissions goal by 2060 remains achievable
Nigeria can still achieve its target of net-zero greenhouse gas emissions by 2060 despite significant challenges, according to the National Agency for Science and Engineering Infrastructure
TIIF 2026: Masdar and ACWA Power, twin engines behind Uzbekistan's renewable energy boom
Two Gulf utility giants control the lion's share of Central Asia's largest green energy market. At the Tashkent International Investment Forum (TIIF) this month, the two companies set out plans that would take investment capital to $20bn.
Taiwan electricity consumption to rise 2.5% by 2035
Taiwanese electricity demand will expand by 2.5% annually from this year through 2035, according to the Ministry of Economic Affairs.
India's oldest nuclear power plant returns to service after major overhaul
India’s oldest nuclear power plant has resumed full operations after an extensive modernisation programme, with the first two units of the Tarapur Atomic Power Station in Maharashtra reconnecting to the grid.
Vietnam's Ca Mau starts construction of wind farm
Southern Vietnam's Ca Mau Province has begun construction of a nearly $95mn wind power project aimed at boosting renewable energy production and supporting long-term economic growth.
Thailand's solar expansion raises concerns over future waste
Thailand's rapid shift towards solar energy could create a significant waste challenge unless authorities establish a comprehensive system for managing ageing panels
Mongolia opens tender for 110 MW of solar tied to 52 MW/188 MWh of battery energy storage
Mongolia has opened a tender for the development of 110 megawatts of solar tied to 52 MW/188 MWh of battery energy storage.
Oman to unveil maiden community solar energy project
Oman’s Authority for Public Services Regulation (APSR) is set to launch the Sultanate’s first community solar power station later this week, marking a new phase in the country’s efforts to broaden public participation in renewable energy.
South Korean developers propose building 500MW solar project in Zambia, at cost of up to $900mn
South Korean developers led by KS Eco Solutions Holding Limited are proposing a $700mn-$900mn investment in a 500MW solar project in Zambia, to be built in ten phases and supported by a long-term power purchase agreement with ZESCO.
Zambia's Lunzua acquires 27% stake in 180MW Ngonye Falls hydropower project
Lunzua Power Company has agreed to acquire a 27% stake in Western Power Company to help complete the 180MW Ngonye Falls Hydroelectric Power Project in Zambia.
Scatec starts construction of €96mn solar plant in Tunisia’s Sidi Bouzid
Norway's renewable energy firm Scatec (OSE:SCATC) announced the start of construction on the 120MW Sidi Bouzid 2 solar plant, after reaching financial close on the project, which carries investments of approximately €96mn.
Iran's SCO power grid plan wins backing at Bishkek energy meeting
Iran's proposal to interconnect the power grids of Shanghai Cooperation Organisation member states has been welcomed at the bloc's energy ministers' meeting in Bishkek, an Iranian renewable energy official has said.
West Africa's BIDC secures $100mn AfDB backing for clean energy expansion
The African Development Bank Group (AfDB) has approved a $100mn financing package for the ECOWAS Bank for Investment and Development (BIDC), marking the first time a multilateral DFI has taken an equity stake in the West African lender.
Mission 300 investment platform Zafiri launches with $176m to support African distributed renewables firms
Zafiri, a new blended-finance vehicle launched under the Mission 300 initiative, has secured $176mn in initial commitments to support distributed renewable energy companies across sub-Saharan Africa.
Azerbaijan's wind power output surges in January-May, oil production and BTC volumes decline
Malaysian infrastructure company secures $83.7mn Islamic financing to part-finance solar plant
Malaysia-based infrastructure group Aizo Group Berhad (KL:AIZO) has secured a capital injection and submitted a regulatory filing to Bursa Malaysia on June 19
Indonesian president approves ex-vice president’s $3.7bn private energy venture
Injecting a wave of private capital into the state's industrial transformation grid, Indonesian president Prabowo Subianto has greenlit an infrastructure proposal spearheaded by one of the country's most prominent elder statesmen
Taiwan, Baseload Power sign geothermal development pact
Baseload Power Taiwan and state-owned energy company CPC Corporation, Taiwan signed a memorandum of understanding to accelerate geothermal energy development across the island, the companies announced on June 17.
India faces twin threat of extreme heat and a slow moving monsoon
Most parts of India are facing unprecedented heatwave conditions. For several weeks, India’s capital, New Delhi, has been suffering under temperatures over 40 °C.
Bangladesh slips in global energy transition ranking amid readiness concerns
Bangladesh ranked 99th among 120 countries in the Energy Transition Index (ETI) 2026, trailing several South Asian neighbours as persistent weaknesses in policy, financing and infrastructure.
India’s thermal coal imports hit four-year low as renewables gain ground
India’s thermal coal imports recorded the lowest level in four years during the first five months of 2026, owing to higher domestic coal output, rising renewable energy generation and elevated import costs.
Renault opens Boreal SUV production in Turkey in dual-hub strategy
Renault (EPA: RNO) has announced the opening of a second Boreal SUV production hub at its Bursa plant in Turkey.
Slovenia to introduce electricity sharing system in July to support renewable energy use
A.P. Moller Capital buys Mainstream Renewable Power South Africa platform
A.P. Moller Capital has agreed to acquire Mainstream Renewable Power's South African business, gaining 148MW of operating and under-construction assets, 351MW of construction-ready projects and an 11.6GW development pipeline.
Iran's Shahroud Cement secures operating licence for solar plant
Iranian producer Shahroud Cement has secured an operating licence for a 4.8 MW segment of its 10 MW solar plant from Satba, with plans for an additional 3 MW unit.
Axia bets on Brazil’s energy future
Axia Energia has launched a group of energy-transition projects in northeastern Brazil, combining solar, wind, battery storage and digital infrastructure in an effort to test technologies aimed at supporting the country's evolving power system.
Brazil renewable funding rebounds
Financing for renewable energy projects in Brazil reached BRL36.3bn ($7.1bn) in 2025, up 10.6% from the previous year, but remained 22% below the record BRL46.3bn registered in 2022, according to consultancy Clean Energy Latin America (CELA).
Nigeria secures $230mn EIB loan to support green and digital SMEs
The European Investment Bank's development arm, EIB Global, has agreed a €200mn ($230mn) financing package with the Development Bank of Nigeria to expand funding for MSMEs in agriculture, renewable energy and digitalisation.
Chile approves $20mn solar-storage project near Calama
Chile's Environmental Assessment Commission (Coeva) has approved the environmental impact declaration for the Valle de las Estrellas solar park with battery storage.
Hynfra and Ohmium to advance green hydrogen projects in Jordan, Oman and Mauritania
Polish developer Hynfra PSA has partnered with US electrolyser manufacturer Ohmium International to advance multi-billion-dollar green hydrogen and ammonia projects in Jordan, Oman and Mauritania.
South Africa's NOA to supply 7GWh of renewable power to tissue maker UPP
South African energy trader NOA has agreed to supply about 7GWh of renewable electricity to tissue manufacturer Universal Paper and Plastics.
China Resources New Energy targets record $3.6bn IPO
China Resources New Energy priced its Shenzhen initial public offering at CNY10.11 per share to raise up to CNY24.5bn ($3.6bn) if its overallotment option is fully exercised, a regulatory filing showed on June 18.
Malaysia gauges small modular reactors for nuclear energy future
Malaysia's energy planners are split over a critical technology fork: deploying cutting-edge Small Modular Reactors (SMRs) or relying on proven Large Conventional Reactors (LCRs)
China secures clean energy with Laos turbine deal
Chinese wind turbine manufacturer Windey (300772.SZ) signed a contract to supply wind turbines for a cross-border electricity project in Laos.
Solar Energy Corporation of India launches 4,800 MWh renewable energy tender backed by storage
India’s state-owned Solar Energy Corporation of India (SECI) has issued a new tender seeking 4,800 MWh of firm and dispatchable renewable energy (FDRE) capacity supported by co-located energy storage systems.
India’s solar capacity reaches 157 GW, accounting for 68% of renewable energy portfolio
India’s installed solar power capacity has climbed to around 157 GW as of May 2026, representing nearly 68% of the country’s renewable energy portfolio and about 29% of total power generation capacity.
Khulna City administrator urges accelerated solar adoption in Bangladesh
Bangladesh’s growing electricity demand can only be met sustainably through greater adoption of solar power, according to Khulna City Corporation (KCC) Administrator Nazrul Islam Manju.
Uzbekistan’s growth ambitions collide with shrinking water supplies
Country's plans to expand agricultural production, industrial output and exports are running into an increasingly uncomfortable and stark reality.
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