REM - Renewable Energy
China-built Khizi–Absheron wind farm comes online as Azerbaijan expands renewables
The wind farm was developed by ACWA Power, with PowerChina acting as the main contractor. ACWA Power’s project director, Ibrahim Adar, is quoted as saying the plant will save around 220mcm of natural gas annually.
Vietnam leads Southeast Asia in power system scale
Vietnam’s power system has grown to become the largest in Southeast Asia, reflecting a broader shift in the country’s energy structure towards greener and more sustainable development
Vietnam grants sea areas for offshore wind surveys in Haiphong and Lam Dong
Vietnam’s Ministry of Agriculture and Environment has approved the allocation of more than 63,800 hectares of maritime space in Haiphong and Lam Dong to state-owned energy groups
EU probes arbitration award ordering Bulgaria to pay €61mn to renewable investor
The European Commission has opened an in-depth investigation into an arbitration award ordering Bulgaria to pay compensation to ACF Renewable Energy Limited, to assess whether the measure breaches EU state aid rules.
Masdar and Octopus Energy sign MOUs for UK and Africa renewables push
Abu Dhabi-based Masdar and UK power group Octopus Energy have signed two MOUs to jointly develop renewable energy projects in the UK and across Africa, targeting solar, wind and battery storage as part of their global decarbonisation strategies.
Turkey’s Togg outlines plan to boost production to 60,000 EVs in 2026
Fuat Tosyali, chairman of Turkish electric vehicle (EV) brand Togg, has announced that the automaker aims to produce 60,000 or more vehicles in 2026 and 100,000 in 2027.
Africa solar capacity tops 63GW as Chinese imports reveal hidden growth
Africa’s installed solar capacity may already exceed 63GW, nearly three times official estimates, after AFSIA analysed Chinese module export data. The findings suggest the continent was the world’s fastest-growing solar market in 2025.
Chile's Toesca secures $325mn for battery storage, solar portfolio with DNV advisory
Independent energy consultancy DNV, which is of Norwegian origin, assisted in arranging $325mn in project financing for T Power, a renewable platform overseen by Chilean asset manager Toesca
Kuwait to sign MoU with KOC for Al-Ratqa power plant development
Kuwait’s Ministry of Electricity, Water and Renewable Energy is set to sign a memorandum of understanding (MoU) with Kuwait Oil Company (KOC) for the development of the Al-Ratqa power and steam generation plant.
Guyana plans three large-scale solar parks totalling 15 MW
Chinese firm Bluesun wins contract to build 26MW solar project in Zambia
Kiyona Energy (Kiyona) of Zambia has selected Bluesun Solar Zambia (Bluesun) to build a 26-megawatt (MW) solar farm in the southern African country.
UK and AfDB extend $1bn climate guarantee for South Africa
The UK government and the African Development Bank (AfDB) have extended a climate-linked $1bn debt guarantee to South Africa, preserving a $400mn municipal funding programme that risked lapsing if the facility had expired.
Japanese court clears continued operation of Genkai nuclear reactors
Japan’s Fukuoka High Court has rejected a legal challenge brought by around 300 residents seeking to suspend operations at two reactors at Kyushu Electric Power’s Genkai nuclear power station in Saga prefecture.
Finnfund backs Indian green lender with $12mn loan
Finnfund has agreed to provide a $12mn senior secured loan to Mufin Green Finance, an Indian non-banking financial company focused on financing low-carbon and income-generating assets.
Finnfund backs Transvolt in India’s heavy EV push
Finnfund has agreed to invest $15mn in Transvolt Mobility, strengthening efforts to electrify heavy commercial transport in India as the country accelerates its shift towards cleaner mobility.
Sri Lanka’s solar curtailment costs grid 4mn units of power a day
Sri Lanka’s national grid is losing an estimated 4mn units of electricity each day due to the continued disconnection of solar power plants, highlighting mounting strains in the country’s renewable energy sector
Colombia's Ecopetrol, Invemar expand caribbean ecosystem partnership
Colombia’s state-controlled oil producer Ecopetrol and the marine research institute Invemar have signed a new cooperation agreement to deepen scientific research and conservation efforts across marine and coastal ecosystems
Indonesia moves to open battery precursor plant at Setangga SEZ
Indonesia has taken another step in its mineral downstreaming agenda with the inauguration of a battery precursor materials facility operated by PT Anugerah Barokah Energi Baru at the Setangga Special Economic Zone in Tanah Bumbu
Rio Tinto reports copper production surge at giant Oyu Tolgoi mine in Mongolia
Anglo-Australian mining giant Rio Tinto (ASX, NYSE, LON: RIO) has reported a surge in copper production at the underground expansion of its giant Oyu Tolgoi mine in Mongolia.
EU has lost urgency on energy security, EDP chief says
Four years after the outbreak of the war in Ukraine, the EU has lost the sense of urgency needed to strengthen its energy security.
Colombia launches first long-term power auction requiring 8%-10% renewable supply
Colombia's Energy Ministry published draft regulations establishing the nation's inaugural long-term electricity contracting mechanism, mandating 15-year supply agreements commencing January 2030 for power distributors
Turkey’s installed power capacity and electricity consumption hit record highs in 2025
Turkey’s total installed electricity capacity rose to 122,519 megawatts by the end of December, according to a statement from the Energy and Natural Resources Ministry.
NORAD grants Africa-focused renewable energy developer Axian $1mn for investment in African projects
Africa-focused renewables developer Axian Energy (Axian) has received a $1mn grant from the Norwegian Agency for Development Cooperation (NORAD) to finance early-stage activities at projects in four African countries.
UK launches GBP15bn Warm Homes Plan to cut energy bills across Britain
Britain unveils £15bn Warm Homes Plan to upgrade five million homes with solar panels and heat pumps, aiming to lift one million families out of fuel poverty by 2030 whilst creating 180,000 green jobs.
Europe’s last wild rivers shrinking fast as Balkans lose 2,500 km of pristine waterways
Wild rivers in the Balkans are being steadily eroded by hydropower and infrastructure development finds new study commissioned by Riverwatch and EuroNatur.
Zambian college signs MoU with Vision Hitech of China to build 20MW solar farm
Zambia’s Kafue Gorge Training Centre (KGTC) has started building the first phase of a 20-MW solar project, which is expected to be completed by December this year.
Kazakhstan’s “de facto” uranium nationalisation looks like “spectacular own goal”, says investor
Canadian exploration company Laramide pulls out of project, arguing economic case for FDI no longer exists.
Pakistan's power generation rises nearly 9% in December
Pakistan’s power generation climbed to 8,487 GWh in December 2025, registering an 8.8% year-on-year increase from 7,800 GWh in the same month a year earlier
Brazil’s Petrobras backs first biorefinery
Petrobras plans to invest BRL6bn ($1.11bn) to convert its Riograndense refinery in southern Brazil into the country’s first biorefinery, company president Magda Chambriard said.
“Green” charging stations providing more electricity to EVs than “non-green” in Turkey
Turkey’s electric vehicle (EV) charging network closed 2025 with some notable growth. What’s more, renewable energy-powered stations supplied the bulk of electricity consumed by drivers.
Ukraine’s OKKO Group eyes biogas expansion and land growth by 2030
Ukraine’s OKKO Group, one of the country’s largest fuel traders, plans to sharply expand its agricultural footprint and develop biogas production by the end of the decade as it deepens vertical integration beyond its core fuel retail business.
South Africa may turn to banks or bonds to help achieve Eskom decarbonisation, says energy minister
South Africa is struggling to access more than $13bn pledged by Western partners to support Eskom’s decarbonisation, as the financing terms are too costly, Energy Minister Kgosientsho Ramokgopa says.
Malaysian Khazanah to boost investment in power infrastructure and semiconductors
Malaysia’s sovereign wealth fund, Khazanah Nasional Bhd, plans to channel additional capital into strengthening the country’s electricity system and supporting domestic semiconductor companies
Singapore’s ambition for hydrogen power faces cost and supply chain barriers
Singapore’s plan to source up to 50% of its electricity from hydrogen by 2050 is facing major obstacles, with high costs and underdeveloped supply chains emerging as key challenges
ABB ships first India-made wind power converter
ABB on January 19 announced the dispatch of its first wind power converter manufactured in India following the acquisition of Gamesa Electric’s power electronics business in December 2025
Oman solar project reaches financial close with $880mn in new funding
The Sultanate of Oman is rapidly transforming into a global hub for green technology through the development of large-scale renewable energy infrastructure.
AM Green begins work on India’s largest green ammonia and hydrogen complex
AM Green Group has taken a significant step in India’s clean energy transition with the start of construction on the country’s first and largest green ammonia and green hydrogen complex at Kakinada in Andhra Pradesh
Solar panel prices in Pakistan jump due to higher import costs
Solar panel prices in Pakistan have risen sharply in recent weeks, driven by higher global raw material costs and strong demand, pushing up the prices of imported Chinese modules across local markets
Equinor’s eastern ambitions: navigating opportunity and adversity in South Korea
In late 2025 and early 2026, local media reported that Equinor missed a key deadline to finalise an agreement necessary for state backing of the Firefly/Bandibuli project.
New UAE gas agreement strengthens energy ties with India
A landmark energy partnership was solidified between the UAE’s integrated gas processing powerhouse, ADNOC Gas PLC, and India’s Hindustan Petroleum Corporation, signed during the state visit of UAE President to India.
Turkey plans to open first offshore wind farm tenders by end of year, says Tureb head
Turkey is planning to open its first offshore wind farm tenders by the end of 2026, says Ibrahim Erden, president of the Turkish Wind Energy Association (Tureb).
Brazil courts China energy cash
Brazil has restarted efforts to attract Chinese investment into its energy sector, the government said after talks in Beijing, according to officials from the Ministry of Mines and Energy.
UAE’s GSU acquires 51% of Kyrgyzstan-focused run-of-the-river hydro company 40Capital
Laos, Thailand and Malaysia boost regional power integration
Laos, Thailand and Malaysia have taken a further step in strengthening regional electricity cooperation with the signing of a new agreement aimed at expanding cross-border power trade in South East Asia
SAPVIA raises concerns over planned unbundling of South Africa’s national power utility
The South African Photovoltaic Industry Association (SAPVIA) has expressed concerns about the revised unbundling strategy for the state-run power utility Eskom.
India’s IREDA lends $22.5mn for 100MW solar project in Zambia via subsidiary
India’s state-owned renewable energy lender IREDA, through its offshore arm IGGEFIL, has approved a $22.5mn green loan to Swarna Solar to develop a 100MW solar power project in Zambia, marking the group’s first international lending deal.
Philippine energy firm allots $2bn to triple power capacity
Citicore Renewable Energy Corp. (CREC) has earmarked approximately $2bn for capital expenditure to accelerate its infrastructure development.
Indonesia steps up decarbonisation push with nationwide expansion of EV charging network
Indonesia is accelerating its decarbonisation efforts by rapidly expanding public electric vehicle (EV) charging infrastructure, with state-owned utility PLN set to deploy hundreds of charging stations nationwide by the end of 2025
Vietnam’s EVN advances LNG power plans with $1.13bn loan
Vietnam’s state-owned power utility, Electricity of Vietnam (EVN), has secured a major financing package to support the construction of a large liquefied natural gas (LNG) power facility
Chinese technology powers Myanmar’s growing solar market
Myanmar’s solar energy sector is gaining momentum, with Chinese technology playing an increasingly prominent role in addressing the country’s persistent electricity shortages
Sales of new cars in Uzbekistan rise 5% in 2025
Egyptian Kemet signs $500mn deal with China’s Suzhou to build 5GW solar manufacturing complex
Serbia to channel 40% of EU growth funds into energy sector
Of the €56.5mn allocated to Serbia from the EU’s Instrument for Reforms and Growth, about €21mn will support measures aimed at modernising the country’s energy system.
Hinduja Renewables plans $4bn push Into wind and storage
Hinduja Renewables Energy is preparing a significant expansion of its clean power portfolio, with plans to invest about $4bn to lift installed renewable capacity to 10 GW over the coming years.
Brazil solar capacity tops 20 GW as investment slows
Brazil has exceeded 20 gigawatts of installed capacity in large-scale solar plants, according to a survey by the Brazilian Photovoltaic Solar Energy Association (Absolar).
Tajikistan hedging its Rogun bet, exploring solar options
Is Dushanbe making tacit admission that mega-dam project may not pay off?
Kazakhstan hopes to resolve electricity shortfall by 2027
Kazakhstan expects to fully resolve its domestic electricity shortfall by 1Q27 and move toward a sustained power surplus by 2029.
Philippine's Marcos outlines green energy vision at UAE Summit
Addressing the Abu Dhabi Sustainability Week on January 13, President Ferdinand Marcos Jr presented a comprehensive strategy to overhaul his nation's power sector through international cooperation.
India's Andhra Pradesh state power company explores Small Modular Reactor option
Andhra Pradesh Power Generation Corporation is working to diversify its energy mix to meet the state’s power requirements while reducing its carbon footprint, with early-stage plans to introduce nuclear power through a Small Modular Reactor
Sri Lanka launches 50-MW Mannar wind project
Sri Lanka has formally launched construction of a 50-MW wind power project in Mannar as part of its national strategy to achieve net-zero carbon emissions by 2050
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