REM - Renewable Energy
Trump moves to repeal foundation of US climate change regulation
The Trump administration is moving to dismantle one of the foundational pillars of federal climate policy: the Environmental Protection Agency’s 2009 so-called ‘endangerment finding’
Cox presents €4bn offer to acquire Iberdrola's Mexican assets
Spanish renewable energy and water group Cox has submitted an offer to acquire Iberdrola's Mexican assets for approximately €4bn ($4.69bn), marking the Spanish utility's definitive withdrawal from the Mexican market, pv magazine reported
Iberdrola's Mexico exit reflects global strategy shift as Cox bids €4bn for assets
Spanish utility Iberdrola's planned Mexican asset disposal primarily reflects the company's global investment focus shift rather than regulatory uncertainty, Mexican Wind Energy Association president Gerardo Pérez Guerra stated
Paraguay unveils bold green hydrogen strategy to power industrial growth and secure energy future
Paraguay launches a national green hydrogen strategy with 1 GW electrolysis target by 2030, aiming to decarbonise industry and transport.
Chile to face renewable energy surplus by 2035
Bayer seals deal with MSU for Argentine solar plant
Bayer has signed a 10-year power purchase agreement with MSU Green Energy to supply solar electricity to its María Eugenia plant in Rojas, Buenos Aires province.
Strongest earthquake in Kamchatka since 1952 triggers tsunami alerts across Pacific
The strongest earthquake since 1952 hit Russia’s Kamchatka peninsula sending a 4m high tsunami towards Hawaii and triggering alarms across the Pacific on July 30.
Indonesia launches Net-Zero Summit to reinforce climate leadership amid global uncertainty
The Foreign Policy Community of Indonesia (FPCI) has officially kicked off the Indonesia Net-Zero Summit (INZS) 2025, calling for bold climate action as the nation navigates global geopolitical friction, economic headwinds and rising disinformation
Indonesia’s green growth plan faces pushback amid environmental concerns
Indonesia’s Coordinating Ministry for Economic Affairs defended its “Asta Cita” framework as a model of balanced development during the Indonesia Net-Zero Summit 2025, with Deputy Minister Elen Setiadi asserting that industrial growth and environment
Norway launches ambitious effort to store Europe’s industrial carbon emissions under the North Sea
Supported by Shell, Equinor, TotalEnergies, and the Norwegian state, the sequestration initiative—called Northern Lights—has opened the world’s first dedicated carbon shipping terminal
SAEL commissions 50-MW solar plant in India's Maharashtra state
SAEL Solar RE Power Private Limited, a wholly owned subsidiary of SAEL Industries Ltd., has commissioned a 50-MW (AC) solar power plant in Beed district, Maharashtra.
Fukushima nuclear plant faces fresh delay in debris removal
The operator of the damaged Fukushima Daiichi nuclear facility has announced that large-scale removal of melted fuel debris will be pushed back until at least 2037.
Global push for small modular reactors accelerates amid surging energy demands
Industry advocates see the current wave of SMR development as different from past efforts that failed to take off.
INVL Renewable Energy Fund I secures €29mn loan for 71-MW solar project in Romania
The INVL Renewable Energy Fund I, managed by INVL Asset Management, has signed a €29.3mn loan agreement with Vienna-based Kommunalkredit Austria AG to finance the construction of 71 MW of solar power plants in Romania.
Court hears Uzbek group attempted to sell nuclear bomb material uranium on black market
National security officials world over are anxious to quickly shut down any such sales.
US clean energy sector faces major setbacks under Trump’s new policies
Recent policy changes introduced by President Donald Trump are rippling through the US renewable energy sector, with wind and solar industries reporting severe slowdowns in investment and project development.
EDF Power Solutions aims to bring 2.5 GW of renewable energy online in South Africa by 2030
EDF Power Solutions, a unit of French energy giant EDF, has announced a plan to add about 2.5 gigawatts (GW) of new projects in South Africa over the next five years.
Trump fast-tracks deep-sea mining in hunt for critical mineral supplies
The Trump administration has also moved to fast-track seabed mining in international waters following an executive order issued in April by President Donald Trump, bypassing multilateral regulations in what has been called a "gold rush."
Ukraine moves to boost energy resilience and cut green tariff debt
Ukraine’s government has approved new measures to revitalise the country’s war-strained energy sector, including the simplification of procedures for restoring gas transportation infrastructure and power lines.
Vietnam strengthens nuclear safety and security culture ahead of first power plant
Vietnam is taking careful yet determined steps to develop a robust culture of nuclear safety and security, with the goal of bringing its first nuclear power plant online by 2030.
Cox submits €4bn bid for Iberdrola's remaining Mexican assets
Spanish renewable energy and water company Cox has tendered an offer worth approximately €4bn ($4.69bn) for Iberdrola's remaining Mexican assets, El Confidencial reported
Iran faces new heatwave as 12 stations record temperatures above 50°C
Iran is experiencing a new heatwave beginning July 29, with more than 12 weather stations recording temperatures above 50°C (122°F) in the past 24 hours, according to the country's meteorological service.
Recent floods across Asia kill hundreds, leave devastation in their wake
From South and Southeast Asia to Central and East Asia, communities have been grappling with flash floods, landslides and glacial lake outbursts as warming temperatures and shifting monsoon dynamics fuel increasingly erratic weather.
Indonesia’s B50 biodiesel ambitions in doubt amid supply and sustainability concerns
Indonesia’s plan to launch a 50% palm oil-based biodiesel blend (B50) in 2026 is now facing serious uncertainty due to concerns over feedstock supply and production infrastructure
Japan targets domestic breakthrough in advanced solar cell production
Japan’s Ministry of Economy, Trade and Industry is set to back large-scale local production of next-generation solar technology, focusing on perovskite-based cells.
Tata Power acquires 40% stake in Bhutan’s Khorlochhu Hydro Power project
Tata Power has announced the completion of the first tranche of its strategic investment in Khorlochhu Hydro Power Limited (KHPL), acquiring a 40% equity stake in the Bhutan-based hydropower company.
Death toll in Turkey’s wildfire crisis rises to at least 17 on July 28
The death toll from Turkey’s month-long wildfire crisis increased to at least 17 on July 28.
UN climate chief calls on Australia, Turkey to end wrangle over who will host COP31 summit
United Nations climate chief Simon Stiell on July 28 called on Australia and Turkey to find an end to their long-running wrangle over who will host next year's COP31 climate change summit.
Hydrogen map tracks Brazil’s $81bn bet
Brazil is host to 111 green hydrogen-related initiatives with a combined announced investment of approximately BRL454bn ($81bn), according to the Green Hydrogen Initiatives Map released this month by consultancy firm Clean Energy Latin America.
Poland targets 52% renewables share by 2030 in new energy strategy
Poland plans to increase the share of renewables in electricity production to 51.8% by 2030 and 79.8% by 2040 under its ambitious energy transition scenario, according to the latest draft update of the national energy and climate plan (KPEiK).
Uzbekistan inks agreements with China for battery storage and wind power projects
Uzbekistan has signed a series of agreements with Chinese companies to accelerate the country’s renewable energy development. One commitment is for a major battery storage project in the capital, Tashkent.
Croatia’s INA signs €170mn loan deal with domestic banks
Croatian energy company INA-Industrija nafte (INA) has signed a €170mn long-term loan agreement with a consortium of four leading domestic banks to support its strategic and green investment plans.
Wildfires strain emergency services in Albania
Wildfires continued to sweep across southern Albania on July 28, prompting the evacuation of several villages and mobilising hundreds of emergency workers as authorities struggled to bring dozens of blazes under control.
South Africa's electric vehicle fleet to grow to 25,500 by 2030, report projects
South Africa's passenger electric vehicle fleet is projected to have grown to 25,456 vehicles by 2030, 0,3% of the expected passenger vehicle population in that country.
Iranian wealth fund to invest $2.3bn in solar energy
Iran’s Economic Council has approved a plan for the country’s sovereign wealth fund to invest $2.3bn in solar energy, as the government seeks to diversify its power mix and ease the growing strain on the electricity grid.
Extreme heat slams Middle East amid growing regional climate emergency
Summer 2025 has turned the Middle East into a furnace. Across Syria, Iraq, Iran, Kuwait and Saudi Arabia, temperatures have surged past 50°C, prompting power cuts, water shortages and silent protests in some of the world’s hottest cities.
UN adviser urges Ghana to scale renewable energy deployment as oil markets become risky
At a briefing in Acca on July 23, representatives from the United Nations Global Compact and the Ocean Centres Initiative urged Ghana to do more to attract clean energy investment by reducing economic and regulatory risks.
Nasdaq-listed Eco Wave Power inks deal for possible path-breaking wave energy power plant in South Africa
Argentina launches public consultation for YPF solar farm
Argentina's National Electricity Regulatory Authority has launched public consultation for YPF's El Quemado solar farm in Mendoza province, marking the first major renewable project approved under the government's RIGI regime.
South Africa: Eskom budget quote delay holds up investment in renewables in Mpumalanga coal belt
South African renewable energy firm Seriti Green has received a budget quote from the national power utility Eskom, which the company applied for in February 2021. This delay in obtaining collaboration from Eskom held up a ZAR5bn ($276mn) investment.
South Africa gets $475mn African Development Bank loan to back green growth
South Africa and the African Development Bank (AfDB) have signed a $475mn loan agreement aimed at supporting the implementation of the Just Energy Transition (JET) in the continent's biggest carbon emitter.
Iraq shuts down as temperatures soar above 53°C
Iraq has topped the list of countries with the world's highest temperatures, with several Iraqi cities recording temperatures exceeding half the boiling point.
COMMENT: China’s mega-dam won’t power the economy
China has started work to build the world’s biggest hydroelectric dam in Tibet as part of its drive switch its power generation to renewables, but analysts say the plan won’t make a big difference.
Renewables account for 6.8% of Kazakhstan’s electricity output in first half of 2025
Renewable energy sources contributed 6.81% of Kazakhstan’s total electricity generation in the first half of 2025, Qazaq Green reported on July 24, citing data from the Ministry of Energy.
Energy under siege: How conflict between Thailand and Cambodia threatens regional power security
Though the border clashes began as a political and territorial confrontation, their ripple effects could severely disrupt energy production, especially in areas near the conflict zone where solar installations lie exposed.
Indonesia secures $1.3bn in green energy investment under JETP
Indonesia has secured $1.3bn (IDR21.2 trillion) in renewable energy funding through the Just Energy Transition Partnership (JETP), with an additional $6bn (IDR97.7 trillion) currently in the pipeline, signalling growing momentum
NTPC Green Energy signs MoU with India's Bihar state for renewable and battery storage projects
NTPC Green Energy Limited (NGEL) has signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company Limited (BSPGCL) to jointly set up renewable energy and battery energy storage in Bihar.
Taiwan urged to pass law on nuclear waste site selection
Environmental advocates have presented a legislative proposal to establish clear guidelines for choosing locations to store high-level radioactive waste in Taiwan, urging swift government action.
Thousands evacuated in Bursa province as Turkey’s battle against wildfires continues
Towering flames engulfed trees in proximity to homes in Turkey’s fourth largest city Bursa and smoke covered the sky over the city on July 27 as the country’s battle against wildfires intensified in some localities.
Tajik Geological Survey announces discovery of rare earth metals tantalum and niobium
The Tajik Geological Survey on July 24 announced the discovery of large deposits of rare earth metals tantalum and niobium.
50° “edge of survival” heat hits Turkey for first time in recorded history
“This is climate change, and it’s accelerating,” say weather experts. President, meanwhile, refers to “truly great disaster” facing country as wildfires spread.
Croatia’s Končar signs €18.5mn tram deal with Osijek
Per capita CO₂ emission in China now match those in the UK, says OWID
When I was born in the 1990s, the average carbon dioxide emissions in the United Kingdom were about six times higher than in China, but these trends have converged in my lifetime, Our World in Data reports.
IPCC releases dire sixth climate update in run-up to COP30
“Any further delay in global action to slow climate change and adapt to its impacts will miss a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all”.
Namibia, South Africa progress talks towards construction of green hydrogen pipeline between them
Namibia and South Africa are concluding a twinning agreement on a green hydrogen pipeline to connect production and export facilities in both countries, and possibly a consumption hub in the latter.
Mobi Solar brings 2.5 MW solar power to XentroMall in the Philippines through first retail PPA
Mobi Solar Philippines has signed its first Power Purchase Agreement (PPA) with a retail mall operator, marking a significant step in the country’s renewable energy efforts.
Indonesia urged to link MRT expansion with carbon trading to maximise climate impact
The expansion of Indonesia’s mass rapid transit (MRT) and public transportation systems represents a significant opportunity to cut emissions, but requires integration with a formal emissions trading system (ETS) to unlock its full climate value
Sun Village and Marubeni launch turnkey battery storage projects in Japan
Japan’s push to stabilise its power grid and increase renewable energy capacity has accelerated demand for large-scale battery energy storage systems (BESS).
European Investment Bank disburses initial $100mn to Enel Colombia solar ventures
Enel Colombia has received an initial $100mn disbursement from the European Investment Bank for advancing construction of two significant solar installations, according to regulatory filings submitted to Colombia's financial watchdog.
Italy's Enel secures $100mn EIB finance for Colombian solar expansion
Enel Colombia last week drew $100 mn from a European Investment Bank credit facility to underwrite the development of two major solar parks on the northern coast, the company disclosed in its securities filing.
Strike breaks out at construction site where Russia is building Turkey’s first nuclear power plant
Rosatom blames unpaid wages on “unfriendly countries” blocking project funds. Launch of first reactor years behind schedule.
Iberdrola hires Barclays to offload $4.7bn renewable portfolio in Mexico
Spanish energy giant Iberdrola has mandated investment bank Barclays to dispose of 15 renewable energy facilities in its Mexican operations, Reuters reported, citing sources with knowledge of the matter.
Iraqi PM officially launches Shams Al-Basra solar power project in partnership with TotalEnergies
Iraqi Prime Minister Mohammed Shiaa al-Sudani officially launched the implementation phase of the Shams Al-Basra solar power plant on July 23, a landmark project expected to generate 1,000 MW of clean electricity.
ICJ declares healthy environment is a human right in landmark climate ruling
The International Court of Justice (ICJ) has issued a historic advisory opinion recognising a clean and sustainable environment as a human right, declaring that states which fail to curb emissions may be in violation of international law.
South Africa selects Scatec, Red Rocket to build solar projects to generate 1,290 MW
South Africa has approved six solar projects under the seventh bid window of its Renewable Energy Independent Power Producer Procurement Programme.
Earth overshoot day is already long past – Statista
July 24 marks this year's Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year, Statista reports. That day has already long passed.
South Africa’s utility Eskom ordered to pay over $55mn to Framatome in Koeberg NPP dispute
South Africa’s state-owned power utility Eskom has been ordered by the Western Cape High Court to pay nearly ZAR1bn ($55mn) to French company Framatome over delays in replacing steam generators at the Koeberg nuclear power plant.
Egypt to launch first El-Dabaa nuclear reactor in H2 2028, says PM Madbouly
Egyptian Prime Minister Mostafa Madbouly announced that the first reactor of the El-Dabaa Nuclear Power Plant will officially start operations in H2 2028.
Iranian state-linked holding to invest $15mn in solar energy development
A leading Iranian investment firm plans to pour in IRR13 trillion (nearly $15mn) in renewable energy production through its subsidiaries, as part of efforts to alleviate the country’s worsening power shortages.
Philippines and Taiwan join forces to boost green energy and smart grid development
The Philippines boosts its renewable energy shift via a partnership with Taiwan. Through DTI, PTIC Taipei, and MECO, a Joint Development Agreement was signed between Shinfox Energy and ComClark Network and Technology Corporation.
Taiwan strengthens clean energy push with power from new offshore wind farms
Danish renewable energy leader Ørsted has successfully generated first power from its 920-megawatt Greater Changhua 2b and 4 offshore wind farms.
Pakistan’s rooftop solar boom unsettles debt-laden power sector
Pakistan is undergoing a quiet but significant energy transition as more households opt for rooftop solar installations to reduce dependence on the national grid.
China’s BYD reportedly to delay mass production at new EV factory in Hungary in favour of earlier ramping up of output at Turkey plant
China’s BYD Auto is to delay mass production at its new electric vehicle (EV) factory in Hungary until 2026 and start making cars earlier than expected at a new plant in Turkey where labour costs are lower, Reuters has reported.
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