REM - Renewable Energy
Private jets emitted more climate pollution than all Heathrow Airport flights in 2023
A new analysis from the International Council on Clean Transportation reveals that emissions from private jets reached up to 19.5mn tonnes of greenhouse gases in 2023 – marking a 25% rise over the past 10 years.
The beginnings of the climate crisis were detectable 130 years ago
A group of climate experts has suggested that, with the benefit of today's instruments, early signs of human-induced climate change could have been detected nearly a century and a half ago.
Vestas to sell turbines to Eurowind for Romanian projects
Danish wind turbine manufacturer Vestas has received an order for 143-MW turbines by Danish renewable energy company Eurowind Energy for three wind projects in Romania, it said in a press release on its website.
Russian hydropower major RusHydro fail to approve dividends
Previously RusHydro board proposed two options: either paying RUB0.076 per share dividend, implying a 16.4% yield, or skipping payouts entirely. The company last paid dividends for 2022.
Iran ramps up renewables to 2,000 MW, eyes 30,000 MW by 2028 amid summer power crunch
Iran has boosted its renewable electricity generation capacity by nearly 67% after bringing around 800 MW of new capacity online over the past 11 months, as the government of President Masoud Pezeshkian pushes ahead with a major green energy drive.
South Africa gets $475mn AfDB loan to support its low carbon ambitions
The African Development Bank (AfDB) has granted a $474.6mn loan to South Africa to advance the country's transition to a low-carbon economy.
Mexico to host world's largest ultra-low carbon methanol plant with $3.33bn investment
Mexico will become the global epicentre for ultra-low carbon methanol production with construction of Pacífico Mexinol, the country's first facility of this type, according to Transition Industries Chief Executive Rommel Gallo
Battery delay risks Brazil’s green grid
Brazil’s national grid could see renewable energy spills averaging 8% over the next decade, with the Northeast expected to face the highest levels at 11%, compared with 2% in the Southeast and Midwest.
Turkey’s annual solar panel production capacity reach 50 GW versus 4-5 GW of domestic demand
Despite the excess capacity, Turkish panel producers are not able to export their output. The Chinese producers sell 1-MW panels for $90-100,000 in Europe while Turkish producers’ costs stand at $150-160,000 per MW.
Acciona to sell major wind farm in Peru to Luz del Sur for $253mn
Spanish energy firm Acciona Energía has agreed to sell the San Juan de Marcona wind farm in Peru to local utility Luz del Sur for up to $253mn.
Slovak opposition accuses government of siding with Hungary in ending Gabčíkovo-Nagymaros dispute
Slovak opposition parties accused the left-right cabinet of Prime Minister Robert Fico of securing favourable terms for Hungary by bringing the long-standing Gabčíkovo-Nagymaros hydroelectric power plant System dispute to an end.
IESR: Indonesia’s islands can achieve 100% renewable energy by 2050 with strategic planning
Indonesia’s geographical makeup offers a unique advantage in advancing its energy transition, according to the Institute for Essential Services Reform (IESR)
Singapore’s $100bn bet on a regional green grid offers rare investment opportunity
Singapore is undergoing a profound transformation of its energy system, shifting from fossil fuels toward becoming Southeast Asia’s renewable energy nexus
Malaysia's Maxis accelerates green push with solar, EV integration and emissions cuts
Maxis Berhad is ramping up its environmental sustainability efforts through enhanced solar adoption, cleaner operations, and greener networks, in line with Malaysia’s National Energy Transition Roadmap target of 70% renewable capacity by 2050
Brunei eyes 30% renewable energy by 2035, kickstarts REC market to meet ambitions
Brunei is laying the groundwork for a Renewable Energy Certificate (REC) market as part of its drive to achieve 30% renewable energy in its power mix by 2035
Juniper commissions 145.99 MWp Chapalgaon solar project in India's Maharashtra
Juniper Green Energy has announced the early commissioning of its 145.99 MWp (100 MW) solar power project in Chapalgaon, Maharashtra.
Azerbaijan and World Bank sign $173.5mn green energy loan to support grid integration of renewables
Azerbaijan and World Bank sign $173.5mn green energy loan to support grid integration of renewables
Cuba eliminates customs duties on solar imports as blackouts intensify
Cuba's Ministry of Finance and Prices has introduced comprehensive customs duty exemptions for photovoltaic systems and renewable energy equipment.
Short-term forecast for global offshore wind downgraded, says industry report
The Global Wind Energy Council has downgraded its short-term forecast by 24% for 2025-2029 compared with its prediction last year.
North Macedonia signs €350,000 EBRD grant to develop national electric vehicle strategy
North Macedonia’s Transport Minister Aleksandar Nikoloski signed a €350,000 grant agreement with the EBRD to support the creation of the country’s first National Strategy for Charging Electric Vehicles and Infrastructure.
UAE’s Global South Utilities to build 50MW solar plant in Madagascar, eyes 250MW expansion
Ecuador partners with Spain's Cox to develop major pv energy projects
Ecuador's government has awarded Spanish multinational Cox eight major photovoltaic projects totalling over 600 MW of installed capacity, paired with more than 1,200 MW of battery storage.
Zelestra signs deal for Chilean hybrid solar and storage project
Energy company Zelestra has secured $282mn in green financing for its Aurora hybrid solar and storage project in Chile's Tarapacá region, the company announced in a press release.
Spain's grid operator rejects blame for Iberian blackout, France shuts down NPP as Mediterranean waters too hot to cool reactors
Spain’s electricity grid operator Redeia has defended the company’s handling of the Iberian blackout in April caused by extreme weather conditions, but now France’s biggest utility company was forced to shut down reactors on June 30.
Hungarian energy firm Alteo strengthens circular economy portfolio with new deal
Alternative energy company Alteo has completed its acquisition of waste management firm Eltex from Global Refuse Holding, the Budapest-listed group partly owned by MOL, it announced on June 30.
Indika Energy secures $376mn loan to back gold mining pivot and debt refinancing
PT Indika Energy (INDY) has secured a IDR6.1 trillion ($376mn) multicurrency loan from four leading banks to refinance existing obligations and accelerate development of its Awak Mas gold project in South Sulawesi,
Sri Lanka generates 72% of electricity from renewables in June
Sri Lanka’s Ceylon Electricity Board (CEB) has said that 72% of the country’s electricity was generated from renewable sources during June 2025
Greenergy Philippines approves $1.7mn loan to fuel Winsun’s expansion
Greenergy Holdings Inc., a sustainability-focused investment firm in the Philippines, has approved a loan worth PHP100mn (roughly $1.7mn) for its wholly owned subsidiary, Winsun Green Ventures Inc.
Zimbabwe's large electricity users seek $350mn for 1,000-megawatt floating solar project
Colombia advances 250-MW solar project, country's largest solar park in the department of Cesar
Colombia's energy ministry has initiated technical evaluations for the Upar solar facility, a 250-megawatt photovoltaic development positioned to become the nation's largest renewable installation.
Turkey to specify sustainable aviation fuel mandates
Turkey has decided to specify mandates for airlines and jet fuel suppliers as it pushes to hike the uptake of sustainable aviation fuel (SAF), the country’s civil aviation authority has announced on its website.
Petrobras backs Brazil biofuel boost
Brazil’s plan to raise biofuel blending rates could help cut petrol imports and aligns with Petrobras’ own initiatives, the company’s industrial processes head William Franca said.
Africa-focused IPP Globeleq achieves commercial close on 153-MW Red Sands BESS project in South Africa
Africa-focused independent power producer Globeleq and South Africa’s renewable energy platform African Rainbow Energy have reached commercial close on the 153-MW/612-MWh Red Sands battery energy storage system project in South Africa.
Iran launches 100 MW solar plant, breaks ground on two more as part of renewables push
Iran’s energy minister brought onstream a 100-megawatt solar farm in the central province of Markazi and broke ground for two more major solar power stations in the same region, as the country steps up efforts to tackle electricity shortages.
Brazil lifts biofuel blends
Brazil will raise ethanol and biodiesel blending rates in fossil fuels from August 1, the Mines and Energy Ministry said.
China's Jinko and Greece's Metlen to deploy energy storage systems across Chile
Jinko ESS, the energy storage division of Chinese solar giant JinkoSolar, has signed a strategic framework agreement with Greece's Metlen Group to deploy over 3 GWh of energy storage systems across Chile and Europe.
South Africa’s NRWDI to build radioactive waste storage facility for Koeberg NPP
South Africa’s National Radioactive Waste Disposal Institute (NRWDI) is working on preliminary designs for a Centralised Interim Storage Facility (CISF) at the Vaalputs site in the Northern Cape.
Argentina launches National Census of the Photovoltaic Solar Sector
Argentina's Chamber of Renewable Energy (CADER) announced the launch of the National Census of the Photovoltaic Solar Sector, performed in collaboration with the National Institute of Industrial Technology.
COMMENT: Critical minerals pose new test for global energy security
As the world’s energy system transforms at unprecedented speed, so too must our understanding of energy security. While governments continue to focus on securing supplies of traditional fuels, new critical mineral vulnerabilities are emerging.
Kazakhstan to sign intergovernmental deal with Russia on nuclear power plant by end of 2025
Kazakhstan plans to sign an intergovernmental agreement with Russia for the construction of its first nuclear power plant by the end of 2025, Interfax reported on June 27, citing the chairman of the Central Asian country's Nuclear Energy Agency.
Mumbai-based Waaree Energy secures 540-MW solar module supply order in the US
Mumbai-listed Waaree Energies Ltd, through its wholly owned subsidiary Waaree Solar Americas, has won a contract to supply 540 megawatts (MW) of solar modules to a prominent US-based developer
Sri Lanka’s solar battery costs inflated by high taxes
Sri Lanka’s renewable energy industry has raised concerns over steep taxes on batteries used for solar power, arguing that these charges make energy storage systems significantly more expensive compared to other countries
Singapore hits record renewable energy share amid surge in solar and imports
Singapore increased the proportion of renewable energy in its electricity mix to a record high in May, driven by a sharp rise in domestic solar generation and a continued uptick in clean electricity imports
Indonesia and China’s battery plant set for 2026 launch amid EV push
A lithium-ion battery facility jointly developed by Indonesia Battery Corporation and China’s CATL is scheduled to begin operations by late 2026, according to an official from Indonesia’s energy ministry.
Kirishima solar plant to shift to FIP scheme with battery storage by 2027
Kyocera TCL Solar, a partnership between Tokyo Century and Kyocera, is preparing to install a 15MW/60MWh battery energy storage system (BESS) at its 20MWAC/25.1MWDC Kirishima Mega Solar facility in Kagoshima.
Moldova secures €200mn investment in first large-scale renewable energy auction
Moldova will receive investments worth €200mn over the next three years following its first public tender for large-scale renewable energy projects resulting in the installation of 165 MW of new wind and solar capacity.
Central Asia becoming one of world’s regions most vulnerable to droughts, says OECD report
Confirmed trends show Central Asia is becoming one of the world’s regions most vulnerable to drought, the latest OECD Global Drought Outlook says.
Brazil’s regulator issues licence for Equinor’s gas Raia deepwater project
Brazil's environmental regulator Ibama issued last week the Preliminary License No. 678/2025 for Norway’s subsidiary Equinor Energy do Brasil's gas Raia deepwater project.
Uzbekistan to expand small hydro with $150mn of World Bank support
Uzbekistan is to launch a small hydropower initiative backed by $150mn in concessional financing from the World Bank.
Denmark urges Europe to stay the course on green transition amid climate goal backlash
Denmark’s energy and climate minister Lars Aagaard has warned European governments not to waver on climate commitments, as Brussels prepares to unveil a new 2040 emissions target facing growing opposition from within the EU.
Europe swelters in historic heatwave
Record-breaking temperatures for the time of year are likely to occur across a large part of western Europe in the coming days as a historically unprecedented heatwave intensifies.
South Africa's electricity minister rejects conflict of interest claims in energy projects tender awards
South Africa's Minister of Electricity and Energy has defended a recent selection of a local independent power producer (IPP) as preferred bidder in the public procurement of battery energy storage systems (BESS) in the country.
Angola's Sonangol signs cooperation agreements with MIT on oil, gas and critical minerals
Angola’s national oil company (NOC) Sonangol and US-based Massachusetts Institute of Technology (MIT) have signed two agreements to strengthen cooperation and knowledge transfer in oil, gas and critical minerals sectors.
BASF Argentina signs nationwide renewable energy deal with Genneia
BASF Argentina has signed a seven-year renewable energy agreement with Genneia to power its production operations across Argentina, marking another significant step in the German chemical giant's decarbonisation strategy.
Renewable energy in East Timor: a nation at the crossroads
East Timor’s renewable energy sector is evolving, yet remains nascent. Though the nation has secured full electrification and committed to ambitious climate targets, reliance on diesel and infrastructure limitations continue to impede progress.
Bangladesh’s renewable energy ambition needs regulatory clarity, private investment
Bangladesh’s new Renewable Energy Policy sets ambitious targets of sourcing 20% of its electricity from renewables by 2030 and 30% by 2040.
ACEN and UPC Renewables start construction on 540-MW renewable energy projects in India
ACEN, the Philippines-based Ayala Group’s listed energy platform, in partnership with Delhi NCR-based UPC Renewables, has commenced construction of two renewable energy projects in India
Khmelnytskyi plans €35.8mn waste-to-energy plant to cut gas use
The Ukrainian city of Khmelnytskyi is preparing to build a €35.78mn combined heat and power plant powered by fuel derived from waste, as part of its long-term drive to reduce reliance on natural gas.
Singapore’s Bastion Mining succeeds with takeover bid for ASX-listed, Mongolia-focused copper and gold explorer Xanadu Mines
Singapore’s Bastion Mining has won control of ASX-listed Xanadu Mines, a Mongolian-focused copper and gold explorer, takeover correspondence posted on Xanadu’s website showed on June 24.
Turkey leads Europe in installing hydropower capacity
Turkey was top of the pile in Europe last year for adding hydropower capacity. It added 241 megawatts, according to a report from the International Hydropower Association (IHA).
Chile's ENAP and Belgium's Fluxys enter MoU to advance hydrogen operations
In a press release obtained by IntelliNews, Belgian energy infrastructure company Fluxys Chile and Chile's state-owned ENAP have signed a memorandum of understanding to jointly explore hydrogen infrastructure opportunities in the Magallanes region.
Angola, US to advance cooperation in developing oil and gas, critical minerals and renewable energy
Angola’s Minister of Mineral Resources, Oil and Gas Diamantino Azevedo and US Secretary of Energy Chris Wright met on June 11 in Washington, D.C. to discuss cooperation in the oil and gas, critical minerals and renewable energy sectors.
Argentina's solar capacity soars to new heights
Argentina's solar energy sector has reached a significant milestone, with installed photovoltaic capacity hitting 1,933 MW by May 2025, according to the latest monthly report from the Wholesale Electricity Market Administration Company.
Kazatomprom warns US probe into critical minerals could mischaracterise Kazakh uranium exports
Kazatomprom, Kazakhstan’s state nuclear company, has submitted a formal response to the US Department of Commerce amid an American national security investigation into processed critical minerals and their derivatives,
Gas Malaysia partners with UK’s Levidian to trial methane-to-hydrogen LOOP technology
Gas Malaysia Bhd (KL:GASMSIA) has signed a memorandum of understanding (MoU) with British climate technology firm Levidian to explore the deployment of Levidian’s LOOP system in Malaysia and the surrounding region
Pakistan’s power generation hits 9-month high in May
Electricity generation in Pakistan rose sharply to 12,755 GWh in May 2025, marking a month-on-month increase of over 21% from April’s output of 10,513 GWh
World Bank approves $150mn programme to support Sri Lanka’s clean energy transition
The World Bank has approved a $150mn programme to support Sri Lanka’s transition to clean, reliable, and affordable energy, the World Bank said in a press release.
Rooppur nuclear plant in Bangladesh clears key reactor containment test
The containment of the reactor compartment at the first unit of the Rooppur Nuclear Power Plant (RNPP) in Pakshey, Ishwardi, has successfully passed integrity and strength tests ahead of nuclear fuel loading
East Asia’s regional embrace of nuclear power sees Taiwan sitting alone in the corner
In a baffling turn, Taiwan, long a technological and economic powerhouse, has allowed populist politics to sideline science and logic.
Germany’s Nordex Group secures 160-MW wind turbines order in Turkey
Germany’s Nordex Group said on June that it has received an order in Turkey from Yellice Uretim, a subsidiary of Efor Holding, for the supply and installation of 23 N163/6.X wind turbines with a total capacity of 160 MW.
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