REM - Renewable Energy

Scatec solar seals investment guarantee deal for Egypt’s Benban

The World Bank’s Multilateral Investment Guarantee Agency (MIGA) is to support Scatec Solar’s six new solar plants with 390 MW of capacity at Egypt’s Benban Solar Park.

Saudi oil surge and the threat to the energy transition

The Saudi-led oil glut leaves the energy transition and decarbonisation efforts hanging in the balance

Eskom declares force majeure on IPP wind

Eskom has declared force majeure on power supplies from wind IPPs

Renewables growth set to be lost in 2020

The previously ambitious growth forecasts for solar and wind for 2020 now face being wiped out

China aims for massive 60-GW solar panel factory

China’s GCL System Integration Technology (GCL-SI) is to spend $2.5bn on constructing a 60-GW capacity solar module factory

Vestas signs 363 MW of Chinese turbine deals

Vestas has announced three major turbine deals in China in the last week amounting to a combined 363 MW

Japan misses chance to cut emissions ahead of COP26

Japan has failed to commit to more emissions reductions in its NDC, while insisting it is on course to meet its 2030 commitments

Eni launches commercial production at new Badamsha Wind Farm in Kazakhstan

Turkey adds nearly 690 MW of installed wind capacity in 2019

Renewvia Energy brings in strategic investor for off-grid solar in Kenya and Nigeria

Renewvia Energy brings in strategic investor for off-grid solar in Kenya and Nigeria

Scatec Solar begins to feel the impact of COVID-19

Scatec Solar is starting to feel the operational impact of COVID-19

Global wind growth hit by COVID-19

The global wind sector added 60.4 GW of new capacity in 2019, 19% more than 2018 installations, with 6.1 GW added offshore.

Russia rolls out a low-carbon strategy to 2050

Rolls-Royce and Turkey’s EUAS International agree to study applicability of mini nuclear reactors

Global power demand falls 15%

The current global COVID-19 crisis has highlighted how much the modern economy relies on electricity, the IEA has claimed.

Fred Olsen confirmed as installer of MHI Vestas turbines at CIP’s Changfang and Xidao wind farm

Fred Olsen Windcarrier is to install 62 MHI Vestas turbines at the Changfang and Xidao (CFXD) wind farms off Taiwan

Indian Energy Minister allows green projects to invoke force majeure

India’s Ministry of New and Renewable Energy (MNRE) has allowed wind and solar projects hit by COVID-19 to invoke force majeure clauses

Ex-head of Kazatomprom released from prison