REM - Renewable Energy

Philippines announces moratorium on new coal power

The Philippines has imposed a moratorium on the licensing of new coal power plants, with Philippines Energy Secretary Alfonso Cusi saying that renewables would now drive the country’s energy future.

Wind, solar to dominate by 2050, but fossil fuels persist

Wind and solar PV will meet 56% of world electricity demand by 2050, BloombergNEF found in its 2020 New Energy Outlook (NEO).

Ørsted suffers wind delays in US but continues expansion

Ørsted said in its recent quarterly earnings update that its pipeline of four US offshore wind farm development projects would be further delayed.

RWE Renewables awarded contract for Spain’s DemoSATH offshore wind experiment

RWE Renewables and Saitec Offshore Technologies have awarded a manufacturing contract to Spain’s Ferrovial to build the SATH floating offshore wind platform as part of the experimental DemoSATH project.

South Korea commits to net zero

South Korea has joined Japan and China is setting the 2050 carbon neutral target

Vestas wins 50-MW onshore turbine order in Vietnam

Vestas has secured a 50-MW turbine order from local Vietnamese developer Ia Bang Wind Power Joint Stock Company.

Australian green hydrogen project eyes industrial consumers

Uzbek president says half of country's power plants worn out

Chinese investor building Moldova’s biggest PV park

Hungary's feed-in tariff auction for renewables draws record interest

Fitch rates Uzbekhydroenergo at 'B+' with Stable Outlook

Repsol, other European refiners look towards biofuel as solution

Montenegro expands capacity of Brisla Gora solar plant

Kazakhstan to produce 1,200 electric vehicles in 2021 and 2,000 in 2022

Azelio, JET ENERGY to roll out solar storage tech in Africa

Sweden’s Azelio has signed a memorandum of understanding (MoU) with Morocco-based JET ENERGY to explore energy storage projects with Azelio’s TES.POD technology in Francophone Africa.

Start-up for Iran's first geothermal power plant approaching says official

Engie, OffGridBox to pioneer solar container project in Rwanda

France’s Engie and African solar-kit provider OffGridBox are to work together to supply electricity, drinking water and Wi-Fi in Rwanda by uniting their expertise in decentralised energy and container-based solar systems.

Scatec Solar raises African exposure with acquisition of SN Power

Norway’s Scatec Solar has bought SN Power, a leading hydropower developer and IPP, from the Norfund in a $1.16bn deal that gives it access to 1.4 GW of hydro assets in Uganda, the Philippines and Laos.

Green energy leapfrogs fossil fuels for first time in Europe

Renewables accounted for more electricity than fossil fuels in the European Union for the first time ever in the first half of 2020, according to data from the think-tank Ember.

Egypt begins work on 2,000-MW wind complex

Egyptian Electricity and Renewable Energy Minister Mohamed Shaker said that work had begun to build 2,000-MW of new onshore wind capacity in the Red Sea Governorate, adding that 500 MW had already been earmarked for development by Siemens.

Merit SI completes solar plant for Enbridge compressor station

Houston-based sustainable infrastructure company Merit SI announced last week that it had completed construction on a solar power plant that will directly help power a compressor station on a natural gas pipeline.