REM - Renewable Energy
Federal regulators to probe Texas grid massacre
Federal regulators are investigating the recent deadly Texas grid massacre, in which the deregulated and isolated Texas electricity system ground to a halt because of Arctic temperatures. Texas is usually one of the hottest states in the US.
Floating offshore set to be the next game-changer in Asia
Floating offshore could be the next frontier in wind power development in Asia-Pacific, said Wood Mackenzie, with capex costs set to fall by 40% to average $3mn per MW by 2025-2030.
GE Renewable Energy to build wind farm in Lâm Đồng Province in Vietnam
GE Renewable Energy is to install 15 units of its 4MW-137 wind turbines to the Cau Dat wind farm in Vietnam’s Lâm Đồng Province.
India’s green growth is not enough
India’s solar and wind growth is not fast enough to meet the government’s capacity targets
Energy storage market forecast to double 2021
The global energy storage market is targeting record expansion in 2021, with annual installations set to break through the 10-GW barrier for the first time.
Scatec, Nizam Energy close financing for Pakistan’s 150-MW Sukkur solar project
Norwegian renewable developer Scatec and local partner Nizam Energy have secured a $100mn financial closure for the 150-MW Sukkur solar project in Pakistan’s Sindh Province.
PV addition could rise to 209 GW in 2021: BNEF
Solar PV capacity additions could be as high as 209 GW in 2021, compared with 141 GW in 2020, new research from Bloomberg New Energy Finance forecasts.
SSE Renewables, Acciona team up to target renewables in Spain, Portugal
SSE Renewables, Acciona team up to target renewables in Portugal
Turkey’s Aydem Yenilenebilir Enerji renewable power plants operator applies for IPO
US Environmental Protection Agency backs biofuels industry on refinery waivers
The US federal government announced on 22 February that it will back the domestic ethanol industry regarding controversial waivers given to oil refineries who were being told to blend biofuels into their petrol.
World Bank to provide $36.5mn for second phase of rehabilitation of Tajikstan’s Nurek hydropower plant
Voltalia prepares to build solar park in Albania
Elektroprivreda HZHB plans to build Poklecani wind farm in Bosnia
North Macedonia’s ecologists urged government to stop small HPP projects in protected areas
Croatia’s INA turns to €145mn net loss in 2020
Poland’s photovoltaic energy market to double by 2025
Siemens Gamesa delivers turbines to Djibouti’s 59-MW Goubet wind farm
Siemens Gamesa has this week delivered all the components for 17 of its SG3.4-132 turbines that it will install at its 59-MW Goubet wind farm in Djibouti, despite the challenging conditions caused by COVID-19.
Daystar to seek $100m over three years for West African solar projects
West Africa hybrid solar power solutions provider Daystar Power plans to raise about $100m within the next three years to satisfy existing client demand.
Japan to provide $240mn to boost Egypt’s green reputation
Japan is to provide $240mn of development finance to Egypt in a bid to boost green growth and sustainable development while also combating climate change and helping fund the post-COVID-19 recovery.
AE Solar, Energate ‘to launch Turkey plant in April’
US, Shell to provide $145mn to support Africa’s private power sector
The US Development Finance Corporation (DFC) and the Shell Foundation have signed a partnership to strengthen their investments in renewable energy in Africa and Asia.
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