REM - Renewable Energy
IRENA warns window of opportunity is closing for net zero by 2050
The technology to reach net zero by 2050 exists, says IRENA, but fast action and 30% more investment is needed.
LOC to provide marine warranty services to Vietnam’s 48-MW Tra Vinh wind farm
LOC, part of AqualisBraemar LOC, has won a contract to provide marine warranty services (MWS) and consultancy to support the development of the first phase of Vietnam’s $104mn Tra Vinh nearshore wind farm.
ACCIONA brings in Korea Zinc to build Australia’s MacIntyre wind farm
Korea Zinc is to take a 30% stake in ACCIONA’s 923-MW MacIntyre Wind Farm venture in Queensland, one of the largest renewable energy projects in Australia.
Indian green capacity reaches 93 GW
Indian renewable energy reached 92.97 GW at the end of February, with a further 50.15 GW under development.
Amazon enters Singapore solar market
Amazon, the world’s largest corporate purchaser of renewable energy, has inked a long-term deal with a solar company in Singapore. Amazon will purchase electricity from 62 MWp of solar panels, to be developed and owned by Sunseap Group.
Deb Haaland confirmed as US Interior Secretary
Deb Haaland, a pro-renewables Congresswoman, has been confirmed as US Interior Secretary. The US Senate voted 51-40 to confirm her to lead the agency, which will play a crucial role in Biden’s fight against climate change.
Turkey’s 1GW solar tender attracts bids of 9GW
Three power plant projects ‘accounting for 10% of Turkey’s planned coal pipeline scrapped’
Poland’s lignite power company ZE PAK continues green shift by securing credit for 70 MW solar power plant
Chapel Hill Denham raises $4.6mn for Havenhill’s mini-grid rollout
Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (NIDF) has raised NGN1.8bn ($4.6mn) to fund Havenhill Synergy’s construction of 22 mini-grids as part of the Nigeria Electrification Project.
Sunfunder closes $70mn Africa-faced solar fund
Nairobi-based solar lender Sunfunder has closed its oversubscribed $70mn fund to finance small-scale renewables and energy storage systems in Africa and Asia.
ENGIE takes majority stake in SA’s Xina Solar One
ENGIE has acquired a 40% stake in Xina Solar One, a 100-MW concentrated solar power (CSP) plant, from Spain’s insolvent engineering company Abengoa, as well as 46% of the operations & maintenance company.
Turkey collecting privatisation bids for 253MW Gebze natural gas plant
Bids also wanted for tender to privatise 26MW Tortum hydro-dam plant.
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