REM - Renewable Energy
Private equity fund Amber backed by EBRD and EU acquires Armenian solar plant operator Solis
UK’s Gravitricity unveils pioneering underground hydrogen storage plans
UK energy storage specialist Gravitricity has revealed plans to add hydrogen and heat storage to its underground gravity energy system.
Enel Green Power commissions wind farm in Sicily
Enel Green Power Italia (GPI) has commissioned a wind farm in Partanna, Sicily. The wind farm, located in Contrada Magaggiari in the Trapani province, comprises six 2.4-MW wind turbines, with a total capacity of 14.4 MW.
World needs immediate and massive deployment of green tech to fight climate change
World needs immediate and massive deployment of green tech to fight climate change
BP, Iberdrola and Enagás to develop green hydrogen project in Spain
BP, Iberdrola and Enagás have agreed to study the feasibility of building the largest green hydrogen project in Spain’s Valencia region at the BP refinery in the El Serrallo industrial estate in Castellón.
Chinese consortium to finance solar project in Brazil
China's CDIL and CMEC have announced that they have entered into a development agreement for the engineering, procurement, construction and financing of a 1,100-MW photovoltaic project in Port Açu and additional locations in Brazil.
Ørsted wins planning approval for German offshore wind farm
Denmark’s Ørsted has been granted planning approval from Germany’s Federal Maritime and Hydrographic Agency (BSH) for the 242-MW Gode Wind 3 offshore wind farm.
Total seeks stake in Taiwan wind farm
Total has signed an agreement with Germany-based wpd to acquire a 23% stake in Yunlin Holding, which owns the 640-MW Yunlin offshore wind farm, located off the coast of Taiwan.
California governor’s budget includes $20mn for offshore wind, $110mn for green hydrogen
California Governor Gavin Newsom has announced a revised budget for the next fiscal year that includes $20mn for offshore wind and $110mn for green hydrogen.
Momentum for renewables continues to build in America
Project developers in the US installed nearly 40% more wind power in the first three months of 2021 compared with the first three months of 2020, according to the American Clean Power Association.
Debate over LNG bunkering heats up
The debate over the future of LNG as a marine fuel has intensified after the World Bank dismissed its potential to help decarbonise shipping.
PM Zaev says North Macedonia to focus on energy transition and investments in renewable sources
Lukoil oil spill headed towards the Barents Sea
An oil spill in the Komi Peninsula is four to five times bigger than initially thought, and may flood into the Barents Sea on Russia’s north-eastern coast if unchecked, environmentalists warned on May 17.
Global warming will open up Russia’s Far North to agriculture over next two decades
The global climate crisis has a silver lining for Russia at least. Over the next two or three decades large swathes of Russia’s frozen northern regions will become warm enough to grow crops.
EIB to fund solar power projects in Croatia
Nigeria’s Starsight Energy moves into East Africa
Nigeria’s Starsight Energy has announced its acquisition of a 50% stake in the East African operations of Commercial and Industrial (C&I) solar power provider, Premier Solar Group.
Kenya to set up emissions trading system
Kenya is close to setting up an emissions trading system in a bid to limit the release of greenhouse gases.
ACWA Power begins construction of 100-MW Redstone CSP project
Saudi Arabia’s ACWA Power has announced the start of construction at the 100-MW Redstone CSP project in South Africa after reaching financial close.
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