REM - Renewable Energy
Five major Canadian producers announced this week that they were forming an alliance that will work together to achieve net-zero greenhouse gas (GHG) emissions from the country’s oil sands by 2050.
World Bank loans Turkey $265mn to improve earthquake resilience and energy efficiency of public buildings
The US government has tried to persuade China to bring forward its current 2030 target for peak CO2 emissions, Japanese media reported, although China has rebuffed the request.
Central bank official warns over banks' climate risk, saying 25.4% of non-government credits finance polluting businesses.
Siemens Gamesa has won a contract to supply, install and commission 32 onshore turbines for the 160-MW Balaoi & Caunayan project in the Philippines.
Private finance is crucial if emerging economies are not to be left behind in the race to net zero, the IEA warns
Indonesia is aiming to build 41 GW of new generating capacity by 2030, of which 52% will be fossil fuel-based and 48% renewables.
GE Renewable Energy has secured an 88-MW contract to supply its Cypress turbines for a wind project in Vietnam’s Ninh Thuan Province.
Spain-based Naturgy has launched two new renewable projects totalling 316 MW in Chile – the Cabo Leones II wind farm and the San Pedro solar plant, both in the Atacama desert.
Talks between the White House and Republican negotiators fell apart on Tuesday, with clean energy one of the sticking points. The weeks of discussions faltered over the definition of infrastructure as well as how to pay for it.
Ireland is set for its latest wind boom as EDF Renewables Ireland (ERI) unveiled plans to develop a 100-MW wind farm, while Norway’s Statkraft is preparing bids for six wind farm projects at the next Irish renewables auction.
The world needs a “super steroid” push for renewable energy as well as a second “super steroid push” for new energy technologies, John Kerry, Special Presidential Envoy for Climate, told the Clean Power 2021 virtual summit.
Most commercial banks in North Macedonia aim to increase the share of green loans in their portfolios, central bank survey finds.
Financial services firm Square, Inc. and the bitcoin miner Blockstream are investing $5mn in an open-source, solar-powered bitcoin mining facility at one of Blockstream’s sites in the United States.
Financial services firm Square, Inc. and bitcoin miner Blockstream are investing $5mn in an open-source, solar-powered bitcoin mining facility at one of Blockstream’s sites in the United States.
Energy Storage develops a low-cost, long-duration energy storage unit based on mineral salts, not lithium batteries
Australian energy storage specialist, Energy Storage, has unveiled its next generation low-cost, long-duration, energy storage unit that the company says offers the same sort of performance as hydro, but is completely mobile.
Russia’s Far North region of Murmansk will become a testing ground for “green” technologies as the Kremlin starts to ramp up its efforts to tackle the climate crisis after a slow start.
Danish turbine manufacturer Vestas has signed an agreement with South Korea’s CS Wind for the acquisition of Vestas’ tower manufacturing facility in Pueblo, Colorado in the United States.
The European Commission has selected 72 research and innovation projects that will receive €1bn in funding to support the aims of the Green Deal.
The IEA has said that the road to net zero by 2050 is “narrow but still achievable,” so long as there is no more investment in new coal projects, in order to limit global warming to 1.5C.
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) is considering proposals to allow private companies to buy electricity from state-owned Kenya Power and then sell it on in what could be a major boost for the country’s minigrid sector.
The World Bank Group's Scaling Solar programme has launched 60 MW of solar capacity in Senegal that will offer one of the lowest power prices in sub-Saharan Africa.
North Macedonia's national energy strategy foresees a 66% reduction of greenhouse gas emissions from the energy sector by 2030.
Current coal mine expansion productions now stand at 30% of current, putting at risk the move towards net zero
EBRD provides €2mn loan to North Macedonia’s Ohridska Banka for residential energy efficiency investments
The state-owned refiner is investing in both petrochemicals and hydrogen as it plans for a decline in transportation fuel demand.
REM: EDPR enters Chile with 628-MW wind, solar portfolio
Iron prices have surged to nine-year highs in the post-COVID commodities boom that got underway at the end of last year, but that is now pushing up the cost of carbon for producers and eating into their profits.