REM - Renewable Energy
US government bans some solar products from China due to alleged forced labour
The Biden administration has banned products used in solar panels from a company in China’s Xinjiang region over allegations of forced labour. China has blasted the action and denied the slave labour charges.
Biden’s bipartisan infrastructure plan is a “generational investment”
President Joe Biden has touted a nearly $1 trillion infrastructure deal struck with a bipartisan group of senators as a “generational investment” that would advance the country’s electricity grid as well as old bridges and water lines.
ASIAELEC: Asia’s coal proposals could threaten Paris goals
Coal is set to be more expensive than renewables, making green energy a better bet financially and environmentally.
New Jersey awards nearly 2.66 GW of offshore wind to EDF/Shell and Ørsted
The New Jersey Board of Public Utilities has selected a combined 2,658 MW of offshore wind bids for EDF/Shell’s Atlantic Shores Offshore Wind and Ørsted’s Ocean Wind II.
MDB climate finance reaches $66bn in 2020
Multilateral development banks (MDBs) provided $66bn of climate finance in 2020, up from $61.6bn in 2019.
Hydro’s elderly turbines need fresh investment to contribute to net zero
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says
China’s Hengtong delivers cabling to Vietnam’s Hiep Thanh and Tra Vinh V1-2 wind farm
Chinese submarine cable manufacturer Hengtong has delivered the 35-kV cables and accessories for Vietnam’s Hiep Thanh and Tra Vinh V1-2 nearshore wind farms.
REM: US government launches environmental review of 2-2.3 GW offshore wind project off New England
The US Bureau of Ocean Energy Management (BOEM) has launched an environmental review of the construction and operations plan for the massive Vineyard Wind South offshore wind project off the north-eastern US.
Georgia's Khudoni dam project in question as investor agreement likely to be terminated
EU to propose adjustments to emissions trading
Preem tests renewable gasoline at Lysekil refinery
Massachusetts lawsuit alleging Exxon climate deceit to proceed
ExxonMobil Corp.'s attempt to have a climate lawsuit brought by the state of Massachusetts dismissed has been denied. The state accuses the oil company of misrepresenting the risks and impacts of climate change to investors and customers.
Swedish firm Svevind to install 45GW of wind and solar farms for hydrogen production in Kazakhstan
Uzbekistan looks at compensating oil and gas shortfalls with solar, wind and hydroelectric
Erdogan launches Kanal Istanbul construction despite chorus of environmental protest
Mega infrastructure has estimated cost of $65bn but critics say it's not needed. Observers see it as revenue spinner for backers of ruling party.
Carbon’s emerging costs
The cost of joining the global movement towards net zero is not yet fully known, and both governments and corporations with the highest levels of both greenhouse gas emissions and energy intensity face the highest costs for carbon.
Adenia acquires South African solar distributor Herholdt’s
Adenia Partners, a private equity firm investing in Africa, has acquired a majority stake in Herholdt’s, a leading distributor of solar systems and low-voltage electrical products in South Africa, its first acquisition in the country.
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