REM - Renewable Energy
US geothermal sector ripe for technological innovation
The geothermal power sector in the United States is ready for technological innovation, says a new government report.
India’s Vikram Solar to build 1.3-GW PV module plant
India’s Vikram Solar to build a 1.3-GW per year solar PV module manufacturing plant at the Indospace Industrial Park in Chennai, Tamil Nadu State.
Global investors turn to green energy and away from fossil fuels
The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis (IEEFA) said.
Japan raises 2030 green power targets
Japan is to increase its 2030 target for renewables’ share of power generation to 36-38%, up from the current 22-24%, as it looks for ways to meet its 2030 Paris climate targets.
Iberdrola moves into Vietnam with acquisition of Sowitec Vietnam
Iberdrola has acquired Asian green developer Sowitec Vietnam in a move that gives it access to a 550-MW renewables pipeline, including a floating solar project and five onshore wind farms.
ASIAELEC: Siemens Gamesa clinches 322-MW Indian turbine deal
Siemens Gamesa has won a 322-MW turbine supply deal from India’s ReNew Power for the Tondehal wind farm in the southern state of Karnataka.
Ferrexpo launches pilot solar power plant
Estonia’s VKG seeks to construct €800mn pulp mill
Russian Far East revives $200bn tidal power plan
Lithuania's INVL Asset Management sets up renewable energy sub-fund to invest in Poland
ExxonMobil signs up to Scottish CCS project
REM: Wind CEOs warn G20 to “get serious” about renewable energy
Leading CEOs of the global wind industry are calling on G20 members to show leadership in the climate crisis by raising national ambitions and urgently laying out concrete plans for increased wind energy production to replace fossil fuels.
Polish mining equipment maker Famur boosts financing investment in solar segment to PLN500mn
EU gas firms brace for higher carbon costs
First large US offshore wind project to be union-built
The US’s first large-scale commercial offshore wind project will be union-built. The 800-MW Vineyard Wind 1 has entered a project labour agreement with the Massachusetts Building Trades and local union affiliates for construction.
Water stress protests break out in Iran’s southwest
Anger over effects of severe drought add to difficulties and tensions seen over lack of water in Central Asia and Turkey.
EBRD underlines Uzbekistan’s “renewables potential”
bneGREEN: EU carbon guidelines offer relief to Russian exporters
The European Commission has revealed new proposals concerning its Carbon Border Adjustment Mechanism (CBAM), which would regulate carbon certificates for importers to the union.
Thousands of baby flamingos ‘die at Turkey’s Lake Tuz due to climate change and irrigation methods’
Colombia hopes new law will promote investment in hydrogen, alternative energy
Colombia’s government has signalled that it will promote investment in renewable energy and hydrogen production with the adoption of a new energy transition law.
Turkey’s Ford Otosan obtains €650mn syndicated loan led by EBRD for electric vehicle investment
bneGREEN: Drought causes mass livestock die-offs and irrigation water shortages in Central Asia
Studies detect shifts in precipitation patterns in the Tian Shan mountains that supply region with much of its freshwater.
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