REM - Renewable Energy
US Wind unveils 1.2-GW offshore wind farm plan off Maryland
The American developer US Wind has unveiled plans for a huge 1.2-GW wind project off Maryland. The Momentum project, if built at 1,200-MW, would come online in 2027 and 2028.
Bellingcat finds climate change may have played role in triggering Tajik-Kyrgyz border clashes
Satellite imagery shows seasonal rains “slowed to a trickle”, with time-lapse imaging showing “thick, dense fields in 2019 followed by sparse, patchy land in 2020”.
AsiaElec: Copenhagen Infrastructure Partners to invest $100mn in Indian renewables
Danish fund managers Copenhagen Infrastructure Partners (CIP) is to invest $100mn in 1.7 GW of green energy projects in India together with its partner Amp Energy India.
AfrElec: Siemens Gamesa installs first turbine at Djibouti wind farm
Siemens Gamesa has installed the first turbine at the 59-MW Goubet wind farm in Djibouti
Far more energy infrastructure needed to reach net-zero emissions in 2050
The US Senate may be close to debating a $550bn infrastructure bill that includes money set aside for the grid, but far more will likely have to be invested to achieve President Joe Biden’s goal of net-zero greenhouse gas emissions by 2050.
Haggling on bipartisan infrastructure bill under way as some details emerge
US lawmakers may vote this weekend on a $550bn bipartisan infrastructure bill in the Senate and are currently bargaining over hundreds of amendments. Details are so far scant, and changing fast as lawmakers wheel and deal.
Strong public financing pushes renewable investment to new high
New investment in renewable energy reached $174bn in the first half of 2021, 1.8% lower than in the first half of 2020, BloombergNEF (BNEF) said, as investment in renewables withstood the effects of the global pandemic.
ADB to lead efforts from Prudential, Citi, HSBC and BlackRock to speed up coal closures in Asia
The Asian Development Bank has persuaded Prudential, Citi, HSBC and BlackRock to accelerate the closure of coal-fired power plants across Asia in order to rein the generating sector’s emissions.
REM: Two US companies seek extended tariffs on solar imports
Two small US solar manufacturers have petitioned the government to extend tariffs on solar imports that were imposed by the Trump administration.
EBRD provides €5mn to Sparkasse Bank Makedonija for household energy efficiency projects
Gazprom Neft joins Russian hydrogen consortium
'Huge methane plume detected in Kazakhstan in July traced to Central Asia-China gas pipeline'
Fitch assigns Turkish renewable energy producer Aydem RES final IDR of 'B+' with stable outlook
Two Bulgarian coal-fired plants suspected of underdeclaring emissions, OCCR report says
Record 26 GW of clean power brought online in US in 2020
A record 26 GW of wind, utility-scale solar and battery storage came online in 2020, according to the American Clean Power Association’s new 2020 annual report. This brought clean power in the US to a cumulative total of 170 GW.
UK reportedly eyes delay to gas boiler ban
Turkey evacuates thousands of tourists amid hellish wildfire scenes
Heat intensity of infernos measured with satellite data reportedly four times higher than anything on record for the nation.
Kosovo’s Bajgora wind park may soon start operations
SEC boss says climate risk rules to be proposed by year end
Gary Gensler, chair of the Securities and Exchange Commission (SEC), has said that he prefers mandatory disclosure on climate risk and that he has asked agency staff to develop a rule by the end of 2021.
KenGen aims to build 682 MW of geothermal in four years
Kenyan state generator KenGen aims to install 682 MW of new geothermal capacity over the next four years in a bid to meet rising demand and achieve a new source of cheap electricity.
IRENA points to resilient and sustainable potential of offshore wind
Offshore wind has the potential to accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system.
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