REM - Renewable Energy
New Jersey delays third offshore wind solicitation
The New Jersey Board of Public Utilities will release the 1.2-GW Third Solicitation for New Jersey’s Offshore Wind development by January 2023, rather than the previously anticipated September 2022.
EnBW exits US offshore wind, while Invenergy forms investor consortium to support auction win
News is emerging of companies that won tracts in the record New York Bight auction for offshore wind. The winning bids totalled $4.37bn, a record for any offshore energy lease in US history.
Germany to accelerate renewables because of Ukraine war as tender launched for 1-GW offshore wind farm
Germany said it will speed up development of wind and solar energy, given that the country’s reliance on Russian gas is looking uncertain.
Chevron to buy biodiesel company for $3.15bn
Chevron, the US oil and gas supermajor, will buy Iowa-based biodiesel maker Renewable Energy Group for $3.15bn in cash or $61.50 per share.
EDPR clears regulatory conditions for purchase of 91% stake in Southeast Asian solar operator Sunseap
EDP Renewables has completed the purchase of a majority stake in Sunseap Group, the Southeast Asian renewables firm.
AEP to spend $8.2bn on renewables over five years
American Electric Power (AEP), the utility, will spend $8.2bn on utility-based renewable energy projects over the next five years. This will contribute towards wind power additions of some 8.6 GW and solar additions of about 6.6 GW by 2030.
Pattern announces grand opening of largest US renewable energy project
Pattern Energy Group LP has announced the grand opening of its 1.05-GW Western Spirit Wind power facilities in New Mexico. Western Spirit Wind consists of four wind power projects located in Guadalupe, Lincoln and Torrance Counties.
REM: US offshore wind auction nets a record-breaking $4.37bn
The US Treasury has netted an unexpectedly high $4.37bn in the Biden administration’s first offshore wind lease, off the coasts of New York and New Jersey.
AfrElec: Deputy minister says Ghana must take cautious approach to energy transition
Ghana’s Deputy Energy Minister Andrew Egyapa Mercer said on March 1 that Accra should not adopt decarbonisation policies that are so strict that they limit options for the development of hydrocarbons.
Europe is building only half the wind energy needed to reach its energy and climate targets
Europe is building only half the wind energy needed to reach its energy and climate targets in the Green Deal, according to WindEurope’s just-released Annual Statistics 2021.
KGL to carry out green hydrogen assessment for Dominica
Trinidad-based Kenesjay Green Ltd (KGL) said in a recent press release that it had agreed to perform a green hydrogen assessment for Dominica.
Turkmenistan 'accounted for third of methane leaks observed in 2021'
Companies from Poland and Spain will build two wind farms in Serbia
The EU and Africa: on the road to COP27
The EU failed to achieve a number of concrete climate breakthroughs at the recent EU-AU summit, making it difficult for Europe to deliver on its climate change commitments to Africa by the time of COP27 in Egypt in November.
IEA warns more needs to be done to stem rising methane emissions
Methane emissions, the second-largest source of global warming, rose by nearly 5% in 2021, IEA’s Global Methane Tracker showed.
Wind power could provide 2.2mn jobs in developing world as part of green recovery
Wind power has the potential to unlock largely untapped socioeconomic and environmental opportunities in the developing world over the next four years and could provide up to 2.2mn energy jobs in fast-growing economies.
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