REM - Renewable Energy
Record year for clean energy in 2021: BloombergNEF report
Clean energy in the US has continued to grow aggressively, despite the pandemic, supply chain bottlenecks and rising inflation, says a new report by BloombergNEF. The economic recovery has helped boost the sector, says the just-released report.
50Hertz to boost investment in offshore grid connections in the North and Baltic Seas
50Hertz, the electricity transmission system operator, will boost the connection capacity it offers for offshore wind farms from around 1 GW today to more than 7 GW in 2030.
Macquarie-led consortium purchases Reden Solar for $2.7bn
A consortium led by Macquarie Asset Management, in a consortium with British Columbia Investment Management Corporation (BCI) and MEAG, has reached an agreement to acquire Reden Solar.
Early offshore wind farm off The Netherlands to be repowered
Vattenfall and SwifterwinT are to start dismantling the 28 wind turbines that make up the 16.8-MW Irene Vorrink wind farm in The Netherlands, and replace them with two rows of 12 machines totalling 132 MW.
Sonnedix acquires Sun Power Energy with 1-GW pipeline in Poland
Sonnedix, the independent power producer, has bought Sun Power Energy, a solar photovoltaics developer in Warsaw, Poland.
US wind developers installed only 12.9 GW of new capacity in 2021
Wind developers installed about 12.9 GW of new capacity in the U.S. in 2021, according to S&P Global Market Intelligence data. This was a 20% decrease from the record 16 GW of wind capacity that came online in 2020.
China aims to build 450 GW of solar, wind power in Gobi Desert
The Chinese government has announced ambitious plans to build up to 450 GW of solar and wind capacity in the Gobi Desert and other desert locations as it explores ways to meet its 2060 net-zero target.
EU relies on renewables to end Russian gas imports by 2030
The European Commission said on March 8 that renewable energy is to play a more prominent role in its plans to make Europe independent from Russian fossil fuels well before 2030, starting with gas, as a direct result of the crisis in Ukraine.
Biden touts clean energy as he bans imports of Russian oil and gas
President Joe Biden has touted clean energy and energy independence while banning US imports of Russian oil, gas and coal because of Moscow’s invasion of Ukraine.
REM: Europe proposes to ramp up renewables and slash Russian gas imports by 66%
Europe is planning to slash consumption of Russian natural gas by almost two thirds by the end of this year as it ramps up renewable energy to bolster a move towards energy independence.
Canadian Solar signs 381-MW Brazil PPA, Nexans to provide cables for 778-MW wind farm in Peru
Canadian Solar has signed private power purchase agreements with Usinas Siderurgicas de Minas Gerais S.A., committing 50% of the total electricity production of a 381-MWp solar power project in Brazil.
China, India drive rebound in global CO2 emissions
Global energy-related carbon dioxide emissions rose by 6% in 2021 to a record high of 36.3bn tonnes, as coal dominated the world economy’s rebound from the COVID-19 pandemic.
Turkey allocates 2.8 GW in renewables grid capacity
USAID to support renewable energy in Cape Town
The United States Agency for International Development (USAID) is to provide technical assistance to the City of Cape Town to facilitate renewable energy projects and energy efficiency measures in the city.
Siemens-backed Capton Energy aims to develop 1,000 MW of solar
Capton Energy, a new joint venture between Siemens Financial Services (SFS) and Saudi Arabia-based Desert Technologies, has said it aims to acquire a 1,000-MW portfolio of 20-100-MW solar project across Africa, the Middle East and Asia.
Eni, Benin sign agreement on biorefining in agro-industrial sector
Eni and Benin Minister of Agriculture, Livestock and Fisheries Gaston Dossouhoui have signed a co-operation agreement. Under the agreement, they will develop joint initiatives on biorefining in Benin’s agro-industrial chain
Huawei to provide solar, storage tech to Ghana
China’s Huawei Digital Power has signed a strategic cooperation agreement with African PV developer Meinergy to provide a smart PV & energy storage system (ESS) solution for a 1-GW utility-scale PV plant and 500 MWh ESS project in Ghana.
More than two-thirds of Americans support prioritising renewable energy: survey
Some 69% of Americans believe the US should prioritise the development of renewable energy such as wind and solar over the expansion of fossil fuels, according to a new survey by the respected Pew Research Centre.
Wind energy provides a record 53% of Ireland’s electricity
Wind energy provided a record 53% of Ireland’s electricity in February, according to Wind Energy Ireland. This was the highest share of demand ever achieved by wind in Ireland.
Coal producer Peabody enters solar sector with 3.3-GW plan
Peabody Energy Corp, the largest US coal producer, is expanding into solar energy to be developed at former mine sites.
UN, African Energy Chamber aim to boost private investment in African clean energy
The UN and the African Energy Chamber (AEC) have launched the Team-Energy Africa initiative in a bid to mobilise up to $500bn of private financing for the clean energy sector across the continent.
Biden calls for doubling wind and solar in State of the Union
In his 2022 State of the Union address, President Joe Biden has called for doubling wind and solar and for the clean-energy tax credits that were part of his stalled legislative agenda as he warned Russia about its invasion of Ukraine.
Renewable energy players halt new commercial activity in Russia
Several companies with considerable renewable-energy interests are stopping new commercial activity in Russia over the "indefensible war" being waged by Moscow in Ukraine.
EBRD signs MoU with Egypt's government to assess potential of low-carbon hydrogen supply chains
Mongolia to build Erdeneburen hydropower plant
Turkey still lacks plan to phase out coal power following first Climate Council gatheriing
Equinor, bp to turn Brooklyn terminal into major offshore wind hub
Equinor and bp have agreed to turn the South Brooklyn Marine Terminal (SBMT) complex in New York into a major regional hub for US offshore wind.
Completion of Neart na Gaoithe wind farm off Scotland delayed by a year
Completion of the 450-MW Neart na Gaoithe offshore wind farm, currently under construction 15 km off the coast of Fife in Scotland, will be delayed from 2023 to 2024. The new contract for difference start date is June 2024.
Spain’s Ingeteam installs solar inverters in first large-scale photovoltaic plant in North Macedonia
TotalEnergies to partner in floating wind off California
TotalEnergies, the French supermajor oil company, is teaming up with Trident Winds in the Castle Wind offshore joint venture.
SB Energy announces 1.5-GW order with First Solar
SB Energy Global has placed a multi-year order for 1.5 GW of First Solar’s advanced, ultra-low carbon thin-film photovoltaic solar modules.
Norway & UK: ZAR600mn towards South African renewable energy
Norway together with the United Kingdom have committed ZAR600mn worth of investment in the South African renewable energy industry.
EU’s Green Deal plans could replace 50 bcm of Russian gas imports
The International Energy Agency has outlined how the EU could reduce its gas imports from Russia by one third within a year by boosting green energy and reducing consumption.
Uzbekistan plans to go carbon-neutral by 2050
Russia’s hopes of switching oil and gas exports from Europe to China could be dashed by Beijing’s net-zero commitments
Beijing’s commitment to reach net zero by 2060 could reduce the potential for Moscow to redirect its gas and oil exports away from Europe towards China
Marco Polo Marine, F-drones pioneer drones for offshore wind farms
Singapore’s Marco Polo Marine and F-drones have signed a memorandum of understanding to co-develop “the world’s first large-scale, electric aerial delivery drones for offshore wind farms,” as the two companies describe them.
Urgent pivot to adaption finance needed to contain global warming
The IPCC has warned in its latest climate report that the effects of global warming are already widespread, and that some are now irreversible.
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