REM - Renewable Energy
Biden administration to probe claim against SE Asian assemblers of solar components
The Commerce Department on March 28 announced a probe into solar panels imported from four Southeast Asian countries over the possibility that the panels are circumventing tariffs imposed to protect domestic US manufacturing.
Shell UK to invest up to GBP18.75bn in renewables and low carbon
Shell UK has unveiled plans to invest GBP20bn ($26.3bn) to GBP25bn in the UK energy system over the next 10 years. More than 75% of this – or up to GBP18.75bn – is intended for low and zero-carbon products and service.
UK energy strategy held up, to be released April 5
The UK’s new energy strategy has been held up over a row within the Cabinet over onshore wind planning and funding for highly controversial nuclear plants.
REM: Trudeau unveils C$9.1bn plan to meet 2030 carbon targets
Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.
Trudeau unveils C$9.1 bn plan to meet 2030 carbon targets
Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.
Ferrero Rocher, Nutella producer's main hazlenut supply chain 'faces risk of collapse due to climate change in Turkey'
Slovak innovation agency opens tender for construction of facilities for green hydrogen production
Uzbekistan wants 15% of car market electric by 2030
Ireland's Avolon and Turkey's Gozen to pioneer 'flying taxi' services in heavily congested Istanbul
Avolon among launch customers for up to 1,000 zero-emission electrical vertical takeoff and landing (eVTOL) aircraft being developed by New York-listed Vertical Aerospace.
Ørsted to divest 50% ownership stake in its 1.3-GW Hornsea 2 for GBP3bn
Danish offshore wind developer Ørsted has agreed to divest a 50% ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium consisting of AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.
Poland to update its long-term energy strategy
South Africa court rules clean air is a constitutional right
A court in South Africa (SA) has made a landmark ruling that clean air is a constitutional right, reports moneyweb.
North Carolina 1.3-GW offshore wind auction to be held on May 11
The US Bureau of Ocean Energy Management (BOEM) has prepared two new lease areas for final auction off the North Carolina coast. The federal agency released a final sale notice and set an auction date for May 11.
US grid-scale storage market to face headwinds up until 2024
Wood Mackenzie forecasts that supply chain pressures and delays within the interconnection queue of grid-scale storage in the US processing will persist up until 2024.
Massachusetts port to become US offshore wind hub
The Port of New Bedford in Massachusetts will add another base of operations and terminal logistics facility to support offshore wind projects off the state and elsewhere on the North-Eastern coast seaboard.
Albania to hold monthly car-free days as fuel crisis bites
The move was motivated by both environmental concerns and – more urgently – the need to reduce fuel consumption at a time when prices have risen sharply, sparking a series of protests.
TRIG raises GBP277.3mn for Hornsea 1
The Renewables Infrastructure Group (TRIG) has raised GBP277.3mn ($366mn) in funds through a share issue for completing the purchase of Hornsea 1 and for repaying debt drawn under a revolving credit facility.
Rhode Island plans to procure 600 MW of offshore wind
Governor Dan McKee of Rhode Island is backing new legislation which would require a procurement of approximately 600 MW of newly developed offshore wind capacity.
Norway’s 1.5-GW Utsira Nord to be allocated based on qualitative criteria
The Norwegian government has confirmed that the 1.5-GW Utsira Nord floating offshore wind zone will be allocated to developers based on qualitative criteria that expedite technology development, not with an auction.
UK's Kibo Energy acquires 100MW solar farm in Zimbabwe
AfDB announces $2.8bn investment in South Africa, including for renewable energy transition
The African Development Bank President, Akinwumi Adesina, has pledged the banks support for SouthAfrica by announcing a $2.8 billion package over a period of 5 years.
Think-tanks say total halt to EU Russian gas imports possible by 2025
The EU stands a good chance of replacing 100% of its gas imports by 2025 without resorting to coal or new gas import infrastructure.
IEA warns against “weaponising” fossil fuels
The International Energy Agency has warned that weaponising fossil fuels threatens the stability of the global energy system, and that pushing forward to energy transition is the best way to achieve energy security.
Singapore, Indonesia sign climate change partnership
Singapore and Indonesia have signed a climate partnership focused on clean technology research and creating an international carbon market.
China’s solar, wind capacity reaches 330 GW
China’s installed wind and solar capacity grew by 17.5% year on year to 330 GW during the first two months of 2022, according to official data released by the National Energy Administration (NEA).
Greenpeace petitions handed in to 10 Downing Street demand UK stop using Turkey as plastic waste 'garbage dump'
Mitsui invests €575mn to take 27% stake in Mainstream
Japan’s Mitsui & Co is to invest €575mn in Aker-owned Mainstream Renewable Power in a bid to finance the global green developers drive to expand its footprint in the Americas, Africa, Asia-Pacific and Europe.
Africa faces challenges for energy transition
The International Energy Agency has highlighted that Africa faces both major challenges and huge opportunities as it transitions towards clean energy, allowing the continent to bypass traditional fuels and infrastructure.
Solar Tyme USA seeks to raise $1.75mn for solar microgrids in Sierra Leone
Georgia-based Solar Tyme USA aims to raise $1.75mn to build a 200-kW solar microgrid power plant in Kumala and a 50-kW solar system power plant in Liro, Sierra Leone.
Follow us online