REM - Renewable Energy
Global offshore capacity nearly doubled in 2021: RCG
Against a backdrop of renewed focus on energy security and the transition to low-carbon energies, new research from the UK-based Renewables Consulting Group (RCG) found that global offshore wind development capacity grew 89% in 2021.
bneGREEN: Surprise EU vote postpones carbon market upgrades, carbon border tax
The European Parliament has unexpectedly rejected a proposal to reform and upgrade the European Union's carbon market, including the imposition of a controversial new carbon border tax.
German government: accelerate onshore wind
The German Ministry of Economy and Climate has proposed draft legislation to accelerate onshore wind energy installations to help ease the country’s reliance on Russian fossil fuels. Reaction has been mixed.
Germany’s Oricon to receive state aid in North Macedonia for renewables research project
REM; US Department of Energy to guarantee $504.4mn loan to world’s largest clean hydrogen storage facility
The US Department of Energy has closed on a $504.4mn loan guarantee to the Advanced Clean Energy Storage (ACES) project in Utah, which will be the largest clean hydrogen storage facility in the world.
US Department of Energy to guarantee $504.4mn loan to world’s largest clean hydrogen storage facility
The US Department of Energy has closed on a $504.4mn loan guarantee to the Advanced Clean Energy Storage (ACES) project in Utah, which will be the largest clean hydrogen storage facility in the world.
Ørsted enters Spanish onshore renewables market with solar, wind partnerships
Ørsted has entered four partnerships to pursue early-stage solar and onshore wind projects in the upcoming grid auctions in Spain in mid-2022.
Hydrogen at risk of being the great missed opportunity of the energy transition, says DNV
DNV predicts that the amount of hydrogen in the energy mix globally will be only 0.5% in 2030 and 5% in 2050. But to meet the targets of the Paris Agreement, hydrogen uptake would need to triple to meet 15% of energy demand by mid-century, says DNV.
US renewables company TPI Composites ‘moving to construct $100mn offshore blade factory in Turkey’
Biden administration approves two solar projects on public land in California
The administration of President Joe Biden has green-lighted two solar projects on public land in southern California. They will total 465 MW in solar and up to 400 MW in battery storage, and will be the first to be built in a renewable energy zone.
US grid-scale energy storage market breaks Q1 record
The US electricity storage market established a new record in the first quarter of 2022, with grid-scale installations totalling 2,399 MWh, the highest capacity for any Q1 on record.
US solar industry: Q1 was worst quarter since 2020
In Q1, America’s solar industry had its lowest quarter of installations since the start of the coronavirus pandemic, according to a new report.
Istanbul-listed Garanti completes ESG-linked USD/TRY option transaction with Bank of America
China sending mixed signals on coal use
Kremlin set to deprive Russian climate activist Makichyan of citizenship
Russian climate activist Arshak Makichyan, a close associate of Greta Thunberg, is set to be deprived of his Russian citizenship as the Kremlin tightens the screw on anti-war protestors.
Kyrgyzstan imports 299 electric vehicles in 1Q22
Albania to create Vjosa national park, blocking hydropower development
The Vjosa is one of the last wild rivers in Europe and environmental groups have been campaigning to have it made a national park to prevent it being exploited for hydropower.
South Africa load-shedding can be stopped by 2024 with immediate 'drastic' interventions, Meridian Economics says
South Africa: Meridian Economics report says load-shedding can be stopped by 2024 with immediate “drastic” interventions
TotalEnergies launches biodiversity programme linked to Ugandan oil project
TotalEnergies has launched a biodiversity programme that aims to conserve sensitive ecosystems in and around the Murchison Falls Conservation Area in Uganda.
Zurich-listed ABB to convert Istanbul-listed Nuh’s diesel mining trucks to battery electric
UN stresses green issues are key to reducing poverty and boosting sustainability
#bneGREEN: #UN stresses #green issues are key to reducing poverty and boosting #sustainability
US launches $8bn programme for clean hydrogen hubs
The US Department of Energy (DoE) released a notice of intent on June 6 to fund the Bipartisan Infrastructure Law’s $8bn programme to develop clean hydrogen hubs (H2Hubs) across the country.
Source: Brazilian producers can sustain 2% increase in biodiesel content of trucking fuel
ABIOVE has reportedly said that Brazil’s inventories of vegetable oil are big enough to raise the amount of biodiesel blended into the diesel fuel used by truckers to 12%.
NGC seeks to create hydrogen-based economy
Trinidad and Tobago’s state-owned Natural Gas Co. (NGC) is working with its subsidiary National Energy and independent consultancy Kenesjay Green Ltd to create a sustainable hydrogen-based economy.
Zimbabwe electricity access rate 53% in 2020, Rural Electrification Agency hard at work
Indonesia proposes classifying coal technology as low-carbon
The Indonesian government has proposed classifying coal bed methane, coal liquefaction and coal gasification as sources of "new energy" in a new law intended to promote renewable energy.
The Fourth Russia – Green Ukraine
The energy crisis that has wracked Europe since the EU began to cut itself from Russian energy five years ago has had a silver lining. It has driven the transfer to renewables much faster than anyone could have hoped, nowhere more than Ukraine
Europeans set higher decarbonisation targets to rescue continent’s security
A total of 19 European governments have accelerated their decarbonisation policies in response to a combination of the COVID-19 pandemic, the gas crisis and Russia’s invasion of Ukraine.
EU to use €2.4bn of carbon credit cash to fund green projects in CEE
The EU’s Modernisation Fund is to provide €2.4bn raised from the proceeds of the EU Emissions Trading System (ETS) to seven Central and East European countries to help them meet their 2030 climate and energy targets
Energy efficiency: a central pillar of meeting green targets
Energy efficiency must play a central role in meeting the world’s emissions reduction and renewables energy targets.
AfDB seeks increased Chinese investment in Africa’s renewable energy sub-sector
He further revealed that the bank has been increasing investment for renewable energy projects to harness some of the potentials.
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