REM - Renewable Energy
In the UK, the latest renewables auction has secured almost 11 GW of renewable energy at record low prices. That is enough to power some 12mn homes, said the government.
The European Parliament has voted that nuclear power and some forms of low-carbon natural gas can be classified as ‘green’. This could lead to billions of dollars of state subsidies and private investment for the energy sources.
German lawmakers have approved a major package of reforms to boost renewable energy as the chancellor, Olaf Scholz, warns that Germany has too long relied upon Russian energy supplies.
Britain's energy security bill has been unveiled – and it contains 26 measures to reform the UK’s energy system and reduce dependency on fossil fuels and exposure to volatile gas prices.
Scottish start-up Renewco Power is expanding into the US with the purchase of a 1.5-GW pipeline of early stage utility-scale solar projects and 500 MW of battery storage projects from Virginia-based Beaufort Rosemary.
National Grid is planning the biggest grid upgrade in 60 years, a £54 bn ($65 bn) plan for upgrading the grid mostly to accommodate offshore wind projects.
Global supply chains, currently heavily concentrated in China, should be diversified, says the IEA in a new special report. This would help ensure a secure transition to net-zero emissions.
For the first time ever in the US, wind and solar produced 18.0% more electricity in the month of April than nuclear. Renewables accounted for a record 29.3% of US electricity generated in April, said the EIA.
Algeria's Solar 1,000 scheme is expected to begin generating electricity at the end of 2021, when the 30-MW Beni Ounif solar park comes online.
Zimbabwean opposition leader warns Harare could lose $500mn in 'dodgy' Geogenix BV waste-to-energy deal
CFAO Kenya Ltd, a unit of Corporation for Africa and Overseas, is investing in OFGEN Ltd that installs solar photovoltaic for commercial and industrial use in East Africa.
Eurowind Energy is planning five onshore renewable energy centres in Denmark with a total installed capacity of 2.5 GW.
Solar Taxi’s electric vehicles are designed for home charging but the company plans to build and deploy solar charging stations to support usage.
EDFI ElectriFI and Oikocredit to support Solar Panda’s off-grid solar power for low-income Kenyan households
Social impact investor and worldwide cooperative Oikocredit with European Union-funded Electrification Financing Initiative (EDFI ElectriFI) have co-invested $4mn each in Solar Panda.
Nuclear is set to make a "comeback," with capacity forecast to double between 2020 and 2050 from 413 GW to 812 GW, the IEA said.
Canadian rare earths explorer and developer, Mkango Resources releases definitive feasibility study for Malawi project
Pan-African Renewable Energy Fund to close Africa’s $28bn access gap by accelerating renewable energy investments
Harith General Partners has partnered with Anergi Group to establish Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy adoption across the continent.