REM - Renewable Energy
Biden announces climate actions
President Joe Biden announced several modest executive climate actions on the afternoon of July 20 local time in Massachusetts in the wake of Democrats’ legislative plans for aggressive climate action collapsing in Congress.
GE Renewable Energy to be rebranded GE Vernova in 2024
GE’s energy portfolio of businesses, including GE Renewable Energy, GE Power, GE Digital and GE Energy Financial Services, will be rebranded as GE Vernova starting in early 2024.
Pattern Energy acquires 3-GW SunZia transmission project
Pattern Energy Group has acquired the SunZia Transmission project from SouthWestern Power Group, a wholly owned subsidiary of MMR Group.
The UK government greenlights 8 GW of offshore wind
The UK government has approved 8 GW of offshore wind in what it says is a “major milestone for renewable energy.” The selection was part of the Offshore Wind Leasing Round 4.
Germany’s green transition more than on track
The race to energy sovereignty sparked by Russia’s invasion of Ukraine could push Germany’s green transition well past the finish line, according to a new report by Allianz Trade.
Iberdrola inaugurates 1.158-GW Tâmega Gigabattery pumped storage dam in Portugal
Iberdrola has inaugurated the Tâmega Gigabattery, the largest clean-energy project in Portugal's history.
Boost for RWE's hydrogen and offshore wind business
Two projects of RWE’s projects have been selected for EU Innovation Fund grants, one of the world's largest programmes for demonstrating innovative low-carbon technologies.
Czech environment ministry and state energy company CEZ sign memorandum on cooperation in climate protection
Biden administration OKs clean energy transmission line in Arizona, California
The Biden administration has approved the construction of the Ten West Link Transmission Line project, which will facilitate primarily increased solar as well as wind and geothermal energy development and delivery in Arizona and California.
REM: TVA seeks 5 GW of renewable energy
The Tennessee Valley Authority (TVA), the US’ largest utility, has issued a request for up to 5 GW of carbon-free energy that must be operational before 2029, one of the largest clean energy procurement requests in the nation.
TVA seeks 5 GW of renewable energy
The Tennessee Valley Authority (TVA), the US’ largest utility, has issued a request for up to 5 GW of carbon-free energy that must be operational before 2029, one of the largest clean energy procurement requests in the nation.
Egypt's El Sisi encourages US President Biden to support his country’s position on Grand Ethiopian Renaissance Dam
Egypt’s New Administrative Capital launches tender to install 130 MW of rooftop solar cells on private buildings
Uzbekistan ramps up imports of EVs
Mainstream Renewable Power, Actis to sell African renewable energy IPP to Infinity Group, AFC
The transaction should generate net proceeds to Mainstream of $90mn with the transaction valued at an enterprise value of $1.5bn.
Rosenergoatom extends working life of BN-600 fast neutron reactor
The Beloyarsk NPP is to replace 24 steam generator modules to prepare for the life extension of the BN-600 sodium-cooled fast reactor at unit 3 beyond 2025
Istanbul-listed Koc launches electric vehicle charging stations unit
Conglomerate also lately reached understanding with Ford and SK On to explore potential for EV battery production plant in Ankara.
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