REM - Renewable Energy
Nigeria’s Bank of Industry (BoI) has signed an agreement with the French Development Agency (AfD) for the expansion of green energy in the country.
Vestas has made the first nacelle for its prototype V236-15.0MW offshore wind turbine and is set to start testing.
EDF Renewables North America (EDFR) has announced that the Palen Solar site in California in the US is fully operational and delivering decarbonised energy to the grid.
Germany can reach 82GW of offshore wind capacity, says a new study by the Fraunhofer Institute for Wind Energy and Energy Systems (IWES).
Scotland is fast becoming a global-scale centre of offshore wind development, with 2.8GW of new ScotWind winners being announced, first power from a 1.1GW project off Angus and the preliminary launch of a public-private strategic plan.
The US has taken the next steps to open Maine to offshore wind. The coast is rocky and the Atlantic Ocean deep, so any wind farms would be floating, a new technology.
Meyer Burger, the solar manufacturer, has signed an agreement with DE Shaw Renewable Investments (DESRI) for the long-term supply of 3.75–5 GW of solar modules.
Renewable-energy electric generation – such as from dams, and from wind and solar plants - will increase to 22% in 2022 and 24% in 2023.
Hornsea 2, the world’ largest offshore wind farm, will be commissioned later this month.
Zambia power utility, ZESCO launches tender for the building of three 50MW solar projects
Zimbabwe, Zambia plot revival of a long-delayed $5bn hydropower plant
The British TuNur group, a renewable energy developer, plans to invest $1.5bn in an export-oriented solar power plant in Tunisia’s south, mainly Gabes and Kebili.
Turkish disaster personnel stage drill in response to imagined leak from Armenia’s Metsamor nuclear plant
Sustainability-linked bond issuances have taken a 5% share of the total sustainable debt market since they were launched by the International Capital Market Association in 2021.
Europe’s efforts to fill its gas reserves ahead of the coming winter could come with a hefty price tag, as global LNG price have reached up to 10 times their normal levels as the continent scrambles for available cargoes.
The record increase in UK wholesale gas prices in the last three years is the prime driver of the sky-high energy bills being faced by consumers, with the country’s renewables roll-out unable to keep prices down.