REM - Renewable Energy
US clean energy sees massive investments since August
In just three months, more than $40bn of new grid-scale clean energy investments have been announced, a new report shows – the same amount as the total investment estimated for all clean energy projects installed in 2021.
Germany will produce a record 256 TWh of renewable electricity this year
Germany will produce a record 256 TWh of renewable electricity this year, but it is still not on track to meet its 2030 targets, according to the Federal Environment Agency (UBA).
REM: Saudi Arabia’s sovereign wealth fund buys stake in offshore wind developer Skyborn Renewables
Saudi Arabia’s sovereign wealth fund buys stake in offshore wind developer Skyborn Renewables
The Saudi Arabian sovereign wealth fund has bought a stake in Germany-based Skyborn Renewables, an offshore wind developer.
US government advances 4 GW of offshore wind
The US Bureau of Ocean Management (BOEM) has advanced the review of two wind sizeable projects off the East Coast, the Coastal Virginia Offshore Wind (CVOW) and Sunrise Wind projects.
Solar demand to grow globally by 20-30% by mid-decade – Bloomberg Intelligence
Solar will probably be the fastest growing energy source in 2023-2025 worldwide, with demand likely to increase 20-30%, says Bloomberg Intelligence in a new report, Global Solar Energy 2023 Outlook.
California floating wind auction lags others earlier this year
California 's recent floating wind auction netted $757.1mn, lower than the New York Bight offshore wind auction in February and the Carolinas offshore wind auction in May. The California auction ended on December 7.
Nuclear fusion breakthrough reported in US
Renewables in Texas to grow significantly in 2023 compared to 2022 – EIA
The Texas region is likely to experience the largest shift in electricity generation mix in 2023 in the US, says a new report by the Energy Information Administration (EIA).
India on course to double renewables capacity by 2027
Rosatom’s Saudi bid next step for Russian nuclear tech
Rosatom aims to build the first nuclear reactor in Saudi Arabia as part of the company’s global drive to break into emerging markets for atomic energy
South African green hydrogen project secures $15.7mn backing from German government
South Africa: only five solar projects achieve preferred bidder status in latest renewables procurement round
EBRD, EU, GCF lend Morocco's BCP €25mn to support green transition
Estonian renewable energy firm to build 70 MW solar park
Ranking says Turkmenistan produces world’s 'dirtiest' electricity
South Africa: national power utility Eskom starts construction of battery energy storage facility
France-based Assystem signs MoU with Kazakh wealth fund on nuclear power technical expertise
Nigeria announces new 2030 renewable energy policy
Zimbabwe electricity crisis: Deputy minister threatens to withdraw dormant generation licences
Israeli company set to build world’s largest wave power plant on Turkish Black Sea coast
US proposes higher renewable fuel blending
The US Environmental Protection Agency (EPA) has proposed expansions of obligations for refiners who must blend renewable fuels into their gasoline.
Guyana in carbon credit agreement with Hess
Hess Corp. has agreed to buy $750mn worth of TREES credits in a deal that has the potential to make the Stabroek project carbon-neutral.
Renewables finally achieve turbocharged growth
Solar is set to overtake coal as the world’s leading source of power supply by early 2025, the IEA said
Top Kyrgyz cabinet minister discusses GHG emissions, melting glaciers with UN climate change advisor
China has won water dispute with Kazakhstan
Astana accepts that it cannot force China to use less water upstream. But the BRI may help it reduce its own water waste, a new paper argues.
Follow us online