REM - Renewable Energy
REM: Massachusetts approves power contracts for offshore wind farms despite developers’ objections
Massachusetts approves power contracts for offshore wind farms despite developers’ objections
Massachusetts regulators have approved power purchase agreements for two large offshore wind farms despite the developers’ objections.
Ireland issues preliminary consent for seven offshore wind projects
Ireland has issued preliminary consents for seven offshore wind projects. The Maritime Area Consents (MACs) mean that the wind farms can enter the planning system.
Vestas announces almost 1.5 GW of wind turbine orders
Danish wind turbine manufacturer Vestas has announced almost 1.5 GW of orders in the second half of December.
Simply Blue, Eolus granted research permit for 1- to 2-GW floating wind project off Finland
SeaSapphire, a joint venture of Ireland’s Simply Blue Group and Sweden’s Eolus, has received a research permit for a floating offshore wind farm in the Gulf of Bothnia off Finland.
H2Carrier, Anori to develop large wind and green ammonia project in Greenland
H2Carrier of Norway and the Greenland-based company Anori have agreed to co-operate on the first commercial wind farm in Greenland, with subsequent production and export of green ammonia.
Eletrobras, Shell may co-invest in Brazil offshore wind
Oil supermajor Shell and Brazilian utility Eletrobras will co-operate to exchange information as they consider potential co-investment in offshore wind off Brazil.
Tehran faces severe water crisis with reservoirs only 14% full
Head of national climate and drought crisis management centre hits out at “gross mistake” of officials announcing new home building plans in a city running out of water.
Istanbul-listed Ford Otosan obtains €200mn syndicated loan for electric vehicle investment
Pemex sees ESG challenges affecting future funding efforts
Mexico's Pemex has expressed concern about its ability to uphold pledges to transition from fossil fuels to renewable energy, saying that future efforts to raise funding may hinge on ESG issues.
China looks north for clean energy
FT: Brussels mulls energy market reform to curb renewables’ cost
The European Commission plans to overhaul the EU’s electricity market to prioritise cheaper renewable power, the EU’s energy commissioner has told the Financial Times. But industry representatives say the changes could hamper investment.
Kazakhstan moves uranium exports through Middle Corridor
Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.
Tajikistan’s Rahmon gives speech on value of hydro
Russian invasion has caused $35bn worth of damage to Ukraine's environment
Russia’s full-scale invasion of Ukraine has caused $35.3bn worth of damage to Ukraine’s environment, the Kyiv Independent reported on January 2.
Lithuania issues call to submit bids to survey seabed for offshore wind farm's link to land
bneGREEN: Slovenia to issue second sustainability bond
Proceeds to fund state investments that contribute positively to environmental and social goals.
IFC supports SME funding and climate loans in Serbia
Community Windpower to sue the UK government over “discriminatory” Electricity Generator Levy
Community Windpower says it will sue the UK government over the “discriminatory” Electricity Generator Levy (EGL), which came into effect on January 1, unless it is amended to be fairer.
Uganda receives $25mn grant for rural solar mini grids to facilitate clean energy transition
Zimbabwe, Zambia seek African Development Bank support to raise $4.5bn to build 2,400MW power project
Tajik-Turkish JV to export electric buses to EEU countries
California reduces utility payments for homes with rooftop solar
In a controversial move, California, the US’ largest solar market, has slashed payments for homeowners with rooftop solar who feed surplus electricity back to the grid. The move may have national implications.
Top independent power producer Copperbelt Energy Corp helps Zambia become Africa's best stock performer in 2022
Lithium developer Savannah Resources extends due diligence period for proposed Mozambique divestment
USAID announces $150m drive to bring power, internet to 10,000 health facilities across sub-Saharan Africa
The 5-year Health Electrification and Telecommunication Alliance (HETA) programme will invest USAID resources to leverage over $150mn of private sector resources to install renewable power
Ghana rakes in $486.2mn from carbon sale pilot project
ING: From plane to train: Europe is pushing climate-friendly travel.
To reduce carbon emissions, Europe aims to transition travellers from planes to trains. Its extensive rail network and the growing consumer demand for greener transport solutions provide a clear opportunity.
Kyrgyzstan, UAE’s Masdar sign deal for 200-MW photovoltaic plant
bneGREEN: Bulgaria’s capital bans old cars from traffic-clogged city centre
Bulgaria tackles EU's worst air pollution with ban on cars registered before 1996.
Apocalypse 2050: World on course for 15% GDP fall
The world is set to see global GDP plummet by a catastrophic 15% by 2050 if current emissions trends are not reined in and global warming reaches 2.2°C by 2050.
Korea’s Kepco reportedly in discussions to develop four nuclear power plants in Turkey
EBRD to allocate Uzbekistan $520mn to build 1 GW wind farms
ING: EU reaches deal on world’s first carbon border tax
EU policymakers have provisionally agreed this week to introduce the world’s first carbon border tax in a push to encourage cleaner industrial production globally and protect its domestic industry.
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