REM - Renewable Energy
Europe proposes $270bn response to US, China green subsidies
The European Union has unveiled a €250bn ($270bn) Green Deal Industrial Plan to offer tax breaks and subsidies, including for renewable energy.
Germany launches 7-GW offshore wind tender with negative bidding
Germany has launched a 7-GW offshore wind tender for projects in the North and Baltic Seas. Commissioning of the wind farms is scheduled for 2030.
Amazon is still world’s largest corporate buyer of renewable energy
Amazon, the online retailer, has set a new record for most renewable energy bought by a single company as it announced a flurry of new renewables projects.
Reserves of rare earths sufficient to power energy transition
The world’s reserves of rare earths are sufficient to power the energy transition, according to new research.
New York gets record response to third offshore wind solicitation
New York officials have received a “robust response” to the state’s latest 4.6-GW offshore wind solicitation, with more than 100 proposals in total for eight new projects from six offshore wind energy developers.
Bulgaria’s first offshore wind project to power gas platform
Bulgaria’s first offshore wind turbine will be used to power an existing gas platform in the Black Sea. The 5-MW floating wind turbine, the Black Sea Floating Offshore Wind (BLOW) project, will be developed by France’s Eolink
Global energy transition investment in 2022 tops $1.1 trillion
Global energy transition investment in 2022 was $1.1 trillion, up 31% on the previous year, estimates a new report. This came as the energy crisis and policy action drove faster deployment of clean energy technologies.
Most growth in power generation by 2050 will be solar and wind – BP
Most growth in global power generation by 2050 will be solar and wind, according to oil supermajor BP’s annual benchmark report, the 2023 Energy Outlook.
Masdar turns sights to Nigeria, aims to produce 20,000 MW of renewable energy in Africa over the next decade
EBRD extends €25mn 'green' loan to Turkey’s Garanti Leasing
Japan commissions first large offshore wind project
On January 31, Japan fully commissioned a 55-MW offshore wind project, the first large one in the country. It is fixed-bottom – the foundations are on the sea-bed – in shallow waters in the Sea of Japan.
Sierra Leone, Chad, Liberia and Togo to boost grid-connected renewable energy capacity under $311mn World Bank-supported scheme
Turkmenistan: A kick in the gas
Moscow curries favour, neighbours seek more gas, and Turkmenistan’s colossal methane pollution could power Afghanistan at little cost many times over. Eurasianet’s weekly Turkmenistan briefing.
EBRD agrees to provide $275.5mn to Egyptian banks under the Green Economy Financing Facility
Armenia generated 16% more electricity in 2022
JERA aiming to replace coal power generation with ammonia
Serbia’s Elicio Wind to build two wind power parks in Pancevo
Japanese car giant reluctant about move into battery tech
Geothermal power making inroads in India
Kyrgyzstan to import up to 2.2bn kWh of electricity this year
Korea’s KEPCO reportedly submits proposal to Turkey to build four APR-1400 nuclear reactors
Chinese nuclear programme on track in Zhangzhou
EuroEnergy to invest €150mn in wind energy project in Croatia
India’s second-largest refinery thinks green
Solar supplier GridX Africa to expand in DR Congo, Kenya
Kazatomprom sees 4% y/y uranium output decline in 2022
Kazakh researchers discover way to bind together easily recyclable printed circuit boards
Moroccan government invests $2.8bn in education, industry, trade services and tourism
South Africa needs to maintain momentum on just energy transition, says US Treasury Secretary
Korea's KT telco to import rare earths from Mongolia
Romania’s GSP builds first floating wind turbine in Black Sea under EU-funded project
E.ON Hungaria launches €190mn network investments in Hungary
BP plans to expand renewable energy investments in Azerbaijan
#bne #EmergingMarkets #Azerbaijan #BP
Turkey publishes strategic roadmap for hydrogen technologies
EC refers Bulgaria to ECJ on biodiversity, renewable energy
Solar energy developer Renewvia, Okapi Green Energy partner to deliver power to Kenya refugee camp
German government promoting use of solar energy in Ghana
Chile’s HIF gears up to start synthetic gasoline production at Haru Oni plant in March
Chile’s Highly Innovative Fuels (HIF) is reportedly set to launch production of synthetic gasoline at its Haru Oni plant in the city of Punta Arenas in March 2023.
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