REM - Renewable Energy
European Commission proposes accelerating renewables
The European Commission has proposed reforming the EU’s electricity market to accelerate renewable energy. Natural gas would be phased out, a proposal likely to be opposed by some members countries.
China drives global wind turbine orders to new record in 2022
Global wind turbine order intake hit new highs in 2022, with 44 GW procured in the fourth quarter and 134.6 GW for the year. Both of these order intakes were records, says a new analysis by Wood Mackenzie.
Ireland okays new framework for next auction of offshore wind
The Irish government has approved a new framework for developing the next phase of offshore wind. An auction will be held later this year, with projects expected to come online by 2030.
Japan’s Daiwa buys stake in 1.2-GW Hornsea One offshore wind project in UK
Daiwa Energy & Infrastructure, a strategic investment arm of Daiwa Securities Group, has purchased a minority stake in Hornsea One off the east of the UK, the world’s largest operating offshore wind project.
Steep drop in solar installations in US in 2022
The United States added 20.2 GW of new solar capacity in 2022, a 16% decrease from 2021.
Octopus Energy to invest €1.07bn in French green energy market
Octopus Energy, the UK’s third-largest energy retailer, has announced plans to invest €1bn (€1.07bn) in the French green energy market over the next two years.
Shell, Gulf Wind Technology to collaborate on wind turbine for Gulf of Mexico
Gulf Wind Technology (GWT) has partnered with Shell New Energies US in creating the Shell Gulf Wind Technology Accelerator programme. Shell has invested $10mn in GWT for this endeavour.
Renewables gain speed in Brazil, Chile and Colombia, Mexico falls behind
Latin America has the potential to increase its utility-scale solar and wind power capacity by more than 460% by 2030 if all 319 GW of prospective new projects in the region come online, according to a new report from Global Energy Monitor.
Invenergy, LONGi to develop 5-GW solar module factory in US
Renewables developer, owner, and operator Invenergy has entered into a joint venture with Chinese photovoltaics (PV) manufacturer LONGi to build a 5-GW solar module plant in Ohio in the US.
Accelerating wind projects ”key tool” for developing countries
Accelerating wind deployment can be a key tool for developing countries looking to grow their economy and deliver on climate goals, says the Global Wind Energy Council (GWEC).
DTEK to commission wind project in Ukraine despite war
DTEK Group is completing the construction of the first 114-MW phase of the 500-MW Tyligulska wind power plant in Ukraine. This is despite Russia’s ongoing war in Ukraine.
Energy chiefs say Slovenia must invest in renewables to cut power imports
At the peak of the energy crisis in October, Slovenia imported 56% of its electricity.
1-GW US pumped storage hydro project applies for final licence
rPlus Hydro, a US leader in large-scale pumped hydroelectric energy storage, has submitted a final licence application to regulators for its 1-GW White Pine Pumped Storage project in the western state of Nevada.
Danish firm Vestas secures order to supply wind turbines to South African IPP, Red Rocket
A South African independent power producer, Red Rocket, has ordered wind turbines with the capacity to generate 373 MW from Danish manufacturer Vestas for three projects it plans to build in the country.
Gesto Energy completes assessment of geothermal potential of southern Morocco
Portugal’s renewable energy-focused firm Gesto Energy announced it completed the evaluation process of the geothermal potential of Morocco’s southern region to generate power and presented its assessment to Morocco’s ONHYM.
GGF to provide €28mn loan for Albanian solar project
The Green for Growth Fund is investing in a 50-MW solar project in Albania to reduce carbon emissions and increase energy security in the region, the fund announced on March 10. The project will receive a €28m loan from GGF, covering up to 75%.
China International Energy plans to invest $5.1bn in green hydrogen project in Egypt
The company plans to invest $5.1bn in the project, which is expected to be implemented in two phases consisting of a solar park and a wind farm, along with a facility for electrolysing water and synthesising ammonia.
Battery storage in Australia continues apace
Australian local utility firm Zen Energy has agreed a deal to purchase a 2.5 hour battery storage site in the state of South Australia. The project, acquired from local developer and fellow Australian firm IPP RES, is forecast to come online in 2024.
Australia’s first offshore wind auction in 2025
Australia’s first offshore wind auction will be held in 2025 in the state of Victoria, according to Renew Economy Australia. The auction will be for at least 2 GW.
Russian-backed Bangladeshi NPP ahead of schedule
The first nuclear power plant to be built in Bangladesh has seen the completion of stage one of its outer containment building, with concrete pouring at the site completed a full 45 days ahead of schedule.
BrightNight, ACEN to accelerate 1.2-GW renewables portfolio in India
BrightNight has formed a partnership with ACEN Renewables International and ACEN International to accelerate the development, construction and operation of BrightNight’s 1.2-GW, multi-technology renewable power portfolio in India.
TotalEnergies has green hydrogen development pipeline of 30 GW in Australia
Total Eren, 30% owned by oil supermajor TotalEnergies, has over the past 18 months created a hydrogen development pipeline with up to 30 GW of generation capacity in Australia.
Pumped hydro eyed to help with renewables integration
In a missive issued by the Ministry of Power, it was revealed that Indian government policy is increasingly looking at utilising power from hydro projects around the nation in order to help improve the integration of overall renewable energy.
Green hydrogen subsidies needed across India to keep costs down
The business head of the influential Indian renewables firm ReNew, Rahula Kashyapa, has said that the central government of Narendra Modi in New Delhi needs to introduce a system of subsidies to help keep production costs of green hydrogen down.
Chinese nuclear safety key to promoting expansion overseas
Luo Qi, senior engineer at China’s National Nuclear Corporation (CNNC), has gone on record as saying he believes that nuclear technology is crucial to his nation’s strength through technology.
Kyrgyzstan records January surge in electric car imports
World Bank provides $20mn to support off-grid solar systems in energy-deficient Malawi
Bosnian Winter Wind gets permit for €106.4mn wind farm
PPC purchases Enel’s 5.4-GW green pipeline in Romania in $1.33bn deal
Public Power Corporation (PPC), a Greek utility, will acquire Italian group Enel's Romanian assets as part of a €1.26bn ($1.33bn) deal.
Egypt and Germany activate green energy co-operation agreement
Egyptian Petroleum Minister Tarek El Molla and German Deputy Minister of Economic Affairs and Climate Action for Parliamentary Affairs Stefan Wenzel held the first meeting of Higher Committee for Energy Cooperation in Cairo.
Germany’s AE Solar to construct solar factory in Romania
AE Solar, a German solar panel company, has announced plans to construct a solar panel facility in Romania for €1bn ($1.07bn), according to the Romanian government.
Tesla to launch EV charging stations network in Turkey
Uzbekistan’s Yashil Energiya invites bids to install solar panels on government buildings
World’s largest solar-wind hybrid site commissioned in India
Adani Green Energy (AGE), the subcontinent’s largest renewables generation firm, has completed construction at its most recent solar-wind hybrid site in Rajasthan.
Iraqi minister reveals expected scale of solar, gas output
Iraqi Oil Minister Hayan Abdulghani revealed that the government is planning to increase its focus on gas investment, while also investing in solar energy projects, during the Iraq Climate Conference.
Mongolia’s giant Oyu-Tolgoi copper-gold underground mine starting operations
If promises are fulfilled, big gains for public purse and industries such as electric vehicles and renewable energy will be seen.
Big Taiwan wind contract win for Australia’s MMA Offshore
Perth-based MMA Offshore has secured a trio of offshore wind contracts in waters west of the main island of Taiwan, as one of Asia’s leading wind installation nations continues to push wind over all other forms of renewable energy.
World Bank approves €69mn for Serbia’s green transition
South Africa experience solar panel sales boom as power outages bite
South Africa, which is experiencing crippling power shortages, has seen a sharp increase in solar power uptake, while new tax incentives for businesses and households are fuelling a surge in demand for solar PV.
E-methane tie-up to help secure Australia-Japan energy ties
Australian oil and gas firm Santos has agreed to produce carbon-free e-methane gas using green hydrogen in conjunction with a team from Osaka Gas Australia (OGA).
Egyptian Foreign Minister warns Cairo will ‘defend its interests’ if Ethiopia’s GERD dam hampers Nile water flow
Occidental announces carbon capture hub on Gulf Coast
Occidental subsidiary 1PointFive has announce d a plan to develop a carbon capture, utilisation and sequestration hub in south-east Texas on the Gulf Coast.
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