REM - Renewable Energy
Nuclear recognised in EU renewables policy – French minister
The EU’s Renewable Energy Directive (RED) will recognise nuclear power, said France’s Energy Transition Minister, Agnès Pannier-Runacher.
EBRD to support largest wind farm in Africa
The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100mn to Red Sea Wind Energy, which will fund the development, construction and operation of a new 500-MW onshore wind farm in the Gulf of Suez.
US Energy Department unveils offshore wind strategy
The US Department of Energy has unveiled a strategy that aims to cut the costs of offshore wind power using conventional turbines by 30% by 2030.
UK targets carbon capture and storage, nuclear, hydrogen
The UK government has unveiled a new energy-security and net-zero plan, Powering up Britain. The plan primarily boosts carbon capture and storage, nuclear power and grid-connected storage.
Ørsted, Google sign first US power purchase agreement
Google has signed a 150-MW power purchase agreement with Ørsted to purchase renewable energy generated by the Helena wind farm in the US for the next 15 years.
EDP orders 1.8 GW of First Solar modules
EDP Renewables has placed an order for 1.8 GW of First Solar's thin-film photovoltaic solar modules. The modules will be used to power US projects developed by EDP Renewables (EDPR) North America, with deliveries scheduled up to 2028.
Financial close for $1bn floating solar farm project in Zimbabwe to come before end-2024, promoter says
Microsoft joins world’s largest offshore wind ‘living lab’
The world’s largest offshore wind ‘living lab’ in the world will be created off the Grimsby coast in the UK with a 5G Testbed that allows technology providers to test their equipment.
Global gas flaring drops 3% in 2022
The global oil and gas industry managed to reduce gas flaring by 3% last year to 139 bcm, from 144 bcm in the previous year, the World Bank reported on March 29 in its new Global Gas Flaring Report (GGFR), despite oil output rising by 5% to 80mn bpd.
Zambia signs $3.5bn deal with China Huadian Corporation for 2,400 MW renewable energy projects
Zambia’s power utility ZESCO has signed a power purchase agreement with a Chinese investor that plans to invest $3.5bn to build plants to generate 2,400 MW of renewable energy.
Globalink Logistics says it's completed challenging work for landlocked Tajikistan’s Nurek hydro project
Rystad sees Brazil as front-runner in hydrogen adoption, reduced carbon emissions
Rystad Energy says Brazil’s energy sector has the technological capabilities required to become a front-runner in reducing carbon emissions intensity.
China to exceed 1.2 TW wind, solar by 2030
China is expected to exceed its target of having 1.2 TW of combined solar and wind energy capacity in place by 2030, with forecasts predicting a combined capacity of 3.3 TW by that time, according to a new report by Goldman Sachs Research.
Tesla launches official sales operations in Turkey
Nordex, Acciona to partner on gigawatt-scale green hydrogen projects
Wind turbine manufacturer Nordex and Acciona, its main shareholder, will co-develop green hydrogen projects in areas with abundant onshore wind resources.
GE, Siemens Gamesa settle patent disputes in US, Europe
GE and Siemens Gamesa Renewable Energy (SGRE) have settled all their wind turbine technology patent disputes in the US and Europe.
India going big on renewables, but clinging to coal raises questions
India has made yet another statement of intent in its quest to reach net zero by 2070, a goal first announced in November 2021, at COP26.
Vestas receives more than 1.6 GW of orders in Latin America
Vestas, the world’s leading wind turbine manufacturer, has received a 1.31-GW order in Brazil. It is Vestas’ largest ever wind turbine order, the Aarhus-based company said.
OX2 to buy Australia’s ESCO Pacific for $84mn
OX2, of Sweden, has agreed to purchase Australia’s ESCO Pacific for $84mn. ESCO Pacific is partially owned by the oil supermajor Shell (49%).
Ørsted to proceed with 920 MW of offshore wind off Taiwan
Danish firm Ørsted has taken a final investment decision on the Greater Changhua 2b and 4 offshore wind farms off Taiwan. The projects total 920 MW.
CIP signs 2 GW of Philippines offshore wind contracts
Copenhagen Infrastructure Partners (CIP) will invest $5bn in three offshore wind energy projects in the Philippines. The projects will have a potential capacity of 2 GW.
South Africa's Eskom hands back Uganda's power stations in sorry state after 20-year concession
Red Sea Wind Energy consortium achieves financial close of 500-MW Gulf of Suez Wind Farm
The wind farm will be built, owned and operated by Red Sea Wind Energy, which is owned by a Consortium of ENGIE (35%), Orascom Construction (25%), Toyota Tsusho Corporation (20%) and Eurus Energy Holdings Corporation (20%).
GECOL, Total Energy start construction of 500-MW solar power park in Libya’s Al-Saddada
Libya’s national electricity company (GECOL) has started the construction of the first public solar power park in the Al-Saddada neighbourhood south-east of Misrata, the company said in a statement quoted by the Libya Observer on Monday, April 3.
Construction at suspended NPP units back on track
Moves by South Korea’s Ministry of Trade, Industry and Energy saw Seoul’s recent nuclear ambitions continue apace late last month with an agreement signed on material supplies for the Shin Hanul nuclear power plant.
Bauwerk Group and E.ON Solar to build biomass plant in Croatia in €17mn partnership deal
Urgent action needed to provide access to electricity for all in Africa, AfDB president says
Singapore delivery drivers to be offered Gogoro Smartscooters
Taiwan’s scooter battery-swap giant Gogoro has finally broken into the battery-swap market of Singapore. The firm already has thousands of so-called ‘GoStations’ enabling battery-swaps in a matter of minutes around the world.
Chinese long-term ammonia ambitions come to the fore
Long considered ambivalent to ever-changing attitudes on hydrogen and ammonia opportunities by some in East Asia, China is finally making moves to change that.
RSD5bn heating energy PPP agreement signed in Serbia’s Vranje
A agreement has been signed for a public-private partnership aimed at the long-term provision of heating energy in the city of Vranje, the municipality said in a press release.
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