REM - Renewable Energy
Kyrgyzstan’s National Investments Agency signs solar plant MoU with Kyrgyz-Kazakh JV Kun Bulagy
Cerulean to build $25bn subsea grid in North Sea for offshore wind, oil and gas rigs
Cerulean Winds will build a $25bn subsea grid for offshore wind for oil and gas rigs in the central North Sea.
US offshore wind market expands rapidly with 51.4-GW projected capacity
The US has a rapidly expanding offshore wind pipeline across 32 leases of a total of 51.4 GW of expected capacity, says the American Clean Power Association (ACP). That is enough electricity to power the equivalent of more than 20mn homes.
Quanta, Hitachi win contracts for $8bn SunZia transmission project in US
Pattern Energy has selected Quanta Services and Hitachi Energy to build its SunZia transmission and wind project, which will enable access to more than 3.5 GW of New Mexico wind power.
Irish wind farms set new April record
Ireland’s wind farms set a new record this year with their best ever performance for the month of April.
AES to triple renewables capacity by 25-30 GW
US energy company AES is to triple its renewable energy capacity by adding 25-30 GW of solar, wind and energy storage by 2027.
Meyer Burger, IKEA sign offtake agreement for four years
Meyer Burger Technology AG of Switzerland and Ingka Investments, the investment arm of the IKEA retailer Ingka Group, have signed an offtake agreement for four years.
Westinghouse unveils SMR nuclear plant
Westinghouse has unveiled the AP300 small modular reactor (SMR), a 300-MWe single-loop pressurised water reactor.
ACCIONA, Blue Circle enter Thailand with 436 MW wind
ACCIONA Energía has been awarded, together with Singapore’s The Blue Circle, a power purchase agreement for five wind projects totalling 436 MW in Thailand.
Australia to invest $2.7bn in renewables, green hydrogen
Australia will invest $2.7bn in development of its green hydrogen and renewables industry, said the government in its annual budget.
TenneT awards $6bn in offshore cable contracts in North Sea
Netherlands-based TenneT has awarded a framework co-operation agreement for 7,000 km of HVDC cable systems linking offshore wind farms in the Dutch and German North Sea.
50Hertz, Elering to build offshore wind power cable between Estonia and Germany
50Hertz, the transmission operator for northern and eastern Germany, and Elering of Estonia have agreed to build a joint hybrid submarine cable project – Baltic WindConnector – in the Baltic Sea between Estonia and Germany.
ABB collaborates on offshore wind, green hydrogen project in Sweden
Switzerland-based engineering giant ABB is collaborating with Lhyfe, a world pioneer in the production of renewable hydrogen, and Skyborn, a global leader in renewable energy, on one of Europe’s most ambitious renewable hydrogen projects ever.
Wind turbine maker Vestas posts modest profit
Wind turbine maker Vestas has posted a modest profit for the first three months of the year.
Germany to streamline solar development
Germany will streamline solar development as part of its effort to ramp up renewable energy and become carbon neutral by 2045. The intent is to boost solar installations to 215 GW by 2030.
Serbian packaging company Papir Print invests into sustainable energy
Serbian packaging company Papir Print has invested into a thermal oxidation plant that allows it to convert waste gases into heating and cooling energy.
80-MW Rusumo hydropower project 99% complete, will start feeding Tanzania, Rwanda, Burundi power
Tanzania, Rwanda and Burundi are due to feed an additional 27 MW of electricity into their respective national grids now that the Regional Rusumo Falls Hydroelectric Project (RRFP) has reached 99% completion.
Zimbabwe lithium mine Bikita expects $1bn revenue in 2024 from $47mn in 2022 after Sinomine takeover
Zambia's electricity shortage set to ease after it commissions 750-MW hydro-power facility
Zambia’s state-owned electricity company, ZESCO Limited (ZESCO), has commissioned a 750-MW hydropower plant at Kafue Gorge, in the south of the country, according to an American publication.
Fortum blasts “unlawful seizure of Russian subsidiary”
Fortum, once the largest renewables player in Russia, has blasted the “unlawful seizure of [its] Russian subsidiary”.
Germany to support expansion of Kenya’s Olkaria geothermal project
Germany has committed to providing funding and technical support to Kenya for the planned capacity expansion of the Olkaria geothermal site operated by state electricity generator KenGen.
Over 10 companies planning to build biomethane plants in Ukraine
More than ten companies are seeking to build 36 biomethane plants in Ukraine, the Gas Transmission System of Ukraine (GTSOU) said in a statement on May 8.
Indian government targets 9 GW of energy storage capabilities
The government of India has started the administrative process behind what will be the largest ever tender issued by the ruling party.
India, China baulk at ending use of coal in lead-up to G20 summit
India, with China's support, is attempting to establish agreement within the G20 group that would allow countries to choose their own roadmap for reducing carbon emissions instead of imposing a deadline for ending the use of fossil fuels.
Tokyo and Canberra announce a new hydrogen supply deal
Two of the leading economies in the region, Japan and Australia, have agreed a deal on the supply of hydrogen to ultimately help fight regional efforts at cutting emissions.
International Finance Corporation lends €64mn to Moroccan Coca-Cola Bottling for green transition
Battery gigafactory launched in northern Taiwan
A firm in northern Taiwan initially founded to analyse potential uses of battery materials has successfully launched the nation’s first ever gigafactory in the industrial town of Zhongli, to the south-west of Taipei.
Nuclear power takes another step forward in India
India’s government enterprise, the Nuclear Power Corporation of India Ltd (NPCIL), along with the National Thermal Power Corporation (NTPC), has agreed to work on the joint development of six new reactors.
LOHC Technologies, CWP Global study building hydrogen transport facility in Morocco
Hydrogenious LOHC Technologies and renewable energy firm CWP Global have signed an agreement to conduct a feasibility study of establishing a hydrogen transport chain capable of daily transfers of 500 tonnes of hydrogen from Morocco and Europe.
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