REM - Renewable Energy
Serbia plans €15bn energy infrastructure investments
Serbia plans to invest approximately €15bn in energy infrastructure in the upcoming years, Milan Aleksic, assistant to the energy minister responsible for the electricity sector, told the CIGRE Serbia 2023 conference on electric power in Zlatibor.
REM: Chinese solar exports climb 64%
Chinese solar exports climb 64%
China's solar exports grew 64% in 2022 to $52bn despite global tensions, according to analysis by consultancy Wood Mackenzie.
Statkraft to install 2 GW wind, solar by 2030 in Germany
Statkraft, Europe's largest producer of renewable energy, will have installed 2 GW of wind and solar by 2030 in Germany. The Norway-based company will also support the market ramp-up of green hydrogen in Germany.
Lindian Resources completes first diamond-core hole at Malawi rare earths asset, advances second one
2022 is third-highest year for US solar, wind, storage
More than 25 GW of new clean power was installed in 2022, but hurdles are delaying more than 60 GW, said a new market report by the American Clean Power Association.
Germany to seek 160 GW of onshore wind by 2035
Germany, Europe’s largest economy, is seeking to generate 160 GW of onshore wind by 2035. Germany had a little over 58 GW of onshore wind as of the end of 2022.
Saudi green hydrogen project secures $8.4bn
The NEOM Green Hydrogen Company (NGHC) in Saudi Arabia has completed financial close for a total investment value of $8.4bn for the world’s largest carbon-free green hydrogen plant.
Enel to build $1bn solar manufacturing plant in Oklahoma
Enel of Italy is to build a $1bn plant for solar cells and panels in Oklahoma though its affiliate 3SUN USA.
Equinor shelves 1-GW Trollvind project off Norway
Norwegian oil company Equinor has shelved further developments of the 1-GW Trollvind floating wind project in the Troll oil sector of the North Sea off Bergen.
Siemens Gamesa agrees to sell stake in Windar
Siemens Gamesa has agreed to sell its 32% stake in Windar Renovables to Bridgepoint, a spokesperson for Siemens Energy has told Reuters.
Pattern clinches final approval for 3-GW SunZia Transmission in south-western US
Pattern Energy Group has received approval from the US Department of Interior’s Bureau of Land Management for the SunZia Transmission project.
Leyline finances Accelergen with $30mn for solar, storage pipeline
Leyline Renewable Capital, a leading provider of early-stage capital for renewable energy developers, has announced $30mm in financing for solar and storage developer Accelergen Energy.
Repsol to develop more than 1.7 GW of renewables in Italy
Repsol, the Spanish oil and gas company, will develop renewable projects in Italy totalling 1.768 GW.
Spain produced 100% renewable energy for nine hours
During a recent day, Spain produced enough solar, wind and hydro to power itself 100%, according to El País.
Credit where credit’s due in Asia turning green
Tokyo for its sins was deemed guilty of using its Green Transformation efforts of late to mask its real goal of increasing the use of fossil fuels around Asia in the years ahead.
India to hold first offshore wind tender in the next four to six weeks
India’s Ministry of New and Renewable Energy (MNRE) has announced that the Asian country will hold its first offshore wind tender in the next four to six weeks. Initial bids are likely to be invited for 5 GW of capacity.
ACWA partners on three Saudi solar projects
ACWA Power is partnering on three Saudi Arabian solar projects with power purchase agreements worth $3.25bn.
Offshore moves in green hydrogen highlighted across Asia
The Korea Institute of Energy Technology (KENTECH), along with Hyundai group members Offshore Engineering (HD KSOE) and HD Korea Shipbuilding, signed an agreement with the American Bureau of Shipping to investigate offshore green hydrogen production.
Petrobras investing in energy transition projects outside Brazil
Petrobras, the national oil company of Brazil, is carrying out a number of energy transition projects outside its home country.
Uzbekistan becomes Central Asia's number one in renewable energy
Heavy investment into a few mega projects means that power-hungry Uzbekistan now has about 2.6 GW of green energy capacity, ahead of Kazakhstan – the first country in Central Asia to invest into renewable power.
Indian lithium find bodes well for New Delhi, less so for Beijing
A recent announcement by the Geological Survey of India (GSI) has said that the volume of lithium reserves discovered in Rajasthan is higher than previously known reserves in Jammu and Kashmir, found further to the north.
Federal judge dismisses whale lawsuit against first major US offshore wind plant
In a landmark decision, a federal judge in Massachusetts has upheld the permits for the proposed Vineyard Wind 1 offshore wind project, which will generate 800 megawatts of power.
DTEK energises new wind farm as war continues in Ukraine
DTEK Group, Ukraine’s largest private energy company, has energised the first 114-MW phase of the 500-MW Tyligulska wind power plant in Ukraine as war continues.
Renewables bring positives, but also never before seen issues for Vietnam
Vietnam’s International Arbitration Centre (VIAC) is bearing the brunt of increasing numbers of local disputes centred around the installation of new, and ever improving forms of renewable energy in the country.
Pan-African firm Afroreef announces $100mn package to build Zimbabwe lithium mine, processing facility
Ukraine increases payments to renewable energy producers, ensuring stability and debt reduction, says chairman of the Energy Committee.
The Ukrainian state has increased payments to renewable energy producers this year, according to Andrii Gerus, the chairman of the Energy Committee, Ukraine Business News reported on May 18.
Filatex, Hyvity plan to increase Madagascar generation capacity by 50%.
Madagascar’s largest employer Filatex Group and France’s Hyvity are launching the ENHY joint venture to install 100 MW of capacity by 2028 and 300 MW within a decade, the companies said in a statement on May 18.
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