REM - Renewable Energy
Rystad: Spain on track to generate more than 50% of power from renewables this year
Spain is on track to generate more than half of its power from renewable sources in 2023, consultancy Rystad Energy has projected.
Germany, Denmark sign offshore wind co-operation agreement
Germany and Denmark have signed a legally binding co-operation agreement on offshore wind energy, according to the German Economy Ministry.
State-owned Polish firms win offshore wind leases
State-owned Polish firms PKN Orlen and PGE Group have provisionally secured the rights to develop an additional six offshore wind farm sites in the country’s Baltic Sea waters.
Belgium breaks ground on hydrogen-ready gas pipeline
Belgian gas grid operator Fluxys broke ground on a new gas and hydrogen-ready pipeline on June 7 in a ceremony attended by Belgian Prime Minister Alexander De Croo.
New Jersey inaugurates North America’s largest floating solar array
New Jersey Resources' subsidiary, NJR Clean Energy Ventures (CEV), and New Jersey American Water inaugurated what they say is North America's largest floating solar array on June 6.
China suspends floating nuclear plans over security concerns
It is understood that Beijing had planned for the floating NPPs to serve as power sources for remote islands claimed by the ruling Communist Party in the highly contentious South China Sea.
Shell acquires 1.1 GW of Spanish solar projects
Energy giant Shell has acquired 12 solar projects in Spain with a combined potential capacity of 1.1 GW.
Ukraine plans new $1bn hydroelectric plant to replace destroyed Kakhovka HPP
The construction of a new hydroelectric plant (HPP) to replace the destroyed Kakhovka HPP will cost $1bn according to Ukraine’s Ministry of Economy, Ukrainian Pravda reported on June 7.
SouthCoast Wind seeks to scrap offshore wind PPAs with Massachusetts utilities
SouthCoast Wind, a joint venture between Shell New Energies US and Ocean Winds North America, has asked to terminate its existing power purchase agreements with electricity distribution companies in the US state of Massachusetts.
Premier African Minerals seals offtake deal with China's CanMax on spodumene from Zimbabwe mine
Romanian hydropower giant Hidroelectrica announces imminent IPO
Upcoming IPO to be the largest in the history of Romania's capital market.
UAE’s Masdar along with Infinity Power is investing $11bn in 10-GW wind power farm in Sohag, Upper Egypt
UAE’s renewable energy company Masdar is investing $11bn along with Egypt-based pan-African power company Infinity Power and construction company Hassan Allam Utilities to build a 10- GW giant wind power farm in Sohag in Upper Egypt.
Ukraine calls for further sanctions against Russia as Kakhovka dam crisis worsens
Ukraine has called on the EU and G7 to implement a new round of sanctions against Russia following the destruction of the Kakhovka dam in occupied Kherson on June 6.
BlueFloat enters Philippines’ offshore wind industry
BlueFloat Energy has announced that it will move into the Philippines’ offshore wind industry.
ASX-listed metals explorer Askari completes reverse circulation drilling at Namibia lithium permit
Egypt’s El-Sisi urges Ethiopia to accept ‘compromise’ over $5bn GERD dam
Abdel Fattah Al-Sisi has once again called on Ethiopia to accept a "compromise" in relation to the Grand Ethiopian Renaissance Dam (GERD) that the Horn of Africa nation is building near the source of the Nile.
Southern Africa has 'enormous' potential for green hydrogen production, study finds
The results of the H2Atlas-Africa project, sponsored by the German government, are presented in the form of an interactive atlas, which shows “locations of interest” in Southern African countries.
Study enabled by Nasa supercomputer creates High Mountain Asia region atmospheric and land surface forecasts
Nova Kakhovka dam destroyed, unleashing a tidal wave of flood waters into southern Ukraine
The massive Nova Kakhovka dam was destroyed in the early hours of June 6, releasing a tidal wave of flood water that quickly swamped towns and villages downstream in southern Ukraine and triggered evacuation orders by local authorities.
Energy minister says geothermal powerhouse Hungary not exploiting its potential
Geothermal energy could strengthen Hungary’s energy security, replacing up to 1.5 bcm of natural gas a year.
Japan’s Marubeni thinks long term with ammonia supply chain
If eventually successful, a memorandum of agreement will see the joint development of a supply chain processing low-carbon ammonia through to Japanese markets and others on the Asian mainland.
Armenia to build a facility for reprocessing low- and medium-level spent nuclear fuel
According to general director of the Armenian NPP Movses Vardanyan, Armenia has constructed a storage facility for SNF. However, it is intended to be temporary and will only last for the next half-century.
Europe saves €100bn from the switch to renewables due to the Ukraine war
European electricity consumers will save some €100bn on their energy bills, due to the rapid expansion of renewable energy sources caused by the Russian induced energy crisis the International Energy Agency said in a report.
India seemingly on track to miss another solar target
According to India's own figures, the government of Prime Minister Narendra Modi is looking increasingly likely to miss either its 40 GW of solar installations per year target, or its 2030 total renewables goal of 500 GW of installed capacity.
Nepal to benefit from large-scale Indian hydro project
The Investment Board Nepal (IBN) last week finally gave approval to long-standing development plans co-sponsored by Satluj Jal Vidyut Nigam (SJVN) India, a state-owned entity under the Ministry of Power and the state government of Himachal Pradesh.
Croatia’s ENNA to launch IPO, invest €1bn in green energy
Croatian investment group is already preparing a major investment cycle focused on developing renewable energy.
Zimbabwe presses lithium mining companies to work towards producing battery-grade material
Solution to South Africa’s energy crisis 'within our grasp', former Eskom CEO André de Ruyter says
De Ruyter has laid out a case for decarbonisation to allay South Africa's deepening energy crisis, which he says would restore investor confidence and create jobs amid staggering unemployment levels.
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