REM - Renewable Energy
REM: Confidence in wind industry rocked by quality problems at turbine maker Siemens Gamesa
EV charger installations in US to grow fourfold by 2027 – Wood Mackenzie
Wood Mackenzie estimates the number of charging ports in the US will reach close to 18mn by 2027, a fourfold increase, with most chargers in the residential category.
TotalEnergies partners with Petronas in Asia-Pacific on renewables
Oil supermajor TotalEnergies of France has announced the signing of a strategic collaboration agreement with Gentari Renewables, the clean energy unit of the Petronas oil company of Malaysia.
South Africa's improved regulatory framework spurs German renewables group JUWI to power mines directly
South Africa's energy crisis pushes companies to borrow to invest in alternatives, central bank says
Oman awards green hydrogen, ammonia project to South Korea steelmaker, France's Engie
French energy company Engie is gambling on South Korean demand for hydrogen with a $7bn green ammonia project in Oman in the Middle East.
Japan succeeds in low-carbon biomass replacing LNG aboard ship
In Japan, seven domestic firms, including globally renowned shipping heavyweight Mitsui OSK Lines (MOL), have recently wrapped a trial of low-carbon liquid form bio-methane on an LNG-powered vessel.
Renewables exceed half of German power use in first half of 2023
Renewable energy made up 52.3% of Germany's power use so far in 2023, up 3.1 points on the same period in 2022, data show.
Annual renewable power must triple by 2030 – IRENA
The world’s annual renewable power production must triple by 2030 to meet the Paris Agreement goal of no more than a 1.5 degree Celsius rise in temperature.
Non-performing loans surge in Ukraine's renewable energy sector
The number of non-performing loans in Ukraine’s renewable energy sector increased to 51% at the start of May, according to a report from Ukraine’s National Bank (NBU), Ukraine Business News reported on June 29.
20-MW wave-tech project coming to Taiwan via Swedish-Israeli JV
A Swedish-Israeli firm, Eco Wave Power (EWP), has agreed to enter into negotiations with authorities in Taiwan, with the end goal being the development of introducing wave technology to the country.
Confidence in wind industry rocked by quality problems at turbine maker Siemens Gamesa
Quality problems at wind turbine maker Siemens Gamesa – one of the world’s largest – have rocked confidence in the wind sector. This followed a surprise statement by Siemens Energy on widespread issues with wind turbines at its subsidiary.
Hungarian state energy company opens new solar park
Summit Ridge, Osaka Gas to construct solar, storage in US
The US photovoltaics and storage company Summit Ridge Energy and Osaka Gas will build, own and operate more than 108 MW of solar and storage projects in Virginia and New York in the US.
Wood Mackenzie: US, Japan will struggle to hit ambitious hydrogen targets
The US and Japan will struggle to hit their respective ambitious hydrogen targets. That is because continued high production costs and a lack of infrastructure will test recently published strategies in both countries, said the consultancy.
Spanish biogas association says government needs more ambitious targets
The leading opposition party, People's Party, is advocating for nuclear power plant extensions and potential support for biogas, while the ruling Socialist Party favours more wind and solar energy.
Denmark postpones man-made energy island in North Sea
Denmark has delayed the tender for a North Sea energy island planned for at least 3 GW of offshore wind because of the rising costs of the project.
‘Steel in the water’ at US’ first large offshore wind farm
The first monopile foundation has been installed at the 132-MW South Fork Wind site off New York. The project will be the US’s first commercial-scale offshore wind farm when it is completed later this year.
Final turbine installed at Scotland’s largest offshore wind farm
Seagreen Wind Farm, a joint venture between SSE Renewables and French oil supermajor TotalEnergies, achieved another landmark this week as the last of the 114 wind turbines was installed.
India gets cosy with the US on nuclear power use, future NSG membership
Prime Minister Narendra Modi of India and President Joe Biden of the US reiterated both nations’ commitment to nuclear power as a key resource in meeting energy needs and the green transition.
Invenergy secures another $1bn from Blackstone
Invenergy, the renewables developer, owner and operator, has received an approximately $1bn equity investment from funds managed by Blackstone Infrastructure Partners.
First power at Israel’s largest renewable energy project
First power has been generated from the 207-MW Genesis Wind project, the largest renewable energy project in Israel. It is being developed by Enlight Renewable Energy of Tel Aviv. It is co-owned by Enlight and Aviram.
Belgium's ABEE confirms plans for €1.4bn Li-ion battery plant in eastern Romania
ABEE's Romvolt subsidiary to produce batteries for electric vehicles and energy storage.
RenewableUK signs co-operation pact with Ukrainian Wind Energy Association
RenewableUK has signed a memorandum of understanding with the Ukrainian Wind Energy Association at the international Ukraine Recovery Conference in London.
Russia to launch tenders for domestic wind power equipment
Russia’s Ministry of Industry and Trade is preparing to announce a tender for a special investment contract (SPIK 2.0) for the production of components for wind farms in Russia.
Power line will reportedly enable Turkmenistan to export hydroelectricity to Pakistan via Afghanistan
Nigeria's sovereign wealth fund to expand carbon credits programme in partnership with Vitol
Rocks in Tanzania could store solar energy in place of costly batteries, researchers say
Hidroelectrica listing to set off new wave of IPOs in Romania
Successful IPO of Romanian hydropower giant could lead to listings of Bucharest Airports, Constanta Port and salt monopoly Salrom, says portfolio manager of shareholder Fondul Proprietatea.
CIP to invest $350mn in South Korean offshore wind sector
Denmark’s Copenhagen Infrastructure Partners (CIP) has committed to investments of $350m in offshore wind projects in South Korea.
Ukraine’s energy investment opportunities are estimated at a staggering $383bn
These opportunities span various sectors, including wind generation ($134bn), solar ($62bn), hydrogen technology ($72bn), energy storage ($25bn), nuclear generation ($80bn), transmission systems ($5bn) and hydropower ($4.5bn).
Green hydrogen report downbeat on Asian production, export potential
A report titled ‘Green Hydrogen in energizing the path to net zero’ by British multinational Deloitte has claimed that by 2050, India will have the capacity to produce around 55mn tonnes per year of green hydrogen.
Singapore-Thailand JV starts work at new PV project in the Philippines
A joint venture firm owned and operated by Nexif Energy of Singapore and Thailand’s RATCH Group, known as NEXIF RATCH Energy (NRE), is adding to its already impressive power generation holdings of over 4 GW across Australia and Southeast Asia.
Large-scale power storage scheme to be introduced by New Delhi
Government sources in India have filled in the details of a battery storage project to be set up by the central government that was first announced earlier this year.
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