REM - Renewable Energy
Germany adds wind but pace too slow to meet goal
In the first half of 2023 in Germany, as many as 331 onshore wind turbines with a total output of 1.6 GW were installed, out of 59.3 GW cumulatively installed.
UK court dismisses legal challenge against 1.7-GW East Anglia offshore wind hub
The UK High Court has dismissed a claim brought by a group of local opponents – including a celebrity actor – against the permitting for the 1.7-GW East Anglia ONE and TWO offshore wind projects.
Final $2bn Viking Link cable laid in North Sea
The British and Danish electricity grids are physically connected for the first time, following the completion of cable works on the Viking Link interconnector.
Iberdrola increases renewables capacity, production
Iberdrola reports that that it has increased its renewable installed capacity by 6.5% worldwide to 41,246 MW in the past 12 months.
Chile government receives nine proposals for electrolyser factories
The Green Hydrogen Committee of the Chilean state agency Corporación de Fomento de la Producción (Corfo) says it has received "nine expressions of interest to develop various electrolyser manufacturing projects in the national territory”.
Niger commissions 30-MW solar plant in Gorou Banda
Large-scale solar power production proposed using satellites
The European Space Agency (ESA) and Switzerland-based Astrostrom are proposing a conceptual design,Greater Earth Lunar Power Station (GE-LPS), for large-scale solar power production via satellite to provide power to the moon.
Portugal's environment agency clears Galp biofuel project
Portugal’s environmental regulator this week cleared a project by the country’s main oil company Galp to bring online an industrial-scale facility to produce biodiesel and biojet fuel using cooking oils at its refinery in Sines.
Kenya to partner with Excel Services Corporation in nuclear ambitions
The top leadership of the Kenya Nuclear Regulatory Authority met with Excel CEO Donald Hoffman in Nairobi and discussed ways in which the country can tap into the company’s expertise, particularly in the area of improving NPP regulatory safeguards.
Chubu to take part in geothermal power project
Chubu Electric Power Co. of Japan has decided to participate in the world's first geothermal power generation and district heating supply project. The Eavor-Loop project by Canada’s Eavor Technologies is planned for Bavaria, Germany.
Australian consortium to develop floating offshore wind
A consortium led by Ireland-based Simply Blue Group plans to develop a floating offshore wind project off the New South Wales Hunter region in Australia.
Indian billionaire Gautam Adani plans 20-GW renewables hub
Adani Group chairman and billionaire Gautam Adani has said the conglomerate will build the world’s largest hybrid renewables hub in Gujurat, in Khavda.
ACWA Power granted land for 10-GW wind project in Egypt
ACWA Power, a Saudi-listed company, has signed a memorandum of understanding with Egypt’s New and Renewable Energy Authority (NREA) to allocate land for a 10-GW wind project.
German renewable energies investor JUWI building projects to generate 400 MW in South Africa
Germany's JUWI Renewable Energies (JUWI) has 400 MW of engineering, procurement and construction projects at advanced stages of development for mines in South Africa.
Minister says the two new nuclear reactors will cost Romania over €6.5bn
The two new reactors that state-controlled Nuclearelectrica company wants to build at the Cernavoda plant are expected to cost at least €6.5bn ($7.3bn), Energy Minister Sebastian Burduja said in an interview with Reuters on July 19.
MaxSolar arranges financing for 2 GW of solar and storage projects
German renewable energy developer MaxSolar has arranged a €410mn ($460mn) debt finance facility to support the construction of solar power generation and storage projects in Germany with a combined capacity of 2 GW over the next five years.
UK government pushing small-scale nuclear
The British government is betting on small modular reactors (SMRs), a type of nuclear reactor that has yet to be proven.
Toshiba, GE plan to produce Haliade-X nacelles in Japan
Japan’s Toshiba and US-based GE plan to start producing nacelles for GE’s Haliade-X offshore wind turbines in Japan in 2026.
Enel to sell 50% of Australian green business to Japanese oil company INPEX
Enel Green Power (EGP) of Italy will sell 50% of Enel Green Power Australia (EGPA) and Enel Green Power Australia Trust to INPEX Corporation of Japan.
Iran’s newly inaugurated Chamshir Dam boasts 50-square kilometre reservoir and hydro plant
Norwegian renewable energy firm Scatec sells 40-MW solar project in Mozambique for $8.5mn
A Norwegian renewable energy company, Scatec ASA (Scatec), has agreed to sell its 52.5% equity share in a 40-MW solar power plant in Mozambique to London-based Globeleq for $8.5mn.
Energix, First Solar enter into framework agreement
Energix Renewables has agreed to buy 5 GW DC of ultra-low carbon thin-film solar modules from First Solar.
Danish firms to develop $1.3bn offshore wind energy project in Bangladesh
Copenhagen Infrastructure Partners (CIP) will work on a $1.3bn offshore wind project off Bangladesh with its project development subsidiary Copenhagen Offshore Partners (COP). The 500-MW project will be in the Bay of Bengal.
Bosnia grants contracts for solar, hydropower plants
Solar and wind to supply more than 33% of world power by 2030
A new analysis by RMI in partnership with the Bezos Earth Fund, reveals that surging solar, wind and battery capacity out to 2030 is now in line with ambitious net-zero scenarios.
EBRD not an investor in Hidroelectrica’s "landmark" IPO
The European Bank for Reconstruction and Development (EBRD) has confirmed that it did not invest in Hidroelectrica's IPO because its strategy targets companies that use financing from listing offers for development, as opposed to exits.
$4bn in EU innovation funding awarded to clean tech
The European Commission has awarded more than €3.6 bn ($4bn) to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund.
Ghana must ensure transparency in lithium exploration, advocate says
Australia-based exploration and project development company Moab Minerals and mining group Atlantic Lithium are currently in the West African country to explore the precious metal in the Central Region.
Iran announces "solar park" in Qazvin
Iran will build a new 1,000-MW solar array in Qazvin, according to Mahmoud Kamani, Deputy Minister of Energy and head of Iran's Renewable Energy and Energy Efficiency Organisation (SATBA).
Shell signs 12-year LNG supply agreement with Morocco
Global energy group Shell signed an agreement with Morocco’s state power utility ONEE by which it will supply the North African country with 6bn cubic metres of liquefied natural gas over 12 years.
XLCC establishes subsea cable plant in Scotland to accelerate Morocco-UK Xlinks project
XLCC will establish a subsea cable factory in Scotland’s Hunterston after it won approval from the North Ayrshire Council Planning Committee; a move that will accelerate the ambitious Morocco-UK Xlinks subsea cable project.
Oslo-listed renewable energy investor Magnora sells South African asset to British firm Globeleq
Perth-based rare earths developer Lindian raises $24mn to ramp up exploration and development of Malawian asset
Estonian firm KC Energy to obtain 13 solar parks
Taiwan electronics giant makes belated moves to go green
Often dubbed the world's ‘largest technology manufacturer’, Taiwan’s Foxconn is finally making moves towards improving its own green footprint, both inside and outside the country, according to reports.
London-based Carbon Trade Exchange to support creation of carbon-offset registry in Zimbabwe
South Africa needs effective carbon pricing policies to meet climate mitigation goals, researchers say
EU carbon tax could shave 0.2% off Russian GDP
The entry into force of the EU Carbon Border Adjustment Mechanism (CBAM) may lead to a 0.17% drop in Russian GDP, according to the estimates of NIFI Centre for Macroeconomic Research cited by Kommersant daily.
Kyrgyzstan asks Turkey to consider exchanging state debt owed by Bishkek for green energy project participations
Malawian company Press Corporation acquires land to build 50MW solar farm in capital, Lilongwe
French Development Agency approves €80mn loan to support Morocco’s clean energy plan
The French Development Agency (AFD) has agreed to lend Morocco €80mn to support and accelerate the country’s green transition plan and strengthen institutional capacities in a number of areas.
Drought threatens this year’s French grain harvest that will fuel global food inflation
France, the largest wheat exporter in the European Union, is facing the threat of a reduced agricultural output this year due to low rainfall and the risk of drought. The impact of a poor French harvest will ripple out across the world.
World sees record heat waves
According to preliminary data from the World Meteorological Organization (WMO), the world has just experienced the hottest week on record (average July 3-9), reports Statista.
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