REM - Renewable Energy
Kyrgyzstan grants Siberia’s BitRiver right to draw power from Toktogul hydropower plant
Vattenfall’s proposed 864-MW offshore wind farm in Sweden hits roadblock
Swedish multinational energy company Vattenfall had its amended proposal to construct an 864-MW offshore wind farm in Sweden’s economic zone rejected by the Swedish government, Reuters reported on July 27.
Aviva Investors to buy 35% stake in Italy’s Innovo Renewables
Aviva Investors has announced it will purchase an initial 35% stake in Italy-based Innovo Renewables, Renews reported on July 28.
First Solar to invest $1.1bn in fifth US photovoltaic panel factory
Arizona-headquartered First Solar Inc will invest up to $1.1bn to construct the company’s fifth photovoltaic panel factory in the US Renewables Now reported on July 28.
Seven automakers to team up to build out EV fast-charging network in North America
A joint venture is being formed by seven large automakers to build out a large fast-charging network across North America for electric vehicles, CNN reported on July 26.
ADNOC sharpens climate targets ahead of COP28 summit
The Abu Dhabi National Oil Company (ADNOC) brought its net-zero climate targets forward five years to 2045 on Monday, 31 July as the United Arab Emirates prepares to host the United Nation’s COP28 conference in December.
Bio-LNG now possible in over 60 ports
The green LNG bunkering market has grown with bio-LNG now available in almost 70 international ports, including key shipping hubs such as Singapore and Rotterdam according to an analysis released by SEA-LNG on July 27.
Japanese minister to visit five southern African nations in search of 'critical' metals
Denmark’s CIP, Lithuania’s Ignitis to jointly bid in Estonian and Latvian offshore wind tenders
EV taxi import top priority: Industry Minister
MPC Energy Solutions reports on performance in H1 2023
MPC Energy Solutions (MPCES), a Dutch company focused on sustainable energy initiatives in Latin America and the Caribbean, has on its operational and financial performance in the first half of 2023.
AES El Salvador launches 1.3-MW solar farm in Meanguera del Golfo
AES El Salvador, the Salvadoran affiliate of US-based AES, has launched a new 1.3-MW solar power plant (SPP) in the municipality of La Union.
Greenvolt sold two wind farms in Poland
EDB says $140mn will be invested in the modernisation of the Armenian HPP cascade by the year 2033
The International Energy Corporation (IEC) in Armenia has announced a substantial investment of $140mn for the modernisation of the Sevan-Hrazdan cascade of hydroelectric power plants during the period of 2024 to 2033.
Paraguay, Brazil set to discuss extending treaty on 14-GW Itaipu HPP, says President-elect Pena
Negotiations are set to commence between Paraguay and Brazil to extend the treaty that governs the huge, binational Itaipu dam and hydroelectric power plant (HPP).
Commission discusses extending EV duty-free import status across EEU for two additional years
South Korea’s Anma offshore wind farm receives final environmental approval
Anma Offshore Wind revealed that it has been granted a successful final environmental impact assessment (EIA) by South Korea’s Ministry of Environment for its 532-MW offshore wind farm.
Abu Dhabi’s Masdar buys 49% stake in Baltic Eagle wind farm from Iberdrola
Abu Dhabi-based Masdar has agreed to purchase a 49% interest in the 476-MW Baltic Eagle offshore wind farm located in German waters from Spanish utility Iberdrola, Reuters reported on July 26.
Borusan EnBW Enerji, Petrol Ofisi team up for EV charging stations investment in Turkey
Zimbabwe carbon credit project owners rally against government's proposed revenue split
Romania to revive Tarnita-Lapustesti pumped hydropower plant project
Major project first broached by Nicolae Ceausescu in the 1970s was repeatedly revived but never implemented.
India gives thumbs-down to BYD on proposed EV and battery factory on subcontinent
India has spurned efforts by Chinese electric vehicle giant BYD in conjunction with local firm Megha Engineering and Infrastructures to build a new $1bn EV and battery plant in the country.
Vietnam Electricity Group to take a credit from Germany's KfW development bank to expand the Tri An HPP
The two parties held talks on July 26 and are close to agreement, the newswire reported, with a deal expected to be signed in November to coincide with a government-level meeting on Vietnam-Germany development co-operation.
China ahead of schedule on Xudapu 3 as Beijing awaits Russian reactors
one of the main construction hurdles for any nuclear power plant has been completed at the Xudapu unit 3 site in north-east China, a full six months ahead of schedule: the installation of the dome over the main reactor building.
Chinese consortium to build four hydro plants in Kyrgyzstan worth between $2.4bn and $3bn
ArcelorMittal South Africa posts $25mn loss in half year to June 2023 due to worsening electricity shortage
ArcelorMittal South Africa posted a $25mn loss induced by electricity shortages in the interim period to June 30 but expects steel demand from renewable energy projects to boost sales over the remainder of 2023.
Metals explorer Lindian pays $10mn towards purchase of 'globally significant' Malawi rare earths project
Africa’s untapped offshore wind energy potential
A background paper by the African Development Bank (AfDB) estimates that Africa has an annual offshore renewable energy production potential of 44.52 TWh of electricity.
Algeria accepts 77 proposals for establishing 2-GW solar plants
Algeria's state-owned gas utility Sonelgaz said on July 26 it had accepted 77 proposals from local and international firms bidding to establish 2 GW of solar energy plants after opening the technical bids in an auction.
Follow us online