REM - Renewable Energy
Portugal starts first phase of 2-GW offshore wind auction
Portugal has kicked off the preparatory process for its first auction of licences to build offshore wind projects.
Renewables firms reel from financial challenges
Top renewable energy firms are reeling from financial headwinds because of rising costs and inflation, supply chain snarls and overwhelmed solar demand. The tumult is greater than that seen in years.
New Republican US House speaker oversees proposed cut in Biden climate plan
Republicans in the US House have passed a bill to cut billions of dollars in President Joe Biden’s 2022 climate law. It is the first bill passed under new Speaker of the House Mike Johnson, who questions fossil fuel’s role in climate change.
Elements Green unveils plans for 1-GW solar project in England
Renewables developer Elements Green is at an early stage in developing plans for a new solar and energy-storage park in Nottinghamshire, England that has the potential to meet the power needs of some 400,000 homes.
Food production in Brazil is 74% of emissions, Climate Observatory study shows
Brazil’s food production made up 74% of the country’s emissions in 2021, according to a new study by Climate Observatory. Most of these emissions come from deforestation for farms and pastures.
Slovenia’s Rudis inaugurates 9MW wind power plant in Serbia
HD Hyundai Electric joins $14bn offshore wind project off South Korea
HD Hyundai Electric has joined a consortium for the construction of an offshore wind power complex off South Korea’s southwestern coast.
Scotland plans 10-fold increase in installed solar panels
Scotland intends to increase solar installations by 2030 by as much as 6GW, with a minimum of 4 GW, Green Party-chair Lorna Slater said, citing assurances by the Scottish government.
Brazil’s São Martinho to produce biomethane at Santa Cruz
Sugar and alcohol company São Martinho has unveiled plans to construct a biomethane plant in conjunction with the Santa Cruz sugar cane factory, located in Americo Brasiliense in the state of Sao Paulo.
Biden administration okays largest offshore wind project in the US
The administration of US President Joe Biden has approved the massive 2.6-GW Coastal Virginia Offshore Wind (CVOW) commercial project off Virginia. It is the fifth to have been approved at a commercial scale under Biden.
Aramco, ENOWA to develop synthetic e-fuel demonstration plant
NEOM has planned to oversee the construction of a synthetic e-fuel demonstration plant located in ENOWA’s Hydrogen Innovation and Development Center (HIDC) in NEOM's Advanced Manufacturing and Innovation City, Saudi Arabia.
BP to buy $100mn of Tesla ultra-fast chargers in US
BP has announced a deal in which its electric-vehicle (EV) charging business, BP Pulse, will buy ultra-fast charging hardware units from Tesla for $100mn. The investment will facilitate the expansion of the BP Pulse public network across the US.
Installed solar, wind in China surge
During the first nine months of 2023, installed-solar-power capacity in China rose to around 520 GW, up an eye-popping 45.3% year on year. Installed wind power surged 15.1% year on year to around 400 GW.
Used cooking oil turned into sustainable aviation fuel by SATORP
Saudi Arabian Oil Co. has seen success in its attempts to convert used cooking oil into sustainable aviation fuel (SAF) through various joint ventures.
CWP and GE to launch €1bn Albanian renewables project
CWP Global and General Electric’s wind power arm, GE Vernova Onshore Wind, have agreed to develop a €1bn large-scale hybrid wind-and-solar project that has the potential to elevate Albania to the status of a net exporter of electricity.
Canadian Solar unveils 5-GW solar cell manufacturing plant in US
Canadian Solar will build a 5-GW solar photovoltaics cell production facility in Jeffersonville, Indiana. Once production is fully ramped up, the $800mn facility will create around 1,200 jobs.
Claro Colombia setting up exclusively solar-powered base stations
The Claro Colombia telecommunications company has announced that 60 of its base stations are now powered exclusively with solar energy.
Statkraft acquires Swedish wind companies
Norway-based Statkraft, Europe’s largest renewables producer, has purchased two Swedish companies in onshore and offshore wind power.
Zimbabwe lithium exports treble to $209mn as Chinese investment into battery metals mining grows
Zimbabwe earned $209mn through lithium exports in the first nine months of 2023. But Africa’s number one lithium producer can derive more benefit if it facilitates greater investment towards exploration for the battery mineral.
Iraq wants to spend $100bn in turning its economy green
Nizar Amedi, Iraq's Minister of Environment, announced on October 26 the country's commitment to sustainable green economy investments, eyeing a transformative value of up to $100bn by 2035.
Indonesia's nuclear power future: NuScale Power and ThorCon announce plans
Indonesia is set to embrace a new era of nuclear power generation as two prominent US companies, NuScale Power and ThorCon Power, unveil ambitious plans to establish nuclear power plants in the country
Shandong's Haiyang Nuclear Power Plant sees Units 1 and 2 Generate 100 TWh of clean energy
The Haiyang nuclear power plant in China's Shandong province, has reached a remarkable milestone
Brazil’s draft bill on single-use plastics ban sparks jobs concerns
Brazil's efforts to ban single-use plastics have raised concerns within the chemicals and plastics industry, which warns of the possibility of a significant loss of jobs if companies cannot adapt to the proposed regulations.
UAE's Masdar to build 1 GW of clean energy plants in Azerbaijan in first phase
The strategic agreements cover the first phase of a 10-GW pipeline of renewable energy projects in Azerbaijan signed in June 2022.
Japan to create joint crediting mechanism for low-carbon growth focus with Kazakhstan
Vietnam's Northern Province of Bac Giang attracts VND8.7 trillion for PV project
Bac Giang, a Northern province in Vietnam, recently welcomed an influx of VND8.694 trillion into the Silicon Bar Production Project
Masdar’s negotiations to enter Turkish renewables market with acquisition reportedly collapse
Turkey receives €8mn EU grant for offshore wind sites assessment
Iran looks to solar power to solve energy shortages
Subsidised prices, over-reliance on gas and oil, and a lack of investment (partly due to international sanctions) have led to worsening energy shortages.
Westa.Solar boosts installed solar capacity in Nigeria to 3MWp
Geothermal-heated greenhouses said to be rapidly revolutionising agriculture in Turkey
Tajikistan, Turkmenistan initiatives feature as EU summit presents Global Gateway alternative to China’s BRI
Solar projects in the Philippines, tip of Energy China’s global iceberg
In line with the Philippines' heightened commitment to green energy of late, a major Chinese corporation, China Energy Engineering Group Co., is poised to commence construction on two new solar projects in Luzon.
China’s solar tech may dominate but supply still fails to meet demand
In a ground-breaking achievement poised to revolutionise renewable energy, a team of Chinese researchers has unveiled a pioneering solar cell technology capable of remarkable efficiency, exceptional stability and an extended operational lifespan
Petrobras advocates for thorough qualification criteria in offshore wind farm auctions
Expanding trends in Thailand’s electricity industry according to Economic Intelligence Center (EIC) analysis for 2024
The Economic Intelligence Center, a unit under the Siam Commercial Bank, has conducted a comprehensive analysis of Thailand's electricity sector for the year 2024
Follow us online