REM - Renewable Energy

23 November 2023

Uranium moves past the $80-per-pound mark, a level not seen in over 15 years

22 November 2023

Uranium prices have surged past the $80-per-pound mark, for the first time in over 15 years.

The Philippines moves closer to nuclear power generation

22 November 2023

The Philippines House of Representatives has given its nod to House Bill 9293, also known as the proposed Philippine National Nuclear Energy Safety Act.

Foresight Energy Infrastructure Partners invests in 85 Degrees Renewables to expand Dutch geothermal business

22 November 2023

Foresight Energy Infrastructure Partners (FEIP), an energy transition fund managed by Foresight Group, has made a substantial equity investment in 85 Degrees Renewables, a company focused on geothermal energy in the Netherlands.

Maharashtra Electricity Regulatory Commission boosts rooftop solar net metering cap

22 November 2023

In a move to encourage solar energy adoption, the Maharashtra Electricity Regulatory Commission has announced an increase in the net metering cap for rooftop solar projects in the state.

Jiangsu, East China, to construct 10-GW offshore wind energy bases by 2027

22 November 2023

In a bid to advance its commitment to green and low-carbon development, Jiangsu Province in East China has unveiled plans to establish two clean energy bases.

RenewSys secures 100-MW solar module supply deal with Engie India

22 November 2023

RenewSys India has signed a significant deal with Engie India, agreeing to supply 100 MW of solar modules.

IAEA looks into Manila’s up-and-running nuclear research facility

22 November 2023

A team of experts from the International Atomic Energy Agency has affirmed the Philippines' commitment to the secure operation of the Philippine Research Reactor-1 Subcritical Assembly for Training, Education and Research

Tata Power Renewable Energy Ltd achieves milestone of 1.4 GW in group captive projects

22 November 2023

Tata Power Renewable Energy Ltd has surpassed a group captive project capacity exceeding 1.4 GW over the last seven months.

US to unveil global fusion strategy at COP28

22 November 2023

The US will unveil the first global strategy to commercialise fusion power at COP 28 starting on November 30.

UN carbon body settles for key framework on Article 6.4 ahead of COP28

22 November 2023

The UN carbon organisation has reached a significant milestone in advance of COP28, the UN climate change summit in Dubai. The organisation is responsible for establishing global carbon market guidelines under Article 6.4 of the Paris Agreement.

COMMENT: Governments are failing us on climate change as COP28 nears

22 November 2023

The outcome of COP28 won’t save the world from climate chaos. That much is clear, with major economies failing on climate change, the US continuing to drill fossil fuels and China building more coal-burning plants.

The planet exceeded 2 C warming on November 17

22 November 2023

Earth briefly passed the threshold of 2 degrees Celsius warming on November 17 for the first time, a milestone that climate scientists have long warned about.

Shell and BP entering agrivoltaics

22 November 2023

Energy majors such as Shell and BP are increasingly entering agrivoltaics, whereby solar photovoltaics is paired with agriculture such as sheep grazing. Meanwhile, the US Department of Energy is funding six agrivoltaics projects.

Germany and the UK mull 640-kilometre hydrogen undersea pipeline

22 November 2023

Germany has made a request to the UK to explore the possibility of constructing a lengthy hydrogen pipeline beneath the North Sea. The request arises as Germany, Europe's largest economy, seeks solutions to reduce its reliance on fossil fuels.

North Sea countries unveil 100-GW offshore wind tender plan

22 November 2023

The North Seas Energy Co-operation countries are initiating a collaborative effort to plan joint offshore wind tenders.

Monarch Energy partners with LS Power on green hydrogen

22 November 2023

US green hydrogen project developer Monarch Energy has teamed up with LS Power, a North American power and energy infrastructure manager based in New York.

Copenhagen Infrastructure Partners begins work on Canada’s largest onshore wind project

22 November 2023

Copenhagen Infrastructure Partners has begun construction of a 495-MW wind farm, Buffalo Plains, Alberta. Once operational, the project will produce enough clean energy to power more than 240,000 homes.

Norway’s Statkraft buys Spanish engineering company Enerfin

22 November 2023

Statkraft, owned by the Norwegian Ministry of Commerce, Industry & Fisheries, has announced the purchase of Spain’s Enerfin, a renewable subsidiary of the Elecnor Group.

Energinet, Statnett consider hybrid interconnector between Denmark and Norway

22 November 2023

Norway’s transmission system operator (TSO) Statnett is partnering with five other TSOs in North Sea countries to study a possible hybrid grid infrastructure for offshore wind.

PT PLN leads Southeast Asia with 21 green hydrogen plants opening in Indonesia

22 November 2023

PT PLN has achieved a milestone by officially inaugurating 21 Green Hydrogen Plants across Indonesia, solidifying its position as the company with the largest number of GHP in Southeast Asia

Masdar launches Abu Dhabi solar project

21 November 2023

UAE-based clean energy company Masdar and its partners along with procurer Emirates Water & Electricity Company (EWEC) have inaugurated the 2-GW Al Dhafra solar photovoltaic project in the UAE.

Petrobras aims to transition to renewable hydrogen in refineries

21 November 2023

Brazil’s state-owned energy major Petrobras is actively considering a shift from conventional fossil hydrogen to renewable hydrogen in its refining processes, according to William Franca, the company's executive officer for Industrial Processes.

NPS launches Thailand's largest floating solar farm, accelerating clean energy adoption for industrial growth in Prachinburi

21 November 2023

National Power Supply Public Company Limited, a leading electricity and water provider, has commenced the commercial operation date for the first phase of Thailand's largest floating solar farm

Japex, JGC Holdings and Kawasaki Kisen Kaisha partner with Petronas CCS Ventures for offshore CCS project

21 November 2023

Japan Petroleum Exploration, JGC Holdings Corporation and Kawasaki Kisen Kaisha have agreed and signed a key participation agreement with Petronas CCS Ventures.

INTERVIEW: Green transition must be a just transition, says EBRD chief economist

21 November 2023

EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.

BP seeks renewable energy partnerships

21 November 2023

BP is actively looking for partners for offshore wind ventures in Japan and exploring potential investments in hydrogen technology firms.

Octopus Energy launches offshore wind fund with Tokyo Gas

21 November 2023

Octopus Energy’s renewables investing arm has launched a dedicated fund with Japan's Tokyo Gas to invest GBP3bn ($3.7bn) in offshore wind projects by 2030.

Taiwan commits $126mn to accelerate hydrogen power production

20 November 2023

In a bid to advance domestic hydrogen power production, Taiwan’s Executive Yuan has approved a budget of $125.6mn for a two-year project.

European Commission rebukes Lithuania for ‘failing’ to cut emissions

20 November 2023

The European Commission has rebuked Lithuania for not fully complying with EU law in relation to air pollution and to reduce emissions of several pollutants to cut air pollution.

PLN forges global collaborations for green electricity development in Indonesia

20 November 2023

PT PLN has recently formalised a memorandum of understanding with five prominent global energy companies, marking a significant step towards the development of a green electricity ecosystem in Indonesia

EBRD supports €3bn plan for North Macedonia's green energy transition

17 November 2023

The focus of North Macedonia's coal-to-renewables transition is the REK Bitola thermal power plant that contributes over 70% of the country's total electricity production.

Pertamina strikes CCS deals with US majors

16 November 2023

Indonesia’s state-owned oil and gas producer Pertamina is pressing on in its talks with US majors ExxonMobil and Chevron on investments in carbon capture and storage facilities.

US and China agree to ramp up renewables

16 November 2023

The US and China – the world’s largest emitters – have agreed to try and replace fossil fuels with renewables. Both countries will speed up the adoption of wind, solar and other clean energy through 2030.

Siemens Energy reports $4.9bn loss, secures $16.2bn in guarantees

16 November 2023

Siemens Energy has reported a loss of €4.5bn for its 2023 fiscal year. The loss was largely because of its wind turbine division, Siemens Gamesa, which had overshadowed an “excellent performance” of its natural gas and grid activities.