REM - Renewable Energy
ENERGO: Uranium moves past the $80-per-pound mark, a level not seen in over 15 years
Uranium moves past the $80-per-pound mark, a level not seen in over 15 years
Uranium prices have surged past the $80-per-pound mark, for the first time in over 15 years.
Putin expresses interest in Tajik uranium, lithium and rare earths after Moscow talks with Rahmon
The Philippines moves closer to nuclear power generation
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
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
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
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
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
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
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
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
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.
REM: Governments are failing us on climate change as COP28 nears
COMMENT: Governments are failing us on climate change as COP28 nears
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
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
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 signs deal to import LNG from Nigeria, invest $500mn in renewable energy projects
Germany and the UK mull 640-kilometre hydrogen undersea pipeline
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
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
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
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
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
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.
South Africa's Sasol secures 98 MW of renewable energy to power oxygen production facility
PT PLN leads Southeast Asia with 21 green hydrogen plants opening in Indonesia
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
Lithuania's Ignitis Grupe boosts 9M net profit 15% to €212.6mn y/y
Masdar launches Abu Dhabi solar project
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
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
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
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
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.
Four Polish lenders form consortium to finance Polsat Plus Group’s wind farm project
BP seeks renewable energy partnerships
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
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
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.
Nigeria launches $500mn RIPLE project for sustainable energy growth
Sun Africa to invest $2.2bn in Nigerian power infrastructure
Zambia power utility Zesco pays $600mn of $1.7bn debt, unveils plans to build $89mn solar project
Atlantic Lithium rejects takeover bid by major shareholder Assore
European Commission rebukes Lithuania for ‘failing’ to cut emissions
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
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
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.
AIM-listed rare earths investor Mkango to build and operate 25MW solar plant at Malawi project
Scottish Enterprise spends GBP9mn to set up cables factory for Xlink's UK-Morocco project
Foreign investors flood Mozambique's solar energy sector despite continuing Islamist insurgency
Pertamina strikes CCS deals with US majors
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.
REM: US and China agree to ramp up renewables
US and China agree to ramp up renewables
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
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.
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