REM - Renewable Energy
EDB planning to commit $130mn to Tajikistan’s multi-billion-dollar Rogun hydroelectric mega project
Warmest Arctic summer on record is evidence of accelerating climate crisis, says NOAA
The Arctic region is heating up faster than any other part of the world, according to the US National Oceanic and Atmospheric Administration’s 2023 Arctic Report Card.
Van Oord upgrades offshore installation vessel to support offshore wind
Dutch marine contractor Van Oord is upgrading its offshore installation vessel, Svanen, to support the next generation of wind turbine components for offshore wind.
Denmark’s Floating Power Plant receives €26mn EU grant
Danish renewable energy technology developer Floating Power Plant has signed a grant agreement with the European Commission’s Innovation Fund for €26mn ($28mn) to support its SEAWORTHY project in the Canary Islands.
Consortium building $5bn hydropower project in Mozambique to be led by France's EDF
Mozambique has selected a consortium led by French energy investor EDF to build a new $5bn hydropower project in the country along on the Zambezi river.
Report finds huge rooftop solar potential in Turkey
Brazil’s ethanol industry aims for global expansion
The Brazilian sugarcane industry association, Unica, and the foreign trade agency, ApexBrasil, plan to invest BRL19.5mn ($3.9mn) to present ethanol as the most viable path to phasing down fossil fuels.
Czech Emma Capital to complete largest solar park in Moldova
COP28: Iraq breathes sigh of relief on muted carbon reduction pledge at Dubai summit
Laos takes a dive into sustainable power: floating solar project takes flight
Laos is diving headfirst into the world of renewable energy, with a focus on cutting-edge floating solar technology,
REM: COP28 agrees to triple renewables by 2030
Centralised solar plants total 11 GW in Brazil
Brazil has just surpassed the mark of 11 GW of operational power in large solar plants, according to mapping by the Brazilian Photovoltaic Solar Energy Association.
COP28 agrees to triple renewables by 2030
COP28 ran overtime, and nearly 200 countries finally agreed to transition away from fossil fuels, and to triple renewable energy and double energy efficiency.
Nordex begins installing turbines at Finland’s Karahka wind farm
Germany-based Nordex has begun installing turbines at the Karahka wind farm in Finland’s North Ostrobothnia region north of the town of Oulainen, about 40 kilometres east of the Gulf of Bothnia.
Coal money helped scupper a pilot Great Lakes wind project
LEEDCo’s 20.7-MW Icebreaker Wind project in Lake Erie has been halted. It would have been the first freshwater offshore wind project in the US.
China’s largest onshore wind facility begins full-power operation
China’s largest onshore wind power project, with an electricity generating capacity of more than 10 TWh a year, has reached full-capacity production and was connected to the grid in north China’s Inner Mongolia Autonomous Region.
Infroneer to buy wind company hit by racehorse bribes for $1.4bn from Bain
The Japanese civil engineering consortium, Infroneer Holdings, plans to acquire Japan Wind Development, a wind power firm, from US private equity giant Bain Capital, in a transaction estimated at JPY200bn ($1.36bn).
Equinor, Korea Southern Power may partner on offshore wind
Korea Southern Power and Norway’s Equinor have signed a memorandum of understanding to explore a potential partnership on offshore wind projects in South Korea near Chuja Island.
Ørsted and Glennmont start construction of Borkum Riffgrund 3 wind farm
Denmark’s Ørsted and clean energy investment fund manager Glennmont Partners have started construction at the 913-MW Borkum Riffgrund 3 offshore wind project in the German North Sea.
COP28 host Dubai to halve emissions by 2030
Dubai, host city of the COP28 climate summit, will halve its emissions by the end of the decade.
Slovenia receives first €24mn prepayment for REPowerEU measures in green transition
TotalEnergies joins wave energy collaboration
French oil company TotalEnergies has joined a collaborative wave project near the Orkney Islands off Scotland. The project, Renewables for Subsea Power, will get wave power from Mocean Energy and, from Verlume, subsea energy storage.
COP28: vague and voluntary promises
To say that COP28 in Dubai has been eagerly awaited would be an understatement.
Brazil commits to methane reduction regulations by 2025
Brazil has pledged to introduce regulations aimed at reducing methane emissions from the oil and gas sector by the end of 2025. The announcement was made at the UN COP28 climate summit's Global Methane Pledge Ministerial.
Brazil’s regulator ANP authorises biodiesel imports in January
Brazil commits to $40bn worth of investments in biofuels by 2037
Brazil’s BNDES, World Bank sign MoU for green hydrogen projects
Domestic player lags behind as foreign giants feast on Vietnam's solar battery boom
Vietnam's solar battery market is experiencing explosive growth, projected to reach a value of over $3bn by 2030
Deal on transition away from fossil fuels struck at COP28
Compromise agreement reached after hottest year on record does not explicitly commit to phase-out of fossil fuels.
Barito Renewables Energy expands portfolio with acquisition of wind power plant in South Sulawesi
PT Barito Renewables Energy Tbk has reached a preliminary agreement to acquire 100% of the shares of PT UPC Sidrap Bayu Energy
Morocco announces consortia prequalified for construction of 400-MW solar plant
Morocco’s state-owned Agency for Sustainable Energy (MASEN) released on Tuesday, December 12, a list of international consortia that prequalified to build the 400-MW Noor solar energy project in Morocco, according to a statement.
Petrobras and Rio de Janeiro State mull CCUS Hub
Petrobras and the state of Rio de Janeiro have signed a protocol of intentions to jointly evaluate the implementation of carbon capture, utilisation and storage (CCUS) pilot projects, according to Petrobras on December 3.
Solar power surpasses wind as Brazil’s second source of energy
Solar energy has become the second-largest source of energy in Brazil's electrical matrix, with almost 35 GW installed, representing 15.8% of the country's total energy capacity.
Colombia’s Erco Energia starts up two solar plants in Tolima with 18.9 MW of capacity
Colombian company Erco Energia has started up operations for its first two large-scale solar plants, located in the municipality of Guamo in the Tolima department, with combined installed capacity of 18.9 MW.
Brazil’s Hydrogen Bill could reintroduce subsidies, say sources
The lower house of Brazil's congress gave its approval to a hydrogen regulatory bill which excluded most subsidies sought by the sector, but industry participants remain optimistic about the potential return of incentives in later draft versions.
South Africa aims to add 2,500 MW of nuclear power capacity, says electricity minister
France’s HDF Energy unveils $2.5bn hydrogen investment plan in Mexico
French company HDF Energy is gearing up for an investment of $2.5bn in Mexico focusing on the development of seven hydrogen projects spanning from 2024 to 2030.
Carbon pricing would raise the money needed for climate crisis, says head of IMF
The head of the International Monetary Fund has said that using the trillions of dollars that subsidise fossil fuel and bringing in carbon pricing would be enough money to tackle the climate crisis.
South Africa's Hive Hydrogen, Japan's Itochu to collaborate on $5.8bn green ammonia export project
Hive Hydrogen South Africa (Hive) and Japan’s Itochu Corp. have signed a memorandum of co-operation to advance the former’s $5.8bn Coega Green Ammonia Export Project (Coega) in the African country.
Azerbaijani Energy Minister meets China Energy International Group
Azerbaijani Energy Minister Parviz Shahbazov held a meeting in Baku with the president of China Energy International Group Co., Qiao Xuebing.
China to produce electric buses in Azerbaijan
Azerbaijan Investment Company, the Chinese conglomerate BYD Company and the Electrify Azerbaijan Company have signed a memorandum of understanding.
Kosovo inks €80mn deals for solar heating plant in Pristina
Brazil expands natural gas capacity alongside offshore wind legislation
Brazil has approved a new legal framework for offshore wind energy, paving the way for the addition of 4.25 GW of natural gas thermoelectric plant capacity. This initiative is expected to support the integration of new pipeline networks.
EU, Brazil, California and Panama join Global Offshore Wind Alliance
The EU, Brazil, Panama, and the US state of California officially endorsed on December 5 the Global Offshore Wind Alliance (Gowa). The announcement came during the UN COP28 climate conference held in Dubai.
South Africa’s Cabinet approves updated energy generation plan
Masdar advances 10GW Africa energy transition growth plan
UAE-based Masdar is advancing a 10-GW growth plan across six Sub-Saharan nations. The announcements were made during COP28, in Dubai in the UAE.
Renewables grow in Poland’s energy mix in 2022
Barito Renewables Energy surpasses Bank Central Asia in Indonesia’s market cap
Barito Renewables Energy, a geothermal company owned by conglomerate Prajogo Pangestu, has claimed the top position in the list of companies with the highest market capitalisation on the Indonesia Stock Exchange
Turkey erecting obstacles to Chinese EV imports
COP28: Turkey plans to invest $10bn by 2030 in power grid
India’s PV module market gets a boost
Waaree Energies Limited has joined forces with IRCON Renewable Power Limited to deliver more than 200 MW of solar photovoltaic modules in Karnataka
NHOA unveils largest BESS in Taiwan to support E-dReg ancillary service
New Horizons Ahead has successfully inaugurated a cutting-edge Battery Energy Storage System in Taiwan
ADB in $10bn climate finance package for the Philippines
The Asian Development Bank has declared a significant climate financing initiative amounting to $10bn for the Philippines
Leaked hydrogen tax guidance suggests US tax credits will not be available for blue hydrogen
A leaked version of the US Treasury Department's much-awaited draft guidance on the Inflation Reduction Act's hydrogen tax credit appears to suggest that a narrow approach will be taken.
Ghana minister defends Atlantic Lithium mining deal slammed as "colonial" by local think tank
French renewables group ENGIE attains financial close for two 75-MW South Africa solar power projects
South Africa's SOLA Group to invest in $149mn solar project, signs three offtake agreements
Poland’s Orlen Synthos Green Energy receives permit for six SMR projects
Orlen Synthos Green Energy, a joint venture between Poland's state-owned oil and gas company Orlen and the industrial group Synthos, received a so-called decision-in-principle for the development of six small modular reactors in various locations.
PLN and Hydrogen de France join forces for renewable energy advancements in Indonesia
In a move towards sustainable energy initiatives, Indonesia-owned electricity company PT PLN has entered into a business agreement with Hydrogen de France, a French company
State-owned electricity company PLN collaborates with Pupuk Indonesia and ACWA Power for green hydrogen and green ammonia advancement
In a move towards achieving clean energy goals, PT PLN, PT Pupuk Indonesia, and ACWA Power have officially entered into a Joint Development Agreement to cooperate on the development of integrated green hydrogen and green ammonia
Vietnam proposes incentives to boost rooftop solar power
The Vietnamese government has proposed new incentive policies aimed at boosting the development of rooftop solar power across the country
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