REM - Renewable Energy
REM: Lobbying under way as US clean hydrogen rules in debate
Lobbying under way as US clean hydrogen rules in debate
A public hearing will be held in late March on the US Treasury Department’s new and controversial clean hydrogen guidance, unveiled just before Christmas. And fierce lobbying is now under way to try and influence the final rules.
Tide starting to turn for wind power: Vestas will have “massive” revenue growth
Denmark’s Vestas, the world’s largest wind turbine manufacturer, will see “massive revenue growth in the coming years”, said a senior analyst.
ENERGO: More wind generation in Europe than coal, says Ember
More wind generation in Europe than coal, says Ember
For the first time, Europe saw more wind power generation in the last quarter of 2023 than generation from coal. This is according to the climate think-tank Ember.
South Africa’s energy transition to benefit from international financing despite political risks, says Moody’s
Ho Chi Minh City lights up ambitious green energy plan: LEDs and rooftop solar by 2030
Gautam Adani promises $24.05bn investment in Gujarat, to create 100,000 jobs
The Adani Group has unveiled plans to invest INR2 lakh crore - $25.04bn - in Gujarat's green energy and renewable sectors over the next five year
Commercial fusion reactors breakthrough expected in 2024
A breakthrough in producing power by fusion reactions is expected in 2024, according to S&P Global.
North Macedonia approves Spain’s grant for integrating floating PV plants in irrigation network
Astra Group's United Tractors dives into the geothermal sector with Supreme Energy acquisition
PT United Tractors, Astra Group’s subsidiary specialising in heavy equipment, construction, and energy, is set to broaden its business through the acquisition of geothermal power generation company PT Supreme Energy
State-owned electricity company PLN to implement bundled scheme for large-scale renewable energy projects
The Executive Director of the Institute for Essential Services Reform, Fabby Tumiwa, is urging state electricity company PT PLN to initiate auctions for large-scale renewable energy projects in 2024
Azerbaijan announces the master plan of Baku
Turkish Fortis Energy plans to build 2 GW of renewable capacities in five Balkan states
Azerbaijan appoints former oil executive as head of climate talks
Choice of Mukhtar Babayev, a former SOCAR executive, follows the contentious leadership of Sultan Ahmed al-Jaber from the UAE during last month’s COP28.
Uzbekistan raises $22bn foreign investment in 2023, aims to expand green energy projects
Chinese iron and steel firm Dinson widens Zimbabwean footprint, secures two lithium claims
Solar panels company to invest $13mn in Armenia
China building up electric auto infrastructure in Central Asia
An update on infrastructure development and investment in Central Asia.
Vega Solar installs rooftop PV plant for Alba Cosmetic International
Albanian photovoltaic system company Vega Solar has completed the installation of a 500-kW photovoltaic (PV) plant for Alba Cosmetic International, Vega announced in a Facebook post.
De-industrialisation in Germany dramatically reduces emissions in 2023
Germany led the way in reducing emissions in 2023, but the fall had more to do with the dramatic de-industrialisation due to the effects of the war in Ukraine and soaring energy costs than it did with green policies.
COP29: Is Azerbaijan ready for decarbonisation?
In November 2024 Azerbaijan will host one of the largest international events, the COP29 climate summit, as Baku ramps up its renewable strategy.
Hydropower giant Hua Na debuts on HoSE with over VND4 trillion valuation, despite profit dip in 2023
Hua Na Hydropower Joint Stock Company, the investor behind the 180MW Hua Na Hydropower Plant, is poised to make its grand entrance on the Ho Chi Minh City Stock Exchange
AsiaElec: Quang Tri solar and wind projects attract Singaporean and Taiwanese investors
Quang Tri solar and wind projects attract Singaporean and Taiwanese investors
Foreign investors eyeing Quang Tri's solar and wind energy potential with potential stake purchases include Singaporean and Taiwanese companies
OMV Petrom steps towards green future with renewables and electromobility deals
Southeast Europe’s biggest energy company buys into wind and solar power company and EV charging network.
Carbonaires enters into PPP with North Macedonia to establish voluntary carbon markets
North Macedonia fails yet again to get €1bn Cebren HPP project started
14th tender for the Cebren hydropower plant with one of the world's tallest dams fails after efforts that started back in the 1960s.
Shin Hanul Nuclear Plant expands with second unit grid connection
South Korea's nuclear energy capabilities have received a significant boost as the second unit of the Shin Hanul nuclear power plant has started supplying electricity to the national grid
China creates new nuclear fusion body
In a major stride towards pioneering the future of energy, China unveiled the formation of the China Fusion Corporation on December 29
Globeleq secures funding for 35-MW geothermal plant in Kenya
Iran to build two new solar farms in north
Iran has unveiled plans to build two more solar power parks in the north under a broader imitative that would see the country churn out 4,500 megawatts of green energy per day before the summer peak.
Hungary relaxes rules in bid to boost wind power
Output of Czech nuclear power plants dropped by 0.6 TWh y/y in 2023
Czech nuclear power plants Dukovany and Temelin delivered 30.6 TWh of electricity to the domestic energy grid in 2023.
Setback for Sinopec: Kuqa Green Hydrogen Project delayed until late 2025
In a far-reaching development for China’s efforts to expand its green hydrogen output, Sinopec has conceded that its Kuqa green hydrogen project, currently the world’s largest, will not reach full operational capacity until late 2025
The retreat of glaciers in the 21st century
A recent UNESCO study on protected glaciers around the world highlights the particularly severe impact of climate change on the Arctic region, where glacier and ice cap melting is generally faster than in the Antarctic.
NREI, a joint venture of RATCH Group, acquires 30MW hydropower plant in Vietnam
Nexif Ratch Energy Investments Pte. Ltd., a joint venture of RATCH Group, has successfully acquired a 100% stake in the Minh Luong hydropower plant in Vietnam for approximately $25mn
India’s SJVN pins down 100-MW solar project in Gujarat
In a much lauded advancement in India's renewable energy sector, SJVN Limited has successfully acquired the rights to develop a 100-MW solar power project
UPC Renewables sells wind power assets in Indonesia
In a significant move to bolster renewable energy in Indonesia, PT Barito Wind Energy and ACEN Investments HK Limited have finalised a sale and purchase agreement to acquire UPC Renewables Asia Pacific Holdings' late-stage wind development assets
South African renewables investor Hive Hydrogen optimistic "world-largest" project to help fuel development
€81mn secured for Tirana green transport project
Bangladesh energy report urges shift to renewables
The Centre for Policy Dialogue has called upon Bangladesh's political factions to actively participate in steering the country towards renewable energy
Belarus’ Russian-built nuclear power plant leak in February 2022 reported
Leaked documents seen by Bloomberg suggest that there was an incident at Belarus’ Russian-built Ostrovets (aka Astravets in Lithuanian) nuclear power plant in February 2022
Final COP28 agreement is a cop-out
The final COP28 agreement calls for a "historic" transition away from fossil fuels and a trebling of renewables. But in the end it seems the fossil fuel lobby won.
European Commission provides €1.2bn to Bulgaria for green transition in coal regions
Engie begins developing 37MWp solar park in central Romania
Nexans signs €100mn agreements to build third cable plant in Morocco
ThorCon Power Indonesia to collaborate with state-owned enterprises for nuclear power plant development
PT ThorCon Power Indonesia, a subsidiary of the U.S.-based nuclear power plant company ThorCon, is set to collaborate with a State-Owned Enterprise to establish a joint operating company for the development of a nuclear power plant
Powering a sustainable future: Vietnam seeks to boost domestic renewable energy production
Vietnam, a rising star in Southeast Asia's renewable energy scene, is aiming to accelerate its domestic production of solar and wind power solutions
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