REM - Renewable Energy
Canada’s oil sands emit much more pollution than official estimates, says report
Canada’s vast oil sands emit far more air pollution than was previously thought, says a new study. The currently estimated carbon-based pollution is dozens of times higher than official estimates, said the research.
Global clean energy investment ‘not nearly sufficient’ for net zero by 2050
Global investment in the low-carbon energy transition surged 17% in 2023 but a BloombergNEF report finds this is not nearly sufficient to be on track for net zero by 2050.
China's wind, solar forecast to overtake coal this year
China's installed wind and solar capacity will overtake coal for the first time this year, said the China Electricity Council (CEC) in its annual report.
South African green hydrogen developers called to seek support via $290mn German funding window
China shaping Central Asia into auto export hub
Uzbek President Shavkat Mirziyoyev hopes that a new BYD plant in his country will before long be able to produce 300,000 cars per year.
PT Bukit Asam expands its sustainable energy portfolio through collaboration with PT Krakatau Chandra Energi
PT Bukit Asam Tbk, a member of the MIND ID Group, is diversifying its business to realise its vision of becoming an environmentally conscious world-class energy company
Mizuda eyes Cambodian waste-to-power generation, seeks talks with government
Japanese waste management company Mizuda Sanitation Co Ltd has reiterated its interest in expanding its operations in Cambodia
Uzbekistan and China seal solar energy deal
Uzbekistan and China have inked a landmark agreement for a 100 MW solar energy project
IFC joins forces with Clime Capital to boost clean energy in SE Asia with $15mn investment
In a move to advance clean energy initiatives in Southeast Asia, the International Finance Corporation has announced a $15mn investment in the Southeast Asia Clean Energy Facility II
Rooppur 2 in Bangladesh nears completion with key safety system installation
In a significant advancement for Bangladesh's nuclear power capabilities, Rosatom has successfully completed the installation of the passive heat removal system at Rooppur 2
Brazil’s Petrobras aims to acquire solar, wind assets
Brazil’s state-owned energy major Petrobras plans to initiate the acquisition of stakes in domestic onshore wind and solar projects this year, aiming to establish a renewable energy portfolio of approximately 2 GW, according to CEO Jean Paul Prates.
Iran okays green power export to neighbours
Uzbekistan agrees $150mn deal for Chinese electric ambulances
German consultancy Fichtner to undertake feasibility study for 110-MW Zambia hydropower project
Indonesian conglomerate Indika Energy invests in sustainable mobility startup Shift4Good
Indika Energy, a member of the Indonesian conglomerate Indika Group, has directed investments into the sustainable energy startup Shift4Good through a venture capital based in Singapore and France
Report urges US to step up push for big share of Central Asia’s rare earths prize
Americans should make their move before China looks to corner sector, experts say. The soft heavy metals are important to the green energy revolution and some latest weapons systems.
Serbia signs €2bn renewable energy deal with Chinese companies
Agreement signed with Shanghai Fengling Renewables and Serbia Zijin Copper is the start of Serbia's largest-ever renewable energy project.
EIB lends €40mn to Eldrive to build electric vehicle charging stations in Bulgaria, Lithuania and Romania
ExxonMobil sues ESG investors to block shareholder climate petition
ExxonMobil has filed a lawsuit in federal court in Texas court to try to stop activist investors from bringing a climate proposal to a vote at its annual shareholder meeting on May 29.
NEO: EU green ambitions under siege amid Red Sea crisis, Russian aluminium ban fears
The EU has long positioned itself as a global champion of green energy and the world’s battle against climate change but the Red Sea Crisis and a mooted ban on Russian aluminium imports are undermining those goals.
Cambodia eyes green growth with 70% renewable energy target
Cambodia is gearing up for a significant shift towards renewable energy, aiming for a 70% green electricity share by the end of 2024
Vietnam and US deepen economic ties as Fernandez pledges $8bn in clean energy investment
Vietnam and the United States are poised to strengthen their economic partnership, with $8bn in potential clean energy investments
Ukraine's State Enterprise Guaranteed Buyer pays off 60% of debts to renewable generators
In 2023, the State Enterprise Guaranteed Buyer, responsible for the purchase of renewable energy in Ukraine, paid a total of UAH30.35bn ($808mn) to producers of green electricity, paying off 60.05% of its debts.
EGAT charts hydrogen path from lignite: extending Mae Moh, cutting emissions
Thailand's Electricity Generating Authority is pioneering a green makeover for the iconic Mae Moh coal power plant
Hungary’s state energy giant makes green transition a pillar of long-term strategy
MVM is also eyeing further expansion in the Balkans and an eventual IPO on the Budapest bourse.
Barclays sees Hidroelectrica’s shares 13% above current level
Indonesia inaugurates first commercial BioCNG plant
Indonesia achieved a milestone in renewable energy with the official commencement of operations of the first commercial BioCNG (Compressed Natural Gas) or Biomethane plant on January 22
Greenpeace urges Taiwan to diversify renewable energy market, reduce Taipower's grip
Environmental advocacy group Greenpeace has called for an end to the dominance of Taiwan Power Co. in the country's renewable energy sector
SECI announces winners in India's 450,000 MT green hydrogen manufacturing auction
The Solar Energy Corporation of India Limited has declared the winners of its groundbreaking auction to establish facilities capable of producing 450,000 tonnes of green hydrogen annually
Hero Future Energies inks INR40bn renewable energy deal with Uttar Pradesh government
At the World Economic Forum meetings in Davos, Switzerland, Hero Future Energies, a leading player in the renewable energy sector, signed a Memorandum of Understanding with the Uttar Pradesh government
New government scheme to electrify 10mn Indian homes with solar power
In a major push towards renewable energy, the Indian government has announced the launch of the 'Pradhanmantri Suryodaya Yojana', an initiative aimed at installing rooftop solar systems in 10mn households
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