REM - Renewable Energy
Mendubim solar plant in Brazil begins commercial operation
Norway-based Scatec, a leading provider of renewable energy solutions, together with Hydro Rein (part of Norsk Hydro) and Equinor, has announced the start of electricity supply from the Mendubim solar plant in the state of Rio Grande do Norte, Brazil
Cuba looks to solar
Cuba’s minister of energy and mines, Vicente de la O Levy, told a press conference that the government plans to install 92 solar projects to add an installed capacity of 2 GW by 2028.
Emeren Group and Glennmont to develop battery storage projects in Italy
Global solar project developer, owner and operator Emeren Group has announced a co-development agreement for batter storage projects in Italy with Glennmont Partners from Nuveen, one of the world’s largest fund managers investing in clean energy.
Largest solar manufacturer to axe one-third of workforce
China’s Longi is to cut up to 30% of its workforce, Bloomberg has reported citing anonymous sources. In 2023, Longi Green Technology Energy Co. employed 80,000.
Enercon upgrades its top wind turbine
Germany-based Enercon has revealed new features for its E-175 EP5 wind turbine, which will be available from 2026.
TotalEnergies announces more than 1.5 GW of renewables power purchase agreements
France-based TotalEnergies announced that it has reached over 1.5 GW of signed renewable power purchase agreements with more than 600 industrial and commercial customers worldwide.
CCS projects should get contracts for difference, says German official
German carbon capture and storage projects should be able to receive state financial support through carbon contracts for difference (CFD), once a legal framework is finalised.
US appeals court pauses SEC climate rules
A US appeals court has paused new rules issued by the Wall Street regulator, the Securities and Exchange Commission, that requires publicly traded companies to report climate-related risks.
Bulgaria launches tenders for 1.43 GW of renewables
Bulgaria’s Ministry of Energy has launched two tenders to add 1,425 MW of renewable power generation to the grid along with 350 MW of battery energy storage system (BESS) projects.
Oschadbank to collaborate on construction of 520-MW wind power plant in Western Ukraine
Oschadbank, Ukraine's state-owned bank, has announced its participation in the development of a major wind power project in western Ukraine.
Global wind turbine orders break records
A new Wood Mackenzie report says global wind turbine order intake reached new highs last year with 155 GW of capacity recorded, and with both the Chinese and Western markets breaking records.
Bill Gates’ TerraPower to start building first US advanced nuclear plant
Bill Gates’ TerraPower is to start building the first US advanced nuclear plant. The sodium-cooled reactor will start construction work near an old coal plant in Wyoming in June.
North Macedonia aims to attract almost $600mn for green transition
Skopje secures $85mn from Climate Investment Funds in first step towards coal phase-out.
Costa Rica's national park battles forest fires amid heightened seasonal concerns
Forest firefighters from Costa Rica’s National System of Conservation Areas (SINAC) under the Ministry of Environment and Energy have been deployed to address a persistent forest fire affecting the Turrialba Volcano National Park since March 10.
South Africa: Presidency energy adviser says coal plants shutdown responsible for energy crisis
GoodEnough Energy announces $54.1mn investment in Jammu & Kashmir for India's largest battery energy storage systems gigafactory
GoodEnough Energy, a manufacturer of battery energy storage systems, has unveiled plans to invest $54.1mn in constructing a 20 gigawatt-hour gigafactory in Jammu & Kashmir by 2026
Fall in CO2 emissions quota prices will deepen drought in Estonian state coffers
The price of CO2 emission quotas has fallen to around €50-60 per tonne in recent months, as a result of the Europe-wide downturn, said Armen Kasparov, head of energy trading at the Estonian state-owned Eesti Energia.
WHAUP partners with Saha Farms on billion-dollar solar project
WHA Utilities and Power, a Thai utility provider, has signed a power purchase agreement with Saha Farms and Golden Line Business.
Turkey hits solar panel imports from Vietnam, Malaysia, Thailand, Croatia and Jordan with anti-dumping move
Only seven countries meet WHO air pollution guideline
IQAir’s 6th Annual World Air Quality Report reveals “troubling details” of the world's most polluted countries, territories and regions in 2023.
China’s EV giant BYD wants curbs on “disorderly” imports in line with move into Uzbekistan
Critics of potential move say it could be bad news for the consumer.
EM winners and losers from the global green transformation
The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
Ethiopia's Development Bank allocates $40.5mn for off-grid solar project advancing rural electrification
The Development Bank of Ethiopia (DBE) has earmarked $40.5mn to finance the implementation of the Access to Distributed Electricity and Lighting in Ethiopia (ADELE) project, facilitating the deployment of off-grid solar systems in rural areas.
Algerian energy utility Sonelgaz awards contracts to build 3-GW solar facilities
Algeria's state-owned energy Sonelgaz has awarded contracts to local and foreign firms to build 20 individual solar plants with an anticipated production capacity of 3 GW, the group said in a statement.
North Macedonia’s ESM to receive €9.1mn grant from KfW for expansion of Bogdanci wind park
China’s clean-tech manufacturing overcapacity – BNEF
China is manufacturing and exporting clean energy technology more than ever before, and over-capacity threatens, says a new report.
Three billion people will live in uninhabitable zones by 2070
It's predicted that 3bn people will live in zones that have been made uninhabitable (black areas) by 2070, say scientists.
Indonesia's crude palm oil exports plummet amidst global market shifts
February witnessed a downturn in Indonesia's exports of crude palm oil and its derivatives, with figures plummeting by over 30% to $1.20bn compared to January's $1.72bn
Mexico’s solar power start-up Niko secures $3.3mn funding
Mexican climate technology startup Niko has raised $3.3mn in a seed funding round led by Picus Capital and 468 Capital, with participation from various venture capital firms and angel investors.
Chile's solar installations hit 1.65GW in 2023, data shows
Chile is continuing to boost its solar energy sector, with newly released data from Chilean PV association Acesol showing that photovoltaic installations in Chile grew by 1.652MW in 2023.
UAE’s Masdar, Uzbekhydroenergo partner up to evaluate potential of national hydro power storage
Mongolia and Canada focused explorer Lithium ION Energy negotiates debt settlement deals
Construction of Khudaferin and Giz Galasy hydroelectric projects on Azerbaijani-Iranian border 96% complete
Construction of the Khudaferin and Giz Galasi hydroelectric complexes along the Araz River, which marks the border between Azerbaijan and Iran, is nearing completion, with 96% of the project finalized.
Adani adds 1,000MW to renewable energy park capacity in Gujarat
Adani Green Energy Limited, India's foremost renewable energy company, has inaugurated 1,000MW at a solar energy facility in Khavda, Gujarat
AsiaElec: Sri Lanka advances renewable energy ambitions with evaluation of 49 projects
Sri Lanka advances renewable energy ambitions with evaluation of 49 projects
Energy Minister Kanchana Wijesekera announced that Sri Lanka is currently evaluating 49 proposals, carefully selected from a pool of 535 responses to expressions of interest, aimed at developing renewable energy projects exceeding 50MW
Legal uncertainties stall Indonesia's first thorium-based nuclear power plant
PT ThorCon Power Indonesia's ambitious plan to construct Indonesia's inaugural Thorium-based Nuclear Power Plant faces obstacles stemming from legal uncertainties
Indonesian palm oil sector faces impasse as biodiesel development stalls at B50
The Indonesian Oil Palm Farmers Association anticipates a halt in biodiesel development in Indonesia at B50, a blend comprising 50% palm oil, due to dwindling palm oil production compounded by regulatory constraints
NGO warns Bulgaria over plans to swap coal for fossil gas
CEE Bankwatch says Sofia's intention to replace coal-fired with gas-fired power plants is unfeasible given it has no strategy or financial plan.
Uzbekistan, China eye joint uranium exploration
Tashkent is looking to an array of international partners to hit its ambitious output targets.
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