REM - Renewable Energy
Chile's FreePower Group announces development of Leones Solar photovoltaic project
Chilean energy company FreePower Group has unveiled plans to develop the Leones Solar photovoltaic project in the Valparaíso region, boasting a capacity of 100 MW.
Ukraine advances hydrogen production to meet EU demand
Ukraine is forging ahead with ambitious projects aimed at producing pure hydrogen, with capacities of up to 1,700 MW, as the EU urgently seeks renewable hydrogen sources to meet its decarbonisation goals.
Engie acquires two biomethane plants in Netherlands
France’s Engie has bought two biomethane production sites in the Netherlands and has plans to expand them, as it looks to build up its position in the growing sector.
French renewable group Qair secures $8.3mn loan from EBRD to build two solar parks in Tunisia
Dubai hit with a year’s worth of rain in a day
Dubai was hit with the heaviest rainfall in 75 years after a whole year’s worth of rain fell in a day on April 16, plunging the capital of the United Arab Emirates into chaos.
South African clean energy producer Seriti Green seals $210mn financing deal from local lender RMB
Super Energy sells waste-to-energy subsidiary to Chinese firm
Super Energy Corporation Public Company Limited announced on April 17, 2024, that its Board of Directors approved the sale of a subsidiary focused on waste-to-energy projects
Energy Exchange Malaysia (Enegem) platform set to energise cross-border renewable energy trade
The establishment of the Energy Exchange Malaysia platform has not just garnered positive attention, but it is also strategically positioned to facilitate cross-border trading of renewable energy
India’s NTPC Green Energy aims for $1.2mn IPO by November, eyes clean energy leadership
NTPC Ltd's green energy subsidiary, NTPC Green Energy Ltd (NGEL), is gearing up to file a draft red herring prospectus for listing on the bourses by July
Bursa Malaysia joins forces with UK's Mobilist programme to boost sustainable investment
Bursa Malaysia has recently partnered with Britain’s Mobilising Institutional Capital Through Listed Product Structures programme, marking a significant step towards fostering increased investment in energy transition
Peru approves $11mn for Amazon solar electrification project
Peru's Ministry of Energy and Mines has greenlit the Annual Promotions Programme 2024, earmarking approximately PEN42mn for electrification ventures across 14 locales in the Amazon region via photovoltaic solar plants.
UN climate chief: two years to avert disaster
The UN’s climate chief says the world has two years to avert the climate crisis.
Copernicus: March 2024,10th month in a row that was the hottest ever
March 2024 was warmer globally than any previous March in the data record, with an average surface air temperature of 14.14°C - which was 0.73°C above the 1991-2020 average for March and 0.10°C above the previous high set in March 2016.
Top European human rights court gives Swiss women major climate win
A significant ruling from a top European court has Switzerland in violation of human rights due to the country’s failure to address the consequences of the climate crisis.
Superfund for climate damage? Advocates say yes
Polluters may have to pay compensation to taxpayers for climate damage under new laws being considered in four US states.
Slovenia's first geothermal power plant produces initial kW of electricity
Pilot geothermal power station built on an abandoned gas well produces first electricity, but investor says modifications needed for viable long-term energy generation.
China’s Li Auto says photos in circulation indicating Uzbekistan EV dealership agreement are fake
Nova Group ventures into green energy amid Russian attacks
The Nova group of companies has announced the launch of Nova Energy, a new venture aimed at generating electricity, including from renewable energy sources, after Russian attacks on Ukraine's energy infrastructure.
Colombia greenlights 150 MW Amanecer photovoltaic solar park in Caldas department
Colombia’s National Environmental Licensing Authority (ANLA) has granted authorisation for the "Amanecer Photovoltaic Solar Park" project in La Dorada, Caldas, central Colombia.
Brazil’s solar energy financing falls in 2023, reflecting shifting market dynamics
According to a recent study by Clean Energy Latin America (CELA), financing for solar energy projects in Brazil witnessed a significant decline in 2023, dropping by 48% compared to the previous year.
Engie Energy Access inaugurates mini-grid in Benin
Iranian President to inaugurate $529mn Uma Oya project during Sri Lanka visit
Iranian President Ebrahim Raisi is scheduled to visit Sri Lanka on April 24 for a one-day official trip, during which he will inaugurate the Tehran-assisted Uma Oya multipurpose development project
Malaysia's green investment skyrockets, leading Southeast Asia's sustainability drive
In a groundbreaking surge, Malaysia witnessed a 326% y/y increase in green investments, totalling $1.03bn last year.
Turkey EV sales forecast to nearly double in 2024
Ethiopian Electric Utility and Huawei ink deal to extend electricity access to rural areas
Ethiopian Electric Utility (EEU) and Chinese technology conglomerate Huawei have sealed a memorandum of understanding (MoU) aimed at extending electricity access to residents in off-grid regions of Ethiopia by leveraging solar power.
Energy groups Enppi, Petrojet to build $11.34mn solar facility at Egypt’s Assiut refinery
Global Energy Monitor report urges Bangladesh to shift from coal to renewable energy
The Global Energy Monitor's recent Boom and Bust Coal 2024 report, released on April 11, highlights Bangladesh's intricate transition away from coal-based energy
Iran launches its biggest biogas power plant
Iran officially brought online its biggest biogas power plant in the capital Tehran to generate 50mn kilowatt-hours (kWh) of renewable electricity annually from biogas released as a result of sewage treatment.
Central Asian states have a coal dependency problem – report
Coal addiction in Kazakhstan and Kyrgyzstan fuels regional global warming conundrum.
Greece’s PPC, Mytilineos to jointly develop 2,000 MW solar parks in Bulgaria, Croatia, Italy and Romania
Tokyo, Washington reach a deal on advancing nuclear fusion
Japan and the United States have forged a strategic partnership aimed at advancing fusion energy technology
India’s MNRE extends green hydrogen deadline
DTEK Energy Holding unveils 1.5-GW green energy plan
DTEK Energy Holding, Ukraine’s largest private energy company, has announced plans to inject 1.5 GW of renewable energy into the country's power grid over the next three years.
Misr Aluminium, Scatec partner to build 1,000 MW solar facility in Egypt
Misr Aluminium Company is partnering with the Norwegian renewable energy producer Scatec to build a solar energy facility that feeds the company’s operations.
MOL opens largest green hydrogen plant near Budapest in CEE region
Hungarian oil and gas giant MOL has inaugurated one of Europe's largest green hydrogen plants and the biggest in CEE to support refinery operations at its facility south of Budapest from a €22mn investment.
Slovenia enacts new solar panel installation regulations amid concerns from Chamber of Commerce
Israeli BIG MEGA Renewable Energy explores wind and solar investments in Serbia
Israeli company BIG MEGA Renewable Energy is exploring investment opportunities and the application of innovative approaches for wind farm projects, as well as rooftop and ground-based solar panel installations in Serbia.
IEA: Methane emissions at an all-time high need to be reduced by 75% by 2030 at a cost of $170bn
Methane emissions are 80 times more damaging than carbon dioxide. Rather than falling, they are currently at an all-time high and rising. The IEA says they need to fall by 75% by 2030 if the Paris Accord targets are going to be met.
Green hydrogen developer Hyphen invests $2.1mn in tech to model solar, wind yield at Namibian project
Global renewables developer PNE sells 240-MW PV project to NOA Group in South Africa
Global developer of wind power and photovoltaic (PV) projects PNE Group has sold its 240-MW Khauta solar PV project in South Africa to the South African energy company NOA Group Ltd.
E.ON building big solar farm for BMW's Hungarian EV plant
BMW is building a €1bn vehicle plant and a €1bn battery plant in Hungary's fastest-growing industrial hub.
China’s Dahai to begin PV panel production at €10mn factory in southern Romania
The Chinese photovoltaic panel manufacturer Dahai Solar with one factory in southern Romania now expects to start production in August-September at a second site after the production lines are installed
Vietnamese firm launches billion-tonne carbon offset plan and NFT marketplace
Tin Thanh Group, a Vietnamese industrial conglomerate, has announced a bold initiative to offset 1bn tonnes of carbon annually
Indonesia and US forge clean energy partnership
The Indonesian government, in collaboration with the Ministry of Energy and Mineral Resources, and the United States, has officially signed a Memorandum of Understanding establishing the Clean Energy Working Group Indonesia-US.
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