REM - Renewable Energy
Dark chapter for Turkey as it overtakes Germany to become Europe’s number one for coal-fired electricity
The carbon fuel took a 34% share in Turkey’s power production versus the European average of 13% in the first four months of the year.
Brazil’s BNDES investment bank leads biofuels drive with billions in investments
Brazil’s National Bank for Economic and Social Development has significantly increased its investment in biofuels, aligning with President Luiz Inacio Lula da Silva administration's priorities and the green agenda.
Japan’s JERA to pump over $32bn into LNG, green projects in the next 10 years
JERA, Japan’s largest power generation company, has announced plans to invest approximately JPY5 trillion over the next decade into expanding its existing renewable energy portfolio, developing new fuels and bolstering its LNG capabilities.
Kostolac wind farm to begin operations in early 2025
The Kostolac wind farm in eastern Serbia is set to become operational by the beginning of next year, the Ministry of Mining and Energy announced on May 21.
Cambodia sets sights on wind power with Bokor, Mondulkiri projects
Cambodia is poised to harness the power of wind energy, with plans to develop wind farms in Mondulkiri province and Bokor Mountain in Kampot, according to Minister of Mines and Energy Keo Rattanak
Indonesia’s Ceria Group pioneers renewable energy use in nickel processing for EV batteries
Ceria Group, a leading producer of electric vehicle battery materials, is championing renewable energy sources to power its nickel processing operations
Elon Musk champions solar power as key to solving global water crisis at World Water Forum
Elon Musk, CEO of Tesla Inc. and SpaceX, spotlighted the potential of solar power plants to solve the global water crisis during his address at the opening of the 10th World Water Forum in Nusa Dua, Bali
Nofar to invest €30mn in solar plant in Serbia
Nofar Energy will announce the construction of a large solar power plant in Serbia on May 27, according to local news portal ekapija. The Israeli company will invest €30mn in a 26 MW solar plant in the northern municipality of Ada.
South African firm Zero Carbon Charge plans to build 22 electric vehicle charging stations
Chinese, Indian firms create off-grid solar partnership project for Saudi Red Sea tourism destination
South African wind farm Hendrina secures "strong" offtake interest, eyes financial close by December 2024
Economic loss from climate crisis six times worse than previously thought
Recent research has unveiled alarming insights into the economic toll of the climate crisis, revealing consequences far graver than previously understood, and drawing parallels with the enduring hardships of perpetual warfare.
Rising temperatures can exacerbate neurological conditions, warns new research.
A study, conducted by University College London, examines how climate-related disasters impact neurological diseases. Environmental factors not only increase disease prevalence but also elevate risks of hospitalisation and mortality.
Hitting the brakes: how the US energy transition could slow down
In the US, the 2024 presidential and congressional elections in November, the trajectory of trade policy and the challenge of infrastructure reform could slow down low-carbon investment.
Gren to invest €200mn in waste-to-energy plant in Latvia’s Acone
Energy company Gren mulls to invest more than €200mn in Latvia by 2029, including in construction of a waste-to-energy plant in Acone, said Andris Vanags, country head of Gren operations in Latvia.
Brazil adds 733 MW of solar power in April
Brazil's solar energy sector posted a remarkable expansion in April, contributing an additional 733 MW to the country's centralised generation capacity.
Turkey’s PV capacity expands by 1.3 GW in April
State electricity company PLN completes 110 MW Jatigede hydropower plant to boost renewable energy
State electricity company PT PLN has completed the construction of the 2 x 55 MW Jatigede Hydroelectric Power Plant in Sumedang Regency, West Java
US photovoltaic panel manufacturer SEG Solar to invest $500mn in PV manufacturing facility in Indonesia
SEG Solar, a leading photovoltaic panel component manufacturer from the United States, is set to invest over $500mn to establish a factory in Batang Industrial Park, Central Java
Turkey reported as in advanced talks with China’s BYD and Chery for EV factory investments
Brazilian governors rally behind renewable hydrogen bill
A coalition of nine northeastern states in Brazil has thrown its support behind the latest proposed amendments to the country's hydrogen bill, which includes significant tax credits and incentives for renewable hydrogen production and consumption.
Argentina's Genneia signs 15-year power purchase agreement to supply clean energy to Princz-IPASA Group
Argentine energy company Genneia has inked a power purchase agreement with the Princz-IPASA Group, a manufacturer specialising in PVC and bio-plasticizers.
Brazil’s solar energy on rooftops and small plots reaches 29 GW
Brazil's solar energy sector has achieved a milestone as distributed solar generation systems of up to 5 MW has now surpassed 29 GW of operational installed power.
Iran, Azerbaijan open border hydro dam on shared river
Iran and Azerbaijan opened a hydroelectric dam on their border with officials calling the megaproject a symbol of “long-term cooperation” and “friendship and amity” between the two nations despite political disagreements in recent years.
Global warming acceleration at its peak but the La Nina effect this year will reduce temperatures less than expected
Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.
Adaro Energy Indonesia shifts focus to green energy with $300mn investment
Adaro Energy Indonesia, traditionally a coal-centric company, is boldly shifting towards renewable energy
India presents vision for renewable energy leadership at hydrogen summit
Secretary of India’s Ministry of New & Renewable Energy Bhupinder Singh Bhalla speaking at the World Hydrogen Summit 2024 in Rotterdam presented from the podium on India’s strategic advancements in renewable energy and green hydrogen
Brazil’s Eletrobras and Green Energy Park mull green hydrogen production
Eletrobras, Latin America’s largest utility, has signed a memorandum of understanding (MoU) with Green Energy Park (GEP) to explore opportunities for green hydrogen production.
Experts devoted to preventing mine tailing heap disasters meet in Tajikistan, announces UNECE
Iran launches two solar farms in southeastern Kerman province
Iran has launched two solar farms, each churning out 10 megawatts of clean electricity, in the southeastern desert province of Kerman.
BYD postpones 2025 plans for Chile lithium plant
Chinese car manufacturer BYD Co has decided to delay its plans for producing lithium cathodes for electric vehicle batteries at a new plant in Chile, the company's Americas head, Stella Li, confirmed.
Morocco to invest $7bn in energy projects over coming three years
Moroccan Energy Minister Leila Benali has said the government plans to invest $7bn in the country’s energy network to add 9 GW to its installed capacity by 2027 to reach a total of 20 GW.
Nicaragua's El Jaguar solar plant boosts national energy grid
The 16 MW El Jaguar photovoltaic facility, situated in Malpaisillo, León department, has commenced injecting power into Nicaragua's National Interconnected System. The plant features nearly 40 bifacial solar panels.
Costa Rica's president revives Diquis hydroelectric project amid environmental concerns
Costa Rica's President Rodrigo Chaves has unveiled plans to revive the controversial Diquis hydroelectric project, which involves building a reservoir on the Grande de Térraba River - a plan opposed by indigenous groups over environmental concerns.
Experts weigh major significance of revived plan to build Kambar-Ata-1 dam and hydropower plant
CMM secures $94mn to build ethanol-powered PSV fleet in Brazil
Compagnie Maritime Monegasque (CMM) has obtained $94mn in financing from Summit Ridge Capital Partners, earmarked for the construction of a pioneering ethanol-powered fleet of Platform Supply Vessels (PSVs) in Brazil.
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