REM - Renewable Energy
REM: China emerges as global green energy champion with two-thirds of the world's new wind and solar power plants
China emerges as global green energy champion with two-thirds of the world's new wind and solar power plants
Almost two-thirds of the world's large wind and solar power plants are in China while a surge in renewable capacity has driven coal's share of power generation to new lows, Reuters reports.
Generadora Metropolitana launches Chile's largest solar park
Generadora Metropolitana, a company jointly owned by Chilean firm AME and French group EDF, has inaugurated the CEME1 photovoltaic park in Chile, boasting an impressive 480 MW capacity.
Eight companies win hybrid PV auction in Albania
The Albanian government announced the winners of its hybrid photovoltaic auction, with eight companies securing bids and an average price of €51.3 per MWh.
Mali's junta signs nuclear and solar energy deals with Russia's Rosatom
Mali's ruling military junta has signed three cooperation deals with Russia's state nuclear company, Rosatom.
Can Britain be a clean energy superpower?
“Make Britain a clean energy superpower” is at the heart of the manifesto of the Labour Party, which is now the government in the UK after a victory by a wide margin in the July 4 election.
Lithium mining could boost Serbia’s GDP by 16%, finance minister claims
Serbia’s Finance Minister, Sinisa Mali, said that lithium mining could significantly boost the country's economy, contributing up to 16% of GDP, Danas reported on July 10.
Impact of judge’s block of Biden pause on LNG projects approval is likely to be limited
President Biden’s LNG permit approval pause for US LNG exports to non-Free Trade Agreement nations was recently halted by a ruling by a federal judge, but the impact may be limited.
Microsoft to buy 500,000 DAC carbon credits from Oxy
Big tech giant Microsoft will acquire 500,000 carbon credits from Occidental Petroleum over six years, said 1PointFive, Occidental’s carbon capture and storage subsidiary.
Big tech seeks nuclear power for AI
Owners of about one-third of the US's nuclear-power plants are in talks with big tech companies to provide electricity to new data centres because of the AI and data centre boom.
Moab Minerals acquires uranium projects in Tanzania
Moab Minerals Limited has completed its acquisition of Linx Resources, which holds a diverse portfolio of advanced, large-scale uranium projects in Tanzania.
US President Biden signs advanced nuclear development bill
US President Biden has signed into law the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act, aimed at reducing licensing times and cutting processing fees to support the development of an advanced nuclear reactor.
Iran's energy crisis shuts down 13 provinces due heatwave
Government offices in 13 provinces out 31 across Iran will be shut down on Thursday, July 11, amid high electricity consumption stemming from scorching heat.
Brazil’s Senate passes green hydrogen bill excluding export benefits
The Brazilian Federal Senate has approved a bill to establish a legal framework for low-carbon hydrogen, known as green hydrogen, but decided to exclude provisions for expanded Processing and Export Zones (ZPE).
Brazil’s airports: green goals meet infrastructure struggles
Brazil’s airports go green amid infrastructure woes. Various measures have been adopted to meet the airline industry's goal: eliminating carbon emissions by 2050
Hungary proposes €4,500 grant for purchase of electric vehicles in recommendation to EU's Competitiveness Council
Wildfire incinerating Iran's southwestern forests amid shortage of extinguishing equipment
New Zealand seeks feedback on CCUS regulation
New Zealand’s coalition government began a consultation on July 9 on establishing a regulatory framework for carbon capture, utilisation and storage that would provide project developers with New Zealand emissions units.
EBRD approves €30mn loan to Serbia for renewable heat generation
The EBRD has approved a loan of up to €30mn to Serbia to finance investments in renewable heat generation, the organisation announced during EBRD President Odile Renaud-Basso's visit to Belgrade on July 9.
ADNOC’s latest deals across drilling, LNG and transition
ADNOC is continuing to invest heavily across the energy value chain as it seeks to raise its profile.
Malaysia on track to hit 40% renewable energy by 2035
Malaysia is poised to reach a landmark in its renewable energy goals, aiming for 40% renewable energy capacity by 2035.
Landmark agreement redirects Indonesia's debt to coral reef conservation
On July 3, the United States, Indonesia and prominent environmental NGOs signed a historic debt-for-nature swap, converting $35mn of Indonesia's debt into an investment in coral reef conservation.
Indonesia embraces nuclear energy as part of renewable strategy
Indonesia's Energy and Mineral Resources Minister, Arifin Tasrif, announced that nuclear energy will be integrated into the nation's renewable energy strategy
EU and German banks eye $216mn hydrogen fund for Argentina
Argentina stands on the brink of a significant economic boost, with the potential to securing $216mn in hydrogen-focused funding aimed at fostering investment in the burgeoning renewable hydrogen sector
Atlas Renewable and Sungrow to build Latin America's largest energy storage plant in Chile
Atlas Renewable Energy, in collaboration with Sungrow, has announced the implementation of Sungrow's PowerTitan liquid cooling storage system for the BESS del Desierto project in Chile's María Elena commune, Antofagasta region.
India-Russia summit highlights burgeoning nuclear energy cooperation
According to a joint statement released after the conclusion of the 2024 India-Russia bilateral summit, New Delhi and Moscow are set to bolster their civil-nuclear cooperation
China – hotter, lengthier heatwaves amidst climate crisis
China, the world’s second largest economy, faces hotter and longer heatwaves and heavier and more frequent rain, said the China Meteorological Administration.
Zelestra completes grid connection of 108 MW La Mata solar plant in Colombia
Zelestra, formerly known as Solarpack until June, has announced the successful grid connection of its 108 MW La Mata solar plant in Colombia.
Germany to launch first auction for hydrogen-ready gas plants by end of 2024, early 2025
Germany announced on July 5 that it will launch the first tender by the end of this year or early next for constructing and modernising 12.5 GW of gas-fired power generation that can later be switched to hydrogen.
Ukraine eyes $20bn investment to boost biogas production
Ukraine has the potential to produce up to 10bn cubic metres of biogas annually, contingent on a substantial investment of $20bn or more.
High-tech energy companies suspend investment in Ukraine, eye Czechia for new plant
A group of high-tech energy companies have halted their investment in a new manufacturing plant in Ukraine, opting instead to consider relocating to Czechia.
2024 hurricane season predicted to be particularly active - Statisa
Hurricane Beryl made landfall in Texas on Monday, moving inland after having torn across the eastern Caribbean last week, killing 11 people. According to the National Hurricane Center (NHC), Beryl was a Category 1 hurricane when it reached the coast
Germany may pipe in 100 TWh of green hydrogen by 2035, says study
Germany could import up to 100 TWh of green hydrogen from its neighbours by pipeline from neighbouring countries by the mid-2030s, according to a study by the Berlin-based Agora Energiewende and Agora Industry think-tanks.
ElevenEs to construct mega-factory for lithium batteries in Subotica
ElevenEs, a leading producer of lithium ferrophosphate (LFP) batteries, has announced plans to expand its operations in Subotica, Serbia, with the construction of a new mega-factory set to begin this year, Dnevnik reported on July 8.
Thailand's excise department expedites carbon tax, considers battery tax reform
Thailand's Excise Department is accelerating its implementation of a carbon tax, aiming for Cabinet approval within the next 1-2 months. The move underscores the department's commitment to environmental sustainability and broadening its tax base
Brazil's Salvador airport expands solar generation capacity
Salvador de Bahia Airport, part of the VINCI Airports network, has significantly expanded its solar energy capacity with the installation of a new 482 kWp system at the International Cargo Terminal in December 2023.
Neoenergia to install solar-powered green hydrogen plant in Brasilia
Neoenergia, a subsidiary of Spain's Iberdrola in Brazil, is set to invest BRL30mn ($5.4mn) in a research and development project regulated by the National Electric Energy Agency to establish a green hydrogen plant in Brasilia.
New Falklands power station poised to end unplanned power cuts
The Falkland Islands Government Public Works Department is set to advance with the final design and delivery program for a new power station in Stanley, with the existing power station nearing the end of its operational life.
Hurricane Beryl’s rapid growth not possible without climate change
Deadly Hurricane Beryl has been powered by global heating driven by the burning of fossil fuels, say experts.
ADNOC signs $3bn green deal with Japan’s JBIC
Abu Dhabi National Oil Co. this week agreed to a deal with the Japan Bank for International Co-operation that will provide up to $3bn of funding for green investments.
Iran’s Pezeshkian-led Reformists face monumental challenge in tackling electricity shortfall
As the days of the current government of Iran are numbered, the nation continues to grapple with widespread power shortages exacerbated by the scorching summer heat.
Renewable energy investment remains insignificant, 2025 target unlikely to be met
Investment in the renewable energy sector remains insignificant, making the target of achieving a 23% renewable energy mix by 2025 difficult to achieve
Dean of law faculty of the state university calls for expanded CCS regulations to boost economic opportunities
The Dean of the Faculty of Law at the University of Indonesia, Parulian Paidi Aritonang, has urged the government to broaden regulations related to carbon capture storage to seize economic opportunities, particularly in the electricity sector
Caspian Sea can propel Azerbaijan to forefront of offshore wind power
In 2022, the Global Wind Energy Council ranked countries based on their offshore wind energy potential. Azerbaijan joined the top four alongside Australia, Sri Lanka and Turkey.
Costa Rica launches national biogas strategy with pineapple and coffee waste
Costa Rica, supported by IICA and allied organisations, aims to draft a National Biogas Strategy utilising pineapple and coffee waste to revolutionise its energy matrix and combat climate change.
Belgium’s Bekaert buys 100GWh in advance from Rezolv Energy’s wind farm in Romania
The Belgian company Bekaert, specialising in steel wire processing and surface coating technologies, has signed a Virtual Power Purchase Agreement to buy 100 GWh of electricity from the wind farm that Rezolv Energy is developing in Romania.
Malaysia aims for 45% carbon intensity reduction by 2030 amid global climate goals
Malaysia has set an ambitious target to decrease its carbon intensity relative to gross domestic product by up to 45% by 2030
Vietnam ramps up nuclear research with new 10 MW reactor project
Vietnam is embarking on an ambitious project to bolster its nuclear research capabilities with the construction of a new 10 MW research reactor.
Wildfires rage through Russia’s Far East
Yakutia, a Republic in Russia’s Siberia, is currently dealing with over 350,000 hectares of fires, the regional operational headquarters has reported.
Argentina's Chubut Province spearheads green energy initiative for vulnerable communities
The Argentine province of Chubut is spearheading a Clean Energy Programme for Vulnerable Homes and Communities, aimed at installing solar panels in homes and community buildings.
Tunisian solar module maker Ifrisol targeting US market with “non-Chinese” parts
Tunisian PV module maker Ifrisol is targeting the US market by producing solar panels with cells sourced from “non-Chinese” Asian manufacturers, with plans to commence sales this year.
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