REM - Renewable Energy
Panama plans to relaunch ethanol production
Ethiopia doubles power output from GERD dam with two new turbines
Ethiopia has announced a significant increase in electricity generation from its Grand Ethiopian Renaissance Dam (GERD) on the Blue Nile, a project that has long been a source of regional tension, after the activation of two new turbines.
Voltalia expects up to €40mn impact on 2024 earnings due to Brazilian grid restrictions
French renewable energy company Voltalia has announced that current restrictions imposed by Brazil's transmission grid operator could significantly impact its 2024 earnings.
US clean energy jobs grew at over twice the rate of overall employment
Clean energy employment saw an increase of 142,000 positions in 2023, making up more than half of all new jobs in the energy sector.
Galan Lithium enters MoU with Chengdu Chemphys Chemical Industry hinged on Argentine supply
Galan Lithium announced that it penned a new offtake prepayment memorandum of understanding with China's Chengdu Chemphys Chemical Industry. This comes after Galan Lithium’s previously announced agreement with Glencore fell through.
Possible record heat index of 82.2°C reported in southern Iran
A weather station in southern Iran has reported a temperature of 82.2°C (180°F) and a dew point of 36.1°C (97°F), which, if confirmed, would be the highest such readings ever recorded on Earth.
Emissions from Canada wildfires greater than from most industrialised countries
In 2023, fuelled by Canada's warmest and driest weather in decades, intense forest fires released 640mn tonnes of carbon, according to NASA researchers. This amount is comparable to the emissions from fossil fuels of a large, industrialised country.
EBRD finances Central Asia's first renewable hydrogen facility in Uzbekistan with $65mn investment
Energy Community praises Montenegro’s renewable energy law
Japan's nuclear safety review denies reactor restart in Tsuruga
Japan's Nuclear Regulation Authority (NRA) has made a pivotal decision regarding the safety of the No. 2 reactor at the Tsuruga nuclear power plant in Fukui Prefecture.
Taiwan's nuclear-free policy faces criticism amid energy challenges
In Taipei, Pegatron Corp. Chairman Tung Tzu-hsien has voiced strong objections to Taiwan's "nuclear-free homeland" policy, arguing that it undermines the island's progress towards energy resilience and security.
India's Gensol Engineering enters US market with launch of Scorpius Trackers
India-based solar tracking solutions provider Gensol Engineering Ltd announced on August 28 its entry into the US market with the launch of its Delaware-based subsidiary, Scorpius Trackers.
Fortis Energy and PowerChina to jointly develop wind and solar projects in Serbia
Partnership between Fortis Energy and PowerChina aims to develop projects with a combined capacity of over 850 MW.
Jubilee Metals lands three-year power purchase deal with Zambian IPP, Lunsemfwa Hydro Power
Brazil unveils $361bn energy transition plan to boost green economy over decade
Brazilian President Luiz Inácio Lula da Silva approved the National Energy Transition Policy during an extraordinary National Energy Policy Council (CNPE) on August 26, as a group of ministers gathered to advise the presidency on energy matters.
Industry-built solar park goes online in central Iran
A 5-MW solar farm has come online in the central Iranian city of Ardestan as part of efforts to make use of renewables to supply industries with clean power.
Deal points to Tajik, Kazakh cooperation in getting uranium, rare earths out of the ground
Estonia’s Sunly raises €300mn to finance projects in Poland and Baltics
Estonian renewable energy company Sunly secured €300mn in debt financing to accelerate the construction of 1.3 GW of solar, wind, storage and hybrid parks across the Baltic States and Poland.
JSW Neo Energy wins 200 MW wind-solar hybrid project in India
JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has been awarded a contract by Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 200 MW wind-solar hybrid power project.
Ukraine rocked by power outages after the largest Russian drone and missile barrage of the war
Russia launched one of its most massive missile and drone assaults on Ukraine early August 26, targeting energy infrastructure across the country. Earlier plans to export electricity will likely be put on hold as Ukraine grapples with power outages.
ADB proposes ACWA-backed Samarkand solar-battery project
Climate change likely contributed to fatal superyacht sinking
Climate change may have contributed to the fatal sinking of the Bayesian superyacht off Sicily, according to experts.
Offshore and on, China leads the world on planned clean power installations
A key boosting station in China’s first large-scale, offshore solar project has reached a landmark stage of construction, signalling the operational readiness of the project
North Macedonia’s gross power generation drops 15.3% y/y in June
North Macedonia’s gross electricity generation declined by an annual 15.3% to 426.2 GWh in June, with domestic production accounting for 100% of the gross domestic consumption, according to statistics office data.
Kosovo to opens new call for energy efficiency subsidies for homes
Kosovo Prime Minister Albin Kurti announced on August 26 that applications for energy efficiency subsidies for individual homes will open on e-Kosova portal starting August 27. The new round of funding aims to support an additional 1,300 families.
The first meteorological tower was installed for Savannakhet wind farm projects
Laos has begun construction of its first meteorological tower in Savannakhet Province to assess wind farm development potential in the region
Global offshore wind capacity to surpass 520 GW outside China by 2040
According to a new report from Rystad Energy, the offshore wind sector managed to navigate several challenges in 2023, achieving a 7% increase in new capacity additions compared with the previous year.
Expedition discovers rapid, unprecedented melting of Uzbekistan's Pakhtakor glacier
Shrinking of largest glacier in Tashkent region reinforces urgent climate crisis concerns.
Saudi Arabia partners with NEOM to boost hydrogen economy
Energy crisis Iran’s top issue, senior cleric warns
Iran’s ballooning energy deficit is the most pressing issue that needs to be addressed, a senior Iranian cleric and former deputy parliament speaker told state TV during a live programme.
Iran’s power shortage to reach ‘dangerous’ level in decade, union leader warns
An Iranian union leader has warned that the mismatch between power generation and consumption will widen in the next decade to reach a “dangerous” level of 37%.
Hungary sets ambitious targets in reviewed National Energy and Climate Plan
Hungary prepared a draft of its NECP in the summer of 2023 and will submit the final version in the autumn of 2024, after getting feedback from the European Commission.
Romania’s solar power output up 63% y/y to 6.1% of total in H1
The power generated by Romania’s solar power installations, including the prosumers, rose by 63% y/y to 1.67TWh – or 6.1% of total electricity output in H1. The share of solar power in total production rose from 3.4% in the same period of 2023.
Chile boosts green hydrogen push with new pilot plant and national action plan
Chile's push to lead the green hydrogen race took a significant step forward with the inauguration of a pilot plant for Minera San Pedro in Til Til, Metropolitan Region
Chile expands renewable energy capacity with new solar and battery projects
The Coquimbo region is set to enhance its renewable energy footprint following the approval of two significant projects by the regional Environmental Assessment Commission.
Australia to build world's largest solar power plant
Australia is set to construct the world’s largest solar power plant, a ground-breaking project named Power Link, which will generate 4 GW of electricity, enough to power approximately 3mn homes.
Energo: Romania’s renewable energy resurgence
OPINION: Romania’s renewable energy resurgence
EBRD Southeast Europe head of energy Georgios Gkiaouris on powering Romania’s green ambitions through highs and lows.
Japan backs Indonesia's net zero ambition with new decarbonisation agreements
Indonesia has secured support from Japan in its ambitious plan to achieve net zero emissions by 2060
South African energy infrastructure developer OptiPower wins $66mn contract to build a 100MW solar plant
Floating solar farm proposed for Penang Harbour to power cruise ships
A floating solar farm, with the potential to generate enough electricity to power 6,000 homes, is being considered for Penang’s harbour
Australia approves $13.5bn solar project to supply power to Singapore
Australia has given the green light for a massive AUD20bn ($13.5bn) solar project designed to transmit energy from a vast solar farm in northern Australia to Singapore via a 4,300-kilometre (2,672-mile) undersea cable
ACWA Power kicks off $260mn wind power project in Uzbekistan
Air Products announces $140mn acquisition of Saneg’s hydrogen assets at Uzbekistan refinery
US-based Air Products, the global leader in hydrogen supply, has announced the $140mn-acquisition of Saneg’s hydrogen production assets at Fergana Oil Refinery in Uzbekistan.
India's NTPC to launch 100% subsidiary for nuclear power generation
Indian state-owned power company NTPC announced plans to establish a new wholly-owned subsidiary dedicated to nuclear power generation during its Q1 FY25 earnings call
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