REM - Renewable Energy
REM: Kamala Harris tries to dodge energy policy questions even as she reverses on fracking
BMZ Group begins construction of €65mn lithium battery factory near Skopje
The facility, located in a free industrial zone near Skopje, is slated to become operational by May 2025. This significant foreign investment is expected to generate up to 1,000 new jobs in its later stages.
Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China
Despite lack of clarity, a delegation is poised to leave for Beijing.
Brazil battles severe wildfires amid drought and extreme heat
International Solar Alliance to announce $100mn fund to harness Africa's solar energy potential
Kodal Minerals on track to become first London-listed West African lithium producer
Tokyo Gas invests $25mn in global carbon credit fund
Japanese gas firm Tokyo Gas announced on September 2 it would invest up to $25mn in Climate Asset Management's nature-based carbon fund.
REM: Sage, Facebook’s Meta announce deal for next-gen geothermal
Sage Geosystems and social media giant Meta Platforms, owner of Facebook, have signed a deal that they say will significantly expand the use of geothermal power in the US.
Sage Geosystems, Facebook’s Meta announce deal for next generation of geothermal power
Sage Geosystems and social media giant Meta Platforms, owner of Facebook, have signed a deal that they say will significantly expand the use of geothermal power in the US.
Tunisia renews financing mechanism for residential solar schemes
Joint venture set up in Bucharest to bring Azeri green power to Europe
High-voltage submarine cable to connect Romania and Georgia across the Black Sea, with extensions to Hungary and Azerbaijan.
E.On breaks ground on Hungary's largest solar farm near BMW'S new Hungarian plant
The 43-MW farm will consist of 320,000 sqm of solar panels, of which 187,000 sqm will be installed on the roofs of the factory buildings and the rest on the ground.
Laos wind power project to begin operations ahead of schedule
The 600 MW Monsoon wind power project in Laos is set to start trial operations in late December, two months earlier than the initially planned February 2025 launch,
Oriana Power secures INR2.48bn solar project order from BPCL in India
Mumbai-listed Oriana Power Limited has secured a new order valued at INR2.48bn ($30mn) from state-owned energy company Bharat Petroleum Corporation Limited (BPCL) for a solar project.
Malaysia's Solarvest secures $26mn contract for solar farm project in Pahang
Solarvest Holdings Bhd, through its wholly-owned subsidiary Atlantic Blue Sdn Bhd, has secured a MYR113.29mn ($26mn) contract under the Corporate Green Power Program (CGPP)
Climate change may cause more hail and soaring damage costs
IREDA, State Bank of India explore partnership to boost India’s renewable energy sector
Indian Renewable Energy Development Agency Limited (IREDA) and India's leading bank, State Bank of India (SBI), are considering a partnership in the renewable energy sector, IREDA announced on September 3.
India's Larsen & Toubro establishes renewable EPC business vertical
With effect from September 1, India’s $27bn engineering, procurement, and construction (EPC) company Larsen & Toubro (L&T) has established a separate business vertical for renewable EPC.
Azerbaijan, Georgia, Hungary, Romania lead green energy corridor talks in Bucharest
The 8th Ministerial/Head Committee meeting was held to discuss the implementation of the "Strategic Partnership Agreement on Green Energy Development and Transmission" between Azerbaijan, Georgia, Hungary, and Romania on September 3.
Hundreds of millions on verge of starvation, billions more undernourished as Climate Crisis droughts take their toll
The Climate Crisis is depressing crop yields and fuelling a growing global hunger crisis that has already reached "unprecedented proportions," with between 3.1bn and 4.2bn people now unable to afford a healthy diet.
Ukraine to launch seven biomethane projects with annual capacity of 111mn cubic metres
Ukraine is set to launch seven biomethane projects by the end of this year, contributing to the country's energy independence with an annual production capacity of 111mn cubic metres, according to Heorhiy Heletukha, head of the Bioenergy Association.
Resco Global Wind Services raises INR3.5bn to capitalise on India's wind energy opportunities
TotalEnergies to power UK's Culzean platform with wind
TotalEnergies has launched a pilot project to install a floating wind turbine near one of its UK North Sea platforms to reduce the facility’s emissions from power generation.
How graphite could make Madagascar prosperous
Madagascar – one of the world's poorest countries – could be transformed economically by its vast graphite reserves and their critical role in the global energy transition.
Clean electricity set to break new records
The global shift to clean energy has achieved significant milestones that is expected to continue advancing at a steady rate, according to two new reports by BloombergNEF.
Rezolv Energy partners with local firms for 229-MW solar park in Bulgaria
Rezolv Energy, backed by private equity firm Actis, has selected three companies – CMC Europe, Solarpro Holding and Green Solar Energy – to construct the 229MW St. George solar park in Silistra Municipality, northeastern Bulgaria.
Adani Green Energy, TotalEnergies to establish joint venture in India for solar projects
India's Adani Green Energy has approved binding agreements, including a joint venture agreement, with French energy giant TotalEnergies, enabling an additional $444mn investment by the French company into a new 50:50 joint venture entity.
Indonesia eyes $3.5bn in new business deals with Africa, aims to boost renewable energy sector
Indonesia is set to finalise business deals worth $3.5bn with African nations, focusing on the downstream development of the renewable energy sector to enhance economic value
Gensol Engineering and Matrix Gas & Renewables secure India’s first bio-hydrogen project contract
Mumbai-listed engineering company Gensol Engineering, in collaboration with Matrix Gas & Renewables Ltd., a green hydrogen developer and natural gas aggregator, has emerged as the lowest bidder for the EPC contract.
India's ethanol blending surges to 15% as government targets 20% by 2025
India's ethanol blending percentage has seen a significant rise, increasing from 1.53% in 2014 to 15% in 2024, according to Hardeep Singh Puri, the Minister for Petroleum & Natural Gas, who made the announcement on September 2.
The Amazon is on fire
Thick smoke is rolling across most of Brazil as the Amazon is hit by the worst wildfires in two decades. Thousands of acres are burning out of control due to extreme temperatures, illegal logging and the drying out of the rainforests.
Saudi goes all out for solar power with $2.6bn financing
Saudi Arabia's ACWA Power has secured SAR9.7bn ($2.6bn) in financing for three large-scale solar power plants with a combined capacity of 5.5 GW.
Iraq plans to plant 10mn trees to combat desertification
Iraq has announced a plan to plant 10mn palm saplings and various trees in Baghdad and other provinces as part of a government initiative to tackle the growing issue of desertification in the country.
Brazil's BNDES to finance Sigma's second lithium concentrate plant
EV demand in Uzbekistan strong says Megawatt Motors
Lofty EU hydrogen goals unlikely to be met
The EU has placed a lot of faith in green hydrogen as a means to decarbonise its economy, but there is doubt about whether Brussels’ ambitious goals can be delivered on.
Energo: Lofty EU hydrogen goals unlikely to be met
State-owned electricity company PLN powers three islands in Karimunjawa with renewable energy
PT PLN (Persero), Indonesia-owned electricity company, has successfully provided 24-hour electricity to three islands in the Karimunjawa Archipelago by utilising local renewable energy sources
Indonesia shares updated roadmap to achieve net zero emissions by 2060
The energy transition is becoming increasingly crucial, with global campaigns advocating for it. Indonesia has set its own target to achieve net zero emissions (NZE) by 2060 or sooner,
Zimbabwe announces ambitious rural solarisation drive
India’s renewable energy sector faces "significant" leadership shortage, study finds
India’s rapidly expanding renewable energy sector is grappling with a “significant” talent shortage, according to a study released on August 29 by WalkWater Talent Advisors, an Indian executive search firm.
Carbon Clean and Petronas Malaysia partner to advance modular carbon capture technology
Carbon Clean and Petronas Carbon Capture and Storage Sdn Bhd (PCCSS) have signed a Memorandum of Understanding (MOU) to evaluate and potentially collaborate on carbon capture technology
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