REM - Renewable Energy
Czechia registers greater rainfall than in the disastrous 1997 flooding
Czechia registered greater rainfall between last Thursday, September 12, and this Monday than during the disastrous flooding in 1997.
Romania-Bulgaria Danube hydropower project is dangerous, environmental groups warn
Critics of the Turnu Magurele-Nikopol HPP project say it will put villages along the Danube at risk, and could endanger nuclear power plants.
Bulgaria calls €112.7mn tender to upgrade Chaira HPP
Bulgaria has called a BGN220.5mn (€112.7mn) tender for the upgrade of the Chaira hydropower plant, the Energy Ministry said in a statement on September 18.
Serbia and US sign strategic energy partnership agreement
Serbia and the United States signed a strategic partnership agreement on energy on September 18 in Washington, aiming to bolster Serbia's energy security and facilitate its transition to clean energy sources.
EBRD considers €90mn loan for solar project in Serbia
The European Bank for Reconstruction and Development (EBRD) announced on September 17 that it is considering a loan of up to €90mn to support the construction of a large-scale solar-thermal plant in Serbia's second-largest city, Novi Sad.
Albania, Kosovo and Montenegro among countries least likely to separate waste
Western Balkans struggles with waste management as infrastructure fails to keep up with increased volume.
Big tech AI related emissions could be 700% higher than they claim
US big tech companies claim they are carbon neutral, but an investigation by The Guardian found emissions related to the rapid growth of data centres needed to drive AI have risen more than seven-times higher than they claim.
Scientists seeking to kickstart nuclear energy using Argentine lithium stunted by economic woes
Nuclear scientists in Argentina are facing significant challenges in their efforts to add value to the country's booming lithium industry.
Brazil facing ‘climate terrorism’ as wildfires widespread, says environment minister
Serbia and US to strengthen energy cooperation
Serbia and the US are set to enhance their cooperation in the energy sector, with an agreement on strategic cooperation expected to be signed soon in Washington, Serbia's Ministry of Mining and Energy announced on September 17.
Arkle Resources to begin search for lithium in Zimbabwe
Up to $35bn needed in investment to tackle power deficit, says Iranian business leader
Iran needs to attack $30-35bn investment over the next four years to overcome its rising power shortage, a top businessman warned.
Private glass manufacturer to build 120 MW solar farm in central Iran
Iranian Energy Minister Abbas Aliabadi broke ground on a 120-megawatt solar power plant with private investment in central Iran.
Morocco plans to establish first offshore wind farm
US, India convene clean energy partnership ministerial in Washington D.C.
The Strategic Clean Energy Partnership Ministerial, led by US Energy Secretary Jennifer Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri, took place in Washington D.C. on September 17.
Sembcorp to acquire French ENGIE’s 30% stake in Singapore’s Senoko Energy
Sembcorp Industries, through its subsidiary Sembcorp Utilities Pte Ltd, has entered into an agreement to purchase a 30% stake in Senoko Energy Pte Ltd from French company ENGIE Global Developments B.V.
Mitsubishi, ExxonMobil mulling collaboration on world’s largest low-carbon project
Japan’s Mitsubishi Corp. has inked a deal with ExxonMobil for acquisition of a stake in the oil company’s huge blue hydrogen and ammonia project planned for Baytown, Texas.
India’s RE-INVEST meet secures $391bn in renewable energy commitments by 2030, says minister
The 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST) held in Gujarat, India, garnered investment commitments amounting to INR32.45 trillion ($391bn) by 2030, Union Minister for New and Renewable Energy Prahlad Joshi said.
UK, Indonesia forge new five-year pact on sustainable development
The United Kingdom has committed to supporting Indonesia's sustainable development initiatives through a new five-year partnership, formalised in a memorandum of understanding (MoU) signed on September 17
REM: Carbon footprints of the top 1% are far higher than we assume
Carbon footprints of the top 1% are far higher than we assume
People tend to underestimate the carbon emissions of the wealthiest 1% while overestimating the emissions of lower-income groups, says a new study.
Federal judge temporarily blocks Biden rule to limit flaring
A federal judge has temporarily halted a Biden administration rule announced this spring to reduce methane emissions on federal and Native land.
Russia’s Rosatom to construct Kyrgyz Republic’s first wind farm
Rahmon calls on Scholz for backing in bid to complete Tajikistan’s “existential” Rogun dam mega project
Job market changing globally because of green transition
Jobs in green sectors are rapidly increasing, with the International Renewable Energy Agency (IRENA) reporting 13.7mn direct and indirect renewable energy jobs globally in 2022. Solar energy has led the way, making up over one-third of the total.
US solar panel manufacturing capacity grows nearly four times with federal incentives
A new report reveals that US solar manufacturing capacity has surged to over 31 GW, a nearly fourfold increase since the Inflation Reduction Act (IRA) was signed into law in 2022.
Peru is burning while authorities look away
Wildfires continue to ravage 22 of Peru’s 24 regions, claiming at least 15 lives and destroying over 3,000 hectares of land.
US and Uzbekistan ink MoU on enhancing critical minerals cooperation
Data centre emissions are likely 662% higher than claimed, says analysis
An analysis suggests that from 2020 to 2022, the true emissions from the in-house data centres of Google, Microsoft, Meta, and Apple were around 662% higher than the official figures.
The planet vibrated for nine days after major tsunami prompted by climate crisis
In September 2023, a landslide and massive tsunami in Greenland, fuelled by the climate crisis, caused the Earth to shake for nine consecutive days, according to a recent scientific study.
Eni announces business restructuring
Eni has approved a sweeping restructuring of its business that will give greater decision-making power to its CFO.
Data surge, climate threat ahead
Brazil is grappling with fires exacerbating the climate crisis, with the situation intensifying faster than anticipated, according to climatologist Carlos Nobre.
Spain's Cepsa gets certified as biomethane trader
Spanish energy firm Cepsa has been certified as a biomethane trader under the international ISCC certification programme.
Storm Boris death toll rises to 17 as businesses reel from unprecedented flooding
Storm Boris had claimed 17 lives in Romania and Poland, with more casualties anticipated as floodwaters recede. Thousands have been evacuated, and authorities are concerned about the soaring costs of repairs and business closures.
Western Balkans coal power plants still pumping out toxic emissions
Bankwatch report finds little being done to phase out coal in region despite commitments to reduce emissions.
Kazakhstan seeks to boost production of metals needed for EV batteries
Kazakhstan and Germany’s leaders discuss boosting rare earth and oil exports to Germany during Scholz visit
Indian electric motorcycle maker Revolt Motors enters Sri Lankan market
Cambodia eyes $10mn revenue from carbon credit sales
Cambodia anticipates generating approximately $10mn from the sale of carbon credits derived from its forested areas.
JSW Energy commissions 300-MW wind power project in India's Tamil Nadu
Mumbai-listed power producer JSW Energy’s subsidiary, JSW Renew Energy Two Limited, has commissioned a 300-MW wind power project, connected to the Inter State Transmission System, awarded by the Solar Energy Corporation of India in Tamil Nadu.
India is set to produce 31 GW of hydropower in the coming years, says PM Modi
India is set to produce 31 GW of hydropower in the coming years, with a projected investment of INR120bn ($1.43bn), according to Prime Minister Narendra Modi.
North Macedonia’s minister hints at delaying coal phase-out to 2050
North Macedonia may postpone its coal phase-out deadline by 20 years, extending it to 2050, according to first deputy PM and Minister of Environment and Spatial Planning, Izet Mexhiti.
What is causing the Biblical deluge in Central Europe?
Central Europe is underwater as it grapples with a Biblical deluge, with record rainfall smashing all records and across countries in what experts are calling a “historic flood event.” And this torrential downpour didn’t come out of the blue.
Amazon's climate-critical regions lack adequate protection
IAEA’s experts complete safety assessment at South Africa’s NPP
Grenergy Renovables and BYD sign new Chilean solar agreement
Spanish renewable energy company Grenergy Renovables announced that it has expanded its partnership with Chinese battery manufacturer BYD, signing a new supply agreement for the third phase of its Oasis de Atacama solar-plus-storage project in Chile.
Costa Rica's ICE finalises commitment for 166 MW of solar and wind projects
The Costa Rican Institute of Electricity (ICE) has finalised commitment letters for nine renewable energy projects totalling 166 megawatts (MW) in the Guanacaste province, the state-owned utility announced on September 11.
US billionaire Jeff Bezos’ GEAPP to invest into upgrading South Africa’s ageing municipal grids
Climate crisis fuels wildfires across Latin America with Brazil hardest hit
Brazil and large swathes of Latin America are battling severe wildfires this year, even in traditionally wet regions, as they grapple with a harsh drought. The effects of climate change are disrupting the lives of millions across the continent.
Iran’s power shortage to hit 26,000 MW next year, union leader warns
An Iranian union leader warned that the country’s electricity deficit would surge to at least 26,000 megawatts (MW) next summer if no measures were taken to address the widening mismatch between power generation and production.
UK's Premier African Minerals works to overcome technical glitches at Zimbabwe lithium project
UAE Amea Power invests $800mn to build solar energy, battery storage projects in Egypt
Azerbaijan's energy sector sees 0.1% y/y growth in H1
Brazil's energy storage in focus as battery prices drop and electricity costs rise
The recent activation of the red flag tariff in September, reflecting increased generation costs due to water shortages, has reignited Brazilian consumers' concerns about electricity supply security and protection against energy inflation.
Russia, Bangladesh navigate stresses over nuclear power plant loan payments
Russia has demanded that Bangladesh pay over $630mn to settle accrued interest payments for a loan used to fund the Rooppur Nuclear Power Plant
River drying puts Brazil’s hydropower at risk
Soil moisture levels in Brazil's key hydropower basins have fallen to nearly two-decade lows, according to data from the London Stock Exchange Group (LSEG).
Pakistan seeks Hong Kong investment in CPEC
Pakistan’s Ambassador Khalil Hashmi attended the ninth Belt and Road Summit in Hong Kong, where he advocated for deeper cooperation between Pakistan and Hong Kong, focusing on investments in key sectors
Sumitomo Corporation forms renewable energy joint venture in India
Japan’s Sumitomo Corporation and New Delhi-based AMPIN Energy Transition Private Limited have formed a holding company, AMPIN C&I Power Private Limited, to advance the renewable energy sector in India.
Tata Power, Tata Motors to establish 200 charging stations for electric commercial vehicles in India
Tata Power EV Charging Solutions Limited has signed a memorandum of understanding (MoU) with Tata Motors to establish 200 fast-charging stations for electric commercial vehicles in major cities across India.
Ukraine poised for rapid switch to renewable energy, Greenpeace says
Ukraine has a unique opportunity to transition to renewable energy faster than other nations due to the destruction of much of its energy infrastructure during the war.
French Qair and EPCG sign agreement to boost renewable energy in Montenegro
Qair, a European renewable energy company, and Montenegro’s state-controlled power utility EPCG have signed a memorandum of understanding to promote the development of renewable energy projects in Montenegro.
Historic drought compels Zambia to take unprecedented step of shuttering its largest hydropower plant
Drought in Zambia has had a “critical” impact on energy, agriculture, water and food security, Plan International warns. Angola, Malawi, Mozambique, Namibia, South Africa, and Zimbabwe face similar crises.
Ghana's first lithium mine clears key environmental hurdle
Albania secures €120mn AFD loan for green energy projects
Slovenia’s ALFI leads consortium for 125MW wind farm in Bosnia
ALFI Renewables -- part of the Slovene group ALFI have agreed with its partners the main terms of cooperation on the 125 MW wind farm project in Bosnia and Herzegovina (BiH), which is close to “Ready-to-build” phase.
India to be exclusive partner for European Hydrogen Week 2024
India will serve as the exclusive partner for European Hydrogen Week in November 2024, the Ministry of New and Renewable Energy announced on September 12 during the second day of the International Conference on Green Hydrogen.
Walton partners with Huawei to produce lithium batteries in Bangladesh
Bangladeshi tech conglomerate Walton has joined forces with Chinese technology giant Huawei to locally produce lithium batteries.
Bangladesh's interim government to scrutinise Adani power deal
The interim government of Bangladesh, led by Muhammad Yunus, plans to scrutinise Indian businesses, including the Adani Group, which exports power from its Jharkhand unit under a 2017 agreement.
Saatvik Solar completes 70.2MW solar module delivery to SJVN’s Punjab project
Saatvik Solar, an Indian solar module manufacturer, has supplied 70.2MW of high-efficiency Mono PERC 545Wp solar PV modules to the state-owned hydropower company, Satluj Jal Vidyut Nigam (SJVN), for its renewable energy project in Punjab.
Bangladesh anticipates lower electricity prices with growth in renewable energy
Electricity and energy prices in Bangladesh are expected to fall in the future as renewable energy production increases, according to Muhammad Fouzul Kabir Khan, Adviser for Power, Energy and Mineral Resources.
Indonesia's Adaro Energy to spin off $2.45bn coal unit
PT Adaro Energy Indonesia is preparing to divest a coal mining subsidiary valued at $2.45bn as part of its strategy to reduce reliance on fossil fuels
Food seasoning company Ajinomoto Indonesia adopts renewable energy to cut carbon emissions
PT Ajinomoto Indonesia, a leading food seasonings manufacturer, has committed to using 219,000 Renewable Energy Certificates (REC) annually from PT PLN, equivalent to 219 GWh, to power its factories in East and West Java,
Indonesia boosts solar power skills with new operator training initiative
The Ministry of Energy and Mineral Resources (ESDM), in partnership with UNDP ACCESS, has introduced a specialised training and certification programme to enhance skills in Solar Power Plant (PLTS) maintenance
33 “energy thirsty” companies now operate in Kyrgyzstan’s cryptocurrency mining industry
Botswana seeks consultant to assess feasibility of developing floating solar systems on local dams
Zimbabwe's top miners, Grid Africa seek $182mn to finance 200MW worth of solar projects
South Africa's renewable energy sector gets $220mn boost from DBSA, EIB
Kenya launches geothermal exploration risk underwriting facility with FSD Africa backing
Petrojet signs $100mn contract with Russia’s Atomstroyexport for El-Dabaa nuclear plant
Ancala acquires 5MW biomass plant in Croatia
Hard to make and inefficient to use, hydrogen won’t save the climate
The numbers simply don't add up. It is predicted that 390mn tonnes of hydrogen will be required annually worldwide by 2050 but today a total of about 2.5mn tonnes is being produced worldwide and investors are shying away from the business.
Singapore to mandate energy efficiency upgrades for high-consumption buildings
Singapore will soon require around 100 energy-intensive buildings to undergo audits and implement energy efficiency improvements under a new regime aimed at reducing the carbon footprint of the country's built environment.
Rising demand for sustainable aviation fuel puts pressure on biodiesel, vegetable oil markets
The growing demand for sustainable aviation fuel (SAF) is poised to reshape the global biodiesel and vegetable oil markets, according to industry expert Thomas Mielke.
Gensol Engineering, Matrix Gas secure green hydrogen valley project in India
Gensol Engineering Limited, in partnership with Matrix Gas & Renewables, has been awarded the contract to establish a green hydrogen valley in Pune, Maharashtra, as per a stock exchange filing by Gensol on September 11.
India aims to become global hub for green hydrogen, says PM Modi
India is positioning itself as a global leader in green hydrogen production, Prime Minister Narendra Modi stated on September 11 during the inauguration of the International Conference on Green Hydrogen (ICGH-2024) in Delhi.
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