REM - Renewable Energy
REM: Renewables industry takes a hit with Trump win
Renewables industry takes a hit with Trump win
Turkish automaker Tofas inks deal to produce Stellantis vehicles
Canada releases draft rules to cap greenhouse gas emissions from oil and gas
Canada’s federal government has unveiled draft regulations to cap greenhouse gas emissions from the country’s oil and gas sector. The sector must lower its emissions to 35% below 2019 levels by 2030, say the draft rules.
France’s Proparco extends €70mn loan to Turkish Sanko’s textile recycling unit for new plant and rooftop solar capacity
Beo Cista Energija to open Serbia's first waste-to-energy facility
Beo Cista Energija is set to open Serbia's first waste-to-energy facility in Vinca on November 12, marking a pivotal development in the country’s waste management and renewable energy sectors.
Deep Wing Offshore seeks lease for two wind projects in Chile
African Development Bank to contribute $54mn towards building of Mozambique's first utility-scale wind farm project
El Salvador to lead regional push for geothermal energy at GEOLAC 2024
El Salvador is set to host the 11th Geothermal Congress for Latin America and the Caribbean (GEOLAC 2024) on December 4-5.
Brazil's remote distributed generation solar market shows strong growth
Brazil's remote distributed generation (DG) solar capacity has reached 6.5 GWp, representing 27% of the country's total DG market of 33 GW, according to consultancy firm Greener's latest analysis.
Chinese solar firms are setting up in Indonesia and Laos to avoid US tariffs
China is the world’s main supplier of solar components, and stringent US import tariffs have been imposed on its solar cells and modules because of alleged unfair trade practices.
Prime Batteries Technology nears launch of new battery production facility in Romania
Romania’s Prime Batteries Technology is close to launching production at its new factory near Bucharest, which will provide an initial capacity of 2,000 MWh per year in lithium-ion batteries for energy storage.
Indonesia’s energy security now classified as resilient, ministry reports
Indonesia’s energy security has been classified as resilient, according to the Ministry of Energy and Mineral Resources (ESDM).
China pushes for carbon border tax talks at COP29, raising tensions on global trade
As the COP29 climate summit approaches, China has submitted a proposal to the UN, requesting that trade-related climate measures, such as carbon border taxes, be added to the summit's agenda
Indonesia and France forge partnership to accelerate green energy transition
The Indonesian government, through its Ministry of Energy and Mineral Resources (ESDM), has launched a partnership with the Agence Française de Développement (AFD) to advance climate action and facilitate Indonesia’s shift to sustainable energy.
PLN Indonesia Power launches solar panel factory
PLN Indonesia Power (PLN IP), in collaboration with its joint venture PT Trina Mas Agra Indonesia (TMAI), inaugurated a new solar panel factory in Kendal, Central Java, on November 1.
Indonesia advances seaweed-based biofuel as key energy initiative
The Indonesian government, led by Minister of Investment and Downstream Industry Rosan P. Roeslani, has launched an initiative to convert seaweed into bio-aviation fuel (bioavtur) as part of its broader strategy.
COP29: Baku’s balancing act between green energy and oil rents
As Azerbaijan prepares to host the 2024 UN Climate Change Conference (COP29) in Baku from November 11 to 22, the choice of venue has attracted significant criticism, says Jody LaPorte, the Gonticas fellow at Oxford University.
Water at nine Bulgarian dams below required level
Erdogan forgives Kyrgyzstan’s $59mn debt to Turkey as OTS leaders gather for Bishkek summit
Canadian miner Entrée reports “outstanding” copper-gold drill results obtained by JV with Rio Tinto unit in Mongolia
ADB to finance wind energy assessment in Turkmenistan
Slovenia hits 25% renewable energy target in 2023
France’s Proparco extends €50mn loan for Turkey’s Yapi Kredi Leasing renewable energy and EV investments
Romania signs MoU with Itochu of Japan on Tarnita-Lapustesti pumped hydropower plant
The Romanian Ministry of Energy announced it signed, on November 4, a memorandum of understanding (MoU) with the Japanese company Itochu for the development of the 1GWh reversible hydropower plant project Tarnița-Lăpuștești.
Climate activist Greta Thunberg appears at the Georgian opposition protests in Tbilisi
Climate activist Greta Thunberg has broadened her profile to take on politically charged issues such as Israel’s bombing of Gaza. Now she has joined the Georgian opposition’s fight and appeared in front of the parliamentary building in Tbilisi.
Azerbaijan Railways releases the republic's first ever sustainability report for a major corporation
As COP29 comes closer, Azerbaijan Railways (ADY) released the first ever sustainability report by a major state-owned corporation at an event in Baku on October 23.
ING: The uncertain road to carrying out Poland’s ambitious energy strategy
Poland’s draft update of its National Energy and Climate Plan for 2030-2040 has been designed by the book. Its main goals include improving energy efficiency, green energy and investing in electrification.
China's CAP1400 reactor powers up towards clean energy dominance
China has marked a major milestone in its nuclear energy ambitions with the successful connection of its first CAP1400 reactor to the grid.
NTPC, ONGC form joint venture to develop clean energy projects in India
India’s state-owned power giant NTPC and oil and gas firm ONGC have teamed up through their green energy subsidiaries, NTPC Green Energy Limited (NGEL) and ONGC Green Energy Limited (OGL), to expand their interests in renewable and new energy.
Gensol Engineering secures solar power project in India's Maharashtra
Mumbai-listed Gensol Engineering, a renewable energy firm specialising in solar power engineering, procurement, and construction (EPC) services, has secured a turnkey EPC order for a solar PV power plant in Maharashtra.
Uzbekistan’s Enter Engineering and FLSmidth sign $215mn Almalyk MMC copper production deal
Baltic States pursue a joint energy centre project ahead of synchronisation with Continental Europe
Panama meets entire power demand with renewable energy
Turkey invites bids for 1,200 MW of wind plants
Grid connections to be awarded for 49 years.
EBRD provides $54.6mn for solar plant to support Uzbekistan's transition to low-carbon economy
Chile's Verano Energy constructs 200MW solar project in Argentina
Argentina's renewable energy sector received a significant boost as Chilean developer Verano Energy commenced construction on a 200MW solar project in Mendoza province.
Europe risks falling behind as China accelerates decarbonisation drive
As the world pivots towards sustainable energy, the recent launch of the second edition of Supergrid Super Solution in Brussels has raised crucial questions about Europe’s energy strategy.
South Korea's nuclear renaissance: new reactors signal energy independence
South Korea is poised for a significant shift in its energy landscape with the recent ceremonies marking the completion of the Shin Hanul nuclear power plant’s units 1 and 2, alongside the groundbreaking for units 3 and 4.
Armenia to host 2026 United Nations biodiversity conference
Bangladesh announces tax incentives for renewable energy-based power projects
Bangladesh has introduced a 10-year tax incentive to promote investments in renewable energy-based power facilities, aiming to boost clean energy generation.
BMW to produce high-voltage batteries in Mexico, eyes 2027 electric vehicle rollout
BMW is set to begin producing high-voltage batteries for electric vehicles in Mexico in 2025, marking a pivotal move as the German automaker gears up to manufacture electric cars in the country by 2027.
Rio Tinto partners with Fleet Space Technologies to develop Argentine lithium project
Rio Tinto has partnered with Australia's Fleet Space Technologies to implement space technology at its Rincon lithium project in Argentina.
Gonvarri Solar Steel wins solar tracker supply contract for Chilean project
Spanish manufacturer Gonvarri Solar Steel has secured a significant contract to supply over 3,600 solar trackers for a 230-MW project in Chile's Atacama Desert.
Kenya, Global Green Growth Institute partner to kickstart green hydrogen sector with $200,000 funded initiative
The Kenyan government, in collaboration with the Global Green Growth Institute (GGGI), has launched a one-year green hydrogen project to propel the country towards a sustainable, low-carbon future.
Masdar to commission 1,000 MW of solar and wind power projects in Azerbaijan by 2026
US expresses optimism for Indonesia’s Just Energy Transition despite challenges
The United States remains hopeful about the progress of Indonesia's Just Energy Transition Partnership (JETP), a key initiative to support the country's shift away from coal dependence
Indonesia to push for climate financing at COP29
At the upcoming COP29 conference in Baku, Azerbaijan, scheduled for November 2024, Indonesia plans to emphasise its strides in reducing carbon emissions and advancing carbon trading frameworks
Brazil launches new initiatives to attract green investment
Brazil is advancing multiple initiatives to boost investment in energy transition and economic decarbonisation projects, with a focus on attracting private-sector financing due to limited government funding for subsidies.
Brazil to build largest floating solar plant in Tocantins
Brazil's largest floating solar installation is set to be constructed at the Lajeado Hydroelectric Power Plant reservoir in Tocantins, with completion scheduled for December 2025, according to Tigo, one of the subcontractors for the project.
Climate Investment Funds back $1bn plan to upgrade Turkey’s grid with $70mn investment
Central America and Mexico face challenges in renewable energy transition
Central America and the Caribbean are struggling to meet global renewable energy targets for 2030, according to a recent report by the International Renewable Energy Agency (Irena).
African Development Bank lends $8mn for construction of 25MW Ilute solar project in Zambia
China Classification Society partners with Nanyang Technological University for B100 biofuel testing
The China Classification Society (CCS), Weichai Singapore, the Marine Energy and Sustainability Research Department at Nanyang Technological University (MESD), and Pinnacle Marine have formed a collaborative research agreement.
India's JSW Group, Korea's POSCO sign MoU on steel, renewable energy and EVs
Indian conglomerate JSW Group has signed a memorandum of understanding (MoU) with Korea’s POSCO Group to collaborate across the steel, battery materials and renewable energy sectors in India, JSW announced on October 29.
Indian solar PV module manufacturer Waaree Energies makes stellar debut on stock exchanges
Indian solar photovoltaic module manufacturer Waaree Energies made a remarkable stock market debut on October 29, with shares closing higher by 56%.
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