REM - Renewable Energy
Brazil’s first biorefinery uses Danish tech, backed by Petrobras, Braskem, Ultra
Refinaria Riograndense, owned by Petrobras, Braskem and Grupo Ultra, has signed a deal with Denmark’s Topsoe to supply technology for Brazil’s first biorefinery, a project estimated at $1bn.
Iran begins building huge solar farm in south-west
Iran’s Energy Minister Abbas Aliabadi broke ground on a massive solar power plant in the southeastern city of Behbahan, Khuzestan Province.
Bulgaria to join Caspian-Black Sea green energy corridor
World leaders gather in Baku for COP29 climate summit
Azerbaijan's President Ilham Aliyev and UN Secretary-General António Guterres welcomed heads of state and government to the World Leaders Climate Action Summit at COP29 in Baku on 12 November.
Biden imposes methane fee on oil and gas emitters, and Trump may repeal it
The administration of lame duck US President Joe Biden has finalised a final rule authorising a methane levy for the first time for major oil and gas producers so that emissions of the powerful GHG are slashed.
Turkey launches tenders for 800 MW of solar capacity
Island states climate summit opens at COP29 with funding pledge
The first satellite detected methane and CO2 emissions released by Carbon Mapper
Carbon Mapper released the first methane and carbon dioxide (CO2) detections by the Tanager-1 satellite on October 21, 2024.
China’s Gotion High-Tech to build $1.3bn electric battery gigafactory in Moroccan city Kenitra
NYSE-listed Digital Reality's South African unit Teraco builds 120MW solar farm to power AI computing applications
ACWA Power's Shuaibah 1 solar plant begins commercial operations
Masdar signs investment agreement for 1-GW wind farm in Kazakhstan
Kazakhstan advocates climate action, reiterates commitments to carbon neutrality at COP29
Iran steps up efforts to attract foreign investment for clean energy
The Iranian government plans to drum up foreign investment to develop renewable energy projects, with a total capacity of 20,000 megawatts (MW) in a bid to bridge the country's growing energy deficit.
Trump election casts a pall over COP29 in Azerbaijan
Delegates at COP29 – the annual UN climate conference – in Baku, in the petro-state of Azerbaijan are well aware that Trump is a climate denier. It is one of the main topics of conversation. The mood is reportedly anxious.
Vietnam PM urges nuclear power reactivation to secure energy supply
Vietnam Prime Minister Pham Minh Chinh has emphasised the importance of reactivating nuclear power, accelerating public investment, and developing high-quality human resources to sustain the country's economic growth and meet increasing energy demand
China’s Trina to sell just-opened Texas solar factory
Chinese solar giant Trina Solar Co confirms it is selling a new Texas panel factory just days after it opened.
Reliance Industries to invest $7.7bn in bio-CNG projects in India's Andhra Pradesh
Mumbai-based Reliance Industries Ltd (RIL) is likely to invest INR650bn ($7.7bn) to establish 500 compressed biogas (CBG) or bio-CNG plants in Andhra Pradesh over the next five years.
India's renewable energy capacity jumps 13.5% in the past year
India's renewable energy capacity saw a significant boost, increasing by 24.2 GW or 13.5% over the past year to reach 203.18 GW in October 2024, up from 178.98 GW in October 2023, the Ministry of New and Renewable Energy (MNRE) reported.
Debt accumulation stalls renewable energy expansion in Ukraine, says expert
Ukraine’s mounting debt to renewable energy producers is stalling the construction of new capacities needed to address the country’s electricity shortfall.
Azerbaijan outlines renewable energy expansion as EU calls for swift action
Energy Minister Parviz Shahbazov announced at COP29's Ministerial Dialogue that Azerbaijan plans to increase renewable energy capacity to 2,250 MW by 2030, raising the share in installed capacity to 35.5%.
Dutch appeals court overturns ruling on Shell emissions
Shell has welcomed a Dutch appeals court’s overturning of a 2021 ruling in the Netherlands that would have required the oil major to accelerate cuts in its greenhouse gas emissions.
Croatia’s JGL launches €60mn sustainability bond
Mongolia needs financing equal to 50% of GDP to hit Paris targets, president tells COP29
Saudi Arabia's 2024 investments in Uzbekistan look set to hit $2.5bn by end of year
Serbia opens first waste-to-energy facility in Vinca
The company Beo Cista Energija opened Serbia’s first waste-to-energy facility in Vinca on November 12, marking a pivotal moment for the country’s waste management and renewable energy efforts.
Saudi Arabia launches first carbon credit exchange at COP29
Industry leaders voice concerns over Chile losing edge in green hydrogen race
Chile's early advantage in the global green hydrogen race appears to be fading, according to industry leaders who voiced concerns during a recent energy transition panel in Santiago.
Planned outages due to liquid fuel shortage, Iranian parl. center says
Iran's Parliamentary Research Centre (PRC) has attributed the country's nationwide power outages to a shortage of gas and liquid fuels for thermal power plants (TPPs).
Mexico’s energy strategy expands support for Cuba and renewable initiatives
Mexico's government, under President Claudia Sheinbaum, has taken an assertive stance on energy reform, addressing both domestic and international needs.
EBRD poised to loan $120mn to finance Scatec solar facility in Egypt
OMV Petrom awards contract for development of 89MWp solar plant
Integrated energy producer OMV Petrom announced it signed an EPCC contract for the development of the 89MWp Ișalnița solar project, to be commissioned in mid-2026, with an association of Romanian companies.
This year to be warmest on record, says Copernicus
The year 2024 is almost certain to set a new record as the warmest year in documented history, according to the European Union’s Copernicus Climate Change Service.
Optimisation key to drive down green hydrogen costs: Rockwell interview
Data-driven automation can help optimise green hydrogen production, helping the nascent industry scale up to the level required to play its role in a net-zero future.
Only 16% of the world’s largest firms are on course for net zero emissions by 2050, says Accenture
Only 16% of the world’s largest firms are on course to meet net zero emissions by 2050, with nearly half (45%) experiencing rising emissions, according to a recent Accenture study.
BIMSTEC Energy Centre to come up at India's Bengaluru
India and the BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Secretariat have formalised an agreement to establish the BIMSTEC Energy Centre (BEC) in Bengaluru, according to a November 11 announcement.
Efficiency savings and renewables key to Moldova’s long-term energy security, says EBRD
Energy efficiency investments are critical to Moldova's long-term energy security, the EBRD's head of Moldova told bne IntelliNews.
Indonesia's PT Bakrie & Brothers partners Chinese company for floating solar and wind projects
Indonesian private manufacturing firm PT Bakrie & Brothers (BNBR) has partnered with Envision Energy International Ltd. to establish floating solar and wind power facilities, advancing Indonesia’s emissions reduction goals and 2060 net-zero target.
Tata Power to supply renewable power to Noida International Airport
Tata Power, one of India’s largest integrated power companies, has entered a strategic partnership with Noida International Airport (NIA) to promote renewable energy integration, the company announced last week.
Saatvik Solar to deliver PV modules to G2H Solar across India
Saatvik Solar has penned an agreement with G2H Solar to deliver 200 MW of Mono Perc Bifacial Half Cut solar PV modules, rated at 540/550 Wp, for multiple solar power projects in India, the company announced on November 11.
Brazil’s temperatures surge by 3ºC over 60 years
Over the past 60 years, some regions in Brazil have experienced warming rates surpassing the global average, with average daily maximum temperatures rising by up to 3ºC, according to the “Climate Change in Brazil” report.
Rahmon inaugurates electric motorcycle and scooter plant
Saudi EV maker Ceer signs Rimac deal for electric drive systems
Saudi Arabia's first electric vehicle manufacturer Ceer has partnered with Croatia's Rimac Technology to supply high-performance electric drive systems for its flagship EV range, on November 11.
Central Asian unified electricity trade platform will boost renewables, says Uzbek energy official
Ukraine’s National Energy and Climate Plan requires over $40bn investment by 2030
Ukraine’s ambitious National Energy and Climate Plan will require more than $40bn in investment by 2030 to meet its environmental and energy targets.
Amazon deforestation falls 31% in Brazil, hits nine-year low
Brazil recorded its lowest Amazon deforestation rate in nine years, with forest loss dropping 30.6% compared to the previous year, government officials said.
Chinese conglomerate CEEC invited to work on Turkmenistan’s low-carbon energy transformation
Bidding war for Paraguayan photovoltaic plant underway
Six binational consortia have submitted bids for constructing a 1MW floating photovoltaic plant at Paraguay's Itaipu hydroelectric facility.
Brazil ups climate targets ahead of COP29 summit
Turkey’s Yapi Kredi Leasing to renew €50mn EBRD loan with Green Economy Financing Facility II
COP29: Low expectations mar the start of crucial UN climate summit
A pall of anticipated disappointment hangs over the COP29 UN climate summit that kicks off in Baku, the capital of Azerbaijan, on November 11.
COP29 begins in Azerbaijan
Concorde Capital enters Ukraine’s energy market, aims to build $1bn company
Ukrainian investment firm Concorde Capital has announced plans to establish a $1bn energy company, intending to rival industry giant DTEK.
Ukraine simplifies biomethane plant connections to boost exports
Ukraine has eased technical requirements for connecting biomethane production facilities to its gas distribution network, aiming to enhance exports and support energy independence.
Petrobras drops plan to sell biofuels unit
Petrobras announced that it has decided to retain its biofuels subsidiary, PBio (Petrobras Biocombustível SA), after previously considering its sale.
Indonesia’s Karaha geothermal plant advances local clean energy development
The Karaha geothermal power plant in West Java, Indonesia, has officially begun operations, adding 30 MW of sustainable energy to the country’s grid
Serentica Renewables to develop 10-GW renewable energy projects in India's Andhra Pradesh
Serentica Renewables has announced plans to develop 10 GW of renewable energy projects in Andhra Pradesh, India, as part of the state's aim to achieve 72 GW of renewable capacity by 2030.
AI takes centre stage at ADIPEC
The conference, where almost 200,000 participants gathered, featured a series of sessions dedicated to the technology, as well as a special AI zone, where various AI-related energy solutions and initiatives were presented.
COMMENT: EU Anti-Deforestation Law challenges Brazilian exports and the future of the Mercosur-EU trade deal
The EU Anti-Deforestation Law significantly affects the Global South, particularly Brazilian exports to the European Union, and jeopardises the implementation of the Mercosur-EU Free Trade Agreement.
Planned blackouts strike Iran amid gas shortage at power plants
Iran was plunged into darkness as the government introduced “limited” power outages nationwide from November 10 due to a gas shortage that affected electricity generation at thermal power plants (TPPs).
Iran’s Pezeshkian calls for removal of barriers to investment in clean energy production
Iranian President Masoud Pezeshkian called for clearing the decks for investors looking to carry out projects in the country’s green energy sector as the nation faces a severe energy crisis.
Albania mandates zero-emission buildings by 2026
Indonesia prepares to start solar power exports to Singapore
Indonesia is set to begin solar power exports to Singapore in late 2027 or early 2028, marking a significant step in regional energy cooperation and low-carbon growth.
Singapore’s Punggol digital district to launch nation's first smart grid
JTC Corporation, Singapore's industrial development agency, has appointed Univers, a global decarbonization software firm, and local energy company PacificLight Power to develop the nation’s first district-level smart grid in the Punggol District
India plans Centres of Excellence for research on green hydrogen research
The Indian government has invited proposals for establishing Centres of Excellence (CoEs) under the National Green Hydrogen Mission's Research and Development (R&D) Scheme, the Ministry of New and Renewable Energy (MNRE) announced on November 7.
Bulgarian Hyper Energy, Canadian Eavor to jointly develop geothermal projects in SEE
Kyrgyzstan: Chinese firm scores a sweetheart deal to turn Bishkek’s rubbish into profits
Bishkek officials say the solution is environmentally friendly.
Uzbekistan to widen EV charging network
EBRD and EU launch SME Go Green programme to boost green investments in Serbia
The EBRD and the EU launched the SME Go Green programme for Serbia on November 6, stepping up their support for green investments in the Western Balkans.
Iran bans mazut burning at power plants amid gas, electricity shortage
The Iranian government has banned the use of liquid fuel for electricity generation at three key thermal power plants (TPPs) as concerns about winter power cuts mount.
Genneia secures funding necessary for develop two solar parks in Argentina
Argentina's leading renewable energy company, Genneia, confirmed that it has secured $100mn in international financing to develop two solar parks in Mendoza Province.
Brazil to import record coal amid hydro shortfall
NTPC approves coal-based power projects worth $9.5bn
Indian state-owned power company NTPC announced on November 5 that its board had approved investments for three coal-based power projects, amounting to an estimated INR797.39bn ($9.5bn).
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