REM - Renewable Energy
All applicants advance in Colombia’s offshore wind auction
Colombia’s energy ministry has confirmed that every company that submitted applications for the nation’s inaugural offshore wind tender has pre-qualified, meeting the necessary legal, financial and technical criteria
NLB Bank Pristina secures €10mn for green investments in Kosovo
Taqa Arabia inaugurates Egypt’s largest solar-powered desalination plant, in Soma Bay
Singapore’s Yinson GreenTech partners with Incat Crowther for advanced electric cargo vessel
Australia's Incat Crowther has been commissioned to design a cutting-edge, all-electric cargo vessel for Singapore's marinEV, a subsidiary of Yinson GreenTech.
Energo: Czechs choose the nuclear option
Czechs choose the nuclear option
Given the huge cost of this nuclear drive, environmental and energy analysts warn that the investments will influence the shape of the entire Czech energy transformation.
GreenSinnergy unveils sustainable aviation fuel project in Argentina
German firm GreenSinnergy GMBH has unveiled plans for an ambitious sustainable aviation fuel project in Argentina's Chubut province, leveraging the region's substantial wind resources to produce green hydrogen.
GGF extends €7mn loan to Istanbul-listed Isbank’s Georgia unit
Togo signs solar energy deals with RELP and China’s HAIER
Tunisia approves tenders for 1,700 MW of renewable energy
DBK announces launch of $178mn 150MW wind power plant in Kazakhstan
BP retreats from offshore wind with JERA JV, eyes profits amid energy transition
BP’s strategy shift is taking shape as the oil giant scales back its offshore wind ambitions through a new joint venture with Japan’s JERA.
REM: BP retreats from offshore wind with JERA JV, eyes profits amid energy transition
Gerdau pours $231mn into solar park in Goiás
Gerdau, through its subsidiary Gerdau Aços Longos and Newave Energia, has announced plans to construct a solar power park in Barro Alto, Goiás, with an investment of BRL1.3bn ($231mn).
Pluspetrol ventures into renewables with Uruguayan wind farm acquisition
Pluspetrol has entered Uruguay’s renewable energy market with the acquisition of the Cerro Grande and Peralta I & II wind farms. The assets, previously held by the DIF Infrastructure V and VI funds.
ADB approves financing facility for Sri Lanka’s energy sector sustainability
The Asian Development Bank (ADB) has sanctioned a $30mn Small Expenditure Financing Facility (SEFF) for Sri Lanka's Ceylon Electricity Board (CEB), with a guarantee from the government of Sri Lanka.
Punjab Agricultural University collaborates for paddy straw-based biogas plant
Punjab Agricultural University (PAU) has partnered with Panj Aab Bio Fuel & Fertilizers Private Limited, Ludhiana, to commercialise a paddy straw-based biogas plant using above-ground mild steel (MS) sheet technology
Pakistan emerges as the third-largest importer of Chinese solar panels
Pakistan’s energy sector is experiencing a profound shift, emerging as the third-largest importer of Chinese solar panels, driven by soaring electricity costs and a growing appetite for renewables.
Electricity sector backs $230bn in green hydrogen projects in Brazil
Aneel (National Electric Energy Agency) has approved 13 green hydrogen projects in Brazil, marking the first initiative in the country focused on hydrogen production.
BCPG to invest $945mn in power projects, prioritising clean energy
BCPG Plc, the power generation arm of Bangchak Corporation, plans to invest over THB32bn ($945mn) in 2025 to fund new power projects, primarily focused on clean energy sources
Singapore’s Eastern Pacific shipping to install wind-assisted propulsion on new MR tanker
Singapore’s Eastern Pacific Shipping (EPS) has signed an agreement with Spain’s bound4blue to install three 22-metre eSAILS on a new medium-range (MR) tanker under construction at China’s New Times Shipbuilding
Bolivia turns to foreign partnerships to jumpstart lithium industry
Bolivia, home to the world’s largest lithium reserves, is intensifying its efforts to establish itself as a major player in the global lithium market by partnering with international firms.
Swedfund, IFU partner with Sturdee Energy to advance renewable energy development in Southern Africa
Sweden’s development finance institution Swedfund and Danish Investment Fund for Developing Countries (IFU) have partnered with South Africa’s Sturdee Energy to advance renewable energy development in Southern Africa.
Zimbabwe's top electricity consumers secure $250mn to build 250MW floating solar farm on Lake Kariba
UK-based electric mobility startup OX Delivers bags $163mn contract for East Africa expansion
OX Delivers, a UK-based electric mobility startup, secured a $163mn (€154mn) contract to launch its first franchise, OX East Africa
Indonesia’s path to phasing out coal by 2040: EMBER’s roadmap
Indonesia must reduce its coal-fired power plant capacity by 3 gigawatts (GW) annually and simultaneously increase renewable energy capacity by 8 GW each year to meet its goal of phasing out coal by 2040
Serbia allocates €1bn in first-ever green budget for 2025
Serbia's first green budget prioritises infrastructure and environmental protection.
Varo Energy in talks to buy Preem's Swedish oil refineries
European energy company Varo Energy is in negotiations to acquire Preem's two Swedish refineries.
IESR criticises Indonesia’s renewable “green” RUPTL plans
Vietnam faces challenges in meeting carbon emission targets
Vietnam is facing significant challenges in meeting its climate change commitments, particularly in the area of greenhouse gas emissions
Where does nuclear power-use stand in post-COP29 Asia?
It is now a month since COP29 opened its doors to delegates from around the world in the city of Baku, Azerbaijan on November 11
Malaysia’s Gentari to supply green power to AMG Ammonia in India
Malaysia’s Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited, has entered into a firm power purchase agreement (PPA) with AM Green Ammonia India Private Limited (AMG Ammonia) to deliver 650 MW of carbon-free energy
Rajasthan leads India’s renewable energy drive
Indian Union Minister for New and Renewable Energy Pralhad Joshi highlighted Rajasthan's pivotal role in advancing India’s renewable energy ambitions, describing the state as a leader in the sector.
Serbia is developing first agri-solar project in the Balkans
Serbia is set to pioneer the Balkans’ first agri-solar power plant, combining crop production with renewable energy generation in the municipality of Kula.
Brazil’s Aeris’ credit profile worsens on wind power equipment market downturn, says Fitch
Albania opens pastureland for solar projects
Colombia’s Promigás issues $122mn in social bonds to expand financial inclusion scheme
Promigás, together with Surtigás and Gases de Occidente, has announced the issuance of $122.5mn in social bonds to bolster its Brilla programme, which provides credit access to underserved Colombian households.
Enel launches Colombia's largest solar farm Guayepo I & II
Enel Colombia, through its Enel Green Power division, has inaugurated the Guayepo I & II solar plant in Atlántico, marking a significant milestone in Colombia's renewable energy sector, the company stated on December 3
Philippines moves closer to nuclear energy but IAEA urges more work
The Philippines has made notable strides in advancing its nuclear energy ambitions, but the International Atomic Energy Agency (IAEA) has called for further efforts to fine-tune the nation's strategy.
Framatome to boost Japan’s fast reactor ambitions with new agreement
Framatome, the French nuclear technology firm, is set to play a pivotal role in advancing Japan's fast reactor ambitions through a new cooperation agreement.
Samsung C&T and Kärnfull Next form strategic partnership for Sweden’s SMR future
Samsung C&T, South Korea’s leading construction firm, has embarked on a significant collaboration with Swedish small modular reactor (SMR) developer, Kärnfull Next, marking a pivotal step towards shaping Sweden’s nuclear energy
Vietnam revives nuclear power project, estimated to cost billions of dollars
Vietnam has resumed its long-delayed nuclear power project in Ninh Thuan Province, south-central Vietnam, with an estimated cost running into billions of dollars, a Ministry of Industry and Trade (MoIT) official said
Chinese AVIC considers exiting project for Bosnia’s Bistrica HPP construction
Chinese company AVIC is considering exiting the project for construction of the Bistrica hydropower plant in Bosnia & Herzegovina due to stalled payments.
Argentina advances energy efficiency program by scrapping import barriers
Argentina is streamlining its energy efficiency program by eliminating import barriers for appliances and machinery, another step in President Javier Milei's industry deregulation campaign.
COMMENT: European countries plan hydrogen import infrastructure to achieve climate goals
Talks between Greece's DESFA and several Southeast and Central European countries aim to establish a new hydrogen corridor to Germany.
Halyk launches debut green bond on Kazakhstan Stock Exchange
Keppel of Singapore to work on energy transition projects in India
Keppel of Singapore announced on December 3 that it had signed three Memoranda of Understanding (MoUs) at the 29th Confederation of Indian Industry (CII) Partnership Summit 2024 in New Delhi.
Suzlon, Jindal Renewables expand partnership in India
Suzlon and JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, have expanded their collaboration with a new 302.4-MW wind power project in Karnataka's Koppal region, aimed at bolstering India's green steel production.
World Bank approves €31mn loan to Montenegro for energy transition
The World Bank said it has approved a €31mn loan to support Montenegro’s plans for decarbonisation of the energy sector and the transition to a low-carbon economy.
Ukrainian household solar power capacity surpasses 1.5 GW, led by Dnipropetrovsk region
Ukrainian households have installed over 1.5 GW of solar power generation capacity, marking a milestone in the country’s transition to renewable energy despite the challenges posed by the ongoing war.
Estonia’s opposition MPs clamour against abundant wind farms off Estonia's coasts
The debate over offshore wind farms in Estonia has intensified, with opposition politicians warning that such projects could compromise national defence capabilities.
South Africa eases visa regulations for Nigerian visitors, pledges collaboration in critical minerals sector
BII, GuarantCo partner to provide $100mn guarantee to build 500MW renewable capacity in South Africa
SMBC Indonesia partners with AFC to support green transition
PT Bank SMBC Indonesia (BTPN), in partnership with its parent company Sumitomo Mitsui Banking Corporation (SMBC), has reinforced its commitment to advancing Indonesia’s transition to net zero emissions
Over 1mn rooftop solar installations expected under India's PMSGMBY scheme by March 2025
Under the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world's most extensive domestic rooftop solar initiative, over 1mn installations are expected by March 2025.
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