REM - Renewable Energy
Turkey beats Germany to title of Europe’s top polluter from fossil fuel power production in 2024
North Pole temperature soars 20°C above average
Temperatures skyrocketed at the North Pole on February 9, climbing 20°C above average and surpassing the melting point.
Swiss firm Landis+Gyr exits EV charging business, Slovenian unit faces liquidation
Swiss energy management company Landis+Gyr has announced its withdrawal from the EV charging infrastructure sector, a move that will likely lead to the liquidation of its Slovenian subsidiary, Landis+Gyr EV Solutions, formerly known as Etrel.
Colombia's Petro heads to Arabian Peninsula for summits amid domestic turmoil
Colombian President Gustavo Petro departed for the Arabian Peninsula for a series of diplomatic engagements, despite ongoing political uncertainty at home. His visit includes participation in the World Government Summit 2025.
Turkey’s Vestel Mobilite supplies 16 EV chargers to Electrip Global
Turkish electric mobility solutions company Vestel Mobilite has supplied 16 electric vehicle (EV) chargers, each with a capacity of 400 kilowatts (kW), to a charging hub launched by Electrip Global in Assago, Italy.
Woodside CEO calls for more pragmatic Australian energy policy
Woodside Energy CEO Meg O’Neill has called for a more pragmatic discussion on Australia’s energy future, warning that policy uncertainty and regulatory hurdles are hampering investment in both gas and renewables.
Ukraine needs 5.4 GW of new power generation by 2026 to prevent electricity shortages
Ukraine must install 4.3 GW of renewable energy and 1.1 GW of gas-fired power plants by 2026 to meet its immediate electricity needs.
Ukrainian oil trader expands into agriculture and EV infrastructure
Ukrainian oil trader Vitaliy Antonov is expanding into agriculture and electric vehicle (EV) infrastructure.
Poland has 21GW of solar power and 11GW of wind generating capacity as green energy development continues
Fertiglobe’s Green Hydrogen project in Egypt set for final investment decision in H1 2025
Sarytogan Graphite adds second copper exploration project in Kazakhstan to portfolio
Kazakhstan-focused Australian exploration firm Sarytogan Graphite has identified three copper anomalies within the Kopa exploration licence, a 120-square-kilometre greenfield project over the Koskuduk Caldera in southern Kazakhstan.
Indonesia moves to resolve institutional barriers to nuclear energy development
Indonesia’s National Development Planning Ministry (Bappenas) is spearheading efforts to address institutional challenges in the country’s nuclear power ambitions by forming a working group dedicated to regulatory revisions
Honeywell, AM Green to produce sustainable aviation fuel, green methanol, green hydrogen in India
Nasdaq-listed Honeywell and Indian clean energy company AM Green have signed a memorandum of understanding (MoU) to assess the techno-economic feasibility of producing sustainable aviation fuel, green methanol and green hydrogen
Albania’s gas plans in the doldrums
Beyond providing the stable and dispatchable baseload energy supply Albania lacks, gas could also spur economic growth and industrial development, in the right conditions.
North Macedonia signs €55mn agreement with KfW for renewable energy projects
The government of North Macedonia announced on February 11 the signing of a €55mn agreement between state-run power producer ESM and Germany’s KfW development bank for the construction of two new renewable energy capacities.
International consortium partners to be added to Russian-led project to build Uzbekistan a nuclear power plant
Uzbekistan has decided to establish an international consortium for the building of its planned small nuclear power plant (SNPP), according to the head of the Atomic Energy Agency (Uzatom).
Trump's Iran sanctions put Iraq's power sector at risk
Iraq faces a potential energy crisis as US President Donald Trump ends its exemption from sanctions on Iranian gas and electricity imports.
Argentine solar capacity surges, advancing renewable energy agenda
Argentina's solar power capacity grew significantly in 2024, with installed photovoltaic capacity increasing by 307 MW to reach a total of 1,673 MW by year-end.
Solar panel maker Kalyon sells 11% stake via Istanbul IPO for TRY 3bn
Kalyon Gunes Teknolojileri (KLYPV), or Kalyon PV, has sold 46mn shares, amounting to a 11% stake, via a Borsa Istanbul IPO.
China’s BYD targets 50,000 EV sales in Turkey in 2025
Output of Romania's Hidroelectrica drops 21% y/y in 2024
Romania’s state-controlled hydropower group Hidroelectrica (BVB: H2O) has reported a 21% year-on-year decline in net electricity production to 13,864 GWh in 2024, according to its preliminary operational report.
EBRD provides second tranche of equity investment in Kazakhstan-focused Sarytogan Graphite
Australia’s Sarytogan Graphite has received A$2.36mn as an equity investment from the European Bank for Reconstruction and Development (EBRD) as part of its Tranche 2 funding.
Albania partners with Israeli companies on renewable projects
Fourth India-UK Energy Dialogue takes place in New Delhi
The 4th India-UK Energy Dialogue, co-chaired by Manohar Lal, Union Minister of Power and Housing and Urban Affairs of India, and Ed Miliband, Secretary for Energy Security and Net Zero for the United Kingdom, was held on February 10 in New Delhi.
Gensol Engineering secures $110mn solar PV project in India's Gujarat
Gensol Engineering has bagged an EPC contract from a public sector undertaking for the development of a 245 MW solar PV project at the Khavda RE Power Park in the state of Gujarat.
H2 Global Energy finalises initial studies to build green hydrogen and ammonia plant in southern Morocco
Singapore Airlines signs MoU to secure sustainable aviation fuel from Aether Fuels
The Singapore Airlines Group (SIA) has signed a Memorandum of Understanding (MoU) to procure pure sustainable aviation fuel (SAF) from Aether Fuels (Aether), a climate technology company
JA Solar modules power Coca-Cola’s 2.5MW solar project in Pakistan
China-based JA Solar's DeepBlue 4.0 Pro modules have been utilised for a newly completed 2.5MW PV project at Coca-Cola's Faisalabad facility in Pakistan, delivered by Shams Power, the company said on February 10.
Brazil’s Petrobras makes first renewable VLSFO sale in Asia
Petrobras has completed its first sale of very low sulphur fuel oil (VLSFO) with 24% renewable content (B24) in the Asian bunker market.
Ukraine boosts gas imports from Hungary, Slovakia as biomethane exports lag
Ukraine is ramping up natural gas imports from Hungary and Slovakia, bringing in 14.1mn cubic metres on February 7, up from 10.9 mcm the previous day.
Ukraine begins biomethane exports to EU as renewable energy ambitions grow
Ukraine has started exporting biomethane to the EU, marking a milestone in its renewable energy development.
Turkey completes tenders for 800 MW of solar
Half a billion dollars will be invested in building the plants. Sixty-seven companies placed 146 initial bids.
World Bank, African Development Bank to fund construction of 361MW power plant in Malawi
EBRD supports Turkish flour producer Ulusoy Un’s green transition with €80mn loan
The European Bank for Reconstruction and Development (EBRD) is providing an €80mn loan to Turkish flour producer Ulusoy Un to finance the company’s long-term renewable energy capital expenditure and energy-efficient capacity expansion.
Sustainability of South Africa’s electricity supply under scrutiny with return to power outages
The sudden return to load shedding, announced by the state-run power utility Eskom has caught South Africans off guard, dashing hopes of putting years of rolling blackouts behind them.
Turkey’s Limak Renewables sells $450mn 5.5-year debut green eurobond at 9.625% coupon
Turkey's Limak Renewables on February 5 sold $450mn of green eurobonds (XS2989570945) at a coupon rate and a yield to investor of 9.625% (priced at 100), Cbonds reported.
Arctic set to undergo irreversible damage as hopes of hitting the 1.5C Paris target fade
The Arctic is set to undergo dramatic and irreversible changes in the coming years if global warming reaches 2.7°C above pre-industrial levels, according to a new paper from Science that will see large swathes of polar ice and permafrost melt.
China's solar boom faces new challenges
China’s clean energy sector is entering a new phase, as the government moves to scale back subsidies for renewable energy projects.
Cambodia to add 720MW of solar power in 2025
Cambodia is expanding its clean energy capacity, with solar farms expected to double their contribution to the national grid in the year 2025, according to the Electricity Authority of Cambodia (EAC).
Chile solar capacity surges by 2.1 GW in 2024, more growth planned
Chile added 2,141 megawatts (MW) of solar power capacity in 2024, bringing total installed photovoltaic generation to 10,507 MW.
Brazil's Raizen weighs capital increase as parent Cosan seeks debt relief
Raizen, Brazil's largest sugar producer and fuel distributor, is discussing a potential capital increase as its parent company Cosan looks to reduce debt
India achieves historic milestone by surpassing 100GW installed solar power capacity
India has achieved a historic milestone by surpassing 100GW of installed solar power capacity, the government said on February 8.
NTPC Green forms joint venture to develop clean energy projects in India's Andhra Pradesh
Local investors in Moldova plan two solar parks with combined capacity of 90 MWp
The Ministry of Energy in Moldova on February 7 announced that it proposed for approval two projects for the development of PV parks with capacities of 40 MWp and 50 MWp respectively.
Cargill to buy out Brazil sugar, ethanol producer SJC Bioenergia
US major agricultural trader Cargill has agreed to acquire the remaining 50% stake in Brazilian sugar and renewable energy producer SJC Bioenergia, expanding its presence in the renewable energy sector.
Singapore’s Ampyr Energy expands Australian battery portfolio with full ownership of Wellington project
Singapore-backed Ampyr Energy is set to bring two large-scale battery projects online in New South Wales in the coming years, following a deal that grants it full ownership of its first Australian venture
INTERVIEW: Lee Chun-Li – Taiwan Energy Administration
Taiwan's Ministry of Economic Affairs Energy Administration Deputy Director General sits down to talk power generation, renewable energy goals and if nuclear power has a future in Taiwan
Utomodeck Group expands into the floating solar power industry
Utomodeck Group, a green energy developer, has announced its entry into the Floating Solar Power Plant (PLTS) sector as part of its strategy to support Indonesia’s energy transition
Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India
Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India over the next two decades
Uzbekistan's EV imports around 24,000 in 2024 versus 16,000 in 2023
Uzbekistan imported 24,095 electric vehicles (EVs) worth $224.8mn in 2024, up from 16,084 in 2023, according to data from the state’s statistics agency.
French EDF acquires 70% stake from Brazil’s Neoenergia
French state-owned EDF has acquired a 70% stake in the Baixo Iguaçu hydroelectric plant from Neoenergia for an enterprise value of BRL1.43bn.
Poland plans to spin-off state-owned coal assets as energy transformation plans slowly gather momentum
Poland's Ministry of State Assets will present a comprehensive plan for the spin-off of coal assets from state-owned power companies to Parliament on February 13, as the government's energy transformationd plans gather pace.
Poland's Orlen to build a green hydrogen production facility in Szczecin
Poland's leading energy conglomerate, Orlen, plans to build a green hydrogen production facility in Szczecin as part of the "Clean Cities – Hydrogen Mobility in Poland" initiative, funded by the E, PAP reported on February 7.
Amazon invests in three new renewable energy projects in India
Amazon on February 6 announced investments in three new wind energy projects across India as part of its commitment to powering its operations with 100% renewable energy.
Montenegro, Serbia to soon release cross-border impact study for Buk Bijela HPP
Montenegro and Serbia should soon release a cross-border impact study for the construction of the Buk Bijela hydropower plant on the Drina River.
Taiwan’s 640-MW Yunlin offshore wind project achieves milestone in clean energy push
Taiwan’s 640-MW Yunlin offshore wind project has successfully begun operations. This ambitious venture, a collaboration between Skyborn Renewables and Yunneng Wind Power, marks a major milestone in Taiwan’s renewable energy ambitions.
Indonesia eyes role as regional carbon storage hub with CCS investments
Indonesia is positioning itself as a regional hub for carbon storage by advancing its expertise in Carbon Capture and Storage (CCS) technology, according to Hashim Djojohadikusumo, Special Envoy for Climate and Energy
Tata Power signs MoU with India’s Rajasthan to accelerate rooftop solar adoption
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Mumbai-based Tata Power, has signed a memorandum of understanding (MoU) with the power distribution companies of Rajasthan to boost the adoption of renewable energy
Malaysia advances carbon capture plans with $10bn investment potential
Malaysia is accelerating its adoption of carbon capture technology as part of its net-zero strategy, with a regulatory framework set for parliamentary review in March this year
Uruguay ramps up climate resilience efforts with CAF support
Indonesia reaffirms Paris climate commitment despite envoy’s remarks
Indonesia’s environment ministry has reaffirmed the country’s commitment to the Paris Agreement, following comments from its climate envoy questioning the deal’s relevance after Washington’s withdrawal
Expect CASA-1000 power transmission project to start up in 2027, says Tajikistan
The launch date for the Central Asia-South Asia power transmission project (commonly known as CASA-1000) has been announced as 2027 by the Minister of Energy and Water Resources of Tajikistan Daler Juma.
Mexico announces major power grid investment plan
Mexico will invest £46,611mn in 65 projects to modernise the National Transmission Network (RNT), combining renewable energy expansion with nationwide efforts to increase electricity access and modernise the grid.
Germany looks to repurpose Nord Stream 2 for green gas project
German authorities are considering re-tasking the Nord Stream 2 pipeline to deliver green hydrogen or natural gas from Finland.
Denmark’s Vestas reports record orders and net profit of $500mn
Danish wind turbine producer Vestas reported a banner year in 2024, sparked by record orders and an increase in profits by six-fold, the company revealed.
Norway’s Equinor rolls back climate targets
Norwegian energy firm Equinor has scaled back its climate goals amid increasing headwinds.
KE’s 220-MW hybrid project in Pakistan secures record-low tariff
K-Electric (KE) is advancing its renewable energy transition, with the 220-MW Site-Neutral Hybrid Project in Dhabeji moving through key regulatory stages
India’s power price cap to add $84bn to costs, slow renewables deployment: report
India’s energy market will face INR7 trillion ($84bn) in higher cumulative wholesale power costs and 1% higher carbon emissions between 2025 and 2060 due to the INR10 ($0.11)/kWh Day Ahead Market price cap.
Trump’s tariff war threatens to curb progress made in energy transition
US President Donald Trump’s protectionist approach to international trade could slow progress on the energy transition and turn the global supply chain for renewables upside down.
Indonesia secures $15.3mn grant from France and EU for energy transition
Indonesia has obtained a €14.7mn ($15.3mn) grant from France and the European Union to support its shift toward renewable energy, following repeated government criticism over the lack of international climate financing
Indonesia shifts focus to energy transition after securing $10bn China funding
During his first state visit as Indonesia’s president, Prabowo Subianto oversaw the signing of a $10bn investment deal with China last November
Albania aims to safeguard 25% of land and sea by 2030
NTPC and Indian Army sign renewable power deal
State-owned power major NTPC and the Indian Army have signed a power purchase agreement (PPA) for sale of power (200 kW RE-RTC) from solar-hydrogen based microgrid at Chushul, Ladakh for a period of 25 years
France’s Engie opens battery storage at former Chile diesel plant site
French utility Engie has begun commercial operations of its 68-megawatt (MW) battery storage system at a former diesel power plant site in northern Chile, marking another step in the country's shift from fossil fuels.
Solex Energy commissions 800-MW solar module line in India
Mumbai-listed Solex Energy has commissioned an 800-MW solar module manufacturing line, according to a stock exchange filing.
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