REM - Renewable Energy
Woodmac dramatically cuts US wind market forecast
Wood Mackenzie has cut its five-year forecast by 40%, down from expected gross additions of 75.8 GW, “due to US policy changes and economic uncertainty,” the consultancy said in a new report.
China to power up Uzbekistan with nine mini hydropower plants in Andijan
Chinese construction firm Xinjiang Qianyuan Kunyu Construction Engineering is set to power up Uzbekistan's Andijan region with plans to build nine mini-hydroelectric power plants.
Colombia's Ecopetrol to construct sustainable aviation fuel plant
Colombia's state-owned energy firm, Ecopetrol, intends to allocate between $500mn and $700mn for the construction of a sustainable aviation fuel (SAF) production facility at its Barrancabermeja refinery.
Inpex advances search for CCS sites on West Australia's Bonaparte basin
Inpex is advancing its search for potential carbon capture and storage sites in the Bonaparte basin offshore Western Australia, as operator of a joint venture with TotalEnergies and Woodside Energy.
EDF Renewables commissions first main transmission substation built by IPP in South Africa
French independent power producer (IPP) EDF Renewables, a subsidiary of state-owned utility Électricité de France (EDF) Group, has commissioned South Africa’s first self-build main transmission substation (MTS).
US interim envoy flags energy diversification as key priority for Orban government in first public address
In his first public appearance in Budapest, US chargé d'affaires Robert Palladino stated that American diplomacy under a Trump administration would steer clear of "activism".
Trump moves to revive coal industry amid criticism, market shifts
President Donald Trump has signed four new executive orders seeking to revive the flagging American coal industry by easing environmental regulations and streamlining approvals for new mining operations.
Thailand to boost investment in clean energy tech amid renewables drive – IEEE expert
Thailand is set to increase investment in clean energy technologies in the coming years as the country intensifies efforts to transition toward renewable power sources, a senior official said.
Q.ENEST to introduce one-year PPA options for businesses in Japan
Q.ENEST Holdings has unveiled plans to offer short-term corporate power purchase agreements (PPAs), set to last for one year.
BPCL, Sembcorp to develop clean energy projects in India
Indian state-owned Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited have entered into a joint venture to develop renewable energy and green hydrogen projects in India
India's NTPC eyes small nuclear reactors to replace coal-power plants
Indian power company NTPC is exploring the potential of deploying small modular reactors (SMRs) to replace ageing thermal power plants
India overtakes Germany in wind and solar power generation in 2024
India surpassed Germany in 2024 to become the world’s third-largest generator of electricity from wind and solar as output in the country nearly doubled over the five years to 2024, rising from 110 TWh to 215 TWh.
Singapore and Chile sign bilateral carbon market pact to advance global climate goals
Singapore has signed its fifth bilateral Implementation Agreement under Article 6 of the Paris Agreement, this time with Chile, establishing a framework for high-integrity carbon credit transfers that support both nations’ climate ambitions
Bank DBS Indonesia boosts ESG lending with sustainable trade and green infrastructure deals
Bank DBS Indonesia reported that 14.8% of its total financing from 2024 to early 2025 was channelled into Environmental, Social, and Governance (ESG) or Sustainable Business Activities (KKUB), as part of its growing green finance commitment
Colombia faces shortfall in power supply despite renewables expansion
Colombia is expanding its non-conventional renewables (NCRE) portfolio, but the pace remains insufficient to prevent a projected power generation gap by 2027.
Gas-powered convoy hits the docks in Brazil’s Port of Santos
Truck manufacturer Scania has sold 1,500 trucks powered by compressed natural gas (CNG) in Brazil since 2018 and expects to deliver 1,000 more in 2025, the company told Folha. The shift reflects growing interest in reducing fleet emissions.
Croatia allocates €1.6bn for social climate plan
Macquarie shelves sale of offshore wind developer Corio amid market headwinds
Macquarie has scrapped its plans to sell Corio Generation, one of the world’s largest offshore wind developers, due to a lack of buyer interest and challenging industry conditions.
Environmental NGOs flag up methane emissions in Croatia
Research by Greenpeace Croatia and the Clean Air Task Force released last week sought to expose Croatia as a leading EU emitter of methane emissions from oil and gas infrastructure.
Global clean electricity hits new high as solar power surges
The share of electricity generated from low-carbon sources worldwide surpassed 40% for the first time, according to a new report released by Ember, the London-based independent energy think-tank.
NOA Lithium Brines to commence water exploration campaign at Argentina's Rio Grande project
NOA Lithium Brines Inc. has announced the mobilisation of drilling equipment for its upcoming 2025 water exploration campaign at the flagship Rio Grande Project in Argentina's Salta Province.
UKRAINE REMONT: INTERVIEW – "Ukraine will boom once reconstruction starts" – EBRD Ukraine head
In an exclusive interview with bne IntelliNews, EBRD’s Ukraine head Arvid Tuerkner discusses the bank’s activities in Ukraine, and why he has great hopes for the country’s postwar recovery.
South Africa’s government approves renewable energy master plan
The South African Cabinet of Ministers has formally approved the country’s Renewable Energy Master Plan (SAREM) for implementation.
France signs €7bn deal to build integrated green hydrogen plant in Egypt’s Ras Shukeir
Egypt and France signed a cooperation agreement worth €7bn to develop, finance, build, and operate an integrated green hydrogen and derivatives production plant in Egypt’s Ras Shukeir area.
US tariffs threaten battery supply chain as Asia bears brunt of Trump’s trade escalation
Battery technology could be one of the major casualties of US President Donald Trump’s sweeping new “Liberation Day” tariff package. The measures, which impose across-the-board import taxes, disproportionately target Southeast and East Asia.
Sarytogan Graphite’s pilot milling tests point to production cost savings at Kazakhstan project
Sarytogan Graphite says pilot milling tests on a trial 10-tonne bulk sample from its deposit in central eastern Kazakhstan have confirmed the graphite ore is significantly softer than previously assumed, paving the way for notable production savings.
KazMunayGas and LanzaJet to develop Kazakhstan’s first sustainable aviation fuel plant
KazMunayGas-Aero has signed an agreement with American firm LanzaJet and Kazakh agro-industrial holding KazFoodProducts to develop a feasibility study for the construction of a sustainable aviation fuel (SAF) plant in Kazakhstan.
Mongolia backs Tuul water complex mega project to serve Ulaanbaatar
Tuul water complex, infrastructure serving capital Ulaanbaatar that will include a dam 685 metres in length and 35.8 metres in height, is being pursued as one of 24 mega projects backed by Mongolia’s government for the development of the city.
BP, Masdar, MVM and SOCAR outline new investments and supply strategies for Azerbaijan’s green and gas energy sectors
Azerbaijan hosted a high-level energy conference in Baku on April 7 titled “Innovative pathways to a greener future: renewable energy and emissions reduction.”
Romania’s Prime Batteries to build 72-MWh power storage facility for Hidroelectrica
Romanian energy firm Hidroelectrica SA has awarded a RON80mn (€16.1mn) contract, excluding VAT, to a domestic consortium to build a lithium-ion battery storage facility at its Crucea wind farm.
Indonesia’s mega bioethanol plan sparks global alarm over massive deforestation and indigenous displacement
Indonesia’s ambitious plan to clear forests equal in size to Belgium for food and bioethanol production is drawing global scrutiny over its potential environmental and human toll
Colombia's Ecopetrol and Latam Airlines forge alliance to advance sustainable aviation
Ecopetrol and Latam Airlines Colombia have initiated a strategic partnership to propel the nation's aviation sector towards sustainability.
Indonesia to boost clean energy in Maluku with 40 MW geothermal initiative
Indonesia’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, has directed the state-owned utility PT PLN to fast-track the development of a 40 Megawatt (MW) geothermal power facility in Maluku
Slovenia’s Plinovodi signs deal to launch hydrogen consortium SloH2U with 50 companies
Slovenia’s gas transmission system operator, Plinovodi celebrated its 20th anniversary with the official launch of the SloH2U consortium – a major new hydrogen initiative uniting over 50 Slovenian industrial companies.
Uzbekistan, Kazakhstan and Azerbaijan join forces with ADB and AIIB for Caspian green energy corridor
KMG teams up with LanzaJet to assess Kazakh SAF project
Kazakhstan’s national oil company KazMunayGas has signed an agreement with US firm LanzaJet and agricultural holding KazFoodProducts to develop a feasibility study for a sustainable aviation fuel production facility.
France explores renewable energy investment in Chernobyl Exclusion Zone
France is considering investing in renewable energy projects within the Chernobyl Exclusion Zone, as part of broader efforts to support Ukraine’s reconstruction and energy security.
Ukraine expands wind energy capacity with new project in Kirovohrad region
Ukrainian energy company Energy Trade Group has begun construction of a 93-megawatt (MW) wind farm in the central Kirovohrad region.
Russia to capitalise on Africa’s growing energy demand
Russia has been intensifying its efforts to strengthen energy partnerships with African countries, indicating a broader strategy to enhance its geopolitical influence across the continent.
Solar company Solek files for reorganisation, threatening Chilean business
Czech solar energy company Solek filed for reorganisation after a Prague City Court initiated insolvency proceedings against it, thereby threatening the company's Chilean operations.
China’s BYD ships thousands of EVs to Turkey on giant vehicle carrier
Company also pushing forward with production plant investment in return for which it won Turkish tariff exemptions.
Globally electricity and heating produce the most emissions, but for some countries transport emits more, reports OWID
Globally, electricity and heating remain the largest sources of carbon emissions, but in some countries transport has overtaken them.
Brazilian renewable energy cutbacks cost sector over $315mn in 2024
Brazil wasted substantial renewable energy resources through generation restrictions in 2024, resulting in losses exceeding BRL1.8bn ($315mn) for generators, according to investment manager Equus Capital
Azerbaijan boosts istrategic energy posture with EU as South Gas Corridor and Green Energy Summits conclude in Baku
The meetings featured broad participation from officials representing Azerbaijan, the European Union, Central Asia and Southeast Europe.
Australia unveils $1.4bn battery subsidy to cut energy costs ahead of election
Australian Prime Minister Anthony Albanese has unveiled a AUS2.3bn ($1.4bn) initiative aimed at reducing electricity costs for households through substantial discounts on home battery installations
Geothermal exploration plan in South Sumatra rejected by residents
A proposed geothermal exploration project in Tanjung Sakti District, Lahat Regency, South Sumatra, has been rejected by the local community, citing environmental, social, and economic concerns
India, UAE sign pact to turn Sri Lanka's Trincomalee into energy hub
India, Sri Lanka and the United Arab Emirates signed a tripartite agreement on April 5 to jointly develop Trincomalee, located in eastern Sri Lanka, into an “energy hub”
India's L&T sets up subsidiary to develop green hydrogen projects
L&T Energy Green Tech Limited, a wholly owned subsidiary of Mumbai-based Larsen & Toubro Limited, has incorporated a new step-down subsidiary named L&T Green Energy Kandla Private Limited (LTGEK) to develop green hydrogen projects
Saudi ACWA Power begins full commercial operation of two wind plants in Uzbekistan
Saudi Arabian power and water desalination company ACWA Power has begun commercial operation of two wind power plants in Uzbekistan with a total capacity of 1,000 megawatts.
Alcazar’s Montenegrin unit asks for eco approval for 118.8-MW Bijela wind park
Montenegro's Environmental Protection Agency said that the local unit of Luxembourg-based renewable energy investor Alcazar Energy, Vjetro Park Bijela, has filed a request for approval of the environmental impact assessment study.
Azerbaijan, Bulgaria, Georgia, Turkey to cooperate on green energy exports
Azerbaijan, Bulgaria, Georgia and Turkey will join forces to export and sell green energy, the Bulgarian Ministry of Energy said in a statement on April 4.
EU joins ‘Klondike’ rush for Central Asia critical minerals as bloc and region upgrade relations
Kazakhstan boasts 19 out of 34 types of critical raw materials seen as essential to EU economy, while the five 'stans' have 40% of the world’s reserves of manganese.
Indian EPC company L&T’s expanding footprint in the global energy space
Mumbai-based engineering company Larsen & Toubro Limited has, over recent years, established itself as a major player in the global energy EPC market.
Romanian geothermal expert Green Tech International has dual listing in sight after Bucharest IPO
Company aims to triple its active geothermal capacity, double installed capacity to 1 GWt by 2028 and expand into downstream business lines, COO Dragoș Gavriluță tells bne IntelliNews.
Unusually intense heatwave hit Central Asia in March, may impact crop yields
Scientists estimate human-induced climate change made extreme heat about 4 °C hotter and about three times more likely.
Negowind Energy to build 300-MW wind farm in eastern Serbia
Negowind Energy, a Belgrade-based investor, is set to construct a 300-MW wind farm in the municipality of Negotin, located in the country's north-eastern region.
Potentia Energy secures majority stake in 1-GW Australian renewable portfolio
Potentia Energy, a joint venture between Italy’s Enel Green Power and Japan’s Inpex Corp, has finalised the acquisition of a controlling interest in a renewable energy portfolio exceeding 1 GW across Australia
Spanish Surus to auction 90 vestas wind turbines in Colombia
Surus, a Spanish firm specialising in industrial asset management, is set to auction 90 Vestas V162-5.6 MW wind turbines originally procured by EDP Renewables (EDPR) for projects in La Guajira, Colombia
Colombia's Ecopetrol to invest up to $700mn in sustainable aviation fuel plant
Colombia's state-owned energy firm, Ecopetrol, intends to allocate between $500mn and $700mn for the construction of a Sustainable Aviation Fuel production facility at its Barrancabermeja refinery.
Rare earths top agenda at first ever Central Asia-EU summit
In aspiring for a strategic partnership with the region, Brussels has one eye firmly fixed on deposits of critical minerals.
Construction set to get under way on waste-to-energy plant to serve Bishkek
The Kyrgyz government and private Chinese company Hunan Junxin Environment Protection Limited on March 29 laid a capsule for the construction of a $95mn waste processing plant in Kyrgyzstan’s capital, Bishkek.
Arctic warming accelerates to seven times the global average, catastrophic damage “locked in”
The Arctic experienced record high temperatures this winter as warming accelerated again and is now running seven times faster in the North Barents Sea than the rest of the world, researchers have found. Catastrophic damage is now "locked in."
Coal-based electricity generation down to 74% in South Africa in January as renewables sector grows
South Africa's government has commended a decrease in coal-based electricity production and improved renewables contribution in January, saying that, if sustained, the trend could reduce the nation's carbon emissions.
Nigeria to ban solar panel imports amid push for local manufacturing
Nigeria has announced plans to ban the importation of solar panels in a move aimed at strengthening domestic manufacturing and advancing the country’s clean energy transition.
EBRD to substantially increase funding to Ukraine's energy sector
The European Bank for Reconstruction and Development will provide €1bn to support Ukraine’s energy sector in 2025, EBRD vice president Matteo Patrone told reporters in Kyiv .
EBRD to invest €1bn in Ukraine’s energy sector in 2025
The EBRD plans to invest €1bn in Ukraine’s energy sector this year, bringing its total investment in the country to €3bn by the end of 2025.
Kazakhstan announces discovery of rare earth metals deposit containing over 20mn tonnes
Kazakhstan has announced the discovery of a substantial rare earth metals deposit, estimated to contain over 20mn tonnes, at the Zhana Kazakhstan site.
PowerChina completes Southeast Asia’s largest floating solar plant in Indonesia
Power Construction Corporation of China (PowerChina) has completed the Cirata floating photovoltaic power plant in Indonesia, marking the largest installation of its kind in Southeast Asia.
India's energy consumption and renewable capacity surge in FY2023-24
ndia’s National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation, has released its annual publication, Energy Statistics India 2025.
Philippines secures $800mn World Bank loan for clean energy shift
The Philippines has secured an $800mn loan from the World Bank to accelerate its transition to renewable energy. The funding aims to expand clean power initiatives, improve electricity supply, and foster market competition.
Equinix secures solar energy supply in Japan through Trinasolar deal
Equinix Inc, a leading digital infrastructure company, has finalised its inaugural power purchase agreement (PPA) in Japan, securing a renewable energy supply from a subsidiary of Chinese photovoltaic (PV) and energy storage provider, Trina Solar Co.
Japan’s largest wind park begins operations in Fukushima
Fukushima Fukko Furyoku LLC, a Japanese joint venture, has officially completed and activated a 147-MW wind power facility in Fukushima Prefecture, marking the largest wind park currently in operation across Japan.
Japan sets out ambitious solar energy strategy for 2050 carbon neutrality
Japan’s New Energy and Industrial Technology Development Organisation (NEDO) has unveiled a comprehensive strategy to accelerate solar energy adoption and drive technological innovation, aiming for carbon neutrality by 2050.
Sembcorp strikes 25-year deal to power Meta’s Singapore data centre with floating solar
Singapore-based renewable energy firm Sembcorp has inked a 25-year agreement with Meta subsidiary Malkoha Pte to develop and operate a 150MW floating solar project
Belgium, Vietnam to deepen cooperation on renewable energy, infrastructure
Belgian King Philippe has expressed strong interest in expanding Belgium’s role in Vietnam’s renewable energy and energy infrastructure projects during talks with Vietnamese State President Luong Cuong on April 1.
Russia ready to assist Vietnam in nuclear power development, says foreign minister
Russia’s state nuclear corporation Rosatom is prepared to participate in the construction of Vietnam’s Ninh Thuan 1 nuclear power plant, Russian Foreign Minister Sergey Lavrov said on April 3.
India-Thailand renewable energy ties in focus as Modi heads to BIMSTEC Summit
Indian Prime Minister Narendra Modi will visit Thailand from April 3-4 to attend the 6th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit.
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