REM - Renewable Energy
Iranian investors deterred by red tape, lack of incentives from developing renewables
Iran’s efforts to drum up investment in renewable energy have backfired, a survey has found, blaming bureaucratic hurdles and a lack of financial incentives for driving investors away from the sector.
DTEK to build 500 MW of energy storage capacity as Ukraine targets power resilience
DTEK Renewables, a subsidiary of Ukraine’s largest private energy group, has announced plans to develop energy storage facilities (ESF) with a total capacity of up to 500 megawatts.
Enel Chile announces significant divideds amid rising renewable operations
Enel Chile S.A. has declared a significant dividend distribution following approval from its Ordinary Shareholders' Meeting, confirming plans to distribute a final dividend of CLP 72,556,076,401.
Biofuel production needs $1bn investment, says Wood Mackenzie director
Increasing the production of biofuels will require investment of around $1bn, according to Ian Simm, director at Wood Mackenzie, who spoke at the Caspian and Central Asia Oil trading and logistics forum in Baku last week.
Spanish blackout caused by extreme weather and a major renewables failure for the first time
A widespread blackout that plunged Spain, Portugal, Andorra and parts of southern France into darkness this week was caused by extreme weather events that saw the renewable power system collapse, as now the third disaster starts.
Fortum has no intention to return to Russia
Renewable energy major Fortum has no intention to return to Russia, the company said in its 1Q25 interim financial report.
Israel faces major wildfires in Jerusalem hills as authorities evacuate villages
Multiple wildfires are spreading rapidly through the Jerusalem hills area, forcing evacuations, closing major highways, and prompting Israel to request international firefighting assistance.
Iraq facing worst drought in history as water resources dwindle and climate crisis intensifies
Iraq is facing what officials are calling the "worst drought in its history," as water resources continue to dwindle and agricultural land deteriorates across the country, threatening both human security and economic stability.
Caspian Sea may become next Aral, but who is to blame?
Some forecasting even indicates the decline of the body of water could pose a threat to the shipping section of the rapidly expanding Middle Corridor transit route.
Output of Romania’s Hidroelectrica down 38% y/y in Q1
Romania’s state-controlled energy producer Hidroelectrica (BVB: H2O) reported a 38% year-on-year drop in gross electricity output in the first quarter of 2025, to 2,735 GWh.
France’s Engie buys 54 MW ready-to-build wind project in eastern Romania
The Romanian subsidiary of the French utility group Engie announced that it has completed the acquisition of a 54 MW ready-to-build wind project in Mereni, Constanța County.
Enevo-led consortium delivers 69 MW solar park to Danish Eurowind in central Romania
A Romanian-led engineering consortium headed by Enevo Group has completed and delivered a 69 MW solar park to Danish renewable energy developer Eurowind in Teiuș, Alba County, central Romania.
Chipping point – the climate toll of AI chip-making in East Asia
The meteoric rise of AI is sparking a parallel and largely overlooked environmental challenge: the significant climate impact of chip manufacturing, particularly in East Asia, says a new report from Greenpeace.
Taiwan approves over $414mn in semiconductor and green energy investments
Taiwan’s Ministry of Economic Affairs (MOEA) has approved six major investment cases totalling more than TWD13bn ($414mn), signalling strong momentum in the semiconductor and renewable energy sectors
Taiwan assures sufficient power supply until 2032 amid nuclear plant closure
Taiwan's Premier Cho Jung-tai has reassured both domestic and international audiences that the country’s power generation will remain sufficient until at least 2032.
Indian power ministry outlines nuclear roadmap to boost clean energy targets
India’s Ministry of Power, under the chairmanship of Manohar Lal, Union Minister for Power and Housing & Urban Affairs, on April 28 deliberated on ways to achieve the target of 100 GW nuclear power capacity by 2047.
Solar surge slows in Brazil
Brazil surpassed 3.4mn solar energy systems connected to the grid in March, with residential users accounting for 81% of new installations, according to data from the National Electric Energy Agency (Aneel) compiled by Solfácil.
Colombia's Celsia's debut wind farm nears completion in northern zone
Celsia, is entering the final construction phase of its inaugural wind power generation facility in Colombia, with the Carreto wind farm approaching operational status in the Atlantic department.
First concrete pour for Uzbek nuclear plant project expected within year, says Rosatom CEO
The initial concrete should be poured for Uzbekistan’s first nuclear power plant (NPP) within a year, according to Alexey Likhachev, CEO of Russian state nuclear corporation Rosatom.
Ugandan officials warn Isimba Dam at risk of catastrophic failure over unresolved defects
Uganda’s national power generation company has warned that the $568mn Isimba hydropower plant faces a major safety threat due to unresolved structural defects in its spillway.
Thunderstorm headed for Tehran in Iran
Kazakhstan to build new oil-handling terminal at Caspian port
Kazakhstan is set to begin construction of a new oil-handling terminal at the Caspian Sea port of Kuryk this year, with longer-term plans to develop infrastructure for green hydrogen exports.
Chinese LONGi plans to build solar panel facility in Algeria
Chinese solar module manufacturer LONGi Green Energy Technology announced plans to establish a partnership project for manufacturing solar panels in Algeria.
GWEC report highlights growing role of private offtaker market in South Africa’s wind sector
The Global Wind Report 2025 identifies South Africa as a leader in renewable energy deployment on the continent, with approximately 30% of Africa’s installed wind energy capacity.
Brunei advances carbon accounting to tap peatland potential and climate finance
Brunei Darussalam is intensifying efforts to protect its vast peatland ecosystems as part of broader climate and biodiversity goals, Acting Forestry Director Reni bin Haji Yahya said at the ASEAN Training on Forest Carbon Accounting
China and EU step up climate leadership as Trump left out of pre-COP30 talks
Leaders of more than a dozen countries, including China’s President Xi Jinping and European Commission President Ursula von der Leyen, gathered virtually last week for high-level climate talks ahead of the Brazilian COP30.
NTPC Green Energy, Honeywell to explore sustainable aviation fuel production in India
NTPC Green Energy and US-based Honeywell have signed a memorandum of understanding to collaborate on the production of sustainable aviation fuel (SAF) in India, NTPC Green Energy announced in a press release.
India's Reliance Industries commissions first solar panel manufacturing line
Reliance Industries has commissioned its first solar panel manufacturing line, marking a key milestone in its ambitious new energy business, the Mumbai-based conglomerate said in an investor presentation.
Malaysian Aizo Group secures power purchase agreement with Tenaga for 99.99-MW solar project
Aizo Group Bhd (KL:AIZO), formerly known as Minetech Resources Bhd, has signed a power purchase agreement (PPA) with Tenaga Nasional Bhd (KL:TENAGA) for a major 99.99MWac solar power project in Kampar, Perak
Sumitomo Mitsui Construction launches first floating solar plant in Japan under FIP scheme
Sumitomo Mitsui Construction revealed that it had completed construction of its first floating solar power plant operating under the feed-in-premium (FIP), with commercial operations set to commence on May 1 2025.
North Macedonia's electricity generation drops y/y in February
North Macedonia’s gross electricity generation fell by 5.5% year-on-year to 570.5 GWh in February 2025.
Guatemala launches major power generation expansion plan worth up to $5bn
Guatemala's Ministry of Energy and Mines and the National Electric Energy Commission (CNEE) have officially launched the Power Generation System Expansion Plan, designated as tender PEG-05-2025.
Iran races to erect solar panels on public buildings amid power crunch
Iran’s energy minister said his ministry was “doing its utmost” to speed up the installation of solar panels in government offices, as President Masoud Pezeshkian pushes ahead with a plan to cut off all of them from the national grid.
OKKO Group to launch €110mn bioethanol plant in Ukraine by 2026
Ukraine’s OKKO Group plans to launch a €110mn bioethanol plant by the third quarter of 2026, as the country positions itself to expand exports to Europe amid potential shifts in global supply
US-Taiwanese universities team up on geothermal in Taiwan
Taiwan’s geothermal industry remains at a relatively early stage. Experts believe that international collaboration will help to accelerate the development of deep geothermal energy as a vital baseload power source.
Moldova expands renewable energy capacity by 78 MW in Q1 2025
The Republic of Moldova increased its renewable energy generation capacity by 77.75 MW in the first quarter of 2025, reaching a total of 657.15 MW, the Energy Ministry announced on April 25.
Vietnam’s new merged province targets clean energy hub status
Vietnam’s Khanh Hoa and Ninh Thuan provinces will merge under a government plan aimed at creating a national hub for renewable energy, the marine economy and high-end coastal tourism, officials said.
HYCO1 and Malaysia LNG partner on 1 mtpa carbon capture project in Sarawak
HYCO1, Inc. and Malaysia LNG Sdn. Bhd. (MLNG) have entered into a Memorandum of Understanding (MOU) to explore the potential utilisation and conversion of 1mn tonnes per annum (mtpa) of carbon dioxide (CO₂)
Iran’s Qom province undertaking major solar projects to ease power shortages
Iran is setting up a string of solar farms in the central Qom province with a combined capacity of 2,600 MW per day, a local official said, as the country struggles to head off chronic electricity shortages.
Ukraine eyes opportunity to boost bioethanol exports to Europe amid US-EU trade tensions
Ukraine could expand its bioethanol exports to Europe if trade tensions between the United States and the EU escalate.
Chinese firm to set up large solar farm in southern Iran
A Chinese company plans to invest in building a solar farm with a daily generation capacity of 300 megawatts (MW) in Iran’s southern Bushehr province, a local official said.
Slovenia’s Eles forecasts €5.15bn investment in electricity network by 2034
Slovenia’s electricity operator Eles has forecast that €5.15bn will need to be invested in the country’s transmission and distribution networks by 2034, in response to the increased electrification expected during the green transition.
Will quiet Sino-Russian stranglehold damn West’s moves to source more uranium from Kazakhstan?
Brief halt at Kazakh-Canadian producer sparks investor concern and suspicion over Moscow factor.
South Africa’s new Department of Electricity and Energy outlines 2025-2030 targets
South Africa’s Department of Electricity and Energy, now separated from the Department of Mineral and Petroleum Resources, has outlined its targets for the deployment of renewables and transmission grid expansion.
Chile's Codelco completes tender for renewable energy supply
Chile's state-owned National Copper Corporation (Codelco) has announced the completion of a public tender for long-term renewable energy supply, advancing its goal of operating with a completely clean electricity matrix by 2030, reported pv magazine.
Colombia overhauls electrical code to power electric mobility ambitions
Colombia has revised its technical standards for electrical systems and lighting infrastructure as part of a broader push to accelerate its electric mobility agenda.
BERTRAND: China now accounts for 64% of world’s renewable energy output
According to the latest report by the International Renewable Energy Agency (IRENA), an extraordinary 64% – nearly two-thirds – of all renewable energy capacity added globally in 2024 was installed in China.
Azerbaijan and China sign major renewable energy deals
Baku is accelerating its partnerships with major Chinese energy firms in developing large-scale renewable infrastructure, including offshore wind, floating solar and battery storage projects.
South Africa’s power utility Eskom seeks assistance in establishing its renewable energy business
South Africa’s national power utility Eskom has issued an invitation to tender for renewable energy companies to assist in accelerating the establishment of its separate renewable energy business as a new independent subsidiary of Eskom.
Vietnam defines safety zones in preparation for Ninh Thuan nuclear plant construction
Vietnam’s Ninh Thuan province is working with central ministries to determine safe distances between residential areas and two planned nuclear power plants, as the country revives its atomic energy ambitions, provincial authorities said.
Toyo Ventures hit by Malaysian EXIM Bank withdrawal amid Vietnam power project dispute
Toyo Ventures Holdings Bhd is facing another setback in its embattled Vietnam power plant venture as the Export-Import Bank of Malaysia (EXIM Bank) moves to terminate its role as the exclusive lead arranger for project financing
Indonesia rejects Thorcon’s nuclear plant site evaluation over technical deficiencies
Indonesia’s Nuclear Energy Regulatory Agency (Bapeten) has rejected key documentation submitted by PT Thorcon Power Indonesia (TPI) for its planned molten salt reactor (MSR) nuclear power plant on Kelasa Island, citing unmet technical standards
Cambodia’s clean energy drive may squeeze informal fuel sellers
Cambodia’s push for clean energy and electric vehicle (EV) adoption may impact informal workers relying on gasoline sales, vendors say.
BPCL and GPS Renewables set up joint venture to develop compressed biogas plants in India
Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have entered into a joint venture to develop compressed biogas (CBG) plants across India, BPCL announced in a press release.
Sanyo denki moves to 100% green energy in the Philippines through first gen partnership
Japanese firm Sanyo Denki Co. Ltd. has partnered with First Gen Corporation, a key player in clean energy in the Philippines, to fully power its Philippine operations with renewable energy, reported Philippines News Agency.
Bulgaria’s constitutional court bans renewable projects on agricultural land
Bulgaria’s constitutional court decided to declare for partly unconstitutional regulations that would allow easier construction of renewable energy projects on agricultural land, Lex.bg news portal reported.
Energy tops Brazil China talks
Brazil and China used the Summit Valor Brazil-China 2025 in Shanghai to reaffirm bilateral cooperation in trade, investment and energy, with a focus on renewables and global economic uncertainty.
Kazakh environmental prosecutor fines Karachaganak operator for breaching emissions limits
Karachaganak Petroleum Operating (KPO), the international consortium developing Kazakhstan’s Karachaganak oil field, has been fined nearly $1.4mn by a specialised environmental prosecutor’s office for breaching emission limits.
ExxonMobil, Calpine sign CO2 transportation and storage agreement
ExxonMobil has struck a deal with electricity producer Calpine to transport and permanently store up to 2mn tonnes per year of carbon dioxide from a cogeneration facility in Texas.
Incoming German government compromises on carbon offsets to boost flagging economy
Germany’s incoming government has conditionally endorsed the European Union’s proposed 2040 climate goal and backed the EC's recommended 90% emissions reduction target but only if international carbon offsets and carbon removals are permitted.
Pakistan's headline-making 22 GW of solar panel imports
This development occurred with limited state intervention. The government, however, played a crucial role in facilitating adoption by removing import tariffs, approving net metering policies and allowing market dynamics to lead the transition.
Osaka Gas and GPSS to develop additional 7MW of solar energy projects by 2026
Osaka Gas and GPSS Holdings are intensifying their collaboration in Japan’s renewable energy space, committing to jointly develop further solar initiatives.
Indonesia finalises 2025–2034 power development plan, prioritises renewable energy
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has finalised the country’s 2025–2034 Electricity Supply Business Plan (RUPTL), aligning it with the long-term National Electricity General Plan (RUKN) through 2060
India moves to cut reliance on Chinese solar modules and PV cells
India has taken significant strides when it comes to reducing import dependency for solar modules and PV cells, which is a result of expanding domestic manufacturing capabilities.
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