REM - Renewable Energy
Croatia’s INA produces first sustainable aviation fuel at Rijeka refinery
Croatian energy company INA has produced sustainable aviation fuel for the first time at its Rijeka Oil Refinery as part of its efforts to reduce carbon emissions and comply with EU renewable energy targets.
Alcazar Energy launches $500mn wind park project in North Macedonia
Renewable energy company Alcazar Energy has officially launched construction of a $500mn (€430mn) wind park in the eastern North Macedonia’s town of Stip on July 16, marking one of the largest single energy investments in the country.
EBRD to extend €25mn loan to Turkey’s Burgan Bank under Green Economy Financing Facility II
The European Bank for Reconstruction and Development (EBRD) is to extend a €25mn loan to Burgan Bank Turkey, according to a statement from the multilateral development bank.
Nicaragua generates 73% of electricity from renewable sources
Nicaragua produces 73% of its electricity through renewable sources, with plans to add nearly 400 megawatts of solar energy over the next two years, Energy and Mines Ministry Executive Vice-President Horacio Guerra announced on July 11
India hits 50% non-fossil fuel electricity capacity five years ahead of target
India has reached a major milestone in its energy transition journey, achieving 50% of its installed electricity capacity from non-fossil fuel sources, five years ahead of its Nationally Determined Contributions target under the Paris Agreement
Argentina faces renewable sector crisis due to inefficient equipment, GlobalData claims
Argentina's power generation sector faces critical challenges with outdated and inefficient equipment, according to a new GlobalData report.
Oxford study warns countries betting too heavily on carbon removal to hit climate goals
A new analysis by researchers at the University of Oxford raises red flags over the widespread dependence on carbon dioxide removal in national climate strategies.
Ukraine targets $2bn investment in critical materials and green technology projects
Ukraine plans to attract more than $2bn in investment over the next five years to develop its critical raw materials sector and green technologies.
Four catastrophic rainstorms hit US in one week
In a span of just six days, the United States endured four separate rainstorms of exceptional magnitude – each considered so statistically rare that their occurrence in a single week has left scientists deeply concerned.
Kazatomprom signs uranium supply agreement with Slovakia’s largest power producer
Kazakhstan’s national nuclear company Kazatomprom has signed a memorandum of understanding with Slovenske elektrarne a.s. (SEAS), Slovakia’s largest electricity producer, to explore future uranium exports.
PAG renewables to build 80MWDC solar farm on unused golf course in Iwate
PAG Renewables has initiated the environmental review for a planned solar installation in Iwate Town, Iwate Prefecture, with a projected capacity of up to 50MWAC/80MWDCad
Experts warn of sharp rise in heat-related deaths in England and Wales by 2070s
Climate scientists have projected a dramatic surge in deaths caused by extreme heat in England and Wales within the next five decades, potentially exceeding 30,000 annually by the 2070s.
Pakistan to cut solar buyback tariffs
Pakistan's government plans to significantly reduce buyback tariffs for net-metered solar power, aiming to save an estimated PKR4.3 trillion ($15.1 bn) over the next decade
Cuba solar parks generate record 503 MW as island battles energy crisis
Cuba's photovoltaic installations achieved a milestone output of 503 MW on July 12, marking the first time the Caribbean island's solar capacity surpassed half a gigawatt.
Tech-backed coalition to help fund carbon removal start-ups
A technology-focused climate initiative with funding from major companies including Google, Meta – owner of Facebook – Stripe and Shopify is allocating $1.7mn toward carbon removal efforts.
Google signs $3bn US hydropower deal in largest transaction of its kind
Google has announced plans to purchase up to 3 GW of US-based hydropower in what is now the globe’s most extensive corporate agreement focused on hydroelectric energy.
Uzbekistan, Hungary plan joint venture to manufacture dry cooling systems for nuclear plant
Guyana's off-grid solar programme reaches 4.8 MW capacity
Guyana's off-grid solar programme has delivered 4.8 MW of photovoltaic capacity across remote communities, government figures show
Uzbekistan sets course for carbon credit exports
Japan’s Marubeni plans further energy investments in Vietnam
Marubeni Corporation, one of Japan’s largest conglomerates with an 80-year presence in Vietnam, has announced its intention to expand operations in the country through new investments in gas and renewable energy.
Chinese industrial strategy achieving Brazilian markets dominance
A decade-old government initiative has transformed Brazil's transport, energy and technology landscape. Yet this blueprint originated 16,000 kilometres from Brasília, bearing the distinctive title "Made in China 2025".
Colombia's Ecopetrol partners with Aerocivil to advance sustainable aviation fuel initiative
Colombian state oil company Ecopetrol and the country's Civil Aviation Authority have established a strategic alliance to develop sustainable aviation fuel capabilities.
India plans to convert 10 thermal sites into nuclear plants to boost clean energy
The Indian government has identified 10 old or retired thermal power sites for conversion into nuclear power units
Colombia's Ecopetrol targets clean energy expansion
Colombia's state-controlled oil company Ecopetrol has initiated a geothermal exploration project in Nariño province, targeting 80 MW of clean energy capacity as part of its broader diversification strategy.
Juniper Green Energy fully commissions 217-MWp solar project in India's Maharashtra
Juniper Green Energy has fully commissioned its 217-MWp solar project in Chapalgaon, Maharashtra, following the addition of 71-MWp capacity
Philippines launches $40.5mn solar farm to power Iloilo with clean energy
Jin Navitas Solaris has begun construction of a PHP2.37bn ($40.5mn) solar plant in Iloilo. The Ajuy-1 facility will supply 62MW of clean energy to Panay Island via the Sara–Panit 69kV line, according to the Department of Energy.
UK supports major offshore wind project in Taiwan with $159mn backing
The UK has committed $159mn to support a major offshore wind project in Taiwan, strengthening both global decarbonisation efforts and British export prospects.
Zambian IPP Copperbelt Energy Corp. to add 800 MW of solar capacity over next 30 months
Bulgaria’s SUNOTEC to invest €245mn in 400 MWp PV solar plant in Latvia
Bulgarian renewable energy development and construction company SUNOTEC said it has acquired 100% of the share capital in SIA DSE Lazas Solar from Danish greenfield developer Danish Sun Energy ApS to build a 400-MWp solar power plant.
Ukraine prepares to launch major energy storage project and graphite plant with international backing
Ukraine is nearing the launch of one of Eastern Europe’s largest energy storage systems as part of its ongoing efforts to strengthen domestic energy resilience amid continued wartime challenges.
Brazil pushes to expand oil output despite net-zero pledge
Brazil is moving to expand crude oil output without raising net emissions from the sector, as it seeks to support its climate credentials ahead of the COP30 summit.
Saudi Arabia's Reef programme graduates first 20 agritourism and rural development projects
Iran's Khorasan forests burn for third time as climate crisis intensifies
Wildfires have ravaged North Khorasan province's forests for the third time in recent months, burning 25 hectares of natural areas in Haver region as climate change makes such extreme events increasingly common across Iran.
Egypt signs contract to build 3MW solar power plant in Djibouti
Egypt’s Arab Renewable Energy Authority, affiliated with the Arab Organisation for Industrialisation (AOI), and the New and Renewable Energy Authority (NREA) signed a contract on July 13 to implement a solar power generation project in Djibouti.
Iraq plans ten new dams as "El Niño" worsens water crisis
Iraq's water resources Minister Awn Dhiab Abdullah said that “El Niño's negative impact” on Iraq is increasing, with 12 provinces now relying exclusively on groundwater.
Kenya strikes viable 22-MW geothermal well at Silali field
Kenya’s Geothermal Development Company, a state-owned firm responsible for steam resource exploration, has struck a viable geothermal well at the Silali field capable of discharging 22 MW of steam.
Hungary, Slovakia close to deal on Gabčíkovo-Nagymaros HPP, Hungarian energy minister confirms
Neighbouring countries agree to settle decades-long dispute over joint dam project.
Saudi Arabia signs $8.3bn renewable energy deals with ACWA Power consortium
Saudi Arabia signed power purchase agreements worth $8.3bn for seven renewable energy projects with a total capacity of 15 GW on July 13.
No delays in BYD’s planned $1bn investment in Turkey, say sources
There are no delays in Chinese new energy vehicle (NEV) giant BYD’s planned $1bn investment in Turkey, sources told Turkish TV channel CNBC-e.
Montenegro launches first renewable energy auction
Montenegro’s Energy and Mining Ministry has launched the country’s first renewable energy auction backed by the European Bank for Reconstruction and Development.
Melting icecaps will cause more and bigger volcanic eruptions, study shows
As the weight of melting ice is lifted off volcanos, eruptions will become more common and more violent, according to a new study of volcanos in Chile’s Patagonia region.
Iran launches major industrial-built solar plant in Isfahan
Iran brought online a large solar farm with a daily generation capacity of 120 megawatts (MW) in the central province of Isfahan, as part of a push to expand renewable energy and ease chronic electricity shortages.
Chinese group SANY Silicon Energy launches construction of 10-MW solar farm in Zimbabwe
SANY Silicon Energy (SANY), a Chinese company, has started building a 10-megawatt (MW) solar power plant in Zimbabwe, its first in the southern African nation.
Global warming may create a "permanent El Nino", changing the world's weather patterns
Scientists are warning that global warming is disrupting the natural rhythm of the El Niño–Southern Oscillation (ENSO), potentially creating the conditions for a “permanent El Niño”-like climate state, with significant weather consequences.
Raw lithium smuggling from Zimbabwe persists despite 2022 ban
Smuggling of raw lithium from Zimbabwe to China is still rampant despite a ban announced three years ago, a Global Press Journal investigation finds.
Climate change devastates global cocoa supplies as prices remain high
Cocoa prices have surged to unprecedented levels as climate change wreaks havoc on West African crops.
Syria battles major wildfires as UN allocates $625,000 for emergency response
Syrian firefighting crews extinguished two major forest fires in Hama countryside whilst continuing to battle devastating wildfires in Latakia province for the ninth consecutive day.
Poland targets 5bn cubic metres in annual biogas output by 2035, says BGK
The report noted that the EU’s REPowerEU initiative aims to replace part of the bloc’s Russian gas imports with biomethane. While Poland currently operates only one biomethane facility, 30 additional plants are under development.
India’s solar capacity surges 4,000% in a decade
India’s installed solar capacity has surged by an unprecedented 4,000% over the past decade, taking the country’s total renewable energy capacity to 227 GW, Commerce and Industry Minister Piyush Goyal said
Sapporo real estate commits to long-term rooftop solar energy deal in Fukuoka
Sapporo Real Estate has entered into a 20-year virtual power purchase agreement (PPA) to secure non-fossil certificates (NFCs) from a 2MWAC rooftop solar facility developed by Ricoh Lease.
Taiwan accelerates shift from coal as Hsinta power plant enters operation
The Hsinta power plant in southern Taiwan is now online, delivering 1.3GW to the grid. Developed by Taiwan Power Company, it marks a key step in replacing coal with cleaner gas as part of the country's broader energy transition.
India set to reach 50% renewable energy capacity milestone by year-end
The share of renewable energy in India’s total installed power capacity has reached nearly half and is expected to hit the 50% mark by the end of this year
Indonesian business leader urges nuclear energy ties with Canada and South Korea over geopolitical concerns
A senior executive at Indonesia’s Chamber of Commerce and Industry (Kadin) has called on the government to prioritise nuclear energy cooperation with Canada and South Korea, citing geopolitical stability and technological reliability over traditional
India reclassifies bonds for green energy funding
India’s Central Board of Direct Taxes has classified bonds issued by the Indian Renewable Energy Development Agency as ‘long-term specified assets’ under Section 54EC of the Income-tax Act
North Macedonia signs €1bn memo with Turkey’s Kazancı Group for cogeneration gas plants
North Macedonia’s government has approved a €1bn memorandum of cooperation with Turkish energy giant Kazancı Group for the construction of cogeneration gas power plants.
Biogas, biomethane can meet 8% of Turkey’s gas needs, experts say
Biogas and biomethane derived from organic waste could meet approximately 8% of Turkey’s annual natural gas demand, according to experts.
Kiribati must slash spending to fund climate defences, IMF warns
Kiribati faces mounting pressure to implement drastic fiscal cuts to fund desperately needed climate adaptation measures.
Scientists find ocean and atmosphere equally responsible for Atlantic cold blob
A patch of the Atlantic Ocean just south of Greenland is cooling while much of the world warms, and scientists have found that both ocean and atmospheric factors contribute equally to this "cold blob" phenomenon.
Renewable energy surge puts Latin America on track for climate leadership
Latin America stands at a critical juncture in its energy evolution, with its largest economies showing both remarkable progress in renewable adoption and persistent challenges in weaning themselves off fossil fuels.
US GameChange Solar secures 1.25GW tracker contract for Egypt’s Abydos II project
US-based solar technology firm GameChange Solar has won a contract to supply 1.25 GW of its Genius Tracker 1P Single Row systems for Egypt’s Abydos II solar-plus-storage project.
Egypt and Russia sign supplementary agreements to advance El-Dabaa nuclear plant
Egypt and Russia have signed a supplementary intergovernmental agreement to push forward the El-Dabaa nuclear power plant project in Egypt.
Canada's Aisa Group submits major solar project to Argentina's RIGI program
Canada’s Aisa Group has submitted a $600mn solar project to Argentina's RIGI, proposing to build a 1,000 MW solar farm in Jáchal, San Juan province.
Argentina approves Genneia's expansion of pv energy park
Argentina's National Electricity Regulatory Authority approved Genneia's request to expand the Anchoris photovoltaic park in Mendoza province from 115 MW to 180 MW, marking a significant boost to the country's renewable energy capacity.
DN Agrar and BSOG Energy to build Romania's largest biomethane plant
Biomethane project is part of DN Agrar’s strategy to expand its green energy portfolio and support a circular agricultural model.
Philippines fast-tracks cleantech wind projects through Green Lane initiative
The Philippines has approved five wind projects by CTGRI and its unit under the BOI’s Green Lane, speeding up rollout in Central Luzon and CALABARZON.
ESG trends gaining ground across Southeast Asia – by way of ESD stocks
Across the archipelagos and peninsulas of the wider ASEAN region, ESG is no longer confined to idealistic investor presentations. It is beginning to shape investment flows, boardroom decisions and national policy frameworks.
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