REM - Renewable Energy
Waaree Energies to divest 14.66% stake in Indosolar through OFS
The sale process will be conducted in two tranches, with separate allocations for institutional and non-retail investors, followed by a dedicated window for retail participants.
Tesla Group a.s. and SRAM & MRAM strike $1bn pact to build BESS gigafactories in India
Tesla Group a.s. and the UK-based investment conglomerate SRAM & MRAM Group have entered into an agreement worth $1bn to establish a series of battery energy storage system (BESS) gigafactories in India.
India’s NGEL brings 100MW solar unit online
NTPC Green Energy Limited has commissioned a further 100 megawatts of solar generation capacity, marking the latest stage of development within the 500-MW plant operated by IRCON Renewable Power Limited.
South Africa adds 928 MW of solar in Q1 on SAPVIA estimates
South Africa’s SAPVIA estimates the country added 928 MW of new solar in Q1 2025, with cumulative capacity nearing 9.5 GW and a 14.9 GW project pipeline.
EBRD approves $74mn for Egypt’s 200 MW Ras Ghareb wind project
The 200 MW Ras Ghareb wind farm in Egypt, developed by Infinity Power and Masdar, will add 810,000 MWh of clean power annually.
Colombia solar plant Guayepo III begins grid connection
Enel Colombia's 200 MW Guayepo III solar facility achieved its first grid connection milestone whilst construction reaches 76% completion in Atlántico department.
Colombia wave energy start-up advances testing phase
Colombian start-up Neowave Energy completed testing of its wave energy converter prototype at Universidad Nacional de Colombia's wave flume facility.
Laos' Savannakhet wind farm to begin 2025 operations
The Savan 1 Wind Power Project in Savannakhet, Laos, is nearing completion, with commercial operations expected by the end of 2025
Istanbul-listed TKYB obtains $400mn from Chinese lenders for climate and digital transition financing
Beijing-based Asian Infrastructure Investment Bank (AIIB) has extended a $200mn and 15.5-year loan to Development Bank of Turkey (TKYB/KLNMA), according to a statement from the AIIB.
Tanzania, Japan set up joint committee to expand carbon trading
Kenya’s KenGen launches feasibility studies for 200MW Marsabit wind farm as power demand surges
Electricity demand in Kenya is growing by 100MW annually. Top power producer KenGen said over the next 10 years it aims to add 1,500MW to the grid, all of it "green energy".
Russia to build large-scale high-speed train network
When Russian prime minister Mikhail Mishustin announced that Vladimir Putin had approved more than 4,500km of new high-speed rail, the tone was businesslike, almost perfunctory, but the project could be a game-changer.
Heatwave pushes Taiwan’s electricity reserves to danger point
Taiwan Power Company (Taipower), the island’s state-owned electricity provider, has activated five standby generators after its power reserves fell below 6% amid a heatwave and technical problems at key plants.
Indonesia targets solar power rollout of up to 1.5MW in every village
Indonesia’s government under President Prabowo Subianto plans to install solar power plants in every village, with a capacity of up to 1.5 megawatts (MW) each
Sunfusion project of Turkish refiner Tupras to produce biofuel from algae and yeasts
Top Turkish refiner Tupras is working on a technology that will produce biofuel from purified microalgae and oleaginous yeasts with the use of solar energy, Balkan Energy Green News reported on September 16.
Portuguese firm MCA wraps up construction of 370-MW solar project in Angola
A consortium led by Portuguese company MCA Group (MCA) has inaugurated the last of seven solar parks generating a total of 370 megawatts (MW) of clean energy in Angola.
LSE-listed mining multinational Vedanta plans to build 300-MW power plant in Zambia
Vedanta Resources (Vedanta), an LSE-listed mining multi-national plans to build a power plant in Zambia to generate 300 megawatts (MW) to support its copper mining operations in the southern African nation, according to Reuters on September 16.
Renewables sector warns Croatia risks losing billions in investments
Industry associations say that without rapid intervention, Croatia risks increasing fossil fuel imports, losing market confidence and undermining climate and energy objectives.
EU's General Court rules that gas, nuclear investments can be sustainable
Austria, backed by Luxembourg, argued that including gas and nuclear in the EU’s green taxonomy amounted to greenwashing and undermined efforts to direct finance towards renewables.
JSE-listed Greencoat Renewables reports downbeat performance H1, declares $44mn dividend
Greencoat Renewables, an Irish firm which is secondarily-listed on South Africa's JSE, generated $81mn and 1,830-gigawatt hours (GWh) of clean energy in its six months to June.
Malaysian court rejects Rosmah Mansor’s appeal to nullify solar graft trial
Malaysia’s appellate court has dismissed an application by Datin Seri Rosmah Mansor seeking to overturn proceedings in her graft trial, which concluded in 2022
India reveals plans for indigenous solar production by 2028
India has set its sights on building a fully indigenous solar value chain, with the goal of achieving domestic solar cell manufacturing by 2028.
Costa Rica launches 100MW solar tender with October deadline
Costa Rica's state utility Instituto Costarricense de Electricidad has launched a competitive tender seeking 100MW of solar capacity through individual projects capped at 20MW each.
Turkey launches domestic nuclear reactor development call
Turkey’s Minister of Industry and Technology, Mehmet Fatih Kacir, has launched a "Domestic Nuclear Reactor Development Call".
Thailand’s EV 3.5 policy reshapes battery investments and market growth
Thailand is pushing ahead with an ambitious transformation of its automotive industry to secure a leading role in the electric vehicle (EV) era.
Estonia opens Europe’s first rare-earth magnet plant in push for green independence
Europe marks a milestone in its race to cut reliance on China for clean-tech components with the launch of its first rare-earth magnet factory in the border city of Narva, north-east Estonia.
IFC extends €100mn six-year loan to Istanbul-listed Dogus Otomotiv for EV imports
The International Finance Corporation (IFC) has extended a €100mn loan to Turkey's Dogus Otomotiv (DOAS), according to a press release from the development finance institution.
Brazil launches first urban biomethane project in São Paulo
Brazil launched its first urban biomethane supply project, connecting its inaugural customer in Presidente Prudente, São Paulo state, in what authorities called a milestone for the country’s energy transition and emissions reduction.
Hungary signs nuclear co-operation deal with China, vows to speed up Paks NPP project
Hungary deepened nuclear cooperation with China at the IAEA’s annual conference in Vienna on September 15, as Foreign Minister Péter Szijjártó also pledged to accelerate construction of two new Rosatom-built reactors at Paks.
Laramide to begin 15,000m drilling campaign at Chu-Sarysu uranium project in Kazakhstan
Laramide Resources, a uranium mine development and exploration company with assets in the UK and Australia, has announced plans to undertake 15,000 metres of drilling across multiple targets at its Chu-Sarysu Project in Kazakhstan.
Busan leads South Korea’s green developments and GHG cuts from the front
Busan, South Korea’s second largest city with around 3.5mn residents, hosted the World Climate Industry Expo and Korea Energy Show 2025.
Japan targets large-scale artificial photosynthesis by 2040
Vikram Solar secures 200-MW module order in India
Vikram Solar, an Indian solar PV module manufacturer, has secured an order for 200 MW of high-efficiency solar modules from AB Energia, a provider of commercial and industrial (C&I) solar EPC solutions in India, it said in a stock exchange filing.
Norwegian financier Norfund invests $7mn in Africa-focussed renewable energy firm Mobile and Power
Norway's government has, through Norfund, invested $6.8mn in Mobile Power Ltd (MOPO), a UK tech firm which offers solar-powered battery rental services in sub-Saharan Africa.
Brazil’s Itaipú starts floating solar project on reservoir
Itaipú Binacional, the world’s second-largest hydroelectric facility, said it has started installing floating structures for a solar project in its reservoir on the Brazil-Paraguay border.
Husk secures $3.2mn local-currency debt to scale Nigeria minigrid pipeline
Husk Power Systems has secured an NGN 5bn ($3.2mn) revolving loan from United Capital Infrastructure Fund (UCIF) to grow its solar minigrid programme in Nigeria.
Colombia launches solar programme to replace power subsidies for 1mn households
Colombia's administration unveiled a transformative solar initiative through Decree 0972 of 2025, targeting over 1mn low-income households to replace traditional electricity subsidies with photovoltaic self-generation systems.
Colombia's Petro urges clean energy investment as nation faces oil market reality
Colombian President Gustavo Petro Urrego called for accelerated public and private investment in renewable energy, warning that continued reliance on oil and coal represents "economic suicide,"
Costa Rican electric vehicle sales surge despite rising tax burden
Costa Rica's electric vehicle sector maintains robust growth trajectories despite graduated tax increases that commenced in 2025.
Colombian solar developer SunCompany raises $15mn for regional expansion
Colombian renewable energy developer SunCompany secured $15mn in combined equity and debt financing to accelerate solar infrastructure deployment across Latin America.
The Cost of Energy - Statista
Numbers calculated by financial advisory Lazard as of June 2025 estimate price ranges for the generation of one MWh of energy by different sources, Statista reports.
Algerian President reshuffles cabinet, splits energy ministry (Hydrocarbons & Mines, Energy & Renewables)
President Abdelmadjid Tebboune announced that the 'Energy, Mines and Renewable Energies' ministry is being replaced by two new ministries: 'Hydrocarbons and Mines' and 'Energy and Renewable Energies'.
WoodMac forecasts steady Latin America energy storage expansion
The Latin American energy storage sector is poised for sustained expansion over the next decade, with market capacity expected to reach 23 GW by 2034, according to research from Wood Mackenzie.
China's BYD targets Kazakhstan’s electric bus sector with local assembly plan
Kazakhstan’s ambition to attract electric vehicle (EV) production is set to advance through an unexpected route, with Chinese manufacturer BYD preparing to begin with buses rather than passenger cars, China Global South Project reported.
Kazakhstan signs agreement with Germany’s Nukem for nuclear waste management expertise
Kazakhstan’s Atomic Energy Agency has signed a memorandum of understanding with Germany’s Nukem Technologies Engineering Services GmbH to cooperate on nuclear decommissioning and radioactive waste management, World Nuclear News reported.
Moldova unveils €43bn energy strategy to 2050 focused on renewables and storage
Ambitious strategy aims to strengthen energy security, reduce greenhouse gas emissions and align Moldova with European sustainability standards.
Japan to reopen offshore wind bids after Mitsubishi withdrawal
Japan’s government is preparing to examine the circumstances behind a consortium led by Mitsubishi Corp pulling out of major offshore wind schemes, ahead of relaunching tenders for the affected sites later this year.
Japan’s railways accelerate shift to renewable energy
Japan’s railways are switching to renewable energy to help reach carbon neutrality by 2050, aiming to halve CO₂ emissions from 2013 levels of 11.77mn tonnes by the late 2030s.
Vietnam’s drive towards hydrogen self-reliance
Hydrogen is increasingly viewed as a key energy carrier for the future due to its high energy density by weight—three times that of oil and over 100 times that of lithium-ion batteries.
Bangladesh secures only 1.25% of pledged climate finance under NDC 2.0
US accelerates oil and gas development as it rolls back the Climate Crisis fight
The Trump administration is intensifying its support for fossil fuels and nuclear power while rolling back incentives for renewable energy, in a policy shift that marks a sharp departure from policies under President Joe Biden.
GoviEx, Niger extend arbitration pause on Madaouela uranium project valued at $376mn
Madaouela is among the world’s largest uranium resources, with measured and indicated resources of 100mn pounds of U₃O₈ and a post-tax net present value of $376mn at a uranium price of $80 per pound.
Scatec launches industrial electric vehicle (EV) pilot in South Africa's Northern Cape
This year's historic heatwaves largely caused by 180 "carbon majors" - study
More than a quarter of over 200 heat waves recorded globally since 2000 were impossible without human-driven climate change, with emissions from the world’s largest fossil fuel and cement companies playing a significant role.
DRC’s Gecamines reaches cooperation agreement with Kazakhstan's ERG in move to resolve long-running disputes
Democratic Republic of Congo’s state-owned mining company Gecamines has struck a cooperation agreement with Kazakhstan’s ERG, moving to resolve years of disputes between the two sides, Bloomberg reported on September 11.
Southeast Asia poised to become net biofuel exporter, Petronas says
Southeast Asia is emerging as a future net exporter of biofuels, with surplus production capacity set to flow into markets such as Europe, a senior Petronas executive said at the APPEC conference in Singapore
India's Inox Neo Energies acquires 640-MW hybrid portfolio ahead of parent’s IPO
Inox Neo Energies Ltd has acquired a 640 MW wind-solar hybrid portfolio from the Evergreen Group as it looks to expand its clean power pipeline
India launches green hydrogen innovation fund
India’s Ministry of New and Renewable Energy (MNRE) has launched an INR1bn ($11mn) Call for Proposals to support start-ups developing innovative green hydrogen technologies, the Indian government said in a press release
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