REM - Renewable Energy
Cambodia unveils $32bn green investment strategy
Myanmar introduces electric vehicle scheme for unsafe cars
Myanmar’s Ministry of Commerce has introduced a programme allowing old and unsafe vehicles to be replaced with electric vehicles as part of efforts to improve road safety, reduce fuel consumption and tackle pollution.
Kyivstar invests in solar power as Ukraine seeks energy resilience
Ukraine’s largest mobile operator, Kyivstar, has expanded its push into renewable energy with the acquisition of six solar power plants in western Ukraine.
South Africa's Eskom begins 75-MW solar project at Lethabo coal power station amid renewables push
LG Energy Solution supplies $1.6bn batteries to US
LG Energy Solution (373220.KS) will supply energy storage system (ESS) batteries worth $1.6bn to an unnamed US energy company, the South Korean firm announced on May 28.
South Korea builds nuclear-solar supergrid to prevent blackouts
Korea Hydro & Nuclear Power is building a multi-tiered power network to secure national electricity supplies, the Gyeongbuk-based utility has announced.
India's Clean Max secures $575mn for renewable energy portfolio
India’s Clean Max Enviro Energy Solutions Limited has secured around $575mn through a mix of domestic and international financing facilities to support nearly 1 GW of renewable energy projects across Rajasthan and Karnataka.
Kazakhstan begins construction of $100mn copper recycling plant in Aktobe
Kazakhstan has started construction of a $100mn copper scrap recycling and copper rod production plant in Aktobe with support from Chinese investors.
Atlas targets 1GW Colombia solar portfolio as power demand climbs
Atlas Renewable Energy plans to expand its solar portfolio in Colombia to 1 gigawatt by 2030, betting on rising electricity demand, tighter supply conditions and the country’s long-term renewable transition
Jinko Solar expands Myanmar presence with 100MW deal
Jinko Solar has secured a major renewable energy deal in Myanmar after signing a 100 MW distribution agreement for its Tiger Neo 3.0 solar modules.
Vietnam positioned to lead Southeast Asia wind energy
Vietnam is emerging as one of Southeast Asia’s strongest contenders in the offshore wind energy sector, with experts pointing to major opportunities in clean power, manufacturing and industrial development.
Bulgaria tops global rankings for battery storage share
Bulgaria has emerged as the world’s leading market for battery energy storage systems (BESS) relative to the size of its electricity system, after a surge in investment that is transforming its role in the Balkan energy market.
China’s JinkoSolar signs 1-GW supply deal in Uzbekistan
Chinese solar manufacturer JinkoSolar Holding Co (NYSE: JKS) has signed a 1GW supply agreement to provide its latest Tiger Neo 3.0 photovoltaic modules in Uzbekistan.
Paraguay opens power market to private capital as crypto and AI demand outpace the grid
Paraguay opens its electricity market to private capital for the first time — but transmission bottlenecks, tariff caps and a looming AI-driven demand surge threaten to outpace the reform before it takes hold.
Israel's Nofar Energy reports sharp jump in revenues for Q1 amid Romanian expansion
Nofar Energy reported a sharp acceleration in project revenues and portfolio expansion in the first quarter of 2026, compared to the previous year.
AfDB backs Moroccan fertiliser giant OCP with $488mn guarantee for green investment push
Heavy spring rains push Turkey’s hydropower generation to record high in April
Heavy rainfall during the spring months swelled dam water levels in Turkey, resulting in a record monthly output from the country’s hydropower plants in April.
Argentina lower house backs extension of renewable energy tax incentives to 2045
Argentina’s lower house of Congress approved a bill extending until Dec. 31, 2045 the fiscal incentives established under Law 27.191, a regulatory framework considered central to the expansion of renewable energy projects in the country.
Competition Commission of India greenlights Singapore’s Tata-Mercuria joint venture
The Competition Commission of India (CCI) grants antitrust clearance for the establishment of a high-powered global commodities trading joint venture between Swiss trading giant Mercuria Energy Group and Singaporean Tata Group
Sri Lanka receives first utility-scale battery storage systems
Sri Lanka has taken a major step towards modernising its power sector with the arrival of the country’s first commercial-scale Battery Energy Storage System (BESS) equipment through the Port of Colombo.
Adani Green commissions 3.37-GWh battery storage project in India's Gujarat
Adani Green Energy Ltd (NSE: ADANIGREEN) has commissioned a cumulative 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS) at its Khavda renewable energy complex in Gujarat.
Enel Colombia tops 1GW of installed solar capacity with new Atlantic coast projects
Enel Colombia said it surpassed 1GW of installed solar capacity through six utility-scale photovoltaic parks, strengthening its position in Colombia’s fast-growing renewable energy sector
Colombia awards 1.55GW of solar capacity in 2029-2030 firm energy auction
Colombia awarded 1,546.9MW of solar generation capacity in its latest firm energy auction for the 2029-2030 supply period, as the government accelerates efforts to strengthen long-term electricity reliability and expand renewable generation
Cuba criticises EU position on expanded US sanctions
Cuban Foreign Minister Bruno Rodríguez criticised the European Union for failing to recognise the impact of US sanctions on the island’s economic crisis, while warning that recent measures by Washington also threaten European commercial interests
EU, UNDP expand renewable energy push in Cuban agriculture
Cuba has expanded the use of renewable-energy systems across more than 120 hectares of farmland and livestock areas as part of a joint programme backed by the European Union and the United Nations Development Programme
Laos halts fuel vehicle imports to boost EV shift
Laos will suspend imports of petrol and diesel vehicles until the end of 2026 as part of a wider push to accelerate electric vehicle adoption.
Laos and Cambodia push forward ASEAN power grid
Laos and Cambodia have taken another step towards regional energy integration by signing an agreement to study a cross-border electricity grid connection.
Brazil’s Itaipu expands solar push in universities
Itaipu Binacional said it will fund the installation of solar panels at 15 public education institutions in Brazil as part of a programme aimed at expanding renewable energy use and supporting academic infrastructure.
Brazil plans first battery power auction
Brazil’s government said it will soon publish bidding rules for the country’s first auction dedicated exclusively to battery storage systems, part of a broader effort to support grid stability as renewable energy capacity expands.
Brazil’s Raízen races for debt deal
Raízen is preparing another round of talks with creditors ahead of a mid-June deadline to submit its out-of-court restructuring proposal, as the company still lacks support from international bondholders.
Finergreen exits Africa to focus on Europe and Asia
Finergreen has sold its African operations to local management teams as the French energy transition advisory firm redirects its international growth strategy towards Europe and Asia.
Cameroon, Nigeria revive hydropower project talks, targeting flood control and 300MW power output
Cameroonian authorities are advancing studies for the proposed Dasin Hausa hydropower project below the Lagdo dam, a cross-border scheme with Nigeria that would support flood control, irrigation and electricity generation of more than 300MW.
Ivanhoe’s DRC zinc mine pushes solar-storage to cut diesel use
Ivanhoe Mines (TSX:IVN) says the Kipushi zinc mine in the DRC is seeking to deploy 10MW of solar-generation capacity alongside a 200MWh battery energy storage system (BESS) as part of efforts to reduce dependence on diesel.
Malawi electricity generation capacity falls by 105 MW amid forex, diesel shortages
Foreign currency and diesel shortages and frequent breakdowns at some of Malawi’s power plants have removed up to 105 megawatts (MW) from the national grid, Nyasa Times reported on May 24.
Philippine green energy firms advance corporate merger valuation
SPNEC, developer of the Philippines' largest solar farm, is proceeding with its merger with MGEN Renewable Energy Inc (MGEN Renewables), the clean energy arm of the country’s biggest private power distribution utility.
West Papua inks green factory pact with China’s Conch Group
The West Papua Provincial Government (Pemprov Papua Barat) has finalised a strategic green industrialisation framework with Chinese manufacturing conglomerate Conch Group
Brazil bets big on green industry cash
Vietnam installs first solar powered median barrier system
Ho Chi Minh City has introduced its first solar-powered automated median barrier on Cong Hoa Street in a bid to improve traffic management during rush hours.
Brazil’s Yamaha pushes ESG into core operations
Eni-BlackRock joint venture for CCS secures $670mn in financing
The financing for Eni CCUS Holding was provided by a syndicate of 13 international lenders and follows the earlier project financing completed for the Liverpool Bay CCS project in the UK.
Morocco cuts gas imports from Spain as renewable energies expand
Morocco has reduced imports of natural gas delivered through Spain as the North African country increases its reliance on renewable energy and continues efforts to diversify energy suppliers and sources.
EBRD plans to extend $200mn financing for Egypt wind projects
The European Bank for Reconstruction and Development (EBRD) is considering providing up to $200mn in senior loans to support the construction and development of 500MW of onshore wind capacity in Egypt
Ukraine targets sharp rise in biomethane output with focus on EU exports
Ukraine plans to produce 150mn cubic metres of biomethane in 2026 as Kyiv accelerates efforts to expand renewable energy production and deepen integration with the EU’s energy market.
South Africa’s utility Eskom delivers one full year of uninterrupted power supply
On May 16, South Africa’s state-owned power utility Eskom marked a full year without crippling power outages, or loadshedding, achieving a milestone not seen since September 2018, eight years earlier.
Canada's Sherritt trading halt deepens pressure on Cuba nickel operations
Canadian miner Sherritt International’s shares were suspended from trading after the Ontario Securities Commission issued a cease trade order tied to delayed quarterly filings
Zimbabwean IPP New Glovers launches first phase of 100MW solar power project
Zimbabwe’s President Emmerson Mnangagwa has commissioned the first phase of a planned 100-megawatt (MW) solar photovoltaic power plant in central Zimbabwe.
Kazakhstan plans gas and renewable energy mix for Alatau City
Kazakhstan plans to supply the future Alatau City near Almaty with electricity generated from a combination of gas-fired power plants and renewable energy sources.
Qatar Holding sells 0.4% stake in India's Adani Energy Solutions
Qatar Holding LLC, an affiliate of the Qatar Investment Authority sovereign wealth fund, has divested a 0.4% stake in Adani Energy Solutions (NSE: ADANIENSOL) through a block transaction.
Pakistan seeks greater Chinese investment in clean energy, EV manufacturing
Pakistan Prime Minister Shehbaz Sharif has urged Chinese companies to expand their footprint in the country’s renewable energy and electric vehicle industries, highlighting opportunities in manufacturing, technology transfer and infrastructure.
Vietnamese drivers report smooth transition to E10 biofuel
Vietnamese motorists testing E10 biofuel say their vehicles are performing smoothly, easing fears ahead of the country’s nationwide fuel switch on June 1.
Brazil’s SolarZ targets expansion after funding round
Brazilian energy technology company SolarZ has secured BRL5.8mn ($1.15mn) in a funding round led by Triaxis Capital and Crescera Capital through the Criatec 4 fund, as the company seeks to expand its software and financial services operations.
Brazil backs biofuel push
Acelen Renewables, backed by Mubadala Capital, said in a press release it will invest $1.5bn to start construction of a renewable fuels biorefinery in Bahia, supported by financing arranged by HSBC and the International Finance Corporation.
Tehran Energy Exchange prepares to list first solar power plant project fund
Iran's Energy Exchange is preparing to list the country's first solar power plant project investment fund, with subscription expected to open within a month, the exchange's market development deputy has said.
Kazakhstan targets $4.5bn in local content in construction of nuclear plants
Kazakhstan plans to increase domestic participation in the provision of goods, equipment and services in the construction of its planned nuclear power plants to 30%, The Astana Times reported on May 21.
Construction of waste-to-energy plant to begin in Almaty
Kazakhstan will begin construction of a waste-to-energy plant in Almaty on May 29 following the signing of an investment agreement with China’s Hunan Junxin Environmental Protection.
Manila courts Chinese green tech backing at APEC
Philippine Trade Secretary Cristina Roque is seeking renewable energy and electric vehicle investments during her trip to China, she told reporters on May 20. Roque is attending the 32nd APEC Ministers Responsible for Trade Meeting in Jiangsu.
Singapore-based Aslan Energy commits $1.75bn for clean energy hub in Indonesia
Singapore-based green energy infrastructure platform Aslan Energy Capital (AEC) has finalised a massive $1.75bn (IDR30.92 trillion) investment commitment to transform the Palu Special Economic Zone (SEZ) in Central Sulawesi, Indonesia
GeoPark eyes Venezuela expansion as sanctions relief opens sector
GeoPark is evaluating entry into Venezuela’s oil and gas industry through potential partnerships with state-owned PDVSA and new production-sharing agreements, as easing US sanctions and regulatory changes improve conditions for foreign investors
Colombia opens tax break scheme for hydrogen projects
Colombia has opened applications for tax incentives tied to hydrogen developments, allowing companies to seek benefits for projects ranging from green and blue hydrogen production to transport and storage infrastructure
Kazakhstan parliament backs radioactive waste management bill
Kazakhstan’s Majilis, the lower chamber of parliament, approved a draft law on radioactive waste management that would create a national operator responsible for handling radioactive waste and prohibit the import of foreign radioactive waste.
BII, CIP launch $300mn renewable energy platform for India
British International Investment (BII), the UK’s development finance institution and impact investor, has partnered with Danish fund manager Copenhagen Infrastructure Partners (CIP) to establish a $300mn renewable energy investment platform in India.
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