REM - Renewable Energy
Mozambique eyes over $50bn energy investment to drive industrialisation
Energy projects under development in Mozambique's Rovuma Basin represent investments exceeding $50bn, with the government seeking to use the developments to accelerate industrialisation, create jobs and strengthen local businesses, AIM reports.
US power firm launches World Bank arbitration against Colombia over gas market dispute
US-based Glenfarne Group has initiated international arbitration proceedings against Colombia over a dispute linked to the country's natural gas market, claiming state actions undermined investments in two thermal power plants
Colombia restarts power exports to Ecuador after diplomatic rift eases
Colombia will resume electricity exports to Ecuador after suspending sales earlier this year amid a diplomatic dispute, easing concerns over power supplies as both countries prepare for a potentially severe El Niño weather event
Myanmar’s Kanyin hydropower project to power 10,000 homes
Myanmar's 10.5-megawatt Kanyin Hydropower Project in Ingapu Township, Ayeyawady Region, is expected to provide electricity to more than 10,000 households while improving irrigation and agricultural productivity.
Vietnam Hai Phong Thermal Power beats annual profit target
Hai Phong Thermal Power JSC (UPCoM: HND) has exceeded its full-year pre-tax profit target in the first six months of 2026, despite a recent change in senior management following the detention of its chief executive
UniCredit Serbia, KfW launch €43mn green financing scheme
UniCredit Bank Serbia has launched a €43mn KfW-backed credit line for energy efficiency and renewable energy projects, part of a €47.3mn package expected to reach 300 companies and cut 24,000 tonnes of CO2 a year by 2028.
IFC, Proparco acquire minority stakes in Turkish electricity grid operator Uludag
Uludag Enerji serves Uludag region, one of Turkey’s leading industrial centres, taking in Bursa, Balikesir, Canakkale and Yalova provinces.
Spain's MASPV signs 15-year power deals for Guatemala's largest solar-storage plant
Renewables developer MASPV has finalised the contractual terms for its Estanzuela solar and battery storage project in Guatemala, signing 15-year electricity supply contracts with two local distributors and posting the required financial guarantees.
Moody’s downgrades Istanbul-listed Zorlu Enerji’s outlook to negative
The change in outlook reflects Zorlu Enerji's rising financial leverage and weak cash flow generation, which are balanced against management's commitment to improving liquidity through further disposals.
Sandawana lithium resource estimate strengthens Zimbabwe’s battery minerals ambitions
Zimbabwe’s state-controlled Mutapa Energy Resources has confirmed a JORC-compliant lithium resource of 39.9mn tonnes at its Sandawana mine, based on exploration covering only 30% of the project’s mining concession.
Iran brings first geothermal power plant online after two-decade build
Iran brought its first geothermal power plant online, adding 5MW to the national grid. The €10mn Meshginshahr pilot project could pave the way for larger geothermal developments.
McGill and GIB launch renewable energy insurance facility in South Africa
Independent global specialty insurance and reinsurance broker McGill and Partners and South African insurance broker GIB have launched Protea Green, an insurance facility covering risks associated with renewable energy infrastructure in South Africa.
Gabon, EDF advance estimated 400-MW Booué hydropower project
Gabon has taken a further step towards developing the estimated 400-MW Booué hydropower project after the government, EDF Power Solutions and Gabon Power Company signed a mutual commitment protocol in Paris.
Thailand launches world's first sustainable 550kV grid retrofit
Thailand is set to become the first country to retrofit a 550-kilovolt gas-insulated transmission line with eco-efficient technology, cutting greenhouse gas emissions while preserving existing grid infrastructure.
Delectrik wins contract for India's first 100-MWh utility-scale vanadium flow battery project
Delectrik Systems has secured a contract to deploy India's first utility-scale vanadium redox flow battery (VRFB) energy storage project with a capacity of 100 MWh, marking a milestone for long-duration energy storage in the country.
Sri Lanka begins feasibility study for first canal-top solar project
Sri Lanka has launched a preliminary feasibility study for its first canal-top solar power project along the Viyana Canal in Mahiyanganaya, marking a step towards expanding renewable energy generation.
Super El Niño arrives more than a month early
Sea surface temperatures in the Niño 3.4 region of the tropical Pacific have remained above the +2.0°C threshold for a "super" El Niño for more than a week, reaching an anomaly of around +2.1°C by mid-July — more than a month early.
Turkey's unlicensed solar capacity hits 24.2 GW
Unlicensed rooftop and self-consumption solar capacity in Turkey reached 24.2 GW by May 2026, taking total installed solar capacity to around 27 GW, according to grid operator TEİAŞ data.
Zambia commissions $75mn Chisamba Phase II solar plant
Zambian President Hakainde Hichilema has commissioned the 100-MW Chisamba Phase II solar photovoltaic plant in Central Province, doubling the Chisamba complex’s generation capacity to 200 MW.
Indonesian energy ministry advances 93 hydrogen projects worth $1.8bn
The Indonesian government is advancing its national hydrogen roadmap, shifting away from imported fossil fuels while building localised clean energy infrastructure across remote islands.
Malaysia launches LSS6 solar tender for 2.5-GW expansion
Accelerating grid decarbonisation while deploying utility-scale energy storage to meet expanding industrial power demand, Malaysia has opened its largest renewable energy procurement round to date
PT PLN Energi Primer Indonesia, eFUELS SEA sign MoU on green hydrogen supply chain
Indonesian and Singaporean energy firms have formed a strategic partnership, accelerating regional decarbonisation and establishing scalable distribution channels for low-carbon synthetic fuels.
Sri Lanka to raise renewable energy share beyond 70% target
Sri Lanka plans to raise the contribution of renewable energy to its electricity mix beyond the current 70% target while expanding its transmission infrastructure to support higher levels of clean power integration.
India's renewable energy capacity rises nearly four-fold to 288.6 GW since 2014
India's installed renewable energy capacity has nearly quadrupled since 2014, reaching 288.58 GW as of June 30, 2026.
Colombia nears 4.7GW renewable target as solar drives energy expansion
Colombia has installed or commissioned 4.58GW of photovoltaic capacity since August 2022, with roughly one-quarter still undergoing testing, leaving the government's flagship 6GW+ renewable energy programme about 1.35GW short of its target
Colombia's incoming government seeks US energy investment, backs gas exploration revival
Colombia's incoming administration has begun discussions with US officials to attract investment into the country's energy sector, focusing on energy security, responsible transition policies and the revival of gas exploration
Serbia opens tender for documents for €2.6bn Iron Gate III hydropower project
Serbia has opened a tender for planning and technical documentation for the construction of the Đerdap 3 reversible hydropower plant on the Danube River, a major energy storage project estimated at €2.6bn.
Electric trucks hold key to Thailand’s low-carbon future
Electric trucks could play a pivotal role in helping Thailand remain competitive in a low-carbon global economy, but high costs and limited infrastructure continue to slow their adoption.
Montenegro plans 3 MW solar power plant in Kolašin area
A new solar power plant with an installed capacity of 3 MW is planned in the town of Bare in northern Montenegro, with investors submitting a request to the municipality of Kolašin to assess the need for an environmental impact study.
The gas blamed for warming the planet is about to be used to store Ireland’s renewable electricity.
Energy Dome, a Milan-based energy-storage developer, plans to build a battery in County Offaly that uses carbon dioxide rather than lithium to store power.
Vietnam oil and gas sector eyes clean energy expansion
Vietnam’s oil and gas industry is strengthening its role in the marine economy while accelerating its shift towards cleaner energy, even as ageing reserves and policy gaps pose growing challenges.
China's Shanxi Installation wins $210m EPC contract for Oman solar project
Chinese industrial construction company Shanxi Installation Group Co, Ltd has secured a 1.5 bn yuan ($210 mn) engineering, procurement and construction (EPC) contract for Oman's 500 MW Al Kamil Phase I Solar PV Independent Power Project (IPP).
Oman opens renewable electricity market to direct power sales
Oman has introduced a regulatory framework allowing renewable energy producers to sell electricity directly to eligible consumers, marking a major shift away from the country's long-standing single-buyer model.
Romania’s battery storage project pipeline exceeds 9 GW
Romania's pipeline of battery energy storage system (BESS) projects has surpassed 9 GW, with more than 2 GW of capacity expected to become operational by the end of 2026.
Turkish parliamentary commission approves tax incentives for nuclear power investments
The Turkish Parliament’s Planning and Budget Committee has approved an omnibus bill that introduces a series of tax incentives aimed at supporting investments in nuclear power plants.
Togo seeks consultant for 42-MWp Awandjelo solar project
Togo has launched an international consultancy tender to monitor and evaluate the 42-MWp Awandjelo solar project in the Kara region, financed by the West African Development Bank.
PANNIER: Central Asia on cusp of ending quest for independence in electricity provision
Big hydro projects should get the region over the line.
Mozambique's HCB raises power output 13%, revenue reaches $263mn in H1 2026
Mozambique's Hidroeléctrica de Cahora Bassa (HCB) generated 6,399.03 gigawatt-hours (GWh) of electricity in the first half of 2026, a 13% increase from the same period last year, while unaudited revenue reached about $263mn.
Spain's Aldesa wins €160mn contract to build Mexican solar-plus-storage park
Aldesa, a Spanish infrastructure group owned by the China Railway Construction Corporation (CRCC), announced it has been awarded a contract worth more than €160mn to build a solar power plant and battery storage facility in Mexico.
Nigeria’s Abia State backs proposed $145mn solar manufacturing plant
Nigeria’s Abia State has backed a proposed $145mn solar manufacturing plant in Isiala Ngwa South, with construction expected to begin after initial financing is released in September.
Kazakhstan plans Chinese-backed expansion of waste-to-energy plants
Kazakhstan’s Prime Minister Olzhas Bektenov and president of China Tianying, Cao Debiao, discussed plans on July 16 on the construction of waste-treatment plants in at least three major cities.
Indonesia invites Chinese investment for 100 GW solar power expansion programme
Indonesia is seeking Chinese investment to support its ambitious plan to develop 100 GW of solar power capacity, as the government looks to mobilise private capital for its clean energy transition and expand bilateral cooperation in renewable energy.
Latin America electricity output rises 4.5% in April, renewables hit 67%
Latin America and the Caribbean generated 164 TWh of electricity in April, a 4.5% rise from the same month a year earlier, with renewable sources accounting for 67% of the total, the Latin American and Caribbean Energy Organisation (OLACDE) said
Renewables, grids and regional links drive Africa’s power sector forward
Africa's power generation sector recorded several notable developments last week, highlighting the continent’s growing focus on renewable energy, grid expansion and regional electricity trade.
Myanmar targets higher solar share in national electricity supply
Solar power contributes just 4% of Myanmar’s electricity generation, highlighting the country’s continued dependence on hydropower and natural gas despite efforts to expand renewable energy.
US opens probe into Ethiopian solar imports over alleged China tariff circumvention
The US Department of Commerce has opened a countrywide investigation into whether Ethiopian solar cells and modules made with Chinese components are circumventing US antidumping and countervailing duties.
AfDB approves $110mn for Ethiopia’s 300-MW Aysha wind project, country’s largest to date
The African Development Bank has approved up to $110mn for Ethiopia’s 300-MW Aysha wind project, which is set to become the country’s largest wind farm and first privately developed wind power project.
TotalEnergies begins operations at 216-MW South Africa solar and battery project
TotalEnergies and its partners have started operations at South Africa’s 216-MW Hydra solar project, which includes a 500-MWh battery system and will supply 75 MW of dispatchable power to state utility Eskom.
Octopus-backed MOPO plans $75mn battery rental expansion in Nigeria
Battery rental company MOPO has signed an agreement with Nigeria’s Rural Electrification Agency (REA) to support a $75mn expansion of its operations in Africa’s most populous country.
Hydrom joins World Bank-backed global green hydrogen partnership
Hydrom, the state-run master planner and orchestrator of Oman’s green hydrogen sector, has joined the Hydrogen for Development Partnership (H4D), a global initiative led by the World Bank Group and its Energy Sector Management Assistance Programme.
Indian firms Serentica Renewables, DCM Shriram ink 58 MW round-the-clock renewable power deal
Serentica Renewables, through its special purpose vehicle Serentica Renewables India 38, has signed a Power Purchase Agreement (PPA) with DCM Shriram Ltd's chemicals business to supply 58 MW of round-the-clock renewable power.
India adds over 30 GW of renewable energy capacity in H1 2026
India installed 30.6 GW of renewable energy capacity during the first six months of 2026, marking a 25% increase from the corresponding period last year, Union Minister for New and Renewable Energy Pralhad Joshi said.
Sri Lanka targets near phase-out of diesel power generation within two years
Sri Lanka's National System Operator Company (NSOC) plans to reduce diesel-fired electricity generation to just 0.5% of the country's total power mix over the next two years.
Cambodia steps up efforts to recycle e-waste
Uzbekistan capitalising on abundant sunshine, favourable winds in renewables energy transition, says Montfort report
Uzbekistan is accelerating one of Central Asia's most ambitious energy transitions as it seeks to meet rapidly rising electricity demand through renewable energy investment, grid modernisation and market reforms, according to an analysis.
OPEC takes aim at the IEA over oil and gas forecasts
OPEC warns that pessimistic demand forecasts and financing restrictions risk deterring oil and gas investment.
Iran puts payback on household solar plants at under five years
Rooftop solar plants in Iran pay for themselves within five years, a SATBA official says, with a five-kilowatt system costing IRR3.5bn to IRR4bn and earning owners net income from grid sales thereafter.
Kazakhstan, China sign $15bn worth of deals as Tokayev visits Shanghai
Agreements range across AI, digital infrastructure, corridor freight, manufacturing, energy and critical minerals.
Indonesian sovereign fund selects eight consortia for waste-to-energy phase II
Accelerating the integration of green municipal infrastructure with the domestic capital market to advance the circular economy mandates, Indonesia's sovereign investment fund Danantara has finalised its latest environmental technology matrix.
India's energy storage capacity to reach 174 GW by 2036
India's energy storage capacity is expected to expand rapidly over the next decade, with installed Battery Energy Storage System (BESS) capacity projected to reach 80 GW and Pumped Storage Plant (PSP) capacity 94 GW by 2035-36.
Bangladesh to add 5 MW of grid-connected rooftop solar capacity by September
Bangladesh plans to connect nearly 5 MW of electricity generated from rooftop solar installations to the national grid by September as part of its strategy to expand renewable energy and diversify the country's power mix.
Czech Republic cuts renewable energy acceleration zones from 110 to 61
The Czech Ministry of Environment reduced the number of sites designated for the swift development of wind and solar energy plants, so-called acceleration zones, from 110 to 61.
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