REM - Renewable Energy
SolarAfrica closes financing for first 342 MW of 1-GW SunCentral solar project
South African renewable energy developer SolarAfrica has reached financial close on the final 114-MW plant in the first phase of its planned 1-GW SunCentral solar development, completing financing for an initial 342 MW of generation capacity.
Tanzania development bank expands financing push for renewable energy projects
TIB Development Bank is preparing to increase financing for energy projects in Tanzania, including solar, wind and hydropower, as the state-owned lender seeks to advance the country’s Dira 2050 development agenda.
Mozambique mulls adding up to 78 MW of new hydropower capacity in Manica
Mozambique’s state-owned electricity utility EDM is assessing two proposed hydropower projects with a combined capacity of up to 78 MW in the central province of Manica as industrial and household electricity demand rise.
Enel Chile pushes battery storage build-out past 730MW with Finis Terrae start
Enel Chile has begun construction of Finis Terrae BESS, a 100MW battery storage system in the Antofagasta region, marking the company's third major energy storage project under way in the area.
Zambia approves $982mn energy investment pipeline with 11 new solar projects
Zambia’s Energy Regulation Board (ERB) has approved licences and construction permits representing about ZMW18.4bn ($982mn) in proposed energy investment, including construction permits for 11 utility-scale solar projects.
Albania beats EU on renewable electricity but hydropower reliance brings risks
Renewable sources accounted for 105.2% of Albania's gross electricity consumption in 2025, Eurostat data shows, with only Norway and Iceland performing better across Europe.
South Africa advances $5.8bn Coega green hydrogen and ammonia project
South Africa’s $5.8bn Coega green hydrogen and ammonia project is advancing towards development as its backers prepare further announcements on one of Africa’s largest proposed green-energy investments.
Chile and Bolivia advance Calama-Uyuni power link, targeting solar surplus trade
Bolivia and Chile have agreed to launch a bilateral agenda to lay the technical, regulatory and institutional groundwork for integrating their electricity systems.
China, Jordan trade hits $6.7bn on green tech
Jordan’s King Abdullah II began his 9th state visit to China on Aug 18 as Middle Eastern economies push to diversify from traditional resources using Chinese green tech.
Inox Clean Energy completes $628mn acquisition of Vena Energy India platform
Inox Clean Energy has completed the acquisition of Vena Energy India Holdings Pte Ltd, the Indian renewable energy platform of Vena Group, from BlackRock-owned Global Infrastructure Partners (GIP) for an enterprise value of about INR60bn ($627.5mn).
Philippines to auction 400MW waste power capacity in October
The Philippines will hold a tender to award 400MW of waste-to-energy capacity on October 13, 2026, the Department of Energy announced.
Philippines eyes blacklisting power firms over recurring blackouts
The Philippine Department of Energy (DOE) is considering a three-strike policy against non-compliant generation companies to tackle sustained power deficits that have forced main regional grids into yellow and red alerts.
Chinese Sungrow Power lays foundation stone for storage facility in Egypt
Chinese manufacturer and renewable energy technology firm Sungrow Power Suez Energy Equipment (SZSE:300274) laid the foundation stone for its new manufacturing facility within the China-Egypt TEDA Economic and Trade Cooperation Zone
Serbia's Kodar Energomontaza to issue €50mn green bonds for renewables
Serbian engineering company Kodar Energomontaza plans to raise €50mn through green bonds to help finance two renewable energy projects with a combined capacity of 370 megawatts.
El Salvador rolls out solar self-consumption permits, offering decade-long tax perks
El Salvador has opened the administrative process for households and companies seeking to install renewable self-consumption systems, with the first phase focused on solar photovoltaic installations.
Renewables lead Turkey’s electricity capacity expansion
Renewable energy sources made up 88.1% of the new electricity generation capacity Turkey added between June 2025 and June 2026, according to cited data from the Energy Market Regulatory Authority (EPDK).
Nigeria’s DARES still needs power access for 11mn people as targets rise
Nigeria’s Distributed Access through Renewable Energy Scale-up (DARES) programme still needs to provide electricity access to almost 11mn people to meet its revised target of 16.28mn beneficiaries, after reaching about 5.3mn people so far
Tanzania eyes power exports as Julius Nyerere hydropower project boosts capacity to 4,646MW
Tanzania’s electricity generation capacity has risen to about 4,646MW following the addition of 2,115MW from the Julius Nyerere Hydropower Project (JNHPP), giving the country a sizeable surplus over peak domestic demand
Ascania Energy and Chinese partner plan 100 MW of solar projects in Ukraine
Ukraine's Ascania Energy and China's Risen Energy have agreed to jointly develop solar power and energy storage projects in Ukraine with a combined capacity of up to 100 megawatts of solar generation and 200 megawatt-hours of battery storage.
Moldova selects 170 MW of wind projects for support under fixed-price scheme
Moldova has selected seven onshore wind projects with a combined supported capacity of 170 MW under the state fixed-price support mechanism, with each project required to install battery energy storage.
Malaysia’s solar market revenue projected to reach $1.24bn in 2026
Malaysia’s solar energy sector is projected to reach MYR5.04bn ($1.24bn) in revenue in 2026, registering a compound annual growth rate (CAGR) of 31.23% between 2023 and 2026.
Vietnam’s Xuan Thien targets 5,000-MW floating solar project
Xuan Thien Group is exploring a 70,000-hectare integrated development in Vietnam’s southernmost province of Ca Mau, combining industry, agriculture, tourism, logistics and renewable energy.
India’s green energy InvITs boom is waiting to happen
The Indian renewable energy sector offers significant opportunities for Infrastructure Investment Trusts (InvITs) to deepen capital mobilisation in the space despite the limited existence of InvITs at present, according to a recent report.
Vietnam turns to LNG to meet rising power demand
Vietnam is turning to liquefied natural gas (LNG) to help meet rapidly growing electricity demand as it targets annual economic growth of at least 10% through 2030.
Sembcorp weighs IPO of Indian renewable energy arm, says plans remain preliminary
Singapore-based Sembcorp Industries Ltd. is evaluating a potential initial public offering of its Indian renewable energy business, Sembcorp Green Infra Ltd., but said discussions remain at a preliminary stage and no definitive decision has been made
Brazil takes biofuels to COP31
Brazil plans to push for a larger role for biofuels in global climate policy at this year’s COP31 summit in Turkey, as it seeks to build support for alternatives to fossil fuels.
Brazil bets on SAF boom
Brazil could become a major global producer and exporter of sustainable aviation fuel, but infrastructure, financing and regulatory gaps could limit its progress, agricultural economist Antonio Márcio Buainain said.
Kyrgyzstan to launch electric vehicle production under national BARS brand
Kyrgyzstan will soon begin assembling electric passenger cars, commercial vehicles and specialised vehicles under a new national brand, BARS.
Tunisian solar capacity reaches 630MW in H1 2026
Uzbekistan’s 1H EV imports jump 2.6-fold
Uzbekistan imported 37,874 electric vehicles (EVs) in January-June, with the figure representing a 2.6-fold y/y increase, according to the national statistical committee.
Iran's Shams Pasargad to raise capital 150% for 50 MW solar plant
Iranian solar power producer Shams Pasargad has approved a 150% capital increase to IRR10,000bn from IRR4,000bn to fund a 50 MW solar plant
Ghana's proposed 1.5GW Buipe solar complex enters environmental review
The project is envisaged in three phases of 100MW, 500MW and 900MW, with the 250MWh battery energy storage system planned as part of the initial 100MW phase to support grid stability.
India’s Juniper Green Energy wins major renewable energy contract
Juniper Green Energy has been awarded a 230-MW firm and dispatchable renewable energy (FDRE) round-the-clock project by the Solar Energy Corporation of India (SECI).
Rooftop solar slashes power bills for Vietnamese manufacturers
Rooftop solar is helping manufacturers in northern Vietnam cut electricity costs while meeting growing demand for greener production.
Blame game under way as massive blackout hits Central Asia
Kazakh utility points finger at hydropower failure in Kyrgyzstan. Claims made by Kyrgyz officials about Kazakh power line disruption denied by Kazakhstan.
Europe killed 25,000 of its own people this summer for want of air conditioning
Extreme heat has killed more than 25,000 people across Europe this year, according to data compiled from government agencies and research institutions in Germany, Spain, France, the UK, Switzerland and the Netherlands.
Bolivia and Chile launch studies for Calama-Uyuni power interconnection, eyeing solar potential
Bolivia and Chile have agreed to launch a bilateral agenda to lay the technical, regulatory and institutional groundwork for linking their electricity systems.
South Africa's 420MW private wind cluster supporting mining operations targets year-end operation
A 420MW cluster of three private wind farms in South Africa that will supply mining operations is expected to enter commercial operation before the end of 2026 despite construction delays caused by unusually heavy rainfall.
Senegal signs Huawei deal for 100MW solar and battery projects
Senegal's state electricity company Senelec has signed an agreement with Chinese technology group Huawei to develop 100MW of solar capacity with battery storage as the West African country accelerates investment in renewable power.
Africa needs $30bn grid investment to keep pace with rising power demand
An estimated $30bn investment in grid infrastructure will be required to strengthen transmission systems, integrate new generation capacity and support a more interconnected African electricity market.
Teesa Green Energy secures €78mn loan for 70-MW wind farm in Bulgaria
Bulgarian renewable energy developer Teesa Green Energy has secured a €78mn long-term loan from Postbank to finance the first phase of the €100mn Strazhitsa wind farm in northeastern Bulgaria.
Topsoe to supply ammonia tech for Texas green ammonia plant
The project is aimed at serving both domestic and international markets, potentially giving the US facility a role in the emerging green ammonia supply chain.
Australia pledges $1.76bn rescue package to power Rio Tinto's Tomago aluminium smelter
Securing national sovereign manufacturing capabilities while transitioning heavy industrial operations off coal-fired power, the Australian federal and New South Wales (NSW) state governments have unveiled an industrial rescue package
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