REM - Renewable Energy

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.

Ukraine’s bioethanol production could rise by 150% by 2030

Ukraine could increase its annual bioethanol production by 150% by 2030 as the country seeks to reduce reliance on traditional fuels and develop higher-value products from agricultural resources.

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 sets mandatory E10 bioethanol mandate for 2027

Replicating its successful palm-based biodiesel roadmap to build a parallel bio-gasoline ecosystem, the Indonesian government is preparing to roll out nationwide biofuel mandates

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.

Egypt partners with IFC to localise manufacturing of water desalination components

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.

Colombia's Ecopetrol says cyberattack hits 15 group companies, 3,300 accounts

Colombia's state oil company Ecopetrol confirmed that an unidentified external threat actor had gained unauthorised access to its cloud storage environments, extracting data linked to approximately 3,300 user accounts across roughly 15 companies

Rosatom financial woes threaten Central Asia’s nuclear energy ambitions

Budget cuts call projects in Kazakhstan, Uzbekistan into question.

Canadian firm ReconAfrica reports first onshore hydrocarbon flow in Namibia

Reconnaissance Energy Africa has produced hydrocarbons to the surface during production testing at its Kavango West 1X discovery well, marking what the company described as the first successful onshore hydrocarbon flow in Namibia.

Australian firm Deep Yellow awards construction contracts ahead of Namibia uranium project decision

Deep Yellow (ASX: DYL) has awarded two major civil and concrete construction contracts for its flagship Tumas uranium project in Namibia as it advances preparations for a final investment decision expected in the fourth quarter of 2026.

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.

BYD delivers record shipment of over 2,000 electric vehicles to Pakistan

Chinese electric vehicle manufacturer BYD has delivered its biggest shipment of new-energy vehicles (NEVs) to Pakistan, bringing more than 2,000 vehicles to the port of Karachi as demand for electric mobility gathers pace.

Cambodia steps up efforts to recycle e-waste