REM - Renewable Energy

Colombia's Promigas expands into solar power with $456.4mn Zelestra deal

Promigas has completed the acquisition of 100% of renewable energy platform Zelestra Latam for $456.4mn, expanding into utility-scale solar generation across Colombia, Peru and Chile as the Colombian energy company seeks to strengthen its position

ContourGlobal starts Chile hybrid plant with Latin America's longest-duration battery storage

UK-headquartered clean energy group ContourGlobal has commenced commercial operations at its Victor Jara hybrid plant in Chile's Tarapacá region, marking a significant milestone for renewable energy storage in Latin America.

Australia’s battery boom enables more than half of new solar output to be shifted beyond daylight hours

Australia installed enough battery storage capacity in 2025 to shift 53% of newly generated solar electricity beyond daylight hours, as the battery revolution accelerates.

Philippine rooftop solar boom makes country China’s second-largest export market in 2026

The Philippines has emerged as China’s second-largest export market for solar panels so far in 2026, driven by a rapid expansion of rooftop installations as households and businesses seek relief from some of the highest electricity prices in Asia.

Zimbabwe's power import bill slumped by 44% in 2025 on 2024 spend, central bank says

Zimbabwe spent $117mn importing electricity in 2025, down from $209mn in the previous year due to expanded output from a new coal-fired power plant.

UNDP says Sudan’s power grid suffered $3bn in war-related damage, accelerating solar adoption

Sudan’s civil war has inflicted up to $3bn in damage on the country’s electricity infrastructure, according to a UNDP study, accelerating reliance on decentralised solar systems amid fuel shortages and currency depreciation.

Ghana scales up solar and mini-grid rollout to drive green energy transition

Ghana is preparing to expand solar, mini-grid and off-grid renewable energy projects nationwide as the government pushes to accelerate the country’s transition toward a low-carbon economy.

Angola says on target to expand power generation capacity to 9,000 MW by 2027

Angola’s government aims to increase electricity output to 9,000 megawatts (MW) from 6,400 MW by 2027 following the completion of a new hydroelectric power plant.

Indonesian energy, agrarian ministries assign 24,000 hectares land for $71.3bn solar blitz

The Indonesian government has mobilised a land-banking and grid-integration framework to launch a renewable energy deployment

The magnet wars and how China still holds the keys to electric mobility

While Western carmakers rush to roll out new electric models, their production lines remain tethered to an extraction and refining network dominated by a single superpower - China.

Pakistan considers ending preferential tax treatment for EVs, hybrids in FY27 budget

Electric and hybrid vehicles in Pakistan could become substantially more expensive from the next fiscal year as the government weighs the removal of preferential tax treatment under proposals being discussed for the federal budget 2026-27.

Sunsure commissions 105 MWp solar project in India's Uttar Pradesh

Sunsure Energy has commissioned a 105-MWp solar power project in Uttar Pradesh's Mahoba district, strengthening its renewable energy footprint in one of India's fastest-growing industrial states.

Polish utility ZE PAK trims losses in Q1 2026 while speeding up brown coal phase-out

Polish power group ZE PAK has made significant strides in its pivot away from fossil fuels, announcing that it has halted continuous brown coal extraction and electricity generation as it targets a total exit from the coal business by mid-2026.

Oman temperatures near 50°C as early summer heatwave grips country

Temperatures in Oman have approached 50°C in an early summer heatwave, with Saham hitting 48.6°C, as the Ministry of Labour prepares to enforce its annual midday outdoor work ban.

Renewables make up nearly two-thirds of Turkey’s installed power capacity

Turkey’s installed electricity capacity stood at 125,410 megawatts by the end of April, according to the Ministry of Energy and Natural Resources.

Tanzania launches waste-to-energy study in three major cities

Tanzania’s National Environment Management Council (NEMC) has launched a feasibility study in Dar es Salaam, Dodoma and Mwanza to assess whether urban and agricultural waste can be commercially converted into energy.

Putin visit to Kazakhstan fails to clarify nuclear power plant financing issue

Astana trying to stay in Kremlin’s favour.

Greencoat Renewables moves to JSE Main Board with dual primary listing

The Johannesburg Stock Exchange (JSE) said Greencoat Renewables Plc (Euronext Dublin/AIM: GRP) has transitioned from a secondary listing on the AltX to a dual primary listing on the JSE Main Board.

Electric and hybrid vehicle sales in Kazakhstan surge nearly fivefold

Sales of electric and hybrid passenger vehicles in Kazakhstan reportedly surged nearly fivefold in January to April as Chinese brands expanded their market presence and consumers increasingly opted for plug-in hybrid and extended-range models.

Nigeria signs concession deal for 460MW Grand Katsina-Ala hydropower project

Nigeria has signed a concession agreement for the 460MW Grand Katsina-Ala Hydropower Project in Benue State, appointing Maverick Energy Partners to develop and operate the facility under a 35-year public-private partnership framework

Anzana secures $20mn BII facility for African hydropower projects

Anzana Electric Group has secured a $20mn senior secured debt facility from British International Investment (BII) to develop small run-of-river hydropower projects across Africa.

Oyster Renewable, Dalmia Cement to develop 31.6-MW hybrid renewable energy project in India

Oyster Renewable Energy Pvt Ltd and Dalmia Cement (Bharat) Ltd (NSE: DALBHARAT) have announced plans to develop a 31.6-MW solar-wind hybrid renewable energy project in Andhra Pradesh’s Kadapa district.

Ørsted completes cable works at Taiwan offshore wind farm

The developer said all 42 turbines at the project’s second phase, the 583-MW Greater Changhua 4 wind farm, are now connected to Taipower’s grid and generating electricity.

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.