REM - Renewable Energy

Australia funds CCUS development

The Australian government has committed AUD250mn ($180.9mn) to speed up the development of commercial-scale carbon capture, use and storage (CCUS) projects and hubs across Australia.

South Africa meets global climate envoys, asks for financial aid to go green

South African cabinet ministers met climate envoys on Tuesday, 28 September for talks on climate finance options that would help it shed its coal addiction and move to a green economy. South Africa was adamant that it needed financial aid.

Bechtel interested in large-scale investments in green energy in Serbia

Chariot signs MoU on green hydrogen project in Mauritania

UK-based Chariot said earlier this week that it had signed a memorandum of understanding (MoU) with Mauritania’s Ministry of Petroleum, Mines and Energy on a proposed green hydrogen project.

Hydro capacity needs to double to meet green goals

Global hydro capacity needs to double by 2050 if water-based power is to make a meaningful contribution in the race to net zero, IRENA director-general Francesco La Camera has warned

China to reach peak emissions earlier to guarantee net-zero goals

China, the world’s largest energy consumer and carbon emitter, needs to reduce its current emissions pledges by 20% by 2030 if it is to come good on its commitments to achieve carbon neutrality by 2060.

AsiaElec: Asia’s poorest nations call for rich states to keep their $100bn funding promises

A group of 11 of Asia’s poorest countries have called on the world’s richest states to keep to their promise of $100bn per year in climate finance in order to protect some of the world’s most vulnerable countries from climate change.

Russian utility players to co-ordinate green activity

Russia starts multi-year national consultation on carbon taxation system

Offshore wind prospects surge in NY, California, but lacklustre response to solicitation in Massachusetts

New York City announces a 15-year, $191mn plan to become a centre for the offshore wind sector, California will now accelerate offshore wind development, but in Massachusetts, only two companies submitted proposals for a recent solicitation.

Tax-advantaged partnerships for oil and gas being considered for US renewable energy – report

Tax-advantaged partnerships typically used to benefit the US’s oil and gas industry are being considered for renewable energy, reports Reuters

Istanbul listed Aksa Enerji to build 35 MW solar plant at 270 MW thermal plant

Blue hydrogen on a par with green in climate terms, study finds

Power generation from renewables in Turkey cheaper than imported coal power says report

EBRD helps Western Balkan households invest in energy saving technologies

ENERGO: Low-carbon energy at 90% by 2035, Russia tells the world

Hong Kong ZRSC Technology to invest $43mn in Uzbekistan EV production

Uzbekistan to study Hungary’s experience in nuclear power construction, Kazakhs raise NPP concerns

African cities need billions to cope with climate change by 2050

Investments of some $280bn will be needed to combat the effects of climate change in 35 cities in South Africa, Kenya and Ethiopia by 2050, new research shows.

Turkey’s Karsan sets out to capture chunk of European electric bus market with e-ATA series

Russian Gazprom Neft and Aeroflot to develop “green” aviation fuel

Elektroprivreda RS in talks over Trebinje 1 solar power plant

REM: EBRD, EU and GCF support green investments in Morocco

Climate envoys head to South Africa to negotiate green finance

Climate envoys from the US, UK, France and Germany will arrive in South Africa this week to negotiate its transition to a green economy. The officials are expected to land on Monday, 27 September, for a series of meetings with SA energy policymakers.

EBRD president urges Kazakhstan to press ahead with natural gas projects with focus on transition fuel