REM - Renewable Energy

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

Russia starts designing domestic CO2 tax system

Czech energy company EPIF, Slovakia´s Eustream and NAFTA and German RWE to explore development of hydrogen production in Slovakia

New tariffs on solar imports would jeopardise nearly 30% of upcoming installed capacity, warns trade group

New tariffs on imported solar products from Malaysia, Thailand and Vietnam could obstruct almost 30% of the solar capacity the nation is expected to install over the next two years, says a major trade group.

Russian EN+ major presents net-zero carbon report

IRENA, GWEC set 380-GW target for 2030

The Global Wind Energy Council and the International Renewable Energy Agency have set a target of 380 GW of offshore wind installations by 2030, and 2,000 GW by 2050, in a bid to reach international net-zero targets by 2050.

SA says it needs finance to make its tougher greenhouse gas targets a reality

South Africa, the world’s 12th-biggest emitter of greenhouse gases, will be pushing hard for extra finance at the climate change conference in November in Glasgow to help it shed its coal addiction.

ING: ECB’s push for net-zero carbon will grow ESG credit

In the push for reducing carbon, significant investment will be necessary, and in turn, funding will be required. This will provide growth for the credit market, and in particular for anything associated with ESG.

Study highlights Mexico’s green hydrogen potential

Mexico has strong potential for the development of green hydrogen projects, according to a newly released study commissioned by the German-Mexico Energy Partnership.

Danish renewable energy group sees Romanian market as “increasingly interesting”

UAE, Tashkent to ramp up cooperation in green projects

General Electric unit wins contract to supply solar power conversion solution for 1.1 GW of PV projects in Turkey

Green Deal, CBAM poses high risks to poorer African, Eastern European countries

The EU’s Green Deal and Carbon Border Adjustment Mechanism will hit the EU’s trading partners in Africa and non-EU Eastern Europe particularly hard.

Dispute over Croatian geothermal project sours relations with Turkey

Croatia is working intensively to decarbonise its energy sector, minister says

Serbia and US to cooperate on energy transition

bneGREEN: Western Balkans power plants in doubt after China to drop overseas coal projects

What Chinese President Xi Jinping’s commitment not to back new coal-fired power plants abroad means for Bosnia and Serbia’s plans to invest into more coal power capacity.

Construction of Georgia’s Namakhvani hydropower plant cancelled

South African energy company plans a green reform with new ambitious emissions targets

South African energy and chemicals company Sasol announced ambitious emissions reduction targets on 22 September, and will not be investing in new coal projects. Instead it is changing direction to a new sustainable solutions business.