REM - Renewable Energy

Bioeconomy’s forest future faces old lessons in Brazil

ERG and China’s TCC to build Kazakhstan’s first ferroalloy-gas power plant

Luxembourg-headquartered Eurasian Resources Group (ERG) has signed an engineering, procurement and construction (EPC) contract with China Tianchen Engineering Corporation (TCC) to build Kazakhstan’s first ferroalloy-gas utilisation power plant.

Cuba and China deepen mining ties amid strategic realignment

Cuba and China have formalised a new memorandum of understanding to enhance bilateral cooperation in the geological and mining sectors.

Romania to fast-track completion of hydropower projects under national security designation

Romania will classify its unfinished hydropower infrastructure as a national security priority in May, with the aim of accelerating their completion and integrating them into the national grid, acting President Ilie Bolojan announced.

Indonesia’s Indorama to invest $2bn in US blue ammonia project amid rising tariffs

Indonesia’s Indorama Corporation is set to invest $2bn (approximately IDR34 trillion) in a blue ammonia facility in Louisiana, United States, as part of its global expansion strategy and in response to new US trade barriers

Indonesia greenlights first nuclear power plant with Rosatom, targets 2030 launch

Indonesia has approved a landmark proposal from Russian state-owned nuclear giant Rosatom to build the country’s first nuclear power plant, with operations expected to begin between 2030 and 2032

Pakistan approves 10-year power expansion plan, to save $17bn by scrapping costly power projects

Prime Minister Shehbaz Sharif has approved the revised 10-year Indicative Generation Capacity Expansion Plan (IGCEP 2024–34), which is projected to save the national economy PKR4,743bn ($17bn) by eliminating nearly 8,000 MW of expensive power project

Lautec secures key inspection role for Taiwanese offshore wind development

Lautec has entered into a consultancy framework to provide inspection expertise for the 495 MW Fengmiao 1 offshore wind farm, situated around 35 kilometres from Taichung City, Taiwan.

Iranian investors deterred by red tape, lack of incentives from developing renewables

Iran’s efforts to drum up investment in renewable energy have backfired, a survey has found, blaming bureaucratic hurdles and a lack of financial incentives for driving investors away from the sector.

Bulgaria, Romania in talks with US on hydropower, nuclear power plants

DTEK to build 500 MW of energy storage capacity as Ukraine targets power resilience

DTEK Renewables, a subsidiary of Ukraine’s largest private energy group, has announced plans to develop energy storage facilities (ESF) with a total capacity of up to 500 megawatts.

Azerbaijan’s central bank unveils green finance roadmap

Enel Chile announces significant divideds amid rising renewable operations

Enel Chile S.A. has declared a significant dividend distribution following approval from its Ordinary Shareholders' Meeting, confirming plans to distribute a final dividend of CLP 72,556,076,401.

Azerbaijan builds large substation to integrate 2 GW of renewable energy

Biofuel production needs $1bn investment, says Wood Mackenzie director

Increasing the production of biofuels will require investment of around $1bn, according to Ian Simm, director at Wood Mackenzie, who spoke at the Caspian and Central Asia Oil trading and logistics forum in Baku last week.

Spanish blackout caused by extreme weather and a major renewables failure for the first time

A widespread blackout that plunged Spain, Portugal, Andorra and parts of southern France into darkness this week was caused by extreme weather events that saw the renewable power system collapse, as now the third disaster starts.

Fortum has no intention to return to Russia

Renewable energy major Fortum has no intention to return to Russia, the company said in its 1Q25 interim financial report.

Israel faces major wildfires in Jerusalem hills as authorities evacuate villages

Multiple wildfires are spreading rapidly through the Jerusalem hills area, forcing evacuations, closing major highways, and prompting Israel to request international firefighting assistance.

Iraq facing worst drought in history as water resources dwindle and climate crisis intensifies

Iraq is facing what officials are calling the "worst drought in its history," as water resources continue to dwindle and agricultural land deteriorates across the country, threatening both human security and economic stability.

Caspian Sea may become next Aral, but who is to blame?

Some forecasting even indicates the decline of the body of water could pose a threat to the shipping section of the rapidly expanding Middle Corridor transit route.

Output of Romania’s Hidroelectrica down 38% y/y in Q1

Romania’s state-controlled energy producer Hidroelectrica (BVB: H2O) reported a 38% year-on-year drop in gross electricity output in the first quarter of 2025, to 2,735 GWh.

France’s Engie buys 54 MW ready-to-build wind project in eastern Romania

The Romanian subsidiary of the French utility group Engie announced that it has completed the acquisition of a 54 MW ready-to-build wind project in Mereni, Constanța County.

Enevo-led consortium delivers 69 MW solar park to Danish Eurowind in central Romania

A Romanian-led engineering consortium headed by Enevo Group has completed and delivered a 69 MW solar park to Danish renewable energy developer Eurowind in Teiuș, Alba County, central Romania.

Chipping point – the climate toll of AI chip-making in East Asia

The meteoric rise of AI is sparking a parallel and largely overlooked environmental challenge: the significant climate impact of chip manufacturing, particularly in East Asia, says a new report from Greenpeace.

Taiwan approves over $414mn in semiconductor and green energy investments

Taiwan’s Ministry of Economic Affairs (MOEA) has approved six major investment cases totalling more than TWD13bn ($414mn), signalling strong momentum in the semiconductor and renewable energy sectors