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REM covers information across all main renewable energy sources, including onshore and offshore wind, solar, geothermal, biomass, biofuels, hydro, wave, tidal and marine. It also gives insight into new and developing technologies such as algal biofuels and advanced storage, keeping our customers abreast of the latest updates and innovations relevant to any of the above sectors.
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Northern Lights partners okay FID for offshore Norway CCS project
Equinor, TotalEnergies and Shell have agreed the final investment decision for phase two of the Northern Lights carbon capture and storage project, located in the North Sea west of the Norwegian port of Bergen.
Nigeria's Rivy raises $4mn to scale clean energy financing across Africa after rebrand
Nigerian fintech company Rivy, formerly known as Payhippo, has secured $4mn in pre-Series A funding to expand its clean energy financing operations across Africa, following a strategic rebrand and pivot towards sustainable energy lending.
Shell abandons large-scale renewable projects in Brazil
Energy major Shell is discontinuing its solar and onshore wind power generation projects in Brazil as part of a "portfolio adjustment."
Kazakhstan launches World-Bank-supported Partnership for Market Implementation to boost carbon market
Kazakhstan has officially launched the World Bank-supported Partnership for Market Implementation (PMI) project, designed to enhance its national carbon market and accelerate the country’s shift toward green, resilient economic growth.
Croatia's INA starts geothermal drilling near Durdevac
US grants historic approval to Holtec to build and design nuclear reactors in India
US-based Holtec International has been approved by the US Department of Energy (DoE) to build and design nuclear reactors in India
World Bank approves $173.5mn loan to support Azerbaijan’s renewable energy infrastructure
The World Bank’s Board of Executive Directors has approved a $173.5mn loan to finance the Azerbaijan Scaling-Up Renewable Energy project.
Talks for Brazil’s Aeris Energy sale stall, but new investor possible
Negotiations between Aeris Energy and China’s Sinoma Blade for a potential acquisition have stalled, but the company is considering bringing in a strategic investor to address financial difficulties.
Calm weather left Germany reliant on coal power stations, despite building more wind farms
Germany's electricity market saw onshore wind power generation decline due to unusually low wind speeds in March, forcing the grid operator to switch to fossil fuel plants to meet the country's energy demands.
IDB commits $300mn to Colombia's sustainable development initiatives
The Inter-American Development Bank (IDB) has approved a $300mn loan to bolster Colombia's sustainable economic growth, focusing on climate action, natural capital utilisation, and energy transition.
Brazil’s Eletrobras deal expands government influence
Eletrobras, Brazil’s largest electricity utility company, has signed an agreement with the federal government to expand the Union’s representation on its Board of Directors, the company said in a press release, O Globo reported.
Colombia's Celsia to invest $316.5mn in renewable energy projects
Colombian power producer Celsia has unveiled plans to allocate up to COP1.3 trillion (approximately $316.5mn) towards renewable energy projects in 2025.
Eesti Energia launches voluntary takeover bid of Enefit Green
Eesti Energia, Estonia’s state-owned energy group, has launched a takeover bid to acquire full ownership of its renewables subsidiary, Enefit Green, the largest wind energy producer in the Baltics.
Saudi national afforestation programme to launch digital monitoring platform
Saudi Arabia's National Afforestation Programme will soon launch an electronic platform to monitor projects interactively and provide accurate, real-time reports to officials and stakeholders.
Bayas del Sur inaugurates Chilean battery storage system
Bayas del Sur, a Chilean company specializing in berry product processing, has inaugurated a new 200-kW, 800-kWh battery energy storage system at its facility in Purranque, Los Lagos region.
Ghana secures $25bn climate deal in major public-private partnership
Ghana has struck a landmark $25bn agreement with the private sector to combat climate change and drive sustainable development, marking one of the largest nature-based initiatives globally.
South Korea’s KHNP holds meeting with Kazakhstan’s Nuclear Energy Agency in Astana
Korea Hydro & Nuclear Power (KHNP), a subsidiary of Korea Electric Power Corporation, and Kazakhstan’s newly formed Nuclear Energy Agency (NEA) held a meeting in Astana to explore potential collaboration in the development of nuclear energy.
US sends Kyiv an even harsher fourth version of the mineral deal
A new draft of the proposed US-Ukraine minerals deal has drawn criticism in Kyiv as the new demands are even harsher than the previous three versions.
India’s nuclear power generation capacity rises to 35,333 MW
India’s nuclear power generation capacity has increased from 22,480 MW in 2014 to 35,333 MW currently, while installed capacity has doubled from 4,780 MW to 8,880 MW
Pará’s bioeconomy push could boost GDP and jobs in Brazil
Pará state could become a centre for Brazil’s bioeconomy, with BRL720mn ($125.3mn) in investment potentially adding BRL816mn to GDP and generating BRL44mn in tax revenue.
Brazil pushes for ethanol edge in Japan
A Brazilian delegation in Japan is advocating for the country to prioritise Brazilian ethanol under a new biofuel mandate, arguing it has a lower carbon footprint than US ethanol.
Uzbekistan to supply uranium to France under €9mn transit deal with Kazakhstan
Uzbekistan has signed a contract with Kazakhstan’s TOO Logistic Centre to transit uranium concentrate to France via Russia’s St Petersburg port, according to data from Uzbekistan’s Commodity Exchange (UZEX).
TSXV-listed Lithium ION Energy enters binding JV agreement with SureFQ to advance Urgakh Naran lithium project in Mongolia
TSXV-listed Lithium ION Energy on March 27 announced that it has entered into a binding joint venture agreement with SureFQ to advance its Urgakh Naran lithium project in Mongolia.
Kyrgyzstan warmed twice as fast as global average between 1960 and 2023 says UNEP Atlas report
The UN Environment Programme (UNEP) has released its Atlas of Environmental Change for Kyrgyzstan, with the warning that average annual temperatures in the Central Asian country rose by 1.2°C between 1960 and 2023, or double the global average.
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