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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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Vietnam Electricity Group to take a credit from Germany's KfW development bank to expand the Tri An HPP
The two parties held talks on July 26 and are close to agreement, the newswire reported, with a deal expected to be signed in November to coincide with a government-level meeting on Vietnam-Germany development co-operation.
China ahead of schedule on Xudapu 3 as Beijing awaits Russian reactors
one of the main construction hurdles for any nuclear power plant has been completed at the Xudapu unit 3 site in north-east China, a full six months ahead of schedule: the installation of the dome over the main reactor building.
Chinese consortium to build four hydro plants in Kyrgyzstan worth between $2.4bn and $3bn
ArcelorMittal South Africa posts $25mn loss in half year to June 2023 due to worsening electricity shortage
ArcelorMittal South Africa posted a $25mn loss induced by electricity shortages in the interim period to June 30 but expects steel demand from renewable energy projects to boost sales over the remainder of 2023.
Metals explorer Lindian pays $10mn towards purchase of 'globally significant' Malawi rare earths project
Africa’s untapped offshore wind energy potential
A background paper by the African Development Bank (AfDB) estimates that Africa has an annual offshore renewable energy production potential of 44.52 TWh of electricity.
Algeria accepts 77 proposals for establishing 2-GW solar plants
Algeria's state-owned gas utility Sonelgaz said on July 26 it had accepted 77 proposals from local and international firms bidding to establish 2 GW of solar energy plants after opening the technical bids in an auction.
Kyrgyzstan announces signing of 10 deals worth $2.5bn at Issyk-Kul international economic forum
Armenia's draft budget for 2024 reflects funds allocation for nuclear plant service life extension
Costs surge in offshore wind, rattling the sector
Swedish giant utility Vattenfall recently halted a wind farm project, the Norfolk Boreas offshore site off the UK, citing costs that had become inflated by 40%.
Funding secured for North Adriatic Hydrogen Valley project
Consortium leader HSE says project will put Slovenia on the hydrogen future map.
Carlton Power secures UK consent for the world’s largest battery energy storage scheme
UK-based Carlton Power, an independent energy infrastructure development company, has secured planning permission for the world’s largest battery energy storage scheme (BESS).
Albania awards 222.48 MW of wind capacity to three bidders
Three bidders have been awarded a combined wind power capacity of 222.48 MW in the Albanian government’s inaugural utility-scale bidder-selected site auction for onshore wind, the EBRD announced on July 26.
Meyer Burger announces solar cell production in Colorado
Meyer Burger Technology of Switzerland will open a plant for high-performance solar cells in Colorado Springs, Colorado in the US.
Istanbul-listed Akbank sells $300mn 10-year subordinated eurobond at 9.60% coupon to EBRD, IFC, AIIB
India working to become global hydrogen hub in years ahead, says PM Modi
India’s Prime Minister Narendra Modi has made his most outspoken comments to date on his vision of India becoming a regional and global hydrogen hub in the years ahead.
Masdar launches first $750mn, 10-year green bond
Abu Dhabi Future Energy Company PJSC – Masdar – has announced the successful completion of its first green bond issuance for $750mn 10-year senior unsecured notes.
China’s Goldwind may enter Spanish wind sector
Chinese wind turbine manufacturer Goldwind is seeking to buy wind projects in Spain and to establishing manufacturing there.
GE Renewable Energy losses lower in Q2
Sales at GE Renewable Energy in the second quarter lost $359mn on an operating basis – an improvement compared with a year ago – and bettered its revenue forecast.
Octopus Energy investing GBP15bn in offshore wind
UK-based Octopus Energy will invest GBP15bn ($19.2bn) in offshore wind, mostly in Europe, by 2030. Octopus will invest in 12 GW.
Uzbekistan’s EV imports surge in 1H23
Slovenia to install solar plants along motorways
US to auction 3.7 GW of offshore wind leases in Gulf of Mexico on August 29
The US Bureau of Ocean Energy Management (BOEM) will auction 3.7 GW of seabed in the US Gulf of Mexico on August 29.
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