REM - Renewable Energy

Iran launches domestic solar inverter as renewables, nuclear capacity expansion accelerates

Iran unveiled a domestically produced 250-kilowatt solar inverter and a national testing laboratory aimed at reinforcing the domestic renewable energy supply chain.

UAE’s Alcazar in talks to acquire Egyptian Gabal El-Zeit wind farm for up to $350mn

The UAE-based Alcazar Energy is in negotiations with the Sovereign Fund of Egypt and the Egyptian Ministry of Electricity to finalise the acquisition of the Gabal El-Zeit wind power complex on the Red Sea coast

Colombia clears 200-MW Ariguaní solar park, lifting renewables capacity pipeline

Colombia’s environmental regulator has granted approval for the 200-MWac Ariguaní solar project in the northern department of Cesar, clearing the way for construction after determining the plant meets technical and environmental standards

Colombia's Petro proposes electric shift for 54,000 taxis with subsidies and higher import tariffs

Colombian President Gustavo Petro outlined a government plan to accelerate the electrification of the country’s taxi fleet, proposing financial incentives for up to 54,000 vehicles to transition from internal combustion engines to electric models

Tokayev calls Kazakhstan’s nuclear power plans a remedy to an “historical absurdity”

President Kassym-Jomart Tokayev has characterised Kazakhstan’s plans to build nuclear power plants as a remedy to an “historical absurdity”, noting the country's uranium riches.

Zambia launches construction of 100MW solar power project

Hyundai and Kia project 7.51mn global vehicle sales for 2026

Philippines clears 29GW in renewable energy ventures

Government authorities in the Philippines have issued official permits to greenlight over 29GW of wind and geothermal initiatives.

China's Hoymiles enters Pakistan with solar energy storage solutions

Chinese inverter manufacturer Hoymiles has entered the Pakistani market to offer advanced, long-duration energy storage solutions for residential, commercial and industrial users, leveraging solar power for electricity consumption

Global leaders to gather for Abu Dhabi sustainability forum

Dubai marinas introduce recycled cooking oil as yacht fuel

Turkmen progress in extinguishing “Door to Hell” fiery gas crater is “visible”

Turkmenistan has made visible progress with its plan to extinguish its fiery Darvaza gas crater, known as the “Door to Hell”.

Demand for wildfire catastrophe bonds surges in 2025

The market for wildfire catastrophe bonds surged in 2025, with more than $5bn in new issuance — more than double the previous year’s total — as investors start to grapple with the accelerating Climate Crisis.

Southern Vietnam approves major waste project to process 600 tonnes daily

A southern Vietnamese province has given the green light to a major waste-to-energy development aimed at tackling mounting rubbish volumes and reducing reliance on landfill sites.

NTPC explores minority stake in US-based Clean Core Thorium Energy

Indian state-owned power producer NTPC has entered discussions to acquire a minority stake in US-based nuclear fuel technology firm Clean Core Thorium Energy as part of its efforts to expand its nuclear energy portfolio

India scales up clean energy push with 132 compressed biogas plants, expands upstream reforms

India has commissioned 132 compressed biogas plants with a combined production capacity of 920 tonnes per day, marking steady progress in building a cleaner and more decentralised renewable energy ecosystem

Kyrgyzstan inaugurates first solar power plant

President Sadyr Japarov said at the launch ceremony that the 100-megawatt facility was constructed with $56mn in Chinese investment and represented one of the largest foreign investments in Kyrgyzstan’s renewable energy sector to date.

EBRD and KfW back €87mn solar project at former coal mine in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is providing a sovereign-guaranteed loan of up to €37mn to Elektrani na Severna Makedonija (ESM), North Macedonia’s state-owned electricity generation utility.

Taiwan’s Formosa 4 finds buyers, seeks financing push

All of the electricity from Taiwan’s 495-MW Formosa 4 offshore wind project has now been sold, underscoring strong corporate demand for clean power but also highlighting lingering financing hurdles.

Vestas breaks into South Korea’s offshore wind market

Vestas has landed its first offshore wind contract in South Korea, marking a key foothold in a market the Danish turbine maker has long been keen to enter.

Vietnam’s T&T Group brings Laos wind project into commercial operation

The project, located in Savannakhet province, comprises 48 onshore wind turbines that together deliver 300MW of installed capacity.

Maybank sees sustained momentum for Malaysia’s renewables as pipeline moves into execution

Malaysia’s renewable energy sector is expected to maintain its growth trajectory into 2026, supported by a strong pipeline of large-scale solar and energy storage projects moving into the construction and commissioning phase.

Japan turns sustainable finance ambition into delivery

Japan’s sustainable finance agenda moved from vision to execution in 2025, marking a year in which policy intent, market standards and capital mobilisation began to align at scale.

Saudi Arabia's ACWA Power acquires wind energy projects in China totalling 1,250 MW

Saudi Arabia's ACWA Power acquires Chinese wind energy projects totalling 1,250MW including one operational 250MW facility and four under-construction projects whilst increasing Shuaibah Water and Electricity Company stake from 30% to 62%.

Masdar seals deal for Malaysia’s largest floating solar scheme

Abu Dhabi-based renewable energy group Masdar has agreed a power purchase agreement to build a 200-MWac floating solar project in Malaysia.