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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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UAE firm Ignite Power signs $24mn carbon offtake agreement with SEFE
JCM Power-led consortium wins bid for Pakistan’s first utility-scale hybrid renewable project
A consortium led by Canada-based renewable energy company JCM Power has been declared the lowest bidder for Pakistan’s first utility-scale hybrid renewable energy project, the company announced on September 25.
IREDA to facilitate foreign-currency loans for Indian export-oriented green energy developers
Indian Renewable Energy Development Agency Limited (IREDA) is working on facilitating foreign-currency loans for export-oriented developers through its subsidiary, IREDA Global Green Energy Finance IFSC Limited, at GIFT City, Gujarat.
Sterling and Wilson Renewable Energy bags orders worth $61mn in India
Sterling and Wilson Renewable Energy Limited, an Indian renewable EPC company, announced on September 24 that it had secured two new domestic orders from private independent power producers (IPPs) valued at approximately INR5.12bn ($61mn).
G7-led effort to phase out coal plants faces delays as Indonesian power deal stalls
Efforts to accelerate the closure of coal power plants in developing nations, backed by G7 countries, have encountered further delays.
Only 40% of major companies, cities and regions have emissions targets, warns Net Zero Tracker
More than 40% of major companies, cities and regions have not yet set targets to curb their greenhouse gas emissions.
ERM launches carbon credit sourcing platform
London-based sustainability advisory firm ERM has launched its own carbon credit sourcing platform.
Zimbabwe renewable energy sector gets $100mn support from Old Mutual
Elementum Energy plans €500M wind power expansion in Ukraine
Elementum Energy, owned by VR Capital, is set to invest over €500mn in wind power projects across Ukraine, with plans to build approximately 400 megawatts (MW) of wind power capacity in the country's south and west in the coming years.
Iran aims to add 4,000 MW of green power within year to ease electricity deficit
Iran aims to ramp up its clean energy production capacity by 320% over the next year, with an additional 4,000 MW in the pipeline amid a lingering power deficit.
UN climate summit pledge to triple investment into green energy likely to fail due to lack of cash
At the “Summit for the Future” climate summit in New York, the world’s leading powers are under pressure to announce new strategies to triple global renewable energy capacity, when the current rate of investment is only a third of that needed.
Turkey’s EPIAS forms partnership with carbon credit agency Verra
Energy transition slows as global oil and gas industry refocuses on fossil fuels – report
ENNA Group to invest €1bn in energy and logistics
Bulgaria's Solaris launches 32-MWp hybrid photovoltaic plant
Solaris Holding has launched a plant for production and storage of green energy in the city of Pernik.
Solar power sees record gains in 2023
Renewables generated 30% of global electricity for the first time in 2023, on the back of strong growth in solar and wind generation.
Zelestra secures $146mn financing package for solar photovoltaic plant in India
Renewable energy firm Zelestra has secured a €132mn ($146mn) project financing package for its Gorbea solar photovoltaic plant in India, the company announced last week.
India’s AM Green acquires Finland-based Chempolis Oy and Fortum 3
Hyderabad-based energy transition solutions provider AM Green Technology and Solutions announced on September 23 that it has signed binding deeds to acquire Finland’s Chempolis Oy and Fortum 3 B.V., marking its entry into the biofuels industry.
IREDA, Punjab National Bank to strengthen their partnership in renewable energy financing
Indian Renewable Energy Development Agency Limited and Punjab National Bank are seeking to strengthen their partnership in renewable energy financing, IREDA announced on September 24.
Erste Bank to invest €47mn in Serbia’s largest wind farm project
Erste Bank Serbia has signed a financing agreement with Masdar and Taaleri Energia to invest €47mn in the construction of the Cibuk 2 wind farm, set to become Serbia’s largest renewable energy project.
Norway's Equinor axes plan for hydrogen pipeline to Germany
Norwegian state oil firm Equinor has abandoned a project to pipe blue hydrogen to Germany citing high costs and insufficient demand.
US sustainability platform reports 15% drop in corporate emissions between 2018-22
The median carbon footprint of corporations has decreased by 15%, according to US-based sustainability platform Watershed’s updated emissions factor database.
UK oil and gas sector more than halves methane emissions since 2018
The UK’s oil and gas sector has more than halved methane emissions since 2018 and reduced overall emissions from oil and gas production by 28% during the same period.
Ukraine could export 100mn cubic metres of biomethane by year-end, says agricultural holding
Ukraine could export 100mn cubic metres of biomethane by the end of 2024.
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