REM - Renewable Energy

Massachusetts approves power contracts for offshore wind farms despite developers’ objections

Massachusetts regulators have approved power purchase agreements for two large offshore wind farms despite the developers’ objections.

REM: Massachusetts approves power contracts for offshore wind farms despite developers’ objections

Ireland issues preliminary consent for seven offshore wind projects

Ireland has issued preliminary consents for seven offshore wind projects. The Maritime Area Consents (MACs) mean that the wind farms can enter the planning system.

Vestas announces almost 1.5 GW of wind turbine orders

Danish wind turbine manufacturer Vestas has announced almost 1.5 GW of orders in the second half of December.

Simply Blue, Eolus granted research permit for 1- to 2-GW floating wind project off Finland

SeaSapphire, a joint venture of Ireland’s Simply Blue Group and Sweden’s Eolus, has received a research permit for a floating offshore wind farm in the Gulf of Bothnia off Finland.

H2Carrier, Anori to develop large wind and green ammonia project in Greenland

H2Carrier of Norway and the Greenland-based company Anori have agreed to co-operate on the first commercial wind farm in Greenland, with subsequent production and export of green ammonia.

Eletrobras, Shell may co-invest in Brazil offshore wind

Oil supermajor Shell and Brazilian utility Eletrobras will co-operate to exchange information as they consider potential co-investment in offshore wind off Brazil.

Tehran faces severe water crisis with reservoirs only 14% full

Head of national climate and drought crisis management centre hits out at “gross mistake” of officials announcing new home building plans in a city running out of water.

Istanbul-listed Ford Otosan obtains €200mn syndicated loan for electric vehicle investment

Pemex sees ESG challenges affecting future funding efforts

Mexico's Pemex has expressed concern about its ability to uphold pledges to transition from fossil fuels to renewable energy, saying that future efforts to raise funding may hinge on ESG issues.

China looks north for clean energy

Zimbabwe's ban on lithium ore exports will not affect large mines, top officials say

FT: Brussels mulls energy market reform to curb renewables’ cost

The European Commission plans to overhaul the EU’s electricity market to prioritise cheaper renewable power, the EU’s energy commissioner has told the Financial Times. But industry representatives say the changes could hamper investment.

Kazakhstan moves uranium exports through Middle Corridor

Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.

Tajikistan’s Rahmon gives speech on value of hydro

Russian invasion has caused $35bn worth of damage to Ukraine's environment

Russia’s full-scale invasion of Ukraine has caused $35.3bn worth of damage to Ukraine’s environment, the Kyiv Independent reported on January 2.

Lithuania issues call to submit bids to survey seabed for offshore wind farm's link to land

Masdar, PowerChina and Volatilia win 500 MW power tender in Uzbekistan

bneGREEN: Slovenia to issue second sustainability bond

Proceeds to fund state investments that contribute positively to environmental and social goals.

IFC supports SME funding and climate loans in Serbia

Community Windpower to sue the UK government over “discriminatory” Electricity Generator Levy

Community Windpower says it will sue the UK government over the “discriminatory” Electricity Generator Levy (EGL), which came into effect on January 1, unless it is amended to be fairer.

Uganda receives $25mn grant for rural solar mini grids to facilitate clean energy transition

Zimbabwe, Zambia seek African Development Bank support to raise $4.5bn to build 2,400MW power project

Tajik-Turkish JV to export electric buses to EEU countries

California reduces utility payments for homes with rooftop solar

In a controversial move, California, the US’ largest solar market, has slashed payments for homeowners with rooftop solar who feed surplus electricity back to the grid. The move may have national implications.