REM - Renewable Energy

Has green energy had its day?

Global efforts to combat climate change are being endangered by the global COVID-19 pandemic, the war in Ukraine and the current energy crisis.

Turkey’s EVbee raises TRY8mn via crowdfunding

Cracks appear in German opposition to atomic energy

Germany’s opposition to expanding nuclear power could be changing slowly, as the current gas crisis leads to more voices calling for an end to the closure of nuclear power plants.

General Electric to build hybrid wind+solar plant for Turkey’s Sertavul

EBRD resumes sustainability work in Ukraine despite war

The EBRD has resumed work on urban sustainability with the western Ukrainian city of Khmelnytskyi through its flagship EBRD Green Cities programme.

Morocco launches tender for Noor Atlas photovoltaic solar plant

Italian energy group Eni to increase investments in Tunisia’s renewables

Poland tables easing of onshore wind power development

EBRD to extend up to $100mn 9-year loan to Turkey’s Polat Enerji

REM: RWE partners with Tata Steel, plans 1 GW of floating offshore capacity off Wales

Romania takes steps towards giving offshore perimeters under concessions for wind farms

Turkey completes tenders for 700 MW of solar power

Construction of Western Balkans’ biggest solar power plant starts in Albania

EBRD provides €25mn loan to North Macedonia to support transition to solar energy

Sun-drenched Uzbekistan on the verge of a renewables boom

International investors are vying to build new solar and wind farms in Uzbekistan as the country tries to reduce emissions while also supplying power to its growing population.

EBRD passes €1bn green bond milestone

The EBRD has now invested €1bn in green bonds since 2017, with €524mn allocated in 2021 alone, as it supports emerging green capital markets across Central and Easter Europe.

EU bans petrol and diesel cars from 2035 as Green Deal law moves forward

The EU Council of Ministers has agreed to an effective ban on the sale of petrol and diesel cars from 2035, overcoming last minute opposition from a group of five countries.

Siemens Energy, Air Liquide set up renewable hydrogen JV

Siemens Energy and France’s Air Liquide have announced the establishment of a joint venture for series production of industrial-scale renewable hydrogen electrolysers in Europe.

ExxonMobil and partners to study green hydrogen potential in Norway

ExxonMobil has signed a memorandum of understanding with Grieg Edge, North Ammonia and GreenH to study the possibilities for a green hydrogen and ammonia hub project for lower-emission marine fuels at its Slagen terminal in Norway.

CIP fund to finance Spanish wind farms

Copenhagen Infrastructure Partners’ (CIP) newly established Green Credit Fund 1 (GCF-1) has signed a financing agreement with Capital Energy to help fund 1 GW of onshore wind farms in Spain.

Alternus to buy more solar farms in Poland

Alternus Energy Group is to acquire additional solar farms across Poland totalling 184MW from local developer Projekt Solartechnik (PST), a Famur and TDJ groups company.

France's Voltalia develops solar cluster in Brazil

French renewable energy company Voltalia is developing a new solar photovoltaic cluster in the Brazilian state of Minas Gerais with a potential capacity of more than 1.5 GW.

Turkish EV maker TOGG obtains licence to set up charging stations network

Poorer cities the most exposed to climate change

An increase in extreme weather events and natural disasters like flooding, heatwaves and landslides will hit urban areas the hardest, making climate change adaptation a matter of paramount importance, the UN has warned.

Chinese dominance drives Asia’s emergence in offshore wind industry

Asia is rapidly overtaking Europe as the main driver of the offshore wind market, with China accounting for 80% of the 21.1 GW of new capacity added in 2021.