REM - Renewable Energy

Acciona signs wind power agreement with Fortia

Madrid-based Acciona Energía has signed a power purchase agreement with Fortia Energía for the supply of all the energy generated by six wind farms over the next 10 years.

Mega offshore wind, hydrogen hub planned in Baltic

OX2, the Swedish renewables developer, and Finland’s Bank of Åland are studying the possibility of a “Mega Green Port” – or Mega Grön Hamn – for the large-scale production and distribution of hydrogen and e-fuel in Åland, off Finland.

An economic boom has occurred since US climate law passed

The US has added more than 100,000 new clean energy jobs since the Inflation Reduction Act (IRA) was passed in August, reports Climate Power. The legislation includes $369bn in funding to tackle climate change.

Portugal’s CNJ NEO Energo mulls renewable energy project in eastern Serbia

Two solar plants begin operation in El Salvador

Netherlands-based MPC Energy Solutions (MPCES) has announced the start of operations for its Santa Rosa and Villa Sol solar photovoltaic plants in El Salvador with a combined installed capacity of 21.3 MW.

Floating PV system could reduce water evaporation by 60%

Scientists from Brazil’s State University of Ponta Grossa and the US University of Louisiana have investigated the impact of floating solar photovoltaic energy on the rate of evaporation of water in reservoirs.

IKEA owner buys 15% stake in $1.4bn Australian wind farm

The owner of the IKEA stores, Ingka Group, has bought a 15% stake in a $1.4bn Australian wind farm. The balance of the project is owned by TagEnergy,

Denmark pauses open-door offshore wind permitting

The Danish Energy Agency has paused the country’s ‘open-door’ permitting scheme, which allowed large offshore wind projects to be built without a tender and without subsidies. The agency said the scheme may break EU law.

Chinese automaker Geely prepares to launch sales in Uzbekistan

Nairobi-listed Kenya Power to convert its 2,000 vehicles to electric over four years

Kazakhstan-backed Eurasian Resources Group to spend $1.8bn on doubling African copper and cobalt output

US Judge slaps GE with doubled royalty payment for offshore wind turbine

US Judge William Young has doubled to $60,000 per megawatt the royalty payment that GE must pay for installing its Haliade-X turbines in an offshore wind project off New Jersey.

Scoping work under way for new 1.32-GW offshore wind farm in North Sea

Equinor and SSE Renewables are carrying out early scoping work to explore options for developing a fourth phase, Dogger Bank D, of the world’s largest offshore wind farm

EBRD extends €100mn loan to UniCredit Serbia for Paris alignment plan

Ecopetrol to continue investing in oil and gas despite expanding focus on renewables

Colombia’s Ecopetrol will continue to invest in oil and gas exploration and development, even as it expands its operations in the area of low-carbon energy, CEO Felipe Bayon says.

Turkey’s Aselsan develops photovoltaic inverter

Asian offshore wind facing shipping crisis

Chinese battery maker looks to set $5bn GDR record

India to increase solar production capacity to 95 GW by 2025

CEE countries need to invest in more solar and wind to break their Russia energy dependence

The energy crisis in Central and Eastern Europe has lost some of its bite after a mild winter and record LNG imports led to a slump in natural gas prices. The EU has made good progress in replacing Russian energy supplies.

Latvia and Estonia collaborate to test potential of green hydrogen in transport sector

Swiss investor builds €20mn sunflower oil plant in Romania

IMC in Kyrgyzstan uranium dispute seeks $63mn in compensation

Bishkek based climate journalist reflects on what COP27 results could mean for Kyrgyzstan, Tajikistan

Liberia's president renews call for African carbon operationalisation