REM - Renewable Energy
Turkey allocates 49bn lira to energy efficiency and resource exploration in 2026
The Turkish government has earmarked very nearly Turkish lira (TRY) 49bn ($1.2bn) in its 2026 budget to boost energy efficiency, expand mineral and energy resource exploration and strengthen related infrastructure.
Slovenia’s SunContract to install over 30 solar power plants on public buildings
Slovenian renewable energy company SunContract announced on October 24 that it will install more than 30 solar power plants on kindergartens, health centres, schools, and other public institutions across the country by the end of 2025.
Defence rules force Lithuania’s state energy giant to scrap wind plans in eastern Latvia
Morocco plans to phase out coal power by 2040, expand renewables
The Moroccan government plans to completely phase out coal-based energy by 2040 as part of its strategy to transition toward cleaner energy sources
Uganda targets $500bn economy through clean energy expansion
Uganda has unveiled plans to become a $500bn economy, positioning clean, affordable and sustainable energy as the foundation of its industrialisation and job-creation strategy.
China eyes carbon credit investment in Indonesia’s palm oil sector
China has expressed interest in purchasing carbon credits from Indonesia, a move that could channel fresh funding into the nation’s palm oil cooperatives and processing industries, according to the Indonesian Palm Oil Council (DMSI)
China eyes carbon credit investment in Indonesia’s palm oil sector
China has expressed interest in purchasing carbon credits from Indonesia, a move that could channel fresh funding into the nation’s palm oil cooperatives and processing industries, according to the Indonesian Palm Oil Council (DMSI)
India’s non-fossil fuel power capacity to reach 300 GW soon
India’s non-fossil fuel-based power generation capacity is expected to reach nearly 300 GW in the coming months, driven by over 40 GW of renewable energy projects that are in advanced stages of finalising power purchase agreements
Bangladesh issues tenders for 72.5-MW rooftop solar installations
The Bangladesh Power Development Board (BPDB) has floated tenders for installing 17 rooftop solar systems with a combined capacity of 72.5 MW under a third-party opex model
Malaysia accelerates energy transition, targets 70% renewable capacity by 2050
Malaysia is advancing rapidly towards its clean energy ambitions, with renewable energy (RE) capacity expected to reach 40% by 2035 and 70% by 2050, as outlined in the National Energy Transition Roadmap (NETR)
World Bank backs project to strengthen Mongolia’s power grid
The World Bank said in a press release on October 22 that it will take a significant step in strengthening Mongolia’s electricity infrastructure by approving a project designed to bolster electricity service reliability and security.
US firm joins Meralco to advance Philippines’ energy network
Manila Electric Co. (Meralco), the Philippines’ largest electricity distributor led by businessman Manuel V. Pangilinan, has partnered with US-based company Itron, Inc. to advance its smart grid modernisation programme.
Brazil’s Northeast emerges as power-shoring hub
With 86.8% of its installed capacity already from renewable sources, Brazil’s Northeast is positioning itself as the country’s main destination for “power-shoring”.
Prospect Lithium Zimbabwe starts building 70MW solar plant at its Arcadia Mine
Prospect Lithium Zimbabwe (PLZ) is building a 70-megawatt (MW) solar power facility at its Arcadia Mine northeast of the southern African country, according to Chronicle on October 23.
Saudi Pemco to construct 200-MW power plant as Uzbekistan expands energy cooperation
Saudi Arabian firm Pemco will begin construction of a 200-megawatt gas-piston thermal power plant in Uzbekistan’s Samarkand region by the end of this year, according to Energy Minister Jurabek Mirzamakhmudov.
Tajikistan, Iran agree to extend payment deadline on $256mn Sangtuda-2 hydro project to end-2032
Tajikistan and Iran have agreed to extend the investment payment deadline on the $256mn and 220-megawatt Sangtuda-2 Hydroelectric Power Plant (HPP) project by six years and four months from August 2026 to the end of 2032.
Montenegro signs cooperation memorandum with Dubai-based Alcazar Energy for €500mn renewable investments
Montenegro’s government and Dubai-based Alcazar Energy have signed a Memorandum of Cooperation to jointly develop and finance renewable energy projects in the country.
Chinese firm completes solar water pump project in Riyadh
Chinese firm NUUKO POWER completed 4.58MW solar water pump project in Riyadh providing irrigation for 2,560 acres of farmland and expected to save SAR1.76mn annually whilst reducing carbon emissions by thousands of tonnes.
91 MWp solar deal boosts Levanta in Thailand
Levanta Renewables, a portfolio company of UK-based investment firm Actis, has purchased a fully operational ground-mounted solar portfolio in Thailand, with a combined capacity of 91 MWp.
Legal delays hamper Vietnam energy transition
Vietnam’s renewable energy drive is accelerating as part of its strategy for sustainable growth, energy security, and its commitment to achieving net-zero emissions by 2050
Malaysia plans 2,000MW offshore wind power imports from Vietnam by 2034
Malaysia is set to enhance its renewable energy capacity through an ambitious offshore wind project linking Vietnam to Peninsular Malaysia, expected to deliver up to 2,000 megawatts (MW) of electricity by 2034
Lithium miner Premier African Minerals seeks shareholder backing to raise $6mn to advance Zimbabwe project
Cuba accelerates solar deployment as grid crisis persists despite 715MW addition
Cuba commissioned 32 photovoltaic installations totalling 715MW as authorities pursue 1,000MW capacity targets whilst persistent blackouts exceed 1,500MW during peak demand periods.
Indonesia, Saudi Arabia to deepen cooperation on green energy and infrastructure
A Saudi Arabian delegation is expected to arrive in Jakarta on October 23, for high-level talks with the Indonesian government to expand cooperation across infrastructure, water management, and clean energy
Singapore grants conditional approval for 1GW hydropower import from Malaysia’s Sarawak
Singapore’s Energy Market Authority (EMA) has conditionally approved an application by Sembcorp Utilities Pte. Ltd. to import 1 gigawatt (GW) of low-carbon electricity, marking another major step in the city-state’s regional clean energy strategy
Malaysia–Vietnam offshore wind project to deliver 2,000 MW by 2034, strengthening regional green energy links
Malaysia’s upcoming offshore wind project connecting Vietnam to Peninsular Malaysia is expected to generate up to 2,000 megawatts (MW) of clean energy by 2034, marking a major step in the nation’s renewable energy expansion
South Korea urged to expand subsidies for sustainable jet fuel
Calls are mounting for the South Korean government to strengthen support for the production and use of sustainable aviation fuel (SAF) on international routes.
Coal India and IIT Madras join hands to establish Centre for Sustainable Energy
State-owned Coal India Limited (CIL) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Madras (IIT Madras) to establish a Centre for Sustainable Energy at the institute
Russia grants 25-year licence for Zaporizhzhia plant’s spent fuel facility
Russia has granted the Zaporizhzhia nuclear power plant a 25-year licence to operate its on-site dry storage facility for spent nuclear fuel
PowerChina completes Colombian solar installation six days ahead of target
Power Construction Corporation of China completed the full grid connection of Enel Colombia's Guayepo III solar facility six days ahead of schedule.
Powerchina connects 200MW Colombia's Guayepo III solar facility six days early
Chinese engineering group Power Construction Corporation of China achieved full grid connection of Enel Colombia's 200 MW Guayepo III solar facility on October 7, six days ahead of schedule despite adverse weather conditions.
Brazil to issue carbon credits through public forest projects
India, Brazil boost trade and climate cooperation
EBRD invests €16.8mn in Croatia’s first large-scale battery storage and virtual power plant
Development bank to take its first equity stake in a standalone merchant storage project.
Mirova injects $15mn into Mexico's distributed solar energy firm Bright
Mirova, a subsidiary of Natixis Investment Managers dedicated to sustainable investment, has announced a commitment of up to $15mn in guaranteed senior debt to Bright Exchange SAPI de CV ("Bright")
Japanese giant acquires 49% of Da Nang hydropower project
Sumitomo Corporation has acquired a 49% share in Mekong Electric Power Engineering and Development Joint Stock Company (JSC), the owner of the Dak Di 1.2 run-of-river hydropower project in Da Nang, Vietnam.
South African REIT Growthpoint Properties secures 30% in Boston Hydropower Plant
South African primary real estate investment trust (REIT) Growthpoint Properties (Growthpoint) has bought a 30% interest in a local 5-megawatt (MW) hydropower plant.
Wind and hydropower boost BCPG earnings in Laos
Thai renewable energy firm BCPG Public Company Limited is expected to report strong profit growth in the third quarter of 2025, driven by increased electricity output from its wind and hydropower projects.
Atlas Renewable Energy raises $475mn for Chile solar project with storage
Atlas Renewable Energy has secured $475mn in financing for its Copiapó Solar scheme in Chile, a 357 MW photovoltaic facility paired with a 320 MW battery storage system offering four hours of duration.
Ukraine set to exceed 1 GW of new solar capacity as distributed generation accelerates
TrinaTracker secures 363-MW solar tracker contract in Uzbekistan
TrinaTracker, a unit of TrinaSolar, has secured a contract to supply 363 MW of solar tracker systems for a photovoltaic power plant in Uzbekistan’s Navoi region.
SE Asian offshore wind project targets 2034 completion for first phase
The ambitious 2,000-MW offshore wind power project connecting Vietnam, Malaysia and Singapore is expected to complete its first phase by 2034, Malaysia’s Energy Minister Fadillah Yusof told parliament on October 22.
Indonesia’s Jatibarang waste-to-energy plant has completed its operational term
The Semarang City Government (Pemkot Semarang) has clarified that the Jatibarang Waste-to-Energy Plant (PLTSa) is not an abandoned project but has simply completed its operational period,
Japan’s SMFL Mirai targets 50MW solar by 2030
SMFL Mirai Partners, a subsidiary of Sumitomo Mitsui Finance and Leasing, has signed an agreement with GreenEnergy Plus to acquire about 50 small-scale solar power plants across Japan, totalling 5MWDC by March 2026.
Petronas and Oman’s OQEP forge oil and gas partnership across Middle East, Southeast Asia
Petroliam Nasional Bhd (Petronas), through its upstream arm Petronas Carigali Sdn Bhd, has signed a memorandum of understanding (MoU) with OQ Exploration and Production New Ventures LLC (OQEP) of Oman to jointly explore oil and gas opportunities
South Korea’s battery giants battle for $720mn ESS contract
South Korea’s major battery manufacturers, LG Energy Solution, Samsung SDI and SK On, are stepping up competition in the energy storage system (ESS) market as growth in electric vehicle batteries temporarily slows.
Chile's ENAP construction of green hydrogen plant 72% complete
Chile's National Petroleum Company has reported 72% completion of its green hydrogen plant in Cabo Negro, Magallanes region, marking significant progress toward the country's clean energy transition objectives.
Kyrgyzstan boasts 22 critical minerals, says deputy minister
Kyrgyzstan boasts 22 critical minerals, the Central Asian country’s Deputy Minister of Natural Resources and Subsoil Use Alisher Kurmanaliev told a forum titled "Dialogue on the Extractive Industry: Investment, Transparency, Development".
Africa’s natural gas strategy should vary by country, not follow one-size-fits-all model, says analyst
Africa’s untapped gas reserves can complement renewables by providing stable, round-the-clock power needed to balance intermittent generation from renewable energy sources.
China’s BYD to build 1MW ultra-fast EV charging network in South Africa by 2026
Chinese electric vehicle (EV) manufacturer BYD Co. Ltd (SHE:002594, HKG:1211) has announced plans to develop a 1-megawatt (MW) ultra-fast charging network in South Africa by 2026 — the country’s most ambitious EV infrastructure project to date.
Indonesia and Singapore strengthen ties on green investment and digital economy at IMF meeting
Indonesia and Singapore have pledged to deepen cooperation in green investment, digital transformation, and energy transition
Philippines investigates nuclear-contaminated shipment returned by Indonesia
The Philippine government is investigating the source of a container filled with zinc powder contaminated by radioactive material, which caused radiation exposure to nine Indonesian workers.
Colombia brings La Guajira into national power grid with $147mn transmission line
Colombia inaugurated the Cuestecitas-Copey-Fundación interconnection line, linking La Guajira to the national electricity system at 500 kilovolts for the first time.
IEA cuts offshore wind outlook following Japan setbacks
The International Energy Agency (IEA) has sharply reduced its forecast for global offshore wind power expansion, cutting its five-year outlook by over 25%.
Danish fund submits offer in Colombia's maiden offshore wind tender
Denmark's Copenhagen Infrastructure Partners submitted a formal proposal through its subsidiary CI GMF Coöperatief UA for Colombia's inaugural offshore wind auction, Orlando Velandia, director of the National Hydrocarbons Agency confirmed
Brazil boosts Amazon Fund ahead of COP30
Brazil’s Ambipar set to seek bankruptcy protection
Mexico calls private firms to develop 34 priority power plants under President Sheinbaum
Mexico's government has called on private companies to develop 34 renewable energy power plants to meet electricity demand in the national grid whilst implementing secondary regulations of President Claudia Sheinbaum's energy reform
UK unveils ambitious new energy strategy
Montenegro’s Pljevlja coal mine begins business transformation under just transition plan
GE Vernova to supply turbines for 252 MW wind farm in Romania
GE Vernova announced that it has signed an agreement with Greenvolt International Power to supply, install, and commission 42 onshore wind turbines for the Ialomiţa wind farm in eastern Romania.
Qatar Charity to build solar-powered desalination plant in Djibouti
Djibouti has partnered with Qatar Charity to develop a solar-powered desalination plant, part of a broader push to secure clean water and reduce diesel reliance in the Horn of Africa.
Indonesia reaffirms climate commitment ahead of COP30, aligns with Brazil’s vision
Indonesia has reiterated its commitment to reducing carbon emissions during the ministerial-level preparatory meeting for the upcoming UN Climate Change Conference (COP30) in Brazil
Sanctioned Russian LNG tanker spotted conducting rare transfer off Malaysian coast
A Russian liquefied natural gas (LNG) tanker under US sanctions has been detected performing a rare ship-to-ship transfer off Malaysia’s east coast, in what analysts say is another attempt by Moscow to bypass Western trade restrictions
Sri Lanka begins drafting regulations for electric vehicle charging stations
The Sri Lankan government has started preparing regulations to oversee the establishment and operation of electric vehicle (EV) charging stations
Reliance to begin solar power generation from mega Kutch project next year
Reliance Industries is set to begin solar power generation in the first half of the next financial year from its massive renewable energy project in Kutch, Gujarat
US blocks ship carbon deal, risks Filipino jobs
EDF signs long-term offshore wind deal in Taiwan
EDF Power Solutions, a subsidiary of France’s EDF Group specialising in renewable energy development and low-carbon projects, has signed a 30-year corporate power purchase agreement with Taiwan Smart Electricity & Energy Co. Ltd. (TSEE).
Egypt plans to list up to 40% of Gabal El-Zeit wind facility on EGX by end-2025
Egypt’s government is planning to offer up to 40% of Gabal El-Zeit wind power company on the Egyptian Exchange (EGX) before the end of 2025
Laos, Thailand, Malaysia, Singapore power milestone
Laos, Thailand, Malaysia, and Singapore have hailed the success of the Laos–Thailand–Malaysia–Singapore Power Integration Project (LTMS-PIP), marking a significant milestone in multilateral, cross-border electricity trade
ASEAN targets 30% renewable energy by 2030
ASEAN has unveiled its new Action Plan on Energy Cooperation for 2026–2030, outlining ambitious goals to expand renewable energy, enhance regional connectivity, and build a sustainable, low-carbon energy future
Slovenia proposes new law to boost renewable energy use
The Slovenian government has finalised a draft law on the promotion of renewable energy sources (RES) and will send it to the Parliament for consideration, the Ministry of the Environment, Climate and Energy announced on October 17.
China’s solid-state battery breakthrough challenges the future of petrol-powered cars
Chinese researchers have announced a breakthrough in solid-state battery technology that could accelerate the global shift away from internal combustion engines, with a new design that more than doubles the range of current electric vehicles.
Uzbekistan hosts renewable energy training event with ACWA Power
Tashkent has hosted a Renewable Energy Technologies Training event organised by the Energy and Water Academy (EWA Academy) and ACWA Power, in partnership with the Ministry of Energy and the Ministry of Higher Education, Science and Innovation.
Air pollution costing Turkey $138bn a year, report warns
There is not a city in Turkey that can be said to have clean air, according to a report on air pollution that purports to portray the staggering economic toll of environmental degradation.
Brazil’s Congress stalls on green agenda ahead of COP30
South Africa announces new IRP targeting over 40% renewable power by 2030
South Africa’s cabinet has adopted the Integrated Resource Plan 2025, projecting renewables to supply just over 40% of national power generation by 2030 and coal under 45%, with gas and nuclear making up the remainder.
Kazakhstan, GGGI sign MoU to advance clean hydrogen development under H2G initiative
Kazakhstan’s Ministry of Energy has signed a memorandum of understanding (MoU) with the Global Green Growth Institute (GGGI) to advance cooperation on clean hydrogen and sustainable development under the Hydrogen to Green Growth (H2G) initiative.
Eurasian Resources Group forecasts sustained metal deficits, sees HBI as key to green steel transition
Eurasian Resources Group (ERG) said on October 13 that global metals markets are undergoing a strategic revaluation, with prolonged supply deficits expected in copper, aluminium and chrome, while HBI is gaining traction in green steelmaking.
Philippines introduces carbon credit framework to advance clean energy
The Department of Energy (DOE) has introduced the Philippines’ first regulatory framework for carbon credits in the energy sector, designed to cut greenhouse gas emissions and attract investments in sustainable projects.
PLN Indonesia Power launches ‘Green Action 2025’ to strengthen ecological resilience nationwide
PT PLN Indonesia Power (PLN IP) has launched a large-scale environmental initiative called Green Action 2025, aimed at bolstering sustainability and ecological resilience across 37 operational regions in Indonesia
ICVCM opens Singapore office to oversee Asia’s carbon markets
The Integrity Council for the Voluntary Carbon Market (ICVCM) has opened its first physical office in Singapore, marking a key step in expanding its presence and regulatory influence across Asia’s fast-growing carbon markets
South Korea confident in affordable renewable expansion
Climate, Energy and Environment Minister Kim Sung-whan has dismissed concerns that expanding renewable energy will drive up electricity prices in South Korea.
Central Asia’s Kambarata-1 hydro megaproject has won strong backing from global financial institutions, says minister
The joint megaproject of Kyrgyzstan, Uzbekistan and Kazakhstan to build the Kambarata-1 hydroelectric power plant (HPP) has won strong backing from global financial institutions, Uzbek Minister of Energy Jorabek Mirzamahmudov said in an interview.
Inox Wind to invest $45mn in new turbine plant in India's Karnataka state
Wind turbine manufacturer Inox Wind plans to invest INR4bn ($45mn) in a new production facility at the Kyadigoppa Industrial Area in Kushtagi taluk of Koppal district
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