ASEAN is developing this regional roadmap in order to incorporate a gender-responsive approach specifically relating to RE policymakers. This roadmap aims to chart a pathway which weaves women’s potential contributions into ASEAN’s emerging renewables market, creating a positive snowball effect which promotes gender equity, accelerates climate mitigation efforts and bolsters RE investments.
Read More
Clifford Chance has released “Snapshot of the German Coalition Agreement – Impact on Energy and Infrastructure in Germany”. On November 25, 2021, the coalition of Social-Democrats (SPD), Greens (Bündnis 90/Die Grünen) and Liberals (FDP) presented its Draft Coalition Agreement to the public. The new coalition will especially focus on climate protection as well as on the modernisation and digitalisation of Germany.
Read More
This flagship publication of the IEA has appeared every year since 1998. Its objective data and dispassionate analysis provide critical insights into global energy supply and demand in different scenarios and the implications for energy security, climate targets and economic development.
Read More
UAE-based Masdar owned by Mubadala Investment Company, and Ukraine’s leading private power producer, DTEK have signed a strategic agreement to explore potential clean energy investments in Ukraine. This was a trilateral MoU between Mubadala, Masdar, and DTEK. Other MoUs were also signed with various Ukrainian government and private entities.
Read More
Grenergy, a Spanish company renewable energy company specializing in the development, construction and operation of photovoltaic and wind projects, has closed financing with Natixis, a French financial services multinational, for fourteen new solar plants, to be set up in Chile for around $ 85 million.
Read More
Cordelio Power and Axium Infrastructure have announced that the latter has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW Denfield portfolio includes four wind projects and two solar projects located in southwestern Ontario.
Read More
HC2 Holdings, Inc. has announced the sale of its majority-owned clean energy subsidiary Beyond6, Inc. to Mercuria Investments US, Inc. for approximately $169 million. HC2, which owns approximately 61 per cent of Beyond6 on a fully diluted basis, expects to receive approximately $65 million in cash.
Read More
Xebec Adsorption Inc. has closed its previously announced acquisition of Green Vision Holding BV, the parent company of HyGear Technology and Services BV, for aggregate consideration of 82 million euros and the assumption of 18.4 million euros in net debt.
Read More
According to forecasts, the US offshore wind industry is expected to deliver 25 GW by 2029. Of this, 9 GW has already been contracted or will be soon approved. The state renewable purchase standards contracting call for 34 GW by 2035. Meanwhile the Federal lease program currently supports approximately 20 GW to 30 GW of projects depending on turbine density.
Read More
The African Development Bank has approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative. It aims to boost energy access in remote regions and enhance climate resilience in Africa.
Read More
Telefónica has signed an agreement with Helexia, a subsidiary of the French company Voltalia, to supply renewable electricity to Vivo’s mobile network for the next 20 years.
Read More
South Africa faced an acute economic crisis due to the global pandemic. Due to the fall in power demand, the economic crisis impacted the country’s power sector which was already facing persistent issues with power cuts. in a bid to recover from the economic turmoil and promote cleaner sources of energy, the country is focusing on a just energy transition.
Read More
The International Renewable Energy Agency (IRENA) and the African Development Bank (AfDB) have...
Read More
Senvion GmbH has agreed to sell 100 per cent of its Indian operations (Senvion India) to Global Renewable Energy Development Holding Company Limited (GREDHCL). Subject to regulatory approvals, the sale is proposed to close in the first quarter of 2021.
Read More
Vårgrønn is a new joint venture company formed by global energy giant Eni and HitecVision, a Norwegian energy entrepreneur and investor. This new venture will focus on development of new green energy projects in Norway and the Nordic market, with a major role in the development, construction, operation and financing of these assets.
Read More
The report “Scenarios for the Energy Transition” assesses a collection of recommendations and country experiences gathered through the activities of the LTES campaign and the LTES Network. The report covers how scenarios can better account for potentially transformational changes and how they can be better used for strategic decision-making by governments and investors.
Read More
Renewable energy generation projects (36 per cent), transmission and distribution (7 per cent), energy storage and system services (4 per cent), green hydrogen (5 per cent) jointly make up more than half of all projects identified in the report.
Read More