This brief concludes: Europeans are searching for secure sources of critical raw materials as global supply chains become increasingly contested. Some African governments wish to obtain greater benefit from this growing demand and are restricting the export of raw materials to force local value-addition, such as in-country processing and manufacturing.
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Eurobank and the Greek Public State have inked a financing agreement with Enipeas Single-Member S.A, a subsidiary of Lightsource bp in alignment with Greece’s National Recovery and Resilience Plan ‘Greece 2.0’. The Enipeas project requires a total investment of €395.15 million for completion.
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GameChange Solar has secured a deal to supply Genius Tracker solar trackers for four new solar ventures, totaling over 500 MW in Southern Africa. These projects are strategically positioned to bolster the region’s energy supply, particularly for critical mining operations, and aid in diversifying the energy mix for a more stable electricity grid.
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Recently, the Colombian government has shown special interest in the development of green hydrogen, geothermal and offshore wind projects. The location in the centre of the Americas is one of the main advantages for companies when investing in Colombia. Colombia is very special because it has relevant renewable resources: wind, solar.
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In 2023, clean energy resources provided about 41% of electricity in the United States, with more than 16% of total generation provided by wind and solar—called “variable” renewable energy sources because of their daily and seasonal fluctuations in availability. The bulk power system, which supplies and transmits electricity, maintained high reliability throughout the year, showing that grid reliability is achievable as deployment of wind and solar has increased.
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The Asian Development Bank (ADB) and Buskowitz Solar Incorporation, a subsidiary of Buskowitz Energy Incorporation, have finalised a $12 million deal to support solar energy for commercial and industrial consumers in the Philippines. The financing package includes a $12 million loan from ADB and a $24 million parallel loan from the Philippine National Bank.
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Emeren Group Ltd has revealed the successful collaboration with Nuveen Infrastructure, formerly known as Glennmont Partners, in co-developing 199 MW (up to 1.59 GWh) of Battery Storage Projects across two areas in Southern Italy. This partnership is a joint effort between Emeren and Nuveen, resulting in a combined power capacity of 354 MWp
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Alinta Energy and JERA Nex, through its wholly owned subsidiary Parkwind, have agreed to jointly develop the 1 GW+ Spinifex Offshore Wind Farm in the Southern Ocean Region Declared Area in South West Victoria. Under the agreement Alinta Energy and JERA Nex, will apply their respective expertise and capabilities to jointly develop the Spinifex Project.
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The annual running costs of the UK’s £188.2 billion (USD equivalent, $257.1 billion) estate is £22 billion. The most recent report on the State of the Estate (2021-22), an annual publication since 2011, shows that emissions of the estate fell by 35% over five years. Making the UK’s public capital stock climate neutral requires improving operational efficiency but crucially hinges upon upgrading public buildings, energy and transport infrastructure. What can less developed countries learn from the UK’s experience when greening their estate?
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By using a whole-systems approach, Indonesia’s energy transition journey can be a model for other countries wanting to transition off coal. Indonesia has significant renewable energy (RE) potential with an estimated 3,600 gigawatts (GW) of untapped RE potential. Although, the country’s GHG per capita emission is far lower compared to top 10 emitters, with rising population and energy demand, the need to switch to clean energy is crucial.
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Scout Clean Energy, a renewable energy company, has signed a 12-year Virtual Power Purchase Agreement (VPPA) with Zoetis Inc. for a 50-megawatt portion of Scout’s operating Heart of Texas Wind Farm. This represents over one-fourth of the 180 MW project’s total capacity
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As per the available data, the assessment shows that the Arab region is far from the 2030 target, which needs an estimated additional period of 60 years to be met at the current pace. With less than seven years left to 2030, the Arab region must undertake serious actions to build resilience in the face of growing challenges. Arab countries must adopt effective policies that foster the implementation of SDGs and initiate national statistical strategies to close data gaps critical for effective monitoring.
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The analysis provides a detailed look into the demand for green H2, the necessary scale-up of electrolyzers, and the potential market growth up to 2050. By focusing on the current and future industrial landscapes, technological advancements, and supportive policy environments, the report aims to be a vital resource for stakeholders, highlighting the urgent need for wider adoption of these commercial technologies to achieve global net zero targets.
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As 3SI countries exit from fossil fuels, electrification and sector coupling driven by clean technologies will provide new opportunities for local communities. Going forward, the expansion of wind and solar can lead to independence from fossil fuel imports and turn the CEE region into a clean energy hub. This will improve the bloc’s energy security in the face of war, while also strengthening grid resilience, local economies and fostering innovation in an increasingly electrified world in the long term.
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This provides an overview of electric vehicle (EV) policies in selected Association of Southeast Asian Nations (ASEAN) countries. It investigates the EV policies and targets, the current status of EV introduction, EV reuse plans, and battery reuse policies. While EVs have gained traction in many countries due to policy support, few nations have a long road ahead to scale up EV adoption.
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Enefit Green’s subsidiary Enefit Green sp. z o.o. and Polish RES Global Investment sp. z o.o. Partner for green energy transition in Poland. According to the Development Service Agreement, Enefit Green sp. z o.o. will buy 100 per cent of development rights in various early-stage onshore wind projects in Poland.
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Origin Energy Limited has struck a deal with Virya Energy to purchase the Yanco Delta Wind Farm, which is a wind and energy storage facility situated in New South Wales. Yanco Delta is positioned within the South West Renewable Energy Zone designated by the New South Wales Government. It comprises a 1.5 GW wind farm and a 800 MWh battery. The project is situated next to key transmission infrastructure.
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STMicroelectronics and Centrica Energy have inked a ten-year Power Purchase Agreement for the supply of renewable energy to the former’s operations in Italy. The power sale will start in January 2025, and under this agreement Centrica will sell approximately 61 GWh of renewable energy annually to ST from its new solar farm in Italy.
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Heinrich-Böll-Stiftung European Union and Environmental Action Germany have convened a group of over 20 experts from academia, industry, civil society and policy-makers from EU institutions to identify the key challenges of the EU’s energy transition. The expert group met five times in 2023 to develop proposals on how to achieve a 100% renewable energy-based EU economy.
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In recent years, green finance in China has developed rapidly, boosting confidence in the transition of the entire market. However, green finance investments have mostly focused on “pure green” projects with high technological maturity, such as clean energy, green transportation, and green building. For industries with high carbon emissions, such as heavy industry, or projects at relatively early stages of technology development, financial support remains insufficient, making it difficult to meet the transition needs of these sectors.
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