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Renewable energy

Kazakhstan Development Bank approves KZT 55 billion for solar power plants for Kazatomprom and KEGOC

Kazakhstan Development Bank approves KZT 55 billion for solar power plants for Kazatomprom and KEGOC

Kazakhstan Development Bank approved 814 mln yuan (~KZT 54.5 bn) financing for Altyn Dala Energy to fund the first phase of a 1 GW renewables project: two solar plants for Kazatomprom and KEGOC.

Cable along the bottom of the Caspian Sea has gained a German partner, but so far only on paper

Cable along the bottom of the Caspian Sea has gained a German partner, but so far only on paper

Kazakhstan, Azerbaijan and Uzbekistan's Green Corridor Alliance JV signed a memorandum with Germany's Siemens Energy.

Uzbekistan introduces "exemplary consumer" status for energy resources — and reduces prepayment from 90% to 15%

Uzbekistan introduces "exemplary consumer" status for energy resources — and reduces prepayment from 90% to 15%

Uzbekistan's President Mirziyoyev signed a decree introducing "exemplary consumer" status for businesses using electricity and gas, cutting mandatory prepayment for energy from 100% to 15%.

China launched an offshore wind farm with 18-megawatt turbines

China launched an offshore wind farm with 18-megawatt turbines

One turbine at the Fanshi wind farm generates enough energy in a year to power several thousand households.

Spain turns former energy weakness into national project

Spain turns former energy weakness into national project

For decades, the country relied on imported oil and gas—a classic economic vulnerability. Now it is trying to turn that weakness into a competitive advantage.

Germany presents roadmap for phasing out fossil fuels by 2045

Germany presents roadmap for phasing out fossil fuels by 2045

Europe's largest economy has officially set the date by which it expects to fully phase out coal, oil and gas.

Energy storage systems will be deployed in all regions of Uzbekistan

Energy storage systems will be deployed in all regions of Uzbekistan

As neighbors ramp up solar and wind power, every country faces the same question: where to put surplus energy when there's too much, and where to get it when there's too little.