REM - Renewable Energy

15 December 2022

US clean energy sees massive investments since August

14 December 2022

In just three months, more than $40bn of new grid-scale clean energy investments have been announced, a new report shows – the same amount as the total investment estimated for all clean energy projects installed in 2021.

Germany will produce a record 256 TWh of renewable electricity this year

14 December 2022

Germany will produce a record 256 TWh of renewable electricity this year, but it is still not on track to meet its 2030 targets, according to the Federal Environment Agency (UBA).

Saudi Arabia’s sovereign wealth fund buys stake in offshore wind developer Skyborn Renewables

14 December 2022

The Saudi Arabian sovereign wealth fund has bought a stake in Germany-based Skyborn Renewables, an offshore wind developer.

US government advances 4 GW of offshore wind

14 December 2022

The US Bureau of Ocean Management (BOEM) has advanced the review of two wind sizeable projects off the East Coast, the Coastal Virginia Offshore Wind (CVOW) and Sunrise Wind projects.

Solar demand to grow globally by 20-30% by mid-decade – Bloomberg Intelligence

14 December 2022

Solar will probably be the fastest growing energy source in 2023-2025 worldwide, with demand likely to increase 20-30%, says Bloomberg Intelligence in a new report, Global Solar Energy 2023 Outlook.

California floating wind auction lags others earlier this year

14 December 2022

California 's recent floating wind auction netted $757.1mn, lower than the New York Bight offshore wind auction in February and the Carolinas offshore wind auction in May. The California auction ended on December 7.

Renewables in Texas to grow significantly in 2023 compared to 2022 – EIA

14 December 2022

The Texas region is likely to experience the largest shift in electricity generation mix in 2023 in the US, says a new report by the Energy Information Administration (EIA).

Rosatom’s Saudi bid next step for Russian nuclear tech

14 December 2022

Rosatom aims to build the first nuclear reactor in Saudi Arabia as part of the company’s global drive to break into emerging markets for atomic energy

US proposes higher renewable fuel blending

9 December 2022

The US Environmental Protection Agency (EPA) has proposed expansions of obligations for refiners who must blend renewable fuels into their gasoline.

Guyana in carbon credit agreement with Hess

9 December 2022

Hess Corp. has agreed to buy $750mn worth of TREES credits in a deal that has the potential to make the Stabroek project carbon-neutral.

Renewables finally achieve turbocharged growth

9 December 2022

Solar is set to overtake coal as the world’s leading source of power supply by early 2025, the IEA said

China has won water dispute with Kazakhstan

8 December 2022

Astana accepts that it cannot force China to use less water upstream. But the BRI may help it reduce its own water waste, a new paper argues.