REM - Renewable Energy

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Power

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REM covers information across all main renewable energy sources, including onshore and offshore wind, solar, geothermal, biomass, biofuels, hydro, wave, tidal and marine. It also gives insight into new and developing technologies such as algal biofuels and advanced storage, keeping our customers abreast of the latest updates and innovations relevant to any of the above sectors.

REM aims to alert readers and investors on the latest large-scale projects and IPOs, giving balanced coverage of potential global opportunities for investors and companies along the renewable energy supply chain.

In the renewables industry, policy can often dictate the fate of successful projects and investment – REM aims to provide detailed commentary and the latest news on regional issues and decision-making, from a supra-national level such as the European Commission, to national guidance such as the US EPA or Japan’s METI.

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Lesotho signs $6.2bn hydropower and AI project that aims to turn power importer into exporter

8 June 2026

The agreement Lesotho signed with US-based Convalt Energy to develop a 1,200MW hydropower project and an AI data centre is valued at almost three times Lesotho's GDP.

Inox Clean Energy to acquire Vena Energy India platform in major renewables expansion

8 June 2026

Inox Clean Energy, part of the INOXGFL Group, has signed a definitive agreement through its subsidiary Inox Neo to acquire 100% of the equity interests in Vena Energy India Holdings from Singapore-based Vena Group.

UAE pledges deeper energy cooperation with Bangladesh

8 June 2026

The United Arab Emirates (UAE) has reaffirmed its commitment to supporting Bangladesh’s energy sector, offering broad cooperation across fuel supplies, infrastructure development and emerging clean energy technologies.

Kazakhstan restricts sales of duty-free imported electric vehicles to Russian residents

8 June 2026

Kazakhstan has imposed restrictions on the transfer of certain imported electric vehicles (EVs) to Russian citizens and residents, according to a report citing the State Revenue Department of Mangystau Region.

Russian construction of Uzbekistan's first nuclear plant launched as leaders meet at St Petersburg International Economic Forum

7 June 2026

In speech, Mirziyoyev tells delegates business is "shifting into the realm of technology, algorithms, logistics and infrastructure".

Egypt to connect 500MW Obelisk solar phase two to national grid within weeks, says minister

7 June 2026

The second phase of the Obelisk solar project in Egypt’s Nag Hammadi, with a capacity of 500MW, will be connected to the Egyptian national grid within the coming weeks

Estonia’s Sunly and Rolls-Royce strike Baltics’ largest private battery storage deal

5 June 2026

After Baltic region's synchronisation with the European electricity network and disconnection from the Russian grid, demand for balancing and frequency-control services has increased sharply.

Lesotho signs $6.2bn 1,200MW hydropower and AI data centre deal with Convalt Energy

5 June 2026

Lesotho has signed a binding agreement with US-based Convalt Energy to explore a 98bn loti ($6.2bn) 1,200MW hydropower and AI data centre development, potentially the largest investment commitment in the country's history.

Israel's Prime Energy signs €150mn deal to acquire Spanish solar and storage developer

5 June 2026

Israeli renewable energy company Prime Energy has signed a non-binding memorandum of understanding to acquire a 62.5% controlling stake in a Spanish solar and storage developer.

India’s TCIL seeks partners for major Ghana solar rollout across public facilities

5 June 2026

India’s state-owned Telecommunications Consultants India Limited (TCIL) has launched a search for consortium partners and backend contractors to support deployment of more than 31 MW of solar power systems across public institutions in Ghana.

Kazakhstan’s aluminium, iron and steel exporters face greatest CBAM exposure, report finds

5 June 2026

Kazakhstan’s aluminium, iron and steel industries are likely to face the strongest impact from the European Union’s Carbon Border Adjustment Mechanism (CBAM), a new assessment says.

Levanta funds 166 MW Philippine solar project

5 June 2026

Singapore-based green energy developer Levanta Renewables reached financial close and greenlit its 166 MWp Barotac solar and battery energy storage system (BESS) project in Iloilo, Philippines.

GE Vernova to supply 100-MW wind turbines for a project in India's Gujarat

5 June 2026

GE Vernova (NYSE: GEV) has secured an order from Powerica Limited to supply wind turbines for a 100-MW wind power project in Gujarat, marking the first deployment of the company's 3.8 MW-154m onshore wind turbine platform in the Indian market.

Brazil launches first battery auction

4 June 2026

Brazil’s government has released guidelines for the country’s first auction focused on battery energy storage systems, part of efforts to strengthen electricity supply security and reduce losses linked to growing renewable energy generation.

Anzana secures $20mn BII debt facility to expand African hydropower portfolio

4 June 2026

Anzana Electric Group has secured a $20mn senior secured debt facility from British International Investment (BII) to accelerate the development of small-scale hydropower projects across East, Central and Southern Africa

China secures energy market against global volatility

4 June 2026

China has stabilised its domestic energy markets and protected its high-tech emerging industries despite rising geopolitical tensions and volatile global commodity markets, official data showed.

Extreme weather threatens China green grid stability

4 June 2026

Severe weather anomalies compromise the reliability of China's future renewable energy system reports. Bad weather disrupts wind and solar installations nationwide, meaning climate change will increase green electricity shortfalls.

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