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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.
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West Africa's BIDC secures $100mn AfDB backing for clean energy expansion
The African Development Bank Group (AfDB) has approved a $100mn financing package for the ECOWAS Bank for Investment and Development (BIDC), marking the first time a multilateral DFI has taken an equity stake in the West African lender.
Mission 300 investment platform Zafiri launches with $176m to support African distributed renewables firms
Zafiri, a new blended-finance vehicle launched under the Mission 300 initiative, has secured $176mn in initial commitments to support distributed renewable energy companies across sub-Saharan Africa.
Azerbaijan's wind power output surges in January-May, oil production and BTC volumes decline
Malaysian infrastructure company secures $83.7mn Islamic financing to part-finance solar plant
Malaysia-based infrastructure group Aizo Group Berhad (KL:AIZO) has secured a capital injection and submitted a regulatory filing to Bursa Malaysia on June 19
Indonesian president approves ex-vice president’s $3.7bn private energy venture
Injecting a wave of private capital into the state's industrial transformation grid, Indonesian president Prabowo Subianto has greenlit an infrastructure proposal spearheaded by one of the country's most prominent elder statesmen
Taiwan, Baseload Power sign geothermal development pact
Baseload Power Taiwan and state-owned energy company CPC Corporation, Taiwan signed a memorandum of understanding to accelerate geothermal energy development across the island, the companies announced on June 17.
India faces twin threat of extreme heat and a slow moving monsoon
Most parts of India are facing unprecedented heatwave conditions. For several weeks, India’s capital, New Delhi, has been suffering under temperatures over 40 °C.
Bangladesh slips in global energy transition ranking amid readiness concerns
Bangladesh ranked 99th among 120 countries in the Energy Transition Index (ETI) 2026, trailing several South Asian neighbours as persistent weaknesses in policy, financing and infrastructure.
India’s thermal coal imports hit four-year low as renewables gain ground
India’s thermal coal imports recorded the lowest level in four years during the first five months of 2026, owing to higher domestic coal output, rising renewable energy generation and elevated import costs.
Renault opens Boreal SUV production in Turkey in dual-hub strategy
Renault (EPA: RNO) has announced the opening of a second Boreal SUV production hub at its Bursa plant in Turkey.
Slovenia to introduce electricity sharing system in July to support renewable energy use
A.P. Moller Capital buys Mainstream Renewable Power South Africa platform
A.P. Moller Capital has agreed to acquire Mainstream Renewable Power's South African business, gaining 148MW of operating and under-construction assets, 351MW of construction-ready projects and an 11.6GW development pipeline.
Iran's Shahroud Cement secures operating licence for solar plant
Iranian producer Shahroud Cement has secured an operating licence for a 4.8 MW segment of its 10 MW solar plant from Satba, with plans for an additional 3 MW unit.
Axia bets on Brazil’s energy future
Axia Energia has launched a group of energy-transition projects in northeastern Brazil, combining solar, wind, battery storage and digital infrastructure in an effort to test technologies aimed at supporting the country's evolving power system.
Brazil renewable funding rebounds
Financing for renewable energy projects in Brazil reached BRL36.3bn ($7.1bn) in 2025, up 10.6% from the previous year, but remained 22% below the record BRL46.3bn registered in 2022, according to consultancy Clean Energy Latin America (CELA).
Nigeria secures $230mn EIB loan to support green and digital SMEs
The European Investment Bank's development arm, EIB Global, has agreed a €200mn ($230mn) financing package with the Development Bank of Nigeria to expand funding for MSMEs in agriculture, renewable energy and digitalisation.
Chile approves $20mn solar-storage project near Calama
Chile's Environmental Assessment Commission (Coeva) has approved the environmental impact declaration for the Valle de las Estrellas solar park with battery storage.
Hynfra and Ohmium to advance green hydrogen projects in Jordan, Oman and Mauritania
Polish developer Hynfra PSA has partnered with US electrolyser manufacturer Ohmium International to advance multi-billion-dollar green hydrogen and ammonia projects in Jordan, Oman and Mauritania.
South Africa's NOA to supply 7GWh of renewable power to tissue maker UPP
South African energy trader NOA has agreed to supply about 7GWh of renewable electricity to tissue manufacturer Universal Paper and Plastics.
China Resources New Energy targets record $3.6bn IPO
China Resources New Energy priced its Shenzhen initial public offering at CNY10.11 per share to raise up to CNY24.5bn ($3.6bn) if its overallotment option is fully exercised, a regulatory filing showed on June 18.
Malaysia gauges small modular reactors for nuclear energy future
Malaysia's energy planners are split over a critical technology fork: deploying cutting-edge Small Modular Reactors (SMRs) or relying on proven Large Conventional Reactors (LCRs)
China secures clean energy with Laos turbine deal
Chinese wind turbine manufacturer Windey (300772.SZ) signed a contract to supply wind turbines for a cross-border electricity project in Laos.
Solar Energy Corporation of India launches 4,800 MWh renewable energy tender backed by storage
India’s state-owned Solar Energy Corporation of India (SECI) has issued a new tender seeking 4,800 MWh of firm and dispatchable renewable energy (FDRE) capacity supported by co-located energy storage systems.
India’s solar capacity reaches 157 GW, accounting for 68% of renewable energy portfolio
India’s installed solar power capacity has climbed to around 157 GW as of May 2026, representing nearly 68% of the country’s renewable energy portfolio and about 29% of total power generation capacity.

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