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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Scatec starts construction of €96mn solar plant in Tunisia’s Sidi Bouzid

19 June 2026

Norway's renewable energy firm Scatec (OSE:SCATC) announced the start of construction on the 120MW Sidi Bouzid 2 solar plant, after reaching financial close on the project, which carries investments of approximately €96mn.

Iran's SCO power grid plan wins backing at Bishkek energy meeting

19 June 2026

Iran's proposal to interconnect the power grids of Shanghai Cooperation Organisation member states has been welcomed at the bloc's energy ministers' meeting in Bishkek, an Iranian renewable energy official has said.

West Africa's BIDC secures $100mn AfDB backing for clean energy expansion

19 June 2026

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

19 June 2026

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.

Malaysian infrastructure company secures $83.7mn Islamic financing to part-finance solar plant

19 June 2026

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

19 June 2026

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

19 June 2026

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

19 June 2026

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

19 June 2026

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

19 June 2026

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

19 June 2026

Renault (EPA: RNO) has announced the opening of a second Boreal SUV production hub at its Bursa plant in Turkey.

A.P. Moller Capital buys Mainstream Renewable Power South Africa platform

18 June 2026

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

18 June 2026

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

18 June 2026

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

18 June 2026

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

18 June 2026

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

18 June 2026

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

18 June 2026

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

18 June 2026

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

18 June 2026

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

18 June 2026

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)

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