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.

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Shell acquires US solar company Savion from Macquarie

15 December 2021

Shell New Energies US, a subsidiary of oil supermajor Royal Dutch Shell, has signed an agreement to buy 100% of Savion, a large utility-scale solar and energy storage developer in the United States.

Talks lagging between Biden and Manchin on $2 trillion bill that boosts renewable energy

15 December 2021

Urgent talks between President Joe Biden and obstructionist moderate Democratic Senator Joe Manchin are not going well, according to an anonymous source speaking with the Associated Press on the morning of December 15.

Brussels outlines ambitious plans for hydrogen, methane use in bid to strengthen gas market

15 December 2021

The European Commission has published a draft bill to promote the use of hydrogen and biomethane across Europe, and to strengthen the resilience of the gas system after months of volatile gas prices and supply worries.

REM: Western Spirit transmission line sold to PNM Resources for $285mn

15 December 2021

Public Service Company of New Mexico has closed its $285mn purchase of the Western Spirit transmission line in New Mexico. The line will accommodate up to 800 MW of new wind energy in the eastern part of the state.

Russia draws up carbon operator rules

15 December 2021

The Russian Ministry for Economic Development has drawn up the procedure for determining payments for services provided by the operator of the register of carbon units.

Scirocco Energy to pioneer greener fertiliser in fresh food industry

13 December 2021

AIM-listed Scirocco Energy is to develop a new form of sustainable peat substitute, a type of green fertiliser, after signing an exclusivity agreement with UK sustainability technology provider SEM.

President Biden signs executive order to boost America’s clean energy economy

13 December 2021

President Joe Biden has issued an executive order that sets new goals for the US federal government to cut its carbon dioxide emissions by 65% by the end of this decade and to achieve net-zero emissions by 2050.

VP Kamala Harris and ex-Treasury Secretary Larry Summers address US renewables conference

13 December 2021

A top-drawer line-up of speakers has been addressing this week’s American Clean Power Association’s CLEANPOWER 2021 event in Salt Lake City, a sign of the coming of age of the renewable energy industry.

Can Russian aviation go green?

13 December 2021

Due to its history of pioneering technological development, its expansive geography, and its vast and well-financed petrochemicals industry, Russia could be at the forefront of green air travel if it chooses to be.

Belgian green energy producer launches arbitration to recover $79mn from Ukraine

13 December 2021

Belgian green energy producer launches arbitration to to recover $79mn from Ukraine

Total Eren launches studies of H2 Magallanes green hydrogen project

10 December 2021

Total Eren, a renewable energy producer established in 2017 by France’s Total (now TotalEnergies) and Luxemburg’s Eren, has begun work on studies for a large-scale green hydrogen project based on wind power in Chile.

Green Tech: Agilitee Africa set to build electric car assembly plant in Ghana

10 December 2021

The idea, when established, will further boost the government's vision to fully integrate Ghana and make it a competitive hub in the automobile industry

Ormat earns high revenues from Kenya’s Olkaria wells

10 December 2021

US power company Ormat continued to earn huge payouts from Kenya Power despite lower output at its Olkaria geothermal wells, exposing the downsides of protective electricity purchase contracts.

Kawasaki sets 2030 carbon neutral target, but only at domestic operations

10 December 2021

Japan's Kawasaki Heavy Industries aims to become carbon neutral at its domestic factories and offices in 2030 by using electricity generated by a 100-MW hydrogen-fuelled power plant it plans to build.

US to provide $500mn in soft loans to support Indian solar manufacturing

10 December 2021

The US International Development Finance Corporation (DFC) has approved up to $500mn of debt financing for First Solar’s 3.3-GW proposed photovoltaic solar module manufacturing facility in Tamil Nadu, India.

AIA Group divests from coal

9 December 2021

Global insurer AIA Group has become the latest insurer to divest its coal mining and coal interests by selling $10bn of investments in the fuel.

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