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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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Wind growth needs to quadruple to meet net-zero goals
The global wind industry posted its second-best year ever in 2021, posting 12% growth and adding 93.6 GW of new capacity onshore and offshore, bringing the global fleet to 837 GW.
Vestas secures flurry of orders at end of Q1
Vestas, the Denmark-based leading wind turbine manufacturer, announced 13 orders on March 31, the final day of Q1. The orders amounted to nearly 1 GW.
Ørsted reveals plans for “modular” energy island
Danish offshore wind project leader Ørsted has revealed how it would build an offshore energy island off Denmark. It is partnering on the North Sea Energy Island with Danish pension fund ATP.
Siemens Gamesa starts manufacturing of major offshore wind components in Le Havre, France
Siemens Gamesa has started manufacturing its offshore Direct Drive wind turbine nacelles and IntegralBlades at its new factory in Le Havre, France. The plant is the world’s first offshore nacelle and blade facility under one roof.
Vestas to partner with rival for V150-4.2 MW blade production in Brazil
Vestas, the leading wind turbine manufacturer, has signed a supply agreement with LM Wind Power for production of V150-4.2 MW turbine blades primarily for the Brazilian market and possibly for export as well.
Development at 1.47-GW East Anglia TWO and East Anglia ONE North approved
Development consent has finally been given to ScottishPower Renewables’ 867-MW East Anglia TWO and 602-MW East Anglia ONE North off Suffolk in eastern England.
Aker Offshore Wind to merge with Mainstream Renewable Power
Norwegian Investment company Aker Horizons has announced that Aker Offshore Wind (AOW) will be combined with Mainstream Renewable Power to create an “industrially and financially stronger renewable energy developer.”
US Wind announces $11mn for offshore wildlife research
US Wind has announced $11mn in funding over ten years to the University of Maryland Center for Environmental Science for research aimed at understanding the potential effects of offshore wind development on marine wildlife
EU launches WTO challenge against UK over offshore wind
The European Union has launched its first ever challenge against Britain at the World Trade Organisation (WTO) over the UK’s subsidy scheme for offshore wind. The UK left the EU in January 2020 in a move called Brexit.
Maersk wins installation contract for more than 2 GW of US wind farms
In the US, Maersk Supply Service will construct a pioneering wind installation vessel for Equinor and oil super-major bp for the Empire 1 and 2 wind offshore farms, which together will comprise more than 2 GW and come online 2026-2028.
Wind and solar growth must accelerate to keep pace with demand for power
Wind and solar accounted for a record 10.3% of global electricity consumption in 2021, after solar generation rose by 23% and wind grew by 14%.
Virginia AG’s office: Dominion Energy’s proposed $9bn 2.64-GW offshore wind farm poses “significant” financial risks for consumers
The Virginia Attorney General’s office has told state regulators that Dominion Energy’s proposed $9bn 2.64-GW offshore wind farm off Virginia poses “significantly risks” for consumers and that its economic benefits have been exaggerated.
Energy transition needs $5.7 trillion per year until 2030
The world needs to invest $5.7 trillion per year between now and 2030 if it is to have any chance of limiting global warming to 1.5°C.
Shenhua to increase focus on green investment by 2030
China Shenhua Energy plans to increase investments in renewable energy to 40% of capex by 2030 and will not build any new coal plants from 2025.
Wind and solar growth must accelerate to keep pace with demand for power
Wind and solar accounted for a record 10.3% of global electricity consumption in 2021, after solar generation rose by 23% and wind grew by 14%.
Poland eyes 50 GW of renewable capacity by 2030
Biden administration to probe claim against SE Asian assemblers of solar components
The Commerce Department on March 28 announced a probe into solar panels imported from four Southeast Asian countries over the possibility that the panels are circumventing tariffs imposed to protect domestic US manufacturing.
Shell UK to invest up to GBP18.75bn in renewables and low carbon
Shell UK has unveiled plans to invest GBP20bn ($26.3bn) to GBP25bn in the UK energy system over the next 10 years. More than 75% of this – or up to GBP18.75bn – is intended for low and zero-carbon products and service.
UK energy strategy held up, to be released April 5
The UK’s new energy strategy has been held up over a row within the Cabinet over onshore wind planning and funding for highly controversial nuclear plants.
Trudeau unveils C$9.1 bn plan to meet 2030 carbon targets
Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.
REM: Trudeau unveils C$9.1bn plan to meet 2030 carbon targets
Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.
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