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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Ireland's Avolon and Turkey's Gozen to pioneer 'flying taxi' services in heavily congested Istanbul

29 March 2022

Avolon among launch customers for up to 1,000 zero-emission electrical vertical takeoff and landing (eVTOL) aircraft being developed by New York-listed Vertical Aerospace.

Ørsted to divest 50% ownership stake in its 1.3-GW Hornsea 2 for GBP3bn

29 March 2022

Danish offshore wind developer Ørsted has agreed to divest a 50% ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium consisting of AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.

South Africa court rules clean air is a constitutional right

28 March 2022

A court in South Africa (SA) has made a landmark ruling that clean air is a constitutional right, reports moneyweb.

North Carolina 1.3-GW offshore wind auction to be held on May 11

27 March 2022

The US Bureau of Ocean Energy Management (BOEM) has prepared two new lease areas for final auction off the North Carolina coast. The federal agency released a final sale notice and set an auction date for May 11.

US grid-scale storage market to face headwinds up until 2024

27 March 2022

Wood Mackenzie forecasts that supply chain pressures and delays within the interconnection queue of grid-scale storage in the US processing will persist up until 2024.

Massachusetts port to become US offshore wind hub

27 March 2022

The Port of New Bedford in Massachusetts will add another base of operations and terminal logistics facility to support offshore wind projects off the state and elsewhere on the North-Eastern coast seaboard.

Albania to hold monthly car-free days as fuel crisis bites

26 March 2022

The move was motivated by both environmental concerns and – more urgently – the need to reduce fuel consumption at a time when prices have risen sharply, sparking a series of protests.

TRIG raises GBP277.3mn for Hornsea 1

26 March 2022

The Renewables Infrastructure Group (TRIG) has raised GBP277.3mn ($366mn) in funds through a share issue for completing the purchase of Hornsea 1 and for repaying debt drawn under a revolving credit facility.

Rhode Island plans to procure 600 MW of offshore wind

26 March 2022

Governor Dan McKee of Rhode Island is backing new legislation which would require a procurement of approximately 600 MW of newly developed offshore wind capacity.

Norway’s 1.5-GW Utsira Nord to be allocated based on qualitative criteria

26 March 2022

The Norwegian government has confirmed that the 1.5-GW Utsira Nord floating offshore wind zone will be allocated to developers based on qualitative criteria that expedite technology development, not with an auction.

AfDB announces $2.8bn investment in South Africa, including for renewable energy transition

25 March 2022

The African Development Bank President, Akinwumi Adesina, has pledged the banks support for SouthAfrica by announcing a $2.8 billion package over a period of 5 years.

Think-tanks say total halt to EU Russian gas imports possible by 2025

25 March 2022

The EU stands a good chance of replacing 100% of its gas imports by 2025 without resorting to coal or new gas import infrastructure.

IEA warns against “weaponising” fossil fuels

24 March 2022

The International Energy Agency has warned that weaponising fossil fuels threatens the stability of the global energy system, and that pushing forward to energy transition is the best way to achieve energy security.

Singapore, Indonesia sign climate change partnership

24 March 2022

Singapore and Indonesia have signed a climate partnership focused on clean technology research and creating an international carbon market.

China’s solar, wind capacity reaches 330 GW

24 March 2022

China’s installed wind and solar capacity grew by 17.5% year on year to 330 GW during the first two months of 2022, according to official data released by the National Energy Administration (NEA).

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