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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.
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Kosovo’s Bajgora wind park may soon start operations
SEC boss says climate risk rules to be proposed by year end
Gary Gensler, chair of the Securities and Exchange Commission (SEC), has said that he prefers mandatory disclosure on climate risk and that he has asked agency staff to develop a rule by the end of 2021.
KenGen aims to build 682 MW of geothermal in four years
Kenyan state generator KenGen aims to install 682 MW of new geothermal capacity over the next four years in a bid to meet rising demand and achieve a new source of cheap electricity.
IRENA points to resilient and sustainable potential of offshore wind
Offshore wind has the potential to accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system.
Acciona launches solar project in Chile
Spain’s Acciona Energía has commissioned its Malgarida photovoltaic complex (238 MW) in the Atacama desert in Chile.
Oyster Bay wind farm begins operation in South Africa
Enel Green Power RSA’s 140-MW Oyster Bay wind farm, in South Africa’s Kouga municipality in the Eastern Cape, has begun commercial operation.
Italy’s Eni acquires solar projects in Spain and France
Italy’s Eni is to buy 1,200 MW of Spanish wind and solar projects from Madrid-based European private equity manager Azora for an undisclosed price.
Repsol opens largest PV plant in Spain
Repsol has announced the start of electricity production at its 264-MW Valdesolar photovoltaic complex, which is its largest solar installation in Spain.
Iberdrola boosts presence in Spain, the Baltic and Asia-Pacific
The European Investment Bank and Iberdrola have signed a €550mn green loan agreement to support development, modernisation and digitalisation of the company’s electricity distribution networks in several Spanish regions.
New climate economy can boost rural America
Rural communities in the United States can reap significant benefits from investments in the new climate economy, including measures to advance renewable energy, says a new report by the World Resources Institute
Hyundai E&C announces coal exit
South Korea’s Hyundai Engineering and Construction will not take on any new coal power construction projects, although it will finish current projects in Vietnam and elsewhere across Asia.
Fossil fuels continue to dominate Indonesia’s new NDC
Indonesia has submitted revised 2030 climate change targets to the UN, although fossil fuels are still set to dominate, providing 69% of the country’s primary energy supply by 2050.
Wind turbine manufacturer GE reduces losses in Q2
GE Renewable Energy has reported a loss of $99mn in its second-quarter 2021 financials, compared with a loss of $251mn a year earlier, during the depths of the COVID-19 pandemic
Solar breaks installation records globally
Every third power plant unit installed globally in 2020 was solar, according to the latest Global Market Outlook report by SolarPower Europe
Wind turbine manufacturer Nordex transfers Mexican blade plant to TPI
Nordex Group and the US blade manufacturer TPI Composites have agreed to a strategic partnership under which Nordex will transfer the operation of its Mexican rotor blade production plant in Matamoros to TPI for a period of three years.
Australia’s SSE Renewables and Spain’s Acciona Energia eye Poland’s offshore wind power market
Eni, Kenyan Ministry of Petroleum and Mining sign MoU on biofuel processing capacity
Italy’s Eni is moving forward with plans for the development of biofuel processing capacity in Kenya.
Poland looks to develop offshore wind
Spain’s Acciona Energía has signed a memorandum of understanding with SSE Renewables to establish a 50:50 joint venture to explore offshore wind opportunities in the Polish energy market.
AsiaElec: Singapore’s Sunseap to invest $2bn in 2,200-MW floating solar and storage project in Indonesia
Singapore’s Sunseap Group is to invest $2bn in developing a 2,200-MW floating solar plus storage project, the largest such solar project to date world-wide, on the Indonesian island of Batam.
AfrElec: Nigeria’s PowerGen secures $9mn project financing for mini-grid project
Nigerian power developer PowerGen has secured project financing to build 28 distributed renewable energy (DRE) systems using solar PV and battery technology in rural areas.
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