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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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EBRD extends €25mn loan to Istanbul-listed Ofis for green livestock feed production
The European Bank for Reconstruction and Development (EBRD) is providing a €25mn loan to livestock feed producer Ofis Yem (OFSYM), according to a statement from the development bank.
IBC Solar consolidates African presence with acquisition of majority SOLARWORLD Africa stake
German solar energy systems provider IBC Solar has said its recent acquisition of a majority stake in South Africa-based SOLARWORLD Africa is a "key" step in its drive to grow its market share on the continent.
Solarise Africa commissions 1MW solar project at top South African farm
Pan-African renewable energy company, Solarise Africa, has switched on a 1-megawatt solar system at a large farm in western South Africa.
Egypt approves golden licences for three projects, including Masdar's 200MW wind farm in Suez Gulf
UAE-based renewable energy firm Masdar has secured a golden license from Egypt to develop a 200MW wind farm in the Gulf of Suez.
Thailand accelerates solar power push
Currently, Thailand boasts the largest solar capacity in the ASEAN region, with more than 3 GW of installed solar capacity as of 2024.
Indonesian financial services authority launches guidebook to strengthen carbon market integrity and literacy
Indonesia’s Financial Services Authority (OJK) has introduced a new guidebook titled “Understanding Carbon Trading for the Financial Services Sector” to help financial institutions and the wider public navigate the risks and potential of the country’
Energys secures planning approval for Victoria’s first green hydrogen facility
Australia’s hydrogen company Energys has received planning approval for its green hydrogen production facility in Hastings, Victoria, following what the company described as 18 months of engagement with the Victorian planning system
Kawan Renergy secures $8.3mn gas turbine co-generation project in Port Klang
Kawan Renergy Bhd has secured a contract worth approximately $8.3mn (MYR38.81mn) from Gas Malaysia Energy Advance Sdn Bhd (GMEA) for the construction of a gas turbine co-generation system at the FGV IFFCO Sdn Bhd facility in Port Klang’s Pandamaran
Philippines' EDC allocates $51mn to upgrade Palinpinon geothermal plant
Energy Development Corporation (EDC) is allocating nearly PHP3bn (approximately $51mn) to enhance the capacity of its Palinpinon 1 geothermal facility in Negros Oriental, demonstrating a continued push towards more reliable and sustainable energy.
New Delhi clears higher investment limit for NTPC’s green energy arm to boost renewable energy capacity
The Indian government has approved an enhanced investment limit for state-owned NTPC Limited and its green energy subsidiaries to accelerate renewable energy development, according to a press release issued by the Government of India dated July 16.
Croatia’s INA produces first sustainable aviation fuel at Rijeka refinery
Croatian energy company INA has produced sustainable aviation fuel for the first time at its Rijeka Oil Refinery as part of its efforts to reduce carbon emissions and comply with EU renewable energy targets.
Alcazar Energy launches $500mn wind park project in North Macedonia
Renewable energy company Alcazar Energy has officially launched construction of a $500mn (€430mn) wind park in the eastern North Macedonia’s town of Stip on July 16, marking one of the largest single energy investments in the country.
EBRD to extend €25mn loan to Turkey’s Burgan Bank under Green Economy Financing Facility II
The European Bank for Reconstruction and Development (EBRD) is to extend a €25mn loan to Burgan Bank Turkey, according to a statement from the multilateral development bank.
Nicaragua generates 73% of electricity from renewable sources
Nicaragua produces 73% of its electricity through renewable sources, with plans to add nearly 400 megawatts of solar energy over the next two years, Energy and Mines Ministry Executive Vice-President Horacio Guerra announced on July 11
India hits 50% non-fossil fuel electricity capacity five years ahead of target
India has reached a major milestone in its energy transition journey, achieving 50% of its installed electricity capacity from non-fossil fuel sources, five years ahead of its Nationally Determined Contributions target under the Paris Agreement
Argentina faces renewable sector crisis due to inefficient equipment, GlobalData claims
Argentina's power generation sector faces critical challenges with outdated and inefficient equipment, according to a new GlobalData report.
Oxford study warns countries betting too heavily on carbon removal to hit climate goals
A new analysis by researchers at the University of Oxford raises red flags over the widespread dependence on carbon dioxide removal in national climate strategies.
Ukraine targets $2bn investment in critical materials and green technology projects
Ukraine plans to attract more than $2bn in investment over the next five years to develop its critical raw materials sector and green technologies.
Four catastrophic rainstorms hit US in one week
In a span of just six days, the United States endured four separate rainstorms of exceptional magnitude – each considered so statistically rare that their occurrence in a single week has left scientists deeply concerned.
Kazatomprom signs uranium supply agreement with Slovakia’s largest power producer
Kazakhstan’s national nuclear company Kazatomprom has signed a memorandum of understanding with Slovenske elektrarne a.s. (SEAS), Slovakia’s largest electricity producer, to explore future uranium exports.
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