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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Wind turbine manufacturer GE reduces losses in Q2

28 July 2021

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

28 July 2021

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

28 July 2021

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.

Eni, Kenyan Ministry of Petroleum and Mining sign MoU on biofuel processing capacity

28 July 2021

Italy’s Eni is moving forward with plans for the development of biofuel processing capacity in Kenya.

Poland looks to develop offshore wind

28 July 2021

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

28 July 2021

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

28 July 2021

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.

Net-Zero by 2050 could cost $173 trillion: BNEF

22 July 2021

Achieving net-zero carbon emissions by 2050 will require as much as $173 trillion in investments in the energy transition, according to BloombergNEF’s (BNEF) New Energy Outlook 2021 (NEO).

IEA warns that only 2% of post-pandemic spending is green

22 July 2021

The International Energy Agency (IEA) has warned that only 2% of post-pandemic spending commitments by governments, totalling $16 trillion, will fund green energy projects.

SA C&I sector starts to make inroads into solar PV market

22 July 2021

The South African solar PV market installed 1,313 MW during 2020, broken down into 813 MW of utility-scale systems and 500 MW of distributed generation.

IOC looks to build India’s first green hydrogen project

22 July 2021

State-run Indian Oil Corp. (IOC) intends to build the country’s first green hydrogen plant at its 8mn tonne per year (160,000 barrel per day) Mathura refinery in Uttar Pradesh, chairman Shrikant Madhav Vaidya said this week.

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