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.

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Total seeks stake in Taiwan wind farm

19 May 2021

Total has signed an agreement with Germany-based wpd to acquire a 23% stake in Yunlin Holding, which owns the 640-MW Yunlin offshore wind farm, located off the coast of Taiwan.

California governor’s budget includes $20mn for offshore wind, $110mn for green hydrogen

19 May 2021

California Governor Gavin Newsom has announced a revised budget for the next fiscal year that includes $20mn for offshore wind and $110mn for green hydrogen.

Momentum for renewables continues to build in America

19 May 2021

Project developers in the US installed nearly 40% more wind power in the first three months of 2021 compared with the first three months of 2020, according to the American Clean Power Association.

Debate over LNG bunkering heats up

19 May 2021

The debate over the future of LNG as a marine fuel has intensified after the World Bank dismissed its potential to help decarbonise shipping.

Lukoil oil spill headed towards the Barents Sea

18 May 2021

An oil spill in the Komi Peninsula is four to five times bigger than initially thought, and may flood into the Barents Sea on Russia’s north-eastern coast if unchecked, environmentalists warned on May 17.

Global warming will open up Russia’s Far North to agriculture over next two decades

17 May 2021

The global climate crisis has a silver lining for Russia at least. Over the next two or three decades large swathes of Russia’s frozen northern regions will become warm enough to grow crops.

Nigeria’s Starsight Energy moves into East Africa

13 May 2021

Nigeria’s Starsight Energy has announced its acquisition of a 50% stake in the East African operations of Commercial and Industrial (C&I) solar power provider, Premier Solar Group.

Kenya to set up emissions trading system

13 May 2021

Kenya is close to setting up an emissions trading system in a bid to limit the release of greenhouse gases.

ACWA Power begins construction of 100-MW Redstone CSP project

13 May 2021

Saudi Arabia’s ACWA Power has announced the start of construction at the 100-MW Redstone CSP project in South Africa after reaching financial close.

Key Congressional leaders meet with Biden to discuss infrastructure plan

12 May 2021

Top lawmakers were meeting with President Joe Biden at the White House on May 12 to discuss Biden’s $2.3 trillion infrastructure plan. The president’s plan includes $100bn to modernise the electricity grid, as well as renewables incentives.

Energy Secretary Granholm backs wind and solar energy as Biden steers US towards renewable energy

12 May 2021

As the Biden administration continues to steer the US towards a future with a net-zero grid in terms of carbon emissions, Energy Secretary Jennifer Granholm has lauded wind and solar energy as the cheapest forms of electricity.

US government approves key 800-MW Vineyard offshore wind project

12 May 2021

In a breakthrough for the US offshore wind industry, the Biden administration has given final approval for the nation’s first commercial-scale project. The 800-MW Vineyard Wind will be sited 15 miles off Martha’s Vineyard, Massachusetts.

Massachusetts formally launches 1.6-GW solicitation

12 May 2021

In Massachusetts’ third tender for offshore wind, for 1.6 GW, projects must be for at least 200 MW. That is according to a request for proposal (RFP) published by state distribution companies along with the state’s Department of Energy Resources.

GE, Toshiba to localise Haliade-X turbine manufacturing in Japan

12 May 2021

GE Renewable Energy and Toshiba Energy Systems have signed a partnership agreement to localise critical phases of the manufacturing process of GE’s Haliade-X offshore wind turbine in Japan and to support its commercialisation in the country.

Sumitomo Mitsui becomes first Japanese bank to withdraw from coal

12 May 2021

Japanese banking giant Sumitomo Mitsui Financial Group is to withdraw from coal by halting new financing for all coal-fired power projects.

Taiwan reveals 15 GW of new offshore wind plans

12 May 2021

Taiwan has unveiled ambitious plans to build 15 GW of new offshore wind between 2026 and 2035, with annual additions set at 1.5 GW.

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