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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Siemens Energy takes $2.4bn loss from wind turbine quality issues

10 August 2023

Publishing its third-quarter results, Siemens Energy said the troubles at Siemens Gamesa, one of the world’s biggest wind turbine manufacturers, would come at a cost of €‎2.2bn, causing its net loss to balloon sixfold to €‎4.5bn for 2023.

Spain’s ID Energy secures credit for solar, wind projects

10 August 2023

Spain's ID Energy Group has successfully secured a development debt facility to bolster its late-stage solar PV and onshore wind projects across Europe, the company reported on August 9.

EDF, Canadian Solar reach 7-GW PV deal in US

10 August 2023

Canadian Solar and EDF Renewables North America unveiled a substantial multi-year module supply agreement this week, signalling a strategic partnership to deliver up to 7 GW of high-efficiency N-type TOPCon solar modules.

US scientists make fusion power breakthrough

10 August 2023

US scientists have successfully achieved net energy gain in a fusion reaction for the second time since December 2022, marking a significant step towards the future of clean power.

Norway gives more time for offshore wind applications

10 August 2023

The Norwegian Ministry of Petroleum and Energy has extended the application deadline for offshore wind project areas in the Southern North Sea II and Utsira Nord regions until November 1.

Lobby group praises Lithuanian changes to wind contracts

10 August 2023

Industry lobby group WindEurope has lauded Lithuania's strategic choice to employ a contracts for difference mechanism in its forthcoming second offshore wind tender.

Renewable investments surge after Biden's IRA legislation

10 August 2023

Renewable energy investments experienced a substantial upswing during the year following US President Biden's signing of a comprehensive climate, tax, and health care bill, as reported by the American Clean Power Association, an industry trade group.

BP may not seek subsidies for Irish Sea offshore wind

10 August 2023

BP may not use government subsidies with a contract for difference for its 3-GW Morgan and Mona offshore wind projects in the UK’s Irish Sea.

Masdar marks roadmap to $3bn green bond offering

10 August 2023

Masdar of Abu Dhabi has marked the successful completion of its first green bond issuance for $750mn 10-year senior unsecured notes at London Stock Exchange (LSE).

Kenya seeks investors in 22-MW geothermal power plant

9 August 2023

The Kenyan government intends to bring on board investors to implement the Paka geothermal power plant that will have the capacity to generate 22 MW.

Uganda picks Russia, South Korea to build two nuclear plants with total 15,000MW capacity

9 August 2023

Uganda, rich in untapped uranium deposits, plans to export electricity generated by the NPPs to underserved countries in the region including the DR Congo, South Sudan and Chad.

India’s NTPC to build 550-MW solar plant

8 August 2023

India’s NTPC Renewable Energy has been granted a letter of award to build a 550-MW solar plant, Green Tech Lead reported on August 1.

Cambridge Power receives permit for 60-MW battery

8 August 2023

UK energy storage developer Cambridge Power has obtained planning permission for the development of a 60-MW battery energy storage system (BESS) in Yorkshire, northern England, Renews reported on August 1.

APEX Group acquires land for 600-MW green hydrogen plant

8 August 2023

German developer and operator of green hydrogen electrolysis plants APEX Group revealed that it has reached agreement to purchase three plots of land in Lubmin, north-eastern Germany, to construct a 600-MW green hydrogen plant.

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