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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Ulaanbaatar adopts new asset class, OTC bond placement to IFC will finance 50-MW BESS

27 January 2025

The Governor’s Office of Ulaanbaatar has issued its first OTC market bond through a private placement to the World Bank Group’s International Finance Corporation (IFC), with the funds raised to finance a 50-megawatt battery energy storage system.

Iran fast-tracks renewables projects to address electricity shortage

27 January 2025

The head of the Investment Group of Iran’s Renewable Energy and Electricity Efficiency Organisation (SATBA) said that permits had been issued for the construction of 22,000 megawatts (MW) of renewable power plants, mostly solar across the country.

Cuba’s Sancti Spiritus province to inaugurate new solar projects

27 January 2025

The central Cuban province of Sancti Spiritus is ramping up efforts to transform its energy matrix by investing in solar power, aiming to reduce reliance on fossil fuels and increase energy sovereignty, state media reported.

Uzbekistan boasts Central Asia’s best wind and solar energy potential, says expert

27 January 2025

At the same time, projects face difficulties including corruption, resource management inefficiencies and climate threats such as sandstorms.

Feed-in-tariff costs for Japanese solar in 2025 set at JYP10 per kw/h

27 January 2025

For fiscal year 2025, Japan’s feed-in tariff (FIT) price for electricity generated from solar energy has been set at JPY10 per kilowatt hour.

India's Adani says Sri Lanka wind power projects not cancelled

27 January 2025

India's Adani Group’s wind power projects in Sri Lanka have not been cancelled, a company spokesperson confirmed on January 24, dismissing reports claiming the projects had been scrapped

Mongolia reportedly anticipates multi-billion-dollar green hydrogen, renewable energy agreements with Saudi Arabia

26 January 2025

Mongolia reportedly expects to ink several billion dollars’ worth of green hydrogen and renewable energy agreements with Saudi Arabia in coming months.

Hungarian authorities clear EVE Power's €1bn battery plant

26 January 2025

China's EVE Power was awarded an environmental permit on January 25 for its HUF400bn (€1bn) battery plant being built in eastern Hungary after a controversial permission procedure, according to civil groups.

NLB partners with MK Fintel Wind to expand Kosava wind farm in Serbia

26 January 2025

Slovenia’s NLB Group and its subsidiary, NLB Komercijalna banka, have signed an agreement with MK Fintel Wind to finance the expansion of the Kosava wind farm in Serbia,

Ukraine’s DTEK ready to expand in Moldova

26 January 2025

Ukraine’s DTEK energy holding is ready to help Moldova ensure its energy stability, said its CEO Maksym Timchenko following a meeting with Moldovan Prime Minister Dorin Recean on the sidelines of the World Economic Forum.

Algerian Sonelgaz reopens bidding for construction of three large solar plants

26 January 2025

Algerian utility Sonelgaz has reopened bidding for the construction of three large solar photovoltaic plants after terminating previous contracts awarded in May last year due to contractor failures.

Brazil’s Gerdau to acquire two hydroelectric plants in Mato Grosso

26 January 2025

Gerdau, the largest Brazilian steel producing company, has announced that its subsidiaries have signed agreements to acquire Rio do Sangue and Paranatinga Energia, which own the Garganta da Jararaca and Paranatinga II small hydroelectric plants.

China's Sungrow files environmental impact study for Chilean energy storage project

26 January 2025

Chinese renewable energy firm Sungrow has filed an environmental impact study for a $157mn energy storage project in Chile's Melipilla commune.

Solar and wind energy accounts for 42% of Chile's energy supply

26 January 2025

Chile hit a new renewable energy milestone in December 2024, with wind and solar providing 42% of its electricity generation, surpassing September's record of 39.6%, according to energy think tank Ember.

Foreign investment in Chile surges 68% in 2024

26 January 2025

Green hydrogen projects accounted for a significant portion of the energy sector investments in 2024, totalling $25.62bn.

El Salvador's electricity demand rises 4.3% in 2024

26 January 2025

El Salvador's electricity demand grew 4.3% to 7,145.2 GWh in 2024, according to the national energy market administrator Unidad de Transacciones.

Brazil’s first battery auction could draw $450mn

25 January 2025

Brazil plans to hold its first auction for battery and storage systems in June, potentially attracting $450mn in investments.

Brazil’s Embraer to launch first solar energy project in the US

25 January 2025

Brazil’s Embraer announced plans to install solar panels at its Executive Jets headquarters in Melbourne, Florida, marking the company’s first renewable energy project.

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