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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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Nigeria requires $200bn to fix power sector, minister says
Nigeria will require $200bn over the next 20 years to resolve its longstanding electricity challenges, Minister of Power Adebayo Adelabu said during the commissioning of a solar hybrid power plant.
Russia pushes to grow its influence in Africa’s nuclear future
Russia, under sanctions from the West over the war in Ukraine, is using nuclear partnerships to grow its influence in Africa.
EBRD launches Green City Action Plan for Cairo
Ghana seeks global partners to boost renewable energy as it targets 10% share by 2030
Ghana is seeking international investment to drive its renewable energy ambitions as the government aims to triple the sector’s share of the national energy mix by 2030.
Equinor and Polenergia greenlight €6.4bn offshore wind investment
Listed Norwegian energy company Equinor and its Polish peer Polenergia have approved final investment decisions for the construction of the Bałtyk 2 and Bałtyk 3 offshore wind farms.
Alternative energy company Alteo reports higher revenues but lower profits in Q1
Alternative energy company Alteo reported double-digit revenue growth in nearly all business segments during Q1, except energy services, the BSE-listed company announced on May 19.
Reliance Power to co-develop Bhutan solar project in JV with Druk Holding and Investments
Reliance Power, led by Anil Ambani, has entered into a commercial term sheet with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI)—the investment arm of the Royal Government of Bhutan—for a long-term PPA
Solar and battery projects at Joyful Honda stores target mid-2025 completion
Japanese company i Grid Solutions aims to finalise solar and battery installations at Joyful Honda hardware stores by June 2025, as part of an ongoing green initiative launched in 2022.
TPG-led consortium seeks Indian regulator nod to acquire Siemens Gamesa’s onshore wind business
A consortium led by TPG, Mavco Investments, and former JSW Energy CEO Prashant Jain has approached the Competition Commission of India (CCI) for approval to acquire the onshore wind power business of Siemens Gamesa Renewable Power
Indonesia's energy future: The structural hurdles to achieving independence
As Indonesia accelerates its march toward energy independence, President Prabowo Subianto's administration has made ambitious declarations: achieving full energy sovereignty within five years
Slovenia approves 30-MW solar power project
Slovenia’s government has approved the 30-MW Zlatoličje-Formin solar plant, which is set to be developed by Dravske Elekrarne Maribor (DEM).
Malawi gets $350mn World Bank backing for 358MW Mpatamanga Hydropower Storage Project
The World Bank has approved a $350mn grant to support Malawi's $1.5bn, 358-MW Mpatamanga Hydropower Storage Project (MHSP).
Latin American EV market accelerates threefold in 2024
The number of light electric vehicles in Latin America and the Caribbean saw a dramatic surge last year, tripling in size from 154,966 registered units at the end of 2023 to 444,071 vehicles by December 2024, according to data from Olade.
Japan’s top refiners scale back green energy plans as costs and energy security concerns soar
This cautious repositioning also includes a pivot towards LNG, with Eneos planning to strengthen and expand its LNG operations. Demand for LNG, the company believes, will likely continue to rise until around 2040.
Taiwan shuts final nuclear reactor amidst mixed reactions
Taiwan has officially ended its use of nuclear energy following the shutdown of its final operational reactor at the Maanshan Nuclear Power Plant in Pingtung County.
Philippines to boost power supply by 14.2 GW by 2030
The Philippine government plans to add 14,200 megawatts (MW) of new electricity capacity by 2030 to meet growing energy needs.
ReNew to invest $2.5bn in major hybrid renewables project in India's Andhra Pradesh
ReNew Energy Global has announced plans to invest around INR220bn ($2.5bn) in developing one of India’s largest hybrid renewable energy projects in Anantapur district, Andhra Pradesh, according to a company press release dated May 16.
China’s growing gap to Paris pledge threatens meeting of climate targets
The introduction of new Chinese renewable electricity pricing rules in June threaten the country’s ability to meet its Paris Agreement 2030 climate commitments, according to a report by Carbon Brief.
China’s CO2 emissions go into reverse for the first time
For the first time, China, the world’s biggest emitter of greenhouse gases, has seen its CO2 emissions go into reverse and start falling, despite a rapid growth in demand for power.
The world is getting darker, absorbing more sunlight, which is accelerating the Climate Crisis
The world is getting darker as the ice melts and that means it is absorbing more and more sunlight, which is accelerating the process.
EBRD backs €60mn in green and energy-efficiency loans for Ukrainian businesses
The EBRD will support up to €60mn in new loans to Ukrainian businesses and households under a risk-sharing agreement with ProCredit Bank, aimed at boosting energy production, storage and efficiency.
Discovery Green, Sasol to offer wheeled green electricity to South African SMEs
Energy trader Discovery Green and fuels and chemical group Sasol to supply wheeled renewable electricity to South African SMEs eager to reduce their carbon footprints that would otherwise not be able to sign multidecade PPAs.
Nigerian government approves revival of Ikere Gorge hydropower plant and new electricity substation
The Nigerian government has approved the revival of the Ikere Gorge Hydropower Plant in Oyo State and the construction of a new high-capacity electricity substation, aiming to expand electricity access and stabilise the national grid.
Sun King secures $80mn loan to power 4mn Nigerian homes
Solar energy company Sun King has secured an $80mn local-currency loan to expand off-grid electricity access to 4mn households in Nigeria, with financial backing from the International Finance Corporation (IFC) and Stanbic IBTC Bank.
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