REM - Renewable Energy

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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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Does wind industry have sector-wide problems?

5 July 2023

Siemens Energy, the parent company of Siemens Gamesa, experienced a sharp decline in its stock value last month following the disclosure of costly failures at the wind turbine manufacturer.

ExxonMobil to develop US lithium-rich acreage in Tetra Technologies deal

5 July 2023

Oil supermajor ExxonMobil will develop more than 6,100 lithium-rich acres (24.9 square km) in the US with Tetra Technologies, reports Reuters in an exclusive report. The land is in Arkansas.

Itochu, Tokyo Gas eyed Japanese offshore wind auction – report

5 July 2023

The trading house Itochu and major utility Tokyo Gas are among about 20 companies that considered joining the second round of public auctions for offshore wind power projects in Japan, reported Nikkei.

UAE to invest $54bn in energy, triple renewables to 14.2 GW

5 July 2023

The United Arab Emirates is to triple its supply of renewable energy to 14.2 GW and invest as much as $54bn by 2030 to meet its energy demand.

Ørsted, ESVAGT sign second contract for vessel powered by e-methanol

5 July 2023

In 2024, the world’s first green fuels vessel for offshore wind operations will launch off the UK east coast, as the result of a ground-breaking agreement between two Danish companies, Ørsted and ESVAGT.

CorPower Ocean makes strides in wave energy

5 July 2023

Swedish company CorPower Ocean has resumed the deployment programme of its first commercial-scale wave energy converter. The C4, at Aguçadoura in northern Portugal, was not in operation for some months because of cable damage.

3 GW of land leased for solar development in Nevada

5 July 2023

The US has gained $105mn in high bids in an auction for solar development on federal land in the western US state of Nevada. The four parcels of 95.8 sq km (23,675 acres), in the Amargosa Desert, are administered by the US Bureau of Land Management.

UK prime minister U-turn on onshore wind

5 July 2023

UK Prime Minister Rishi Sunak is reportedly backtracking on plans to allow more onshore wind to be built in England, reports the Observer newspaper.

Renewables industry urges UK government to reform clean power auctions

5 July 2023

Three energy trade associations, RenewableUK, Energy UK and Scottish Renewables, have written a joint letter to Energy Secretary Grant Shapps recommending the UK government make urgent changes to their annual clean power auctions.

Corab, Kelfield to partner on 1-GW agri-photovoltaics project in Poland

5 July 2023

Polish firms Corab and Kelfield have inked a letter of intent to collaborate on a 1-GW agri-photovoltaic project in Poland, reports Renews.

NextEnergy Capital raises initial $480mn for solar fund

5 July 2023

UK-based NextEnergy Capital (NEC) has raised an initial $480mn for its fifth investment vehicle, a fund focused on solar and battery storage assets in the OECD.

TotalEnergies clears expansion at France's first biorefinery

4 July 2023

TotalEnergies has cleared an expansion in the circular renewable feedstock it processes at the La Mede biorefinery in France's Provence-Alpes-Côte d'Azur region, the company announced this week.

Brazil hopes to adopt offshore wind, green hydrogen laws this year

4 July 2023

Brazil aims to adopt a regulatory framework for offshore wind and green hydrogen by the end of 2023, its energy minister said.

New Jersey lawmakers vote to retain tax credit for Ørsted offshore wind project

4 July 2023

By a slim margin, New Jersey lawmakers voted to let Danish offshore wind developer retain federal tax credits to alleviate inflationary costs for the state’s first offshore wind farm.

Borneo 400-MW floating PV-hydropower link attracts attention

4 July 2023

The Malaysian state of Sarawak on the island of Borneo, 700 km east of the main Malay peninsula, has been selected as the location for a 400-MW floating solar project.

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