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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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Inspired Evolution raises $239mn for investment in Africa's renewable energy sector
South African private equity firm Inspired Evolution, focussed on clean energy, has achieved financial close of its Evolution III Fund, raising $238mn for investment on the continent.
High solar registration fees in South Africa may force more customers to leave state power utility Eskom
South Africa’s state-owned power utility Eskom is planning to introduce registration fees for customers who now have other electricity supply options from renewable energy sources.
Waaree Energies opens 5.4-GW solar cell gigafactory in India's Gujarat
Mumbai-based renewable energy company Waaree Energies has inaugurated a 5.4-GW solar cell gigafactory in Chikhli, Gujarat, the company announced in a press release.
Cuba bolsters renewable energy with new solar park
Cuba has inaugurated a 21.8-MW photovoltaic solar park in Villa Clara province, aiming to enhance its renewable energy capacity.
Solar panel users struggle to connect to Brazil’s power grid
The rapid expansion of solar power in Brazil has led to mounting difficulties for consumers connecting their systems to the grid, with industry groups accusing distributors of obstructing access, while utilities cite technical constraints.
Northern Lights partners okay FID for offshore Norway CCS project
Equinor, TotalEnergies and Shell have agreed the final investment decision for phase two of the Northern Lights carbon capture and storage project, located in the North Sea west of the Norwegian port of Bergen.
Nigeria's Rivy raises $4mn to scale clean energy financing across Africa after rebrand
Nigerian fintech company Rivy, formerly known as Payhippo, has secured $4mn in pre-Series A funding to expand its clean energy financing operations across Africa, following a strategic rebrand and pivot towards sustainable energy lending.
Shell abandons large-scale renewable projects in Brazil
Energy major Shell is discontinuing its solar and onshore wind power generation projects in Brazil as part of a "portfolio adjustment."
Kazakhstan launches World-Bank-supported Partnership for Market Implementation to boost carbon market
Kazakhstan has officially launched the World Bank-supported Partnership for Market Implementation (PMI) project, designed to enhance its national carbon market and accelerate the country’s shift toward green, resilient economic growth.
Croatia's INA starts geothermal drilling near Durdevac
US grants historic approval to Holtec to build and design nuclear reactors in India
US-based Holtec International has been approved by the US Department of Energy (DoE) to build and design nuclear reactors in India
World Bank approves $173.5mn loan to support Azerbaijan’s renewable energy infrastructure
The World Bank’s Board of Executive Directors has approved a $173.5mn loan to finance the Azerbaijan Scaling-Up Renewable Energy project.
Talks for Brazil’s Aeris Energy sale stall, but new investor possible
Negotiations between Aeris Energy and China’s Sinoma Blade for a potential acquisition have stalled, but the company is considering bringing in a strategic investor to address financial difficulties.
Calm weather left Germany reliant on coal power stations, despite building more wind farms
Germany's electricity market saw onshore wind power generation decline due to unusually low wind speeds in March, forcing the grid operator to switch to fossil fuel plants to meet the country's energy demands.
IDB commits $300mn to Colombia's sustainable development initiatives
The Inter-American Development Bank (IDB) has approved a $300mn loan to bolster Colombia's sustainable economic growth, focusing on climate action, natural capital utilisation, and energy transition.
Brazil’s Eletrobras deal expands government influence
Eletrobras, Brazil’s largest electricity utility company, has signed an agreement with the federal government to expand the Union’s representation on its Board of Directors, the company said in a press release, O Globo reported.
Colombia's Celsia to invest $316.5mn in renewable energy projects
Colombian power producer Celsia has unveiled plans to allocate up to COP1.3 trillion (approximately $316.5mn) towards renewable energy projects in 2025.
Eesti Energia launches voluntary takeover bid of Enefit Green
Eesti Energia, Estonia’s state-owned energy group, has launched a takeover bid to acquire full ownership of its renewables subsidiary, Enefit Green, the largest wind energy producer in the Baltics.
Saudi national afforestation programme to launch digital monitoring platform
Saudi Arabia's National Afforestation Programme will soon launch an electronic platform to monitor projects interactively and provide accurate, real-time reports to officials and stakeholders.
Bayas del Sur inaugurates Chilean battery storage system
Bayas del Sur, a Chilean company specializing in berry product processing, has inaugurated a new 200-kW, 800-kWh battery energy storage system at its facility in Purranque, Los Lagos region.
Ghana secures $25bn climate deal in major public-private partnership
Ghana has struck a landmark $25bn agreement with the private sector to combat climate change and drive sustainable development, marking one of the largest nature-based initiatives globally.
South Korea’s KHNP holds meeting with Kazakhstan’s Nuclear Energy Agency in Astana
Korea Hydro & Nuclear Power (KHNP), a subsidiary of Korea Electric Power Corporation, and Kazakhstan’s newly formed Nuclear Energy Agency (NEA) held a meeting in Astana to explore potential collaboration in the development of nuclear energy.
US sends Kyiv an even harsher fourth version of the mineral deal
A new draft of the proposed US-Ukraine minerals deal has drawn criticism in Kyiv as the new demands are even harsher than the previous three versions.
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