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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Repsol opens largest PV plant in Spain

28 July 2021

Repsol has announced the start of electricity production at its 264-MW Valdesolar photovoltaic complex, which is its largest solar installation in Spain.

Iberdrola boosts presence in Spain, the Baltic and Asia-Pacific

28 July 2021

The European Investment Bank and Iberdrola have signed a €550mn green loan agreement to support development, modernisation and digitalisation of the company’s electricity distribution networks in several Spanish regions.

New climate economy can boost rural America

28 July 2021

Rural communities in the United States can reap significant benefits from investments in the new climate economy, including measures to advance renewable energy, says a new report by the World Resources Institute

Hyundai E&C announces coal exit

28 July 2021

South Korea’s Hyundai Engineering and Construction will not take on any new coal power construction projects, although it will finish current projects in Vietnam and elsewhere across Asia.

Fossil fuels continue to dominate Indonesia’s new NDC

28 July 2021

Indonesia has submitted revised 2030 climate change targets to the UN, although fossil fuels are still set to dominate, providing 69% of the country’s primary energy supply by 2050.

Wind turbine manufacturer GE reduces losses in Q2

28 July 2021

GE Renewable Energy has reported a loss of $99mn in its second-quarter 2021 financials, compared with a loss of $251mn a year earlier, during the depths of the COVID-19 pandemic

Solar breaks installation records globally

28 July 2021

Every third power plant unit installed globally in 2020 was solar, according to the latest Global Market Outlook report by SolarPower Europe

Wind turbine manufacturer Nordex transfers Mexican blade plant to TPI

28 July 2021

Nordex Group and the US blade manufacturer TPI Composites have agreed to a strategic partnership under which Nordex will transfer the operation of its Mexican rotor blade production plant in Matamoros to TPI for a period of three years.

Eni, Kenyan Ministry of Petroleum and Mining sign MoU on biofuel processing capacity

28 July 2021

Italy’s Eni is moving forward with plans for the development of biofuel processing capacity in Kenya.

Poland looks to develop offshore wind

28 July 2021

Spain’s Acciona Energía has signed a memorandum of understanding with SSE Renewables to establish a 50:50 joint venture to explore offshore wind opportunities in the Polish energy market.

AsiaElec: Singapore’s Sunseap to invest $2bn in 2,200-MW floating solar and storage project in Indonesia

28 July 2021

Singapore’s Sunseap Group is to invest $2bn in developing a 2,200-MW floating solar plus storage project, the largest such solar project to date world-wide, on the Indonesian island of Batam.

AfrElec: Nigeria’s PowerGen secures $9mn project financing for mini-grid project

28 July 2021

Nigerian power developer PowerGen has secured project financing to build 28 distributed renewable energy (DRE) systems using solar PV and battery technology in rural areas.

Net-Zero by 2050 could cost $173 trillion: BNEF

22 July 2021

Achieving net-zero carbon emissions by 2050 will require as much as $173 trillion in investments in the energy transition, according to BloombergNEF’s (BNEF) New Energy Outlook 2021 (NEO).

IEA warns that only 2% of post-pandemic spending is green

22 July 2021

The International Energy Agency (IEA) has warned that only 2% of post-pandemic spending commitments by governments, totalling $16 trillion, will fund green energy projects.

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