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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Grenergy to boost Chilean renewable sector with world's largest energy storage system

3 February 2025

Chile's renewable energy sector has achieved a significant milestone as Grenergy secures $299mn in financing for the Víctor Jara phase of its Oasis de Atacama project, set to become the world's largest battery energy storage system.

Ecuador's rural energy supply boosted by installation of 912 pv systems

3 February 2025

Ecuador's rural electrification efforts have reached a significant milestone with the installation of 912 photovoltaic systems, benefiting over 2,700 residents in remote and dispersed rural areas.

Guyana's landmark hydropower project delayed to 2029

3 February 2025

Guyana's Amaila Falls Hydropower Project has been pushed back to 2029, marking a significant shift in the country's clean energy transition strategy as it prioritises gas-powered electricity generation to meet growing demand.

India eyes at least 100GW of nuclear power by 2047

3 February 2025

During the Union Budget 2025–26 presented on February 1, the Indian government announced the launch of the Nuclear Energy Mission, aiming to develop at least 100GW of nuclear power by 2047.

UAE keen to invest in renewables in Iran, says senior Iranian official

2 February 2025

A senior official at the Iranian Department of Environment said the United Arab Emirates was interested in investing in Iran’s renewable energy sector.

EBRD to support Poland’s green transition with €200mn loan for Baltica 2 wind project

2 February 2025

Baltica 2 offshore wind farm will be a boon for Poland, which is struggling to meet its green transition targets.

China hit its ambitious renewable energy targets six years ahead of schedule

2 February 2025

China remains the largest emitter of GHGs, but it has also emerged as the global green energy champion after Beijing threw itself into building out its renewable energy generating capacity.

Brazil’s energy subsidy costs hit $2.92bn amid legal disputes

2 February 2025

Brazil's energy regulator, Aneel, has projected that subsidies for wind and solar power generators will cost BRL17.1bn ($2.92bn) this year, or 42% of the Energy Development Account (CDE), a fund financed through electricity bills.

Brazil’s Neoenergia nears sale of Baixo Iguaçu hydroelectric stake

2 February 2025

Neoenergia is in advanced talks to sell its 70% stake in the Baixo Iguaçu hydroelectric plant in Paraná state, with a valuation between BRL1bn ($171mn) and BRL1.2bn.

The UK, Germany and China lead global offshore wind farm roll-outs, but the rest of the world is lagging far behind.

2 February 2025

Poland is about to double its offshore wind power generation capacity but apart from Germany and the UK, offshore wind power remains underdeveloped around the world, with the notable exception of China.

Solfium secures investment to expand solar solutions in Latin America

2 February 2025

Solfium, a Canadian-founded solar energy firm, has joined Telefonica Movistar's innovation investment portfolio through its Wayra Hispam unit.

Slovenia launches €16mn renewable energy investment programme

2 February 2025

Slovenia will launch a public call for co-financing investments in community self-sustainability of electricity from renewable energy sources for the period 2025 to 2027.

EBRD invested over €800mn in Serbia in 2024

2 February 2025

The EBRD invested a record €807mn in Serbia in 2024. The investment was spread across 37 projects, with nearly €500mn directed towards advancing the green economy.

Serbia to host Western Balkans' first Greenfield eco-industrial park

31 January 2025

The EU, IFC and the city of Sabac in western Serbia have signed an agreement to build the first Greenfield eco-industrial park in the Western Balkans.

IFC to extend loan of up to $150mn to Istanbul-listed Koc’s auto retail and car rental unit Otokoc for EV purchases

31 January 2025

The International Finance Corporation (IFC), a unit of the World Bank Group, is to extend a loan of up to $150mn to Otokoc, the IFC has announced.

Mission 300 electrification initiative for Africa by World Bank, AfDB secures $8bn in new funding commitments

31 January 2025

The Mission 300 initiative, launched by the World Bank and the African Development Bank (AfDB) to connect 300 million Africans to electricity, has secured over $8bn in new funding commitments.

Kazatomprom secures new uranium exploration licence

31 January 2025

Tumodo, a business travel platform serving the MENA region and India, is expanding its operations into Kazakhstan as part of its strategic growth plan, the company said in a press release on January 30.

Czech iron and steel plant Trinecke zelezarny to invest €1bn into ecological production

31 January 2025

Czech iron and steel plant Trinecke zelezarny (TZ) is to invest €1bn into technologies and ecological steel production.

Australia’s mega renewable energy project faces key hurdles

31 January 2025

A proposed renewable energy project in Western Australia, set to be the largest of its kind globally, is awaiting government approval

Indonesia weighs energy transition following US Paris Agreement exit

31 January 2025

Indonesia faces a tough balancing act in its energy transition following the US withdrawal from the Paris Agreement under President Donald Trump, Energy Minister Bahlil Lahadalia said January 30

Russia to restructure troubled hydropower major RusHydro

31 January 2025

The Russian government is preparing a number of measures to improve the economic condition of the state hydropower holding RusHydro

India’s PM SuryaGhar scheme brings rooftop solar to 850,000 homes in first year

31 January 2025

Under the PM SuryaGhar Yojana, which aims to facilitate the installation of 10mn solar panels, the Indian government has managed 850,000 installations in the first year

CSE-listed Troy Minerals sees production this year at Tsagaan Zalaa high-purity silica project in Mongolia

31 January 2025

Canadia Securities Exchange-listed Troy Minerals is moving forward with its mining permit application for Tsagaan Zalaa high-purity silica project in Mongolia, and sees production starting this year, says company president Yannis Tsitos.

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