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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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ACWA Power’s 200-MW Kom Ombo solar project obtains $123mn financing package
ACWA Power, a leading Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has secured a $123mn financing package to develop the 200-MW Kom Ombo solar project in Egypt.
Nine European nations pledge increased offshore wind – but can they meet the target?
The North Sea is set to become Europe’s largest green power plant, as nine countries in Europe have pledged to increase the capacity of offshore wind farms by eight times their current level before 2050.
Ørsted, Acciona to explore floating wind turbine foundations
Denmark’s Ørsted has signed a memorandum of understanding with the infrastructure division of Acciona of Spain to explore options for floating offshore wind foundations.
Ocean Winds project off Scotland reaches $2.5bn financial close
Ocean Winds has clinched GBP2bn ($2.5bn) of non-recourse project finance and reached financial close on the 882-MW Moray West offshore wind project off Scotland.
“Staggering” volume of US green energy build projected by 2030
A “staggering” 600 GW of clean-energy build is projected to be built in the US by 2030, according to BloombergNEF forecasts.
GE posts heavy renewables losses
In the first quarter, GE Renewable Energy reported a loss of $400mn, but there were signs of progress with aggressive cost control, better pricing and the US climate law, the Inflation Reduction Act (IRA).
Google, EDP Renewables sign framework for 500 MW of US distributed solar
Google and a unit of EDP Renewables (EDPR) have signed a framework agreement targeting the development and installation of more than 80 distributed solar photovoltaics projects with around 650 MWp (500 MWac).
Automaker Stellantis tests synthetic e-fuels
Stellantis, the parent company of auto brands such as Jeep, Opel, Peugeot and Fiat, is currently experimenting with synthetic e-fuels that are produced using renewable energy sources.
Molybdenum disulphide proposed as new material for solar cells
Researchers at Colorado State University (CSU) in the US have proposed making thin-film solar cells using molybdenum disulphide, a material which is widely available. Currently most solar panels are made from silicon.
French offshore wind sector launches France Offshore Renewables
France Offshore Renewables has been set up as an initiative of six French business groups and clusters to promote the French offshore wind sector internationally.
Macquarie to divest from eight UK offshore wind farms
Macquarie Asset Management has reached an agreement to sell stakes in eight offshore wind farms around the UK to infrastructure manager and investor, Equitix.
Chile to nationalise lithium industry
Chile will nationalise its lithium industry to boost the economy and protect the environment, said President Gabriel Boric on April 20.
UK’s Field Energy plans battery storage in Italy
Field Energy plans to expand its battery storage business into Italy. Field intends to deploy large-scale battery storage projects in the Mediterranean country, which it will operate using its proprietary energy trading platform, Gaia.
Siemens Gamesa launches wind turbine tower with greener steel
Siemens Gamesa has announced the GreenerTower, a wind turbine tower made of more sustainable steel.
Solar generation in Brazil exceeds 20 GW
Ameresco, Sunel to bid on 1.5 GW of solar and storage in Europe
Ameresco and Sunel Group have joined forces to bid on solar and battery storage projects totalling more than 1.5 GWp in the UK, Greece, Italy, Spain and Romania.
Global offshore wind soars in face of energy market vulnerability
New research from the Renewables Consulting Group (RCG) finds that global offshore wind market development soared during 2022 due to energy vulnerability across several key European markets.
Siemens, Dragados to provide offshore grid to German North Sea
Germany’s Siemens Energy and Spain's Dragados Offshore are to provide high-voltage direct current (HVDC) transmission technology for three grid connections in the German North Sea.
Norway’s offshore wind potential totals 338 GW
A new analysis from Multiconsult shows that it is possible to develop 338 GW of offshore wind in Norway. Currently, the Norwegian government's target is 30 GW by 2040.
UK and Netherlands to explore 2-GW offshore wind connector
The UK and the Netherlands have unveiled LionLink, a high-voltage interconnector (HVDC) under the North Sea that could link up to 2 GW of Dutch offshore wind farms to the grids of both nations.
US urges Turkmenistan to cut methane emissions to help battle climate crisis
Secretary of State Antony Blinken addresses urgent issue during Washington visit of Turkmen counterpart. Military chiefs of two countries hold concurrent meeting on security challenges.
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