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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Iranian giant to carry out conversion scheme at steam power plants

2 December 2024

The Iranian industrial giant Mapna group plans to convert 4,000 megawatts (MW) power produced by steam power plants to combined cycle facilities, said the CEO of the corporation’s power division.

Colombia’s Bia Energy secures $8.5mn to strengthen green energy push

2 December 2024

Bia Energy, a Colombian startup focused on energy solutions, has raised $8.5mn in a bridge funding round ahead of its Series B, Forbes reported. The round attracted green-focused investors, including RA Capital Management Planetary Health.

Saudi Arabia launches UN desertification talks with $150mn pledge

2 December 2024

Saudi Arabia launched United Nations talks on combating desertification on December 2, pledging $150mn over the next decade to tackle land degradation that threatens billions of people globally.

The hurricane season in 2024 was weird

2 December 2024

The Atlantic hurricane season of 2024 was a weird one. It both produced more, and more destructive, hurricanes than usual, but at the same time it had a calm hole in the middle where there should have been at least four hurricanes.

Renewables firm Pele Green achieves financial close on 100-MW solar project in South Africa

2 December 2024

Pele Green Energy, a South African renewable energy company, has reached financial close on a 100-MW solar project designed to supply power to the ferroalloys operations of Swiss mining company Glencore and its joint venture partner, Merafe Resources

Copenhagen Infrastructure Partners seals corporate PPA for Taiwan’s Fengmiao offshore wind farm

2 December 2024

Copenhagen Infrastructure Partners (CIP) has signed a landmark corporate power purchase agreement (PPA) for its 500-MW Fengmiao I offshore wind farm in Taiwan, marking a significant shift in the region’s energy landscape.

Montenegro’s EPCG inks contract for Krusevo HPP project

2 December 2024

Montenegro’s power company EPCG has signed a contract with local Jaroslav Cerni institute for the preparation of a detailed project and geological survey for the construction of the Krusevo hydropower plant.

US imposes preliminary duties on Southeast Asian solar imports

2 December 2024

The US Commerce Department has announced preliminary duties of up to 271% on solar imports from Southeast Asia, citing findings that these products are being sold below production costs, harming domestic manufacturers

Sri Lanka to open bids for two 500-MW wind power projects

2 December 2024

Sri Lanka plans to invite bids for two 500-MW offshore wind power plants near Mannar and Puttalam after feasibility studies conclude in 2027.

Leader energy to power up Cambodia with 150 MW wind farm

2 December 2024

Leader Energy, a prominent player in Southeast Asia's energy sector, is set to pioneer large-scale wind power in Cambodia.

Iran eyes developing solar thermal energy plants

1 December 2024

Iran’s Energy Ministry aims to develop solar thermal energy as part of efforts to diversify resources to generate power amid a lingering electricity shortfall.

Albania needs $6bn investment to combat climate risks, says World Bank

1 December 2024

Albania, one of Europe’s most disaster-prone countries, must invest $6bn over the next decade to protect its citizens and infrastructure from the mounting risks posed by climate-related disasters, according to a new report from the World Bank.

Canada advances nuclear collaboration with Southeast Asia

1 December 2024

Canada is strengthening its ties with Southeast Asia in nuclear energy, leveraging its expertise to support the region's shift toward atomic energy solutions

Maxion Wheels advances sustainability with new solar initiative in Mexico

1 December 2024

Maxion Wheels has embarked on a significant sustainability initiative, deploying a sophisticated solar photovoltaic system at its Chihuahua manufacturing facility in collaboration with Iberdrola Mexico.

Petrobras taps European Energy, targets 10 offshore systems by 2029

1 December 2024

Petrobras has signed a Heads of Agreement (HoA) with Denmark’s European Energy to advance plans for a commercial-scale e-methanol plant in Pernambuco.

Brazil becomes sixth country to achieve 50 GW of solar

30 November 2024

Brazil’s solar energy capacity has surpassed 50 GW, making it the sixth country to achieve this milestone, according to the Brazilian Association of Photovoltaic Solar Energy (Absolar).

UAE’s Masdar acquires majority stake in Greece's Terna Energy in €3.2bn deal

30 November 2024

Abu Dhabi-based renewable energy company Masdar has agreed to acquire 70% stake in Greece's Terna Energy, valuing the enterprise at €3.2bn (AED12.62bn).

Serbia’s EPS installs first turbine at Kostolac wind farm

29 November 2024

Serbia’s state-owned electricity producer, Elektroprivreda Srbije (EPS), announced on November 28 the installation of the first wind turbine at the Kostolac wind farm in eastern Serbia.

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