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.

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Two wind power plants proposed in Albania

10 October 2024

Two new wind power projects have been submitted to Albania’s Ministry of Infrastructure and Energy (MIE) for approval.

LBS Bina awards $24.2mn contract to Solarvest for 43-MWp solar farm

10 October 2024

Property developer LBS Bina Group Bhd has granted renewable energy firm Solarvest Holdings Bhd a contract worth MYR104mn ($24.2mn) to construct a 43-MWp solar farm in Senawang, Negeri Sembilan

NPCIL plans to build small nuclear plants for private players in India

10 October 2024

The Nuclear Power Corporation of India (NPCIL) plans to run small nuclear plants with a capacity of 220 MW for private players.

Mumbai-listed Gensol Engineering's solar EPC order book stands at $500mn

10 October 2024

Mumbai-listed Gensol Engineering, a renewable energy firm specialising in solar power engineering, procurement, and construction (EPC) services, announced on October 9 that its solar EPC order book stands at INR40.97bn ($500mn).

Saatvik Solar to supply 213 MW solar PV modules to L&T

10 October 2024

Saatvik Solar, an Indian solar PV module manufacturer, has signed a deed with Larsen & Toubro (L&T) to supply 213 MW of solar PV modules, the company announced on October 9.

Experts highlight untapped potential of India’s 10-GW geothermal energy

10 October 2024

The 300 hot springs in India with an estimated geothermal energy potential of 10 GW, if fully harnessed, can help fulfil the country's ever-increasing energy demand in an environment-friendly way, said experts at a conference in Pune, India.

EBRD to provide €50mn loan to Kosovo for energy efficiency projects in public buildings

9 October 2024

The European Bank for Reconstruction and Development (EBRD) announced plans on October 9 to provide a sovereign loan of up to €50mn to Kosovo for energy efficiency projects.

Serbia and UGT Renewables to sign 1-GW solar deal

9 October 2024

Serbia is poised to finalise a contract with US-based company UGT Renewables for the construction of solar parks with an installed capacity of over 1 GW, President Aleksandar Vucic announced on October 7.

IFC provides €500mn green loan to Engie

9 October 2024

France’s Engie has been granted a landmark sustainability-linked green loan worth €500mn from the International Finance Corporation.

Kenya to cooperate with Russia to develop nuclear and renewable energy sectors

9 October 2024

Kenya will increase collaboration with Russia to develop its nuclear and renewable energy industries, Kenya’s Ambassador to Russia stated at a forum held in the Russian city of Stavropol on October 4-5.

North Africa could supply 24GW of electricity to Europe via subsea links

9 October 2024

North Africa has the potential to deliver up to 24 GW of electricity to Europe, some 6% of its total needs currently produced by fossil fuels, through subsea interconnections, according to forecasts by Rystad Energy, Renewables Now reports.

The world add 670GW of new renewable capacity in 2024, almost on track to triple green power generation

9 October 2024

The world will add a huge 670 GW of new renewable capacity in 2024, bring government a step closer to the COP28 goal of tripling renewable generation capacity, the International Energy Agency (IEA) said in a report.

Estonia breaks ground on Europe’s biggest battery park

9 October 2024

Estonia has broken ground on a huge battery park just outside the capital Tallinn, which is expected to play a key role in the Baltic countries’ grid synchronization with the rest of Europe.

Romanian minister says EDF and Itochu interested in €1bn pumped hydropower plant project

9 October 2024

The companies Itochu from Japan and EDF from France are interested in the Tarniţa-Lăpuşteşti pumped-storage hydropower plant project in Romania and are reportedly willing to carry out the feasibility study at their own expense.

India’s top miner Hindustan Zinc to switch to green energy in five to seven years

9 October 2024

India’s largest miner Hindustan Zinc will complete its energy transition to renewable energy in seven years at the latest, the firm’s Chairperson Priya Agarwal stated.

Onagawa nuclear power plant set for historic restart after 12-year hiatus

9 October 2024

Tohoku Electric Power Co. has announced that the No. 2 reactor at the Onagawa nuclear power plant is poised to restart later this month, marking a significant milestone in Japan's energy landscape.

India needs to accelerate wind energy deployment to achieve target of 122 GW by FY2032: report

9 October 2024

India must accelerate its wind energy deployment by 22% annually to achieve its target of 122 GW of wind capacity by the 2031-32 financial year, according to a report by think tank Ember, published on October 8.

Avaada Group lays foundation for $1.63bn renewables energy plant in India

9 October 2024

Avaada Group has officially laid the foundation for its INR136.5bn ($1.63bn) renewable energy plant in Nagpur, Maharashtra, India.

ExxonMobil scraps plans for UK CO2 pipeline

8 October 2024

ExxonMobil has abandoned plans to lay a pipeline to transport CO2 from its Fawley oil refinery near Southampton to a storage site under the English Channel.

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