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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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Ecuador's Novopan to invest $14mn in biomass plant
Ecuadorian wood panel producer Novopan will invest over $14mn in a biomass plant to reduce fossil fuel usage in its production process, the company has revealed.
Greek PPC to take over €700mn renewables portfolio from Macquarie in Romania
629MW renewable energy generation portfolio to double PPC's assets in Romania, as it expands in Southeast Europe.
Iran shuts offices in three provinces, cuts working hours in 13 others amid intense heat
The Iranian government shut state-run organisations and banks in Isfahan, Tehran and Karaj on August 7 due to searing heat and shortened operating hours at similar facilities in 13 other regions for a second consecutive day.
Germany takes record FIDs on green hydrogen projects
European green hydrogen developers made final investment decisions on five new plants in July, boasting a combined electrolysis capacity exceeding 450 MW.
EBRD, Eiffel to allot €24mn to Lithuania's INVL fund for solar plant in Romania
The French asset management company Eiffel Investment Group (Eiffel) and the European Bank for Reconstruction and Development will provide €24.4m in funding to INVL Renewable Energy Fund I to construct a 60-MW solar power plant in Romania.
Iran’s green power yield puny amid spiralling electricity demand
Iran’s renewable energy output grew only 2.6% in July in a month that the national grid was overtaxed by unprecedented power consumption due to extreme heat sweeping the country.
EnergyX bids $150mn for Galan Lithium's Argentine assets
US lithium technology startup EnergyX made a $150mn bid for Galan Lithium's assets in Argentina as part of its strategy to consolidate the acreage needed for electric vehicle battery metal production amidst low market prices.
New South Wales mulls changes to renewable fuels strategy
Australia's New South Wales state is considering revising its renewable fuels strategy to support its emission reduction targets and achieve net zero by 2050.
Singapore launches carbon trading platform
Singapore has officially launched the Singapore Carbon Market Alliance, a platform aimed at better connecting buyers and sellers of carbon credits.
ADB approves $21mn grant as additional financing to expand renewable energy in Tajikistan via HPP modernisation
AMEA Power breaks ground on 24-MW solar project in Uganda
UAE-based renewable energy developer AMEA Power has commenced construction on the Ituka solar photovoltaic project, which, upon completion, will be the largest solar installation in the region
Zambia to import electricity from Zimbabwe as local hydro output suffers impact of "worst drought in 40 years"
Zambia will import electricity from Zimbabwe as its hydropower plants, which produce up to 80% of the power it consumes, have been hampered by a drought.
Almost 25% of US Congress denies climate crisis
Currently, 123 members of the current US Congress deny the scientific consensus of human-caused climate change, says the Centre for American Progress (CAP), a think-tank. That is 23% of the 535 total members.
US targets ‘super-pollutant’ nitrous oxide
The administration of US President Joe Biden is targeting a super-pollutant, nitrous oxide.
Antarctic temperatures rise 28 degrees Celsius above normal
Antarctica is enduring an alarming second heatwave in two years. Ground temperatures in the east of the continent surged over 50 degrees Fahrenheit (28 Celsius) above average.
EBRD, Eiffel Investment Group lend €24.4mn to INVL Renewable Energy Fund I for PV plant in Romania
The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide in equal shares €24.4mn funding to INVL Renewable Energy Fund I for constructing a 60MW solar power plant in Romania.
Global sea surface temperatures have surged
In the past 15 months, global sea surface temperatures have surged to unprecedented levels, fuelling heatwaves, and accelerated the melting of sea ice, alarming scientists and environmentalists alike.
Kosovo launches €60mn Solar4Kosovo project
Office hours dialed down in 15 Iranian provinces amid power shortage
A new summer heatwave blanketing Iran has forced authorities to reduce normal working hours in government offices and banks across 15 provinces including Tehran where temperatures are expected to surge to an all-time high of 43 degrees Celsius.
South Sudan approves $150mn solar power plant, passes budget with focus on salaries
South Sudan's cabinet has approved plans for a new solar power plant in the capital and has passed its 2024/2025 budget, prioritising civil servant salaries and security forces.
Can Morocco's phosphate wealth put it at the centre of the global battery supply chain?
Morocco holds around 70% of the world's known phosphate rock reserves – crucial for producing fertilisers and battery materials. This presents the country with a tremendous opportunity to become significantly wealthier.
C29 Metals expands Ulytau uranium project in Kazakhstan
MOL gets greenlight for wind-assisted LNG carrier
Japanese shipping giant Mitsui O.S.K. Lines was granted approval in principle from Nippon Kaiji Kyokai to commence design for a membrane LNG vessel, which will feature the installation of Wind Challenger, a wind-assisted power propulsion system.
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