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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China-based firm to construct 65-MW PV solar power plant in Negros Oriental

31 July 2024

The government of the Philippines has announced a new partnership with Shanxi Electric Power Engineering Company Limited, a leading subsidiary of the China Energy Engineering Group, to build a large-scale 65-MW photovoltaic solar power plant

LongNeng Power launches first energy management contract in the Philippines

31 July 2024

LongNeng Power has launched its first Energy Management Contract (EMC) project in the Philippines, aiming to help advance the country’s renewable energy sector.

UK gas network ready for 100% hydrogen, study says

31 July 2024

The UK natural gas network is now ready to supply clean hydrogen as a fuel for homes and industry.

Global temperature record shattered again

30 July 2024

July 22 was the hottest day on record, according to NASA.

The AMOC Gulf Stream current may collapse as soon as 2025, says study

30 July 2024

A new study predicts the AMOC (Atlantic Meridional Overturning Circulation), a oceanic current that brings warm water to the northern Atlantic, could collapse as soon as 2025, ushering in a new ice age in northern Europe.

Uranium prices surge on rising AI-driven power demand

30 July 2024

Long-term uranium contract prices have surged to their highest levels in over 16 years, driven by supply uncertainties and increasing demand from utilities expanding their capacity to power rapidly growing AI data centres,

Permafrost thaw accelerating climate change, studies warn

30 July 2024

Russia’s permafrost is melting but the ground is still frozen, trapping gigatonnes of primoradial CO₂ in the ice. However, as temperatures rise, the Arctic regions are already releasing more carbon dioxide than they are absorbing.

Romania’s Prime Batteries close to completing €270mn power storage devices factory

30 July 2024

The battery factory developed by Romanian company Prime Batteries Technology in Cernica near Bucharest will complete at the end of November its planned tenfold increase in production capacity, up to 2 GWh, after an investment of €270mn.

Net electricity production in Bosnia decreased 24.5% y/y in May

30 July 2024

Net electricity production in Bosnia & Herzegovina amounted to 1,013 GWh in June, which is 24.5% less than in the same month of 2023, and 6.6% more than in April.

Indonesia’s renewable energy investment target for 2024 seen as challenging

30 July 2024

The investment target for the Renewable Energy sector in 2024 is deemed difficult to achieve due to the lack of realised projects

Global solar panel glut caused by Chinese overproduction

30 July 2024

There is an overproduction of solar panels worldwide, with production capacity exceeding demand by 2 TW. This surplus has led to falling prices.

Fortis Energy to build 180 MW solar plant in Serbia

29 July 2024

Turkey’s renewable energy producer Fortis Energy has acquired a 180 MW solar project with a battery energy storage system in Sremska Mitrovica, a town in north-west Serbia, the company announced on July 26.

US Treasury Sec - $3 trillion needed annually for global climate financing

29 July 2024

The US Treasury Secretary Janet Yellen said that the energy transition to a low-carbon economy will need $3 trillion in new capital yearly until 2050, which is significantly above current yearly financing.

Spain’s Iberdrola to boost renewable energy use in Brazilian military facilities

29 July 2024

Neoenergia, a Brazilian offshoot of Spanish energy major Iberdrola, has struck a deal with the country's Defense Ministry to implement eco-friendly energy solutions across military sites.

Ghana inaugurates 16.82-MW rooftop solar plant, Africa's largest

29 July 2024

Ghana's renewable energy sector received a significant boost with the inauguration of a 16.82-MW rooftop photovoltaic solar plant in Tema, marking the largest single rooftop solar installation in Africa.

Energy Commission of Nigeria breaks ground on solar PV assembly plant

29 July 2024

At the ground-breaking ceremony in Enugu State, Mustapha Abdullahi, the Director-General and CEO of the ECN, highlighted the project's significance in tackling the inefficiencies of Nigeria's existing electricity grid.

US, UK called out on hypocrisy on climate pledges as they ramp up oil and gas exploration to record levels

29 July 2024

The US and UK have been accused of hypocrisy as they blow through their carbon budget allowances and issue record amounts of oil and gas exploration licences, The Guardian reports, according to a new report from energy consultant Rystad and the IISD.

Sea levels rise 10 cm since 1993 as ice caps melt

29 July 2024

Sea levels are now 10 cm higher than in 1993, and the rise is accelerating, according to new high-resolution satellite measurements by NASA.

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