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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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REM: Global temperature rise likely to exceed 1.5°C temporarily within five years, says WMO
Global temperature rise likely to exceed 1.5°C temporarily within five years, says WMO
There is an 80% likelihood that the annual average global temperature will temporarily exceed 1.5°C above pre-industrial levels for at least one of the next five years, according to a new report from the World Meteorological Organisation.
Global investment twice as much in renewables as fossil fuels, says IEA
Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, said a new report by the IEA.
Octopus Australia to develop 1 GW of wind
Octopus Australia is pleased to announce the successful purchase of an additional 28,000 hectares of land near Deniliquin, New South Wales in Australia. This is for the development of the new 1 GW Merino wind farm.
Montenegro’s EPCG and Kotor-Lovcen cable car forge green partnership
Representatives of Montenegro's electricity producer EPCG, and the Žičara Kotor-Lovćen cable car, SIGNED a Memorandum of Understanding on June12, setting the stage for a cooperation towards harnessing renewable energy sources.
How Masdar is transforming Azerbaijan's energy landscape
The state-owned Masdar renewable energy company has just signed off on a solar power development in Azerbaijan.
Oilsands CEOs support carbon tax, dislike Canada’s proposed emissions cap
In Canada, the largest oilsands producers support a carbon tax but dislike a proposed oil and gas emissions cap, the companies’ top executives told Ottawa lawmakers recently.
OMV launches plant to produce renewable diesel component at Schwechat refinery
Austria’s OMV has commissioned a new co-processing facility for producing renewable diesel blending components at its 9.6mn tonne per year oil refinery in Schwechat.
Kazakhstan launches vanadium oxides production with eye on “green energy” batteries market
Critical raw material also sought for micro-grids that ensure stable power.
Zagreb expands geothermal heating system
OMV Petrom invests €560mn to produce sustainable fuels
Southeast Europe's largest integrated energy producer to produce sustainable aviation fuels and biodiesel at Romania's Petrobrazi refinery.
Saudi Arabia-based IsDB signs $150mn financing commitment to Tajikistan’s Rogun mega hydro project
US ITC backs tariffs on SE Asian PV cells
The US International Trade Commission has upheld the probes into whether imports of solar products from Cambodia, Malaysia, Thailand, and Vietnam undermine US manufacturing.
Green Genius secures €87mn in loans for solar park in Latvia’s Jekabpils
Renewable energy company Green Genius concluded agreements with two German banks to raise €87 million in loans that will be used to build a solar power park in Latvia’s Jekabpils.
Iran’s private sector given chance to export green electricity
One of the main concerns for electricity producers in Iran was being able to export electricity, and the current government has switched on the possibility.
Norway’s Yara launches Europe's largest green hydrogen plant
Leading Norwegian fertiliser producer Yara International has launched Europe’s biggest green hydrogen facility, which will be used to make green ammonia.
Romania’s Restart Energy plans to raise €6.5mn with Bucharest Stock Exchange listed bond
Romania’s Restart Energy group, which is developing renewable energy projects, announced plans to issue 5-year bonds denominated in euros with a 9.5% coupon attached, “to finance the company’s accelerated development.”
Pertamina to acquire stake in Brazilian firm to secure bioethanol supply
Pertamina, Indonesia's state-run oil company, is set to acquire a stake in a Brazilian company to ensure a steady supply of bioethanol and sugar, Chief Investment Minister Luhut Binsar Pandjaitan announced on June 10
China's SPIC invests $147mn in Brazilian wind farms, launches solar parks
Chinese electricity company SPIC has announced an investment of BRL780mn ($147.4mn) in constructing two new wind farms in northeast Brazil, while also launching its first solar parks in the country
World Bank approves $40mn for energy transition project in Armenia
The investment aims to rehabilitate power transmission substations, introduce reforms to access private financing and modernise the energy sector while promoting regional cooperation.
Sechin rails against energy transition, calls for Russian policy changes
Renewable energy sources cannot provide energy security, Rosneft CEO Igor Sechin said in a speech at the St Petersburg International Economic Forum (SPIEF) on June 8, urging policy makers to revise energy transition strategies.
Iran’s daily electricity use nearing 70,000 MW amid rising temperatures
Electricity consumption is increasing in Iran as the approaching summer is pushing temperatures up.
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