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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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Onagawa nuclear power plant resumes operations
Solar financing soars as energy bills spike in Brazil
Brazil's recent surge in electricity prices, marked by a shift to the highest-cost "red flag 2" tier in October, has spurred a rise in financing for solar panel installations across the country.
China’s Sany Renewable Energy secures wind turbine contracts in India
China’s Sany Renewable Energy recently finalised wind turbine sales agreements with three subsidiaries of India’s JSW Group for a total capacity of 1,324 MW, alongside an additional 300-MW contract with Sembcorp Limited’s Indian subsidiary.
Tata Power Renewable Energy, IndusInd Bank to finance solar projects in India
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Mumbai-listed Tata Power, announced on October 29 its partnership with IndusInd Bank to provide solar financing solutions for micro and small enterprises (MSEs).
Neste scraps electrolyser project at Finnish refinery
Finland’s oil refining and marketing company Neste has chosen to reassess its renewable hydrogen ambitions owing to "challenging market conditions and financial performance," leading it to withdraw from a planned 120-MW electrolyser project.
Equinor mulls scaling back investments in renewables
Equinor announced on October 24 that it might scale back its planned investments in renewable energy by 2030.
Big Tech-fuelled nuclear revival poised in US, but there are risks
Power-hungry Big Tech is pushing for a nuclear revival in the US to fuel data centres with their increasing appetite for electricity because of AI searches, which require as much as 10 times the energy of a standard Google query.
Planet-heating emissions reach new record in 2023, says WMO report
Greenhouse gas levels surged to a new record in 2023, committing the planet to rising temperatures for many years to come, according to a report from the UN’s World Meteorological Organisation (WMO).
PPC to take over Europe’s biggest onshore wind farm in Romania
PPC, Greece's leading electricity producer and supplier, has been expanding in Southeast Europe, including Romania.
UN says Earth on track to heat to a dangerous 3.1°C
Global heating may rise to 3.1°C by the end of the century if policy action stays the same, says a new annual UN Emissions Gap report. That is an eye-popping 5.6°F.
South African LNG, helium producer Renergen in land dispute with local solar project
Mexico’s renewable energy push stirs investment debate
At COP29 in Baku, Sheinbaum seeks to reaffirm Mexico’s renewable goals, pledging a 45% clean energy shift by 2030. Yet, constitutional reforms prioritising Pemex and CFE over private investors have sparked serious industry concerns.
Islamic Development Bank’s ICD extends €15mn loan to Turkey’s Sampa for 21-MW solar investment
Indonesia's wood pellet exports to Japan, South Korea raise deforestation concerns
Heavy trucks line the coast of Indonesia's Sulawesi Island, loading wood pellets for export to Japan and South Korea, produced by PT Biomasa Jaya Abadi (BJA).
ADB grants $434.25mn loan to boost renewable energy in India's Assam
The Asian Development Bank (ADB) has approved a $434.25mn loan to boost renewable energy capacity and strengthen energy security in Assam, India, it said last week.
ASX-listed Asian Battery Metals announces outstanding copper-nickel discovery in Mongolia
Norwegian Statkraft to divest Croatian assets
Gazprom to untap Eastern Siberian "white" hydrogen potential
Gazprom is assessing the potential for extracting natural, so-called “white” hydrogen from its natural gas fields in Eastern Siberia, the head of the Russian state company’s hydrogen-focused subsidiary said at a conference in Moscow.
Turkmenistan cuts methane emissions by 10% in 2020-23
Turkmenistan managed to reduce its methane emissions by 10% in 2023 versus the level three years earlier.
Hybrid, EV investments top $11bn in Brazil
In five years, sales of electric and hybrid vehicles in Brazil are expected to exceed those of combustion-engine models, driven by significant investment and government incentives.

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