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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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Fossil fuel subsidies on the rise
According to calculations by the International Monetary Fund (IMF), $7 trillion were spent on direct and indirect subsidies for fossil fuels in 2022.
IFC invests $200mn in four development projects in Morocco
Poland’s Orlen greenlights 1.2 GW offshore project
Cambodia's National Solar Park and ADB achieve record-low tariffs
Cambodia's National Solar Park, supported by the Asian Development Bank, is poised to revolutionize the country's energy landscape.
Russia and Myanmar sign MoU on nuclear energy development
Russia’s Rosatom Director General Alexei Likhachev and Myanmar's Science and Technology Minister Myo Thein Kyaw joined forces recently to ink a Memorandum of Understanding during Russia Energy Week.
EcoGraf and VinES collaborate to boost battery anode material supply for growing EV market
EcoGraf, an Australia-based integrated battery anode materials developer, has announced a significant collaboration with VinES, a member of Vingroup, the largest private conglomerate in Vietnam.
Banks sells 2.9-GW battery system while Innova clinches planning permission
The Banks Group has sold its planned 2.9-GW Thorpe Marsh Green Energy battery energy storage system (BESS) facility in South Yorkshire in the UK to West Burton Energy. This came days after it emerged that Banks will be sold to Canada's Brookfield.
EU adopts renewable energy directive with aim of 42.5% share by 2030
The European Council has adopted the new Renewables Energy Directive to raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030.
World’s largest offshore wind farm produces first power
The world’s largest offshore wind farm under construction, the 3.6-GW Dogger Bank off the north-east of England, has started producing electricity for the first time for British homes and businesses.
140-MW solar plant about to come online in Albania
The largest solar plant in the western Balkans will soon be energised, says Balkan Green Energy News. Developed by the France-based company Voltalia, the €135mn ($143mn) Karavasta project is located in Fier Province.
Masdar opens UAE wind farm as COP 28 nears
The UAE has inaugurated its first utility-scale wind farm, owned by Abu Dhabi-based Masdar. It uses Chinese wind turbines.
UK Labour government would triple offshore wind
The UK’s shadow energy secretary, Ed Miliband, has said that a Labour government would accelerate renewable energy if it wins the 2024 general election. He also said a new state-backed energy company, GB Energy, would be formed.
SGP Bioenergy set to make final investment decision on $7bn Panama’s Golden City biorefinery.
Golden City Biorefinery, a ground-breaking $7.7bn project in Panama dedicated to the production of advanced biofuels, is poised to make its final investment decision in the fourth quarter of the upcoming year.
R Power, Eiffel to develop over 1 GWp of Romanian solar
R Power, a Polish energy company, has announced a collaboration with the French asset manager Eiffel Investment Group to develop over 1 GWp of solar plants in Romania.
Africa should follow renewables path with caution, South Africa’s energy minister says
South Africa’s Mineral Resources and Energy Minister Gwede Mantashe said African leaders should follow China’s example by checking the reliability and efficiency of new energy technologies before unbundling old technologies.
EU and Algeria allocate $15.9mn for emission-mitigation cooperation
Algeria and the EU have signed a memorandum of understanding to allocate $15.9mn to cooperate on emission mitigation including renewables deployment and power interconnection.
Big companies in California now have to report emissions
Companies operating in California that make more than $1bn in annual revenues will have to disclose their carbon emissions – including indirect or Scope 3 emissions – under new legislation signed into law by Governor Gavin Newsom.
IFC lends Morocco’s OCP €100mn to build two solar power plants
Adani Green Energy Limited (AGEL) successfully launches 150-MW solar power project in Bikaner, Rajasthan
Adani Green Energy Limited has marked a significant achievement with the successful commissioning of a 150-MW inter-state transmission system connected solar power project, known as Tranche III situated in Bikaner, Rajasthan.
Fluence Energy inks deal for 40-MW battery energy storage system (BESS) in the Philippines
Fluence Energy Incorporated has recently secured a contract for the installation of a 40-MW Battery Energy Storage System at three distinct geothermal locations in the Philippines.
India’s Ministry of Power releases draft notification on renewable generation obligation
India’s Ministry of Power has unveiled a draft notification regarding the Renewable Generation Obligation.
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