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.

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Singapore moves forward with green power imports from Indonesia

6 September 2024

Singapore has granted five companies, including Adaro Solar International and Keppel Energy, the necessary conditional licences to move ahead with plans to import renewable energy from Indonesia

Costa Rica secures €25mn for green hydrogen development

6 September 2024

Costa Rica has obtained approval for a €25mn ($27.8mn) project to significantly boost its green hydrogen sector, supporting the country's efforts to decarbonise its economy.

Montenegro’s EPCG adopts battery electric storage systems project

5 September 2024

The board of directors of Montenegrin power company EPCG have approved the proposal for the development of battery electric storage systems (BESS) project.

Lower energy prices weigh on leading Hungarian alternative energy company

5 September 2024

Hungarian alternative energy company Alteo Group reported a 15% decline in revenue to HUF49.7bn (€130mn) in the first half, primarily due to decreasing global market prices.

MOL starts production at green hydrogen plant at Hungarian refinery

5 September 2024

MOL has started production at the largest green hydrogen plant in Central and Eastern Europe, located at its Danube refinery near Budapest. The 10-MW capacity plant will produce 1,600 tonnes of carbon-neutral green hydrogen annually.

Biomethane wins battle in the Brazilian Senate, Petrobras pays

5 September 2024

Brazil's Senate is set to vote on a bill requiring thermoelectric plants to use biomethane, a plant-based gas, as part of their fuel mix starting in 2026, according to a report by Senator Veneziano Vital do Rêgo (MDB-PB).

BMZ Group begins construction of €65mn lithium battery factory near Skopje

4 September 2024

The facility, located in a free industrial zone near Skopje, is slated to become operational by May 2025. This significant foreign investment is expected to generate up to 1,000 new jobs in its later stages.

Turkey yet to prove rare earth deposit has suggested “giant” potential despite reported processing talks with China

4 September 2024

Despite lack of clarity, a delegation is poised to leave for Beijing.

Tokyo Gas invests $25mn in global carbon credit fund

4 September 2024

Japanese gas firm Tokyo Gas announced on September 2 it would invest up to $25mn in Climate Asset Management's nature-based carbon fund.

Sage Geosystems, Facebook’s Meta announce deal for next generation of geothermal power

4 September 2024

Sage Geosystems and social media giant Meta Platforms, owner of Facebook, have signed a deal that they say will significantly expand the use of geothermal power in the US.

REM: Sage, Facebook’s Meta announce deal for next-gen geothermal

4 September 2024

Sage Geosystems and social media giant Meta Platforms, owner of Facebook, have signed a deal that they say will significantly expand the use of geothermal power in the US.

Joint venture set up in Bucharest to bring Azeri green power to Europe

4 September 2024

High-voltage submarine cable to connect Romania and Georgia across the Black Sea, with extensions to Hungary and Azerbaijan.

​E.On breaks ground on Hungary's largest solar farm near BMW'S new Hungarian plant

4 September 2024

The 43-MW farm will consist of 320,000 sqm of solar panels, of which 187,000 sqm will be installed on the roofs of the factory buildings and the rest on the ground.

Laos wind power project to begin operations ahead of schedule

4 September 2024

The 600 MW Monsoon wind power project in Laos is set to start trial operations in late December, two months earlier than the initially planned February 2025 launch,

Oriana Power secures INR2.48bn solar project order from BPCL in India

4 September 2024

Mumbai-listed Oriana Power Limited has secured a new order valued at INR2.48bn ($30mn) from state-owned energy company Bharat Petroleum Corporation Limited (BPCL) for a solar project.

Malaysia's Solarvest secures $26mn contract for solar farm project in Pahang

4 September 2024

Solarvest Holdings Bhd, through its wholly-owned subsidiary Atlantic Blue Sdn Bhd, has secured a MYR113.29mn ($26mn) contract under the Corporate Green Power Program (CGPP)

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