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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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Singapore and US sign agreement to explore nuclear energy cooperation
Singapore has yet to decide on the adoption of nuclear energy, but it has taken a step towards exploring this option by signing a civil nuclear cooperation agreement with the United States
India’s nuclear plants deemed safe with expansion plans in motion
Indian Union Minister Dr. Jitendra Singh assured the lower house of India’s parliament, the Lok Sabha that nuclear power plants in India operate without any safety discrepancies
Burning forests and reduced carbon uptake by plants failed to mitigate climate change in 2023
Forests and other land ecosystems failed to mitigate climate change in 2023, as severe drought in the Amazon rainforest and record wildfires in Canada hindered their natural capacity to absorb carbon dioxide.
Solarbelt to construct two solar power plants in Vranje
The city of Vranje in southern Serbia has leased 205,674 square metres of land to Solarbelt, a Belgrade-based company, for the construction of two 9-MW solar power plants, according to an announcement on the city’s website on July 30.
Wind turbines and solar panels have overtaken fossil fuels to generate 30% of the EU's electricity in 1H24
Wind turbines and solar panels have overtaken fossil fuels in generating 30% of the European Union's electricity during the first half of 2024, according to a report by climate think-tank Ember, the Guardian reports.
The West is bleeding the Global South of wealth thanks to massive wage inequality, says study
The developed markets of the West are bleeding the Global South of wealth thanks to massive differences in nominal wages, according to a new study published in Nature Communications.
Wind and solar to make up 40% of China’s power capacity by year-end
Wind and solar power accounted for 38.4% of China's overall installed capacity in the first half of the year, surpassing coal-fired capacity, which fell to 38.1%, according to a report by the China Electricity Council (CEC).
China-based firm to construct 65-MW PV solar power plant in Negros Oriental
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
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
The UK natural gas network is now ready to supply clean hydrogen as a fuel for homes and industry.
Global temperature record shattered again
July 22 was the hottest day on record, according to NASA.
The AMOC Gulf Stream current may collapse as soon as 2025, says study
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
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
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
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
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
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
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
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
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.
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