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.

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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EcoSolar finishes first Capiz Philippine battery project

27 July 2026

EcoSolar Energy Corporation finished mechanical construction on its 20 MW/40 MWh Panitan Energy Storage Project in Capiz.

Thailand weighs $711mn EV scheme to replace ageing vehicles

27 July 2026

Thailand is planning a $711mn programme to replace 80,000 ageing vehicles with electric models as part of efforts to revive its automotive sector and accelerate the shift towards cleaner transport.

Petrovietnam secures $277mn loan for Mekong power plant

27 July 2026

State-owned Petrovietnam has secured a VND7.3 trillion ($277mn) loan from two of Vietnam’s largest banks to advance construction of the O Mon IV thermal power plant in the Mekong Delta.

NABARD, MAHAPREIT partner to expand green infrastructure in rural India

27 July 2026

NABARD has signed a memorandum of understanding with Maharashtra-based MAHAPREIT to accelerate the development of renewable energy and climate-resilient infrastructure in rural India.

ENGIE secures financing for 250-MW Khaba solar project in India’s Rajasthan

27 July 2026

ENGIE (EPA: ENGI) has reached financial close for its 250-MW Khaba solar project in Barmer, Rajasthan, through its wholly owned subsidiary, Khaba Renewable Energy, enabling the project to move into the construction phase.

Iran adds 668 MW of generating capacity in a week as summer shortages bite

26 July 2026

Iran added 668 MW of generating capacity in a week, including 70 MW of solar and a 160 MW combined-cycle unit at Asaluyeh, as Energy Minister Abbas Aliabadi pointed to weekly additions amid summer power shortages.

Australia's Worley scores pre-FEED for Dutch CCS project

26 July 2026

Worley will refine the development concept, establish its technical basis, prepare cost estimates and reduce execution risks before the project moves into FEED.

Dutch gas platform produces first green hydrogen from electrolyser

26 July 2026

The PosHYdon pilot has produced its first green hydrogen on an operational gas platform in the Dutch North Sea, demonstrating how offshore wind, hydrogen production and existing natural gas infrastructure can be integrated.

Istanbul-listed Mercan obtains €2mn 15-year loan from ProCredit for 5-MW solar project in Romania

25 July 2026

Mercan Kimya aims to reach 40-MW solar capacity in Romania within three years.

IDB approves $204.2mn package to boost Bolivia's Amazon energy security

24 July 2026

The Inter-American Development Bank (IDB) has approved a $204.2mn (€179.5mn) financing package to support energy infrastructure in Bolivia's Northern Amazon Region, including new power interconnections with Brazil, the lender said on July 23.

Nigeria plans renewable energy companies to rival power distributors

24 July 2026

Nigeria’s Rural Electrification Agency plans to develop renewable energy service companies operating interconnected solar mini-grids that could compete with conventional electricity distributors over the next 10 to 15 years.

Nigeria’s small-scale solar market set to lead sub-Saharan Africa through 2035

24 July 2026

Nigeria is expected to remain sub-Saharan Africa’s fastest-growing market for small-scale solar systems through 2035, although limited investment in utility-scale projects is restricting the technology’s contribution to the grid.

South African iron ore group Kumba signs solar power deal with Anglo-EDF joint venture

24 July 2026

Kumba Iron Ore has signed an agreement with Envusa Energy for a 72.5 MWp solar plant supplying 63 MW of electricity to its Sishen mine in South Africa from late 2027.

Azerbaijan. China deepen green energy cooperation as senior officials meet Beijing delegation

24 July 2026

Azerbaijan's economy minister Mikayil Jabbarov and energy minister Parviz Shahbazov held separate meetings this week with Yang Tianfu, president of PowerChina Resources Limited.

Marco Polo Marine books Taiwan wind ship contract

24 July 2026

PKR Offshore signed a framework agreement with Siemens Gamesa Renewable Energy (SGRE) to charter two commissioning service operation vessels, the company announced. The ships will support offshore wind projects in Taiwan.

India adds record 6 GW of wind capacity in FY26 as generation rises to 106bn units

24 July 2026

India added a record 6,057 MW of wind power capacity during FY2025-26, driving annual wind electricity generation to 106 billion units (BU), according to data presented in Parliament by the Ministry of New and Renewable Energy (MNRE).

Croatia's Končar D&ST lifts first-half revenue 12% as transformer backlog tops €1bn

24 July 2026

Croatian power equipment maker Končar reported a 28% increase in net profit in the first half of 2026, supported by strong global demand linked to the energy transition.

Mozambique eyes over $50bn energy investment to drive industrialisation

23 July 2026

Energy projects under development in Mozambique's Rovuma Basin represent investments exceeding $50bn, with the government seeking to use the developments to accelerate industrialisation, create jobs and strengthen local businesses, AIM reports.

US power firm launches World Bank arbitration against Colombia over gas market dispute

23 July 2026

US-based Glenfarne Group has initiated international arbitration proceedings against Colombia over a dispute linked to the country's natural gas market, claiming state actions undermined investments in two thermal power plants

Colombia restarts power exports to Ecuador after diplomatic rift eases

23 July 2026

Colombia will resume electricity exports to Ecuador after suspending sales earlier this year amid a diplomatic dispute, easing concerns over power supplies as both countries prepare for a potentially severe El Niño weather event

Myanmar’s Kanyin hydropower project to power 10,000 homes

23 July 2026

Myanmar's 10.5-megawatt Kanyin Hydropower Project in Ingapu Township, Ayeyawady Region, is expected to provide electricity to more than 10,000 households while improving irrigation and agricultural productivity.

Vietnam Hai Phong Thermal Power beats annual profit target

23 July 2026

Hai Phong Thermal Power JSC (UPCoM: HND) has exceeded its full-year pre-tax profit target in the first six months of 2026, despite a recent change in senior management following the detention of its chief executive

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