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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Energy scandals lead to dismal solar outlook in Taiwan

20 October 2023

In the aftermath of several energy-related political scandals, solar cell and module manufacturers in Taiwan are grappling with low factory utilization, a pressing issue that has cast a shadow over the government's solar power installation targets.

South Africa’s Cabinet approves green hydrogen commercialisation strategy

20 October 2023

South Africa’s Cabinet has approved the green hydrogen commercialisation strategy aimed at positioning the country as a major producer and exporter of green hydrogen.

Africa’s installed wind power capacity to grow by 900%, GWEC report says

20 October 2023

According to the Global Wind Energy Council, wind power capacity is on the rise in Africa and is set to soar by 900% over the next few years.

Indonesia's PLN inks renewable energy deals with nine Chinese firms

20 October 2023

During the Indonesia-China Business Forum in Beijing, China, state electricity firm PT PLN entered into new and renewable energy development cooperation agreements with nine prominent Chinese companies

Westinghouse adds five Bulgarian companies to project for new nuclear unit at Kozloduy NPP

19 October 2023

US Westinghouse Electric said on October 19 it has signed agreements with five Bulgarian companies for future cooperation on the construction of new units at the country's Kozloduy nuclear power plant and other nuclear facilities in the region.

Netherlands, Denmark join JETP to help South Africa’s Energy Transition

19 October 2023

The Netherlands and Denmark have joined the Just Energy Transition Partnership (JETP), Minister in the Presidency Khumbudzo Ntshavheni said at a media briefing on October 19.

Indonesia's PLN signs MoU with China Development Bank for energy transition acceleration

19 October 2023

Indonesia's PT PLN has signed a Memorandum of Understanding with the China Development Bank in an effort to accelerate the energy transition

Indonesia secures $2bn renewable energy investment amid secrecy

19 October 2023

Indonesia obtained a $2bn investment commitment in the renewable energy sector during a business gathering with European companies, according to the Foreign Affairs Ministry, which did not reveal the identity of the investor

Indonesia launches its first green hydrogen plant

19 October 2023

PLN Nusantara Power has announced the launch of Indonesia's inaugural green hydrogen plant - effective October 17, 2023.

Investment boost for Odisha: REC commits INR403bn ($4.8bn) to transform energy landscape

19 October 2023

In a development poised to reshape Odisha's energy landscape, REC Limited has inked three groundbreaking Memorandums of Understanding amounting to INR403.58bn.

Suez Canal Economic Zone signs green project agreements worth $14.75bn

19 October 2023

Egypt’s Suez Canal Economic Zone (SCZone) signed multiple energy agreements worth $14.75bn according to a statement released by the Egyptian cabinet on Tuesday, opening new possibilities for sustainable energy in the region.

Third block at Slovak Mochovce NPP is fully operational

19 October 2023

The block was first connected to the grid on January 31, and the final 144-hour trial run at full reactor power marks the end of the 13-month-long commissioning period.

World may have crossed solar power 'tipping point', says study

18 October 2023

The study, published in the journal Nature Communications, finds that solar photovoltaics (PV) is likely to become the dominant power source before 2050 – even without support from more ambitious climate policies.

EU won't raise 2030 emissions target to 57%, says report

18 October 2023

Environment ministers in the EU have been busy working on the proposal they plan to take to COP 28 next month. And it appears they will not move to raise its 2030 emissions reduction target from 55% to 57% below 1990 levels.

Grids could be weak link in energy transition

18 October 2023

Efforts to tackle climate change and ensure reliable supplies of electricity could be put at risk unless policy-makers and companies quickly take action to improve and expand the world’s electricity grids, according to a new report by the IEA.

Ørsted selects insurance giant for stake in wind farm off Taiwan

18 October 2023

Ørsted has selected Cathay Life Insurance as the preferred bidder for a 50% stake in the 583-MW Greater Changhua 4 offshore wind project off Taiwan.The Danish developer has signed an exclusivity agreement with the insurance company.

China discovers potentially vast amounts of a rare earth

18 October 2023

Potentially vast amounts of a rare earth ore containing niobium have been found in Inner Mongolia. The new type of ore has been dubbed niobobaotite.

German car maker BMW in joint venture to trial its iX5 hydrogen vehicles in South Africa

18 October 2023

Two South African companies and a unit of German automaker BMW have signed an agreement through which they plan to bring hydrogen fuel cell electric vehicles and hydrogen refuelling technology to the African country.

Iran begins building 100-MW solar farm in Yazd

18 October 2023

Iran has broken ground on a 100-MW solar farm in the central Yazd province with an investment of €60mn. The country seeks to overcome a lingering power shortage affecting its industries.

French Voltalia completes 140-MW Karavasta solar plant in Albania

18 October 2023

Located in the southern Fier district, the Karavasta solar plant is Albania's largest and holds the distinction of being the biggest in the entire Western Balkans. The project is estimated to cost €135mn.

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