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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Equinor, Posco to partner on South Korean floating wind project

28 August 2023

Equinor of Norway has agreed to partner with Posco, a South Korean industrial group, on the planned 750-MW Firefly floating wind project to be sited off South Korea. The scale of Firefly would make it the world’s largest.

India can become global wind-energy supply chain powerhouse

28 August 2023

India could become a key player in the global wind energy supply chain, according to a new report by the Global Wind Energy Council and MEC Intelligence.

Hungary to lift moratorium on solar panel feed-in tariff but retroactively change balance settlement rules

28 August 2023

The Hungarian government will lift the moratorium on solar panel feed-in tariff (FiT) at the start of 2024, but under the new conditions, earlier investments will be impossible to recoup. The changes were announced by Energy Minister Csaba Lantos.

India's Oriana Power clinches INR1.38bn contract for 20-MW solar project in Dhanbad

28 August 2023

Oriana Power has emerged victorious in securing a noteworthy contract valued at INR1.38bn ($16.7mn). The contract, awarded by Bharat Coking Coal Ltd (BCCL), is for the establishment of a 20-MW AC ground-mounted solar photovoltaic power plant.

Shell to pump INR35bn into renewable power, LNG imports and EV charging in India

28 August 2023

This substantial infusion of funds aims to establish a multi-faceted energy ecosystem comprising renewable energy infrastructure, electric vehicle charging stations, and a cutting-edge liquefied natural gas regasification terminal.

Invenergy-led consortium completes $1.5bn purchase of utility's unregulated renewables portfolio

25 August 2023

Invenergy announced that IRG Acquisition Holdings has closed on the acquisition of American Electric Power’s (AEP) 1.365-GW unregulated, contracted renewables portfolio for $1.5bn enterprise value.

Renewables companies delay Alberta projects

25 August 2023

Alberta's temporary halt pause on approval of new renewable power projects has prompted four major international companies to stop work on their plans, an industry official has told Reuters.

Phillips 66, Ørsted pause flagship Gigastack hydrogen project

25 August 2023

Phillips 66 and Ørsted will pause development of the Gigastack green hydrogen project and withdraw from funding negotiations with the UK government.

Mainstream Renewable, Ocean Winds partner again on UK offshore wind

25 August 2023

Mainstream Renewables and Ocean Winds will unite to develop a second ScotWind floating wind power site off northern Scotland.

Offshore wind: Treasury red tape could cost UK bill payers GBP 1.5bn per year – analysis

25 August 2023

New Energy and Climate Intelligence Unit (ECIU) analysis has found the latest UK government auction for new offshore wind farms could see few projects making it through Treasury rules leaving UK bill payers around GBP 1.5bn worse off per year.

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