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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EBRD supports €3bn plan for North Macedonia's green energy transition

17 November 2023

The focus of North Macedonia's coal-to-renewables transition is the REK Bitola thermal power plant that contributes over 70% of the country's total electricity production.

Pertamina strikes CCS deals with US majors

16 November 2023

Indonesia’s state-owned oil and gas producer Pertamina is pressing on in its talks with US majors ExxonMobil and Chevron on investments in carbon capture and storage facilities.

US and China agree to ramp up renewables

16 November 2023

The US and China – the world’s largest emitters – have agreed to try and replace fossil fuels with renewables. Both countries will speed up the adoption of wind, solar and other clean energy through 2030.

Siemens Energy reports $4.9bn loss, secures $16.2bn in guarantees

16 November 2023

Siemens Energy has reported a loss of €4.5bn for its 2023 fiscal year. The loss was largely because of its wind turbine division, Siemens Gamesa, which had overshadowed an “excellent performance” of its natural gas and grid activities.

NuScale terminates novel advanced SMR nuclear project

15 November 2023

NuScale has terminated the US’s first small modular reactor (SMR) in Idaho in the US because of rising costs and a lack of backers. NuScale had worked on the project for a decade.

Damage to offshore wind cables is top cause of sector’s insurance claims

15 November 2023

The offshore wind industry may be poised for growth, but economic pressures and tech innovation need to be managed. This is according to Allianz Commercial, the insurer, in a new report.

US in dire climate straits, government report says

15 November 2023

The US is experiencing accelerated warming and “far-reaching and worsening” conditions of climate change compared with the rest of the world, according the recently released Fifth National Climate Assessment.

China emissions to fall in 2024 because of surge in clean energy

15 November 2023

Because of a clean-energy boom, climate emissions in China will fall in 2024 and the country could even soon be on a path to sustained declines, according to a new report.

Climate crisis to boost inflation, Bank of England economist says

15 November 2023

The climate crisis is to boost inflation and make it more volatile, according to Catherine Mann, the Bank of England’s economist and member of its monetary policy committee. Central banks will have to respond to this, she said.

Leading wind player Orsted replaces two top executives, exits Norway consortium

15 November 2023

Danish offshore wind developer Orsted, which has faced severe financial losses, has ousted CFO Daniel Lerup and COO Richard Hunter. The company also said it has pulled out of a Norwegian offshore consortium due to bid in an auction.

World’s first commercial CO2 sensor satellite in orbit

15 November 2023

The first orbital sensor able to pinpoint CO2 emissions from individual industrial facilities, such as cement or power plants, has successfully launched from Vandenberg Space Force Base in California.

PLN - Powerchina agree on wind energy development in Indonesia

15 November 2023

State-owned electricity company PT PLN, through its subholding PLN Nusantara Power, has entered into a collaboration with Powerchina International Group Limited to advance wind energy development in Indonesia

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