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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IFC to extend loan of up to $75mn to Turkey’s Deniz Leasing for climate leasing

4 February 2025

The International Finance Corporation (IFC), a unit of the World Bank Group, is to extend a loan of up to $75mn to Deniz Leasing, the IFC has announced.

CP Group chairman makes case for nuclear power in Thailand's tech push

4 February 2025

Charoen Pokphand Group Senior Chairman Dhanin Chearavanont advocated for Thailand's pursuit of nuclear power to support the country's transition to artificial intelligence (AI) and a technology-driven society

Pakistan plans to have 30% EVs by 2030

4 February 2025

Pakistan plans to have 30% of its vehicles running on electric power by 2030 and is introducing regulations for the first time to support the electric vehicle (EV) industry

Ohm Energy commissions rooftop solar PV project for SG Heavy Engineering in India

4 February 2025

Ohms Energy, a Mumbai-based Indian solar EPC company, has successfully commissioned a 400kWp rooftop solar PV project for SG Heavy Engineering Ltd. in Wada, Maharashtra, the company announced on February 3

Southeast Asia revisits nuclear power

4 February 2025

Four decades after completing the Bataan Nuclear Power Plant in the Philippines—an idle facility never activated due to safety concerns and corruption—Southeast Asian nations are once again exploring nuclear energy as a reliable power source

EU, IEA launch new forum for energy transition framework ahead of COP30 in Brazil, but money still talks loudest

3 February 2025

Last month the European Union and the International Energy Agency (IEA) launched the Global Energy Transition Forum (GETF) with the intention of sustaining the momentum towards energy transition targets.

TotalEnergies and Mozambique hold talks on stalled LNG project

3 February 2025

TotalEnergies’ CEO Patrick Pouyanne and Mozambique’s President Daniel Chapo held talks on the long-delayed Mozambique LNG project during an energy conference on January 28.

Saudi study identifies 10 sites for solar and wind energy storage

3 February 2025

A new study by King Abdullah University of Science and Technology has identified the top 10 potential sites across Saudi Arabia for storing solar and wind energy, with two Red Sea locations emerging as the most viable options.

Grenergy to boost Chilean renewable sector with world's largest energy storage system

3 February 2025

Chile's renewable energy sector has achieved a significant milestone as Grenergy secures $299mn in financing for the Víctor Jara phase of its Oasis de Atacama project, set to become the world's largest battery energy storage system.

Ecuador's rural energy supply boosted by installation of 912 pv systems

3 February 2025

Ecuador's rural electrification efforts have reached a significant milestone with the installation of 912 photovoltaic systems, benefiting over 2,700 residents in remote and dispersed rural areas.

Guyana's landmark hydropower project delayed to 2029

3 February 2025

Guyana's Amaila Falls Hydropower Project has been pushed back to 2029, marking a significant shift in the country's clean energy transition strategy as it prioritises gas-powered electricity generation to meet growing demand.

India eyes at least 100GW of nuclear power by 2047

3 February 2025

During the Union Budget 2025–26 presented on February 1, the Indian government announced the launch of the Nuclear Energy Mission, aiming to develop at least 100GW of nuclear power by 2047.

UAE keen to invest in renewables in Iran, says senior Iranian official

2 February 2025

A senior official at the Iranian Department of Environment said the United Arab Emirates was interested in investing in Iran’s renewable energy sector.

EBRD to support Poland’s green transition with €200mn loan for Baltica 2 wind project

2 February 2025

Baltica 2 offshore wind farm will be a boon for Poland, which is struggling to meet its green transition targets.

China hit its ambitious renewable energy targets six years ahead of schedule

2 February 2025

China remains the largest emitter of GHGs, but it has also emerged as the global green energy champion after Beijing threw itself into building out its renewable energy generating capacity.

Brazil’s energy subsidy costs hit $2.92bn amid legal disputes

2 February 2025

Brazil's energy regulator, Aneel, has projected that subsidies for wind and solar power generators will cost BRL17.1bn ($2.92bn) this year, or 42% of the Energy Development Account (CDE), a fund financed through electricity bills.

Brazil’s Neoenergia nears sale of Baixo Iguaçu hydroelectric stake

2 February 2025

Neoenergia is in advanced talks to sell its 70% stake in the Baixo Iguaçu hydroelectric plant in Paraná state, with a valuation between BRL1bn ($171mn) and BRL1.2bn.

The UK, Germany and China lead global offshore wind farm roll-outs, but the rest of the world is lagging far behind.

2 February 2025

Poland is about to double its offshore wind power generation capacity but apart from Germany and the UK, offshore wind power remains underdeveloped around the world, with the notable exception of China.

Solfium secures investment to expand solar solutions in Latin America

2 February 2025

Solfium, a Canadian-founded solar energy firm, has joined Telefonica Movistar's innovation investment portfolio through its Wayra Hispam unit.

Slovenia launches €16mn renewable energy investment programme

2 February 2025

Slovenia will launch a public call for co-financing investments in community self-sustainability of electricity from renewable energy sources for the period 2025 to 2027.

EBRD invested over €800mn in Serbia in 2024

2 February 2025

The EBRD invested a record €807mn in Serbia in 2024. The investment was spread across 37 projects, with nearly €500mn directed towards advancing the green economy.

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