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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New Jersey inaugurates North America’s largest floating solar array

7 June 2023

New Jersey Resources' subsidiary, NJR Clean Energy Ventures (CEV), and New Jersey American Water inaugurated what they say is North America's largest floating solar array on June 6.

China suspends floating nuclear plans over security concerns

7 June 2023

It is understood that Beijing had planned for the floating NPPs to serve as power sources for remote islands claimed by the ruling Communist Party in the highly contentious South China Sea.

Shell acquires 1.1 GW of Spanish solar projects

7 June 2023

Energy giant Shell has acquired 12 solar projects in Spain with a combined potential capacity of 1.1 GW.

Ukraine plans new $1bn hydroelectric plant to replace destroyed Kakhovka HPP

7 June 2023

The construction of a new hydroelectric plant (HPP) to replace the destroyed Kakhovka HPP will cost $1bn according to Ukraine’s Ministry of Economy, Ukrainian Pravda reported on June 7.

SouthCoast Wind seeks to scrap offshore wind PPAs with Massachusetts utilities

7 June 2023

SouthCoast Wind, a joint venture between Shell New Energies US and Ocean Winds North America, has asked to terminate its existing power purchase agreements with electricity distribution companies in the US state of Massachusetts.

Romanian hydropower giant Hidroelectrica announces imminent IPO

7 June 2023

Upcoming IPO to be the largest in the history of Romania's capital market.

UAE’s Masdar along with Infinity Power is investing $11bn in 10-GW wind power farm in Sohag, Upper Egypt

7 June 2023

UAE’s renewable energy company Masdar is investing $11bn along with Egypt-based pan-African power company Infinity Power and construction company Hassan Allam Utilities to build a 10- GW giant wind power farm in Sohag in Upper Egypt.

Ukraine calls for further sanctions against Russia as Kakhovka dam crisis worsens

6 June 2023

Ukraine has called on the EU and G7 to implement a new round of sanctions against Russia following the destruction of the Kakhovka dam in occupied Kherson on June 6.

BlueFloat enters Philippines’ offshore wind industry

6 June 2023

BlueFloat Energy has announced that it will move into the Philippines’ offshore wind industry.

Egypt’s El-Sisi urges Ethiopia to accept ‘compromise’ over $5bn GERD dam

6 June 2023

Abdel Fattah Al-Sisi has once again called on Ethiopia to accept a "compromise" in relation to the Grand Ethiopian Renaissance Dam (GERD) that the Horn of Africa nation is building near the source of the Nile.

Southern Africa has 'enormous' potential for green hydrogen production, study finds

6 June 2023

The results of the H2Atlas-Africa project, sponsored by the German government, are presented in the form of an interactive atlas, which shows “locations of interest” in Southern African countries.

Nova Kakhovka dam destroyed, unleashing a tidal wave of flood waters into southern Ukraine

6 June 2023

The massive Nova Kakhovka dam was destroyed in the early hours of June 6, releasing a tidal wave of flood water that quickly swamped towns and villages downstream in southern Ukraine and triggered evacuation orders by local authorities.

Energy minister says geothermal powerhouse Hungary not exploiting its potential

6 June 2023

Geothermal energy could strengthen Hungary’s energy security, replacing up to 1.5 bcm of natural gas a year.

Japan’s Marubeni thinks long term with ammonia supply chain

6 June 2023

If eventually successful, a memorandum of agreement will see the joint development of a supply chain processing low-carbon ammonia through to Japanese markets and others on the Asian mainland.

Armenia to build a facility for reprocessing low- and medium-level spent nuclear fuel

5 June 2023

According to general director of the Armenian NPP Movses Vardanyan, Armenia has constructed a storage facility for SNF. However, it is intended to be temporary and will only last for the next half-century.

Europe saves €100bn from the switch to renewables due to the Ukraine war

5 June 2023

European electricity consumers will save some €100bn on their energy bills, due to the rapid expansion of renewable energy sources caused by the Russian induced energy crisis the International Energy Agency said in a report.

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