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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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CWP Global to develop Serbia's biggest wind power plant
Renewable energy company CWP Global plans to develop a major wind power plant in northern Serbia with a total capacity of 450 MW.
Zanzibar set for a 180-MW Solar PV project as it eyes first electricity generation
Zanzibar’s first electricity generation will come from renewable sources following the signing of a contract for the generation of a 180-MW Solar PV project under a power purchase agreement between GCL and ZECO.
South Africa power utility Eskom set to receive $520mn transmission system financing from Standard Bank
Ørsted awarded carbon capture and storage contract by Danish government
The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for its carbon capture and storage project, Ørsted Kalundborg Hub.
Siemens Gamesa records wider loss of $420mn in second quarter
Wind turbine manufacturer Siemens Gamesa has posted a loss of €386mn ($420mn) in its second quarter of 2023, compared with a deficit of €322m in the first three months of 2022.
Uranium mine stake sale to Russia reportedly led to departure of multiple Kazatomprom senior managers
EBRD 2023: Azerbaijan seeks routes to become green energy supplier to Europe
Azerbaijan is seeking to use existing transport infrastructure to establish itself as a supplier of green fuels to the European continent.
3.1 GW of wind wins in Ireland’s first offshore auction
In Ireland’s first offshore wind tender, 3.1 GW of projects – four in total – have been selected. The winners were: Fred Olsen Seawind and EDF Renewables; CIP and Statkraft; Corio Generation and Ontario Teachers' Pension Plan Board; and RWE.
Fortum to "close book" on Russian green power unit after Putin $1.8bn takeover
The state-owned Finnish utility Fortum said it will “close the book” and remove its Russian business from its balance sheet.
Korean company reportedly wishes to invest $1bn in Kyrgyzstan’s planned ‘eco-city’ Asman
Africa needs $700bn in green, metals financing
Africa will need over $7bn in finance over the next decade for developing renewable energy and for extracting metals for the energy transition. This is according to a senior executive with South Africa’s Standard Bank Group.
Croatia to add 2.5 GW new renewables by 2030
Croatia plans to ramp up its renewable energy capacity by the end of the decade, said the country’s economy minister, Davor Filipović. “Our goal is to have more than 2.5 GW of new renewable energy sources by 2030," he said.
US EPA proposes stricter rules for power plant emissions
The Environmental Protection Agency (EPA) in the US has proposed more stringent rules for power plant emissions that may force some coal plants to close.
Norway postpones onshore wind tax
Norway has delayed by a year until 2024 a planned “ground rent tax” that would have cost wind energy firms 40% of their revenues. The tax, to benefit local and state finances, would have been applied to existing and new wind farms.
Masdar, IRENA to create roadmap to triple global renewable energy by 2030
Masdar and the International Renewable Energy Agency (IRENA) have agreed to create a roadmap to triple global renewables capacity by 2030. State-owned Masdar is also the Abu Dhabi Future Energy Company.
OX2 sells 49% stake in 6 GW of offshore wind to IKEA company
OX2 has agreed to sell a 49% stake in almost 6 GW of offshore wind off Finland to Ingka Investments, owned along with retailer IKEA by the Ingka Group.
Saudi Arabia, Netherlands sign green hydrogen MoU
Saudi Arabia and the Netherlands last week signed a memorandum of understanding to co-operate on the development of green hydrogen at the World Hydrogen Summit in Rotterdam.
India amongst 10 highest emitters, but has lower emissions per capita – WRI
India surpassed the EU in total annual greenhouse gas emissions in 2019, becoming the third-largest emitting country after China and the US, according to Climate Watch data.
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