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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Kenya-based solar farms developer Equator Energy sells undisclosed stake to IBL Group of Mauritius

23 March 2023

IBL Group of Mauritius has bought an undisclosed stake in Kenyan-based Equator Energy Ltd, which designs, installs, operates and maintains its solar power in Kenya, Uganda, Somalia, Somaliland, Zimbabwe, Gambia and South Sudan.

Russian and China start working on nuclear reactor roadmap

23 March 2023

The Russo-Sino co-operation agreement signed during the visit of the President of China Xi Jinping to Moscow includes a roadmap for developing a joint programme between Russia and China in the sphere of fast neutron reactors and nuclear fuel cycle.

Pace, scale of climate change action has been insufficient – IPCC

22 March 2023

The pace and scale of what has been done so far to combat climate change, and current plans, are insufficient to tackle the problem, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.

Japan's JERA to acquire Belgium’s largest offshore wind company for $1.7bn

22 March 2023

JERA will buy Parkwind, Belgium's largest offshore wind platform, for $1.7bn to expand its renewable power.

GreenIT, CIP to develop 2 GW of offshore wind farms off Italy

22 March 2023

GreenIT, the Italian renewable energy joint venture between Plenitude (Eni) and CDP Equity (CDP Group), and Copenhagen Infrastructure Partners (CIP) have agreed to develop three floating offshore wind projects in Latium and Sardinia.

Lithuanian Ignitis mulls huge investments in Latvian energy sector

22 March 2023

The Lithuanian state energy company Ignitis Group has unveiled ambitious investment plans in Latvia. In the coming years, it plans to invest at least €700mn in solar and wind energy production.

SEG Solar completes $60mn purchase of 2-GW PV module plant in US

22 March 2023

SEG Solar has closed on the acquisition of a manufacturing facility in Houston, Texas, USA, capable of producing more than 2 GW of photovoltaic modules yearly.

US firm Astra Energy secures land for 50-MW renewable power plant in Zanzibar

22 March 2023

US firm Astra Energy is set to invest in a clean and renewable power plant in Zanzibar with a capacity to generate 50 MW after securing land from the Tanzanian archipelago’s government.

CEZ achieves record net income of CZK80.7bn in 2022

22 March 2023

Czech power group, which is 70% state-owned, said it could issue a record dividend of up to CZK117 a share.

Romania's Hidroelectrica signs joint venture with Masdar for offshore renewables

22 March 2023

Romania's largest energy producer, Hidroelectrica, has signed a joint venture agreement with Masdar, a leading renewable energy project developer and operator in the UAE.

Talks continue on major deal as Iraq sticks with OPEC+ quota

22 March 2023

Talks between Baghdad and French firm TotalEnergies are yet to find a resolution to sticking points that threatened to scupper the delayed $27bn deal.

Netherlands selects site for world’s largest offshore hydrogen project

21 March 2023

The Dutch government has chosen an area for the world's largest offshore hydrogen project. The facility would be is located in Ten noorden van de Waddeneilanden.

Indonesia agrees deal with US to develop nuclear power

21 March 2023

Jakarta this week confirmed an agreement at the US Embassy in the Indonesian capital, putting in place a deal whereby US know-how would help to deploy a number of small modular reactors (SMR) around the Southeast Asian nation.

Malaysia powered by 25% renewable energy

20 March 2023

Malaysia’s Natural Resources, Environment and Climate Change Minister has declared his nation is on track to meet its 2025 renewables targets, with the national grid already sourcing 25% of all electricity supplies from green energy.

The Netherlands looks East for Asian battery-tech tie-up

20 March 2023

The Netherlands’ Liesje Schreinemacher, the current Foreign Trade and Development Cooperation Minister in The Hague, has announced plans to forge links to existing battery-tech and hydrogen projects in Japan and South Korea.

Tunisia, Austria expand their green hydrogen collaboration, UNIDO reports

20 March 2023

Tunisia and Austria advance their collaboration in hydrogen in an event cooperated by the Austrian Ministry of Climate Action (BMK) and the United Nations Industrial Development Organisation (UNIDO).

EU Green Industry Plan falls short for now – WindEurope

20 March 2023

On March 16, the European Commission unveiled the Green Deal Industrial Plan. But the plan falls short in supporting Europe's wind supply chain and achieving energy security and climate targets, said WindEurope, the trade group.

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