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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Nuclear power could be classed as “environmentally sustainable” in UK

19 March 2023

Nuclear power could be reclassified as “environmentally sustainable” in the UK so it can potentially receive the same investment incentives as renewable energy, the Chancellor of the Exchequer has said.

Ørsted says 2.8-GW Hornsea 3 offshore wind farm “at risk”

19 March 2023

Danish developer Ørsted describes the UK government’s Spring Budget as “disappointing” and says its giant Hornsea 3 project off the east coast of England is “at risk” unless the government offers tax breaks.

Siemens Gamesa “hibernates” Brazil wind turbine manufacturing plant

19 March 2023

Siemens Gamesa is to “temporarily hibernate” a plant for making wind turbine nacelles in Camacari in Brazil.

Biomass power generation exceeds natural gas in Brazil

19 March 2023

According to a report by Brazil’s Union of the Sugarcane and Bioenergy Industry (UNICA), in 2022, electricity production from various biomasses exceeded that from natural gas.

42% of Ireland’s electricity in February came from wind

19 March 2023

Irish wind farms provided 42% of the country’s electricity, slightly more than in January but down on the record-breaking performance in February 2022, said Wind Energy Ireland.

EIA projects US energy-related CO2 emissions to drop 25-38% by 2050

19 March 2023

The US Energy Information Administration projects that increased electrification, higher equipment efficiencies and more zero-carbon power sources will reduce US energy-related CO2 emissions out to 2050.

Lithuania expected to announce tender for offshore wind on March 30

19 March 2023

Lithuania is expected to announce an auction for offshore wind in the Baltic Sea on March 30.

Entergy proposes 3 GW of solar in US

19 March 2023

The US utility Entergy has filed a request with the Louisiana Public Service Commission to add an additional 3 GW of solar power to its generation portfolio.

Taiwan blackouts loom as another NPP goes offline

17 March 2023

Taiwan took a significant step closer to going fully non-nuclear last week when Unit 2 of the nation’s Kuosheng Nuclear Power Plant in the north of the country, not far from Taipei, was reported as having been safely shut down.

Wind power generation projects bring improved energy security, create job opportunities in Africa

16 March 2023

Wind energy generation is becoming increasingly popular in many parts of Africa owing to the continent's abundant wind resources and the need to diversify energy sources to reduce dependence on fossil fuels.

Fortescue to develop 300-MW green ammonia and fertiliser factory in Kenya

16 March 2023

Kenya and Australia-based Fortescue Future Industries have agreed to develop a 300-MW green ammonia and fertiliser factory using a rich geothermal field near the Rift Valley town of Naivasha, where several industrial parks are planned.

EBRD is providing $80mn equity bridge loan to Egypt Green Hydrogen to build 100-MW electrolyser facility

16 March 2023

The European Bank for Reconstruction and Development (EBRD) is providing up to $80mn for an equity bridge loan to Egypt Green Hydrogen, the developer and operator of Egypt’s first green hydrogen production facility.

European Commission proposes accelerating renewables

15 March 2023

The European Commission has proposed reforming the EU’s electricity market to accelerate renewable energy. Natural gas would be phased out, a proposal likely to be opposed by some members countries.

China drives global wind turbine orders to new record in 2022

15 March 2023

Global wind turbine order intake hit new highs in 2022, with 44 GW procured in the fourth quarter and 134.6 GW for the year. Both of these order intakes were records, says a new analysis by Wood Mackenzie.

Ireland okays new framework for next auction of offshore wind

15 March 2023

The Irish government has approved a new framework for developing the next phase of offshore wind. An auction will be held later this year, with projects expected to come online by 2030.

Japan’s Daiwa buys stake in 1.2-GW Hornsea One offshore wind project in UK

15 March 2023

Daiwa Energy & Infrastructure, a strategic investment arm of Daiwa Securities Group, has purchased a minority stake in Hornsea One off the east of the UK, the world’s largest operating offshore wind project.

Steep drop in solar installations in US in 2022

15 March 2023

The United States added 20.2 GW of new solar capacity in 2022, a 16% decrease from 2021.

Octopus Energy to invest €1.07bn in French green energy market

15 March 2023

Octopus Energy, the UK’s third-largest energy retailer, has announced plans to invest €1bn (€1.07bn) in the French green energy market over the next two years.

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