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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BP plans to expand renewable energy investments in Azerbaijan

27 January 2023

#bne #EmergingMarkets #Azerbaijan #BP

Chile’s HIF gears up to start synthetic gasoline production at Haru Oni plant in March

26 January 2023

Chile’s Highly Innovative Fuels (HIF) is reportedly set to launch production of synthetic gasoline at its Haru Oni plant in the city of Punta Arenas in March 2023.

Renewable energy was a hot topic in Davos but for Europe, much work remains

25 January 2023

‘Cooperation in a fragmented world’ was the theme at the World Economic Forum in Davos, but Europe is still struggling to catch up with the cleantech policies of the US and China.

US offshore wind supply chain needs $22.4bn of investment by 2030

25 January 2023

As much as $22.4bn must be invested in the US offshore wind supply chain to meet President Joe Biden’s goal of 30 GW of offshore wind by 2030, says a new report.

Portugal to map offshore wind zones

25 January 2023

Portugal will start public hearings this week to help decide on offshore wind zones. The government will hold its first offshore wind auction in the fourth quarter of 2023.

GE renewables unit posts $2.2bn loss in 2022

25 January 2023

GE, the US conglomerate, has reported a loss in its renewables unit of more than $2.2 bn in 2022. It cited warranty losses and inflation. For 2021, GE Renewable Energy had posted a loss of $795 mn.

Utility PSEG to exit 1.1-GW Ocean Wind 1 project off New Jersey

25 January 2023

US utility Public Service Enterprise Group (PSEG) has agreed to sell Ørsted its 25% equity stake in the Ocean Wind 1 offshore wind energy project.

Germany unveils 30 GW by 2030 offshore wind blueprint

25 January 2023

Germany has drafted new development plans for offshore wind turbine sites to reach 30 GW of installed wind power capacity by 2030, according to a final plan released by the Federal Maritime and Hydrographic Agency (BSH).

Wind turbine maker Siemens Gamesa posts large Q1 loss

25 January 2023

Product failures at Siemens Gamesa Renewable Energy (SGRE) have prompted the renewable energy giant to post a loss of €760mn ($826mn) in the first quarter of the 2023 financial year. The quarter ran from October 1 to December 21, 2022.

Ørsted writes down US offshore wind farm by $366mn amidst sector woes

25 January 2023

Danish wind developer Ørsted has written down the Sunrise project off the US East Coast by DKK2.5bn ($366mn), a reflection of headwinds in the sector as inflation and supply chain costs rise.

UK’s Crown Estate signs six leases for 8 GW of offshore wind projects, enough to power 7mn homes

25 January 2023

The UK’s Crown Estate has signed six leases around the coastlines of England and Wales for 8 GW in offshore wind projects.

Hexicon granted permits to connect 7.1-GW floating wind generation to Italy’s grid

25 January 2023

Six of Hexicon’s floating wind power projects have been allowed to connect to Italy’s national grid, says Sweden-based Hexicon. The wind projects amount to 7.1 GW in installed capacity. The Italian transmission system operator is Terna SpA.

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