REM - Renewable Energy

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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.

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Hungary to lift moratorium on solar panel feed-in tariff but retroactively change balance settlement rules

28 August 2023

The Hungarian government will lift the moratorium on solar panel feed-in tariff (FiT) at the start of 2024, but under the new conditions, earlier investments will be impossible to recoup. The changes were announced by Energy Minister Csaba Lantos.

India's Oriana Power clinches INR1.38bn contract for 20-MW solar project in Dhanbad

28 August 2023

Oriana Power has emerged victorious in securing a noteworthy contract valued at INR1.38bn ($16.7mn). The contract, awarded by Bharat Coking Coal Ltd (BCCL), is for the establishment of a 20-MW AC ground-mounted solar photovoltaic power plant.

Shell to pump INR35bn into renewable power, LNG imports and EV charging in India

28 August 2023

This substantial infusion of funds aims to establish a multi-faceted energy ecosystem comprising renewable energy infrastructure, electric vehicle charging stations, and a cutting-edge liquefied natural gas regasification terminal.

Invenergy-led consortium completes $1.5bn purchase of utility's unregulated renewables portfolio

25 August 2023

Invenergy announced that IRG Acquisition Holdings has closed on the acquisition of American Electric Power’s (AEP) 1.365-GW unregulated, contracted renewables portfolio for $1.5bn enterprise value.

Renewables companies delay Alberta projects

25 August 2023

Alberta's temporary halt pause on approval of new renewable power projects has prompted four major international companies to stop work on their plans, an industry official has told Reuters.

Phillips 66, Ørsted pause flagship Gigastack hydrogen project

25 August 2023

Phillips 66 and Ørsted will pause development of the Gigastack green hydrogen project and withdraw from funding negotiations with the UK government.

Mainstream Renewable, Ocean Winds partner again on UK offshore wind

25 August 2023

Mainstream Renewables and Ocean Winds will unite to develop a second ScotWind floating wind power site off northern Scotland.

Offshore wind: Treasury red tape could cost UK bill payers GBP 1.5bn per year – analysis

25 August 2023

New Energy and Climate Intelligence Unit (ECIU) analysis has found the latest UK government auction for new offshore wind farms could see few projects making it through Treasury rules leaving UK bill payers around GBP 1.5bn worse off per year.

Serbia releases results for its first wind, solar power auctions

25 August 2023

Serbia has published qualification results for its first onshore wind and solar tender, according to Balkan Green Energy News. Renewables capacity in the Balkan country could now double.

Wind-powered cargo ship sets sail

25 August 2023

A Cargill-chartered cargo ship has launched on its first voyage since being fitted with special sails. Mitsubishi Corp’s Pyxis Ocean has set sail with WindWings, which are large wings, or sails, of 37.5 metres in height.

“Urgent” need for offshore wind supply chain boost – Woodmac

25 August 2023

As a mater of urgency, supply chain challenges for offshore wind to meet developer and government objectives, according to consultancy Wood Mackenzie.

Saudi consortium achieves financial close on Al Shuaibah solar projects

25 August 2023

A Saudi consortium led by power and water utility ACWA Power, has announced the successful financial close of Al Shuaibah 1 & 2 solar photovoltaic projects, which will generate an aggregate capacity over 2.6 GW of electricity.

Pertamina looks to geothermal projects in Kenya

25 August 2023

Pertamina Geothermal Energy (PGE), part of Indonesian state energy firm Pertamina, has signed two memorandums of understanding (MOUs) with two Kenyan companies to explore partnerships in geothermal power projects.

US government approves fourth major offshore wind project

25 August 2023

The administration of President Joe Biden has approved the 704-MW Revolution wind project off Rhode Island and Connecticut in New England in the US.

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