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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POSCO signs up to support Ørsted’s 1.6-GW offshore plans in South Korea

2 June 2021

South Korea’s POSCO has agreed with Ørsted to support the Danish company’s development of 1.6 GW of offshore wind projects off the coast of Incheon City.

BP buys $220mn of US solar development projects

2 June 2021

Oil company BP has agreed to purchase 9 GW of solar development projects in the United States from the developer 7X Energy for $220mn.

ADB issues green loans for 144 MW of wind capacity in Vietnam

2 June 2021

The Asian Development Bank (ADB) has signed a $116mn green loan with three Vietnamese wind developers to build three 48-MW wind farms, raising the country’s wind capacity by 30%.

Romania’s Hidroelectrica reveals 600-MW wind plans

2 June 2021

Romania’s Hidroelectrica has announced plans to build 300 MW of offshore wind capacity as well as 300 MW onshore, alongside a green hydrogen production capacity on the River Danube.

Infrastructure talks in limbo

2 June 2021

President Joe Biden and Senate Republicans are still negotiating to reach a bipartisan compromise on infrastructure, including significant spending on climate and renewable energy, but hopes are fading for a deal. This week is crucial.

IEA says energy investment rebound is not green enough

2 June 2021

The IEA has forecast that global investment in energy will rebound by nearly 10% in 2021 to $1.9 trillion, reversing most of last year’s drop caused by the coronavirus (COVID-19) pandemic.

India, UK launch steel and cement decarbonisation efforts

2 June 2021

India and the UK have led the launch of the Industrial Deep Decarbonisation Initiative (IDDI) in a bid to reduce the global appetite for carbon-intensive steel and cement.

Suzlon seals 252-MW turbine order with CLP India

2 June 2021

Suzlon has announced a 252-MW order from CLP India to supply 120 of its S120-140m turbines.

Oil giants face setbacks from climate activists

31 May 2021

Major oil companies – ExxonMobil, Chevron and Royal Dutch Shell – have received sharp rebukes over their handling of climate change in a startling week for the oil industry.

EDPR enters Chile with 628-MW wind, solar portfolio

31 May 2021

EDP Renewables (EDPR), part of the Portuguese electric utilities company EDP Group, has reached agreements to purchase a 628-MW wind and solar portfolio in Chile, with commercial operations to start in 2023-2025.

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