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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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$35 trillion renewables investment needed by 2030 - IRENA
The global energy transition is “off-track”, aggravated by the effects of world-wide crises, says the International Renewable Energy Agency in a new report. A renewables investment of $35 trillion by 2030 is needed for the energy transition.
Renewables surpass coal in US electricity generation
For the first time, more electricity was generated from renewable sources in the US over the course of one year than from coal, reports Statista.
How wind and solar boosted US renewable electricity.
Electricity generated from wind turbines is becoming more prevalent in the US, having surpassed electricity produced from hydropower in 2019. This makes wind power the largest single source of renewable energy in the country.
Brookfield to invest in $13.4bn Australian renewables plan
Brookfield Asset Management is leading a consortium that will invest at least AUD20bn ($13.4bn) during the next decade to construct up to 14 GW of new renewable generation and storage facilities in Australia.
OX2 to develop 1.9 GW offshore energy hub off Sweden
Sweden’s OX2 has started development of the offshore energy hub, Neptunus, in the southern Baltic Sea off Sweden.
South Korea’s LG to invest $5.5bn in battery factory in US
South Korean battery manufacturer LG Energy Solution has announced a plan to increase its investment in a battery manufacturing plant in Arizona from an initial $1.4bn to $5.5bn.
South Africa’s power utility Eskom returns Ugandan hydropower plants as licence expires
South Africa's national power utility Eskom has returned two hydropower plants to Uganda's government after the East African country’s authorities decided not to renew its licence.
Red Rock Resources' lithium project in Zimbabwe undergoes environmental sustainability processes
China Energy floats idea to build 1,000-MW floating solar farm in energy-deficient Zimbabwe
Goldwind, Vestas in photo finish for top global wind turbine spot
According to a report by research firm BloombergNEF, global wind capacity additions dropped by 15% in 2022 following two years of record growth.
Japan’s TEPCO secures rights to develop 1.9 GW of floating wind off Scotland
Tokyo Electric Power Co. (TEPCO) Holdings has secured the rights to develop up to 1.9 GW of floating offshore wind capacity across two projects in Scotland. The development will be in concert with Norway’s Vargronn.
Zambia, DR Congo sign financing agreement for study towards building local electric vehicle-battery value chain
Construction to start on He Dreiht offshore wind project
German power utility EnBW (Energie Baden-Wuerttemberg) has made the final investment decision on its 960-MW He Dreiht wind project in the German North Sea and agreed to sell a 49.9% stake in the scheme.
New offshore wind farms totalling 2 GW for Italy
Italy’s renewable energy company GreenIT and Copenhagen Infrastructure Partners (CIP) are to develop three floating offshore wind projects in Latium and Sardinia.
Work begins on German offshore wind projects
Offshore installation company Jan De Nul has begun work on the transportation and installation (T&I) contract for construction in Germany of Ørsted’s 242-MW Gode Wind 3 and 900-MW Borkum Riffgrund 3 offshore wind farms.
China launches rural scheme for renewables
China will commence a trial programme to encourage the expansion of renewable energy in remote regions, the National Energy Administration (NEA) has announced.
Spain’s Elecnor begins work on South Australia’s largest wind and solar project
Spain’s Elecnor Group, in a consortium with GE Renewable Energy, has started construction of the first stage of Goyder South wind farm in Australia, which will have 75 turbines capable of producing up to 412 MW of power.
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