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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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Ørsted progresses New Jersey port deal
The New Jersey Economic Development Authority (NJEDA) has signed a letter of intent with Ørsted for New Jersey’s first offshore wind project, Ocean Wind 1. And Atlantic Power Transmission will commit $50mn to workforce development.
Zimbabwe president assures energy security
GreenGroup raises €127mn to accelerate regional expansion
Central and Southeast Europe's largest integrated recycling group to expand to meet surging demand for recycling and sustainable products in the region.
EBRD is considering $50mn senior unsecured loan provision to Commercial International Bank – Egypt
Coal expansion slows slightly in 2021, but far more is needed to meet net-zero targets.
Total global coal power capacity under development declined by 13% in 2021 to 457 GW, a record low, with the number of countries building coal plants falling from 41 in 2020 to 34 in 2021.
War in Ukraine puts burgeoning renewables sector in peril
Russia’s invasion of Ukraine has stopped dead the rapid growth of Ukraine’s solar 6,229-MW sector, with up to 1,120-1,500 MW damaged so far, mostly in areas under Russian attack.
Zimbabwe's second city Bulawayo plans to produce clean energy from contaminated dam, solar plants atop old cemeteries
Scatec gets Egypt’s approval for $334.5mn green bonds to refinance Benban solar park projects
MOL to build €22mn green hydrogen plant
IFC, Uzbekistan partner to develop wind power projects
Chances for expanded renewable energy tax credits remain stalled in the US Senate
Prospects for President Joe Biden’s entire Build Back Better agenda again looked dimmer on April 26 as the conservative Democrat Senator Joe Manchin told ABC News bluntly: “There’s not a Build Back Better revival. There’s not."
Boralex, Énergir and Hydro-Québec to develop 1.2 GW of wind in Quebec
Boralex, Énergir and Hydro-Québec are partnering together to develop three wind projects of 400 MW each in the Seigneurie de Beaupré territory, in Quebec, Canada. Total investments for the projects could reach CAD3bn.
First offshore wind farm in the Mediterranean inaugurated
On Earth Day, Renexia SpA inaugurated its almost-complete 30-MW Beleolico offshore wind project, Italy’s first offshore wind farm and the first in the Mediterranean Sea.
First Solar to provide Leeward with 1 GW of thin-film solar modules
Leeward Renewable Energy (LRE) and First Solar have entered into an additional multi-year framework supply agreement. First Solar will provide LRE with 1 GWdc of advanced, ultra-low carbon thin-film photovoltaic solar modules.
Amazon announces 37 new renewable energy projects
Amazon, the web retailer, has announced 37 new renewable energy projects globally, adding 3.5 GW to its portfolio. The company aims to power 100% of its operations with renewable energy by 2025 – five years ahead of the original target of 2030.
Quinbrook and Primergy close $1.9bn in financing for 1.35-GW Gemini solar/storage project in Nevada
Quinbrook Infrastructure Partners and Primergy Solar have closed $1.9bn in debt and tax equity financing for the Gemini Solar + Storage project in Nevada. Primergy is a wholly owned portfolio company of Quinbrook.
Equinor energy transition plan is centred on offshore wind
Shareholders of Equinor, the Norwegian state oil company, will advise on the company’s first energy transition plan on May 11. Equinor is aiming for an offshore wind goal total of 12-16 GW of installed net renewable capacity by 2030.
Federal regulators announce transmission plan that would “significantly” help US clean energy
The US Federal Energy Regulatory Commission has announced a proposed rule that is key to reforming regional transmission planning and cost allocation in a way that will help drive the roll-out of renewables and the energy transition.
US probe into SE Asian solar panel imports could hold back US solar boom
The US investigation into whether Southeast Asian solar panel manufacturers are circumventing tariffs could reduce domestic US solar installations by 46% in 2022 and 2023, threatening both jobs and the competitiveness of the US solar industry.
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