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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US Wind announces $11mn for offshore wildlife research

2 April 2022

US Wind has announced $11mn in funding over ten years to the University of Maryland Center for Environmental Science for research aimed at understanding the potential effects of offshore wind development on marine wildlife

EU launches WTO challenge against UK over offshore wind

2 April 2022

The European Union has launched its first ever challenge against Britain at the World Trade Organisation (WTO) over the UK’s subsidy scheme for offshore wind. The UK left the EU in January 2020 in a move called Brexit.

Maersk wins installation contract for more than 2 GW of US wind farms

2 April 2022

In the US, Maersk Supply Service will construct a pioneering wind installation vessel for Equinor and oil super-major bp for the Empire 1 and 2 wind offshore farms, which together will comprise more than 2 GW and come online 2026-2028.

Wind and solar growth must accelerate to keep pace with demand for power

1 April 2022

Wind and solar accounted for a record 10.3% of global electricity consumption in 2021, after solar generation rose by 23% and wind grew by 14%.

Virginia AG’s office: Dominion Energy’s proposed $9bn 2.64-GW offshore wind farm poses “significant” financial risks for consumers

31 March 2022

The Virginia Attorney General’s office has told state regulators that Dominion Energy’s proposed $9bn 2.64-GW offshore wind farm off Virginia poses “significantly risks” for consumers and that its economic benefits have been exaggerated.

Energy transition needs $5.7 trillion per year until 2030

31 March 2022

The world needs to invest $5.7 trillion per year between now and 2030 if it is to have any chance of limiting global warming to 1.5°C.

Shenhua to increase focus on green investment by 2030

31 March 2022

China Shenhua Energy plans to increase investments in renewable energy to 40% of capex by 2030 and will not build any new coal plants from 2025.

Wind and solar growth must accelerate to keep pace with demand for power

31 March 2022

Wind and solar accounted for a record 10.3% of global electricity consumption in 2021, after solar generation rose by 23% and wind grew by 14%.

Biden administration to probe claim against SE Asian assemblers of solar components

30 March 2022

The Commerce Department on March 28 announced a probe into solar panels imported from four Southeast Asian countries over the possibility that the panels are circumventing tariffs imposed to protect domestic US manufacturing.

Shell UK to invest up to GBP18.75bn in renewables and low carbon

30 March 2022

Shell UK has unveiled plans to invest GBP20bn ($26.3bn) to GBP25bn in the UK energy system over the next 10 years. More than 75% of this – or up to GBP18.75bn – is intended for low and zero-carbon products and service.

UK energy strategy held up, to be released April 5

30 March 2022

The UK’s new energy strategy has been held up over a row within the Cabinet over onshore wind planning and funding for highly controversial nuclear plants.

Trudeau unveils C$9.1 bn plan to meet 2030 carbon targets

30 March 2022

Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.

REM: Trudeau unveils C$9.1bn plan to meet 2030 carbon targets

30 March 2022

Canada has unveiled a multi-billion dollar plan to cut carbon emissions, including a clean electricity standard (CES). The plan, presented by Prime Minister Justin Trudeau, includes C$9.1bn ($7.3bn) in new spending to meet carbon emissions.

Ireland's Avolon and Turkey's Gozen to pioneer 'flying taxi' services in heavily congested Istanbul

29 March 2022

Avolon among launch customers for up to 1,000 zero-emission electrical vertical takeoff and landing (eVTOL) aircraft being developed by New York-listed Vertical Aerospace.

Ørsted to divest 50% ownership stake in its 1.3-GW Hornsea 2 for GBP3bn

29 March 2022

Danish offshore wind developer Ørsted has agreed to divest a 50% ownership stake in its 1.3 GW Hornsea 2 Offshore Wind Farm in the UK to a consortium consisting of AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.

South Africa court rules clean air is a constitutional right

28 March 2022

A court in South Africa (SA) has made a landmark ruling that clean air is a constitutional right, reports moneyweb.

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