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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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Germany’s RWE wins only offshore wind power lease in Gulf of Mexico in disappointing result
The German affiliate RWE Offshore US Gulf won the only lease awarded in the recent auction for offshore wind tracts in the Gulf of Mexico.
Offshore wind primed for rapid expansion in APAC
More than 380 GW of offshore wind capacity worldwide, across 32 markets, is predicted to be added in the next ten years (2023-2032), according to the new 2023 Global Offshore Wind Report.
Argentina boosts annual lithium export target to 400,000 tonnes
Argentinian Mining Secretary Fernanda Ávila revealed that the South American country is set to increase its lithium export target from 34,000 tonnes per year to 400,000 tpy.
Sri Lanka has 56-GW offshore wind potential
Sri Lanka has 56 GW of offshore wind potential, although not all of it will be developed, says a new report by the World Bank.
Ørsted warns of $2.3bn hit to US projects
Ørsted, the Danish offshore wind developer, said that its offshore wind projects off the US East Coast could require impairment charges of up to DKK 16bn ($2.3bn).
Mexico's electric vehicle output to increase by 179% in 2023
Mexico's production of electric vehicles (EVs) is set to rise by 179% in 2023, compared with 2022, according to a report by Mexican consultancy American Industries Group.
Mocean, Aker partner on wave power for oil and gas hubs
Aker Solutions Subsea and Mocean Energy are entering a joint venture to extend the life of existing oil and gas hubs with wave energy.
EU scouts Africa for SAF projects
The European Union has banked on Africa backing sustainable aviation fuel (SAF) projects for its Global Gateway infrastructure fund ahead of an expected increase in demand for sustainable air travel, according to an EU official.
Uzbekistan’s 7M23 EV imports grow sixfold
Siemens’ wind turbine problems could cost €4.5bn
The problems at Siemens Energy's wind turbine subsidiary could cost as much as €4.5bn ($4.9bn), reports manager magazin, citing anonymous sources.
Field to break ground on battery storage site in Wales
Field is to break ground within weeks on its 40-MWh battery storage site in Newport, South Wales. The ground-breaking will occur son, and the storage facility should be connected to the grid in the third quarter of 2024.
Bulgaria invites Slovenia to join project for new reactors at Kozloduy NPP
Bulgaria has invited Slovenia to join a project for the construction of new reactors at its Kozloduy nuclear power plant. Sofia has already invited Greece to also join the project.
IRENA: New renewables’ affordability increases despite inflation
The fossil fuel price crisis has accelerated the competitiveness of renewable power, says a new report by the inter-governmental International Renewable Energy Agency.
Agaoglu Group sells 25% stake in wind power unit Tatlipinar via Istanbul IPO for TRY 2bn
India gears up for auction of 100 critical mineral blocks to drive green energy transition
Investors eye Vietnam’s rare earth resources
German grid operator unveils 8-GW offshore wind link
Amprion, a German electricity transmission system operator, has unveiled plans for an 8-GW offshore wind link which could power 8mn people.
Engie buys Texas grid-scale battery developer for $1bn
France’s Engie has agreed to buy Broad Reach Power, a company specialising in grid-scale battery storage and based in Houston, from private equity funds EnCap and Apollo.
Junk carbon offsets crackdown continues
The UK’s Advertising Standards Authority is scrutinising carbon offsets that may be more greenwashing than helpful in the fight against climate change.
Egypt-Ethiopia GERD dam talks yielded no significant progress, Egypt’s water ministry says
The Egyptian Ministry of Water Resources and Irrigation issued a communiqué on August 28, stating that the two days of formal talks in Cairo involving Egyptian, Ethiopian and Sudanese officials failed to yield a substantial shift in Ethiopia's stance
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