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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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World Bank will now fund nuclear power projects
The World Bank has announced it will end its longstanding prohibition on financing nuclear energy developments, a major policy reversal from the world’s most influential development lender.
Carbon capture and storage has reached a ‘turning point’, says DNV
A new report from DNV anticipates that total funding for carbon capture and storage will hit $80bn by the end of this decade
Global offshore wind capacity up 14% in last year
Global operating offshore wind capacity has grown from 74.7GW a year ago to 85.2GW, an increase of 14%, says a new RenewableUK report
Carbon pricing rallies more than $100bn a year globally
A recent World Bank publication reveals that governments worldwide generated over $100 billion from carbon pricing in 2024
Saigon Hi-Tech Park sets ambitious goal of 50% renewable energy use in drive towards net zero
Saigon Hi-Tech Park is setting its sights on sourcing over 50% of its energy from renewable sources.
Brazil secures $250mn for industrial decarbonisation
Brazil will receive $250mn from the Climate Investment Funds (CIF) to support its Industry Decarbonisation Programme, the government said.
Russia writes off $297mn hydro energy debt owed by Tajikistan
Russia has written off a $297mn hydro energy debt owed by Tajikistan, Khovar reported on June 16.
Brazil’s Petrobras commits $16bn to low-carbon projects
Brazil’s Petrobras plans to invest $16.3bn in low-carbon projects over the next five years, the company said in its 2024 Sustainability Report.
Poland allocates €633mn to six green hydrogen projects
Poland will allocate PLN2.7bn (€630mn) to six large-scale hydrogen production projects, state development bank Bank Gospodarstwa Krajowego said on June 16.
Serbia moves toward carbon pricing
Serbia is preparing to introduce carbon pricing mechanisms, including some form of carbon tax, a government official said on June 16.
Argentine renewable energy law set to expire without achieving goals
Argentina's renewable energy law is set to expire at the end of 2025 without achieving its ambitious target as the Milei administration's free-market approach signals a shift away from government-directed energy policies.
Argentine government increases bioethanol price
Argentina's government has increased prices for bioethanol used in mandatory fuel blending, according to a resolution published in the government’s Official Gazette.
Nicaragua begins construction of largest solar plant at 70MW capacity
China Communications Country Limited has commenced construction of the 70MW Enesolar-3 solar plant in Nicaragua, which will supply energy to state water company Enacal and cover approximately 40% of its electrical requirements
Number of recorded disasters up 50-fold since 1970 – OWID
Tracking the occurrence of natural disasters can save lives by helping countries prepare for future ones, Our World in Data (OWID) reports.
Atlantic Lithium slashes executive pay and restructures leadership to accelerate Ghana mine
Atlantic Lithium has announced major cuts to executive pay and a leaner leadership structure in a bid to fast-track the development of Ghana’s first lithium-producing mine.
64-MW Stolac Solarni Park solar plant begins operation in Bosnia
The 64-MW Stolac Solarni Park photovoltaic power plant, located near the town of Stolac in Bosnia and Herzegovina’s Herzegovina region, has been connected to the grid and has begun generating electricity.
Swisscontact, BGMEA partner to boost sustainability and inclusivity in Bangladesh RMG sector
Indonesian state-owned insurer partners with South Korea’s KevinLAB for green energy pilot in SOE sector
Indonesian state-owned insurer PT Taspen has entered a tripartite agreement with South Korean tech firm KevinLAB Inc. and local EPC company PT Catur Elang Perkasa (CEP) to implement a green energy initiative
Morocco launches first offshore wind farm project near Essaouira
The project is one of the first investments backed by the Mediterranean Blue Partnership, a multi-donor fund that supports the sustainable blue economy in the southern Mediterranean and Red Sea regions.
Brazil storage projects await auction green light
Brazil’s battery energy storage sector is awaiting the government’s publication of rules for a reserve capacity auction that could unlock gigawatt-scale projects, the Brazilian Association of Energy Storage Solutions (ABSAE) said.
Flash floods, mudslides in Tajikistan inundate farmland, damage irrigation canals
Flash floods and mudslides brought on by heavy rains have caused substantial damage to farmland and two key irrigation canals near the city of Penjikent in northwestern Tajikistan, according to June 16 reports from local media.
Zelestra launches the largest solar plant in Peru
Peru has officially commissioned its largest photovoltaic facility to date, the San Martín Solar plant, marking a significant advancement in the country’s renewable energy landscape.
New IMO rules pose serious problems for sanctioned Russian shipping
The International Maritime Organisation’s adoption of its Net-Zero Framework in April has raised significant compliance hurdles for Russia’s shipping industry.
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