Europe & UK

Cyberattacks on renewables: Europe power sector’s dread in chaos of war – EQ Mag

June 16, 2023 Anand Gupta

Cybersecurity a growing concern for power companies Ukraine war has heightened risks, say executives Renewables, grids are more digitalized, connected Sector seeks cyber staff, expertise to fight threat OSLO/LONDON/FRANKFURT : Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. […]

Shell to join clean hydrogen project in Norway

Europe & UK

Shell boosts dividend, steadies oil output in new CEO plan – EQ Mag

June 15, 2023 Anand Gupta

Shell (SHEL.L) will ramp up its dividend and share buybacks while keeping oil output steady into 2030, it said on Wednesday, as CEO Wael Sawan moved to regain investor confidence that wavered over its energy transition plan. In a new financial framework announced ahead of an investor conference in New York starting at 1230 GMT, […]

Europe & UK

Siemens Energy takes full control of Siemens Gamesa – EQ Mag

June 14, 2023 Anand Gupta

FRANKFURT : Minority shareholders of Siemens Gamesa on Tuesday approved a capital reduction for the remaining 2.21% stake parent Siemens Energy (ENR1n.DE) does not already own, paving the way for a full integration of the Spanish-based wind turbine maker. “This is an important step in preparing for full integration. Besides, the turnaround program at Siemens […]

German firms keen on collaborating in renewable vitality auctions in Azerbaijan – EQ Mag

June 13, 2023 Anand Gupta

German-Azerbaijani Chamber of Commerce is working to draw German firms within the discipline of renewable vitality sources to Azerbaijan, Executive Director of the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) Tobias Baumann informed Trend. “A delegation on renewable vitality sources visited Azerbaijan final 12 months. We have a program of the Ministry of Economy and Climate […]

Study suggests India could economically meet electricity demand through renewables by 2030

Europe & UK

Ukraine asks Europe to double electricity supplies – EQ Mag

June 10, 2023 Anand Gupta

The suspension of import duties, quotas and trade defence measures on Ukrainian exports to the European Union – known as the Autonomous Trade Measures (ATMs) – are in place for another year. This strong testament to the EU’s unwavering support for Ukraine will help alleviate the difficult situation faced by Ukrainian producers and exporters because […]

Great Opportunity for India to Nurture Renewable Energy Industry to Become World Supplier Piyush Goyal

Europe & UK

EU, COP28 host UAE pledge to rally support for renewable goals – EQ Mag

June 9, 2023 Anand Gupta

The two sides will work to “ensure maximum support on global 2030 targets for the tripling of renewable energy and doubling of energy efficiency,” a statement agreed after a meeting of officials in Brussels said BRUSSELS : The European Commission and the United Arab Emirates’ presidency of this year’s COP28 climate summit pledged on Wednesday […]

High voltage towers on skies background, Transmission line tower

Europe & UK

France braces for power demand surge driven by EVs, alternative fuels – EQ Mag

June 8, 2023 Anand Gupta

PARIS : Electric vehicles and other technology to cut emissions is likely to drive a surge in French power demand by 2035, meaning France will need to maintain its existing nuclear capacity, grid operator RTE said on Wednesday. The European Union in March approved a law to end sales of new C02-emitting cars in 2035. […]

JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm in a Bid to Reduce Carbon Footprint

Europe & UK

Wind returns to top of list of German power sources – EQ Mag

June 8, 2023 Anand Gupta

Conventional energy sources – comprising coal, gas and nuclear – still made up over half of electricity production at 51.4%, down slightly from 52.9% a year earlier, the office reported. Germany aims to generate at least 80% of its electricity from renewable sources by 2030. It closed its last nuclear power plants in April and […]

Europe & UK

France rolls out the red carpet for EV battery factories – EQ Mag

June 6, 2023 Anand Gupta

PARIS : For French President Emmanuel Macron, it was a light-bulb moment. In an ornate ballroom at the Palace of Versailles last July, the head of Taiwan’s ProLogium took out a pair of scissors and cut one of its solid-state batteries the size of a credit card in half. The small bulb it was powering […]

NTPC Limited transfers renewable energy assets to NTPC Green Energy Limited (NGEL)

Europe & UK

Global renewable capacity additions set to reach more than 440 GW in 2023: IEA – EQ Mag

June 2, 2023 Anand Gupta

LONDON : Global additions of renewable power capacity are expected to rise by a third this year, the International Energy Agency (IEA) said on Thursday, as stronger government policies and energy security concerns drive more clean energy deployment. In its Renewable Energy Market update report, the IEA said additions of renewable capacity worldwide are set […]