Europe & UK

Europe & UK

EIB Signs Advisory Agreement With Hydrogen Europe

July 29, 2021 Anand Gupta

The European Investment Bank and Hydrogen Europe sign advisory services agreement. The agreement will help to identify projects that could receive EIB financing and support their bankability. Total investment in clean hydrogen in Europe is expected to reach up to €470 billion by 2050. The European Investment Bank (EIB) and Hydrogen Europe, an umbrella association representing […]

Europe & UK

EU Electricity Demand Rebounds Without More Emissions: Study

July 29, 2021 Anand Gupta

Electricity demand in the European Union has returned to pre-pandemic levels without a corresponding rise in emissions, according to a report published Wednesday by an energy think tank. An analysis of data from grid operators showed that electricity demand in the EU during the first half of 2021 almost matched the demand in the same […]

Europe & UK

Naturgy to Plough $16.5 Bln Into Renewables, Networks By 2025

July 29, 2021 Anand Gupta

Madrid : Spanish power group Naturgy said on Wednesday it plans to invest 14 billion euros ($16.54 billion) mostly to ramp up its renewable generation capacity and transform power and gas networks to boost core earnings around 30% by 2025. Long a major producer and trader of natural gas, Naturgy is trying to shift to […]

Europe & UK

Learnings From the German Storage Model: How It Is Helping Stabilise the Grid

July 28, 2021 Anand Gupta

Almost 70 per cent of home solar PV in Germany comes with battery energy storage attached For Germany, 2020 was a notable year in the production of renewable energy: Wind, solar photovoltaics (PV) and other renewable sources overtook fossil fuels in German power production. A record-low energy consumption due to the novel coronavirus disease pandemic, […]

Europe & UK

Wind Lobby Says Germany Must Do Better As H1 Onshore Wind Rises 62%

July 28, 2021 Anand Gupta

The shortfall is greater if a revised forecast for national power consumption, issued this month, is taken into account, they said, as that would call for a total of 5,000 MW. German industry lobbies said on Tuesday the country is behind target even after it added 62% more onshore wind capacity in the first half […]

Europe & UK

Vestas, SSE Renewables Seek Viking Apprentices

July 28, 2021 Anand Gupta

Vestas has teamed up with the developer of the 443MW Viking wind farm, SSE Renewables, to offer four people the opportunity to join their apprenticeship programme. The successful candidates would learn the skills needed to become wind turbine technicians and ultimately have the opportunity to work at Viking, on the Shetland Isles in Scotland, when […]

Europe & UK

EU Regulators Clear 30.5 Billion Euro French Renewable Energy Scheme

July 28, 2021 Anand Gupta

The scheme is targeted at onshore operators of solar, onshore wind and hydroelectric installations, who will get a premium on top of the electricity market price. BRUSSELS : EU state aid regulators cleared on Tuesday a 30.5-billion-euro ($35.9 billion) French scheme for renewable energy production, saying it would help the bloc’s goal of achieving climate […]

Europe & UK

Spain: Iberdrola And EIB Sign a New €550 Million Green Loan to Boost Smart Grids

July 27, 2021 Anand Gupta

The project will contribute to the electrification of the Spanish economy and improved efficiency via better automation and control mechanisms The funds will be allocated to the investment plan covering this infrastructure that i-DE — Iberdrola’s Spanish distributor — will develop for €1.5 billion between 2021 and 2023 This investment plan will help safeguard an […]

Europe & UK

Sweden Happy to Join the International Solar Alliance: Envoy

July 24, 2021 Anand Gupta

New Delhi : Leading European nation Sweden on Friday said it has ratified the framework agreement for the International Solar Alliance, an initiative of India aimed at promoting renewable energy and sustainable development. Swedish Ambassador to India, Klas Molin, said Sweden is happy to join the International Solar Alliance (ISA). He said Sweden hopes to […]

Govt. to facilitate easier open access to Green Energy

Europe & UK

RES4Africa, Enel Green Power And the EIB Encourage African Youth to Find Green Energy Solutions to Community Challenges

July 23, 2021 Anand Gupta

Micro-Grid Academy Young Talent of the Year 2021 Award recognises eight sustainable energy innovators from across Africa; African youth encouraged to find green energy solutions to community challenges; RES4Africa, Enel Green Power and the European Investment Bank highlight transfomational ideas from Kenya, Lesotho, Mozambique, Nigeria, Tanzania and Zambia. The second Micro-Grid Academy Young Talent of […]