Europe & UK

Air Liquide inaugurates the world’s largest low-carbon hydrogen membrane-based production unit in Canada

Europe & UK

Air Liquide Successfully Launches its First Green Bond Issue by Raising 500 Million Euros

May 20, 2021 Anand Gupta

Main characteristics are as follows: Amount: €500 million Issuer: Air Liquide Finance, guaranteed by L’Air Liquide SA Settlement: May 27, 2021 Maturity: May 27, 2031 (10 years) Format: Fixed rate, repayment at maturity Coupon: 0.375% p.a. Air Liquide has successfully launched its first green bond issue, by raising 500 million euros which will be dedicated […]

Enel Green Power, Enertrag, Leclanché inaugurate 22 MW Cremzow battery energy storage system in Germany

Europe & UK

Energy: Agreement Between ENEL Green Power and ENEA For an Innovative Agrivoltaic Pilot Plant

May 19, 2021 Anand Gupta

A project integrating solar technology and microalgae cultivation to be launched at the ENEA Center in Portici (Naples) Rome : Enel Green Power and ENEA have signed an agreement to test an innovative technology that combines photovoltaic electricity production with microalgae cultivation. A pilot plant will be built at the ENEA Center in Portici (Naples) […]

Europe & UK

Italy’s ERG Pledges 2.1 Billion Euros to Become Pure Green

May 17, 2021 Anand Gupta

Italy’s ERG pledged on Friday to spend 2.1 billion euros ($2.5 billion) over the next five years to complete its transition to an entirely renewable company and drive earnings. Already Italy’s biggest wind operator, which generates some 60% of earnings from wind power, ERG said it aimed to add 1.5 gigawatts (GW) of capacity by […]

Europe & UK

Spanish Parliament Approves Clean Energy Bill

May 14, 2021 Anand Gupta

As part of Spain’s efforts to meet its carbon emissions target, the legislation outlaws the sale of vehicles that emit carbon dioxide by 2040, and their circulation by 2050 Madrid: Spain’s parliament approved Thursday a clean energy bill aimed at achieving carbon neutrality by 2050 in line with EU targets, while also banning the sale […]

Europe & UK

EIB Increases Support for COVAX and Backs €1.5 Billion Clean Energy, Water, Health and Education Investment

May 13, 2021 Anand Gupta

€533 million to improve green energy generation, transmission and distribution €272 million for hospitals and schools €200 million for COVAX vaccine initiative €250 million for water distribution in Italy €250 million for business investment in the Baltics €1.5 billion of new financing approved by the European Investment Bank (EIB) today will strengthen support for global […]

Europe & UK

Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO

May 11, 2021 Anand Gupta

Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO. For more information please see below link:

Harnessing Renewable Hydrogen for Long Term Energy Storage

Europe & UK

Italy’s Edison Readies Stake Sale in Green Production Unit – Sources

May 11, 2021 Anand Gupta

Italian energy group Edison, owned by France’s EDF, is gearing up to sell a stake of up to 40% in its renewable energy generation arm as it seeks to capitalise on investor appetite for green assets, four sources familiar with the matter said. The company is working with Lazard and Societe Generale to attract deep-pocketed […]

Europe & UK

Carbon Emissions from Energy Dropped 10 Per Cent in the EU Last Year

May 8, 2021 Anand Gupta

Eurostat said in a statement Friday that emissions fell in all of the EU’s 27 member nations compared to 2019 as governments imposed lockdown measures to slow the spread of the virus BRUSSELS – Carbon dioxide emissions from fossil fuel combustion dropped 10 per cent in the European Union last year amid the coronavirus pandemic, […]

Europe & UK

Italy Promises “Brutal” Cuts to Red Tape Delaying Renewable Energy Projects

May 6, 2021 Anand Gupta

Italy’s byzantine authorisation process has slowed down the rollout of new green energy schemes, jeopardising access to EU recovery funds and the achievement of climate targets. Rome, which needs to install up to 70 gigawatts of new renewable energy capacity by 2030, is currently installing just 0.8 GW per year, in large part due to […]

Europe & UK

EU Commission Approves 400 Million Euros Danish State Aid for Renewable Energy

May 5, 2021 Anand Gupta

“This Danish scheme will contribute to substantial reductions in greenhouse emissions, supporting the objectives of the Green Deal,” the commissioner in charge of competition, Margrethe Vestager, said. The European Commission on Tuesday approved 400 million euros ($480.12 million) Danish state aid supporting the production of electricity from renewable sources, according to a statement. “This Danish […]