Europe & UK

Europe & UK

Italy drafts guidelines for national hydrogen strategy, document shows

November 17, 2020 Anand Gupta

Italy has set out guidelines for a national hydrogen strategy to help decarbonise the economy as it phases out coal and boosts renewable energy production to meet long-term climate targets. In a draft document called National Hydrogen Strategy Preliminary Guidelines, seen by Reuters, the Industry Ministry said it was targeting investments in the sector of […]

Martifer Turbine And Solar Panels Production

Europe & UK

France’s Retroactive Cuts for Solar Draws Anger From Industry

November 17, 2020 Anand Gupta

France’s utilities joined with investors in clean power projects in objecting to a government plan to cut as much as 4 billion euros … Read More…

Siemens Gamesa confirms order for 496 MW Bay of Saint Brieuc offshore wind power plant

Europe & UK

Renewables Buoy RWE and EDF as Clean Energy Outlook Brightens

November 17, 2020 Anand Gupta

RWE forecasts 10 gigawatts of cumulative renewables deployments by the end of 2020; EDF has nearly 40 GW of wind and solar in its pipeline. Two of Europe’s major utilities have demonstrated the signs of a post-coronavirus lockdown recovery, highlighted by growing renewables capacities. EDF and RWE both reported their Q3 results at the end […]

Green bonds shoot past $1 trillion mark in record month

Europe & UK

Greencells GmbH issues secured Green Bond in the volume of up to EUR 25 million with 6.5% interest coupon and a term of 5 years

November 14, 2020 Anand Gupta

DGAP-News: Greencells GmbH / Key word(s): Issue of Debt 13.11.2020 / 08:00 The issuer is solely responsible for the content of this announcement. Greencells GmbH issues secured Green Bond in the volume of up to EUR 25 million with 6.5% interest coupon and a term of 5 years – One of the leading EPC companies […]

Europe & UK

France Hydrogène and EIB sign agreement to accelerate support for hydrogen projects

November 14, 2020 Anand Gupta

The agreement signed between France Hydrogène and the European Investment Bank (EIB) aims to provide support focused on advising and supporting project promoters in the hydrogen sector. Thanks to this agreement, promoters in this sector will benefit from the technical and financial expertise of the EU climate bank, the leading international lender in the field […]

EU investment bank halts loans to scandal-tainted Volkswagen

Europe & UK

EU member states approve EIB Group Climate Bank Roadmap 2021-2025

November 13, 2020 Anand Gupta

Support €1 trillion in investment for climate action and environmental sustainability in the decade to 2030 EIB Group is now aligning all financing activities from end of 2020, with goals of Paris agreement More than 50% of annual financing dedicated to green investment by 2025 More Green advisory services and financing of innovative low carbon […]

China Solar Giant Plunges After Billionaire Chairman Detained

Europe & UK

Sweden, Norway expect 18 TWh of new renewable power by 2022

November 13, 2020 Anand Gupta

NORWAY-SWEDEN/Sweden, Norway expect 18 TWh of new renewable power by 2022 OSLO: Norwegian and Swedish authorities said on Thursday a further 18 terawatt hours (TWh) of additional renewable electricity generation capacity will be completed by 2022 under a joint subsidy scheme. Projects currently under construction totalled 7.4 TWh in Norway and 10.6 TWh in Sweden, […]

Europe & UK

BP and Ørsted to create renewable hydrogen partnership in Germany

November 11, 2020 Anand Gupta

Plan to jointly develop industrial-scale electrolyser project for green hydrogen ‎production ‎ Powered by Ørsted offshore wind, project will initially replace 20% of natural gas-‎based hydrogen used at bp’s Lingen refinery ‎ Scale of project will support future reduction in green hydrogen costs ‎ bp’s first full-scale green hydrogen project, a significant step in […]

Europe & UK

Siemens Energy drops most coal business following spin-off

November 10, 2020 Anand Gupta

FRANKFURT: Siemens Energy ENR1n.DE, which builds steam turbines for power plants, will no longer take on new business to supply coal-fired powered stations, it said on Tuesday, making it the latest firm to scale back fossil fuel-related operations. Selling turbines to coal-fired power plants accounts for a low single-digit percentage of the company’s sales, or […]

Europe & UK

Sterling and Wilson Solar opens new office in Spain

November 9, 2020 Anand Gupta

New Delhi: Shapoorji Pallonji Group firm Sterling and Wilson Solar on Monday said it has opened a new office in Spain to focus on Europe”s growing solar market. The office, located in Seville, will be its headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, Poland, among others, the company said […]