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Germany urged to be carbon-neutral by 2040

“What the next German government decides will have an impact on our greenhouse gas emissions over the next 20 to 30 years,” Xinhua news agency quoted Christiane Averbeck, Executive Director of Climate Alliance Germany, as saying in a statement on Monday. Germany should seek to achieve climate neutrality by 2040, 10 years earlier than officially […]

Poland sees energy transformation costing $120 billion by 2045

China’s import of polysilicon for solar cells dips 30%

China’s import of polysilicon, the feedstock for solar cells, decreased by 30 percent from 144,503 metric tons (MT) in 2019 to 100,776 MT in 2020, according to Chinese customs statistics. “Though South Korea still exported sizeable volumes from inventories to China throughout the year, the shutdown of a production capacity of 60,500 tons – at […]

Fitch Rates Greenko Dutch’s Proposed USD Notes ‘BB’

Air Liquide signs long-term supply agreement for BASF’s new state of the art battery material plant in Germany

Air Liquide and BASF have signed a new long-term contract for the supply of oxygen and nitrogen to one of BASF’s largest and most innovative European sites, located in Schwarzheide, Germany. Air Liquide will invest around 40 million euros in the construction of a state-of-the-art Air Separation Unit (ASU) at this flagship site for the […]

Salt-based energy storage trial taps “first-class” Australian technology

Coal to Green Hydrogen: Germany’s Energy Transition Summed Up in One Project

How coal phaseout policies, waste heat and a steel mill are helping one green hydrogen project stack up. The Moorburg coal power station boasts an eventful inception, a landmark closure, and now, a bright future. It was opened in 2015 by Swedish utility Vattenfall on the banks of the Elbe river, just outside the German […]

German steel giant Thyssenkrupp plans 500MW green hydrogen plant

Germany Paid Record $38 Billion for Green Power Growth in 2020

Germany paid a record sum to foster green electricity last year as new wind, solar and biomass plants weathered the worst of the coronavirus crisis afflicting other sections of the economy. The rising costs of supporting renewables has become a friction point as the nation struggles with Covid-19. The subsidy is paid directly by consumers […]

Poland sees energy transformation costing $120 billion by 2045

German power export surplus shrank 46.2% in 2020

Cross-border trade is especially strong with France, which still bets on nuclear power – shunned in Germany for safety concerns which resulted in its plan for a scheduled withdrawal FRANKFURT: Germany saw its electricity export surplus shrink by 46.2 per cent in 2020 to 18.9 terawatt hours (TWh), raising the prospect that its dependency on […]

Poland sees energy transformation costing $120 billion by 2045

Germany invests $36 million in rural power

German Development Cooperation has invested 30 million euros ($36 million) in concessional lending to Cambodia to enhance energy efficiency and rural power supply. The funding will go into upgrading and expanding the power grid for the country’s rural network, which will contribute to the reaching of Cambodia’s ambitious targets in reducing greenhouse gas emissions and […]