“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 […]
NextEra Inks $733 Million Wind Purchase in Latest Green Deal
NextEra Energy Inc. agreed to acquire four wind farms from Brookfield Renewable Partners LP for $733 million in the energy giant’s biggest purchase since 2019. The wind turbines have combined output of almost 400 megawatts and have long-term sales contracts for their power, NextEra said in a statement on Monday. Three are in California and […]
Power surge: How the European Green Deal can succeed in Morocco and Tunisia
North African countries such as Morocco and Tunisia can help Europe meet its carbon emissions targets and strengthen its position in the face of fierce competition from China for economic and political influence. By encouraging European investment in renewable energy, the European Green Deal can increase local workforce opportunities, promote development, and stabilise migration, enhancing […]
