Swedish energy giant Vattenfall has issued its second €500 million (£435 million) green senior bond. The issue was oversubscribed by over six times, the company said, with the proceeds to be used to finance investments in the four eligible categories specified in the Vattenfall’s Green Bond Framework. The categories – renewable energy and related infrastructure, […]
Europe’s Offshore Wind Market Continues Hammering Down Costs
Europe may lose ground to China in the years ahead, but recent announcements underscore its centrality to the global offshore wind market. Momentum is growing for U.S. offshore wind, and expectations for China are sky-high. But Europe is where the real market action is happening today, as a flurry of recent news highlights. Last week, […]
Vattenfall issues EUR 500 million green bond
In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with a tenor of seven years. The bond is the first international issuance under an EMTN programme under Swedish governing law, listed on […]
Largest smart electric vehicle charging network optimizes use of renewable energy in Amsterdam
Vattenfall and the City of Amsterdam, together with grid owner Liander, the infrastructure competence center Elaad, and the Amsterdam University of Applied Sciences, today launch Flexpower, the largest public smart charging network for electric vehicles in Amsterdam. This innovative solution enables faster charging, maximal use of renewable electricity and more efficient use of the electric […]
SaltX aims to compete with pumped hydro’s economics as 10MWh pilot launches
Electrical and heat storage using specially nanocoated salt (NCS) could be economically competitive with pumped hydro, SaltX has said, with a large-scale demonstration facility inaugurated in Berlin, Germany. Headquartered in Sweden, SaltX has been “working with salts for 15 years”, the company’s marketing director Eric Jacobson told Energy-Storage.news today. This specific application for the salt-based energy storage […]
INNOVATION: Vattenfall to test salt-based power storage technology
Efficient energy storage is vital in increasing the appeal of renewable power and Vattenfall’s pilot programme will use a technique developed by another Swedish firm, SaltX Technology OSLO: Swedish power producer Vattenfall has commissioned a plant to test the storage in salt of electricity from solar plants and wind turbines, hoping to overcome the stop-start […]
Vattenfall, TenneT eye Dutch-British power link after 2023
LONDON: A power cable connecting cross-border wind farms in the North Sea to Britain and the Netherlands could be in place after 2023, if the plan secures approval, a partner in the project said. Swedish utility Vattenfall and Dutch-German grid operator TenneT agreed last week to conduct a feasibility study on the link, called WindConnector, […]