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China Fears Recede Somewhat, As EU’s Green Deal Industrial Plan Worries About US

If you thought that the renewed push for manufacturing in the US, EU and even India for that matter, was linked to countering China’s dominance of global manufacturing, think again. The European Union has finally released details of its $270 billion Green Deal Industrial plan to spur manufacturing in the continent. In what many see […]

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New Wind Energy Tower Factory To Come Up In Poland With EUR 200 Million Investment

Spanish green energy conglomerate GRI Renewable Industries (GRI) and ARP, Poland’s Industrial Development Agency, have announced that they have signed an agreement for the launch of a joint venture company for the construction of an offshore wind tower factory in Gdansk – a Polish port city on the Baltic coast.  GRI is an experienced offshore wind […]

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Marguerite To Invest EUR 60 Million In New Solar Platform

Luxembourg-based renewable energy provider Marguerite has announced that it will be investing up to EUR 60 million in an investment platform that will work to develop greenfield solar power projects. Marguerite held that the investment platform will seek to develop a portfolio of over 2GW of developed and in-development solar power plants in the coming […]

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European Investment Bank Commits EUR 28.5 Mn for Three Solar Plants for Greece

PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece’s largest power generation company, has announced that it will establish three solar power plants, that will boast of a cumulative capacity of 230 MWp. This is set to be among the largest solar energy projects developed or in the pipeline in […]

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European Solar Residential Market Poised for Over 9% CAGR

A recent report that delves into the residential solar market of Europe, titled, “European Residential Solar Market: Analysis By Accumulated Installation, By Accumulated Capacity, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027″ predicts that it set for growth of 9.60% CAGR. The estimates have been made for a period […]

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Africa Has EUR 1 Trillion Green Hydrogen Potential: New Study

A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy. The analysis is commissioned by the European Investment Bank, the […]

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Octopus Energy Invests In FFNEV; Eyes Iberia, EU and Latin America

Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy Ventures (FFNEV). Octopus Energy held that the investment is aimed […]

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European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs

Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus,  is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […]

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UK Signs MoU with EU, North Sea Countries for Offshore Wind

Graham Stuart, Minister for Energy and Climate, the United Kingdom, has signed a landmark agreement on renewable energy cooperation with European Union (EU) and North Seas countries. The official statement of the UK government has held that the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum fulfils commitments in the UK-EU […]

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