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Corporate Renewable Purchases Key to Meeting Europe’s RE Target

Europe has set a target that 32 percent of its energy should come from renewable energy by 2030 and corporates can play a big role in meeting this target. Europe has set a target that 32 percent of its energy should come from renewables by 2030, up from 17.5 percent at present. And, corporates are […]

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GE Renewable Energy Plans to Become Carbon Neutral in 2020

GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies, […]

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Wind Power Capacity in Eastern Europe & Russia Increased by 17% QoQ

According to a new report, there was a 17 percent wind power capacity increase Quarter over Quarter (QoQ) in Eastern Europe and Russia. According to a new report, an auction-triggered awakening in Poland and a growing confidence in developers’ ability to comply with local content requirements in Russia led to a 17 percent wind power […]

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Nissan Partners With EDF to Accelerate EV Adoption Across Europe

Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of e-mobility together, particularly through the smart charging of EV Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of electric mobility together – particularly through the smart charging of electric vehicles (EV). This agreement applies to the United Kingdom, […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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EDP Issues EUR 600 Million Green Bond

EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […]

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Europe Solar Technology Contracts Activity Drops 64% in Q2 2019

Europe solar technology contracts in Q2 2019 saw 51 contracts announced, marking a drop of 64 percent over the last four-quarter average of 143 contracts Europe solar technology contracts in the second quarter (Q2) of 2019 saw 51 new contracts announced, marking a drop of 64 percent over the last four-quarter average of 143, according […]

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65 GW of European Onshore Turbines Need Upgrade or Replacement by 2028

A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028 and will be needing upgrades or replacement A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 GW of turbines per […]

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