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Wind Energy and Hydrogen Can Work Together For a Cleaner Europe 

WindEurope recently hosted a workshop exploring the wind energy’s potential to decarbonize industries that are resource and energy-intensive – with a focus on hydrogen. Speakers included the IEA, the European Commission, the hydrogen sector, wind energy sector representatives and sectoral trade organizations. Late last year, the European Commission presented its strategic long-term vision for a […]

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Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022

47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […]

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European Offshore Wind Capacity Grew By 18% in 2018

Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by WindEurope. That’s an 18% increase in Europe’s offshore wind capacity. Europe now has 105 offshore wind farms across 11 countries with a total capacity of 18.5 GW. This is around 10% of the total installed wind energy capacity […]

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Wind Now Provides 14% of Europe’s Electricity 

Wind energy provided 14% of the EU’s electricity last year, up from 12% in 2017, according to statistics released by WindEurope. Wind power capacity rose in Europe by 11.3 GW in 2018. Continued growth in capacity and the use of more powerful turbines are helping to drive up wind’s share in the electricity mix. Denmark […]

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11 EU Countries Ahead of Their 2020 RE Targets: Eurostat

11 have already reached the level required to meet their national 2020 targets and moreover, 2 countries are around 1 percentage point away from their 2020 targets. The latest data report by Eurostat, the statistical office of the European Union, released yesterday shows that the European Union produced about 17.5 % of its power needs from […]

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EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments

The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […]

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Nike Signs First Wind Power PPA in Europe

The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […]

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European Companies Set Record For Wind Power Deals

European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […]

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Poland Aid to LG Chem EV Battery Plant Gets EU Approval

The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […]

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