Envirotec Magazine

JANUARY 25, 2024

Construction has commenced on a new energy storage facility in Scotland, part of a drive to maximise the efficacy of renewables and reduce the cost of wasted wind to consumers. SMA Solar Technology AG will provide battery inverters and medium voltage power stations with Wärtsilä appointed as the Battery Energy Storage System (BESS) supplier.

Energy 286

Energy Energy Batteries Wind power 286

Renewable Energy World

DECEMBER 22, 2021

For Europe, 2020 represented a historic year for renewable energy sources. Plans for the coming years show that the energy ambitions of Eastern Europe are still untapped. This is where the Green New Deal guidelines meet old and inefficient power plants. (Sponsored Content). By Electrum. And this is only the beginning.

Investment 127

Investment Europe Fossil fuels Ethics 127

Business Green

AUGUST 3, 2020

A major renewable energy infrastructure project is to bring wind power from Shetland to the UK mainland via Europe's first multi-terminal high-voltage direct-current (HVDC) interconnection, the firms behind the development announced yesterday. Major milestone reached for pioneering green grid project.

Wind power 89

Wind power Power grid Europe Construction 89

Business Green

MARCH 10, 2022

Clean energy investor has added onshore wind projects across the UK, Sweden, France, and Finland to its portfolio. All signed in the past three months, the deals are expected to boost Octopus Renewables' total wind power capacity by up to 90 per cent over the coming decade, it said. We need to generate more cheap, clean power.".

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Wind power Fossil fuels Europe Energy 64

GreenTechMedia

JANUARY 26, 2021

Coal power slumped by 20 percent year-on-year while solar and wind power grew 15 percent and 9 percent, respectively. That figure includes offshore wind capacity exceeding the combined EU-27 + U.K. SolarPower Europe tracked 18.2 target of 100 gigawatts. The solar outlook is much better. GW of deployment in 2020.

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Europe Nuclear Power Investment Wind power 130

Envirotec Magazine

JUNE 15, 2023

To mark Global Wind Day 2023 on June 15, ABB – which describes itself as the largest supplier of electrical components to the wind industry around the world – discusses the measures needed to achieve the UK’s goals in relation to offshore wind power. This load factor = 0.402.

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Wind power Natural gas Fossil fuels Electricity 195

Business Green

DECEMBER 22, 2022

Octopus Energy's renewables generation arm has expanded its interests in Spain, yesterday announcing an undisclosed level of investment in green energy developer FF New Energy Ventures (FFNEV) as part of plans to expand its presence in Iberia. Investments like this deal with FFNEV will help make a difference quickly.

Investment 69

Investment Energy Energy Fossil fuels 69

Global Renewable News

DECEMBER 17, 2023

Highlights EIB unveils dedicated package of counter-guarantees to improve access to finance for wind power sector Board of Directors also approves financing for energy, transport, business and.

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Wind power Packaging Europe Transportation 40

Business Green

FEBRUARY 28, 2020

Shell, Gasunie, and Groningen Seaports launch ambitious plans to build green hydrogen hub for northern Europe. A new consortium has this week unveiled ambitious plans to build Europe's largest green hydrogen production 'mega-facility', which would source offshore wind power to produce zero emission hydrogen at a new site on the Dutch coast.

Europe 101

Europe Hydrogen Wind power Transportation 101

Mr. Sustainability

AUGUST 26, 2020

Summary - Europe and China double-down on renewables, investing hundreds of billions into electric vehicles, solar, wind and hydrogen. Germany recently unveiled a $145-billion (130 billion euro) recovery plan for Europe’s largest and strongest economy. Not despite the corona crisis, but fueled by it.

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Europe Energy Energy Hydrogen 78

GreenTechMedia

NOVEMBER 25, 2020

In both cases, the long-term anchor source of energy will be offshore wind power. The term "hybrid" offshore wind projects in Europe is also used to describe projects that double as interconnectors between two countries. In 2019, BloombergNEF put offshore wind investment at $29.9 All in all, the U.K.

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Europe Hydrogen Demand Fossil fuels 130

Business Green

OCTOBER 18, 2020

The study is part of an ongoing £2.75m research programme attached to the offshore wind project that is exploring the impacts of offshore wind power installations on local economic ecosystems and communities. It estimates every wind turbine in Europe generates on average of €10m of economic activity.

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Wind power Construction Europe Government 93

Renewable Energy World

AUGUST 4, 2021

More money was invested in renewable energy in the first six months of 2021 than the first half of any other year, according to tracking by BloombergNEF. Analysts noted that a decline in investment in new renewable energy projects was offset by record private ($28.2 Investment in solar projects reached a record $78.9

Investment 120

Investment Energy Energy Europe 120

Renewable Energy World

NOVEMBER 15, 2021

German energy titan RWE plans to invest €50 billion in renewable energy technologies by 2030 as part of a new strategy to deploy an additional 25 gigawatts of clean energy generating capacity. The corporation will invest in onshore and offshore wind, solar, batteries, flexible generation, and hydrogen.

Investment 112

Investment Hydrogen Batteries Europe 112

Business Green

MARCH 18, 2022

At present, the UK has a target for 40GW of offshore wind power by 2030, which would mark a significant uptick from around 11GW in 2020. The target sits alongside a separate goal for 1GW of floating wind power capacity, a more nascent technology that allows turbines to capture stronger wind speeds further out at sea.

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Wind power Government Fossil fuels Energy 77

Business Green

DECEMBER 21, 2021

Green Investment Group (GIG) has reached financial close on a 40MW battery storage project in Essex, marking the first in a string of utility scale, distribution-connected battery facilities the Australian-owned investor is aiming to deliver across the UK in the coming years.

Batteries 62

Batteries Investment Wind power Europe 62

Business Green

MARCH 16, 2020

The European wind power sector is braced for potential economic headwinds in the wake of the escalating coronavirus outbreak, with trade body WindEurope today warning that some supply chains are already being hit by delays.

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Wind power Logistics Government Electric vehicle 63

Business Green

JANUARY 14, 2022

ScottishPower has today hailed its move "to the forefront of the UK's solar industry", after agreeing a £500m investment in projects that are set to collectively power the equivalent of 220,000 homes. It also boasts 31GW of solar projects under development in Spain, the US, Mexico, the UK, Portugal, and Italy.

Investment 69

Investment North America Wind power Solar Power 69

Renewable Energy World

MARCH 1, 2021

Global financial investment for offshore wind capacity set records in 2020, according to new research released last month. Global investment for offshore wind also set new highs last year as investment reached USD 30 billion, surpassing the previous high of USD 22 billion set in 2018.

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Investment Construction Europe Asia 123

PV Tech

JANUARY 23, 2024

Italy generated record-breaking volumes of both solar PV and wind power in 2023, producing 30.6TWh and 23.4TWh of electricity, respectively.

Electricity 128

Electricity Wind power Europe Investment 128

The Environmental Blog

JANUARY 26, 2021

The global economy of 2020 was primarily shaped by the coronavirus pandemic which greatly affected energy usage, project engagement and investments worldwide. Public and private investment into renewables has already begun to flow and most postponed projects look set to kick off in the near future. Solar and Wind Set to Dominate .

Business Energy Monitoring 195

Business Energy Monitoring Solar Energy Monitor Building Energy Monitoring Energy Monitor 195

Smart Energy International

OCTOBER 21, 2022

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity transmission corridor — the Ostbayernring — connecting Redwitz to Schwandorf in the south-east of Germany. Sign up to our newsletter and stay informed.

Investment 52

Investment Nuclear Power Power grid Wind power 52

Business Green

JANUARY 29, 2021

Spain has delivered the lowest prices ever seen for onshore wind in Europe," said Giles Dickson, CEO at trade body WindEurope, highlighting bids from onshore wind developers that ranged from €20/MWh to €28.89/MWh. The European wind industry continues to reduce costs through innovation, scale and learning effects.

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Wind power Plastics Hydrogen Packaging 93

Business Green

NOVEMBER 24, 2022

People across the UK and Europe are increasingly worried about climate change and energy security," he said. "We The deal was welcomed by Matt Brittin, president of Google EMEA. We share that concern and believe technology is an important part of the solution - both by reducing our own emissions, and by helping others to reduce their own.

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Wind power Carbon-neutral Europe Carbon 36

Smart Energy International

MARCH 19, 2024

billion) of further, direct investment into electricity networks to facilitate the connection of clean assets and renewable energy sources. National Grid forecasts a 64% growth in power demand to 2035, the UK’s target for net zero. National Grid ESO has released a network upgrade plan, calling for £58 billion ($73.6

Wind power 69

Wind power Nuclear Power Investment Government 69

Business Green

AUGUST 2, 2022

For many years energy security was an issue resolved by complex, continent-wide gas pipelines which stretched from Russia into the heart of Europe. We now know this reliance on Russian gas didn't strengthen Europe's energy security - in fact it weakened it. This additional capacity could be available within eight years.

Investment 36

Investment Energy Energy Wind power 36

Business Green

JUNE 16, 2021

Green banking giant announces UK energy storage acquisition and plans for Scottish offshore wind bid. Green Investment Group (GIG) has this week announced two major new moves to bolster its position in both the energy storage and offshore wind markets.

Investment 63

Investment Energy Energy Batteries 63

Business Green

MARCH 29, 2023

The sweeping plan features a raft of new policies and spending commitments designed to mobilise multibillion pound investment in new carbon capture and storage (CCS), hydrogen, renewables, nuclear, and energy efficiency projects, among other areas.

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Government Investment Packaging Policy 68

GreenTechMedia

NOVEMBER 10, 2020

It is hoped the site will be operational by 2024 with a final investment decision in 2022. Ørsted has caveated its hydrogen project announcements by highlighting that it requires public funding for the investments make sense. The project is BP’s first full-scale commercial hydrogen venture. The German utilities E.ON

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Hydrogen Carbon-neutral Natural gas Fossil fuels 246

GreenTechMedia

JANUARY 18, 2021

Two developers are set to duke it out over a 24-mile stretch of water that is key to Spain becoming Europe’s leading pumped hydro market. Pumped hydro in Europe. The developers, Ingenieria Pontificia and Romero Polo Group, have put forward plans for pumped hydro facilities at opposite ends of the same reservoir.

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Hydropower Europe Electricity Wind power 130

Hydrogen Fuel News

MARCH 19, 2024

  Indeed, plans within the country are so far advanced that Germany is set to become the biggest importer of hydrogen in Europe and the third biggest in the world, behind global leaders China and Japan.    This investment means that Germany is set to boast more hydrogen valleys than any other country in the world by 2033.

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Hydrogen Transportation Government Investment 97

GreenTechMedia

NOVEMBER 9, 2020

Europe is still plotting the course towards being net-zero by 2050, but no matter the shape it takes, it will surely involve hundreds of gigawatts of new renewable power capacity. In 2014, EMEA, dominated by Europe, represented 44 percent of global energy storage deployment. In the U.S.,

Solar Energy Monitor 178

Solar Energy Monitor Energy Monitor Energy Energy 178

Business Green

JULY 4, 2022

It is expected that the areas could deliver up to 4GW of floating offshore wind power capacity by 2035, delivering enough power for around four million homes and marking the first step in a development programme that could see 20GW of wind capacity harnessed from the Celtic Sea by 2045.

Wind power 69

Wind power Fossil fuels Europe Technology 69

Smart Energy International

OCTOBER 13, 2023

For example, in windy weather, the prices of renewable energy are low, and therefore, its financial benefit remains low, i.e., wind power becomes a less lucrative investment option. The funding round was led by Finnish investment company Innovestor Tech Fund, with Inventure also participating.

Energy 119

Energy Energy Startups Hydrogen 119

Smart Energy International

FEBRUARY 6, 2024

share in energRe Giga Projects with a $400 million investment over the next three years. The deal, which sees the Group expand its geographical scope, forms part of its growth strategy focussed on that country as well as Europe as it seeks to become an international energy company. Elia Group is acquiring a 35.1%

Energy 59

Energy Energy Investment Europe 59

Business Green

MARCH 25, 2020

Demand for renewable energy backed by verified certificates of origin grew across Europe last year, outpacing the growth in supply, the latest data from the Association of Issuing Bodies (AIB) today indicates. per cent in 2019. per cent, according to AIB. If the current development extends into 2020, the market will experience a rebalancing.

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Demand Europe Business Energy Monitoring Energy Monitor 46

Business Green

JANUARY 20, 2021

Offshore wind giant confirms final investment decision for trailblazing H2RES project, as it looks to deliver first green hydrogen in late 2021.

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Hydrogen Wind power Transportation Fossil fuels 99