EIB grants Welsh Water £250 million for green energy

10/07/2017 13:03 Renewable

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Welsh Water obtained a £250 million loan from the European Investment Bank for renewable energy. The loan is expected to help raise the percentage of power generated from green sources such as wind, sun, water and anaerobic digestion (AD) from 20% to 30% by next year.

Welsh Water’s main project is the conversion of Five Fords sewage system into an energy park, consolidating it with hydro and solar power and implementing UK’s first project to add biomethane gas into the national gas distribution network.


An additional AD plant is developed which will generate energy using the water treated on-site and deliver it to around 3,000 households.
 

The company's Commercial Director mentioned that the company's main objective is the provision of best affordable services, but to deliver this they must find the proper funding for their investment programmes, drive down their costs, and make the company more efficient.

 

France: EDF will protect its business position in energy sector investigation

21/09/2017 15:21:00

The French minister of environment Nicolas Hulot declared in July that about 17 reactors could be closed in France by the year 2025, as it tries to reduce the part of nuclear power in its electricity mix.

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CGN interested in Toshiba's NuGen (UK) stake

21/09/2017 13:48:00

China General Nuclear Power Corporation (CGN) is interested in an equity stake in the NuGen site at Moorside in Cumbria (UK).

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Swiss launched new flexible and customisable solar modules

21/09/2017 13:41:00

Switzerland has developed and launched a highly flexible, thin and light solar panel.

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