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Serbia to construct pumped storage hydropower plants Derdap 3, Bistrica
The Ministry of Mining and Energy will present a EUR 17 billion investment plan in September. Investments in new power plants include the construction of pumped storage hydropower plants Đerdap 3 and Bistrica. According to Professor Nikola Rajaković, the two systems could play a major role in Serbia’s energy transition by facilitating the integration of solar power plants and wind farms.
read more... 24/08/2021
TotalEnergies to prioritize low carbon intensity in new upstream investments
France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29.
read more... 30/07/2021
Norway to spend $1.2 bln on renewable projects in developing nations
Norway will allocate 10 billion crowns ($1.16 billion) over five years towards renewable energy investments in developing countries to cut greenhouse gas emissions, the government said on Wednesday, and urged private investors to work with it.
read more... 08/07/2021
Spain earmark 1.3 bln euros in aid to renewable power generation for private consumption
The Spanish government approved a 1.3 billion euro ($1.55 billion) plan to finance investments in renewable power generation for private consumption with the rescue funds to be disbursed by the European Union, spokesperson Maria Jesus Montero said on Tuesday.
read more... 30/06/2021
Italy aims to generate over $1.2B in investments for gigafactory
Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric-car battery factory with automaker Stellantis expected to play a leading role, three government sources told Reuters.
read more... 11/06/2021