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EU Parliament to vote on 'green' gas and nuclear rules

The European Parliament will decide on Wednesday whether to block or accept an EU law labelling investments in gas and nuclear power plants as climate-friendly, which has exposed deep rifts between countries over how to fight climate change.

read more... 06/07/2022

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Volvo cars to build $1.25 bln electric-only plant in Slovakia

The new plant, Volvo Cars' third in Europe, will build electric vehicles (EV) only, in line with the company's ambition to produce EVs exclusively by the end of this decade.

read more... 04/07/2022

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Germany sticks to 2030 coal exit target despite energy crisis

Germany said Monday it still aimed to close its coal power plants by 2030 despite reverting to the fossil fuel following an energy crisis provoked by Russia's invasion of Ukraine.

read more... 21/06/2022

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Sweden's H2 Green Steel signs 14-TWh PPA to power planned electrolyzer

H2 Green Steel has signed a 14-TWh power purchase agreement with Norway's Statkraft for its planned low-carbon steel production plant in Northern Sweden, the companies said in a statement June 8.

read more... 09/06/2022

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Statkraft plans large expansion of western Norway hydropower plant

Norway's largest power producer Statkraft is seeking to expand the capacity of its Mauranger hydropower plant in western Norway by 630 megawatt in a bid to increase flexible power generation, it said late on Tuesday.

read more... 09/06/2022

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