Latest news
Germany: Merkur offshore wind project secures EUR 1.6bn from investors and banks
A consortium led by DEME Concessions Wind, which includes five sponsors has provided nearly EUR 500 million in equity to develop the 396-MW Merkur offshore wind project in the German North Sea.
read more... 16/08/2016
Egypt: Three combined-cycle power plants built by Siemens to become operational in December
Power plants built by Germany’s Siemens in Egypt are expected to enter into operation in December this year and will attain the full capacity of 14,400 megawatts in May 2018, according to Egypt’s cabinet.
read more... 09/08/2016
Iran and Germany ink first petrochemical agreement after sanctions
A first petrochemical cooperation agreement in the post sanctions era between Iran and Germany was inked by Iranian Kian Petrochemical and German Linde Group on Tuesday, as stated by the Islamic Republic News Agency (IRNA).
read more... 04/08/2016
KfW: Germany establishes new solar storage record
With the most photovoltaic capacity of any country in Europe, Germany has succeeded to store its excess solar power to bolster local usage.
read more... 25/07/2016
Germany unveils shift from renewables subsidies to auctions
Germany’s parliament adopted on July 8 an amended Renewable Energy Sources Act (EEG 2016), which replaces feed-in tariffs with competitive auctions and caps wind energy deployment to allow for the grid development to catch up.
read more... 11/07/2016