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Denmark, Germany open 400 MW power cable linking Baltic Sea wind farms

Germany and Denmark have officially opened the world's first hybrid wind interconnector in the Baltic Sea, grid operators 50Hertz and said Oct. 20

read more... 21/10/2020


Four Big Takeaways From the IEA’s World Energy Outlook

Once a year, the International Energy Agency attempts to impose some order on the chaotic world of oil, gas, power and carbon by publishing detailed scenarios on how the next few decades might unfold.

read more... 19/10/2020


Germany caps green power levy with $12.5 billion injection after record EEG deficit

Germany's annual green power premiums require a Eur10.8 billion ($12.5 billion) cash injection from the federal budget to cap the levy at Eur65/MWh, transmission system operators said Oct. 15.

read more... 16/10/2020


Swiss-based MET Group acquires 42 MW wind park in Bulgaria

Switzerland-headquartered energy company MET Group said on Wednesday it acquired a 42 MW wind park in Bulgaria, near the town of Kavarna, from Enel Green Power, the renewable energy arm of Italy's Enel Group.

read more... 15/10/2020


Mitsui & Co to sell all stakes in coal-fired power plants by 2030: CEO

We still own stakes in coal-fired plants in Indonesia, China, Malaysia and Morocco, but our goal is to make it zero by 2030," Mitsui CEO Tatsuo Yasunaga said in an interview on Friday

read more... 12/10/2020