Biggest solar park in UK to be built in North Wales

10/10/2013 11:42 Renewable

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The Compton Group, a green energy developer is aiming to build the UK’s largest solar park in North Wales. The project is likely to see something like 180,000 panels erected over 220 acres on land near Deeside Industrial Park and would create enough green electricity from the sun to power about 11,000 households. The development could create more than 100 jobs during the construction phase and a small number of positions once ready.

Last year the government has announced the new goal regarding solar power, where nearly 4 million British homes across the UK should be powered by the sun within 2020. Meanwhile, George Eustice, the new environment minister, suggested subsidies for wind and solar power are "still too high”. Eustice said his declarations referred to the government's wish to move eventually to an auction system for renewable subsidies.

Daily (01.03.2021): Oil prices fell on Friday amid strong U.S. dollar, concerns of stronger supply, but notched weekly gains

01/03/2021 11:10:00

Oil prices fell on Friday amid a stronger U.S. dollar and concerns that crude oil supply would rise in response to prices rebounding above pre-pandemic levels. Hence, Brent crude declined by 75 cents, or 1.1%, to settle at $66.13 a barrel. Meanwhile, U.S. WTI crude settled $2.03, or 3.2%, lower at $61.50 per barrel. However, on a weekly basis, Brent surged by 5.1%, while WTI soared by 3.8% and both hiked by 20% in February on supply disruptions in the United States and optimism over demand recovery on the back of COVID-19 vaccination rollout.

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Germany receives 200 hydrogen project applications in IPCEI call

01/03/2021 08:39:00

Germany's energy ministry has received around 200 hydrogen project proposals seeking funding under the Important Projects of Common European Interest (IPCEI) program, it said Feb. 25.

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Netherlands built Europe’s biggest wind capacity in 2020

01/03/2021 08:32:00

The Netherlands has topped the list of countries with the highest wind capacity installed in 2020.

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