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Bavarian minister calls for EUR 100bn renewables spending in Germany
Germany should inject EUR 100 billion (USD 109.3bn) to accelerate the expansion of green power in order to ensure its energy independence, according to Bavaria's energy minister Hubert Aiwanger.
read more... 08/03/2022
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Ukraine crisis: Vestas plans to halt four wind projects in Russia
Danish turbine manufacturer Vestas plans to stop four Russian wind projects in response to the country’s invasion of Ukraine, Danish newspaper Ekstra-Bladet reported citing company spokesperson.
read more... 08/03/2022
Germany signs initial contract to build first LNG terminal
The German state bank KfW and the Dutch utility Gasunie have signed a memorandum of understanding (MoU) on the construction of the first LNG terminal in Brunsbüttel, Germany.
read more... 07/03/2022
VW picks Wolfsburg for $2.2B EV plant to keep up with Tesla
Volkswagen Group has chosen its headquarters, the central German city of Wolfsburg, as the location for its new factory to buld the Trinity electric flagship sedan for the VW brand.
read more... 07/03/2022
Germany to spend $220 billion for industrial transformation by 2026
Germany has earmarked 200 billion euros ($220 billion) to fund industrial transformation between now and 2026, including climate protection, hydrogen technology and expansion of the electric vehicle charging network, its finance minister said.
read more... 07/03/2022