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Funding issue may blow Italy’s offshore wind plans off course

“Offshore plants risk not being built” unless incentives recently outlined by the government were raised, said Simone Togni, president of wind association ANEV.

read more... 04/04/2024

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EU approves €1 billion to fund Greece's renewable initiatives

The European Union has approved €1 billion in support for two renewable energy production and storage projects in Greece, the EU Commission announced on Tuesday.

read more... 03/04/2024

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Ofgem greenlights £3.4bn for Scotland-Yorkshire electricity superhighway

A proposed 500 kilometre electricity superhighway between Scotland and Yorkshire has received provisional £3.4 billion funding, aiming to power up to two million homes

read more... 28/03/2024

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Major nuclear projects will have to wait longer for delayed EIB financing

The European Investment Bank (EIB) dealt a major blow to the nuclear industry at last week’s International Nuclear Energy Summit in Brussels, when it dithered over the industry’s request for more funding for nuclear projects, but confirmed that investment in renewable energy will remain a priority until 2030.

read more... 26/03/2024

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German wind power sector welcomes government offshore terminal funding

The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.

read more... 25/03/2024

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