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Ukraine, Moldova, Slovakia join ‘Vertical Corridor’ European gas transportation scheme

Ukraine, Moldova and Slovakia on Friday (19 January) joined an initiative for a planned corridor to carry natural gas between Greece and countries to its north as Europe steps up efforts to diversify supply and boost energy security.

read more... 22/01/2024

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Brussels clears French ‘green’ state aid worth over €8 billion in just one month

According to EU figures released this week, the European Commission has approved more than €8 billion in French state aid to decarbonise industry and develop renewable energies in just one month.

read more... 12/01/2024

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Renewable energy growth must accelerate to reach 2030 goal

Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then agreed at United Nations' climate talks, the International Energy Agency (IEA) said.

read more... 11/01/2024

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EC clears EUR-2.9bn French tax credit scheme for green industries

The European Commission (EC) on Monday approved, under state aid rules, a EUR-2.9-billion (USD 3.17bn) French tax credit scheme to support the production of solar panels, batteries, wind turbines and heat pumps, as well as associated key components and critical raw materials.

read more... 10/01/2024

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Austria boasts Europe’s second-greenest power sector in 2023

Austria generated 87% of its power from renewable sources in 2023 following record years of solar panel expansion, putting it behind Luxembourg in the EU rankings.

read more... 08/01/2024

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