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Snam eyes investments of 23 billion Euros to 2030 to speed green drive

Europe's biggest gas pipeline company Snam sees 23 billion euros ($26 billion) of investment opportunities over the next nine years as it boosts spending to get its network ready for hydrogen and the transition to cleaner energy sources.

read more... 30/11/2021

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UK keen to back African clean energy projects amid $13 bil investments: official

The UK is interested in supporting green hydrogen and renewables development in Africa amid an investment pipeline of over $13 billion in clean energy, a government official said Nov. 9, as the country halts overseas assistance for fossil fuels projects in the continent.

read more... 10/11/2021

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EU countries ramp up pressure to grant nuclear a ‘green’ investment label

A group of ten European countries have heaped pressure on the European Commission to grant nuclear energy a ‘green’ label under the EU’s sustainable finance taxonomy, which acts as a guide to climate-friendly investments.

read more... 29/10/2021

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Serbia to construct pumped storage hydropower plants Derdap 3, Bistrica

The Ministry of Mining and Energy will present a EUR 17 billion investment plan in September. Investments in new power plants include the construction of pumped storage hydropower plants Đerdap 3 and Bistrica. According to Professor Nikola Rajaković, the two systems could play a major role in Serbia’s energy transition by facilitating the integration of solar power plants and wind farms.

read more... 24/08/2021

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TotalEnergies to prioritize low carbon intensity in new upstream investments

France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29.

read more... 30/07/2021

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