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China greentech company Envision to build EV battery plant in Spain
Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including a battery plant for electric cars, with 3.8 billion euros ($3.9 billion) in total investment, partly funded by European Union aid.
read more... 21/07/2022
EU launches 5.4-billion-euro hydrogen project with Alstom, Daimler, others
The European Commission on Friday approved a 5.4-billion-euro ($5.4 billion) hydrogen project jointly funded by 15 EU countries and 35 companies including Alstom and Daimler Truck, seeking to gain the edge in an innovative sector.
read more... 18/07/2022
EU countries consider options to avoid carbon market fundraising plan
European Union countries are considering alternatives to an EU plan to use a carbon market reserve to help finance their exit from Russian gas, as some fear the proposal would undermine the bloc's main climate change policy.
read more... 15/07/2022
EU invests €1.8bn in energy transition technologies
The EU today announced €1.8bn ($1.8bn) of funding for 17 large-scale renewable energy and decarbonisation projects — including hydrogen, renewable power generation and advanced biofuels projects.
read more... 13/07/2022
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UK's energy regulator proposes package to boost grid capacity
Britain's energy regulator proposed a spending package of 20.9 billion pounds ($25.48 billion) on Wednesday, including 2.7 billion pounds in upfront funding, as part of an initial five-year plan for sustainable and affordable regional energy grids.
read more... 29/06/2022