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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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Honda and Sony finalize 50-50 joint venture to build EVs in 2025

Honda Motor and Japanese electronics giant Sony have inked an agreement to set up a “high-value-added” electric vehicle joint venture this year under the name Sony Honda Mobility that will deliver a “new generation of mobility and services.”

read more... 17/06/2022

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EC grants approval for Iberian gas price cap

The European Commission gave its final approval to a temporary Spanish and Portuguese cap on gas prices for power generation, it said on Wednesday.

read more... 10/06/2022

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Statkraft plans large expansion of western Norway hydropower plant

Norway's largest power producer Statkraft is seeking to expand the capacity of its Mauranger hydropower plant in western Norway by 630 megawatt in a bid to increase flexible power generation, it said late on Tuesday.

read more... 09/06/2022

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Finland needs to build more power capacity

Finland needs to build more power generation and continue nuclear investment following the loss of Russian energy imports, said the head of the Finnish Energy Industries Association.

read more... 26/05/2022

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