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Germany to earmark 4 bln euros annually for power subsidy - economy minister
Germany plans to earmark around 4 billion euros ($4.40 billion) annually to subsidize electricity prices for energy-intensive industries, to support an industrial move away from fossil fuels and discourage firms from moving offshore.
read more... 23/05/2023
UK, Netherlands plan cross-border power link to boost energy security
The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security.
read more... 24/04/2023
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Germany expands energy grid for offshore wind farms in North Sea
A 7 billion euro deal to connect offshore wind farms in the North Sea to the German energy grid has been signed by Siemens Energy and Spain's Dragados Offshore, the two companies announced.
read more... 21/04/2023
Orsted and Acciona team up to make floating wind more affordable
Danish energy firm Orsted and Spanish engineering group Acciona will team up to develop new foundations for floating offshore wind turbines that cut costs and reduce carbon footprints, the two companies said on Wednesday.
read more... 19/04/2023
G7 countries set targets for solar and wind capacity
Governments of G7 nations have pledged to collectively increase offshore wind capacity by 150GW and solar to more than 1TW by 2030.
read more... 18/04/2023