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Volkswagen boosts electric car investment in Spain to 10 bln euros

German carmaker Volkswagen AG and partners will invest 10 billion euros ($10.6 billion) to make electric vehicles and batteries in Spain, its chief executive said on Thursday, 3 billion euros more than it had previously committed.

read more... 06/05/2022

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RWE to pour EUR 1.5bn in Ireland's renewables by 2030

Germany’s RWE Renewables is set to invest up to EUR 1.5 billion (USD 1.62bn) gross in green power projects in Ireland by 2030, as part of a global EUR-50-billion investment plan.

read more... 19/04/2022

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Southeast Europe can wean itself off Russian gas

Romania and Bulgaria, southeastern Europe’s largest energy consumers after Greece, plan to cut their reliance on Russian gas by 2024, but Moscow's presence in the region could slow down developments for investments, experts said.

read more... 06/04/2022

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EU leaders seek escape route from Russian fossil fuels, weigh energy investment plan

European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday (10 March) and debate how quickly to ditch their key supplier, with countries split over whether to sanction oil and gas imports as Moscow wages war in Ukraine.

read more... 11/03/2022

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50Hertz to invest €5.6bn in offshore grid connections

The electricity transmission system operator 50Hertz is to focus its investments on the grid connections of large offshore wind farms in the Baltic and North Seas.

read more... 03/03/2022

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