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EU to offer gas plants a green finance label under certain conditions

The European Union plans to label some gas power plants as sustainable investments, a draft document seen by Reuters showed, after an initial proposal to deny them a green label faced a backlash from some member states.

read more... 23/03/2021

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Volkswagen, Iberdrola, Enel, BP to install EV recharging stations, battery plants in Europe

Volkswagen has set up a strategic alliance with Iberdrola to expand electrification in Spain, in addition to tie-ups with Italian utility Enel and U.K. energy group BP in Europe, as well as other partners such as Ionity and Aral.

read more... 17/03/2021

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Renewables bring 47% of Germany's power in 2020

Germany’s renewable power plants accounted for 47% of Germany’s overall power generation mix in 2020, up from 42.3% a year back, new statistics show.

read more... 08/03/2021

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Brussels opens in-depth investigation into Germany’s coal phase-out plan

The German Bundestag sealed an agreement in June last year to compensate RWE and LEAG with €4.35 billion for closing the country’s last remaining coal plants and mining operations by 2038.

read more... 03/03/2021

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Israel to link Leviathan gas field to Egypt LNG plants

The Israeli and Egyptian energy ministers have agreed to build a pipeline to connect Israel’s offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.

read more... 22/02/2021

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