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Japan's JERA to buy Belgium's top offshore wind company for $1.7 bln

Japan's top utility JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals.

read more... 23/03/2023

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Vattenfall urges EU to make green power investments attractive

Swedish utility Vattenfall on Monday called on European Union lawmakers to make investments in low carbon electricity production and transport attractive, warning that putting limits on prices and profits could be toxic.

read more... 27/02/2023

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Finland approves operation of Loviisa nuclear plant to 2050

The Finnish government has approved utility Fortum’s application to extend the lifetime of its two reactors (1 GW) at the Loviisa nuclear plant to 2050, from 2027 and 2030, respectively, it said on Thursday.

read more... 17/02/2023

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Portugal to speed up first offshore wind auction amid strong investor interest

Portugal's first offshore wind power auction is drawing interest from large utility companies, especially those in northern Europe, the economy minister said on Friday, adding that the government would speed up the process aiming for a third quarter launch.

read more... 06/02/2023

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Iberdrola secures environmental permit for 1.2GW solar farm in Portugal

Spanish electric utility Iberdrola has secured environmental approvals for the 1.2GW Fernando Pessoa solar project in Portugal.

read more... 02/02/2023

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