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Germany inaugurates first new LNG terminal

The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first regasification ship set to dock in mid-December.

read more... 16/11/2022

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Germany to invest €550mn in global H2 projects

Germany will make €550mn ($572mn) available to help establish green hydrogen projects in developing countries through two new investment funds.

read more... 16/11/2022

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Germany's upper house clears state relief on gas prices

The German Parliament's upper house - Bundesrat - on Monday approved the federal government's plan to cover December's gas bill for households and certain businesses. The payment is intended to bridge the gap until the planned introduction of the gas price brake next March.

read more... 15/11/2022

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Commerzbank, Norsk Hydro to invest 600 mln euro into 1 GW of Danish solar

A joint venture of subsidiaries of Germany's Commerzbank and Norway's Norsk Hydro will invest 600 million euros ($599 million) to build 1 gigawatt (GW) of solar capacity in Denmark, project developer GreenGo said on Tuesday.

read more... 08/11/2022

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Germany could seize property to speed LNG build-out

Germany, racing to end its reliance on Russian gas, plans to introduce new regulation that will make it possible to expropriate property to link offshore liquid natural gas terminals to the grid, Handeslblatt reported.

read more... 02/11/2022

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