Latest news
Thuga, CEE eye 500 MW of zero-subsidy solar in Germany
The renewables platform of the Thuga Group of municipal utilities and private equity group CEE have tied up to jointly build and operate about 500 MW of solar plants in Germany without using state subsidies.
read more... 29/08/2019
Ørsted selected to build 1.1GW offshore wind project in New Jersey
The New Jersey Board of Public Utilities (NJBPU) has selected Danish energy giant Ørsted as a preferred bidder for Ocean Wind, the first offshore wind project in the state with 1.1GW of capacity.
read more... 24/06/2019
Germany postpones decision on coal exit until February
Germany has postponed until February a decision on how fast Europe’s largest economy should phase out brown-coal-fired power plants and whether the government should compensate utilities as well as regions that could face job losses, a commission said.
read more... 27/11/2018
Sweden to reach renewables target 12 years early on wind surge
Swedish utilities and power generators have already installed so many wind turbines that the Nordic nation is on course to reach its 2030 renewable energy target late this year.
read more... 05/07/2018
Germany to compensate utilities for nuclear phaseout losses
The German cabinet has agreed to grant compensation of up to EUR1 billion (USD1.17 billion) to the utilities forced to shut down their nuclear power plants by the Energiewende, or energy transition, that the government of Chancellor Angela Merkel introduced in response to the Fukushima Daiichi nuclear power plant accident in Japan in March 2011. At that time, Germany was obtaining around a quarter of its electricity from 17 nuclear reactors operated by EnBW, EOn, RWE and Vattenfall.
read more... 28/05/2018