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Norway's Statkraft to invest up to $6.6 bln in hydro, wind power

Norway's state-owned renewable power producer Statkraft on Monday said it plans to invest up to 6 billion euros ($6.56 billion) to upgrade its domestic hydro and wind power facilities and to build new onshore wind farms.

read more... 09/01/2024

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Romanian government approves offshore wind law for Black Sea power plants

On Thursday, the Romanian government approved a bill to make it easier to harness the Black Sea’s abundant offshore wind energy.

read more... 22/12/2023

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Germany's Sefe, Norway's Equinor strike $55 billion gas supply deal

German state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor that will cover one-third of the industrial gas needs of Europe's largest economy, the companies said on Tuesday.

read more... 20/12/2023

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UK commits £6bn for home and business energy efficiency

Around a million homes are set to receive a boost in energy efficiency, with targeted support for 200,000 low income households and an additional £1.5 billion allocated for the Boiler Upgrade Scheme

read more... 18/12/2023

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EU approves German state aid for closure of RWE power plants

 The European Commission on Monday said it had approved 2.6 billion euros ($2.8 billion) of state aid granted by Germany to energy company RWE to compensate for the early closure of lignite-fired power plants.

read more... 12/12/2023

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