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EBRD extends renewable energy programme for Kazakhstan

The EBRD is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s Kazakhstan Renewables Framework of up to €300 million, the Bank reported.

read more... 16/09/2019


SSE to sell energy services unit to OVO Energy in 500 million pound deal

SSE Plc (SSE.L), one of Britain’s big six energy suppliers, said it had agreed to sell its energy services unit to OVO Group for 500 million pounds ($617.6 million), including debt, as it looks to focus on renewable energy and electricity networks.

read more... 13/09/2019


Renewables cover record 44% of Northern Ireland's power demand in 12 months

Renewable energy sources in Northern Ireland met 44% of the country’s total power consumption in the 12 months to June 2019, setting an all-time record, new statistics show.

read more... 09/09/2019


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


German renewables levy to rise slightly in 2020 and peak the year after – think tank

Germany's renewables levy, the EEG surcharge, is expected to rise slightly from 6.41 cents per kilowatt-hour (kWh) this year to between 6.5 and 6.7 in 2020, according to calculations by think tank Agora Energiewende*. The main reasons for the expected rise are increasing wind power capacity and a declining balance in Germany’s “green energy account”, writes Agora Energiewende.

read more... 22/08/2019