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China greentech company Envision to build EV battery plant in Spain
Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including a battery plant for electric cars, with 3.8 billion euros ($3.9 billion) in total investment, partly funded by European Union aid.
read more... 21/07/2022
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EU Parliament to vote on 'green' gas and nuclear rules
The European Parliament will decide on Wednesday whether to block or accept an EU law labelling investments in gas and nuclear power plants as climate-friendly, which has exposed deep rifts between countries over how to fight climate change.
read more... 06/07/2022
Finland plans nuclear, hydrogen and green boost
Finland is planning to promote investment in nuclear energy, along with embracing hydrogen and boosting renewables output as part of a new energy and climate strategy, said economy minister Mika Lintila on Wednesday.
read more... 30/06/2022
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RWE to rethink UK investments if it proceeds with tax on power firms
German utility RWE AG's head has warned that a windfall tax on electricity generators in Britain would make it and other power firms reconsider their investment decisions in the country, the Financial Times reported on Sunday.
read more... 28/06/2022
Europe’s electricity industry calls for €400bn investment in distribution grids
Jean-Bernard Lévy, the chairman and CEO of French utility EDF and current president of power industry association Eurelectric, has urged EU countries to invest in distribution grids in order to sustain Europe’s move towards climate neutrality.
read more... 22/06/2022