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TenneT to invest up to €5bn a year

Dutch/German transmission system operator TenneT expects to increase its investment level to €4bn to €5bn annually in the coming years, as a result of the phase out of coal and nuclear power plants and the growth of offshore wind energy.

read more... 16/03/2020

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Nearly $640 bln coal investments undercut by cheap renewables - research

Nearly $640 billion of investment in coal power capacity worldwide is at risk because it is cheaper to generate electricity from new renewables, research by think tank Carbon Tracker Initiative showed on Thursday.

read more... 13/03/2020

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Dutch wind powers data centre

Global provider of data centre services QTS Realty Trust has signed agreements to purchase renewable energy to supply its newly acquired facility in Groningen, in the Netherlands.

read more... 12/03/2020

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Italy's Terna earmarks over EUR 7bn for grid upgrades

Italian grid operator Terna SpA has committed to spend EUR 7.3 billion (USD 8.27bn) to modernise and strengthen the country’s power network over the next five years in support of climate targets requiring higher volumes of green power.

read more... 12/03/2020

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Russia's Power of Siberia gas pipeline to stop for maintenance in March

The Power of Siberia gas pipeline will stop for a routine maintenance checkup in the second half of March, Interfax news agency reported on Tuesday, citing Russian gas giant Gazprom.

read more... 11/03/2020

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