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Portugal set to start up Europe's largest floating solar park
Two tugboats have moved a vast array of 12,000 solar panels, the size of four soccer pitches, to their mooring on Portugal's Alqueva reservoir in preparation to start up Europe's largest floating solar park in July.
read more... 11/05/2022
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BayWa re plans to issue 10TWh renewable energy tender in Europe
German renewable energy company BayWa re plans to issue a tender for 10TWh worth of corporate power purchase agreements (PPAs) over ten years later this year.
read more... 11/05/2022
Daily (10.05.2022): Oil prices slumped by about 6% on Monday amid flagging demand due to Covid lockdown in China
Oil prices dropped sharply on Monday as the ongoing coronavirus lockdowns in China increased concerns about the demand outlook. Hence, Brent crude fell by $6.45, or 5.7%, to settle at $105.94 a barrel. U.S. WTI crude slumped by $6.68, or 6.1%, to settle at $103.09 a barrel.
read more... 10/05/2022
EU plans one-year renewable energy permits for faster green shift
The European Union executive wants to speed up the bloc's green transition and cut its reliance on Russian fuels by allowing some renewable energy projects to receive permits within a year, a draft document shows.
read more... 10/05/2022
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Spain, Portugal to approve gas price cap on Tuesday
The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.
read more... 10/05/2022