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Dec 20, 2024

The EU allocates an additional 2.7 billion euros for renewable energy initiatives.

On Thursday, the European Commission announced that it has allocated 2.7 billion euros (approximately 2.8 billion dollars) from the EU's Modernisation Fund to support 39 clean energy projects across eight member states. Slovenia joined as a beneficiary in 2024.These projects aim to assist lower-income EU countries in strengthening their c...

Dec 20, 2024

The EU is reviewing Poland's financial support for its nuclear power plant.

The European Commission has initiated an inquiry to determine if the proposed public funding for Poland's inaugural nuclear power plant aligns with EU regulations regarding state aid.In November 2022, the Polish government, at that time, opted for Westinghouse AP1000 reactor technology to be constructed at the Lubiatowo-Kopalino site in t...

Dec 20, 2024

A joint venture is being established for the commercialization of Newcleo SMR.

An innovative reactor developer based in France, Newcleo, is set to establish a joint venture with Italy's NextChem to create a new generation commercial power plant utilizing Newcleo's LFR-AS-200 small modular lead-cooled fast reactor.As per the agreement made with NextChem's parent company, the Italian technology and engineering group M...

Dec 20, 2024

Romania signs $2 billion deal to extend life of its first nuclear reactor

Romanian state-owned nuclear power producer Nuclearelectrica has signed the main engineering contract to extend the life of its first reactor at a cost of about 1.9 billion euros ($1.98 billion), it said on Thursday.The deal is with a consortium of four companies, comprising Canada's AtkinsRealis , the Canadian Commercial Cor...

Dec 20, 2024

Spain's electricity demand edges up as renewables break records

The amount of electricity used in Spain has inched up this year after falling for two consecutive years, with a record 56% coming from renewable sources such as wind and solar, according to estimates on Thursday from grid operator Red Electrica.Flagging electricity demand has been a key concern for Spain's renewables industry, whi...

Dec 20, 2024

EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus

The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.As informed, Germany and the Netherlands intend to introduce a €3 billion scheme to cost-efficient...

Dec 20, 2024

The EU and Zelensky have a conversation about the transit of natural gas through Ukraine.

Leaders of the European Union are in discussions with Ukrainian President Volodymyr Zelensky regarding the transit of Russian natural gas to the EU through Ukraine, as the current transit agreement is set to expire on December 31.The meeting between the EU leaders and Zelensky is taking place in Brussels to explore alternatives for Russia...

Dec 20, 2024

European Energy wins awards for 52 MW in German wind tender

The German arm of Danish renewables company European Energy A/S said on Wednesday that it has secured contracts for two projects with a combined capacity of 52 MW in Germany’s latest onshore wind tender.The successful projects, Zeitz and Drei Huegel, are located in the Burgenland district of Saxony-Anhalt.The Zeitz pr...

Dec 19, 2024

European Energy sells 115MW of solar power in the UK.

European Energy has sold off three solar projects in the UK, collectively boasting a capacity exceeding 115MW.The sale, which involves an undisclosed buyer, includes the Marksbury Plain, Kincraig, and Vicarage Drove solar projects.The Marksbury Plain project, situated near Bath in Somerset, is designed to supply solar energy to ...

Dec 19, 2024

Qair obtains approval for a 50MW solar project in the UK.

Qair has obtained planning authorization for a 50MW solar project in Buckinghamshire, UK.The Straws Hadley Solar Farm, located in Aylesbury, had its application supported by TEP, which was submitted to Buckinghamshire Council.Spanning approximately 56 hectares, the solar farm initiative will also incorporate biodiversity net gai...

Dec 19, 2024

Vestas secures a 224MW contract in Sweden.

Vestas has secured an order for 224MW of Enventus turbines from Vinliden Vindkraft for two wind projects in Sweden.The turbines are designated for the 70MW Vinliden project and the 154MW Fjallberg project, both of which are joint ventures of funds managed by Prime Capital and Polhem Infra, a renewables and infrastructure investor in the N...

Dec 19, 2024

The results of the Romanian wind tender have been announced.

Qair, Rezolv Energy, and Eurowind Energy have obtained contracts for difference (CfD) in Romania's latest renewables auction.The auction granted 15-year support contracts for 1096MW of wind energy and 432MW of solar projects.The ten wind projects achieved an estimated weighted average price of €65 per megawatt-hour, while the el...

Dec 19, 2024

OX2 secures Swedish wind energy project

OX2 has purchased the Bursjöliden wind farm located in northern Sweden from RWE.The project is situated in the Ornskoldsvik municipality within the price area SE2.It will consist of 11 wind turbines and is expected to generate approximately 200GWh of electricity annually.The environmental permit is approved, and the pe...

Dec 19, 2024

VSB commissions 148 megawatts of wind power in Finland.

VSB Group has launched the 148MW Karahka wind farm located in Northern Ostrobothnia, Finland.The facility, which is owned by the Finnish utility company Helen and the Bank of Aland Wind Power Special Investment Fund, features 25 wind turbines spread over an area of about 2300 hectares.For the construction of the wind farm, VSB, ...

Dec 19, 2024

Thrive wins Scottish wind project

Thrive Renewables has secured the rights to develop the 57MW Whitelaw Brae wind farm project located in the Scottish Borders close to Tweedsmuir.This agreement represents the company’s largest venture so far and is a significant advancement in its goal to double its generation capacity over the next five years.It is the second i...

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