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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.
read more... 19/12/2024
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UK's National Grid to invest up to $44 bln in transmission business
Britain's National Grid said on Wednesday it would invest up to 35 billion pounds ($44.45 billion) over the five years to March 2031 as per its business plan for its transmission business.
read more... 19/12/2024
EU greenlights EUR-9.7bn Italian state aid scheme for renewables
The European Commission (EC) on Tuesday said it has given the green light for a EUR-9.7-billion (USD 10.2bn) Italian state aid scheme to support an expected 17.65 GW of new renewable electricity capacity.
read more... 19/12/2024
Daily (18.12.2024): Oil prices dropped by about 1% on Tuesday amid ceasefire hopes and weaker economic data
Oil prices declined by about 1% on Tuesday, with Brent crude dropping to $73.19 per barrel and WTI crude at $70.08 per barrel, driven by the potential for a ceasefire in the Gaza Strip, along with weaker Chinese economic data and ongoing concerns about a possible market surplus.
read more... 18/12/2024
Spanish region approves mandatory wind turbine upgrade, sparking industry outcry
Wind parks operating in the Spanish region of Galicia will be obliged to replace ageing turbines after 25 years under a package of measures approved by the regional parliament on Tuesday, sparking an outcry from the renewables industry.
read more... 18/12/2024