Latest news

Norway: Statnett obtains 0.3 bln euro loan from EIB for electricity cable to Germany

Norway's grid operator Statnett obtained a 300 million-euro ($336.33 million) loan from the European Investment Bank to finalize its electricity cable to Germany, according to the company on Friday.

read more... 02/06/2017

news

Nordex inks two power acquisition contracts in India

Nordex has inked electricity purchase agreements with the Indian state of Karnataka for two of the German wind turbine producer's parks, as told by its chief executive to shareholders at the group's annual general meeting on Tuesday.

read more... 31/05/2017

news

Germany and Austria power market split is set to start in October 2018

Electricity transmission companies from Germany and Austria will split their currently joined power markets from Oct. 1, 2018, aiming to allow more traffic at reduced costs and less technical risks, as stated by regulators in both countries on Monday.

read more... 16/05/2017

news

Innogy energy group signals more costs reductions at its unit in the UK

Innogy, the biggest energy group in Germany, is losing customers in the UK and warned of more cost cuts at a business which is not likely to make a profit in 2017 because of increasing competition.

read more... 12/05/2017

news

LitPol power link to be employed for electricity trade with Sweden

The LitPol Link electricity interconnection between Poland and Lithuania will be ready to be used for electricity trade between Sweden and Lithuania starting from July 2017.

read more... 19/04/2017

news