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EU chief announces electricity market overhaul amid ‘skyrocketing’ prices

In an about-turn, the President of the European Commission, Ursula von der Leyen, acknowledged that the EU’s electricity market “does not work anymore” and needs to be adapted to the “new realities of dominant renewables”.

read more... 13/06/2022

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Germany to introduce bill to accelerate wind energy expansion

Germany's economy and climate ministry will present a package of measures to speed up the expansion of wind energy, documents reviewed by Reuters showed on Wednesday, as the country turns to renewables to cut its use of Russian fossil fuels.

read more... 08/06/2022

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BayWa r.e. plans tender for 10 TWh of renewable power in Europe

Renewables developer and power producer BayWa r.e. AG said today it intends to issue a tender for corporate power purchase agreements (CPPA) in the autumn of 2022.

read more... 09/05/2022

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Portuguese-Danish-Dutch consortium plans $1.1 bln hydrogen plant in Sines

Portuguese project developer Madoqua Renewables, Danish fund manager Copenhagen Infrastructure Partners (CIP) and Dutch firm Power2X announced plans on Thursday to invest 1 billion euros ($1.09 billion) in a green hydrogen plant in Portugal.

read more... 22/04/2022

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RWE to pour EUR 1.5bn in Ireland's renewables by 2030

Germany’s RWE Renewables is set to invest up to EUR 1.5 billion (USD 1.62bn) gross in green power projects in Ireland by 2030, as part of a global EUR-50-billion investment plan.

read more... 19/04/2022

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