Latest news
Volvo cars to build $1.25 bln electric-only plant in Slovakia
The new plant, Volvo Cars' third in Europe, will build electric vehicles (EV) only, in line with the company's ambition to produce EVs exclusively by the end of this decade.
read more... 04/07/2022
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Germany sticks to 2030 coal exit target despite energy crisis
Germany said Monday it still aimed to close its coal power plants by 2030 despite reverting to the fossil fuel following an energy crisis provoked by Russia's invasion of Ukraine.
read more... 21/06/2022
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Sweden's H2 Green Steel signs 14-TWh PPA to power planned electrolyzer
H2 Green Steel has signed a 14-TWh power purchase agreement with Norway's Statkraft for its planned low-carbon steel production plant in Northern Sweden, the companies said in a statement June 8.
read more... 09/06/2022
Statkraft plans large expansion of western Norway hydropower plant
Norway's largest power producer Statkraft is seeking to expand the capacity of its Mauranger hydropower plant in western Norway by 630 megawatt in a bid to increase flexible power generation, it said late on Tuesday.
read more... 09/06/2022
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RWE buys 1.4-GW Dutch Magnum gas-fired power plant for Eur500 million
German utility RWE has bought the 1.4-GW Magnum power station in Groningen, the Netherlands from Sweden's Vattenfall for Eur500 million ($534 million), the utilities said June 2.
read more... 03/06/2022