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EU backs renewables and power network upgrades in Romania with €120m loan

The European Investment Bank (EIB) is supporting the deployment of renewable energy and advanced meters as well as the upgrade of electricity distribution networks in Romania with a €120 million (£103m) loan.

read more... 16/07/2021

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Planned revision of EU renewables law opens door to geothermal

A leak of the planned revision for Europe’s key renewable energy legislation bodes well for geothermal energy, but it still does not go far enough to support a full rollout of the technology, according to the industry.

read more... 31/05/2021

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EU should aim for 45% renewable energy and 870GW of installed solar by 2030

Trade association SolarPower Europe (SPE) has called on the European Union to increase the share of renewables in final energy demand to at least 45% by 2030, a move it says would put the bloc on track to deliver on the 1.5° Paris Agreement scenario.

read more... 27/05/2021

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Gazprom shrugs off renewables with prediction of rising gas demand

Russian gas giant Gazprom expects demand for natural gas to grow in the coming decades and for it to play a bigger role in energy consumption than renewable sources and hydrogen, a company official said on Tuesday.

read more... 19/05/2021

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Octopus and Zestec to invest £100m in solar assets

Octopus Renewables has joined forces with Zestec Asset Management to deliver a target investment of more than £100 million into new-build solar assets in the UK.

read more... 17/05/2021

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