The European Union plans to label some gas power plants as sustainable investments, a draft document seen by Reuters showed, after an initial proposal to deny them a green label faced a backlash from some member states.
read more... 23/03/2021
The European Commission has opened a formal antitrust investigation to assess possible abusive behaviour by Public Power Corporation (PPC) in the wholesale Greek electricity sector, examining whether Greece’s largest power producer and electricity supplier distorted competition and slowed down renewable energy investment, the EU’s anti-trust chief said on March 16.
read more... 17/03/2021
Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to massively scale up hydrogen production particularly acute, according to a study published on Tuesday.
read more... 16/03/2021
The bank will be able to deploy £12bn of equity and debt capital and issue up to £10bn of guarantees. It should support up to £40bn of total investment, Sunak said.
read more... 04/03/2021
Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros ($12 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said.
read more... 26/02/2021