Latest news
China investing heavily in European wind
China’s investment in foreign wind-powered electricity markets has approached $7 billion in Europe alone as private and stated-owned Chinese companies move "aggressively" to capitalize on fast-growing renewable energy markets, according to a recent research brief published by the U.S.-based Institute for Energy Economics and Financial Analysis (IEEFA).
read more... 20/08/2018
Spain’s Balearia plans $70.2m LNG conversion investment
Spanish ferry operator Baleària plans to spend 60 million euros ($70.2 million) to covert five of its ferries to use liquefied natural gas (LNG) as fuel in the next two years.
read more... 01/08/2018
Germany buys 20% in transmission system operator to prevent Chinese investment
Germany’s state investment bank, KfW, is purchasing a 20% stake in one of the country largest transmission system operators in order to block a Chinese company from acquiring the company. The reasons given are national security concerns, Bloomberg reports.
read more... 30/07/2018
Iberdrola gets EU loan for 1.2 GW hydropower in Portugal
The European Investment Bank will provide a EUR 650m loan to Spanish utility Iberdrola to support a three-dam hydropower project in Portugal, totalling 1,158 MW in capacity that will be operational in 2023, according to a statement on Monday.
read more... 24/07/2018
GIG reaches financial close on 235MW Overturingen wind farm in Sweden
Green Investment Group (GIG) has reached a financial close on €270m of total funding for the 235MW Overturingen wind farm in Sweden to be developed alongside SCA Energy.
read more... 23/07/2018