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Brussels clears French ‘green’ state aid worth over €8 billion in just one month

According to EU figures released this week, the European Commission has approved more than €8 billion in French state aid to decarbonise industry and develop renewable energies in just one month.

read more... 12/01/2024

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Renewable energy growth must accelerate to reach 2030 goal

Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then agreed at United Nations' climate talks, the International Energy Agency (IEA) said.

read more... 11/01/2024

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EC clears EUR-2.9bn French tax credit scheme for green industries

The European Commission (EC) on Monday approved, under state aid rules, a EUR-2.9-billion (USD 3.17bn) French tax credit scheme to support the production of solar panels, batteries, wind turbines and heat pumps, as well as associated key components and critical raw materials.

read more... 10/01/2024

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Norway's Statkraft to invest up to $6.6 bln in hydro, wind power

Norway's state-owned renewable power producer Statkraft on Monday said it plans to invest up to 6 billion euros ($6.56 billion) to upgrade its domestic hydro and wind power facilities and to build new onshore wind farms.

read more... 09/01/2024

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Italy weighs $1B package to boost EV sales

The plan would support low-income families and the purchase of cars made in Italy.

read more... 04/01/2024

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