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EU offshore attracted a record investment of €18 billion in 2016

A record of €18.2 billion in new offshore wind farms in Europe was invested last year, out of total wind farm investments of €43 billion, according to data published by WindEurope.

read more... 09/05/2017

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Australia on its way to meet renewables target by 2020

Australia is more likely to reach its 2020 renewable energy target, due to unprecedented investment in wind and solar power, according to the Clean Energy Regulator.

read more... 04/05/2017

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Nuclear power investment of $80 bln per year required to meet climate change goals

The nuclear energy industry requires a yearly investment of $80 billion so as to meet climate change objectives, as stated by the director of the International Atomic Energy Agency (IAEA) on Friday.

read more... 28/04/2017

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Polish Energa is reviving a project to build a 1 GW coal-fired power plant with big bank backing

Many Western banks are divesting from the coal industry, nevertheless, Polish Energa fossil fuel project is funded through banks and the European Investment Bank. The main scope for Poland is to protect 80,000 jobs in national coal mines. Public opinion in the West is against the use of polluting fossil fuels. Pressure is high, like in December 2015 when Paris Agreement on climate change was promoted by U.N., society pledges to quit coal.

read more... 27/04/2017

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EDF EN gets into German market through Futuren wind park takeover

EDF EN is planning a 320 million euro ($350 million) purchase of Futuren, a French wind developer, from a group of investment funds in order to repower old wind parks and get into the German market, as stated on Tuesday by Antoine Cahuzac, the chief of EDF Energies Nouvelles (EN).

read more... 26/04/2017

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