Latest news
EU climate and infrastructure agency eyes end of fossil fuel projects
The director of CINEA, a recently established EU agency managing €55 billion in EU funding for clean energy and transport, has told EURACTIV about the challenge of ending fossil fuel projects entirely, saying coal and natural gas assets “are not simply going to go away” and need to be managed during the transition.
read more... 29/10/2021
Uniper targets green hydrogen production in UK
German energy firm Uniper and consortium partners have secured funding from the UK government to produce hydrogen at the port of Immingham by 2025.
read more... 17/09/2021
Exposing The Blue Hydrogen Lie
Recent reports suggest that oil companies in the U.K. have been exaggerating the costs of blue hydrogen projects, as well as the need for their development to decarbonize the industry, in order to gain additional funding for new hydrogen plants.
read more... 02/09/2021
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Elgin Energy agrees funding for 1.36 GWp of UK, Irish solar
UK solar and storage developer Elgin Energy will receive debt from German private bank Berenberg to finance the late-stage development of 1.36 GWp of solar projects in the UK and Ireland.
read more... 25/08/2021
Icelandic carbon capture plans receive EUR 3.9m EU funding
Icelandic companies Carbfix and ON Power, subsidiaries of Reykjavik Energy, have received funding from the European Union’s Innovation Fund for the Silfurberg project. The grant is one of the highest that has been granted for a climate project in Iceland and amounts to about EUR 3.9 million (approx. ISK 600 million). This is the first time that an Icelandic project has been funded by the fund.
read more... 17/08/2021