The European Commission (EC) has granted approval to Italy and Hungary for their respective renewable energy aid schemes, signaling a significant step in advancing clean energy…
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The Offshore Wind Port Alliance, comprising six prominent wind ports in Europe, has issued a resolution urging stronger political commitment and increased support for the offshore…
Brazil has officially signed an agreement to triple global renewable energy capacity by 2030 and transition away from coal, according to the country’s Foreign Ministry. The…
Raiffeisen Bank International has closed a €60 million financing deal with Econergy to support its ambitious 155MW solar project in Romania. The Ratesti project, a joint…
The European Commission has inaugurated the inaugural auction under the European Hydrogen Bank, earmarking EUR 800 million (USD 873 million) in financial backing for the production…
Energinet, the Danish power and gas grid operator, and Gasunie, the German subsidiary of the Dutch gas grid operator, have formalized a cooperation agreement to jointly…
The European Commission has unveiled the Innovation Fund for 2023, earmarking €4 billion to advance decarbonisation technologies. With a focus on cleantech manufacturing, including renewable energy,…
In response to evolving financial dynamics, Neil Kermode, Managing Director of EMEC, emphasized the necessity of the restructuring initiative. The not-for-profit Research and Development (R&D) organization…
European Energy has successfully concluded the divestment of two solar farm projects in Sicily to Sosteneo SGR, acting on behalf of its clients. The combined capacity…
Norwegian oil and gas group Equinor’s solar developer, BeGreen, is set to make its foray into the German renewable energy market with the establishment of a…
US-based solar power developer Emeren has disclosed its financial results for the third quarter, revealing a revenue of $13.9 million, marking a 59% decline from the…
Lhyfe, the renewable energy company, has been granted up to £14 million by H2 Pioneros to advance the development of a green hydrogen production plant in…