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Power Construction
EIB Approves €255m Loan for Greek Electricity Network Upgrade
The European Investment Bank (EIB) has approved a loan of €255m for a Greek electricity distribution network upgrade.
Power Construction
Greece's PPC Gets EUR 100m from EIB for Grid Modernisation
The European Investment Bank (EIB) and Greek utility PPC SA (ATH:PPC) on Friday signed an agreement for a EUR-100-million (USD 108m) loan supporting investments…
Solar Power Plant
European Telecoms Ink Deals for 388 MW of Solar Power
French telecom Orange and Deutsche Telekom subsidiary Power & Air Solutions signed separate power purchase agreements this week to procure solar power totaling …
Drilling for Geothermal Project to Proceed on the Azores, Portugal
As reported by local news in Iceland, Iceland Geothermal Drilling Company has secured a drilling contract valued at ISK 2.6 billion (around EUR 18.6 million) …
Oil & Gas Trade
Total Looks To Stop Selling Fuel Oil To Power Plants
Supermajor Total wants to stop selling fuel oil—one of the most carbon-intensive refinery products—for power generation in order to reduce its carbon footpr…
Oil & Gas Trade
Russia-Belarus Oil Dispute Begins to Threaten Supplies to Europe
A long-running oil dispute between Russia and Belarus has for the first time threatened to disrupt supplies to Europe.
Carbon Neutral
Can BP Become Carbon Neutral?
BP’s new chief executive Bernard Looney outlined an ambitious new objective on Wednesday to make the oil giant carbon-neutral by 2050 - the most exacting susta…
Invited for construction of transformer substations
Tenders are invited for construction of transformer substations (technical re-equipment of 110/10 kv vypovzovo substation in desna village, kozelets district, c…
Oil & Gas Trade
Algeria Seeks to Resume its Dominance in the Gas Market
While most of Europe fixated on the result of the UK General Election on 12 December 2019, Algerians also went to the polls in an equally hard-fought election r…
Carbon Neutral
Nordics Bet on Advanced Biofuels to Suit Carbon Neutrality Ambitions
Scandinavian governments have raised the bar in their commitment to becoming carbon neutral and several companies have responded by developing new technologies …
Market Analysis
Coronavirus to have Limited Impact on Chinese Polysilicon Industry
The coronavirus outbreak may have only limited consequences for the Chinese polysilicon industry, according to analyst Johannes Bernreuter.
Oil Price
Oil Prices Jump 2% as Virus Vaccine Reports Spur Hope
Also supporting oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer allies were considering further output cuts to c…
Solar Power Plant
150MW Hungarian Solar Power Plant Project Obtains $125M Investment Proposal from Capital Corp Merchant Banking
With the EU raising the price of lignite in an effort to reduce greenhouse gases and fight against climate change, the Hungarian government has decided to turn …
Coal-Fired Power Plants
Spain Plans to Phase out Coal-Fired Power Plants by 2030
While some countries across Europe are resisting leaving coal power behind, Spain is speeding up its transition.
Germany Floats Draft Hydrogen Strategy Ahead of EU Presidency
Germany’s draft hydrogen strategy envisages the use of CO2-free gas for the industry and transport sector, as well as millions for research. Under the draft pl…
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