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Smart Grid
EIB and Endesa Sign €250mn Smart Grid Credit Line
Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.
Electric Car
First Fit for 55 Deal to Bolster EV Uptake
The first Fit for 55 deal has been signed between the European Council and the European Parliament on a 100% CO2 emission reduction target for all EU vehicles b…
Hydrogen Project
Google Calls for More Restrictive ‘Green’ Hydrogen Rules
US technology giant Google, leading a group of several companies including Spanish utility Iberdrola and the Dutch natural gas firm Eneco, has urged the Europea…
Hydrogen Technology
Race to Ship Clean Canadian Hydrogen to Europe Navigates Choppy Water
On Canada's tranquil Atlantic coast, a dozen companies are racing to ship Canada's first green hydrogen to Europe by 2025, aiding the continent's worldwide sear…
Carbon Emissions
EU Gas Emissions End Post-COVID Rise on Cleaner Supply, Energy-Saving-Study
Gas emissions from the European Union's energy sector have ended more than a year of post-pandemic rises thanks to cleaner power supplies and energy-saving effo…
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Rising Interest Rates Weigh on Renewable Growth
European renewable stocks have fallen 20% since August.
Wave Energy
Sea Trials Show Promising Results for AWS Wave Energy Device
Inverness-based AWS Ocean Energy has announced encouraging results from the current phase of sea trials of its wave energy device at the European Marine Energ…
Denmark
Equinor to Acquire Danish Solar Power Developer
Norwegian energy firm Equinor said on Wednesday it had agreed to buy Denmark's BeGreen, a solar project developer in north-west Europe, for an undisclosed sum. …
EU
ECB Wants to Put Banks on Schedule to Meet Climate Goals
Euro zone banks still largely fail to meet the European Central Bank's climate disclosure and management expectations, and laggards who keep failing deadlines c…
Green Investment Group Buys BayWa r.e. Bioenergy Platform
Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.
Hydrogen Production
Kazakhstan Makes $50 Billion Bet on Green Hydrogen
Kazakhstan signed a $50 deal with European renewables group Svevind to build a huge hydrogen production facility.
Sweden
European Energy’s Solar Park Approved by Court
European Energy’s 128.5 MW solar park in Svedberga outside Helsingborg, Sweden, has been approved by the Land and Environment Court in Växjö, Sweden.
Energy-Eficient Building
Stricter Rules for Energy Performance of European Buildings
The European Council reached an agreement on a proposal to revise the Energy Performance of Buildings Directive (EPBD).
Wind Turbine
Wind Turbine Orders in Europe Show Downward Trend – Urgent Policy Support Needed
Wind turbine orders in the third quarter of 2022 fell by 36% compared with Q3 in 2021.
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