The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…
Tag: Renewable Energy
Petrobras Shifts Focus to Local Greenfield Projects
Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
Statkraft Set to Upgrade its Domestic Hydro and Wind Power Facilities
Statkraft, Norway’s renewable power producer, said it plans to invest up to 6 billion euros ($6.56…
Germany Approves 1.2GW Offshore Gird Connection Projects
German maritime authority, Bundesamt für Seeschifffahrt und Hydrographie (BSH), has approved two offshore grid connection projects…
Germany’s Renewable Energy Surge: 55% in 2023
Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…
Sterling Powers its Headquarters with Solar Energy
Yesterday, Sterling Bank announced that the iconic Sterling Towers in Lagos now operate on an advanced…
Portugal Generates 61% Electricity from Renewables
REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…
EU Approves €140m for Green Hydrogen, Biomethane Production
In line with the Green Deal Industrial Plan, the European Commission has approved a €140 million…
Arise Wind Farm Acquires 70% Share in Ukrainian Fenik Repower
Arise AB, a Swedish onshore wind farm developer, said it has acquired a 70 per cent…