Statkraft Targets NOK 2.9 Billion Cost Savings by 2027
Statkraft, under the direction of new CEO Birgitte Ringstad Vartdal, has announced a strategy aimed at cutting costs by NOK…
Estonia advances offshore wind project; UK solar plans submitted
Estonia’s Ministry of Climate has approved the initiation of an environmental impact assessment (EIA) for the Saare 1 offshore wind…
Europe inaugurates largest floating solar plant in France
Energy and Velto Renewables have officially opened Europe’s largest floating solar plant, Les Ilots Blandin, located in Haute-Marne, France. This…
EU Clean Industrial Deal aims for competitive, low-emission industry
The European Union is taking decisive steps to strengthen its industrial sector while reducing carbon emissions through the Clean Industrial…
Blue Elephant Energy secures €200 million for 1 GW projects
Blue Elephant Energy has secured a funding agreement worth €200 million from Infranity to develop and construct 1 gigawatt (GW)…
EIB Group raises financing ceiling to €100 billion for 2025
The European Investment Bank (EIB) Group has secured approval from the 27 Member States to raise its financing ceiling to…
ONiO secures €5 million for ultra-low power microcontroller
Oslo-based startup ONiO has successfully raised €5 million to expand production of its ONiO.zero microcontroller unit (MCU), which is recognized…
Ireland closes last coal plant as renewable energy expands
Ireland has officially ended coal-fired power generation with the closure of its last coal plant, Moneypoint, located in County Clare.…
Virtual Power Plants Offer Extra Income for Energy Producers
Virtual power plants (VPPs) are increasingly gaining traction in the energy sector and beyond. These systems help manage electricity from…
Study shows EU can produce hydrogen as ammonia cheaper than imports
A recent study has revealed that producing renewable hydrogen in the form of ammonia within the European Union (EU) is…
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