Spanish energy group Endesa plans to raise investment in renewables over the next three years and slightly lower the proportion of its profit it will pay in future dividends, the company said on Wednesday.In an update to its strategic plan, Endesa laid out proposals for 5 billion euros ($5…
A ground-breaking ceremony was held at Harwich International Port, North Sea seaport in Essex, to mark the official start of construction of the GBP 10 million operations & maintenance (O&M) base for Galloper Offshore Wind Farm.Representatives from the wind farm…
Tajikistan started the first turbine of its Rogun hydroelectric power plant on Friday, part of a dam project that aims to secure the Central Asian nation's energy independence.The former Soviet republic issued its first Eurobond last year to help finance the project…
Norway's Equinor has bought a 9.7 percent stake in renewable energy producer Scatec Solar, raising its ownership to 10 percent, the state-controlled energy firm said on Thursday.'The investment in Scatec Solar will increase Equinor’s exposure to a fast growing renewable sector…
In a major developement, international consulting group COWI announced it plan to increase its presence in the USA significantly with the consultancy contract with Vineyard Wind in Massachusetts – the first major US offshore wind energy project…
The Scaldia solar park officially opened in North Sea Port, the logistical heart of Europe. The firm ib vogt installed more than 140,000 solar panels, making this the largest solar park in the Netherlands.The official opening took place with the symbolic starting of the generator…
Wind power is set overtake coal, nuclear and gas to become the EU’s largest power source well before 2030. This is according to the International Energy Agency’s (IEA) 2018 World Energy Outlook.According to the IEA’s projections, wind energy will become the EU’s largest power source in 2027…
India's Ministry of New and Renewable Energy (MNRE) has issued a draft scheme on wind turbines in India. Known as the ‘Indian Wind Turbine Certification Scheme’ (IWTCS), the draft has been prepared in consultation with the National Institute of Wind Energy (NIWE)…
European Union lawmakers on Tuesday targeted energy savings of 32.5 percent and a renewable energy uplift of 32 percent by 2030, in a push to meet the bloc's pledge under the Paris climate accord to curb global warming.National governments now…
Top oil and gas companies jointly spent around 1 percent of their 2018 budgets on clean energy, but investments by Europe's giants vastly outpaced their U.S. and Asian rivals, a study showed.Companies such as Royal Dutch Shell, Total and BP…
German energy group EnBW on Monday cut the outlook for its renewables division after low wind and water levels hurt the output at its hydroelectric power plants and wind parks.The group said adjusted core earnings (EBITDA) at its renewables unit would develop in a range of -10 to +5 percent…
Isabelle Kocher, Engie CEO, announced that EUR 800 million would be mobilized in the next five years to develop green gases, a new French sector of excellence that will create value and jobs in France.François de Rugy, French Minister of State…
The Brazilian unit of French gas and power group Engie SA is in negotiations to set up contracts forward-selling wind power that would allow it to build wind farms with 300 megawatts of capacity, its chief financial officer said on Friday.Engie…
A subsea power line set to link the networks of Denmark and the Netherlands reached the Dutch coast on Friday as part of plans to share excess electricity from wind farms and other sources.The 325 km (202 mile) long COBRAcable, short for Copenhagen…
Danish wind energy giant Orsted completed its previously announced takeover of Deepwater Wind from D.E. Shaw group in a deal valued at $510 million.The company closed the transaction of acquiring 100% of equity stake held by D.E. Shaw group in Deepwater Wind…
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