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Iberdrola Gets Portugese Nod for Wind Farm Start
Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal.Located in the districts of Vila Real and Braga, in northern Portugal, with a total investment of around €350 million…
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Iberdrola, Kansai partner again in German Offshore Wind project
The two electric companies, already partners in Electricity North West, expand their alliance with this new co-investment.Iberdrola has given entry to the Japanese electric company Kansai into its Windanker offshore wind project, which is already under construction. The Japanese electric company will co-invest in the asset…
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Sweden and Norway consider early termination of green subsidies
They said that on Friday, Sweden and Norway had asked their respective energy regulators for options to end a joint certificate…
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VEGOILS - Palm trades slow on the back of weaker oil rivals; set to a loss for the week
Malaysian palm oils futures continued to fall on Friday as they tracked the weakness of rival vegetable oil at Chicago and Dalian…
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Kansai electric, a Japanese company, has invested in Iberdrola’s offshore wind project worth 1.3 billion euros.
The company announced on Friday that Japan's Kansai electric power Co had agreed to purchase a 49 percent stake in Iberdrola’s…
Latest news
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Britain announces plan to encourage the development of clean energy projects
The UK launched on Friday a plan that will make it easier for developers and investors to build clean energy project, which…
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Eastern Canadian provinces replace controversial Churchill Falls Hydropower deal
On Thursday, the Canadian province Newfoundland and Labrador signed a Memorandum of Understanding with its neighboring Quebec…
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Nordic countries debate energy policy after spikes in power prices
On Thursday, the hourly electricity prices in certain parts of Scandinavia reached record levels. They were tenfold higher in some cases than average…
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BHP and Rio de Janeiro are plagued by sexual harassment lawsuits: Russell
The sexual harassment suits filed against BHP Group in Australia and Rio Tinto, global mining giants, are not just another…
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Indonesia's plans for renewable energy may endanger forests
Indonesia, which is heavily dependent on coal for electricity, needs to move away from fossil fuels. It aims to generate…
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Spot prices are affected by higher wind forecasts
European prompt electricity prices fell on Friday, as wind power supplies are expected to increase in Germany while demand is forecast to decline.
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India announces a formula for classifying green metal
India's Steel Ministry announced on Thursday a formula to define 'green steel', classifying it into three categories based…
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US solar industry's strategy for Trump's era downplays climate
The U.S. Solar Industry unveiled their lobbying strategy on Thursday for the incoming Trump Administration. They promoted…
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Investors threaten to take action after the Czech Parliament cuts solar industry aid
On Wednesday, the lower house of the Czech parliament approved a change in rules for aids to solar power plants that could reduce some support.
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ReNew Energy, India's energy company, has offered to be privatized in a $2.82 billion deal
Filings with the U.S. Securities And Exchange Commission show that some of the largest investors in ReNew Energy Global are…
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Dalian palm and VEGOILS-Palm end lower in profit-booking
Malaysian palm futures continued to lose on Wednesday as traders booked profits after early gains that had been triggered…
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Low wind and cold weather prompts prices to be at their highest level in two years
The European power market saw a new high of two years on Wednesday, amid cold temperatures and low wind supplies. LSEG's…
Solar
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Meyer Burger secures $40 mln in bridge loan after key client's exit
The Swiss solar panel manufacturer Meyer Burger announced on Friday that it had secured nearly 40 million dollars in bridge…
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German Cabinet approves $1.4 billion subsidy to reduce 2025 electricity network fees
The German cabinet approved a proposal to provide a subsidy of 1.3 billion euros ($1.37 billion) for electricity network…
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Solar tariffs in the US will increase prices and reduce profit margins for Southeast Asia
Analysts said that a new round of U.S. import tariffs against Southeast Asian solar panel producers will likely increase…
