Venterra secures £30m bond facility for international growth
Offshore wind services business Venterra Group has secured a £30 million bond facility from HSBC, backed by the UK government’s export credit agency UK Export Finance (UKEF).
Europe
Germany’s €23bn green experiment to save its industrial economy
Europe’s largest economy is running a €23 billion ($24.9 billion) experiment to reach net zero by 2045 without destroying its energy-intensive industrial base.
Could space-based solar power be the world’s next energy frontier?
The concept of harvesting solar energy via orbiting power stations and beaming it back to Earth is attracting attention, but the challenges are astronomical.
Europe wary of clean-tech protectionism on green-transition cost
The European Union is shying away from further measures to protect its embattled clean-tech industry from cheap Chinese imports over concerns it could make it harder to source key components and raise the cost of the green transition.
EU risks escalating spat with farmers, business over climate
The European Union issued its most ambitious climate roadmap just as the bloc is facing severe headwinds from angry farmers and an ailing industrial base increasingly alarmed about the high costs of a rapid green transition.
EU set to seek ambitious goal of 90% emissions cut by 2040
The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.
Masdar stacks up deals on 20 GW of clean energy
Masdar head Al Ramahi said the Kyrgyzstan agreement marked a “new chapter for Masdar in our clean energy journey … we are glad to have the opportunity to bring the energy, passion and focus to hydropower that we have utilised for so many other renewable energy sources”.
Statkraft CEO to step down after 14 years leading Norwegian renewable energy company
The chief executive officer of Norwegian renewable energy company Statkraft has stepped down after 14 years in the position.
Europe is set for a record solar summer and is wasting it
The European Union should take steps to stop the waste of solar energy and limit negative pricing in order to encourage investment, according to renewable energy groups.
Equinor continues floating wind expansion with new partnership
Equinor is continuing to expand its floating offshore wind operations with plans to roll out the technology in France.
Solar PV better option than oil, Eco Atlantic says
Namibia and Guyana-focused explorer Eco Atlantic has announced a move into renewables, in southern Europe.
Equinor to launch floating offshore solar power pilot project
Equinor has announced plans to broaden its renewables offering by piloting a floating offshore solar plant off the Norwegian coast.
Total consolidates position as France’s second largest solar developer
Total has picked up 67 megawatt-peak of solar projects as part of the French Energy Regulatory Commission’s (CRE) eighth call for tenders.