Search results for: The European Green Deal

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A list of search results

  • 11 December 2019
    Authorities, Business & Finance

    The European Commission plans to present the European Union’s strategy on offshore wind in 2020, according to the indicative timeline set out in the just-released The European Green Deal. The European  Green Deal is a roadmap on how to make Europe the first climate-neutral continent by 2050. Increasing offshore wind production will be essential, building […]

  • 27 February 2020
    Technology

    A consortium comprising the Belgian offshore wind developer Parkwind, Fluxys, and Eoly, is moving forward with a project to build a power-to-gas installation in Zeebrugge to convert renewable electricity into hydrogen through electrolysis. The developers gathered around the Hyoffwind project aim to install a 25MW electrolyzer in Zeebrugge to produce hydrogen on an industrial scale. […]

  • 12 December 2019
    Authorities, Business & Finance

    German wind energy agency WAB has brought into question the results of a report recently published by WindEurope, saying that Germany’s offshore wind potential is around 21GW higher than stated in the report. According to the report, the potential of offshore wind capacity in German waters by 2050 accounts to some 36GW. However, WAB has […]

  • 6 March 2020
    Authorities

    The German federal government should take a firm decision to ramp up “green” hydrogen and to accelerate the expansion of wind energy and other renewables, according to the wind energy agency WAB e. V. Germany’s Federal Ministry of Economics relies on hydrogen from fossil fuels without good cause and on a large scale of hydrogen […]

  • 23 January 2020
    Authorities, Grid Connection

    The representatives have once again urged the federal government to increase the 2030 offshore wind expansion target to at least 20GW, and to establish an expansion strategy beyond that.

  • 9 October 2011
    Authorities

    The Dutch government and the Netherlands Wind Energy Association (NWEA) have jointly signed a Green Deal on offshore wind energy. For further development of wind energy in the North Sea a substantial reduction of the cost is required, increasing to 40% in 2020. Innovation and policy adjustments form an essential part. The Green Deal incorporates […]

  • 3 February 2016
    Business & Finance

    Galloper Wind Farm Ltd, a joint partnership between RWE Innogy, UK Green Investment Bank (GIB), Siemens Financial Services and Macquarie Capital, has received double recognition from industry analysts following the high profile project partnership and finance deals closed late in 2015.   Galloper has been named as European Power Deal of the Year in Project Finance […]

  • 16 March 2020
    Authorities, Business & Finance, Grid Connection

    The European Commission has released EUR 980 million of funding for key European energy infrastructure projects with major cross-border benefits. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. This is seen as a crucial instrument to deliver on the Green Deal, one of the political priorities […]

  • 12 December 2011
    Business & Finance

    The Green Investment Bank is designed to accelerate private sector investment in the UK’s transition to a green economy. The first priority sectors for the Bank, subject to approval by the European Commission, are: Offshore wind power generation. commercial and industrial waste processing and recycling. Energy from waste generation. Non-domestic energy efficiency. Support for the […]

  • 1 April 2020
    Business & Finance, Wind Farm Update

    Deutsche Bank has closed a deal contingent interest rate swap on TWD 90 billion (around EUR 2.7 billion) project finance for the development of the 589 MW Changfang and Xidao wind farm off Changhua County, Taiwan. The investment consortium, led by Copenhagen Infrastructure Partners (CIP) through its funds CI II and CI III, with two […]

  • 17 July 2018
    Business & Finance

    UK-based renewable energy investment company, Low Carbon, and energy company Vitol have established the VLC Renewables fund to invest in European renewables projects, with an initial EUR 200 million available for offshore and onshore wind. 

  • 6 October 2011
    Authorities

      The Dutch and Danish governments have boosted their efforts to meet EU environmental targets for 2020 this week by setting new national goals for reducing emissions and replacing fossil fuels with renewable energy sources. Maxime Verhagen, Dutch minister for economic affairs, agriculture and innovation, announced yesterday that the government will cut red tape to […]

  • 16 November 2011

    SMALL scale hydro developer Green Highland Renewables has appointed a new managing director. The Perth company said Ian Cartwright has been brought in to oversee the next phase of its development. Cartwright was the founder of J S Cartwright and Company, which he sold to Scottish Hydro Contracting in 1999 in a s1 million deal. […]

  • 7 May 2012
    Authorities, Business & Finance

    Minister for Energy Fergus Ewing responded to Ofgem’s review of transmission charging. He said: “We have Europe’s best renewable energy resources, yet the unfair system of locational charging continues to result in Scotland facing the highest charges in the UK, while subsidies are paid to generators elsewhere.  “We welcome Ofgem’s recognition that the current system […]

  • 16 November 2011
    Business & Finance

    As Europe faces the danger of recession, one industry is planning massive growth. The European offshore wind industry is set to more than triple its annual investments over the next decade – creating jobs, manufacturing and construction opportunities in many countries. At the end of the month, the world’s largest offshore wind power event takes […]

  • 11 July 2012
    Operations & Maintenance, R&D

    Mathematicians in the UK and France have won €1.8 million funding to find ways of more efficiently transporting off-shore wind farms, which would make green energy more affordable. Experts in logistics from the Universities of Portsmouth, Le Havre and Plymouth are looking at reducing the cost of setting up and maintaining off-shore wind farms as […]

  • 2 December 2014

    Offshore Logistics Company (OLC), a subsidiary of RWE Innogy GmbH (RWE), has signed a 5 year bareboat charter for their offshore construction vessel, Friedrich Ernestine, with the Chinese joint venture company ZPMC Profundo Wind Energy Co.,Ltd. The vessel will mobilise to the Far East in early 2015 to commence operations in the Chinese and Asian […]

  • 3 January 2012
    Authorities, Business & Finance

    Chris Huhne revealed more evidence of the economic benefits of renewable energy as he reaffirmed the coalition’s commitment to meeting EU renewable energy targets. This came as the UK published an update on progress to source 15% of all energy from renewable sources by 2020. Latest research from DECC shows that so far this financial […]

  • 1 December 2011

    A number of bankers, investors and developers taking part in a panel at the EWEA OFFSHORE 2011 conference in Amsterdam on Thursday agreed financing can still be arranged for expensive offshore wind farm projects despite the ongoing debt crisis.  Sean Klimczak, Managing Director in the Private Equity Group of Blackstone, said he is “relatively optimistic […]

  • 20 January 2011

    With 308 new offshore wind turbines installed in 2010 – an increase of 51% in installed wind power capacity on the previous year – offshore wind power experienced a new record growth in Europe. In total, 883 Megawatt (MW) of new capacity, worth some €2.6 billion, were installed in 2010 in nine wind farms in […]

  • 10 October 2012
    Authorities, Business & Finance

    A multi-million pound renewable energy investment fund (REIF), geared to stimulating greater levels of private finance into innovative green power and renewable district heating projects in Scotland, was opened for business by First Minister Alex Salmond today. As senior figures from green energy, finance and government gathered in Edinburgh for the Scottish Low Carbon Investment […]

  • 19 December 2016
    R&D

    The European Union’s Horizon 2020 Research and Innovation Programme is funding CL-Windcon (Closed Loop Wind Farm Control) project with EUR 4.9 million. CL-Windcon aims to lead to a reduction of the levelised cost of energy by 10% achieved through an increase in energy production, a reduction of O&M costs, lifetime extension and material cost reductions. The […]

  • 5 March 2017

    GeoSea to Build Large Offshore Wind Farms with New Next-Gen Vessel As of 2019, GeoSea will use a next generation vessel – named Orion – for the construction of the large offshore wind farms, after its mother company DEME placed an order for the 216.5m DP3 installation vessel with COSCO shipyard in China. TenneT Consulting […]

  • 17 June 2011

      A 45% renewable energy target for 2030 would create the future policy-stability the green energy sector the needs, was one of the main messages emerging from last night’s public debate on EU energy policy post-2020. New energy policies must be drawn-up today, and not in 2020 when the current targets expire, Josche Muth, Secretary […]

  • 16 April 2014
    Business & Finance, R&D

    Clean Energy Pipeline has released its preliminary analysis of venture capital, private equity, project finance, mergers and acquisitions and public markets activity during 1Q14 in the clean energy sector. New investment in the global clean energy sector totalled $61.0 billion in 1Q14, representing a 14% increase on the $53.4 billion invested in the corresponding period […]

  • 6 June 2014

    A new global clean energy report shows Australia slipping behind the pace, with 144 countries now adopting renewable energy targets and renewable energy powering about a fifth of the world. Clean Energy Council Chief Executive David Green said while Australia’s renewable energy industry was increasingly at a standstill, the REN21 report showed strong global momentum […]