Green Investment Bank (GIB) has excluded wave and tidal energy from its plans and said it will focus on other projects, reports the BBC. Lord Smith of Kelvin, the new chairman of GIB, said the bank will invest GBP 3 billion budget in projects that will make a commercial return. He outlined five prio
After the Vestas company resigned from its manufacturing plans that would have created about 1,600 jobs, a task force has been set up to attract new manufacturers to north Kent, BBC News reports. Danish company Vestas was supposed to manufacture wind turbines at Sheerness Dock, a huge new plant on t
German plans for shifting to renewables can be funded only to 50%, with banks having a limited ability to finance the rest when it comes to resources like offshore wind power. According to Bloomberg’s information based on the report of the HVB Group, UniCreditSpA (UCG)’s German banking unit, referre
German plans for shifting to renewables can be funded only to 50%, with banks having a limited ability to finance the rest when it comes to resources like offshore wind power. According to Bloomberg’s information based on the report of the HVB Group, UniCreditSpA (UCG)’s German banking unit, referre
Greek Regulatory Authority for Energy (RAE) has approved a production licence for a EUR 2 billion offshore wind project. Namely, the application for installing 81 wind turbines in the Aegean Sea northeast of Lemons Island was submitted by RF Energy’s subsidiary City Electric S.A., the AMNA news site
On the yesterday’s meeting between Charles Hendry and Irish Energy Minister Pat Rabbitte, both Ministers discussed the development of renewable energy trading between the two countries and plans to enhance gas market planning procedures. The Ministers agreed a process to develop a formal Memorandum
A joint initiative by Norfolk, Suffolk and Essex counties to work with China in order to create more jobs by making new export and inward investment opportunities brought a key visit by a Chinese delegation of world-leading manufacturers of wind farm equipment. The multi-million pound investors from
Ireland’s Minister for Communications, Energy and Natural Resources, Pat Rabbitte will meet his counterpart, UK’s Minister of State for the Department of Energy and Climate Change, Charles Hendry, in London this week, the Irish Times reported. They are going to discuss the possibility of direct expo
RenewableUK, the trade and professional body representing the wind energy industry, has welcomed a strong endorsement of the key role being played by the sector in delivering a secure supply of clean electricity to British households and industry. Edward Davey, the Secretary of State for the Departm
Scotland is leading the way in driving down the costs of offshore wind, Energy Minister Fergus Ewing has told major industry conference. Scotland has a quarter of Europe’s offshore wind capacity and planned offshore wind projects in the country have the potential to produce up to 10GW of electricity
Keith Anderson, Chief Corporate Officer at ScottishPower, gave evidence to the Energy and Climate Change Committee in Westminster, regarding the draft Energy Bill. Mr Anderson discussed the importance of investor confidence, and following the session he said: “An evidence based process has thus far
The Soc SEVA SRL has requested a state concession for the installation and maintenance of 28 wind turbines of 3.6 MW each, with towers 90m high, 120m rotor diameter, forming an industrial offshore plant for electricity production. The location is in the territorial waters of northern Lake Sardinia,
The Soc SEVA SRL has requested a state concession for the installation and maintenance of 28 wind turbines of 3.6 MW each, with towers 90m high, 120m rotor diameter, forming an industrial offshore plant for electricity production. The location is in the territorial waters of northern Lake Sardinia,
European politicians need to endorse a new binding 2030 target for renewable energy sources if they want to take advantage of the EU’s position as global technological leader in onshore and offshore wind power. That was the message Wednesday from Stephane Bourgeois, Head of Regulatory Affairs at the
