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Masdar Acquires Nearly Half of Repsol’s Spanish Renewable Energy Portfolio for โ‚ฌ849 Million

Masdar has completed the acquisition of a 49.99% stake in Repsol's Spanish renewable energy portfolio through a โ‚ฌ849 million ($980.2 million) transaction. The portfolio encompasses 705MW of operational renewable capacity distributed across wind and solar installations that commenced full...

France Launches 10GW Offshore Wind Projects Tender Round

Franceโ€™s energy ministry is set to open tendersย  for offshore wind developments totaling 10 gigawatts, with most of the proposed capacity located along the countryโ€™s western coastline. The initiative marks one of the largest renewable energy procurement efforts undertaken...

Nordex Group Secures 255 MW in New Wind Energy Orders from Germany

The Nordex Group has secured new wind energy orders from Germany totalling approximately 255 MW during the first two months of the second quarter. The contracts span 14 wind energy projects and cover a combined 39 turbines. Of these,...

EU Carbon Market Reform Seeks to Stabilize Permit Prices

The European Union is working on the design of a new funding mechanism valued at about โ‚ฌ30 billion to support its clean-energy transition while avoiding disruption to the blocโ€™s carbon trading system. The proposed instrument, based on 400 million...

EU Energy Standards for Data Centres Address Power Demand

The European Union is moving ahead with new measures aimed at improving the energy performance of data centres as electricity demand from the sector continues to rise sharply. Under the blocโ€™s revised Energy Efficiency Directive, the European Commission is...

Chinese Ming Yang Joins the Norwegian Offshore Wind Industry

The European arm of Ming Yang Smart Energy Group Ltd, the Chinese wind turbine manufacturer, has become a member of Norwegian Offshore Wind, an industry organisation representing nearly 300 companies across Norwayโ€™s offshore wind value chain. The development strengthens...

Vattenfall and Nscale Secure Sustainable AI Infrastructure Power Agreement

In a key development for enterprise leaders focused on scaling transformative AI systems, Vattenfall and Nscale have formalized a long-term renewable power agreement. This contract will supply the inaugural phase of Nscaleโ€™s hyperscale data center in Kvandal, northern Norway....

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