News & Press Releases
News & Press Releases
Three Renewable Energy Trends that are Propelling Growth in the Challenging Energy Sector
Renewable energy sources are preferred by most consumers, large institutions, and governments. Due to the reduced environmental impact, improved quality of power, and lower costs, renewable energy is a significantly better alternative to traditional fossil fuels. High demand and...
News & Press Releases
Japan plans up to 45 GW offshore wind power by 2040
Japan plans to install between 30 gigawatts and 45 gigawatts of offshore wind power by 2040 to reduce emissions and meet a target to achieve carbon neutrality by the year 2050, the Asahi newspaper reported on Tuesday, without citing...
News & Press Releases
Benin launches the construction of Illoulofin photovoltaic solar power plant
The government of Benin embodied by Mr. Dona Jean-Claude HOUSSOU, the West African country minister of Energy launched the construction of Illoulofin photovoltaic solar power plant in the municipality of Pobè, Plateau department.
The 25 Megawatt Photovoltaic Solar Power Plant...
News & Press Releases
Local investor begins construction of gas-fired power plant in central Romania
E-Infra group, controlled by local investors Teofil Muresan, Simion Muresan, and Marian Pantazescu, started the construction of a 13.4MW gas-fired power production facility in Campia Turzii, central Romania, Profit.ro reported.
The group will develop two units of 6.7MW and extend...
News & Press Releases
Basque Country and Scotland team up to boost wave energy with EuropeWave project
The Basque Country and Scotland used the final day of the annual Ocean Energy Europe Conference & Exhibition to announce ‘EuropeWave’ - a new five-year collaborative programme that will channel €20m to the most promising wave energy concepts. The...
News & Press Releases
EIB funds Siemens Gamesa’s 2020-2023 innovation plan
Siemens Gamesa has secured €300 million ($363.5 million) in funding from the European Investment Bank to implement its analysis, improvement and innovation (RDI) plan throughout 2020-2023.
The funding features a €150 million ($181.7 million) mortgage. Siemens Gamesa will use the...
News & Press Releases
Japan to make hydrogen major power source by 2030
Japan will aim to make hydrogen a power source viable enough to produce the output of more than 30 nuclear reactors by 2030.
To achieve that goal in its bid to reduce carbon emissions Japan will have to make a...
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