RWE Renewables inks 2 GW solar deal with Greece’s PPC Renewables
RWE and PPC agreed their renewables subsidiaries would build large-scale solar projects with a total capacity of up to 2 GW in Greece
PPC’s capital offering to lower Greece’s ownership to minority stake
Greek state-controlled power utility PPC intends to increase its share capital by at least EUR 750 million, but the government won't participate
Fossil fuel firms sue countries over climate, environmental action
Fossil fuel companies are suing countries around the world, seeking more than EUR 15 billion in damages over climate, environmental action.
Winners of offshore wind auctions in Germany chosen by lottery
The German regulatory body was forced to choose the winners in offshore wind auctions by drawing lots as they all asked for zero subsidies
Industry joins forces with science to turn Ruhr into model region for hydrogen economy
Eight companies and institutions are working on solutions to supply the industry and residents of the Ruhr in Germany with CO2-free hydrogen.
PPC Renewables picks Terna to build 50 MW solar park in Megalopolis
PPC Renewables awarded the contract for a solar system in the Peloponnese to Terna. The firm is progressing in vast solar power and storage projects
PPC Renewables, RWE targeting 2 GW solar deal for Greece by year-end
PPC Renewables and German RWE are working on a formal business agreement on joint development of photovoltaic systems in lignite mining areas in Greece while coal facilities are being shut down. The two companies are reportedly eyeing a deal through December. Representatives of Germany’s RWE completed a three-day working visit to Greece, where they visited […]
Fool’s Gold: Financial institutions waste billions on coal, undermining climate action
European financial institutions and international investors and banks including BlackRock and Japanese megabanks are keeping Europe’s terminally declining coal industry on life support, handing companies EUR 12 billion in investment, and EUR 9.8 billion in loans and underwriting in less than 1.5 years, according to a new report by Europe Beyond Coal and partners. Such […]