Global warming is on pace for catastrophic 3.3º C without drastic measures
Up to USD 130 trillion in new investments is necessary to avert the current global warming scenario.
Australia backs CWP Renewables in world’s biggest power plant project
The Three Gorges Dam is the biggest individual producer of electricity on the planet. CWP Renewables is set to surpass it.
Four major companies eye Greek offshore wind projects
Equinor, COP, Innogy and Principle Power are getting ready for a Greek law on offshore wind power plants
North Macedonia to shut REK Bitola coal plant unit, turn to gas
Power producer ESM intends to turn off the first unit of coal-fired REK Bitola within five years and convert it to natural gas
Greek PPC may offer residents of coal regions to invest in solar power
Government-controlled PPC wants to offer shares in solar projects to people in Greek coal-dependent areas
National Bank of Greece raises EUR 500 million via green energy bonds
NBG sold green energy bonds worth EUR 500 million with the obligation to invest the funds in hydropower, wind parks and photovoltaic projects in Greece. The European Bank for Reconstruction and Development revealed it invested EUR 50 million in a six-year senior preferred green debt issuance by the National Bank of Greece (NBG). The Greek […]
Terna Energy to more than double its wind power capacity in Evia island
Terna Energy is rapidly expanding its wind power portfolio in Greece, particularly in Evia. Vestas said it closed a deal with the company to deliver and install 40 turbines on the island with an overall capacity of 144 MW. Terna Energy has placed a 144 MW order for the Karystia wind power project in the […]
Greek gas firm DEPA Commerce in talks to enter wind, solar projects
In line with its declared strategy to create a 200 MW renewable energy portfolio, Greek state-controlled DEPA Commerce is negotiating with project developers to participate in planned wind parks and photovoltaic systems or buy stakes in such power plants that are under construction, according to local media. The gas supplier co-owned by Hellenic Petroleum is […]
