renewable-energy
Top StoriesUK Energy Regulator Approves $2.5 Billion Funding for New Subsea Cable
Top StoriesOffshore Wind Cable Makers Turn to Europe as Trump Risks Loom
Top StoriesGermany to Mandate Open Market Sales for New Wind, Solar Plants
InvestingRwe Gains 8.3% After Launching $1.6 Billion Share Buyback
UK’s Sse Says CEO Phillips-Davies to Retire in 2025 as Profits Soar
Date: November 13, 2024
By Aby Jose Koilparambil (Reuters) – British power generator and network operator SSE’s CEO Alistair Phillips-Davies will retire next year after more than a decade in the job, the company said on Wednesday, as it also posted a 26% jump in half-year profit. Shares in SSE have gained about 14% since Phillips-Davies, 57, was promoted...
Europe Needs More Resources to Tackle Climate Change, Greek PM Says
Date: November 13, 2024
(Reuters) -Europe is a global leader in the green transition but also needs to make sure there are more resources to tackle the impact of unprecedented climate shocks, Greek Prime Minister Kyriakos Mitsotakis said on Wednesday. The world’s largest economies have pledged to transition to net-zero carbon emissions energy systems by 2050. “We cannot focus...
Siemens Energy Wins $1.3 Billion ScottishPower Wind Turbine Order
Date: November 12, 2024
FRANKFURT (Reuters) – Siemens Gamesa, the wind division of Siemens Energy, has won a turbine order worth more than 1 billion pounds ($1.3 billion) to supply the East Anglia TWO offshore wind farm of Iberdrola’s ScottishPower, the companies said. Siemens Gamesa will supply 64 of its flagship SG 14-236 DD offshore wind turbines to the...
Vattenfall to Invest 5 Billion Euros in Germany’s Clean Energy Market
Date: November 11, 2024
BERLIN (Reuters) – Sweden’s Vattenfall wants to invest five billion euros ($5.34 billion) in climate-friendly energy products in Germany in the coming years, its local CFO said on Monday. The company intends to use the funds to build charging stations as well as wind and solar parks in the country by 2028, German finance chief...
Explainer-Who Are the Key Voices at the COP29 Climate Summit in Baku?
Date: November 9, 2024
By Gloria Dickie and Kate Abnett (Reuters) – Nearly 200 countries will gather next week for the U.N. climate summit, COP29. Reaching a consensus for a deal among so many can be difficult. Here are some of the major players and negotiating blocs involved in the COP29 summit starting Nov. 11 in Baku, Azerbaijan. CHINA...
UK Energy Regulator Proposes New Rules to Cut Backlog of Projects Awaiting Grid Link-Up
Date: November 9, 2024
LONDON (Reuters) – Britain’s energy market regulator on Friday proposed new regulations for grid companies to cut down the backlog of renewables projects waiting to connect to the grid. In a consultation document, Ofgem said projects waiting to be connected has reached more than 730 gigawatts, well above the 220-225 GW of generation projects the...