The UK government has announced that £463 million ($684 million) has gone into a fund for wind projects headed by the UK Green Investment Bank (GIB), which has already invested £200 million ($295 million) of its own capital. This is the first stage of a planned £1 billion fund that would be geared to develop offshore wind farms.
Jordan has signed a $10 billion agreement with Jordan for the development of its first nuclear power plant. signed an agreement on Tuesday in Amman.
Sweden’s Triventus Wind Power and Norway’s Havgul Clean Energy have announced that they will merge to combine their 1.6 GW portfolio and jointly develop further renewable projects across Finland, Norway and Sweden.
RenewableUK has said the East of England could become a hub for trading renewable energy with Scandinavia, so long as the right regulatory framework is put in place.
The British government is moving to the first phase of commercial negotiations on a Contract for Difference (CFD) with the developer of a proposed tidal lagoon at Swansea Bay.
Conergy, one of the world’s largest downstream solar companies is to receive an equity investment from RWE Supply & Trading, the energy trading arm of the European utility.
The EU has urged Germany to find a solution to political deadlock over disputed plans to build new power transmission lines between the windy north of the country to the more developed south. The power lines themselves are seen as integral to Germany's shift away from nuclear and fossil fuels.
Abengoa and the Industrial Development Corporation (IDC) have commissioned a 100 MW solar thermal power project secured in the first round of the Renewable Energy Independent Power Producer's Programme (REIPPP).
Plans for a £6 billion, 14-mile seawall off the coast of Cardiff have been released today, as part of government-backed plans for tidal power schemes across the UK.
UK transmission grid operator National Grid and Elia, the Belgian electricity transmission system operator, will today sign a joint venture agreement to move ahead with the Nemo Link – the first electricity interconnector between the two countries. The interconnector is planned to go live in 2019.