europe

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EIB Lends €450 Million to Portugal for Transmission System Upgradation

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy company Redes Energéticas Nacionais (REN) for renewable...

March 27, 2023

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Arjun Joshi

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Finance and M&A

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Grid
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Europe Unveils Plans for Clean Energy Tech, Raw Materials Access

The European Union has unveiled two key initiatives to make the transition to clean energy and ensure it has access to critical raw materials to make the switch. The...

March 17, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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European Parliament to Mandate Solar Rooftops for All New Buildings by 2028

The European Parliament adopted the revised Energy Performance of Buildings Directive, mandating the use of solar rooftop systems for all new buildings by 2028 and...

March 16, 2023

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Satish Shetty

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Consumers

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Markets & Policy

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Rooftop

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Solar
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EU Proposes Reforms to Promote Long-term Contracts for Non-Fossil Power

The European Commission has proposed a major reform of the EU’s electricity market design to accelerate the adoption of renewable energy and phase out gas. The...

March 15, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: CERC Notifies ISTS Charges Waiver for Renewable Projects

The Central Electricity Regulatory Commission (CERC) has amended the CERC (Sharing of Inter-State Transmission Charges and Losses) Regulations, 2020, waiving interstate...

March 13, 2023

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Mercom India

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Daily Wrap-up
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Sweden Finds Large Rare Earth Metals Deposits Used in EVs and Wind Turbines

Significant deposits of rare earth elements which are essential for the manufacture of electric vehicles (EVs) and wind turbines are located in the Kiruna area, a...

January 16, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: CATL to Supply 7.5 GWh Battery Storage System to Gresham House

Here are some noteworthy cleantech announcements of the day from around the world: Contemporary Amperex Technology (CATL) and Gresham House Energy Storage Holdings...

December 23, 2022

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Arjun Joshi

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Other

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Renewable Energy
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High Energy Prices Spur Record Solar Capacity Addition in EU

The European Union’s (EU) solar sector in 2022 has drastically improvised on the need for solar amid rising power prices with a focus on cutting its dependence on Russia...

December 20, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Repsol Acquires Clean Energy Investment Platform Asterion Energies for €560 Million

Madrid-based energy and petrochemical company Repsol has acquired renewable energy investment platform Asterion Energies for €560 million (~$595 million) along with...

December 19, 2022

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Gourav Mishra

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Other

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Renewable Energy
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EU Reaches Deal on Major Carbon Market Reform to Cut Emissions by 2030

European Union (EU) member states and parliamentarians have agreed on a major reform to the bloc’s carbon market or emission trading system (ETS) to reduce...

December 19, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Power Producer Encavis AG’s Fund Closes Investment Phase with €1.13 Billion

Europe-based independent power producer Encavis AG’s fund Encavis Asset Management completed the investment phase of the Encavis Infrastructure Fund II (EIF II) with a...

December 12, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Enphase Energy’s Revenue Jumps 81% to $635 Million in Q3 2022 on Strong Demand

Microinverter-based solar-plus-storage systems company Enphase Energy recorded revenue of $634.7 million in the third quarter (Q3) of 2022, a year-over-year (YoY)...

October 26, 2022

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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Apple to Decarbonize its Supply Chain by 2030, Add 3,000 GWh Renewable Energy Annually

Apple has called on its global supply chain partners to take assertive steps towards decarbonization and address greenhouse gas emissions. The company plans to evaluate...

October 26, 2022

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Satish Shetty

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Finance and M&A

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Other

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Renewable Energy
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European Scientists Unveil Plan to Harvest Sun’s Energy in Outer Space

The European Space Agency (ESA) has unveiled a plan to harvest the sun’s energy in outer space and beam it back onto earth. The technology, which is still in its...

October 18, 2022

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Gautamee Hazarika

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Solar

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Technology
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Global Asset Management Firm Capital Dynamics Closes €521 Million Clean Energy Fund

Capital Dynamics, an independent global private asset management company, has closed its latest clean energy fund at €521 million (~$508 million) in capital commitments....

October 17, 2022

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy

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