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EC backs Italy's €194bn revised recovery plan
Renewables EuropeThe European Commission has endorsed Italy’s now €194.4 billion recovery and resilience facility plan covering 66 reforms and 150 investments across energy and infrastructure
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Lhyfe nets French green hydrogen port project
Renewables EuropeFrench hydrogen producer Lhyfe has been selected preferred bidder for the Nantes Saint-Nazaire Port project to develop an industrial green hydrogen production and distribution facility in Montoir-de-Bretagne
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Aware Super commits $6.61 billion to UK investment office
Social & Defence EuropeAware Super has pledged $6.61 billion to the UK investment office as part of the pension scheme’s plans to grow its portfolio to $164.52 billion of assets under management
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ZeroAvia locks in UKIB for series C funding
Renewables EuropeUS-UK hydrogen-electric aircraft developer ZeroAvia has announced the UK Infrastructure Bank as a cornerstone investor as it closes its series C round of funding
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IFM to invest £10bn in UK energy transition
Renewables EuropeIFM Investors will invest £10 billion into UK infrastructure and energy projects up to 2027 under an MoU with the UK Government
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Marguerite exits Latvijas Gāze holding
Oil & Gas EuropeMarguerite has concluded its exit from Latvijas Gāze with the sale of a 28.97% stake in natural gas trading and supply company to SIA Energy Investments, completing the divestment plan for the asset that began in 2020
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STMicro signs PPA with ERG
Renewables EuropeSTMicroelectronics has signed a 15-year power purchase agreement with ERG Power Generation in Italy
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BKW partners with Electra for Swiss EV chargers
Renewables EuropeBKW and Electra have partnered to build 100 EV fast charging sites with at least 600 charging points in Switzerland over the next 3 years
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South Korea to invest £21bn in UK green energy, infra
Renewables EuropeSouth Korea’s sovereign wealth fund and several businesses are set to invest £21 billion in UK green energy and infrastructure projects, as part of a renegotiated trade agreement between the 2 countries
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Romania's largest solar project secures €60 million in financing
Renewables EuropeRenewable energy company Econergy has secured a €60 million in financing from Raiffeisen Bank to help support its 155MW solar project in Romania
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RFI out for Polish Baltic Power offshore wind
Renewables EuropeA market survey has been published for Orlen and Northland Power’s $6.5 billion Baltic Power offshore wind project
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European Commission's Innovation Fund opens call for proposals
Renewables EuropeThe European Commission's Innovation Fund has opened the window for proposals with a budget of €4 billion focused on the deployment of innovate decarbonisation technologies
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EC launches €800m hydrogen bank subsidy auction
Renewables EuropeThe European Commission has launched its first auction under the European Hydrogen Bank, with €800 million of emissions trading revenues available to renewable hydrogen producers through the Innovation Fund
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France reveals Mediterranean floating wind locations
Renewables EuropeThe French government has revealed the locations for 2 floating wind farms in the Mediterranean, of around 250MW each
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Bosnian road secures €25m loan from OPEC Fund
Transport EuropeThe OPEC Fund for International Development has agreed a €25 million loan with the Bosnia and Herzegovina government to develop part of the Corridor Vc Motorway and link the country with the Trans-European Transport Network
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Swedbank Robur launches climate bond funds
Renewables EuropeSwedish investor Swedbank Robur has launched 2 funds with a sustainability focus to finance projects and company operations contributing to UN climate targets
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PoGo inks major EV roll-out agreement
Renewables EuropeUK EV ultra-rapid charging network PoGo has partnered with national property investor London & Cambridge Property to roll out charging infrastructure to LCP’s sites
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Finnish gov boosts infra investment in 2024 budget
Transport EuropeThe Finnish government has submitted its 2024 budget proposal to parliament for a €22 million investment into the planning of Riihimäki-Tampere, a stretch of main rail line some 70km north of Helsink
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Finland launches offshore wind auction
Renewables EuropeFinland's government today adopted a resolution on launching an auction for 5 offshore wind power sites with a maximum capacity of 7.5GW