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Fund management specialist Octopus Investments Limited has successfully closed a new £300m fund dedicated to investing in operational renewable power projects in the UK. The company announced last week that backing from an unnamed large institutional investor had allowed the…

REC Solar has become one of the largest manufacturers of solar panels in the world, and became Europe’s largest solar panel brand a few years ago. The Norway-founded company has recently started manufacturing its TwinPeak 2 multi-crystalline solar panels, rated…

An enormous 15th-century tomb in south-eastern Turkey has been moved to make way for a hydroelectric dam on the Tigris river. The 1,100-tonne Zeynel Bey monument was lifted whole on Friday and transported more than a mile on a wheeled…

Just days before he secured his overwhelming victory in France’s presidential election, President-Elect Emmanuel Macron’s plans to double France’s wind and solar capacity by 2022 received a major boost. Late last week the European Commission granted State Aid approval to…

The EBRD is financing the reconstruction of the water supply network in Sarajevo, the capital of Bosnia and Herzegovina, with a €25 million sovereign loan provided to the Sarajevo Canton Water and Wastewater Company. The loan agreement was signed today…

The German Development Bank (KfW) is financially helping Serbia. The investments of KfW bank have reached the level of around 1,711 billion euros, including 887 million euros for the energy sector. These include the production of electricity, coal mines and…

One of the world’s largest offshore wind farms has been officially opened, delivering 600MW of clean power capacity to Dutch grid. The Gemini wind park, which is located 85km off the coast of the Netherlands, was unveiled yesterday after it…