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The Scottish government yesterday granted planning permission for a new 50MW floating offshore wind farm around 15km off the coast of Aberdeen, marking a significant step forward for the nascent clean energy technology. Once operational, the farm will have capacity…

The amount of new solar power capacity installed worldwide rocketed by 50 per cent last year, driven by increasing demand from both the US and China, according to new data. Global solar PV capacity added in 2016 reached 76.2GW, significantly…

EDP Renewables Europe is to sell a 49% stake in a portfolio of wind farms in Portugal totalling 422MW to ACE Portugal Sàrl for €242m. ACE Portugal Sàrl is owned by ACE Investment Fund II, which is a subsidiary of…

The European Investment Bank (EIB) provided new loans worth EUR 1.04bn and the European Investment Fund (EIF – which together with EIB forms the EIB Group) executed operations in Romania totalling EUR 61m in 2016. The EU bank financed priority…

EU Member States have voted in favour of a new package of measures to overhaul the European Emission Trading Scheme (ETS) after 2020, which has for years been dogged by low prices and a surplus of allowances. Environment ministers from…

The Covenant of Mayors for Climate and Energy entered a new phase in its history with the launch of the European Covenant of Mayors Board, reaffirming the initiative as a unique political movement steered by mayors. The first meeting of…

Engie and Schneider Electric have signed a memorandum of understanding (MoU) to explore and deploy digital technology to help improve the operational efficiency of renewable assets, such as wind and solar. The companies will use SCADA and related software provided…