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Europe
Tidal Energy
French Tidal Energy Project Secures €31.3m EU Innovation Fund Grant
Tidal energy developer Normandie Hydroliennes’ NH1 tidal energy project has been awarded €31.3 million in funding from the European Union’s 2023 Innovation F…
Ammonia
Horisont Energi Inks New Ammonia Sales Deal for Barents Blue Project
Norwegian clean energy company Horisont Energi has secured a non-binding term sheet with a European energy group for ammonia sales from its Barents Blue clean a…
Uranium Project
EU Funding for French Enrichment Plant Expansion
The European Investment Bank and Orano have signed a loan agreement for EUR400 million (USD434 million) to partly fund the project to extend the Georges Besse I…
Ammonia
Höegh Evi and North Ammonia Join Forces to Set up Clean Ammonia Supply Chain
Norwegian companies North Ammonia and Höegh Evi have signed an agreement to explore a clean ammonia supply chain from Norway to Europe.The agreement will s…
Hydrogen Production
Portugal: EIB Finances Galp’s Renewable Hydrogen and Biofuels Projects in Sines With €430 Million
The European Investment Bank (EIB) has granted a €430 million loan for the construction of two key projects aimed at transforming Galp’s Sines Refine…
Power Construction
German Energy Giant E.ON Seeks Higher Grid Returns
E.ON, Europe’s largest energy network operator, has called on Germany’s incoming government to improve returns on energy networks. The company highl…
EV Market
Tesla Sales Fall 45% in Europe Amid Musk’s Political Meddling
Tesla Inc. reported a significant decline in vehicle sales across Europe in January, with registrations dropping 45% to 9,945 units from 18,161 the previous yea…
Nuclear Reactor
EC Approves Belgium’s State Aid for Lifetime Extension of Two Nuclear Reactors
Belgium gets EU approval for state aid backing Doel 4 and Tihange 3 nuclear reactor extensions.The European Commission (EC) has approved Belgium’s revised…
Decarbonization
EBRD, EU Fund Hydrogen Technology to Decarbonize Egypt’s Cement Sector
European Bank for Reconstruction and DevelopmentThe European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are expanding support fo…
Electric Vehicle Charging
MAHLE to Supply Cooling Module for Megawatt Charging Stations
MAHLE has won its first series order for a new, high-performance cooling module in the megawatt charging sector. The cooling module will be installed in fast-ch…
Photovoltaic (PV)
European Energy Offloads US Solar Park
European Energy has completed the sale of its largest solar park to date.The sale in the United States marks the company’s second major divestment in the …
Battery
Lion Storage Reaches Financial Close on €350M BESS
Dutch developer Lion Storage has reached financial close on project Mufasa, one of the largest battery energy storage systems (BESS) in Europe.The company, part…
Ultra-high voltage grid
CTP invests €57m in Hitachi Energy’s Brno project in Czech Republic
Hitachi Energy has been collaborating with CTP since 2014, continuously expanding its presence at CTPark Brno.European industrial developer CTP has announced a …
Wave Energy
EIC Accelerator Backs Corpower Ocean With up to €17.5M to Advance Wave Energy Tech
CorPower’s C4 device in PortugalSwedish wave energy technology developer CorPower Ocean has secured up to €17.5 million in funding from the European …
Oil & Gas Trade
Egypt, Cyprus Sign Gas Export Deals, Boosting Eastern Mediterranean Energy Cooperation
Egypt and Cyprus signed agreements on Monday enabling the export of gas from Cyprus's offshore fields to Egypt for liquefaction and re-export to Europe, as …
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