EIB Group establishes EUR 25 billion guarantee fund to deploy new investments in response to COVID-19 crisis
The EIB Group is set to play a key role in the fight against the economic consequences of the COVID-19 pandemic. Following…
Author: WoREA
Welcome to WoREA! You are in the right place to learn about all things renewable energy. We would like to take this opportunity to firstly wish you well, congratulate you for being here, but above all else, thank you personally for your interest in renewable energy - we like you! Please feel free to submit your content and/or reach out directly. We are always interested in learning more about our members and the markets in which you work.
European responses to Covid-19 accelerate the electricity system transition by a decade, according to Wärtsilä analysis
Coal based power generation has fallen by over a quarter (25.5%) across the European Union (EU) and United Kingdom (UK) in the…
Businesses to save up to £300 million annually thanks to Climate Change Agreement scheme extension
An extension to the Climate Change Agreement scheme will prevent an estimated 700,000 tonnes of CO2 from being emitted each year. Businesses…
Wood grows US renewables business with onshore wind contracts worth $100m
HOUSTON – April 14, 2020— Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC)…
En+ Group delivers food supplies to retired workers
To protect the health of our former employees, deliveries will involve no physical contact. Instead, our En+ volunteers, equipped with face masks…
Will the coronavirus kill the oil industry and help save the climate?
The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and…
Britain’s electricity demand falls by a tenth in lockdown
Electricity demand in Britain dropped by a tenth last week after the UK government imposed a lockdown to curb the spread of…
Households to be paid for daytime green electricity use during lockdown
Thousands of British homes will be paid to use electricity during the day for the first time, as wind and solar projects…
Two dozen electricity companies collapsed last year
More electricity companies went bust in 2019 than during any other year on record, according to new figures. Across the year, 24…
ACWA Power contributes SAR 50 million to support efforts in combating the COVID-19 pandemic
Kingdom of Saudi Arabia, Riyadh, April 6, 2020: In response to the preventive measures taken by Saudi leadership and official local authorities…