Lisbon, 21 October, 2019: The first WindFloat Atlantic platform with the turbine fully installed has set off from the Spanish Port of Ferrol towards its final destination 20 km off the coast of Viana do Castelo in Portugal. Once at the final location, the three floating structures –stretching 30 metres…
Author: WoREA
A new form of energy storage – which uses massive weights in disused mine shafts – could store green energy more cheaply than batteries, an industry reports says. Edinburgh start-up Gravitricity has patented their multi-weight system, which uses up to 24 weights totalling 12,000 tonnes stacked in a mine shaft,…...
The Board of the European Investment Bank (EIB) today agreed EUR 8.4 billion of new financing. This includes support for new investment across Europe and around the world to improve sustainable transport, clean energy, social housing, telecommunications and water infrastructure. The EIB also approved EUR 3 billion of new support…
Millions of people will be needing home charge points for Electric Vehicles in the next few years. Only the UK’s first ever car charger comparison site, Rightcharge <<URL: https://www.rightcharge.co.uk>>, can help drivers choose the best home charge point and find the best installation rates in their area. Electric vehicles (EVs)…
With Wood Mackenzie revealing that the annual cost of operating and maintaining solar energy plants is set to double in the next five years, global energy recruitment expert, Samuel Knight International, has warned that there’s simply not enough workers ready to deliver this. According to the firm, the gap between…
The European Investment Bank (EIB) will provide a EUR 110m loan for the construction of a gas systems interconnection facility between Bulgaria and Greece (ICGB). The interconnector will also help establish a link with the Trans Adriatic Gas Pipeline (TAP), which runs from east to west through northern Greece. This will…
Seoul/Madrid/Oslo, 17 October, 2019 – WindPower Korea, EDP Renewables and Aker Solutions have formed a consortium with the ambition to develop an initial 500MW floating wind farm off the coast of Ulsan Metropolitan City in South Korea. The consortium was formed as EDP Renewables, one of the top wind energy…
Additional government support and continued trade links with Europe are needed to ensure the UK remains a global leader in the deployment of floating offshore wind, according to a new report. Floating wind turbines are designed to generate power in deep ocean waters, typically where turbines fixed to the ocean floor…
Interreg France (Channel) England Programme has approved the biggest ever Interreg project that will prove to be game-changing for the European tidal stream energy sector. The Tidal Stream Industry Energiser Project, known as TIGER, is an ambitious €46.8m project, of which €28m (69%) comes from the European Regional Development Fund…
The European Investment Bank (EIB) will finance Ingeteam’s innovative activities by providing a EUR 70m Innovation Loan under the Investment Plan for Europe. The goal of the agreement signed today in Bilbao is to support Ingeteam’s research, development and innovation (RDI) programme focused on developing new solutions to meet the needs…









