The European Investment Bank has given its in-principle agreement to support the financing of Europe’s first home-grown gigafactory for lithium-ion battery cells, Northvolt Ett, in Sweden. Upon conclusion of a loan agreement, the financing would be supported by the European Fund for Strategic Investments (EFSI), the main pillar of the…

The “Energy Storage Market by Type – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023” report has been added to ResearchAndMarkets.com’s offering. The installed capacity in the global energy storage market is projected to reach 51,426.0 MW by 2023, the market growth is driven by substantial growth in the amount of renewable…

The European Investment Bank (EIB) has signed a SEK 1 billion (EUR 95 million) loan agreement with Rikshem AB (publ). The Swedish property developer and owner will use the long-term financing facility to renovate housing stock to higher energy efficiency standards. Most of the properties concerned are to be found…

By Julia Hamm

Do you want to learn about floating wind systems, key markets and expert-insights into how to commercialize floating technology? If yes – do not miss this free webinar… ‘Floating Wind: The Next Big Game’ Register for the webinar here now Date: Wednesday May 8 Time: 10am EST (3pm GMT)   Can’t make…

Siemens Gamesa Renewable Energy (SGRE) has become the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, with positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Siemens Gamesa has debuted in the public rating…

Nobody can deny that the demand of more energy is increasing on a global scale. Over the last two decades we’ve seen different solutions to tackle this issue where renewable energy stands out mainly because of the need to reduce the impact fuels have in global warming and air pollution.…

The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types of renewable generation, will contribute to the EU environmental objectives without unduly distorting competition. Commissioner Margrethe Vestager, in charge of competition policy, said:…

Governor Andrew M. Cuomo today announced that $280 million of support is available for energy storage projects to accelerate growth within the industry and drive down energy storage deployment costs to build a sustainable and affordable market. This funding, announced during Earth Week, is part of a $400 million investment…

Siemens Gamesa Renewable Energy was selected by EDF Renewables North America to supply turbines for the Coyote and Oso Grande projects, located in the United States. The deals further confirm the commercial success of the SG 4.5-145 and feature a service and maintenance agreement for Siemens Gamesa’s premium maintenance program,…