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The European Investment Bank (EIB) is to support CEPSA’s commitment to reduce the environmental impact of its activities by financing a globally pioneering R&D project to increase the sustainability of its petrochemicals operations. To this end, the EU bank has granted a €60 million Investment Plan for Europe loan to…
London, 5 February 2020: Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, has acquired Arenales Solar PS, S.L., the owner of a 50 MW operational concentrated solar power (CSP) plant, from Pan- European Infrastructure Fund, managed by DWS, a global infrastructure asset manager. The Arenales project…
The ground-breaking ReFLEX Orkney project has passed the first stage gate review, enabling it to move from feasibility stage to demonstration. ReFLEX Orkney has successfully progressed through the first stage of the project, following a review meeting with UK Research and Innovation (UKRI) last month [January 2020]. Funded by UKRI…
MANCHESTER, 03 February 2020: Close Brothers Leasing continues to strongly grow its Energy book through the provision of a £70m facility to Conrad Energy for the development of gas peaking power plants with a combined installed capacity of 180MW. Peaking power plants run when there is high demand for…
Jan. 29, 2020 – Boulder, Colo. – A new report from Navigant Research analyzes the global wind power market to assess current and future development cycles and projections for new installed wind capacity. The report provides global market forecasts, segmented by region, through 2028. Global wind industry installations were flat…...
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by Felix Davey, Energy Saving Trust When you think of renewable energy, what comes to mind? Towering wind turbines, visible from miles around? Or rows and rows of solar panels, stretching as far as the eye can see? Renewable energy is certainly booming. Ten years ago, 7% of electricity in the UK…
Habitat Energy has announced today that it has successfully reached an agreement with the Gresham House Energy Storage Fund plc (the ‘Fund’) to optimize 74MW of Energy Storage System (ESS) projects in the UK. The multi-year agreements comprise three existing projects: a 20MW ESS in Wiltshire, a 5MW ESS in…
The Rems-Murr waste management company in Backnang-Neuschöntal in Baden- Württemberg has two new energy-efficient combined heat and power plants in which methane from biogas plants is co-incinerated. From 2023 onwards, they will emit five times less nitrogen oxide than today. On 23 October 2019, two new combined heat and power…
The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light & Power Company Limited (BLPC), the utility company on the Caribbean island of Barbados. The power plant will be supplied as an Engineering, Procurement and Construction…
Global law firm Norton Rose Fulbright has advised on an industry-first approach to streamline development and finance processes for solar PV projects. ‘Open Solar Contracts’, a collaboration between the International Renewable Energy Agency (IRENA) and The Terrawatt Initiative (TWI), provides freely available ‘open source’ standardised contract documentation, designed to simplify…

