Tag : renewable energy

Germany shifts from electricity exporter to importer in 2024
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Germany shifts from electricity exporter to importer in 2024

manamalive.com
In 2024, Germany shifted from a net electricity exporter to importer, driven by rising demand, fossil fuel reductions, and nuclear phase-out, highlighting energy transition challenges....
OPEC Fund signs €50 million loan agreement with Montenegro
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OPEC Fund signs €50 million loan agreement with Montenegro

manamalive.com
OPEC Fund signs its first loan agreement with Montenegro, committing €50 million to bolster fiscal sustainability, climate action, and green projects, with support from the World Bank and AfD....
Drydocks World wins Ostwind 4 project to power two million homes
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Drydocks World wins Ostwind 4 project to power two million homes

manamalive.com
Drydocks World, in partnership with GE Vernova and 50Hertz, will deliver Germany’s Ostwind 4 project, connecting Baltic Sea wind farms to the grid with 2GW of renewable energy....
TERNA ENERGY’s 6GW expansion supported by Masdar’s €3.2 billion buy
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TERNA ENERGY’s 6GW expansion supported by Masdar’s €3.2 billion buy

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Masdar acquires 70% of TERNA ENERGY in a €3.2 billion deal, the largest on the Athens Stock Exchange, boosting Europe’s clean energy leadership....
Britain’s climate efforts boost ranking to third in global index
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Britain’s climate efforts boost ranking to third in global index

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Britain climbs to third globally in climate rankings, reflecting ambitious policies, including renewable energy and emissions targets....
Ratcliffe-on-Soar, Britain’s last coal plant, officially ceases operations
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Ratcliffe-on-Soar, Britain’s last coal plant, officially ceases operations

manamalive.com
Britain’s last coal-fired power plant, Ratcliffe-on-Soar, closed on Monday, ending over 140 years of coal-powered electricity and marking a key step toward renewable energy....
Azerbaijan to hold first COP29 energy forum for Central Asia
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Azerbaijan to hold first COP29 energy forum for Central Asia

manamalive.com
IRENA and Azerbaijan will host the first Central Asia Energy Transition Investment Forum in Baku in November, focusing on attracting investments for renewable energy projects....