(IN BRIEF) National Grid has connected the UK’s largest battery storage system, the 300MW Thurrock Storage project developed by Statera Energy, to its transmission network at Tilbury substation in Essex. With 600MWh of capacity, the facility can power up to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged battery energy storage, BESS, clean power, Cleve Hill Solar Park, coal to clean energy, energy transition, grid stability, John Twomey, London, national grid, renewable energy, Solar, south east England, Statera Energy, sustainability, Thurrock Flexible Generation, Thurrock Storage, Tilbury substation, Tom Vernon, UK Electricity Network, Wind
(IN BRIEF) On 26 March 2025, the European Investment Fund (EIF) pledged €70 million to the Nordic Environment Finance Corporation (Nefco) under the InvestEU programme, marking a significant step in financing sustainable growth across the Nordic region. The guarantee will … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Iceland, Investment, Luxembourg, Norway, Small Business, Sweden, Technology
Tagged circular economy, clean power, Climate Action, EIF, energy savings, European Investment Fund, financing gap, green financing, InvestEU programme, low-carbon economy, Mid-Caps, NEFCO, Nordic Environment Finance Corporation, Nordic SMEs, sustainability, sustainable economic growth, Thomas Östros, Trond Moe
(IN BRIEF) The power sector is undergoing a vital transformation to meet climate goals by shifting towards carbon-free electricity production. The European Bank for Reconstruction and Development (EBRD) is actively contributing to this transition through its Renewable Energy Programme, particularly … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Azerbaijan, Bulgaria, clean power, EBRD, fossil fuels, Fuels Transition, MOLDOVA, Montenegro, partnership, renewable energy, Romania, sustainability
(IN BRIEF) The UK Department for Energy Security and Net Zero has released new statistics showing that renewables generated a record-breaking amount of electricity in 2022, surpassing fossil fuels for the second consecutive year. Renewable sources accounted for 41.5% of … Read the full press release
Posted in Energy, Gas & Oil, Environment, United Kingdom
Tagged clean power, Dan McGrail, electricity, fossil fuels, Offshore wind, renewables, RenewableUK
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