Next week, the EU Commission will present its response to the multi-billion US subsidy program for green technologies, the Inflation Reduction Act (IRA). Europe's program is called 'Net Zero Industry Act'. First details have emerged now.

Since the U.S. presented its green technology support package toward the end of last year, which has a pronounced focus on production in the domestic market, calls have been made for Europe to counter with a similar program. Numerous talks and attempts at mediation between the two industrial superpowers have taken place since then, but there seems to be no compromise so far. And so, next week, the EU Commission will present its own first draft to make Europe fit for the energy transition and net zero emissions by 2050.

According ...

The pace of renewable energy project deployment needs to move much faster to reach the 2050 net-zero target, according to the Energy Industries Council (EIC), the world’s leading energy trade association.

Renewables and ...

DNV, the independent energy expert and assurance provider, has completed a series of reports for the State of Maine’s Governor’s Energy Office for the Maine Offshore Wind Initiative. ...

The planned Net Zero Industry Act and changes to Europe’s Electricity Market Design must get all the details right, said energy CEOs.

Francesco Starace, CEO Enel: “The energy transition must accelerate if we ...

Despite a tumultuous year of 2022, the U.S. economy is now firmly on the clean energy transition path to drive down emissions and create economic opportunities, a new study says.

Despite a tumultuous year in 2022, the U.S. ...

Petrobras and Equinor signed a letter of intent that expands the cooperation between the two companies to assess seven offshore wind power generation projects in Brazil.

The two partners want to assess the technical, economic, and environmental feasibility of seven offshore wind power generation projects off the Brazilian coast with the potential to generate up to 14.5 GW. The Brazilian potential for offshore wind power generation brings promising opportunities for diversifying the country's energy matrix, Equinor said. Both ...

Sustainability is an integral part of the company strategy and one of the four corporate values of the Schaeffler Group.

Sustainability is an integral part of the company strategy and one of the four corporate values of ...

In this second and third PPA with Statkraft, CMC Poland secures a long-term price for renewable electricity produced in the period 2025-2034.

In this second and third PPA with Statkraft, CMC Poland secures a ...

GE Vernova, the company’s portfolio of energy businesses, is planned for a tax-free investment grade spin-off from GE sometime in early 2024. The portfolio includes Renewable Energy, Power, ...

Matthias Bockholt has decided not to renew his Managing Board contract, which expires at the end of July 2023. He is aiming for a position on the company’s Supervisory Board.

"After last year's expansion, the ABO ...

Qualitas Energy has won the auction for two wind projects in Germany.

Qualitas Energy, a global investment and management platform focused on renewable energy, energy transition, and sustainable infrastructure investment, ...

The Schaeffler Group’s revenue for the reporting period amounted to 15.8 billion euros. At constant currency, revenue was up 9.4 percent, exceeding the guidance.

Global automotive and industrial supplier Schaeffler presented ...

Supporting R&D plans focused on the implementation of innovative technologies, contributing to strengthening digitalisation processes, while cutting emissions to facilitate the energy transition: these are the aims of the new €120...

Alison Wilson, Director of Advancement and Alumni Engagement at the University of the Highlands and Islands, said: “This is a greatly welcome commitment from one of the most important renewable energy companies in the world."...

ECO-Adapt SAS offers innovative solutions for condition monitoring based on electrical signal analysis and systems for the optimization of energy consumption.

The global automotive and industrial supplier Schaeffler ...

The turbine was installed on a wooden mast.

The special feature in Bavaria is that the roof surface is the zero point here. This means that the wind turbine with a total height of 17 m ...

Prysmian Group has been awarded contracts worth approximately €1.8 billion in aggregate by the Dutch transmission system operator TenneT for the two grid connection projects IJmuiden Ver Alpha and Nederwiek 1....

Both bundles include API's Radian Plus Laser Tracker, which is known for its high accuracy and longrange measurement capabilities.

Both bundles include API's Radian Plus Laser ...

GE Renewable Energy announced today that it has been selected by Inikti as the supplier for the Otada wind farm in Lithuania, located near Sakiai city in the south west of the country.

GE Renewable Energy announced today ...

Qualitas Energy has acquired two wind projects in the country with a total capacity of 80 MW.

Qualitas Energy, a global investment and management platform focused on renewable energy, energy transition, and sustainable ...

Statkraft achieved record revenues and results in both the fourth quarter and the full year 2022, driven by high prices, stable operations, successful energy management and excellent market operations.

Volatile markets caused by ...

It's getting crowded on the global oceans, DNV predicts.

The collaboration between ocean industries will need to intensify for the rapid buildout of offshore wind and aquaculture to coexist sustainably with other ...

A new report shows that seabirds off the UK coast are better at avoiding wind turbine blades than previously thought.

The risk of birds colliding with wind turbine blades is sometimes used as an argument against the use of wind ...

Copenhagen Infrastructure Partners has entered into a framework agreement with Indian developer Viviid Renewables to develop more than 1.8GW of renewable energy projects in India with a primary focus on onshore wind...

In the 50Hertz grid area, the share of renewables in the annual consumption of electricity rose to a new high of 65% in 2022.

In the 50Hertz grid area, the share of renewables in the ...

GOWA is a new global organisation that brings together governments, the private sector, international organisations, and other stakeholders to accelerate the deployment of offshore wind power.

GOWA is a new global ...

This year, the renewable energy giant launches its biggest recruitment yet for their East Coast sites.

Across the UK, Ørsted has had 54 wind turbine technician apprentices ...