Iberdrola-led group bids to build 3GW power line in Chile

If successful, the 1,500km electricity line will require more than $2.5bn of investment

Austria’s network reserve for electricity supply security granted EU approval

The temporary scheme, which will be in force until the end of 2025, will pay operators of power plants to help balance the electricity grid

British and Dutch investors snap up German offshore windfarm

The offshore wind farm has 66 turbines and will generate enough power for half a million homes