Finland-Estonia gas interconnector gets €187m

The European Commission has signed a deal to invest €187 million (£166.43m) in a gas interconnector between Finland and Estonia. The Balticonnector is the first gas interconnector which links the two countries and will allow Finland to enter the rest of the EU market as it is currently largely dependent on a single supplier. The EU funding will […]

Estonian shale oil firm bags €35m to cut emissions

A shale oil processing company in Estonia has been given a loan worth €35 million (£27.4m) for projects aimed at reduce emissions. The cash will be used by Viru Keemia Grupp (VKG) to finance the construction of two fuel gas desulphurisation plants – which will remove sulphur dioxide (SO2) from the gas before it is […]

Estonia gets loan for emergency back-up power plant

Estonia has got a 15-year loan for finishing its back-up gas and liquid fuel power station. The European Investment Bank is lending €32 million (£26m) to the transmission system operator, Elering. Based in northern Estonia, Kiisa is the Baltic nation’s first emergency reserve power plant, previously it relied on back up generation from Latvia. Building […]

Estonia officially joins the IEA

Estonia has today officially become the 29th member of the International Energy Agency (IEA). The EU nation has completed the final step towards full membership, including emergency oil stocks, the IEA said. To meet a central requirement for full IEA membership, Estonia had to set aside emergency oil stocks equivalent to at least 90 days […]

Charity bringing solar light to typhoon-hit Philippines

An Estonian charity is to install 2,000 makeshift solar lights in the Philippines. The region is still recovering from the super typhoon Haiyan. Figures released this week put the death toll from the natural disaster at nearly 6,000. The lights are made from recycled plastic bottles, filled with water and a little bleach to keep […]