German

The UK’s watchdog found no competition concerns

As part of the deal, RWE is selling its 76.8% stake in innogy to E.ON

A £30 million agreement to build a clean transport laboratory in Coventry has been signed. Coventry University and German engineering service provider FEV inked the deal to spearhead research into advanced powertrain development over the next decade. Researchers and engineers will test and aim to improve the performance and emissions on a range of different […]

The first phase of a megaproject in Egypt has been inaugurated by German Chancellor Angela Merkel and Egyptian President Abdel Fattah El-Sisi. According to Siemens, each of the three power plants, located at Beni Suef, New Capital and Burullus, is set to become the biggest gas-fired combined cycle power station in the world. Together, they […]

Deutsche Bank has pledged to stop investing in coal projects in line with its commitment to the Paris climate agreement. The bank and its subsidiaries will not grant new financing for greenfield thermal coal mining and the construction of new coal-fired power plants, it said in a statement. It also aims to “gradually reduce” its […]

An E.ON offshore wind farm in the German North Sea has started producing power. Called Amrumbank West, it recently installed the last of the foundations for its 80 turbine towers and will be completed this year. The service centre where the operation and maintenance of the wind farm is monitored and managed has also been […]

A 288MW wind farm in the Baltic Sea has generated its first power which has been fed to the grid. German developer and operator EnBW’s Baltic 2 offshore wind farm is currently being built 32 kilometres north of the island of Rugen. So far, 60 out of the 80 turbines have been installed, with eight […]

Two German banks are backing a Swedish wind project by providing a loan worth €84.5 million (£72.6m) in total. The wind farm will initially have a total capacity of 84.6MW and include 36 turbines. KfW IPEX-Bank and Stockholm-based SEB AG will split the amount equally for the project, which will be located in the north […]

Power and gas demand in the UK rose to its highest levels last week but the system coped very well. That’s according to Sammy Blay, Client Portfolio Manager at npower’s Optimisation Desk in the weekly market report. He said the demand rose to levels not seen in about a year, which resulted in strong gains […]

German utility RWE Power is testing a system aimed at storing energy from wind generation. The Siemens-designed system, called electrolysis, will use excess energy generated by wind turbines to separate water into hydrogen and oxygen. The new technology, which is currently being built in the Coal Innovation Centre at the Niederaussem power-plant location, enables electric […]