GE Energy, world’s leading suppliers of power generation and energy delivery technologies, has welcomed the UK Government’s publication of the Electricity Market Reform (EMR) proposals, which focus on modernising the UK’s energy system and driving low carbon technology investments. The proposal will help cut the UK greenhouse gas emissions by 80% by 2050. According to … Read more
Reforms aimed at moving the UK to the front of the global race for electricity investment, driving the growth of clean energy industries in the UK, and ensuring the best possible deal for consumers have been proposed by the British Government. The Department of Energy and Climate Change and HM Treasury have together launched consultations … Read more
NI Water has opened a new £23 million wastewater treatment works at Antrim. The project, which is designed to cater for a population of 87,000, included the upgrading of the facility and improving the wastewater infrastructure in Antrim and the surrounding area including parts of Crumlin, Randalstown and Templepatrick. The facility has been designed to … Read more
Gaelectric, the Irish renewable energy group, has received planning approval for a 15 Megawatt (MW) wind farm at Inishative, near Pomeroy, in County Tyrone. The wind farm development will consist of six wind turbines with a maximum hub height of 64 metres and a maximum blade diameter of 71 metres, and will be capable of … Read more
Shannon based Smart Grid technology company FMC-Tech has been selected as a partner of GE as part of GE’s $200 million global ecomagination Challenge: Powering the Grid. The Challenge, launched on July 13th, 2010, was created to find and fund ideas to accelerate the development and deployment of power grid technology. In this first round … Read more
The European Commission has presented its energy infrastructure priorities for the next two decades, aimed at making networks fit for the 21st century. In the Communication, the Commission defines EU priority corridors for the transport of electricity, gas and oil. This map of priorities will serve as a basis for future permit granting and financing … Read more
Energia, a member of the Viridian Group, has achieved financial close for its Eur72 million investment in 51 megawatts of electricity capacity in new wind farms at Crigshane and Church Hill in County Tyrone. The development forms part of Energia’s all-island renewable energy plans. Energia has completed Eur65 million in non-recourse project financing with Nord/LB … Read more
A £70 million investment fund to secure Scotland’s place at the forefront of the global offshore wind industry has been announced by the Scottish Government. The National Renewables Infrastructure Fund – to strengthen port and manufacturing facilities and supply chain provision for manufacturing offshore wind turbines and related components – will leverage significant private sector … Read more
Findings from a new survey show that, despite the difficult conditions of the last 18 months, renewable energy deal-making has remained remarkably robust and is expected to dramatically increase in the next 12 month Commissioned by Rodl & Partner, the leading independent professional services firm, and carried out by mergermarket, the comprehensive overview of the … Read more
Scotland’s renewable electricity target for the next decade is being raised from 50% to 80%. First Minister Alex Salmond has confirmed the Scottish Government’s increased national target – now 80% of Scottish electricity consumption to come from renewables by 2020 – ahead of a major international conference – Scottish Low Carbon Investment Conference – next … Read more