Blog & News

UK green hydrogen company Protium has secured €46.6 million investment in its latest funding round led by SWEN Capital Partners. This is the largest funding secured for a pure play green hydrogen energy company in the UK to date.
  • June 15, 2022
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Members of the European Union Parliament voted to adopt new rules regarding CO2 emissions performance standards from the Fit for 55 in 2030 package, including a proposal to reach zero-emission road mobility by 2035.
  • June 13, 2022
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Ukrenergo is considering starting electricity exports to European countries as an opportunity to infuse the electricity market with additional liquidity and generate extra income. "Under martial law and active hostilities, the Ukrainian energy sector is struggling to maintain its pre-war financial indicators. Taking this into account, the start of electricity export could become an economically substantiated alternative to new borrowings and loans," the company said.
  • June 12, 2022
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Hrvatska Elektroprivreda (HEP), Croatia's state-owned electricity company has been granted a loan from commercial banks in the amount of €1 billion to finance the purchase of electricity, gas, coal and heat and purchase gas to be stored underground at Okoli.
  • June 11, 2022
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The German regulator for natural gas in the country has reported that German underground storage facilities for liquefied natural gas are currently 50.8% full. “Germany’s gas supply is still stable. Gas flows in Germany are at the usual level. The current UGS occupancy rate is 50.8 percent,” the regulator said.
  • June 10, 2022
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Toshiba America Energy Systems Corporation have announced that they have reached an agreement with American company Bechtel Power Corporation to collaborate on the delivery of steam turbines and generators for Poland's first nuclear power plant.
  • June 9, 2022
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The European Commission has proposed a deal to EU member states with Egypt and Israel to boost imports of natural gas from the eastern Mediterranean, according to a draft document dated June 7.
  • June 8, 2022
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Spain and Portugal have received EU approval to use a combined €8.55 billion of government funds to help lower input costs of fossil fuel-fired power stations and thus, energy bills.
  • June 5, 2022
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Estonian gas system operator Elering AS’s contractor, Connecto AS, has begun building the pipeline that will connect the planned floating five billion cubic metre per year Paldiski LNG terminal in Estonia to the regional Balticconnector natural gas network.
  • June 4, 2022
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The government of Lithuania has set aside an amount of €570 million to partially compensate its citizens for the sharp increase in gas and electricity prices.
  • June 3, 2022
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