Energy Union invests €800 million for clean energy transition

The investment will be financed by the Connecting Europe Facility (CEF) and will mainly be devoted to energy generation. The European Commission has reportedly announced an €800 million investment to support energy infrastructure projects under the trans-European infrastructure development program. Confirming the move, the commission said that …

ESB and Parkwind to kickstart the 330 MW Oriel offshore windfarms

The total cost of the Oriel windfarm project is anticipated to be around €700 million. ESB, Ireland’s state-owned utility and Belgian offshore wind developer Parkwind have reportedly reached an agreement to kickstart the offshore wind generation project in the Irish Sea. Apparently, the move marks …