05 April 2024
05 April 2024
The EU’s domestic solar market has been decimated over the past decade by an influx of cheap, heavily subsidised Chinese solar panels.
The collaboration between X-Energy and Cavendish Nuclear aims to establish a 12-reactor plant in Hartlepool.
German economy minister Robert Habeck said the plants were now “neither necessary nor economical”.
The nuclear power plant is being constructed by Russian state-owned company Rosatom.
These are RWE's first exclusive development rights for offshore wind in the country since the company opened an office in Seoul in 2021.
Construction on the wind farm could begin by 2028 and operations by 2030.
The acquisition grants UEG rights over sites between Simeonovgrad and Polyanovo.
The Danish investment company and Elgin's retained management will jointly invest £250m (DKr1.72bn) in the Irish solar developer.
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