Energy

German renewables firm PNE says Morgan Stanley no longer pursuing stake sale

  • January 27, 2023 08:23 PM CET | Reuters
 German renewables firm PNE says Morgan Stanley no longer pursuing stake sale

287 BERLIN (Reuters) - Morgan Stanley's infrastructure investment arm informed the board of German renewables firm PNE AG that it is no longer pursuing talks with potential buyers of Photon's PNE stake,

Read More...

EU urges European banks to step up funding for critical minerals

EU urges European banks to step up funding for critical minerals

  • January 25, 2023 05:01 PM CET | Reuters

LONDON (Reuters) - European Commissioner Thierry Breton urged European financiers this week to provide more funding to suppliers of minerals needed for the energy transition, as the European Union

Read More...
RWE beats own outlook with preliminary 2022 results

RWE beats own outlook with preliminary 2022 results

  • January 25, 2023 04:32 PM CET | Reuters

FRANKFURT (Reuters) - RWE , Germany's biggest electricity provider, on Wednesday released preliminary full-year profit for 2022 that came in above its forecast range, benefiting from the increased use

Read More...
Germany's economic situation to brighten from spring - econ ministry

Germany's economic situation to brighten from spring - econ ministry

  • January 25, 2023 03:53 PM CET | Reuters

(Adds Habeck quotes) BERLIN, Jan 25 (Reuters) - The situation in Europe's biggest economy is expected to improve over the course of the year from spring onwards, the German economy ministry said on

Read More...
Germany's economic situation to brighten from spring - ministry

Germany's economic situation to brighten from spring - ministry

  • January 25, 2023 03:13 PM CET | Reuters

BERLIN, Jan 25 (Reuters) - The situation in Europe's biggest economy is expected to improve in the course of the year from spring onwards, the economy ministry said on Wednesday. If a recession should

Read More...
Siemens Gamesa's Shareholders Meeting Approves Delisting Of All Co. Shares From Spanish Stock Exchange

Siemens Gamesa's Shareholders Meeting Approves Delisting Of All Co. Shares From Spanish Stock Exchange

  • January 25, 2023 02:39 PM CET | Reuters

Jan 25 (Reuters) - Siemens Gamesa Renewable Energy SA : * SHAREHOLDERS MEETING APPROVES DELISTING OF ALL SHARES REPRESENTING OF COMPANY'S SHARE CAPITAL ON BARCELONA, BILBAO, MADRID AND VALENCIAN STOCK

Read More...
Germany's electricity price cap to cost 14.5 billion eur until May - document

Germany's electricity price cap to cost 14.5 billion eur until May - document

  • January 24, 2023 05:09 PM CET | Reuters

BERLIN (Reuters) - Germany plans to spend 14.5 billion euros ($15.75 billion) to finance its electricity price cap until May, a government document seen by Reuters showed, as part of a relief package

Read More...
Germany won't reallocate energy crisis funds - finance minister

Germany won't reallocate energy crisis funds - finance minister

  • January 24, 2023 11:25 AM CET | Reuters

BERLIN (Reuters) - Germany might not use the full 200 billion euros ($217.50 billion) earmarked for the government's response to the energy crisis, Finance Minister Christian Lindner said, while

Read More...
German consumer sentiment consolidates upward trajectory -GfK

German consumer sentiment consolidates upward trajectory -GfK

  • January 24, 2023 09:26 AM CET | Reuters

BERLIN (Reuters) - German consumer sentiment is set to improve for a fourth consecutive month in February as energy prices fall, a GfK institute survey showed on Tuesday. The institute said its

Read More...
Uniper names Jutta Doenges new CFO

Uniper names Jutta Doenges new CFO

  • January 20, 2023 08:08 PM CET | Reuters

(Adds background details) By Emma-Victoria Farr FRANKFURT, Jan 20 (Reuters) - German energy company Uniper has appointed Jutta Doenges as its new chief financial officer, it said on Friday. Doenges

Read More...
Germany publishes plans to hit 30 GW offshore wind target in 2030

Germany publishes plans to hit 30 GW offshore wind target in 2030

  • January 20, 2023 04:40 PM CET | Reuters

FRANKFURT (Reuters) - Germany on Friday said it has drawn up new development plans for offshore wind turbine sites to reach a target for 30 gigawatts (GW) of installed wind power capacity by 2030. The

Read More...