Tag Archives: Renewables

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EU’s Modernisation Fund disburses EUR 3.66 billion for clean energy projects in nine countries

Energy modernization projects in nine member states of the European Union will receive a total of EUR 3.66 billion from the Modernisation Fund, in the largest disbursement to date from the facility financed by carbon pricing revenues, according to a press release from the European Commission. The selected projects focus on renewable energy, grid upgrades, […]

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World’s largest sand battery commissioned in Finland

The world’s first industrial-scale sand battery has been commissioned in Pornainen, Finland. It will use surplus renewable energy to generate heat, which will then be supplied to the local district heating network. The sand battery, which delivers one megawatt of thermal energy and has a storage capacity of 100 megawatt-hours, was installed for the district […]