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Battery Storage Manufacturer Varta Restructured

New shareholders have provided troubled battery storage manufacturer Varta with fresh liquidity, securing long-term financing and significantly reducing debt.

Hamburg Repurposes Existing Gas Pipeline for Hydrogen Industry Network

An unused existing gas pipeline, fully suitable for hydrogen, will be integrated into Hamburg's hydrogen industry network, HH-WIN. This means less construction, around 18 million euros in savings, and fewer traffic disruptions.

Abo Energy Reports Profit for 2024

Abo Energy, a project developer, has released its 2024 business figures. The company made a profit and expects significantly increasing profits in the coming years.

Hydrogen: Waste or Fuel of the Future? Debate at PowerConnect Energy Summit

The PowerConnect Energy Summit sparked debate on hydrogen's role as a future energy source or an expensive byproduct.

Finland Phases Out Coal Ahead of Schedule

The closure of the Salmisaari power plant means Finland is achieving its national goal of phasing out coal four years ahead of schedule. According to the company Helen, this change not only reduces emissions and increases the country's energy independence but also helps lower electricity bills for Finns.

Nearly One Billion Zloty for Energy Communities

Łukasz Tomaszewski, Director of the Renewable Energy Sources Department at the Ministry of Climate and Environment, reported on the implementation of the 'Renewable Energy Installations by Energy Communities' program, with a budget of PLN 845 million from the National Recovery Plan. The program supports energy clusters and cooperatives involved in electricity generation and distribution.