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Loss-making venture led by Amit Gudka eyes continent as countries move towards using renewable powerThe co-founder of collapsed energy supplier Bulb is planning to expand his loss-making battery storage venture into Europe as the energy crisis escalates.Amit Gudka hopes to develop Field Energy, the business he set up after leaving Bulb in February 2021, on the continent as countries attempt to swi (...) mehr ...

German billionaire restores Minsk cafe in Potsdam as showpiece of socialist realist architectureFor almost three decades it appeared to have been consigned to the scrap heap of history, a relic of East German communism considered as redundant and unsightly as the Berlin Wall and destined to fall victim to the wrecking ball.But a former terrace cafe in the city of Potsdam, just west of Berlin, is b (...) mehr ...

Prime minister-to-be makes first speech since Sunday’s election and after Germany refused to back a European cap on gas priceGiorgia Meloni, who is poised to become Italy’s next prime minister, has promised to put national interests first in tackling soaring energy costs as she made her first public outing since her Brothers of Italy party won the most votes in the country’s national electio (...) mehr ...

Finance minister announces €200bn fund to protect citizens from rising gas prices driven by Russia’s war in UkraineGermany’s finance minister has vowed that he will not follow the UK “down the path of an expansionary fiscal policy” as his government announced a €200bn (£177bn) fund designed to protect consumers and businesses from rising gas prices driven by Russia’s war in Ukraine. (...) mehr ...

MI5, Royal Navy and RAF could be called upon to provide support for industry if situation escalatesBritish authorities are taking “precautionary” steps to ensure UK oil rigs are not vulnerable to interference after drones were spotted near Norwegian rigs and the Nord Stream pipelines were damaged.Executives in the energy industry are coordinating efforts with government agencies to assess secu (...) mehr ...

Descending up to 40 meters beneath the Baltic Sea, the world's longest immersed tunnel will link Denmark and Germany, slashing journey times between the two countries when it opens in 2029. mehr ...

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