Tennet

Dutch transmission system driver Enexis is releasing 11 "e-house" substations in the north Netherlands, where grid capability for even more large solar as well as renewable resource projects is presently restricted. On the whole, the business stated it will certainly spend EUR43 million in the strategy "to quicken the power change."

The European Investment Bank (EIB) has actually earmarked EUR1 billion for tidy energy tasks in Europe and Central Asia as part of a larger EUR4.9 billion facilities, real estate, transportation and communications financing bundle.

Dutch system operator TenneT has announced that it will invest €215 million (US$237 million) to accommodate 2GW of solar and wind capacity towards the country's north.

Tennet needs more than €4.75 billion to invest in cross-border grid infrastructure between Germany and the Netherlands, as rising volumes of solar and wind are complicating network operations, said Dutch Finance Minister Wopke Hoekstra in a recent letter to the Dutch parliament, adding that the government may need to privatize the state-owned transmission system operator or sell off a stake in it.