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Lichtblick

Eneco, Corre Energy partner on compressed air energy storage project

Corre Energy, a Dutch long-duration energy storage specialist, has partnered with utility Eneco to deliver its first compressed air energy storage (CAES) project in Germany. Eneco will acquire 50% of the project.

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Eon plans to take majority share in Innogy

Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.

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