Monday, August 8

Tag: Germany

Petersberg Climate Dialogue: Germany rejects delaying climate action
News

Petersberg Climate Dialogue: Germany rejects delaying climate action

The German foreign minister has called climate change the "greatest security challenge of all time" and stressed that it acts as a catalyst for other crises. German Foreign Minister Annalena Baerbock has rejected the notion of cutting back on climate change targets despite the energy and food security crisis, speaking at the end of the Petersberg Climate Dialogue in Berlin on Tuesday. Despite geopolitical tensions fueled by the Russian invasion of Ukraine, she reiterated the importance of cooperation and trust among the global community to combat climate change so as to not further delay crucial climate action. What was on the agenda at the 13th Petersberg Climate dialogue? Representatives of 40 different nations met in Berlin to discuss how to combat climate change in prepa...
Germany’s Uniper takes out €2bn loan as largest buyer of Russian gas pushed to brink – live updates
News

Germany’s Uniper takes out €2bn loan as largest buyer of Russian gas pushed to brink – live updates

German gas giant Uniper has been forced to take out an emergency €2bn (£1.7bn) loan as it battles for survival amid an escalating energy crisis. The company, which is Europe’s largest buyer of Russian gas, agreed the credit facility with state-owned lender KfW Group. It said the step had been taken “in reaction to continuing supply disruptions of Russian gas and the associated developments on the energy markets and exchanges”. It comes amid negotiations with the German Government after Uniper said it needed to be bailed out by the state. Germany is racing to refill gas storage sites amid fears of blackouts and rationing this winter if Putin turns off the taps. Fears are mounting that supplies won’t be restored after current maintenance work on the Nord Stream pipeline is comple...
Intel Bets 17 Billion Euros on a Tech Revival in Eastern Germany
Tech

Intel Bets 17 Billion Euros on a Tech Revival in Eastern Germany

The company is building a new semiconductor factory in the city of Magdeburg, but skeptics abound. This article is the fourth in an occasional series about the New Geography of Technology. You can read the first installment on Milan here, the second on the new U.S. tech economy here, and the third on Tel Aviv here. Magdeburg knows a few things about comebacks. The East German city was destroyed three centuries ago during the Thirty Years’ War and then rebuilt into a flourishing industrial center. At the end of World War II, allied bombs pulverized its baroque facades, but Magdeburg reinvented itself as a center of heavy machinery, only to fade again after reunification. Now the city, a two-hour drive west of Berlin, is plotting its latest revival, this time with the help of semico...
Volkswagen expands EV components production in Germany
Tech

Volkswagen expands EV components production in Germany

Volkswagen Group Components are expanding EV parts production at the Braunschweig plant in Germany. They target making 800,000 battery systems for the Group’s MEB and plug-in hybrid vehicles a year there once the factory is further geared up. VW Group Components considers the Braunschweig site a competence centre within the Volkswagen Group “thanks to its many years of expertise in development, planning and production” of battery systems. Apart from the target of 800,000 battery systems per year in future, today’s statement left out further details on the conversion’s exact scope or timing. Preparations for the future SSP platform have also already begun. The ‘Scalable Systems Platform’ is Volkswagen’s next-gen electric, digital and highly scalable vehicle platform on which the Group...
Germany says it has no good alternatives to Russian energy — but not everyone is convinced
Economy

Germany says it has no good alternatives to Russian energy — but not everyone is convinced

Arshak Makichyan, Russian environmental activist and violinist, plays his violin while two young environmental activists next to him hold banners reading 'Oil, Gas, Coal = War' and 'Stop Fuelling the War and Terror' in front of the Russian embassy in Berlin, Germany on May 6, 2022. "We're now on alert stage two," said German Ambassador to Canada Sabine Sparwasser. "People are asked to change heating systems, people are asked to cut down on their consumption. And our energy ministry even said you can cut down on the shower time." Last month, Russia reduced the flow of gas through the Nord Stream One pipeline by 60 per cent. Right now, the flow is shut off completely for a maintenance period that ostensibly ends on July 21. A week ago, the government of Prime Minister Justin Trudeau...
Germany Breaks Solar Record as Heat Wave Sears Western Europe
Economy, Western

Germany Breaks Solar Record as Heat Wave Sears Western Europe

Germany produced a record amount of electricity from solar on Sunday and is set to exceed that again on Tuesday as a heatwave grips Europe. About 38,174 megawatts were generated from solar panels on Sunday and high levels are expected through Wednesday. A fresh record is possible on Tuesday, with a maximum 38,190 megawatts forecast. A brutal heatwave is moving into western Europe, baking many areas. Temperatures are set to peak on Tuesday and Wednesday in Germany as the heat begins to ease elsewhere, according to state forecaster DWD. The extreme temperatures are sparking wildfires in Spain, France and Greece. “Historic heat is forecast to take hold of parts of western Europe this week, where all-time record high temperatures could be recorded,” Maxar Technologies LLC said in...
Martina Voss-Tecklenburg praises Germany’s ‘very solid’ performance after win
Sports

Martina Voss-Tecklenburg praises Germany’s ‘very solid’ performance after win

The eight-time champions made a string of unsuccessful attempts on goal before going in front in the 40th minute. Germany boss Martina Voss-Tecklenburg praised Alexandra Popp and a “very solid” performance from the team after they wrapped up their Euro 2022 group games with a 3-0 victory over Finland in Milton Keynes. The eight-time champions, who had already qualified for the quarter-finals as Group B winners after beating Denmark 4-0 and Spain 2-0, made a string of unsuccessful attempts on goal at Stadium MK before going in front in the 40th minute via Sophia Kleinherne’s header. Germany skipper Popp then notched her third goal of the tournament with a 48th-minute header, and substitute Nicole Anyomi subsequently added a strike just after the hour mark. There has been a hea...