Bloomberg Electricite de France (EDF) and its Canadian and German partners have finalised the funding of a 2 billion euro ($2.23 billion) offshore wind project, allowing construction to start in the English Channel. EDF, Enbridge Inc and Wpd AG plan to commission the 500-megawatt wind farm in 2023, the companies said in a statement on Tuesday. The facility near the …

Bloomberg China boosted its clean energy targets for 2020 and said it would for the first time formally monitor whether provinces meet their goals or not. Nationwide, the country is targeting 28.2% of electricity generation to come from renewable sources, up 0.3 percentage points from last year, the National Development and Reform Commission (NDRC) said. Non-hydro sources are expected to …

Bloomberg The UK is considering a plan to allow unhindered flights from countries with a low risk of spreading coronavirus as pressure mounts on ministers to scrap controversial quarantine plans. Arrivals in Britain will have to self-isolate for 14 days under rules to be introduced on June 8, which travel executives warn could devastate their industry. The restrictions are due …