Daily Archives: 30, November 2024

RWE’s Sofia Offshore Wind Farm Delivers £760M Economic Boost and Community Impact

(IN BRIEF) RWE’s Sofia Offshore Wind Farm, located on Dogger Bank off England’s northeast coast, is set to deliver £760 million in economic value during its development and construction phases, including significant contributions to Yorkshire, Humber, and the North East. … Read the full press release

Landsvirkjun and ENERCON Partner to Build Iceland’s First Large Wind Farm

(IN BRIEF) Landsvirkjun, Iceland’s state-owned energy provider, has partnered with ENERCON to construct the country’s first large-scale wind farm. The project will feature 28 E-138 EP3 turbines, generating 120 MW of capacity across 17 square kilometers in Búrfell, south of … Read the full press release

QIAGEN Expands QIAstat-Dx Operations with New Innovation Hub in Barcelona

(IN BRIEF) QIAGEN is investing in a new innovation hub in Esplugues de Llobregat, Barcelona, to enhance its QIAstat-Dx syndromic testing platform. Opening in 2026, the 8,000-square-meter site will house operations across research, manufacturing, and regulatory functions, focusing on advancing … Read the full press release

Alstom Celebrates the Launch of Riyadh Metro, Advancing Saudi Arabia’s Vision 2030

(IN BRIEF) Alstom has celebrated the launch of the Riyadh Metro, a major project supporting Saudi Arabia’s Vision 2030. Spanning 176 kilometers with six lines, 85 stations, and seven depots, the metro aims to transform urban mobility by reducing traffic … Read the full press release

Exolum Introduces H2ROAD to Lead Hydrogen Logistics and Drive Global Decarbonisation

(IN BRIEF) Exolum has launched H2ROAD, a new business line dedicated to providing integrated hydrogen logistics solutions across the entire value chain, from production to delivery. The initiative includes developing infrastructure for hydrogen compression, storage, transport, and supply, tailored to … Read the full press release

EIB Supports University of Latvia with €25 Million Loan for Green Campus Development

(IN BRIEF) The European Investment Bank (EIB) has provided a €25 million loan to the University of Latvia to support the third phase of its campus development in Riga. This phase includes constructing the “House of Health,” featuring research and … Read the full press release

EIB Partners with Caixa Geral de Depósitos to Boost Strategic Investments in Portugal

(IN BRIEF) The European Investment Bank (EIB) has provided a €150 million guarantee to Caixa Geral de Depósitos (CGD) to enhance financing for mid-cap companies and public entities in Portugal, aiming to generate up to €420 million in new investments. … Read the full press release

EIB and InvestEU Back Nortegas with €80 Million to Boost Biomethane and Green Energy in Spain

(IN BRIEF) The European Investment Bank (EIB), with support from the InvestEU programme, has provided €80 million in financing to Nortegas Group for the development of biomethane plants and a digital operations centre in Spain. These projects aim to produce … Read the full press release

EU and EIB Launch €160 Million Green Investment Initiative to Boost Serbian SMEs and Jobs

(IN BRIEF) The European Union, in partnership with EIB Global, Banca Intesa, and Intesa Leasing, has unveiled a €160 million financial package to support Serbian small and medium-sized enterprises (SMEs) and mid-sized companies. This initiative will fund green projects, renewable … Read the full press release

Zeewolde Wind Farm Partners with Rabobank and Eneco to Deliver Community-Owned Battery Park

(IN BRIEF) Zeewolde wind farm has partnered with Rabobank and Eneco to advance the construction of a large-scale battery park with a 65 MWh capacity, set to be among the largest in the Netherlands. Rabobank will fund the project through … Read the full press release