Daily Archives: 2, December 2024

Rough Gas Storage Facility Supports UK’s Winter Energy Needs with Record Fill and Increased Production

(IN BRIEF) Centrica’s Rough gas storage facility in the UK has played a vital role in meeting the country’s energy needs during the November 2024 cold snap, pumping 4.35 Bcf of gas into the National Transmission System, powering up to … Read the full press release

Rheinmetall and Lithuania Begin Construction of Advanced Ammunition Production Plant

(IN BRIEF) Rheinmetall and the Lithuanian government have begun construction of a new €180 million ammunition production facility in Baisogala, Lithuania, which will manufacture tens of thousands of 155mm artillery shells annually. The plant, set to start operations in mid-2026, … Read the full press release

Intesa Sanpaolo Unveils 2030 Decarbonization Targets for Key High-Emission Sectors

(IN BRIEF) Intesa Sanpaolo has announced its 2030 decarbonization targets for four high-emission sectors: Residential Real Estate, Agribusiness-Primary Farming, Cement, and Aluminium, completing its commitment to the Net Zero Banking Alliance (NZBA). The new targets, which build on previous objectives … Read the full press release

Evotec Announces Dr. Craig Johnstone’s Departure as Chief Operating Officer

(IN BRIEF) Evotec SE announced that Dr. Craig Johnstone, the company’s Chief Operating Officer, will step down on 31 December 2024. Dr. Johnstone joined Evotec in 2012 and held various leadership roles, including Global Head of Integrated Drug Discovery and … Read the full press release

Nordex Group Receives German Corporate Sustainability Award for Leadership in Renewable Energy

(IN BRIEF) Nordex Group has been honored with the German Corporate Sustainability Award, recognized as one of 100 industry pioneers for its ongoing contributions to sustainable energy solutions. The award was presented at the 17th German Sustainability Day in Düsseldorf … Read the full press release

Societe Generale Announces Senior Appointments in Finance Division, Appointing Robillard and Champarnaud to Key Roles

(IN BRIEF) Societe Generale has announced key appointments within its finance division, effective from 2 January 2025. Vincent Robillard will become Co-Head of Group Treasury and ALM, also assuming the role of Group Treasurer, succeeding Agathe Zinzindohoue, who is stepping … Read the full press release

E.ON’s H2-Bilanz Report Highlights Challenges and Progress in Germany’s Hydrogen Economy

(IN BRIEF) E.ON’s latest H2-Bilanz report highlights modest progress in Germany’s hydrogen economy, driven primarily by IPCEI funding, which has increased the share of hydrogen projects under construction or with investment decisions to 9% of the 2030 target capacity. Electrolysis … Read the full press release

Vodafone Recognized for Leadership in Responsible Sourcing of Conflict Minerals

(IN BRIEF) Vodafone has been recognized as a “Responsible Minerals Front-Runner” by Development International for its exemplary efforts in ethical sourcing of conflict minerals (3TG: tin, tantalum, tungsten, and gold). The company ensures that products such as routers, IoT devices, … Read the full press release

EIB and Naturgy Partner to Advance Renewable Energy with €1 Billion Loan Agreement

(IN BRIEF) The European Investment Bank (EIB) and Naturgy have signed the first €400 million tranche of a €1 billion loan to expand renewable energy capacity in Spain. The funding will support the creation of new solar and onshore wind … Read the full press release

EIB Grants €400 Million to Boost SMEs, Sustainability, and Economic Growth in Czech Republic and Slovakia

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in loans to Komerční banka and SG Equipment Finance Czech Republic (SGEF) to support small and medium-sized enterprises (SMEs) and Mid-Cap companies in the Czech Republic and Slovakia. The … Read the full press release

EESC Calls for European Action Plan on Rare Diseases to Improve Diagnosis and Treatment

(IN BRIEF) The European Economic and Social Committee (EESC) has called for a comprehensive European Action Plan on Rare Diseases by 2030, urging the EU and Member States to enhance cooperation and ensure equal access to diagnosis and treatment. At … Read the full press release

Webuild Highlights Contribution to Riyadh Metro and Global Infrastructure Leadership

(IN BRIEF) Webuild played a key role in the newly inaugurated Riyadh Metro, contributing to the development of its longest line, the Orange line (Line 3), part of a 176-kilometer automated network supporting Saudi Arabia’s Vision 2030. The metro improves … Read the full press release

Boehringer Ingelheim Launches EURICAN® L4 Vaccine to Combat Rising Leptospirosis Threat in Dogs

(IN BRIEF) Boehringer Ingelheim has launched EURICAN® L4, a new vaccine designed to protect dogs from leptospirosis, a potentially fatal disease spread through contaminated soil and water. Available in France and expanding across Europe in 2025, the vaccine targets four … Read the full press release

Vestas to Power RWE’s 900 MW Nordseecluster B, Advancing Germany’s Offshore Wind Ambition

(IN BRIEF) Vestas has secured a firm order to supply 60 V236-15.0 MW wind turbines for RWE’s Nordseecluster B offshore wind project in the German North Sea. This 900 MW project forms the second phase of the 1.56 GW Nordseecluster, … Read the full press release

Wienerberger Opens World’s Largest Electric Kiln for Sustainable Brick Production in Austria

(IN BRIEF) Wienerberger has opened a modernized brick plant in Uttendorf, Austria, featuring the world’s largest industrial electric kiln, powered by green energy sources like its photovoltaic system. The facility reduces production emissions by 90% and energy consumption by one-third. … Read the full press release