(IN BRIEF) EU Finance Ministers, acting as shareholders of the EIB Group, have endorsed a record €100 billion 2025 financing ceiling, boosting defence lending to 3.5 percent of the total and dedicating over €11 billion to grid and storage investments. … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Technology
Tagged Clean Industrial Deal, cleantech instruments, CleantechEU, counter-guarantees, defence financing, EIB Group, EIF guarantees, energy security, energy storage, EU Member States, European Investment Bank, European Investment Fund, financing ceiling, global partnerships, Katja Pluto, Nadia Calviño, NATO, power grids, PPAs, Rūdninkai military base, solar photovoltaics, TechEU, Temenuzhka Petkova, Ukraine trade, water infrastructure, wind turbine manufacturers, Zbyněk Stanjura
(IN BRIEF) Equinor’s Johan Castberg field reached its intended plateau production of 220,000 barrels per day on 17 June, just three months after its FPSO vessel began operations on 31 March. Seventeen wells are currently online and delivering as forecast. … Read the full press release
(IN BRIEF) Effective July 1, 2025, Schindler is refreshing its Group Executive Committee. Nitin Chalke—formerly Country Head for Schindler India—will step into the Asia Pacific role, succeeding Robert Seakins who is retiring after 22 years at the company. Chalke’s longstanding … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged appointment, Asia Pacific, Board of Directors, Carla De Geyseleer, Country Head India, Danilo Calabrò, Donato Carparelli, executive appointment, Group Executive Committee, Hugo Martinho, July 1 2025, leadership, leadership change, Matteo Attrovio, Meinolf Pohle, Nitin Chalke, Paolo Compagna, Patrick Hess, retirement, Robert Seakins, Schindler, Vikén Martarian
(IN BRIEF) Iberdrola España and Renfe have signed a 10-year VPPA to supply 370 GWh per year of onshore wind energy—equivalent to a 190 MW wind farm—granting Renfe long-term price stability and advancing Spain’s green transition. The pact will cut … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Spain, Technology, Transportation & Logistics
Tagged 10-year agreement, 370 GWh, Amazon, CO₂ reduction, David Martínez, electricity price stability, energy management roadmap, Iberdrola España, Iberdrola Group, industrial electrification, Marta Torralvo, Meta, Microsoft, onshore wind, partnership, Pexapark Renewables Market Outlook 2025, renewable energy transition, Renfe, sustainability, virtual power purchase agreement, VPPA, wind energy
(IN BRIEF) Heidelberg Materials inaugurated Brevik CCS—the cement industry’s first industrial-scale carbon capture and storage plant—at a ceremony attended by Crown Prince Haakon, Energy Minister Terje Aasland, and Dr Dominik von Achten. The facility will capture 400,000 tonnes of CO₂ … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Brevik CCS, carbon storage, CCUS, cement industry, CO₂ capture, Dr Dominik von Achten, Equinor, evoZero, Giv Brantenberg, H.R.H. Crown Prince Haakon, Heidelberg Materials, Longship programme, net-zero concrete, northern lights, Norway, partnership, Shell, sustainability, sustainable construction, Terje Aasland, TotalEnergies, Øygarden
(IN BRIEF) Safran Aircraft Engines and HAL have expanded their partnership with a new agreement at the Paris Air Show to produce rotating Inconel components for LEAP engines in India. Building on previous MoUs and contracts, this deal commits HAL … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, Marketing, Media, News, Security & Safety, Technology, Transportation & Logistics
Tagged 'Make in India', aerospace manufacturing, Bengaluru, CFM International, Dominique Dupuy, Dr. D K Sunil, global supply chain, Goa, HAL®, Hindustan Aeronautics Limited, Hyderabad, Inconel parts, joint venture, LEAP engine, M88 engine, MRO facility, Paris Air Show, partnership, Rafale, rotating components, Safran Aircraft Engines, single-aisle aircraft, sustainability
(IN BRIEF) Thales and Terma have entered into a Memorandum of Understanding to enhance strategic collaboration in the air, naval, and space domains. Signed at the Paris Air Show, the agreement is designed to reinforce European industrial and technological capabilities … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Denmark, Financial, France, Government, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged aerospace, air defence, Danish defence industry, defence innovation, Defence Technology, European defence cooperation, Henriette Hallberg Thygesen, industrial collaboration, international cooperation, Memorandum of Understanding, military partnerships, naval systems, Paris Air Show, partnership, Pascale SOURISSE, space systems, Terma, Terma Group, Thales, Thales Group
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