Daily Archives: 2, December 2025

Siemens Mobility and Sporveien Launch Norway’s First CBTC System to Expand Oslo Metro Capacity and Support Zero-Emission Goals

(IN BRIEF) Siemens Mobility and Sporveien have officially brought Norway’s first CBTC-based metro signalling system into passenger service on a three-kilometre section of the Oslo Metro. The €270 million upgrade will replace all legacy signalling on the 86-kilometre network and … Read the full press release

Early Start-Up of Congo LNG Phase 2 Expands Production Capacity and Positions Eni for First LNG Export in 2026

(IN BRIEF) Eni has begun Phase 2 of the Congo LNG project ahead of schedule following the arrival of the Nguya FLNG unit and the introduction of gas into the new offshore system. The expanded configuration includes three production platforms, … Read the full press release

Launch of Qivalis Marks Major Step Toward a Euro-Backed Stablecoin as BNP Paribas Enters Ten-Bank Initiative

(IN BRIEF) BNP Paribas has become the tenth member of a European banking consortium developing a MiCAR-compliant euro-backed stablecoin through a newly created Netherlands-based entity, Qivalis. The initiative aims to strengthen Europe’s digital payment capabilities, provide a secure on-chain alternative … Read the full press release

EIB and AfDB Back Major Expansion of Cabo Verde’s Cabeólica Wind Project to Boost National Clean-Energy Supply

(IN BRIEF) Cabo Verde has inaugurated new wind turbines and a major battery storage system as part of the expansion of the long-established Cabeólica renewable energy project. Supported by more than €39 million in new financing from the European Investment … Read the full press release

New EIB Financing Boosts Ocean Winds’ 390 MW BC-Wind Development and Strengthens Poland’s Renewable Energy Transition

(IN BRIEF) The European Investment Bank has committed €600 million to the 390 MW BC-Wind offshore wind farm developed by Ocean Winds, becoming the project’s largest lender and reinforcing its deep involvement in Poland’s renewable energy expansion. Scheduled to begin … Read the full press release

Strategic Agreement Between EIB and Crédit Agricole CIB Expands Access to Wind Sector Financing to Accelerate EU Renewable Targets

(IN BRIEF) The European Investment Bank and Crédit Agricole CIB have signed a major risk-sharing agreement to boost wind energy investment across the European Union. The EIB will provide a €500 million counter-guarantee that will enable Crédit Agricole CIB to … Read the full press release

EIB Approves €300 Million Financing Programme to Advance Prysmian’s European R&D for Energy and Digital Networks

(IN BRIEF) The European Investment Bank has approved a €300 million financing package for Prysmian, with the first €200 million tranche now signed, to support the company’s European R&D activities from 2025 to 2028. The funding will accelerate development of … Read the full press release

EIB Provides €40 Million Loan to Prodrive Technologies to Accelerate European High-Tech R&D and Strengthen Strategic Industrial Capacity

(IN BRIEF) The European Investment Bank has signed a €40 million loan agreement with Prodrive Technologies to boost the Dutch company’s research and development efforts in electronics for semiconductors, medical technology, energy systems, and automotive applications. The investment will help … Read the full press release

New EIB–Angelini Ventures Partnership Strengthens Europe’s Innovation Ecosystem with Major Funding for Emerging Health Technologies

(IN BRIEF) The European Investment Bank and Angelini Ventures have signed a €150 million funding agreement to support early- and growth-stage European startups in biotechnology, medical technology, and digital health. Each partner will invest €75 million over six years in … Read the full press release

New Joint Agreement Strengthens TotalEnergies–TES Partnership and Positions Live Oak as a Key Source of Carbon-Neutral Gas for Japan

(IN BRIEF) TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have entered a Joint Development and Operating Agreement for the Live Oak e-NG project in Nebraska, giving the Japanese partners a collective 33.3% stake. TotalEnergies and TES each retain 33.35%. … Read the full press release

Groupe BPCE Signs 20-Year Agreement with H2air to Source Renewable Electricity from the Bleuets Wind Farm

(IN BRIEF) Groupe BPCE has signed a 20-year Corporate Power Purchase Agreement with renewable energy producer H2air for electricity from the seven-turbine Bleuets wind farm in Hauts-de-France. Beginning January 1, 2026, the agreement will supply an estimated 49 GWh of … Read the full press release

EDF Expands Smart Charging Access to myenergi zappi and Hypervolt Drivers to Boost Savings and Off-Peak Flexibility

(IN BRIEF) EDF has expanded its Smart Charging service to support myenergi zappi and Hypervolt EV chargers, giving more electric vehicle owners access to off-peak charging rates throughout the day. Customers on the GoElectric or EVolve tracker tariffs can now … Read the full press release

New Joint Venture Adura Unifies Equinor and Shell’s UK Offshore Operations to Strengthen Long-Term North Sea Competitiveness

(IN BRIEF) Equinor and Shell have combined their UK offshore oil and gas activities to create Adura, a jointly owned company that is now the largest independent producer in the UK North Sea. Led by CEO Neil McCulloch, Adura inherits … Read the full press release

RWE Advances £200 Million Pembroke Battery Storage Project to Strengthen UK Grid Flexibility and Support Wales’ Net Zero Goals

(IN BRIEF) RWE has taken the final investment decision on its £200 million Pembroke Battery Storage project, the company’s largest UK storage development to date and a cornerstone of the Pembroke Net Zero Centre in South Wales. The project, which … Read the full press release

Elmos Showcases Advanced Semiconductor Technologies for Smarter, Safer, and More Efficient Vehicles at CES 2026

(IN BRIEF) Elmos Semiconductor SE will present an extensive lineup of new semiconductor technologies at CES 2026, demonstrating how its innovations enhance vehicle efficiency, safety, comfort, sensing, and cybersecurity. Key exhibits include thermal management systems that improve EV range, advanced … Read the full press release

Upgraded DSE Platform Delivered by HENSOLDT to Strengthen Bundeswehr’s Secure Mission IT Capabilities

(IN BRIEF) HENSOLDT has delivered the final components for the regeneration of the German Armed Forces’ Distributed Deployment Server Platform, concluding a modernization effort that began in September of the previous year. The deliveries included transport and operating containers, environmental … Read the full press release

Siemens Mobility Recognizes Schaeffler for Advanced Axlebox Bearings That Enable Record-Setting Velaro Novo Performance

(IN BRIEF) Siemens Mobility has presented Schaeffler with its 2025 Supplier Award in the “Moving Beyond” category, recognizing collaborative development of a new generation of axlebox bearings for high-speed railway applications. Designed for inboard-mounted powered wheelsets, the bearings incorporate advanced … Read the full press release

Comprehensive Electrification Portfolio and New REEV Generator Module Demonstrate Schaeffler’s Innovation Strength in E-Mobility

(IN BRIEF) Schaeffler will present an extensive range of electrification technologies at the CTI Symposium in Berlin, featuring solutions that span mechanical components, systems, software, and advanced controls for electrified powertrains. A key highlight is the company’s new highly integrated … Read the full press release

GEA and Hovione Strengthen Partnership with Next-Generation CDC Flex System for More Agile and Cost-Efficient Tablet Production

(IN BRIEF) GEA and Hovione have expanded their long-term partnership with the introduction of the ConsiGma® CDC Flex, an advanced platform designed to bring new levels of flexibility, efficiency, and usability to continuous direct compression. The system, unveiled at the … Read the full press release

Dürr Establishes Dürr Systems Italy to Streamline Production Technologies and Reinforce Group Strategy in the Automotive and Industrial Sectors

(IN BRIEF) Dürr has merged its Italian subsidiaries CPM S.p.A. and Olpidürr S.p.A. to form Dürr Systems Italy S.p.A., a unified entity focused on final assembly and painting technologies. Effective December 1, 2025, the new organization operates from Milan and … Read the full press release