Search Results for: energy efficiency

GIGA Storage and TenneT Launch Pioneering Time-Based Grid Contract to Boost Energy Efficiency

Posted on 27, August 2024 by

(IN BRIEF) GIGA Storage and TenneT have signed the first-ever time-based grid connection contract, allowing GIGA Storage’s 300 MW battery project, GIGA Leopard, to efficiently connect to the electricity grid in Delfzijl, Netherlands. This innovative contract, part of a national … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News

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Ericsson and Telcaria Collaborate to Enhance Energy Efficiency in 5G Networks

Posted on 29, May 2024 by

(IN BRIEF) Ericsson and Telcaria have joined forces to improve the energy efficiency of 5G networks as part of the ‘6G DAWN’ project overseen by CTTC and funded under Spain’s government initiatives. Focused on optimizing private 5G networks for reduced … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Sweden, Technology, Telecom

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EBRD Invests €25 Million in Vilnius Residential Energy Efficiency Fund

Posted on 22, March 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release →

Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, United Kingdom

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Alfa Laval to Host First Net Zero Collaboration Event Focused on Sustainable Cities and Energy Efficiency

Posted on 14, March 2024 by

(IN BRIEF) Alfa Laval is gearing up to host a groundbreaking collaboration event on April 9th, aimed at addressing the imperative need for enhanced energy efficiency in cities to meet global net-zero targets by 2030, as per the COP28 agreement. … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, Media, News, Sweden

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Advancing Quantum Computing: A Franco-Singaporean Drive for Energy Efficiency

Posted on 13, March 2024 by

(IN BRIEF) In a collaborative effort between Eviden, A*STAR’s Institute of High Performance Computing (IHPC) in Singapore, and MajuLab, a comprehensive initiative has been announced to benchmark and enhance the energy efficiency of quantum computing. With the potential of quantum … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology

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Vertiv and Telefónica Extend Collaboration to Enhance Energy Efficiency Across Spain’s Telecom Network

Posted on 8, March 2024 by

(IN BRIEF) Vertiv and Telefónica are extending their collaboration agreement to enhance energy efficiency across Telefónica’s network core sites in Spain. Building upon the success of their pilot project, which reduced energy consumption by 20% at one of Telefónica’s key … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Telecom

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Ericsson and Intel Showcase Breakthrough in Core Network Energy Efficiency at MWC

Posted on 26, February 2024 by

(IN BRIEF) Ericsson and Intel have unveiled groundbreaking advancements in core network energy efficiency at Mobile World Congress (MWC), demonstrating a remarkable 3.2x performance increase and over 40 percent energy savings in core network servers using Intel® Xeon® Next-Gen processors. … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology, Telecom

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Ericsson Secures €420 Million EIB Funding for 5G Technology Development and Energy Efficiency

Posted on 26, January 2024 by

(IN BRIEF) Ericsson has inked two funding agreements with the European Investment Bank (EIB) totaling €420 million, with an initial disbursement of €250 million in December 2023. These loans will bolster Ericsson’s financial position and support its research, development, and … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology, Telecom

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EU’s €3 Million Injection Powers Energy Efficiency in Ukrainian Public Buildings

Posted on 29, December 2023 by

(IN BRIEF) The European Investment Bank (EIB) has allocated €3 million to the Ukrainian government as part of the EIB Ukraine Solidarity Urgent Response package. The funds will be used to implement energy-saving renovations in 18 public healthcare and educational … Read the full press release →

Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine

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EIB Group and Santander Collaborate on Securitisation Deal to Boost Green Mortgages and Energy Efficiency Investments in Spain

Posted on 22, December 2023 by

(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and European Investment Fund, has partnered with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing the … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain

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EIB and EIF Partner with Santander to Advance Energy Efficiency Investments in Spain

Posted on 22, December 2023 by

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have collaborated with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing nearly-zero-emission building construction and the renovation … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain

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bp and BWT Alpine F1 Team Join Forces to Boost Energy Efficiency and Sustainability

Posted on 15, December 2023 by

(IN BRIEF) bp and BWT Alpine F1 Team have announced a partnership focused on enhancing energy efficiency and sustainability at the Alpine F1 Team’s Enstone facility in Oxfordshire. The collaboration leverages bp’s advanced data measurement and analysis tools, including DIGBOX®, … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Sports, United Kingdom

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British Homes Lack Energy Efficiency Clarity, Reveals New Research by British Gas

Posted on 8, December 2023 by

(IN BRIEF) New research conducted by British Gas has unveiled confusion among British homeowners when it comes to addressing energy efficiency in their homes, especially as colder months approach. Only 42% of Brits believe their homes are energy efficient, and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom

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Plenitude and Saipem Collaborate to Install 1 MWp Solar System, Advancing Energy Efficiency and Sustainability Goals

Posted on 23, November 2023 by

(IN BRIEF) Plenitude (Eni) and Saipem have entered into an agreement to install a 1 MWp photovoltaic system at Saipem’s offices in Fano, Italy. The system is expected to generate over 1,000 MWh of solar power annually, meeting a significant … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology

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Ericsson Issues €500 Million Green Bond to Advance Energy Efficiency

Posted on 23, November 2023 by

(IN BRIEF) Ericsson, a leading communications technology company, has successfully issued a €500 million green bond with a 4.5-year maturity. The bond, part of Ericsson’s Euro Medium Term Note Program (EMTN), will fund investments in energy efficiency. Ericsson’s CFO, Carl … Read the full press release →

Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Sweden, Technology, Telecom

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Schneider Electric Survey Reveals Energy Efficiency Tops the List of Popular Home Improvements

Posted on 21, November 2023 by

(IN BRIEF) A survey conducted by Schneider Electric reveals that 86% of consumers consider making homes more energy-efficient as the most popular home improvement action. Energy security (83%), cooling (79%), and energy independence (78%) also rank highly among energy-related home … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Management, News, Technology

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EBRD and EU Support Montenegro’s Green Energy Efficiency Investments

Posted on 14, November 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, United Kingdom

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Green Finance Facility Launches in North Macedonia to Promote Renewable Energy and Energy Efficiency Investments

Posted on 10, November 2023 by

(IN BRIEF) A new Green Finance Facility (GFF), valued at €30 million, has been introduced in North Macedonia to provide small and medium-sized enterprises (SMEs) and creditworthy underserved individuals and households with loans for renewable energy and energy efficiency projects. … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom

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AI Technology Revolutionizes Energy Efficiency in Buildings, Cutting Consumption and Emissions

Posted on 31, October 2023 by

(IN BRIEF) AI technology has the potential to significantly reduce energy consumption in buildings, which account for a substantial portion of energy usage and carbon dioxide emissions in the EU. By using sensors to collect data on temperature, humidity, and … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology

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Nordic Investment Bank Collaborates with Lithuania to Boost Energy Efficiency in Public Buildings

Posted on 27, October 2023 by

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 20-year credit facility with Lithuania to co-finance the energy efficiency program for public buildings from 2023 to 2026. This financing will be used to renovate 25 public buildings, leading to … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

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New Report by Energy Efficiency Movement Charts Path to Significant Emissions Reduction and Cost Savings for Industries

Posted on 25, October 2023 by

(IN BRIEF) The Energy Efficiency Movement (EEM), founded by ABB and comprising over 400 organizations worldwide, has published a report titled “The Case for Industrial Energy Efficiency.” This report offers corporate leaders insights into ten measures that leverage mature technologies … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Switzerland, Technology, Transportation & Logistics

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DNV Expands Energy Services with Acquisition of ANB Systems, Bolstering Energy Efficiency Solutions

Posted on 8, September 2023 by

(IN BRIEF) DNV has acquired ANB Systems, a Houston-based software as a service (SaaS) company specializing in energy program services for utility and regulatory body customers. The move is part of DNV’s commitment to supporting the energy transition by enhancing … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway

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T-Systems Data Center in Biere Receives European Code of Conduct Award for Energy Efficiency

Posted on 7, September 2023 by

(IN BRIEF) The European Commission has honored the T-Systems data center in Biere, near Magdeburg, with the European Code of Conduct Award. Among 120 companies considered, the award recognizes data centers that have significantly reduced their energy consumption. The assessment … Read the full press release →

Posted in Awards, Business, Germany, Industrial, Management, News, Telecom

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Continental Unveils Conti CityPlus Tire for Enhanced Energy Efficiency and UltraContact NXT, the Most Sustainable Series Tire

Posted on 5, September 2023 by

(IN BRIEF) Continental has introduced its new tire concept, Conti CityPlus, at IAA Mobility in Munich, featuring state-of-the-art technology that enhances tire energy efficiency by up to 10 percent. This innovation contributes to reduced CO2 emissions from combustion engine cars … Read the full press release →

Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Technology

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Hydro’s Norwegian Aluminium Smelters Lead the Way with New Energy Efficiency Measures

Posted on 2, September 2023 by

(IN BRIEF) Hydro, a leading aluminium producer, is taking significant steps to enhance energy efficiency across its five aluminium smelters in Norway. The measures will lead to a reduction in electricity consumption, starting with the installation of LED lights and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Norway

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ANDRITZ to Install Advanced Shoe Press for Enhanced Paper Quality and Energy Efficiency at Lee & Man’s Malaysian Mill

Posted on 31, August 2023 by

(IN BRIEF) ANDRITZ, an international technology group, has received its ninth order for a PrimePress X shoe press from Lee & Man Paper Manufacturing Ltd. This press will be installed in Lee & Man’s Banting, Malaysia mill to enhance paper … Read the full press release →

Posted in Austria, Business, Industrial, Management, News, Technology

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ABB Collaborates with Northvolt to Enhance Energy Efficiency and Battery Recycling for Sustainable Future

Posted on 18, August 2023 by

(IN BRIEF) ABB will provide switchgears and variable speed drives to Northvolt Ett, a battery gigafactory in Sweden, aiming to match power output with factory processes to improve energy efficiency, performance, and maintenance. Northvolt Ett, powered by 100% fossil-free energy, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland

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Infineon Introduces CoolSiC MOSFETs for Enhanced Energy Efficiency in Power Applications

Posted on 20, July 2023 by

(IN BRIEF) Infineon Technologies AG has introduced its silicon carbide (SiC) CoolSiC™ MOSFET 650 V in TO leadless (TOLL) packaging to address the growing demand for energy efficiency in the digitalization and electro-mobility era. These SiC MOSFETs are optimized for … Read the full press release →

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European Investment Bank Boosts Energy Efficiency and Renewable Hydrogen Initiatives in Chile

Posted on 18, July 2023 by

(IN BRIEF) The European Investment Bank (EIB) has taken significant steps to promote sustainable development in Chile during the EU-CELAC Summit of Heads of State and Government. The EIB announced its first-ever residential mortgage-based loan outside the EU, providing €200 … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom

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EU Parliament Enacts Legislation to Boost Energy Efficiency and Tackle Climate Crisis

Posted on 11, July 2023 by

(IN BRIEF) The European Parliament has adopted new energy efficiency rules as part of the European Green Deal. The legislation sets targets for reducing energy consumption by 11.7% at the EU level by 2030, compared to projected figures. Member states … Read the full press release →

Posted in Energy, Gas & Oil, Environment, European Union, Law, Real Estate

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Research Reveals Misconceptions Hindering Homeowners from Energy Efficiency Retrofits

Posted on 7, July 2023 by

(IN BRIEF) A study by Barclays and Ipsos has identified misconceptions as a key factor preventing homeowners from making energy efficiency retrofitting upgrades to their homes. The research highlights that homeowners overestimate the cost of common energy efficiency modifications and … Read the full press release →

Posted in Banks, Business, Financial, Management, News, Real Estate, United Kingdom

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EIB Group and Santander Launch First Synthetic Securitization Transaction for Energy Efficiency in Portugal

Posted on 15, May 2023 by

(IN BRIEF) The EIB Group and Santander have signed an agreement to support energy efficiency investments in Portugal through a synthetic securitization transaction. The partnership aims to finance the construction of nearly-zero-emissions buildings and the renovation of existing residential properties … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Investment, Portugal, Real Estate

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Recycling and Energy Efficiency Measures Top Climate Mitigation Actions by EU Firms, Says EIB Report

Posted on 13, April 2023 by

(IN BRIEF) The European Investment Bank (EIB) has released its Climate Investment Report for 2022-23 (EIBIS Climate), which shows that the share of European firms investing in climate has increased by 10 percentage points in the last year, reaching an … Read the full press release →

Posted in Banks, Economy, Environment, European Union, Financial, Luxembourg

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Alfa Laval’s Platinum Membership with Open Compute Project Signals Support for Energy Efficiency in Data Centers

Posted on 21, March 2023 by

(IN BRIEF) Alfa Laval has become a platinum member of the Open Compute Project (OCP) to support energy efficiency and sustainability in data centers. The OCP is a community focused on redesigning hardware technology to efficiently support the growing demands … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Sweden, Technology

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Infineon and Infinitum collaborate to drive decarbonization and energy efficiency in industrial applications

Posted on 18, March 2023 by

(IN BRIEF) Infineon Technologies has partnered with Infinitum to provide semiconductor components for the latter’s Aircore EC motor. Infineon will provide silicon carbide (SiC) CoolSiC MOSFETs, which help to optimise the motor’s power and energy savings. The Infinitum Aircore EC … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Management, News, Technology

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ANDRITZ’s LimeCool System Helps Stora Enso Imatra Achieve Higher Energy Efficiency

Posted on 28, February 2023 by

(IN BRIEF) ANDRITZ, an international technology group, has successfully installed an energy-efficient LimeCool system at Stora Enso’s pulp mill in Imatra, Finland. The LimeCool system uses the heat of the processed hot lime in the lime kiln, achieving higher energy … Read the full press release →

Posted in Austria, Finland, Industrial, Technology

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Holcim’s Acquisition of Fiberglass Facility Advances Energy Efficiency in Commercial Roofing

Posted on 24, January 2023 by

(IN BRIEF) Holcim, a global leader in sustainable building solutions, has acquired a state-of-the-art fiberglass mat facility in Maryland, USA. This acquisition will expand Holcim’s technology platform for high-performing and durable roofing systems and support the company’s expansion in the … Read the full press release →

Posted in Business, Construction, Industrial, Investment, News, Switzerland

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Rock Road Secures Funding for 30 Fully Electric Buses in London with Help of DNV and Mayor’s Energy Efficiency Fund

Posted on 16, January 2023 by

(PRESS RELEASE) BÆRUM, 16-Jan-2023 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the completion of the Technical Due Diligence for the Mayor of London’s Energy Efficiency Fund (MEEF), which is managed by Amber Fund Management … Read the full press release →

Posted in Automotive, Management, News, Norway, Technology, Transportation & Logistics, United Kingdom

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Rock Road sichert sich die Finanzierung für 30 vollelektrische Busse in London mit Hilfe von DNV und dem Energy Efficiency Fund des Bürgermeisters

Posted on 16, January 2023 by

(PRESSEMITTEILUNG) BÆRUM, 16-Jan-2023 — /EuropaWire/ — DNV, der unabhängige Energieexperte und Assurance-Anbieter, hat den Abschluss der technischen Due Diligence für den Energy Efficiency Fund (MEEF) des Bürgermeisters von London bekannt gegeben, der von Amber Fund Management Limited verwaltet wird. Das … Read the full press release →

Posted in Automotive, Management, News, Norway, Technology, Transportation & Logistics, United Kingdom

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Get the Latest Insights on Energy Efficiency and Clean Energy at Alfa Laval’s Net-zero Launch event

Posted on 9, January 2023 by

(PRESS RELEASE) LUND, 9-Jan-2023 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has announced it is hosting an event in February to showcase innovative products and insights related to sustainability in process … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Society, Technology

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