(IN BRIEF) Capgemini has entered into a long-term agreement with Equigy, a collaborative platform of European Transmission Systems Operators (TSOs), to develop a Crowd Balancing Platform (CBP). This platform aims to optimize the management of electricity supply and demand across … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Capgemini, Crowd Balancing Platform, energy grid, Equigy, Europe, James Forrest, Martin van ‘t Verlaat, partnership, sustainability
(IN BRIEF) Ørsted has completed the Helena Energy Center in Bee County, South Texas, comprising a 518 MW combined wind and solar project. This marks Ørsted’s first co-located wind and solar initiative and is the largest renewable energy project in … Read the full press release
(IN BRIEF) JUWI, a leading renewable energy specialist, announces significant achievements and upcoming projects ahead of Intersolar 2024. They have completed the “Pike Solar” park in Colorado, pushing their total installed solar capacity beyond 4,000 megawatts. Plans include further large-scale … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, News
Tagged Carsten Bovenschen, Intersolar 2024, juwi, Solar Footprint, sustainability
(IN BRIEF) Iberdrola is focusing on enhancing its electricity grids as a primary growth area from 2024 to 2026, investing heavily to integrate digital solutions through its Perseo startup program. These innovations, including machine learning and algorithms, aim to forecast … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged digital solutions, Electrification Strategy, Iberdrola, partnership, Perseo, sustainability, Sustainable Grid Development
(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Denmark, Finland, Ibrahim Özarslan, Kalistanneva Wind Farm Installation, Nordex Group, Norway, partnership, sustainability, Sweden, Till Junge
(IN BRIEF) Wood secures a $46 million contract over three years from TotalEnergies to provide engineering and consulting services for the Associated Gas Upstream Project in Iraq. The project aims to recover flared gas in the Basra region and includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged ENERGY, France, Iraq, partnership, Shaun Dewar, sustainability, TotalEnergies, Wood
(IN BRIEF) Dutch battery developer Dispatch is embarking on a groundbreaking project to construct the Netherlands’ largest stand-alone Battery Energy Storage System (BESS) in Dordrecht. This 45MW/90MWh utility-scale BESS aims to store surplus energy from renewable sources for grid stabilization, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged ABN Amro, Battery Energy Storage System (BESS), Dispatch, Dordrecht, Eneco, EPICo², Macquarie Capital, Netherlands, partnership, renewable energy, sustainability
(IN BRIEF) Germany’s largest post-mining lake, the “Cottbuser Ostsee,” is set to host a groundbreaking floating solar plant, scheduled to begin operation in winter 2024/2025. Generating 29,000 MWh of electricity annually, this initiative not only powers thousands of households but … Read the full press release
(IN BRIEF) Metso unveils the reintroduction of its OtoVentTM off-gas treatment technology, designed to quench various types of off-gases in non-ferrous and ferrous metallurgical processes, as well as in oil, gas, and chemical plants. Widely utilized in modern copper smelters, … Read the full press release
(IN BRIEF) Ventus Marine, a major player in offshore wind, has opted for BMT’s Z-Bow 27m Crew Transfer Vessel (CTV) design to bolster its fleet, contracting Strategic Marine for the construction of four vessels. These vessels, tailored for demanding offshore … Read the full press release
(IN BRIEF) Valio, a dairy company, has introduced a new biogas-powered milk truck that significantly reduces emissions compared to diesel trucks. This initiative aligns with Valio’s goal of achieving carbon-neutral milk production by 2035. The use of biogas not only … Read the full press release
(IN BRIEF) Hamburg-based renewable energy operator Encavis AG (listed on the MDAX) recently concluded its Annual General Meeting (AGM) by resolving to retain its entire consolidated earnings, bolstering the company’s internal resources to propel accelerated growth. The decision reflects Encavis … Read the full press release
(IN BRIEF) bp and Worley have announced a new strategic alliance aimed at enhancing efficiency, continuous improvement, and value creation within bp’s global Site Projects organization. This collaboration, building upon a decade-long successful partnership between the two companies, seeks to … Read the full press release
(IN BRIEF) Siemens Smart Infrastructure and BASF have partnered to introduce a groundbreaking innovation in electrical safety products, unveiling the first circuit breaker to incorporate components made from biomass-balanced plastics. The SIRIUS 3RV2 circuit breaker utilizes materials derived from renewable … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Andreas Matthé, BASF, Biomass-Balanced Plastics, Martin Jung, partnership, Siemens, SIRIUS 3RV2 circuit breaker, sustainability
(IN BRIEF) Shell plc’s Board unveiled today the equivalent dividend payments for the first quarter 2024 interim dividend, originally announced on May 2, 2024, at US$0.344 per ordinary share. Shareholders were granted the option to receive dividends in US dollars, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Financial, investment, Shell
(IN BRIEF) DNV’s latest research report underscores the critical role of collaboration and trust in harnessing digital twins to drive the UK’s energy transition. Titled Connected Digital Twin Insights: Rising to the Challenge across the UK Energy Sector and Beyond, … Read the full press release
(IN BRIEF) Mutares SE & Co. KGaA has finalized the acquisition of Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB, marking a strategic move to bolster its Goods & Services segment. These entities, recognized leaders in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology
Tagged acquisition, Eltel Networks Energetyka S.A., Eltel Networks Engineering S.A., Mutares, partnership, Poland, sustainability, Sweden
(IN BRIEF) The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) recently celebrated their 25-year partnership by signing a new agreement at DKB’s Berlin headquarters, aimed at supporting renewable energy projects for Small and Medium Enterprises (SMEs) in Germany. Under … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business
Tagged Deutsche Kreditbank, European Investment Bank, Germany, Nicola Beer, partnership, renewable energy, SMEs, Stefan Unterlandstättner, sustainability
(IN BRIEF) The Modern Cooking Facility for Africa (MCFA) has joined forces with ENGIE Energy Access Mozambique to advance clean cooking solutions in Mozambique, backed by EUR 1.3 million in funding. Through ENGIE’s subsidiary in Mozambique, innovative biodigester technology will … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Technology
Tagged Africa, Alexandra Links, biodigester technology, Cooking Solutions, ENGIE Energy Access Mozambique, Kari Hämekoski, Modern Cooking Facility for Africa (MCFA), Mozambique, NEFCO, partnership, Sistema.bio, sustainability
(IN BRIEF) Tri-State Generation and Transmission Association, a prominent energy entity, has forged a groundbreaking partnership with JUWI Inc., marking a monumental shift towards renewable energy endeavors. Their collaboration culminated in the acquisition of two solar projects in western Colorado: … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisitions, Axial Basin Solar, Colorado, Dolores Canyon Solar, Duane Highley, JUWI Inc., Michael Bennet, partnership, Solar Initiatives, Steve Ihnot, sustainability, Tri-State
(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release
(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged Altris, Battery Solutions, Björn Mårlid, eco-friendly, Europe, Juuso Konttinen, partnership, Stora Enso, Stora Enso's Lignode®, sustainability, Sweden
(IN BRIEF) HTM Helicopters has initiated an order for an Airbus H145 helicopter, with an option for two more of the same model, to bolster their fleet for offshore wind operations along the coasts of Germany and France. Bernd Brucherseifer, … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News
Tagged Airbus, Axel Humpert, Bernd Brucherseifer, France, Germany, H145 helicopters, HTM Helicopters, Offshore Wind Transport Solutions, partnership, sustainability
(IN BRIEF) The Turkish water authority, Devlet Su İşleri (DSI), has chosen international technology group ANDRITZ to provide electro-mechanical equipment for the new 160 MW Silvan hydropower plant in Türkiye. ANDRITZ will supply turbines, generators, and associated equipment for the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey
Tagged Andritz, Devlet Su İşleri (DSI), Frank Mette, partnership, Renewable Energy Infrastructure, Silvan Hydropower Plant, sustainability, Turkey
(IN BRIEF) DNV and PETRONAS CCS Ventures have solidified their collaboration with the signing of a Master Price Agreement aimed at certifying carbon dioxide (CO2) storage sites and associated facilities for carbon capture and storage (CCS) projects in Malaysia. Building … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Brice Le Gallo, carbon capture and storage (CCS), DNV, Emry Hisham Yusoff, energy sector, Malaysia, partnership, PETRONAS, sustainability
(IN BRIEF) Vattenfall recently concluded its Diversity Month, a series of events aimed at highlighting the various dimensions of diversity within the company. From gender and sexual orientation to ethnicity and worldview, the initiative emphasized the importance of equity in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Media, News, Society, Sweden
Tagged Åsa Jamal, Diversity Month, equality, LGBTQ+, Max Appenroth, Pride Season 2024, society, Vattenfall
(IN BRIEF) In response to recent attacks by Russia on Ukraine’s energy infrastructure, the European Bank for Reconstruction and Development (EBRD) has pledged over €300 million in additional funding to support the country’s state-owned energy companies. This commitment, formalized through … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Ukraine, United Kingdom
Tagged Denis Shmyhal, EBRD, ENERGY, Odile Renaud-Basso, partnership, sustainability, UKRAINE, Ukrenergo, Ukrhydroenergo, Ukrnafta
(IN BRIEF) Infineon Technologies AG has announced the release of two groundbreaking CoolGaN™ product technologies: CoolGaN bidirectional switch (BDS) and CoolGaN Smart Sense, designed to revolutionize power management solutions. The CoolGaN BDS series offers superior soft- and hard-switching capabilities across … Read the full press release
(IN BRIEF) In a significant stride towards sustainability, Finnish tractor manufacturer Valtra, a division of AGCO Corporation, proudly announces the utilization of 5 million liters of Neste MY Renewable Diesel™ at its Suolahti factory in Finland. Collaborating with Neste since … Read the full press release
(IN BRIEF) Neste’s Porvoo refinery in Finland successfully concluded a major turnaround, highlighting a strategic shift to shorter maintenance intervals for enhanced cost-effectiveness and risk management. With over 7,600 individuals involved and 1.4 million working hours invested, the refinery emerged … Read the full press release
(IN BRIEF) The successful arrival of the FPSO vessel marks a significant milestone for the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, situated offshore Mauritania and Senegal. The vessel, an integral part of the project, has been securely moored … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Africa, Dave Campbell, Floating Production Storage and Offloading (FPSO), GTA Phase 1 LNG Development, Lightsource BP, Mauritania, partnership, Senegal, sustainability
(IN BRIEF) TotalEnergies has announced two pivotal LNG contracts in Asia, signifying a strategic expansion in its LNG business. The agreements include a sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery of up to 800,000 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged decarbonization, Gregory Joffroy, INDIA, KOREA, partnership, sustainability, TotalEnergies
(IN BRIEF) Equinor has announced the sale of 19.5% interests in production licenses PL 048E, home to the Eirin field, and PL 1201 to PGNiG Upstream Norway AS (PGNiG), effectively balancing ownership with the Gina Krog field. The approval of … Read the full press release
(IN BRIEF) Equinor ASA welcomed Tone Hegland Bachke and Fernanda Lopes Larsen as new members of its board of directors during a recent corporate assembly meeting on June 4, 2024. The assembly also re-elected Jon Erik Reinhardsen as chair and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Norway
Tagged Anne Drinkwater, appointment, Board of Directors, Equinor ASA, Fernanda Lopes Larsen, Finn Bjørn Ruyter, Haakon Bruun-Hanssen, Jon Erik Reinhardsen, Jonathan Lewis, leadership, Mikael Karlsson, Rebekka Glasser Herlofsen, Tone Hegland Bachke, Tove Andersen
(IN BRIEF) Vestas secures a 124 MW wind energy project order in Telsiai, Lithuania, from Utilitas Wind and Latvenergo AS, marking a significant advancement in the Baltic region’s renewable energy capacity. The order includes 20 V162-6.2 MW wind turbines, with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News
Tagged Baltic Wind Project, Jens Pinderup, Latvenergo AS, Lithuania, Mārtiņš Čakste, partnership, Rene Tammist, sustainability, Telsiai, Utilitas Wind, Vestas
(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release
(IN BRIEF) Accenture and Kraken Technologies have joined forces to assist EDF’s UK retail business in transitioning over five million meter points onto Kraken’s platform, enhancing energy management capabilities. This collaboration, leveraging advanced analytics and AI, aims to streamline operations … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Accenture, AI, EDF Transitions, Gavin Patterson, Kraken, partnership, Richard Hughes, Scott Tinkler, sustainability, UK, utility
(IN BRIEF) E.ON, a major player in the energy sector, has finalized its board restructuring, appointing Marc Spieker as Chief Operating Officer Commercial and Nadia Jakobi as Chief Financial Officer, underlining a strategic pivot towards sustainable energy solutions. CEO Leonhard … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Management
Tagged digitization, E.ON, electric vehicles charging, energy infrastructure, green energy transition, GROWTH, investment plan, leadership, Leonhard Birnbaum, Marc Spieker, Nadia Jakobi, network expansion, sustainable solutions
(IN BRIEF) Neste has released its annual Green Finance Report for 2023, showcasing its dedication to combatting climate change and advancing toward a circular economy. In 2023, Neste achieved significant milestones in its sustainable funding journey, including the establishment of … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hanna Maula, investment, Martti Ala-Härkönen, Neste, sustainability
(IN BRIEF) Jaguar Land Rover (JLR) celebrates a significant milestone as it announces that over 20,000 colleagues and partners have completed training in electrification and digital skills under its Future Skills Programme. This initiative aligns with JLR’s Reimagine Strategy, aiming … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
