Category Archives: Energy, Gas & Oil

Energy, Gas & Oil Press Releases & News distributed via EuropaWire

Vinci Invests €50 Million in NatPower SA, Expands Renewable Energy Portfolio

(IN BRIEF) VINCI, a leading infrastructure and construction company, has completed a €50 million investment in NatPower SA, a renewable energy platform operating in Italy, Great Britain, and the United States. This investment involves acquiring 10% of NatPower SA’s share … Read the full press release

Chicony Power Recognizes Infineon as GaN Strategic Partner of the Year

(IN BRIEF) Chicony Power Technology has awarded Infineon Technologies AG the prestigious title of “GaN Strategic Partner of the Year” for 2023. This recognition highlights Infineon’s outstanding contributions as a top partner in gallium nitride (GaN)-based power supplies, particularly in … Read the full press release

AFRY’s Technical Advisory Fuels EnfraGen’s Acquisition Success in Latin America

(IN BRIEF) AFRY played a pivotal role as the technical advisor to EnfraGen in its acquisition of a 188 MW renewable energy portfolio in Panama and Costa Rica, earning the esteemed “Acquisition Deal of the Year” award. EnfraGen, a key … Read the full press release

RWE Embarks on Wind Farm Construction in Inden, Driving Renewable Energy Growth in Rhenish Lignite Area

(IN BRIEF) RWE, a key player in renewable energy, has commenced the construction of a new wind farm in the Rhenish lignite region, marking another milestone in the area’s energy transition. Set on recultivated land in the Inden opencast mine, … Read the full press release

RWE Launches US$2 Billion Green Bond, Eyes Expansion in Renewable Energy Market

(IN BRIEF) RWE, a leading renewable energy company, has successfully issued its first green US dollar bond, totaling US$2 billion, with maturities of 10 and 30 years and yields ranging from 5.926% to 6.261%. The bond, oversubscribed 3.8 times, signifies … Read the full press release

Barclays Strengthens Energy Transition Focus with New Co-Heads Appointment

(IN BRIEF) Barclays reinforces its commitment to supporting clients in transitioning to a low-carbon economy by appointing Rafael Abati as Co-Head of the Energy Transition Group (ETG) in EMEA, alongside Marie Freier. With almost two decades of experience from UBS … Read the full press release

East German States Lead Heating Transition, Setting Example for National Green Goals

(IN BRIEF) A survey conducted by E.ON reveals that the eastern German states are at the forefront of the heating transition, with almost three-quarters of homes renovated or partially renovated, largely due to post-reunification subsidies for building modernization. Brandenburg leads … Read the full press release

DHL Global Forwarding Partners with Prada Group to Reduce Emissions Through Sustainable Aviation Fuel

(IN BRIEF) DHL Global Forwarding announces its collaboration with the Prada Group, marking the fashion giant’s first investment in Sustainable Aviation Fuel (SAF) credits through DHL’s GoGreen Plus service. This strategic partnership allows Prada Group to significantly reduce its transport … Read the full press release

STMicroelectronics Secures Renewable Energy Contract for Italian Operations

(IN BRIEF) STMicroelectronics, a global semiconductor leader, has inked a ten-year Power Purchase Agreement (PPA) with Centrica Energy for the supply of renewable energy to its Italian operations, starting from January 2025. The agreement, based on approximately 61 GWh of … Read the full press release

ANDRITZ Deepens Partnership with HydrogenPro with Strategic Acquisition

(IN BRIEF) ANDRITZ, an international technology group, has acquired a 13.8% stake in HydrogenPro, a Norwegian company specializing in pressurized alkaline electrolyzers for green hydrogen production. This acquisition builds upon the strategic partnership established between the two companies in the … Read the full press release

VDL Bus & Coach Inaugurates State-of-the-Art Electric Bus Plant in Roeselare

(IN BRIEF) VDL Bus & Coach recently celebrated the opening of its new electric bus production facility in Roeselare, Belgium, with key figures such as Flemish Prime Minister Jan Jambon and Flemish Minister Lydia Peeters in attendance. The site boasts … Read the full press release

Repsol’s Green Evolution: Partnering with Genia Bioenergy to Pioneer Biomethane Industry

(IN BRIEF) Repsol has embarked on a strategic alliance by acquiring a 40% shareholding in Genia Bioenergy, marking its entry into the burgeoning biomethane market. This partnership aims to leverage Genia Bioenergy’s expertise in biogas and biomethane value chain integration, … Read the full press release

Webuild Group and Clough Unveil Australia’s Grand Renewable Energy Venture: Inside the Snowy Mountains Project

(IN BRIEF) Explore the depths of Australia’s ambitious renewable energy endeavor unfolding in the Snowy Mountains, where the Webuild Group and Clough, in collaboration with Snowy Hydro Limited, are spearheading the Future Generation project. This pumped-storage scheme, distinct from conventional … Read the full press release

Peel Ports and E.ON Forge Green Energy Partnership to Revolutionize Port Operations

(IN BRIEF) Peel Ports Group partners with E.ON to initiate ambitious solar and wind projects at the Port of Liverpool, aiming to achieve net-zero emissions by 2040. The collaboration kicks off with plans for the installation of the UK’s largest … Read the full press release

Revolutionizing B2B Charging Solutions: Volkswagen’s Elli Launches Charging Site Management for Fleet Electrification

(IN BRIEF) Volkswagen Group’s subsidiary Elli has unveiled Charging Site Management, a comprehensive B2B solution designed to facilitate the electrification of fleets. This innovative product offers a modular portfolio including AC and DC charging hardware, integrated software solutions, and consulting … Read the full press release

Vantage Towers Appoints Leigh Ann Schell as Chief Human Resources Officer

(IN BRIEF) Leigh Ann Schell has been named the Chief Human Resources Officer (CHRO) of Vantage Towers AG, effective April 1, 2024. In her new role, Schell will focus on enhancing the tower company’s HR strategy, working closely with CEO … Read the full press release

DWS Expands European Infrastructure Portfolio with Acquisition of Solar PV Plants in Spain

(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release

Massy Wood Secures Three-Year Agreement to Enhance Operational Efficiency at Atlantic LNG Facility in Trinidad

(IN BRIEF) Wood’s joint venture company, Massy Wood, has inked a significant three-year deal with Atlantic LNG Company of Trinidad and Tobago (Atlantic) to provide project management and engineering expertise at Atlantic’s liquefaction facility in Point Fortin, Trinidad. As Trinidad’s … Read the full press release

TotalEnergies and Papua New Guinea Prime Minister Discuss Progress of Papua LNG Project

(IN BRIEF) Prime Minister James Marape of Papua New Guinea and Patrick Pouyanné, Chairman and CEO of TotalEnergies, convened to review the status of the Papua LNG project. TotalEnergies affirmed its commitment, alongside project partners ExxonMobil, Santos, and JX Nippon, … Read the full press release

Rolls-Royce Secures Funding for Space Nuclear Power Research

(IN BRIEF) Rolls-Royce has been awarded £1.18 million from Phase 2 of the UK Space Agency’s International Bilateral Fund (IBF) to advance strategic research partnerships within the UK space sector and with emerging space nations. This funding will support collaborative … Read the full press release

AFRY Selected as Owner’s Engineer for 65MWp Solar PV Plant in Bacolod, Philippines

(IN BRIEF) Amatera Renewable Energy Corporation (ARECO) has appointed AFRY as the owner’s engineer for the construction of a 65MWp solar photovoltaic (PV) plant in Bacolod, Philippines. The project, known as The Vista Alegre, aims to provide clean energy to … Read the full press release

ENTSO-E Hosts High-Level Roundtable on European Grid Action Plan Progress

(IN BRIEF) ENTSO-E recently convened a High-Level Roundtable, bringing together key stakeholders to assess advancements made since the inception of the EU Grid Action Plan for electricity and to pinpoint areas requiring further attention. With notable attendees including Minister of … Read the full press release

Intesa Sanpaolo Partners with A2A to Power Operations with Renewable Energy

(IN BRIEF) In its ongoing commitment to reduce emissions and align with its ESG strategy, Intesa Sanpaolo has signed an agreement with A2A to procure electricity from renewable sources. This agreement, spanning ten years, will see Intesa Sanpaolo sourcing around … Read the full press release

Fortum Commits to Ambitious Emissions Reduction Targets in Line with Climate Science

(IN BRIEF) Fortum, a leading clean energy provider, has completed the due diligence process after submitting an official commitment letter for the Science Based Targets initiative (SBTi). With a goal to align its emissions reduction targets with climate science, Fortum … Read the full press release

SunMind Expands Renewable Energy Reach with SunWave Subsidiary

(IN BRIEF) SunMind, a subsidiary of VINCI Concessions specializing in renewable electricity production through photovoltaic power plants since 2022, is expanding its scope. With a focus on large-scale projects in new markets globally and supporting the solarization of VINCI Concessions’ … Read the full press release

EQT Enters Exclusive Talks to Acquire Ocea Group, Advancing Environmental Solutions in Energy Sector

(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release

EBRD, Meridiam, and Hassan Allam Utilities Join Forces to Propel Egypt’s Renewable Energy Agenda

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Meridiam and Hassan Allam Utilities (HAU) to establish HAU Energy BV, a platform aimed at investing in renewable energy projects primarily in Egypt and potentially across Africa. This … Read the full press release

VELUX Group Honored with Sustainability Impact Award for CO2 Emission Reduction Efforts

(IN BRIEF) The VELUX Group was recently awarded the Sustainability Impact to My Enterprise Award by Schneider Electric for its exceptional work in reducing scope 1 and 2 CO2 emissions. Presented at a ceremony in Paris, the award recognizes VELUX’s … Read the full press release

VELUX Achieves 100% Renewable Electricity and Significant Emission Reductions in 2023 Sustainability Report

(IN BRIEF) In their recently launched 2023 Sustainability Report, VELUX showcased remarkable progress in reducing emissions and advancing sustainability initiatives. By securing 100% documented renewable electricity and cutting emissions from their own operations by 16% compared to 2022, VELUX is … Read the full press release

RWE Receives Major Milestone: Exclusive Licence for Offshore Wind Project in South Korea

(IN BRIEF) RWE, a global leader in renewable energy, has secured a significant achievement with the award of a 495-megawatt Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea for the development of the Seohae … Read the full press release

APM Terminals’ Rijeka Gateway Spearheads Electrification with 60+ Electric Handling Equipment Pieces

(IN BRIEF) APM Terminals, in partnership with ENNA Logic, is making significant strides towards its Net-Zero 2040 goal by electrifying container handling equipment at the Rijeka Gateway. With over 60 electric pieces, including STS cranes and gantry cranes, the terminal’s … Read the full press release

Wood Appoints Jess Stanley as President of Americas Operations, Driving Growth and Sustainability

(IN BRIEF) Wood has announced the appointment of Jess Stanley as President of its Americas Operations, marking a significant leadership addition to the business unit’s global team. With 17 years of energy experience, including executive roles at Shell Americas, Stanley … Read the full press release

The Hague Partners with Vattenfall InCharge to Expand Public Charging Infrastructure

(IN BRIEF) The Municipality of The Hague in the Netherlands has selected Vattenfall InCharge to manage and maintain its 5,400 public charging points, with plans to add 3,200 more over the next four years. This expansion aims to support sustainable … Read the full press release

MYTILINEOS and Siemens Energy Forge Ahead with 560 MW CCGT Power Unit Construction in Poland

(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release

TotalEnergies to Double Battery Storage Capacity with New Project in Belgium

(IN BRIEF) TotalEnergies has announced the development of a new battery storage project in Feluy, Belgium, marking the company’s second venture in the region following the Antwerp refinery battery storage project. Set to commence operation by the end of 2025, … Read the full press release

Evonik’s DEGACRYL® Specialty Acrylate Production Goes Green with Renewable Energy

(IN BRIEF) Evonik’s Coating & Adhesive Resins Business Line in Darmstadt, Germany, has transitioned its production of DEGACRYL® specialty acrylates to renewable energy sources, reducing annual CO2 emissions by approximately 1,400 metric tons. This move aligns with the business line’s … Read the full press release

Triton Fund V Completes Acquisition of Siemens Energy’s Trench Business

(IN BRIEF) Triton Fund V, under Triton’s advisement, has finalized the acquisition of Siemens Energy’s Trench business, a leading manufacturer of high-voltage grid components. Trench, renowned for its expertise and global presence with nine factory locations and 2,400 employees worldwide, … Read the full press release

Mercedes-Benz Trucks Unveils New Actros L: The Next Evolution in Diesel-Powered Heavy Trucks

(IN BRIEF) Mercedes-Benz Trucks has announced the release of the new Actros L, slated to redefine the premium segment of heavy diesel-powered trucks. Set to be available for order from April 2024 and commencing production in December 2024, the Actros … Read the full press release

Vattenfall IT Recognized as Champion of Neurodiversity on World Autism Awareness Day

(IN BRIEF) On World Autism Awareness Day, Vattenfall highlights its commitment to inclusivity, particularly within its IT division. Partnering with Unicus since 2020, Vattenfall IT has been providing employment opportunities for individuals with autism, fostering a culture of acceptance and … Read the full press release

AFRY Partners with TNB Renewables for Solar PV Project in Malaysia

(IN BRIEF) TNB Renewables Sdn Bhd (TRe), a subsidiary of Tenaga Nasional Berhad (TNB), has enlisted AFRY as the owner’s engineer for a significant solar photovoltaic (PV) project in Kedah, Malaysia. The project, known as the Corporate Green Power Programme … Read the full press release