(IN BRIEF) 50Hertz, a major electricity transmission system operator in Germany, has entered into project and framework contracts with leading European cable manufacturers NKT and Prysmian Power Link. These contracts, valued at €4.6 billion, cover the production and installation of … Read the full press release
(IN BRIEF) CUPRA, the Spanish automotive brand, has expanded its global presence by opening a new CUPRA City Garage in Berlin’s lively Am Tacheles district. The launch event celebrated the connection between Berlin and Barcelona, two cities known for their … Read the full press release
Posted in Art & Culture, Automotive, Business, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Spain
Tagged Barcelona, Berlin, Bernhard Bauer, City Garage, CUPRA, partnership, sustainability, Tacheles District, Wayne Griffiths
(IN BRIEF) Dutch King Willem-Alexander, alongside board members of Vattenfall, BASF, and Allianz, has officially inaugurated the Hollandse Kust Zuid 1-4 offshore wind farm in the North Sea. Located 18-36 kilometers off the Dutch coast, the wind farm features 139 … Read the full press release
Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, Netherlands, News, Sweden
Tagged Allianz, BASF, Dr. Martin Brudermüller, Helene Biström, Hollandse Kust Zuid, offshore wind farm, Oliver Bäte, partnership, sustainability, Vattenfall, Willem-Alexander
(IN BRIEF) Enel S.p.A., through its subsidiary Enel Green Power S.p.A. (EGP), has successfully finalized the sale of a 50% stake in its Australian renewable energy entities, Enel Green Power Australia Pty Ltd and Enel Green Power Australia Trust (collectively … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged acquisition, Australia, Enel, INPEX, partnership, renewable energy, sustainability
(IN BRIEF) Volkswagen is gearing up its Germany-based production network for the future, outlining its vehicle allocation plans through 2028 to the Volkswagen Group’s Supervisory Board. This strategic move aims to ensure profitable capacity utilization and economic viability in the … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has named Jelena Madir as the new Managing Director and Chief Compliance Officer. In this crucial role, she will oversee the Office of the Chief Compliance Officer (OCCO), tasked with … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Bernd Träxler, Chief Compliance Officer, EBRD, Jelena Madir, leadership, Odile Renaud-Basso
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €2 million to Union Bank to bolster financing in Albania’s agribusiness and tourism sectors, essential for the country’s economic growth. Union Bank becomes … Read the full press release
Posted in Agriculture, Albania, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Travel, United Kingdom
Tagged AATSF, agribusiness, Albania, Aleksandra Vukosavljevic, EBRD, Flutura Veipi, partnership, SMEs, sustainability, TOURISM, Union Bank
(IN BRIEF) The heads of the European Investment Bank (EIB), the European Central Bank (ECB), and the International Energy Agency (IEA) have convened in Paris to urge European government leaders, financial institutions, and industries to commit to a swift, equitable, … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Society, Sweden
Tagged Christine LAGARDE, clean energy transition, Conference, European Central Bank (ECB), European Investment Bank (EIB), European Leaders, Fatih Birol, International Energy Agency (IEA), leadership, Paris, partnership, sustainability, Werner Hoyer
(IN BRIEF) The European Investment Bank Institute recently unveiled the winners of this year’s Social Innovation Tournament (SIT) at a ceremony in Stockholm, celebrating European social entrepreneurs and their impactful products or services. The SIT, an annual event organized by … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Luxembourg, Management, Media, News, Technology
Tagged Entrepreneurship, European Investment Bank, Social Innovation Tournament, Stockholm, Thomas Östros, winners
(IN BRIEF) Zhejiang Jingxing Paper Co., Ltd., a prominent Chinese packaging paper and household tissue manufacturer, has successfully initiated operations on a high-capacity deinking pulp (DIP) line supplied by ANDRITZ at its facility in Pinghu City, Zhejiang Province, China. This … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, DIP Line, efficiency, Mr. Li Liubai, partnership, Quality, sustainability, Zhejiang Jingxing Paper
(IN BRIEF) ZF Wind Power and Vestas are addressing the growing demand for wind energy and larger offshore wind turbines with the V236-15.0 MWTM powertrain. This powertrain aims to push the boundaries of offshore wind energy production, with a single … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Chris Danckaerts, Dr. Michael Karrer, Felix Henseler, investment, Offshore wind, partnership, sustainability, Turbine Powertrains, Vestas, ZF Wind Power
(IN BRIEF) ZF, a leading technology company, will supply the metros built by Hitachi Rail for Milan and Rome, Italy, with its latest two-stage spur gear drives. These drives offer several improvements, including a 10% reduction in weight, noise-optimized gearing, … Read the full press release
Posted in Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Alfred Kienzle, Hitachi Rail, Michael Topp, Milan, partnership, Rail Drives, Rome, sustainability, ZF
(IN BRIEF) Ahlstrom, a leading producer of sustainable and fiber-based packaging solutions, has achieved Western Michigan Recyclability Certification for several food packaging base papers utilizing its proprietary FluoroFree® technology. These products are used in applications like quick service restaurant packaging, … Read the full press release
(IN BRIEF) Research into the potential of iron powder as an energy carrier on an industrial scale has received €900,000 in funding from science financier NWO and various organizations. The project, known as CIRCL (Closing the Iron Reduction-Combustion Loop), involves … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Science
Tagged CIRCL, funding, Giulia Finotello, Green Energy Storage, iron oxide, iron powder, Ivo Roghair, Martin van Sint Annaland, Niels Deen, RESEARCH, TU/e
(IN BRIEF) Kalmar, a division of Cargotec, has secured an agreement with Rotterdam Short Sea Terminals (RST) to deliver six Kalmar hybrid straddle carriers as part of the terminal’s fleet renewal program aimed at enhancing environmental sustainability. RST, Europe’s largest … Read the full press release
(IN BRIEF) Vestas, a leading wind turbine manufacturer, has received a substantial order from SR Energy AB for the Horshaga wind park in southern Sweden’s Uppvidinge municipality. The order encompasses 20 V162-6.2 MW and five V150-4.5 MW wind turbines, along … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Anna Schlasberg Wachtmeister, Horshaga Wind Park, partnership, Peter Zachrisson, SR Energy AB, sustainability, Sweden, Vestas, wind turbines
(IN BRIEF) KVG Kieler Verkehrsgesellschaft mbH has entered into an agreement with VDL Bus & Coach to acquire 50 new generation Citea electric buses, with an option for an additional 10 units. These electric vehicles will be delivered in 2024 … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged acquisition, Citea LF-122 buses, Citea LF-181 buses, Citeas, electric fleet, KVG Kiel, partnership, Richard van den Dungen, sustainability, Thomas Mau, VDL Bus & Coach
(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, and Fissler, a premium cookware manufacturer, have collaborated to introduce Outokumpu Circle Green®, an innovative stainless steel with a remarkable up to 92% reduction in carbon footprint compared to industry averages. … Read the full press release
(IN BRIEF) TotalEnergies EP Angola Block 20 has completed the sale of a 40% stake in Block 20, located in Angola’s Kwanza Basin, to PETRONAS ANGOLA E&P LTD (PAEPL), a PETRONAS subsidiary, for $400 million as of January 1, 2023. … Read the full press release
(IN BRIEF) Aviva Ireland’s Head of Property, Suzie Nolan, and Chief People Officer, Danny Harmer, have been recognized on this year’s HERoes Role Model Lists. Suzie is a Future Leader and a diversity advocate, while Danny has made the Women … Read the full press release
(IN BRIEF) Axel Springer has divested its 35% stake in Ringier Axel Springer Schweiz (RASCH) to its joint venture partner, Ringier, as part of its digital strategy. This move allows Ringier to become the sole owner of a portfolio that … Read the full press release
(IN BRIEF) E.ON has secured a contract to construct and manage more than 1,200 new fast charging stations at approximately 140 locations in Germany as part of the “Deutschlandnetz” initiative led by the Ministry of Digital Affairs and Transport. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Arjan van der Eijk, Deutschlandnetz, Dr. Volker Wissing, E.ON, fast charging stations, Germany, partnership, Patrick Lammers, sustainability
(IN BRIEF) TotalEnergies has secured a contract to install and operate 1,100 high-power charge points (HPC) for electric vehicles (EVs) as part of the German government’s “Deutschlandnetz” initiative. These charging points, offering up to 200 kW charging power, will be … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged electric mobility, EV charging network, Germany, High Power Charging (HPC), partnership, sustainability, Thierry Pflimlin, TotalEnergies
(IN BRIEF) Rolls-Royce has achieved a significant milestone in the development of a small gas turbine designed to power hybrid-electric flight. The engine incorporates novel combustion technology, resulting in ultra-low emissions. This achievement marks the effectiveness of the compact, power-dense … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged eSTOL, eVTOL, gas turbine, hybrid-electric flight, Matheu Parr, Rolls-Royce, turbogenerator
(IN BRIEF) BAE Systems and Malloy Aeronautics demonstrated the capabilities of the T-600 heavy lift uncrewed air system (UAS) during the NATO exercise REPMUS 2023 in Portugal. The T-600 is an electric-powered UAS with vertical take-off and landing capabilities, capable … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Technology, United Kingdom
Tagged BAE Systems, Dave Quick, General Dynamics UK, L3 Harris, Malloy Aeronautics, NATO Maritime Exercise, Neil Appleton, partnership, PORTUGAL, REPMUS 2023, sustainability, T-600 Heavy Lift Uncrewed Air System
(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan agreement with Bocconi University in Milan to support the modernization and decarbonization of its campus facilities. This initial tranche of €30 million will fund the construction, renovation, … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bocconi University, Campus Upgrades, decarbonization, EIB, Gelsomina Vigliotti, modernization, partnership, REPowerEU, Riccardo Taranto, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €175 million loan agreement with Valmet, a Finnish technology and services provider for the pulp, paper, and energy sectors. This financing will support Valmet’s research, development, and innovation activities, aiming … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIB, Energy Industries, Janne Pynnönen, paper, partnership, pulp, R&D, REPowerEU, sustainability, Thomas Östros, Valmet
(IN BRIEF) The European Investment Bank (EIB) has published its “Financing in Africa Survey 2023,” offering insights into the evolving financial landscape in Africa. Conducted in partnership with 33 leading banks across the continent, the survey highlights the challenges and … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) participated in the 43rd ASEAN Summit and related ASEAN Indo-Pacific Forum, focusing on sustainable initiatives, economic growth, and climate action in ASEAN countries. Vice-President Kris Peeters highlighted the EIB’s commitment to supporting green … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged ASEAN Indo-Pacific Forum, ASEAN Summit, Edvardas Bumsteinas, EIB, green transition, H.E. Sujiro Seam, Indonesia, Kris Peeters, partnership, Samuel Miquel, Sunita Lukkhoo, sustainability, sustainable investments, Vietnam
(IN BRIEF) Arkema, a leading producer of dimethyl disulfide (DMDS), is increasing its global production capacity of this vital additive at its Beaumont site in the United States. DMDS plays a crucial role in converting vegetable oils and agri-food waste … Read the full press release
(IN BRIEF) Arkema is set to introduce a groundbreaking purification technology at its Carling production site in France by 2026, aiming to cut CO2 emissions by 20%. This investment aligns with Arkema’s climate plan validated on a 1.5°C trajectory by … Read the full press release
(IN BRIEF) Arkema has revealed its ambitious growth strategy, aiming to achieve €12 billion in sales with an 18% EBITDA margin by 2028. This plan hinges on leveraging sustainable innovation and technologies, bolstering the company’s portfolio, and capitalizing on megatrends … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Arkema, Capital Markets Day, growth plan, sustainability
(IN BRIEF) Arkema, a global leader in specialty chemicals, has announced a substantial €50 million investment to expand its organic peroxide production capacities at its Changshu site in China. This strategic move, which is part of the company’s global expansion … Read the full press release
(IN BRIEF) Avedøre Power Station, located south of Copenhagen and operated by Ørsted, is embarking on an ambitious carbon capture and storage (CCS) initiative as part of its transition to greener energy sources. The power station, which has already phased … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Avedøre Power Station, Copenhagen, COWI, Innovative Carbon Capture, Ole Biede, partnership, Storage Project, sustainability, Ørsted
(IN BRIEF) Kuehne+Nagel and Capgemini have entered into a groundbreaking strategic agreement to establish an industry-leading supply chain orchestration service designed to offer comprehensive end-to-end solutions throughout the supply chain network. This strategic partnership aims to help businesses maintain agility … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Capgemini, Gianfranco Sgro, innovative, Kuehne+Nagel, Oliver Pfeil, Orchestration Services, partnership, supply chain, sustainability
(IN BRIEF) Skanska has entered into an agreement with Region Värmland to construct a groundbreaking new reception building at the Central Hospital, CSK, located in Karlstad, Sweden. Valued at approximately SEK 740 million, this contract will be recorded as part … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a seven-year loan agreement with Norwegian utility company Varanger Kraft to support the upgrade of their hydrogen facility and the improvement of the electricity distribution network in Norway’s Varanger region. … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged André Küüsvek, Green Energy, hydrogen, NIB, Norway, partnership, sustainability, Varanger Kraft
(IN BRIEF) Plenitude, a subsidiary of Eni focused on renewable energy, has inaugurated its first photovoltaic plant in Kazakhstan near Shaulder village in the Turkistan Region. With an installed capacity of 50 MW, this facility marks Plenitude’s entry into the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Darkhan Satybaldy, Eni, Kazakhstan, Marco Alberti, partnership, Photovoltaic Plant, Plenitude, Shaulder photovoltaic farm, Stefano Goberti, sustainability
(IN BRIEF) Michelin has successfully completed its acquisition of Flex Composite Group (FCG) as part of its Michelin in Motion 2030 strategy, cementing its position as a leader in high-tech engineered fabrics and films. FCG, a European leader in this … Read the full press release
Posted in Automotive, Business, Financial, France, Industrial, Investment, Management, News
Tagged acquisition, Fabric and Film, Flex Composite Group, leadership, Michelin, partnership
(IN BRIEF) bp has entered into an agreement with Harmony Energy Income Trust (HEIT) to deliver physical power trading and optimization services for two battery storage projects in the UK. The projects, Hawthorn Pit (49.9MW / 99.8MWh) and Wormald Green … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Battery Storage Projects, Hawthorn Pit, HEIT, Hormoz Ala, Lightsource BP, Optimization Services, partnership, Paul Mason, Power Trading, sustainability, UK, Wormald Green
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