(IN BRIEF) Hydro Rein, Hydro’s renewable growth venture, has struck a deal with Swedish renewable energy developer IOWN Energy to acquire an 80 percent stake in a 2.4 GW portfolio of wind power projects in Sweden and Norway. The partnership … Read the full press release
(IN BRIEF) DNV played a crucial role in facilitating Macquarie Capital’s decision to invest in ChargeZone, a leading Indian provider of EV charging infrastructure. Conducting technical due diligence (TDD) for the investment, DNV leveraged its expertise in the EV industry … 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, ChargeZone, DNV, EV Charging Infrastructure Expansion, Felix Liebrich, INDIA, investment, Macquarie Capital, partnership, sustainability
(IN BRIEF) A collaborative effort led by GTT Group, Lloyd’s Register, and Shell International Trading and Shipping Company Limited has concluded that inspection intervals for LNG carrier membrane tanks could be safely extended, thanks to advancements in monitoring technology and … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Andy McKeran, Anouar Kiassi, Ascenz Marorka, GTT Group, Lloyd’s Register, LNG Carrier Tank Inspection, monitoring technology, partnership, Safe Extension, Shell International Trading, Shipping Company Limited, sustainability
(IN BRIEF) Rolls-Royce has equipped X-FAB Sarawak, a division of X-FAB, with four mtu Kinetic PowerPacks to ensure uninterrupted power supply for its semiconductor manufacturing facility in Kuching, Malaysia. These units, engineered to handle fluctuating power demands, provide immediate, high-quality … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Bryan Foo, Elvenrey Rios, Malaysia, partnership, power solutions, Rolls-Royce, Sarawak, semiconductor, sustainability, X-FAB
(IN BRIEF) Telefónica, a leading telecommunications company, has significantly improved its energy efficiency through technological innovations despite a surge in data traffic. Since 2015, Telefónica reduced its energy consumption by 8.6% while traffic multiplied by 8.6 times. The company’s Autonomous … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Spain, Technology, Telecom
Tagged ANJ program, Autonomous Network Journey program, Carbon Pricing Mechanisms, CO2 emissions, energy efficiency, Energy Savings as a Service, ESaaS, Legacy Shutdowns, renewable energy, sustainability, Technological Innovations, Telefónica, Traffic Surge
(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, met with His Highness Shaikh Nasser bin Hamad Al Khalifa and Mark Thomas of Bapco Energies in Bahrain, laying the groundwork for collaboration. TotalEnergies will support Bapco Energies in optimizing its … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged Bahrain, Bapco Energies, His Highness Shaikh Nasser bin Hamad Al Khalifa, Mark Thomas, partnership, Patrick Pouyanné, Petroleum Operations, sustainability, TotalEnergies
(IN BRIEF) Neste, a global leader in sustainable solutions, introduces “Neste Impact,” a groundbreaking emission reduction solution empowering businesses to curtail their air travel-related carbon footprint. By purchasing Neste MY Sustainable Aviation Fuel™, companies can achieve up to an impressive … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Travel
Tagged 'Neste Impact', Aviation, emissions, Kristina Öström, Neste, SAF, Susanna Sieppi, sustainability
(IN BRIEF) Enel Grids, Enel Group’s electricity distribution arm, achieved a record-breaking milestone in 2023 by connecting nearly 540,000 new producer-prosumer connections globally, adding 7.9 GW of renewable capacity to its grids. Italy leads with 1.5 million connections, while Spain … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged Andalusia, Aragon, Balearic, Canary Islands, Catalonia, electricity distribution, Enel Grids, Enel Group, Gianni Vittorio Armani, Global Renewable Capacity, grids, Italy, Producer-Prosumer Connections, renewable energy, Spain
(IN BRIEF) Atlas Copco Group has acquired Zahroof Valves Inc., a company specializing in reciprocating compression valve technology based in Houston, Texas. Zahroof Valves’ innovative technology is renowned for reducing emissions and enhancing energy efficiency in the oil and gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Sweden, Technology
Tagged acquisition, Atlas Copco Group, carbon capture, energy efficiency, gas, gas compression applications, HOUSTON, hydrogen, oil, oil and gas industry, petrochemical, Petrochemical Industry, reciprocating compression valve technology, reduce emissions, sustainability, Texas, Vagner Rego, Zahroof Valves, Zahroof Valves Inc.
(IN BRIEF) In Langenenslingen, Baden-Württemberg, a groundbreaking ceremony marked the initiation of construction for the region’s largest solar park, set to produce 80 megawatts (MW) of sustainable energy. EnBW, the project’s developer, aims to power approximately 30,000 households with the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News
Tagged Baden-Württemberg, Franz Freiherr Schenk von Stauffenberg, Mario Glaser, Mayor Andreas Schneider, partnership, solar park, sustainability, Thorsten Jörß
(IN BRIEF) The Zumtobel Group, based in Vorarlberg, Austria, was awarded the inaugural “Sustainable Exhibition Stand” prize at the Light + Building trade fair in Frankfurt for its innovative and environmentally conscious booth concept. The concept, which blends sustainability with … Read the full press release
(IN BRIEF) Gasum, an energy company, is set to open a new filling station in Vänersborg, Sweden, in collaboration with logistics firm Centralen, aiming to address the increasing demand for biogas across the Nordics. Scheduled to open on March 11, … Read the full press release
(IN BRIEF) Outokumpu, a key player in sustainable stainless steel production, has joined forces with Q Power, a Finnish Power-to-X technology firm, to embark on a venture aiming to explore the production of synthetic methane at Outokumpu’s Tornio site in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Eero Paunonen, Outokumpu, partnership, Q Power, Stainless Steel, Stefan Erdmann, sustainability, Synthetic Methane Innovation
(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release
(IN BRIEF) Equinor, following consultation with the Civil Aviation Authority, has made the decision to resume flights with Sikorsky S-92 helicopters to installations on the Norwegian continental shelf (NCS). This decision comes after a temporary suspension of all flights following … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Industrial, Management, News, Norway, Security & Safety
Tagged Baste Daltveit, Equinor, Helicopter Flights, Kjetil Hove, Safety Review
(IN BRIEF) RWE Generation’s natural gas combined cycle units F and G, along with the K1 gas turbine at the Gersteinwerk site in Werne, have secured a contract to provide 820 megawatts of reserve power in the period from October … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dr. Aiko Vogelsang, partnership, RWE, sustainability, Werne Plants
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group are teaming up to advance solar energy development in Poland through a €45 million joint loan to PL-SUN Sp.z.o.o. This funding will support the construction of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, United Kingdom
Tagged Andrius Stonkus, EBRD, Eiffel Investment Group, Elisabetta Falcetti, partnership, Poland, solar energy, sustainability
(IN BRIEF) AFRY has announced its acquisition of Carelin Oy, a leading provider of project management, energy, and asset care services in the Finnish renewable energy market. This strategic move aims to enhance AFRY’s offerings in the renewables sector, allowing … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Sweden, Technology
Tagged acquisiiton, advisory services, ÅF Pöyry, AFRY, Andrea Giesecke, Asset care, Asset lifecycle management, Carelin Oy, clean energy, Construction preparation, decarbonisation, design, digital services, energy services, energy storage, engineering, Finnish renewable sector, Full lifecycle services, Linda Pålsson, Market leader, Market presence, Nasdaq Stockholm, net sales, Operations and Maintenance, Oulu, Owner's Engineering, Project care services, project management, renewable energy, Seinäjoki, Site care, solar power, Strategic acquisitions, sustainable society, Tampere, Technical inspections, Ville Alatalo, wind power, Ylivieska
(IN BRIEF) The Nordic Investment Bank (NIB) has entered a 7-year loan agreement with Arva AS, a Norwegian distribution grid operator, to bolster the efficiency and resilience of the electricity distribution network in Northern Norway. Valued at NOK 500 million … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Norway
Tagged Arctic Norway, Arild Moen, Arva AS, Bodø Energi, charging infrastructure, credit rating, economic growth, Electricity distribution network, Electrification of society, financial institution, Grid efficiency, Grid resiliency, Infrastructure refurbishment, Investment programme, Moody’s, NIB, Nordic Investment Bank, Patrik Marckert, power lines, Public sector financing, Standard & Poor's, Sub-stations, Troms Kraft
(IN BRIEF) Roland Berger has successfully finalized its acquisition of Amane Advisors, a specialized consulting firm focusing on water, resource, and energy recovery. This strategic move bolsters Roland Berger’s expertise in water consulting, positioning the firm as a leader in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Management, United Kingdom
Tagged Amane Advisors, Blue-chip companies, business strategy, climate change, energy recovery, environmental challenges, Geoff Gage, Geographic fit, Industry expertise, Public organizations, resource recovery, Roland Berger, Stefan Schaible, Strategic consulting, Strategic fit, sustainability, waste management, Water consulting, water cycle, water management
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