(IN BRIEF) Telia and Danfoss Leanheat have teamed up to introduce an innovative heating optimization solution in Finland. By installing Telia’s Indoor Climate Monitoring sensors in apartments, gathering indoor data, and connecting it to a cloud service for analysis, the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged Danfoss Leanheat, energy consumption, energy optimization, Finland, heating optimization, Indoor Climate Monitoring sensors, Kimmo Ahvenlampi, Lauri Hiekkanen, smart building solutions, Telia, Telia Heating Optimization
(IN BRIEF) International technology group ANDRITZ and tissue producer Softys Peru have joined forces to create an innovative hybrid Yankee hood heating system, marking an industry-first achievement. This system allows for a flexible combination of electric and natural gas heating, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(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
Tagged 5G technology, Carl Mellander, EIB, energy efficiency, Ericsson, funding, partnership, sustainability, Thomas Östros
(IN BRIEF) Fortum’s efficiency program, launched in November 2023, has prompted discussions regarding potential job reductions within the Fortum Consumer Solutions business unit and the IT unit. Approximately 1,080 employees across Finland, Sweden, Norway, and the IT unit in Poland … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Management, News
Tagged change negotiations, Fortum, job reductions
(IN BRIEF) Ørsted has announced its decision to reposition the Skipjack Wind project, a combined 966 MW offshore wind project off the coast of the Delmarva peninsula in the US, to explore future offtake opportunities. In consultation with the State … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Management, News
Tagged David Hardy, Skipjack Wind Project, Ørsted
(IN BRIEF) bp and Equinor have entered into an agreement to restructure the ownership of their joint US offshore wind projects, resulting in bp acquiring Equinor’s 50% stake in the Beacon Wind 1 and 2 projects, while Equinor takes ownership … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has given its approval for a second loan tranche of PLN 1 billion to ENEA to support the modernization and renovation of the electricity distribution network in western Poland. This follows the first … Read the full press release
(IN BRIEF) ORLEN, an energy company, has experienced rapid expansion with acquisitions in Austria, Germany, Slovakia, and Hungary, increasing its foreign station count by nearly a third in the past year. They are finalizing the purchase of over 60 service … Read the full press release
Posted in Austria, Czech Republic, Energy, Gas & Oil, Germany, Hungary, Industrial, Investment, Lithuania, Poland, Slovakia
Tagged acquisitions, Austrocard, Daniel Obajtek, EV charging points, fuel stations, Hydrogen Refuelling Stations, MOL, OMV, ORLEN, Star Connect, Stop Cafe, Turmöl, Turmstrom
(IN BRIEF) The University of Liverpool, along with three other UK universities supported by the Science and Technology Facilities Council (STFC), has officially become part of the Matter-wave Atomic Gradiometer Interferometric Sensor (MAGIS-100) experiment, led by the U.S. Department of … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Dark Matter Mysteries, Dr. Lia Merminga, Fermi National Accelerator Laboratory (Fermilab), Mark Thomson, Matter-wave Atomic Gradiometer Interferometric Sensor (MAGIS-100) experiment, partnership, Professor Joost Vossebeld, Science and Technology Facilities Council (STFC), sustainability, U.S. Experiment Probing Quantum Physics, University of Liverpool
(IN BRIEF) TotalEnergies and Corio Generation have been awarded a 20-year contract by the State of New Jersey to supply 1.34 GW of renewable electricity through their Attentive Energy Two offshore wind project, benefitting over 650,000 homes. The project, a … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities
Tagged Attentive Energy Two, Corio, Corio Generation, electricity, Jonathan Cole, New Jersey, New York Bight auction, NJBPU, OCS-A 0538, Offshore Renewable Energy Credits, Offshore wind, OREC, renewable electricity, renewable power, RISE, TotalEnergies, Vincent Stoquart
(IN BRIEF) Equinor has chosen Lufttransport RW AS to operate two new search and rescue (SAR) helicopters for the Troll and Oseberg areas, boosting helicopter capacity. Lufttransport is now the third helicopter operator eligible for Norwegian Continental Shelf (NCS) assignments. … Read the full press release
(IN BRIEF) DHL Group has signed a significant 10-year green energy agreement with RWE Supply & Trading, starting in 2026, to purchase approximately 104 gigawatt-hours of renewable electricity annually. This move aligns with DHL Group’s commitment to decarbonization and sustainability, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Amrumbank West, Anna Spinelli, DHL Group, electricity, green electricity, Hendrik Niebaum, Kaskasi offshore wind farm, logistics, Nordsee Ost, offshore wind farm, recyclable rotor blades, renewable energies, RWE, RWE wind farms
(IN BRIEF) 3Sun, a photovoltaic cell and module production gigafactory owned by Enel Green Power, has successfully obtained a substantial financial package of 560 million euros to expand its production capacity, making it the largest solar factory in Europe with … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged 3SUN, Banco BPM, BPER Banca, Clean Energy Production, EIB, Enel Green Power, Italy, partnership, SACE, Solar Panel Gigafactory, sustinability, UNICREDIT
(IN BRIEF) Wienerberger, a full-range provider of photovoltaic roof solutions, is investing in eFriends, a decentralized energy-sharing platform that allows users to share self-produced solar power in real-time via a mobile app. This initiative aligns with the EU’s goal to … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Decentralized Energy Sharing, eFriends, Heimo Scheuch, investment, partnership, solar energy, sustinability, Wienerberger
(IN BRIEF) Ten Spanish companies are joining forces for the groundbreaking Hympulso project, aiming to develop a renewable hydrogen fuel cell-based propulsion system for a high-speed train. Led by Talgo, the initiative includes partners like Golendus, Ingeteam, Repsol, Sener, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged ADIF, EPowerlabs, Golendus, High-Speed Train Project, hydrogen-powered, Hympulso project, Ingeteam, Optimus3D, partnership, Repsol, SENER, Spain, sustinability, TALGO, Tecnalia, Universidad Pontificia Comillas
(IN BRIEF) PNE Group has commissioned and added two new wind farms in Schleswig-Holstein, Germany, with a combined rated output of 21.6 MW to its renewable energy portfolio. The wind farms are located in Hamwarde and near Stuvenborn and consist … Read the full press release
(IN BRIEF) Eurogrid, the parent company of 50Hertz, a transmission system operator, has secured 1.5 billion euros through its third and fourth Green Bond issuances. These funds will support grid expansion projects on land and at sea to enhance the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Technology
Tagged 50Hertz, Banco Santander, energy transition, Eurogrid, green bond, Grid Expansion, Marco Nix, Mizuho Bank, Rabobank, renewable electricity, transmission system, UniCredit Bank
(IN BRIEF) Spotr, a Dutch AI-powered property data platform, has secured €4.5 million in funding from EDF Pulse Ventures and existing investors to advance its mission of creating a vast image-driven property database. This funding will help Spotr address critical … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities, Netherlands, Real Estate, Technology
Tagged AI, AI-powered, combating underinsurance, decarbonization, Digital Twin, Dirk Huibers, EDF Group, EDF Pulse Ventures, funding, housing, InnovationQuarter, Julien Villeret, Machine Learning, property data platform, property database, Spotr, Volta Ventures
(IN BRIEF) The Windward Offshore consortium has exercised options to expand its contract with Vard, a subsidiary of the Fincantieri group, for the design and construction of two additional hybrid Commissioning Service Operation Vessels (CSOVs), bringing the total to four … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Blue Star Group, Diana Shipping Inc., Fincantieri, Hybrid CSOVs, partnership, sustainability, Vard, Windward Offshore
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