(IN BRIEF) Rheinmetall, a tech enterprise, has developed a plug-and-play heat pump solution for hydrogen-powered trucks. This innovative system, previously used in electric vehicles, construction equipment, and boats, aims to maximize fuel cell truck efficiency and extend their operating range. … Read the full press release
(IN BRIEF) Volkswagen brand saw a significant increase in vehicle deliveries worldwide in 2023, with around 4.87 million vehicles handed over to customers, representing a 6.7% increase compared to 2022. The demand for all-electric vehicles also grew, with Volkswagen delivering … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged deliveries, electric mobility, Imelda Labbé, vehicle, Volkswagen
(IN BRIEF) Eni, an energy company, has reported the acquisition of 4,640,950 treasury shares, equivalent to 0.14% of its share capital, between January 2 and January 5, 2024. The shares were purchased on the Euronext Milan stock exchange at an … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged acquisition, buyback program, Eni, Financial, investment, treasury shares
(IN BRIEF) Plenitude, a renewable energy company and subsidiary of Eni New Energy US Inc., has signed an agreement with EDP Renováveis (EDPR) to acquire an 80% equity stake in three operational photovoltaic plants in the United States. The Cattlemen … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate
Tagged acquisition, Blue Harvest (Ohio), EDPR, Eni, Miguel Stilwell d’Andrade, partnership, Plenitude, Renewable Portfolio, solar parks, Stefano Goberti, sustainability, The Cattlemen (Texas), Timber Road (Ohio), USA
(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million quasi-equity loan to GDI, a US-based company with an affiliate in the Netherlands, to develop silicon anode technology for batteries. This technology aims to replace graphite in batteries … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged Ambroise Fayolle, Battery Performance, EIB, GDI, innovative, Netherlands, partnership, Rob Anstey, Silicon Anode Technology, sustainability, USA
(IN BRIEF) RWE, a global leader in renewable energies, has achieved a significant milestone by connecting its 20th onshore wind farm to the grid in Poland. The Żnin wind farm, located in Kujawsko-Pomorskie, boasts 16 wind turbines with a total … Read the full press release
(IN BRIEF) Vattenfall has achieved a significant milestone by completing the Vesterhav Syd offshore wind farm, connecting it to the Danish power grid. All 20 wind turbines at the site are now operational, supplying fossil-free electricity to approximately 170,000 Danish … Read the full press release
(IN BRIEF) London Gatwick Airport has made history by inaugurating the world’s first Electric Forecourt® – a dedicated electric vehicle (EV) charging station developed by GRIDSERVE. Situated on the approach to the South Terminal, this cutting-edge facility offers 30 charging … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bronwen Jones, charging station, Electric Forecourt®, electric vehicle, GRIDSERVE, London Gatwick, partnership, sustainability, Toddington Harper, VINCI Airports
(IN BRIEF) GTT, a leading engineering company specializing in membrane containment systems for the liquefied natural gas (LNG) industry, has announced receiving two orders in 2023 for the tank design of new Liquefied Natural Gas Carriers (LNGC). The first vessel, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged GTT, LNG carriers, partnership, shipyards, South Korea, sustainability
(IN BRIEF) DNV has initiated a joint industry project (JIP) alongside ten offshore wind and transmission developers to facilitate the integration of High Voltage Direct Current (HVDC) transmission into the U.S. electric grid. HVDC is crucial for efficiently incorporating offshore … Read the full press release
(IN BRIEF) DNV’s Alternative Fuels Insight (AFI) platform reported a significant increase in orders for ships with alternative fuel propulsion in 2023, totaling 298, marking an 8% year-on-year rise. Notably, methanol gained prominence with 138 orders, nearly on par with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged Alternative Fuels Insight (AFI) Ships, DNV, green transition, Knut Ørbeck-Nilssen, maritime industry, Martin Wold, partnership, sustainability
(IN BRIEF) EcoDataCenter, a leading sustainable data center provider, is set to make an industry-first move by deploying Alfa Laval heat exchangers made from recycled steel produced without new CO2 emissions from SSAB. This collaboration marks a significant step towards … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Alfa Laval, Anna Blomborg, Data Center Carbon Emissions, EcoDataCenter, partnership, Peter Michelson, Recycled Steel Heat Exchangers, SSAB, SSAB Zero, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million) to subsidiaries of Eurowatt Green Energy Group SA, Baltic Sea Polska II sp. z o.o., and C&C … 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 Baltic Sea Polska II sp. z o.o., C&C Wind sp. z o.o., EBRD, Eurowatt Green Energy Group SA, partnership, Poland, renewable energy projects, sustainability
(IN BRIEF) Wood has secured a contract from HD Hyundai Heavy Industries to provide detailed engineering for the topsides facilities on Woodside Energy’s Trion Floating Production Unit (FPU) in the Gulf of Mexico. The Trion FPU, a greenfield development, represents … Read the full press release
(IN BRIEF) Engineering and consulting company Wood is undertaking a project to evaluate the feasibility of converting 125 kilometers of natural gas pipelines into infrastructure for hydrogen transportation along the Mediterranean coast for an energy company in southern Europe. This … Read the full press release
(IN BRIEF) Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Spain
Tagged Alfonso García Mora, Fossil Fuel-Dependent, Iberdrola, International Finance Corporation (IFC), José Sainz Armada, MOROCCO, partnership, Poland, renewable projects, sustainability, Vietnam, World Bank
(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release
(IN BRIEF) Bosch is at CES 2024, presenting its commitment to driving electrification and sustainable energy use, with a focus on hydrogen as a key solution. The company highlights innovations such as automated valet charging for electric vehicles, the use … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Bosch, CES 2024, electrification, hydrogen, innovations, Mike Mansuetti, sustainability, Tanja Rückert
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing up to €100 million in Taaleri SolarWind III, a fund managed by Finland-based Taaleri Energia. This investment aims to support the development of 800 MW of new renewable … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Anne Fossemalle, EBRD, Finland, fund, Kai Rintala, partnership, renewable energy projects, sustainability, Taaleri Energia, Taaleri SolarWind III
(IN BRIEF) Denmark has launched the Green Fuels Alliance India (GFAI) initiative in collaboration with A.P. Moller – Maersk and other organizations, aiming to boost sustainable energy solutions and advance their global goal of carbon neutrality. GFAI will foster innovation, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Brdr. Christensen, Danfoss, Denmark, energy solutions, European Sustainable Solutions, Green Fuels Alliance, H.E. Freddy Svane, Hydrogen Denmark, INDIA, Jillian Evanko, Maersk, Mash Makes, Morten Bo Christiansen, Mr Tejs Laustsen Jensen, Novozymes, partnership, sustainability, Topsoe, Umwelt Energy
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