(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release
(IN BRIEF) GreenPowerMonitor (GPM), a subsidiary of DNV, has unveiled its innovative Hybrid Power Plant Controller (GPM Hybrid PPC) designed to revolutionize the management of hybrid power plants. Unlike conventional renewable energy plants that rely on a single power source, … Read the full press release
(IN BRIEF) Local energy company Sorégies has secured financing through the InvestEU program, marking a significant step in its strategic plan to prioritize renewable energy development. Sorégies aims to self-generate at least 1,000 GWh of electricity by 2030, aligning with … Read the full press release
(IN BRIEF) The REFORMERS research project, funded under the EU’s Horizon Europe program, has officially commenced its mission to develop and roll out “Renewable Energy Valleys” (REVs) across Europe. The project’s flagship, located in the Netherlands between Alkmaar and Heiloo, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Science, Switzerland, Technology
Tagged Empa, EU, Europe, Netherlands, partnership, Philipp Heer, REFORMERS Project, Renewable Energy Valley, sustainability
(IN BRIEF) Garanti BBVA has revealed its dedication to supporting renewable energy initiatives with a €36.1 million financing agreement for the Işıklar Wind Power Plant, facilitated through BBVA’s Turkish unit in partnership with Dost Enerji. The wind power project will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Türkiye
Tagged BBVA, Dost Enerji, Garanti BBVA, Işıklar Wind Power Plant, Mahmut Akten, partnership, Renewable Energy Expansion, sustainability, Turkey
(IN BRIEF) Ernst & Young LLP (EY US) and Aspen Technology, Inc. have joined forces in an alliance that provides a comprehensive set of solutions to support industrial and energy clients in achieving sustainability goals while optimizing operations. This partnership … Read the full press release
(IN BRIEF) PT PLN Indonesia Power, a subsidiary of Indonesia’s state-owned electricity company PT PLN, has enlisted AFRY to perform Environmental and Social Impact Assessments (ESIAs) for five large solar photovoltaic (PV) projects situated on Java Island. These projects play … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Edwin Nugraha Putra, environmental, Environmental and Social Impact Assessments, Indonesia, partnership, Petteri Härkki, PT PLN Indonesia Power, solar PV projects, sustainability
(IN BRIEF) McLaren Racing and Mercedes-Benz have announced the continuation of their partnership in Formula One, with McLaren set to use Mercedes-AMG power units from 2026 to 2030. This partnership extension marks the 26th year of collaboration between the two … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Sports, Technology
Tagged Andrea Stella, Bruce McLaren, Formula One, Hywel Thomas, Markus Schaefer, McLaren Racing, Mercedes-Benz, partnership, sustainability, Toto Wolff, Zak Brown
(IN BRIEF) Neste, a global renewable fuels and sustainable solutions leader, has signed an important solar power purchase agreement with CPC Finland Oy. This deal will provide solar power to Neste’s Porvoo refinery in Finland, starting in spring 2024. The … Read the full press release
(IN BRIEF) DNV, in partnership with Siemens Energy and major industry players, has initiated a Joint Industry Project (JIP) aimed at improving the sustainability, reliability, and environmental responsibility of power transformers, critical components of the energy infrastructure. The project responds … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Christina Iosifidou, DNV, Joint Industry Project (JIP), Mohammad Reza Shah Mohammadi, partnership, power transformers, Prajeev Rasiah, Siemens Energy, sustainability
(IN BRIEF) Infineon Technologies AG, in collaboration with 22 project partners, has successfully concluded the PROGRESSUS research project, focusing on efficient energy conversion, intelligent electricity management, and secure network monitoring. With support from the Electronic Components and Systems for European … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Ukraine, United Kingdom
Tagged Denys Shmygal, EBRD, energy security, Espen Barth Eide, Gas Reserves, Matteo Patrone, Naftogaz, Norway, Odile Renaud-Basso, Oleksiy Chernyshov, partnership, sustainability, the Netherlands, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are joining forces to provide a €100 million financing package to ING Türkiye and ING Leasing in Türkiye, aiming to support green investments and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Türkiye, United Kingdom
Tagged Ayşegül Akay, Clean Technology Fund, EBRD, green investments, ING Türkiye, leadership, Oksana Yavorskaya, partnership, SMEs, sustainability, WOMEN, women empowerment
(IN BRIEF) Vestas has secured a 270 MW order to supply 60 V163-4.5 MW wind turbines for an undisclosed wind project owned by an ENGIE North America subsidiary in the USA. The order includes turbine supply, delivery, and commissioning, along … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Industrial, Technology
Tagged Dave Carroll, ENGIE North America, Laura Beane, turbines, USA, V163-4.5 MW wind turbines, Vestas, Wind Project
(IN BRIEF) Plenitude (Eni) and Saipem have entered into an agreement to install a 1 MWp photovoltaic system at Saipem’s offices in Fano, Italy. The system is expected to generate over 1,000 MWh of solar power annually, meeting a significant … Read the full press release
(IN BRIEF) Ericsson, a leading communications technology company, has successfully issued a €500 million green bond with a 4.5-year maturity. The bond, part of Ericsson’s Euro Medium Term Note Program (EMTN), will fund investments in energy efficiency. Ericsson’s CFO, Carl … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Sweden, Technology, Telecom
Tagged 2021 ICMA Green Bond Principles, Carl Mellander, CICERO Shades of Green, Citi, Credit Agricole CIB, Danske Bank, Deutsche Bank, EMTN, energy efficiency, Ericsson, ESG targets, Euro Medium Term Note Program, green bond, green financing, Green Financing Framework, mobile connectivity, renewable energy, SEB, sustainable financing
(IN BRIEF) International technology group ANDRITZ has received an order from Energie AG to supply equipment for the new Ebensee pumped storage power plant in Austria. This project, the largest investment by the utility, aims to enhance energy sustainability by … Read the full press release
(IN BRIEF) Schneider Electric, a leader in energy management and automation, is participating in the COP28 United Nations Climate Change Conference in Dubai. The company’s CEO and Chairman will attend the conference to advocate for an accelerated and equitable transition … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Management, Science, Technology
Tagged automation, climate conference, COP28, digital transformation, Energy management, energy transition, Jean-Pascal Tricoire, net zero, Peter Herweck, Schneider Electric, United Nations Climate Change Conference, Women Action Sustainability
(IN BRIEF) Lightsource bp is facilitating a European multi-buyer corporate power purchase agreement (PPA) for a solar asset portfolio set to be built in Spain in 2024. The global solar developer, with over 35GW of solar projects in development worldwide, … Read the full press release
(IN BRIEF) Infineon Technologies AG is extending its 650 V CoolMOS™ CFD7A series by introducing the QDPAK package to meet the growing demand for efficient and high-performance power electronics in electric vehicle (EV) charging systems. The QDPAK package offers equivalent … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged CoolMOS CFD7A Line, EV charging, Infineon, partnership, QDPAK Package, sustainability
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