(IN BRIEF) The European Network for Cyber Security (ENCS) welcomes Floene as its newest member, focused on enhancing cyber defenses in Europe’s energy sector. Floene manages Portugal’s largest gas distribution network and boasts modern infrastructure for renewable gas distribution, including … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Internet & Online, Netherlands, Portugal, Security & Safety, Technology
Tagged Anjos Nijk, biomethane, cyber defenses, Cybersecurity, ENCS, ENERGY, Floene, gas distribution network, gas infrastructure, hydrogen, PORTUGAL, renewable gases, The European Network for Cyber Security, Wagner Castro
(IN BRIEF) Alfa Laval, as part of the Swedish delegation to COP28, is actively participating in discussions and collaborations to expedite the transition to net-zero emissions by 2050. The company’s focus revolves around the systemic shift in key industries, including … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, Media, News, Sweden, Technology
Tagged Alfa Laval, climate change, COP28, net-zero emissions, partnership, sustainability, transition
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Austria, EBRD, European Union (EU), Green Energy, investments, Martin Leberle, Montenegro, NLB Banka a.d. Podgorica, partnership, Remon Zakaria, sustainability, Yngve Engstroem
(IN BRIEF) AFRY, a global sustainability and engineering company, is participating in COP28, the United Nations Climate Change Conference, as part of the Business Sweden delegation. AFRY aims to highlight its sustainable solutions and leadership in addressing the climate crisis. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Sweden, Technology
Tagged AFRY, biodiversity, Brendan Cronin, Business Sweden, clean energy, climate change, climate crisis, climate goals, COP, COP28, COP28 conference, greenhouse gases, Henrik Tegnér, Jonas Gustavsson, Linda Pålsson, sustainability, UNFCCC
At the House of Lords, the Palace of Westminster, World Technology Congress (WTC) featured “the new mobility landscape” as a theme for the Fall Session which addressed major challenges and opportunities of the mobility industry. (IN BRIEF) The World Transportation … Read the full press release
Posted in Automotive, Business, Economy, Education, Electronics & Machinery, Energy, Gas & Oil, Industrial, Technology, Transportation & Logistics, United Kingdom
Tagged advancements of autonomous, AI, Bernd Mattner, Bilderberg, Conference, Dominika Haberova, electrification, Freeman De Bouvet Capital, Hyundai CRADLE, INNOVATION, John-Rawicz Szczerbo, Laureti group, Marcus Paleti, mobility, Mr. Benedikt Gruetz, Pall Mall Investments, Roger Allen, St. Jude’s Steve McGuire, sustainable transportation, the House of Lords, the new mobility landscape, the Palace of Westminster, US Capital, Wilton Group, World Technology Congress, WTC, WTC Banquet, WTC conference
(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged EnBW, energy transition, Financial, investment, Thomas Kusterer
(IN BRIEF) Rolls-Royce has reached a significant milestone by successfully completing compatibility testing of 100% Sustainable Aviation Fuel (SAF) on all its in-production civil aero engine types, fulfilling a commitment made in 2021. The ground and flight tests, involving various … Read the full press release
(IN BRIEF) TotalEnergies is expanding its presence in the Texas power market by signing an agreement to acquire three gas-fired power plants from TexGen for $635 million. These plants, with a combined capacity of 1.5 GW, are strategically located close … Read the full press release
(IN BRIEF) In a significant move towards sustainable stainless steel production, Outokumpu has partnered with Envigas AB, a leading biocarbon producer, by acquiring a 20% ownership share. Outokumpu’s commitment to reducing carbon dioxide emissions by 42% by 2030 aligns with … Read the full press release
(IN BRIEF) BevZero, a prominent player in beverage industry innovation, has launched its advanced energy-saving Tank Insulation system, “BevClad,” in Europe. This marks a significant milestone in Europe’s tank insulation sector, known for its commitment to energy efficiency and sustainability. … Read the full press release
Posted in Business, Energy, Gas & Oil, Food & Beverage, Industrial, Spain, Technology
Tagged BevClad, Beverage Industry, BevZero, energy efficiency, energy saving, Jerome Eckert-Nathan, Renee Timmons, superior thermal protection, sustainability, Tank Cladding, tank insulation, Tank Insulation system, Wine production, Wine Tank Cladding, Wine Tank Insulation, Winemaking, winery facilities
(IN BRIEF) EnBW Energie Baden-Württemberg AG has successfully concluded the sale of a minority stake in its subsidiary, TransnetBW, to the federal government and KfW. The federal government has acquired a 24.95% minority stake, while KfW exercised its option to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged acquistion, Dirk Güsewell, Dr. Werner Götz, EnBW, Federal Government, KfW, Minority Stake, partnership, sustainability, Thomas Kusterer, TransnetBW
(IN BRIEF) E.ON and Heidelberg University Hospital have officially opened a new cooling center in Heidelberg, Germany, in response to a significant increase in cooling needs on the Heidelberg University campus. The facility, designed for a maximum capacity of 48 … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Technology
Tagged Anna Jasper-Martens, cooling, cooling center, cooling generation, cooling plant, E.ON, German Cancer Research Center, heating, Heidelberg Technology Park, Heidelberg University, Patrick Schneckenburger, Steam, University Hospital
(IN BRIEF) MOL Group has announced its financial results for Q3 2023, reporting a clean CCS EBITDA of USD 976 million, a 33% decrease compared to the same period last year. Windfall taxes in the CEE region significantly impacted results, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Hungary, Industrial, Investment, Management, News
Tagged 2023 Financial Results, Financial, investment, MOL Group, Zsolt Hernádi
(IN BRIEF) Proterra Inc. and Proterra Operating Company Inc. have initiated a voluntary Chapter 11 bankruptcy process in the United States, and Volvo Group has emerged as the winning bidder in an auction to acquire the assets of the Proterra … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged acquisition, Battery-Electric Business, California, Chapter 11 Bankruptcy Auction, Financial, investment, partnership, Proterra Inc., Proterra Operating Company, Volvo Group
(IN BRIEF) DHL Freight is building a new terminal in Berlin-Marienfelde, aiming to enhance its network and sustainability. This 20,000-square-meter facility will replace an existing one in Berlin, offering better freight distribution in the area. The new terminal will operate … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Transportation & Logistics
Tagged Berlin, Björn Michelchen, DHL Freight, DHL Freight terminal, Götz Hanningsmann, Marc Urbatsch, Marienfelde, Martin Grimm, Martina Marijnissen, renewable energy, road freight, sustainability, Thomas Vogel
(IN BRIEF) Scania West Africa, in partnership with TotalEnergies Marketing Côte d’Ivoire, ANADER, and LA SIR, has inaugurated a biodiesel pilot project in Abidjan, Côte d’Ivoire. This initiative aims to significantly reduce emissions from public transport and create local jobs … Read the full press release
(IN BRIEF) DNV’s “Pathway to Net Zero Emissions” report emphasizes the need for immediate and lasting emissions reductions to limit global warming to 1.5°C. The report acknowledges that achieving a fully fossil-free energy system by 2050 is unrealistic and instead … Read the full press release
(IN BRIEF) A new Green Finance Facility (GFF), valued at €30 million, has been introduced in North Macedonia to provide small and medium-sized enterprises (SMEs) and creditworthy underserved individuals and households with loans for renewable energy and energy efficiency projects. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged Aleksandra Vukosavljevic, Armen Grigoryan, Dmitry Mariyasin, Fatmir Bytyqi, Green Finance Facility, investments, NORTH MACEDONIA, partnership, Rania Sharshr, renewable energy, Rossana Dudziak, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Erste Bank Austria have jointly provided loans of up to €79.2 million to WLK energy for the construction of the new Engelhartstetten wind farm in Lower Austria. This wind farm will consist … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Engelhartstetten Wind Farm, Erste Bank Austria, Gerda Holzinger-Burgstaller, green energy transition, Mario Wohanka, partnership, Stephan Pernkopf, sustainability, Thomas Östros, WLK energy
(IN BRIEF) The European Investment Bank (EIB) has recently entered into a €30.5 million loan agreement with DOMINION, a multi-technology services and integrated projects company, to fund the development of cutting-edge technology aimed at designing innovative engineering and computing solutions. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Spain, Technology, Telecom
Tagged DOMINION, EIB, Europe, European Union, Germany, Gilles Badot, INNOVATION, Mikel Barandiaran, partnership, Spain, sustainability, technology
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