(IN BRIEF) The European Investment Bank (EIB) Group, along with the European Investment Fund (EIF) and Instituto de Crédito Oficial (ICO), has invested in asset-backed securities (ABS) issued by Sabadell Consumer Finance to support the financial needs of small and … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Luxembourg, Spain
Tagged ABS, Antonio Cordero, asset-backed securities, Eduardo Currás De Don Pablos, EIB, EIF, European Investment Bank, European Investment Fund, Green Projects, ICO, Instituto de Crédito Oficial, Marjut Falkstedt, Mid-Caps, Ricardo Mourinho Félix, Sabadell Consumer Finance, SMEs, The EIB Group
(IN BRIEF) Equinor and RWE have signed a new supply agreement for natural gas, covering a period of five years starting in October. The agreement entails the supply of 10 to 15 terrawatt hours (TWh) of natural gas annually, strengthening … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Helge Haugane, natural gas, partnership, RWE, sustainability, transition
(IN BRIEF) RWE, an energy company based in Germany, has signed a new supply agreement with Equinor, a Norwegian energy company, for natural gas. The agreement spans five years, starting in October, with an annual volume ranging from 10 to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Germany, Helge Haugane, Natural Gas Supply, Norway, partnership, RWE, sustainability, transition
(IN BRIEF) AI technology has the potential to significantly reduce energy consumption in buildings, which account for a substantial portion of energy usage and carbon dioxide emissions in the EU. By using sensors to collect data on temperature, humidity, and … Read the full press release
(IN BRIEF) Gasum has expanded its gas filling station network by opening a new station in Keminmaa, Finland. This station is a significant milestone as it is the first gas filling station in Finnish Lapland, Gasum’s second northernmost station, and … Read the full press release
(IN BRIEF) Gasum has achieved its first ship-to-ship LNG bunkering operations in the port of Hamburg, Germany. The company successfully delivered LNG to two vessels: the MSC Euribia, a highly energy-efficient flagship belonging to MSC Cruises, and the VOX Ariane, … Read the full press release
(IN BRIEF) The Nobel Sustainability Trust (NST) and the Technical University of Munich (TUM) are introducing the “Sustainability Award supported by NST” for exceptional research and development efforts in sustainable energy and climate change economics. The inaugural recipients are Prof. … Read the full press release
Posted in Awards, Education, Energy, Gas & Oil, Environment, Germany, Technology
Tagged Bavarian Academy of Sciences and Humanities, climate change, climate change economics, EIT InnoEnergy, energy start-ups, London School of Economics and Political Science, Lord Nicholas Stern, Nobel Sustainability Trust, Nobel Sustainability Trust Summit, NST, Peter Nobel, Prof. Elena Bou, Prof. Thomas F. Hofmann, Sustainability Award supported by NST, sustainable energy, Technical University of Munich, TUM
(IN BRIEF) RWE and Equinor have entered into a new supply contract for 10 to 15 terawatt hours (TWh) of natural gas annually, spanning until 2028. This collaboration strengthens their longstanding partnership and aims to enhance security of supply and … Read the full press release
(IN BRIEF) Fortum, a leading energy company, has signed an agreement with Finland’s National Emergency Supply Agency (NESA) to reserve the Meri-Pori coal condensing power plant for emergencies, ensuring the security of the country’s electricity supply. The agreement is in … Read the full press release
Posted in Energy, Gas & Oil, Finland, Government, Industrial, Infrastructure & Utilities
Tagged clean energy, coal condensing power plant, coal-based power generation, coal-fired condensing plant, electricity generation, Finland, Fortum, Huoltovarmuuskeskus, Janne Känkänen, Meri-Pori, National Emergency Supply Agency, NESA, Pori, power generation, Riku Huttunen, Simon-Erik Ollus, Tahkoluoto
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 20-year credit facility with Lithuania to co-finance the energy efficiency program for public buildings from 2023 to 2026. This financing will be used to renovate 25 public buildings, leading to … Read the full press release
(IN BRIEF) The RE-Source 2023 event in Amsterdam has marked a record year for corporate power purchase agreements (PPAs) in the EU, with 7.8 GW of renewable capacity secured year to date. Companies in the ICT, heavy industry, and telecom … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Government, Industrial, Management, Media, Netherlands, News
Tagged Annie Scanlan, EU, partnership, Renewable PPAs, sustainability, WindEurope
(IN BRIEF) thyssenkrupp Uhde has secured a contract from ENOWA to provide engineering services and equipment for a CO2-to-methanol and methanol-to-gasoline demonstration plant in Saudi Arabia. The plant, a joint project by ENOWA and Aramco, will use the uhde® green … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Dr. Cord Landsmann, Dr. Guido Daniel, ENOWA, Gasoline Plant, green methanol, methanol, NEOM’s energy, partnership, Roland Kaeppner, Saudi Arabia, sustainability, Sustainable Fuel Production, ThyssenKrupp Uhde, Uhde
(IN BRIEF) Eni, a global energy company, has signed a significant LNG sales agreement with Merakes LNG Sellers for 0.8 billion cubic meters (bcm) annually, starting from January 2024 for three years. This complements their existing 1.4 bcm per year … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged Eni, Jangkrik LNG Sellers, LNG, Marine XII JV, Merakes LNG Sellers, QatarEnergy LNG NFE
(IN BRIEF) TotalEnergies has officially commissioned the Cape Ann, a Floating Storage and Regasification Unit (FSRU) for liquefied natural gas (LNG) in Le Havre’s port. This FSRU has begun injecting natural gas into the grid, using LNG sourced from Norway. … Read the full press release
(IN BRIEF) Siemens Energy, a global energy technology leader, has initiated the implementation of SAP Digital Manufacturing at five of its lighthouse plants across Germany, the United Kingdom, and Mexico. This milestone, carried out in partnership with Syntax Systems GmbH … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged digital manufacturing, digital transformation, Germany, Kian Mossanen, Mexico, partnership, SAP, Siemens Energy, sustainability, Sven Mulder, Syntax Systems GmbH & Co. KG, United Kingdom
(IN BRIEF) TotalEnergies has signed agreements to acquire Quadra Energy, a major player in the German renewable energy sector. Quadra Energy, with its 9 GW “virtual power plant,” is one of the top aggregators of renewable electricity in Germany. In … Read the full press release
(IN BRIEF) TotalEnergies and its partners, Corio Generation and Rise Light & Power, have been awarded a 25-year contract to supply 1.4 GW of renewable electricity in New York State. Their Attentive Energy One project, a joint venture between TotalEnergies … Read the full press release
(IN BRIEF) Enel and its subsidiary, Enel Chile, have successfully completed the sale of their equity interests in Arcadia Generación Solar to renewable energy producer Sonnedix. This transaction, valued at 556 million US dollars, includes four operational PV plants in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Italy
Tagged Antofagasta, Arcadia Generación Solar S.A., Atacama, Carrera Pinto, Chile, Diego de Almagro, Domeyko, Enel Chile S.A., Enel S.p.A., Pampa Solar Norte, PV plants, renewable energy, solar energy, Solar PV, Sonnedix
(IN BRIEF) Airbus is set to renew its fleet of chartered vessels that transport aircraft subassemblies between Europe and the United States. They will be replaced with three modern, low-emission roll-on/roll-off vessels that utilize wind-assisted propulsion. Airbus has partnered with … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, France, Industrial, Technology, Transportation & Logistics
Tagged Airbus, aircraft subassemblies, chartered vessels, CO2 emissions, Louis Dreyfus Armateurs, low-emission roll-on/roll-off vessels, Nicolas Chrétien, wind-assisted propulsion
(IN BRIEF) Yara Growth Ventures and Navigator Holdings have invested 5.4 million EUR in Azane Fuel Solutions, a Norwegian ammonia bunkering startup. Azane aims to construct the world’s first ammonia bunkering network, starting with its first bunkering unit in Norway, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Norway, Technology, Transportation & Logistics
Tagged ammonia bunkering, ammonia fuel handling, Amon Maritime AS, André Risholm, Azane, Azane Fuel Solutions AS, ECONNECT Energy AS, green fuels, Mads Peter Zacho, Navigator Holdings Ltd., shipping, Stian Nygaard, Yara Clean Ammonia, Yara Growth Ventures, Yara International ASA
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