(IN BRIEF) Repsol has begun power production at Antofagasta Phase 1, its largest wind farm and one of Chile’s most significant renewable energy projects. Located in Taltal, the 364 MW facility required nearly €400 million in investment and will soon … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged 000 MW portfolio, 60, 750 GWh, Antofagasta Phase 1, Antofagasta region, Atacama Desert, Atacama wind farm, Cabo Leones III, Chile, clean energy, energy transition, Global Energy Projects, Ibereólica Renovables, Latin America, partnership, Phase 2, renewable energy, Renewable Infrastructure, Repsol, Repsol Ibereólica Renovables Chile, sustainability, Taltal, wind farm, €400 million
(IN BRIEF) The EBRD has extended a portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to unlock €100 million in investments supporting Ukraine’s energy security. As the fourth Ukrainian bank to join the EBRD’s Energy Security Support Facility, RBU will issue loans … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged Crisis Response Special Fund, decentralised energy, EBRD, energy efficiency, energy security, Energy Security Support Facility, ESG, ESSF, EU Ukraine Investment Framework, EU4Business, European Union, France, grant support, green transition, institutional investor, MSMEs, Oleksandr Pysaruk, partnership, portfolio guarantee, Raiffeisen Bank, Raiffeisen Bank Ukraine, risk-sharing, Ruslan Spivak, sustainability, UKRAINE, Ukrainian economy, war recovery, €100 million
(IN BRIEF) Eni and KKR have completed the agreed transaction, with KKR purchasing additional Enilive shares from Eni for about 601 million euros to acquire a further 5% stake, bringing its total shareholding in Enilive to 30%. The deal sets … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged 3.6 billion euros, 30% stake, 5% stake, 500 million euros, capital increase, competent authorities, Eni, Enilive, growth plan, investment agreement, KKR, partnership, post-money valuation, sustainability, transaction, €11.75 billion, €601 million
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved new financing initiatives aimed at bolstering clean transport, energy, and innovation projects, as well as enhancing water and sanitation infrastructure in Africa with a total … Read the full press release
Posted in Automotive, Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Africa, Automotive Sector, clean transport, Critical Infrastructure, Cybersecurity, deep tech, EIB, EIF, energy infrastructure, EU4Business Guarantee Facility, European Investment Bank, European Investment Fund, global partnerships, INNOVATION, Manufacturing, Nadia Calviño, partnership, strategic autonomy, sustainability, sustainable development, UKRAINE, venture capital, war-affected enterprises, water and sanitation, €11.5 billion, €3.6 billion
(IN BRIEF) At Heidelberg University, an interdisciplinary research project titled “Quantum Chemistry without Orbitals” is underway, funded by over 745,000 euros from the Carl-Zeiss-Stiftung over a two-year period. The project aims to predict the kinetic energy of electrons in molecules … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged AI Research, Carl Zeiss AG, Carl-Zeiss-Stiftung, chemistry, CZS Wildcard, electron density, Ernst Abbe, Heidelberg University, interdisciplinary research, kinetic energy, leadership, physics, Prof. Dr Andreas Dreuw, Prof. Dr Fred Hamprecht, Prof. Dr Maurits W. Haverkort, Quantum Chemistry without Orbitals, SCHOTT AG, STEM, wave function
(IN BRIEF) RWE has initiated construction of a new photovoltaic plant near Niederzier in North Rhine-Westphalia at the Hambach opencast mine. Covering 12 hectares, the plant will feature over 22,000 solar modules and generate up to 13.9 MW peak (12 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged 13.9 MW peak, 47.2 MW, 500 households, Andreas Heller, battery storage, Dr Lars Kulik, Frank Rombey, Hambach Lake, Hambach opencast mine, Katja Wünschel, NEULAND HAMBACH, Niederzier, North Rhine-Westphalia, partnership, Photovoltaic Plant, renewable energy, Rhenish mining area, RWE, solar modules, sustainability, sustainable economy, wind farms, £4
(IN BRIEF) MAN Truck & Bus has officially launched battery production at its Nuremberg site, expanding investment from 100 million to approximately 250 million euros. This phase enhances the facility’s capabilities by producing complete battery packs as well as individual … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged 250 million euros, AGVs, Alexander Vlaskamp, automation, battery management system, battery modules, battery production, diesel engine production, digitalization, Dr Frederik Zohm, Dr. Markus Söder, eBuses, electric trucks, end of line testing, eTrucks, Hubert Aiwanger, investment, MAN Truck & Bus, Markus Wansch, Michael Kobriger, modular production, NMC cell chemistry, Nuremberg site, partnership, quality assurance, sustainability, sustainable jobs
(IN BRIEF) The press release announces that the NWO has allocated over 7.7 million euros for four projects aimed at digitizing energy renovation efforts in the built environment. A primary focus of these projects, especially the DPARt project coordinated by … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Science, Technology
Tagged agent-based simulation, AI gamification, built environment, co-funding, consortium partners, Data Governance, digital models, digitalization, DPARt, Dujuan Yang, energy consumption, energy renovations, homeowners associations, INNOVATION, leadership, living labs, NWO, NWO-KIC, partnership, Public Private Partnership, Qi Han, sustainability, sustainable renovations, TU/e, Virtual Reality, VvE
(IN BRIEF) EnBW has taken a major stride in its decarbonization journey by commissioning a new H₂-ready fuel-switch power plant at its Stuttgart-Münster site. This power plant replaces older coal-fired components with a modern, natural gas-fired gas turbine facility capable … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged carbon emissions reduction, CHP plant modernization, decarbonization, dispatchable power, district heating, Dr. Andre Baumann, Dr. Frank Nopper, Dr. Georg Stamatelopoulos, Dr.-Ing. Christian Bruch, EnBW, energy transition, fuel-switch power plant, gas turbine, Germany, grid stability, H₂-ready, infrastructure modernization, investment, low-carbon hydrogen, natural gas, power plant modernization, regulatory incentives, renewable energy, Siemens Energy, structural upgrades, Stuttgart-Münster
(IN BRIEF) Schneider Electric is once again taking the lead as the title sponsor of the Marathon de Paris, which will take place on April 13 and attract over 55,000 participants globally, including 6,000 associated with the company. The event … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, Marketing, Media, News, Non Profit, Sports, Technology
Tagged 000 participants, 2.5-mile charity run, 26.2-mile route, 55, ANAÉ association, charity race, digital energy management, EVP France Operations, Global Participation, greenhouse gas emissions, inclusivity, industrial automation, Laurent Bataille, leadership, Marathon de Paris, Paris, Paris Run for All, physical activity, Schneider Electric, sustainable event, title sponsor, waste reduction
(IN BRIEF) Solaris has announced two major contracts in Sweden for the delivery of 170 electric buses, with a total contract value exceeding €100 million. The orders include 89 units from Nobina Sverige AB, expanding services in Stockholm with the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Spain, Sweden, Technology, Transportation & Logistics
Tagged clean technology, driver assistance systems, electric buses, high-capacity batteries, Mobility Innovation, Nobina Sverige AB, partership, public transport, renewable energy, Solaris, suburban routes, sustainability, sustainable transport, Sweden, Urban Transit, Urbino 15 LE, VR Sverige AB, zero-emission mobility, €100 million
(IN BRIEF) Juwi Energie Rinnovabili S.r.l. has completed the sale of a portfolio of 8 photovoltaic projects, with an aggregate installed capacity of approximately 50.5 MW, to Kelag Italia S.r.l. These projects, located in Northern Italy, are part of JUWI’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 50.5 MW, ADVANT Nctm, Antonio Legrottaglie, Antonio Paternostro, Bianca Balestri, Elvira Foti, EPC, EUR 3.8 billion investment, Giorgio Servadio, global law firm Dentons, Ingo Preiss, Juwi Energie Rinnovabili, Juwi GmbH Group, Kelag Group, Kelag Italia, L&B Partners, M&A advisory, Mileto Mario Giuliani, Northern Italy, O&M services, partership, photovoltaic projects, Piero Viganò, regulatory compliance, renewable energy, renewable power portfolio, Stefano Galbusera, sustainability
(IN BRIEF) Scania has completed its acquisition of the Industrial Division of Northvolt Systems, which enhances its electrification solutions for off‑road applications. The deal, involving the takeover of production assets, an R&D center, and around 260 employees in Gdańsk, Poland, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, battery systems, construction equipment, electrification, Elin Åkerström, Gdansk, heavy industry, Jonas Hernlund, material handling, mining, modular solutions, new business, Northvolt Systems Industrial Division, off‑road applications, partership, power solutions, production facility, R&D center, Sara Hermansson, Scania, Scania Ventures, Stockholm, sustainability, sustainable transport, Tomteboda, Voltpack Core
(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, United Kingdom
Tagged BP, bp p.l.c., bp RMM, Brent crude, customers & products, divestments, effective tax rate, EGYPT, financial reporting, gas & low carbon energy, Henry Hub, low carbon energy, Net debt, oil production, Q1 2025 guidance, Q1 results, refining margins, trading conditions, trading statement, Trinidad, upstream production, working capital
(IN BRIEF) The Nordex Group reported a 5 percent year-on-year increase in order intake for Q1 2025, reaching 2,182 MW in its Projects segment (excluding the Service business), up from 2,086 MW in Q1 2024. In addition, the average sales … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 337 wind turbines, average sales price, Brazil, Finland, Germany, José Luis Blanco, Latvia, Market Growth, Nordex Group, order intake, order performance, partnership, projects segment, Q1 2025, sustainability, Türkiye, wind energy
(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Anders Opedal, appointment, artificial intelligence, competitive, data centers, electrification, energy storage, energy transition, Equinor, Executive Vice President, flexible power, gas to power, global demand, Helge Haugane, INNOVATION, leadership, low-carbon energy, Marketing Midstream and Processing, MMP, Net Zero Teesside, Offshore wind, onshore wind, Poland, Power business area, PWR, renewables, Solar, Strategic Realignment, sustainability, sustainable growth, Triton Power, UK, US, value creation
(IN BRIEF) At a recent WindEurope conference in Copenhagen, ENERCON and RWE signed a Memorandum of Understanding that sets out a long-term, multi-year collaboration to jointly develop onshore wind projects across Europe. This MoU establishes ENERCON’s role in supplying, installing, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged climate-neutral, Copenhagen, cost-effective energy solutions, Enercon, energy transition, European supply chain, installation, Katja Wünschel, long-term partnership, market-driven innovation, Memorandum of Understanding, onshore wind projects, partnership, planning certainty, renewable energy, renewable power, RWE, RWE Renewables Europe & Australia, self-performance strategy, servicing, supply, sustainability, Ulrich Schulze Südhoff, WindEurope conference
(IN BRIEF) Plenitude has signed a decade-long Power Purchase Agreement with Autostrade per l’Italia for the complete output of a 16 MW wind power plant located in Banzi, Basilicata. The plant is expected to generate approximately 390 GWh over the … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 10-year Power Purchase Agreement, 16 MW capacity, 390 GWh, Alessandro Della Zoppa, Autostrade per l'Italia, Banzi, Basilicata, corporate PPAs, decarbonization, electric vehicle charging points, energy transition, Eni, Guarantees of Origin, Head of Renewables, Italy, partnership, Plenitude, renewable capacity, sustainability, wind power plant
(IN BRIEF) Oxford PV and Trinasolar have signed an exclusive patent licensing agreement to facilitate the manufacturing and sale of perovskite-based photovoltaic products in China, accompanied by the right to sublicense. This strategic collaboration reinforces industry confidence that perovskite-silicon tandem … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged CHINA, David Ward, energy storage solutions, Gao Jifan, high-efficiency solar, industrialization, multi-junction technology, Oxford PV, partnership, patent licensing agreement, perovskite-based photovoltaic, perovskite-silicon tandem, PV technology, renewable energy, smart PV, solar industry innovation, sublicensing, sustainability, Trinasolar, US$100 billion forecast, US$50 billion market
(IN BRIEF) A research team from Oxford University Physics Department has developed an innovative solar energy technology that bypasses the need for traditional silicon panels. The new method involves coating everyday surfaces such as mobile phones, vehicles, and backpacks with … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged AIST certification, breakthrough technology, commercial solar innovation, Dr Junke Wang, Dr Shuaifeng Hu, energy efficiency over 27%, everyday objects, flexible solar coating, innovative solar technology, light-absorbing material, multi-junction approach, Oxford PV, Oxford University Physics Department, Professor Henry Snaith, renewable energy, silicon-free solar cells, solar electricity, sustainable energy, thin-film perovskite, traditional photovoltaics
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