(IN BRIEF) Gasum has partnered with DNV to enhance its FuelEU Maritime pooling service, aiming to ensure the accuracy and compliance of emissions data for the shipping industry. DNV will use its Emissions Connect solution to gather and verify real-time … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Management
Tagged Bio-LNG, biomethane, carbon intensity reduction, compliance as a service, DNV, e-methane, Emissions Connect, emissions data, EU Regulations, FuelEU Maritime, FuelEU Maritime regulation, Gasum, greenhouse gas emissions, Helge Hermundsgård, Jani Arala, LNG delivery management, maritime industry, over-compliance, plug-and-play device, pooling service, renewable gas, shipowners, shipping compliance, sustainability
(IN BRIEF) Ørsted has made a significant step towards the realization of Denmark’s first full-scale carbon capture and storage project, the Ørsted Kalundborg CO2 Hub, with the successful installation of key components at Avedøre and Asnæs Power Stations. This milestone … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, Industrial, Technology
Tagged absorber, Asnæs Power Station, Avedøre Power Station, bioenergy, biogenic carbon, biogenic CO2, carbon capture and storage, carbon capture facility, carbon dioxide, carbon storage, CCS, climate change, CO2 emissions, CO2 tanks, Denmark, desorber, direct contact cooler, energy industry, energy transition, Esben Hjort, Kalundborg CO2 Hub, northern lights, Ole Thomsen, sustainability, Ørsted
(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release
Posted in Banks, Business, Education, Energy, Gas & Oil, Environment, Financial, Finland, Society
Tagged Beyond the Grid Fund for Africa, BGFA, BrightLife Uganda, business skills, capacity building, customer engagement, decentralised solar solutions, Denmark, Energy Access, energy service providers, Eric Adweko, Financial Planning, gender inclusion, green transition, Inensus, job creation, job opportunities, mini-grids, NEFCO, Norway, off-grid electrification, off-grid energy, project management, RENAC, renewable energy, Renewables Academy, Sendea UG, skills development, solar home systems, solar market, Sweden, technical training, Tina Möller, Uganda, USEA, women in leadership
(IN BRIEF) Borealis has earned the prestigious EcoVadis Gold rating for 2024, improving its score from 73 to 81 and placing the company among the top 5% in terms of sustainability. This recognition reflects Borealis’ commitment to enhancing recyclability and … Read the full press release
Posted in Austria, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management
Tagged Borealis, carbon footprint, CSR, EcoVadis, environmental performance, ethics, Global Reporting Initiative, Gold Rating, ISO 26000, labor and human rights, polymer industry, recyclability, Stefan Doboczky, supply chain, sustainability, Sustainability Assessment, sustainable sourcing, sustainable sourcing practices, TfS, Together for Sustainability, United Nations Global Compact
(IN BRIEF) Infineon Technologies has expanded its collaboration with Eatron to offer a comprehensive battery management solution (BMS) for automotive, industrial, and consumer applications. By combining Infineon’s PSOC microcontrollers with Eatron’s AI-powered battery optimization software, the partnership aims to enhance … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Germany, Industrial, Technology
Tagged AI-driven software, AI-powered battery optimization, automotive, battery degradation, battery management market, battery management solutions, consumer markets, Cuauhtemoc Medina, Dr. Umut Genc, Eatron, energy storage solutions, energy storage systems, gallium nitride, industrial applications, Infineon Technologies, IoT, light electric vehicles, Machine Learning, MOSFETs, performance, portable electronics, portable medical devices, Power Tools, predictive maintenance, PSOC, PSoC 6, reliability, Remaining Useful Life, robotics, RUL, Safety Diagnostics, silicon, silicon carbide, smart home appliances, State of Charge, wearables
(IN BRIEF) RWE has inaugurated its first solar plant in Italy, the 8.3 MWac Bosco facility, which will provide green electricity to 7,000 households. The project features a wildlife-friendly fence and is integrated with RWE’s local wind farms to optimize … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Italy
Tagged Agri-PV, biodiversity, Bosco solar plant, green electricity, Italy, Katja Wünschel, Mondonuovo, renewable energy, RWE, Sicily, solar energy, wind energy
(IN BRIEF) BevZero, a global leader in beverage services and equipment, has announced the delivery of a ClearAlc Dealcoholization demonstration unit to its Spain facility. Manufactured by Tomsa Destil, the 300-liter-per-hour unit is designed to showcase the capabilities of larger … Read the full press release
Posted in Energy, Gas & Oil, Environment, Food & Beverage, Industrial, Spain, Technology
Tagged alcohol technology, alcohol-free beverages, Beverage, Beverage Equipment, beverage innovation, Beverage Production, beverage services, Beverage Solutions, Beverage Technology, BevZero, BevZero Equipment, carbon emissions, cider, clean energy, ClearAlc, ClearAlc Dealcoholization demonstration unit, dealcoholization, Dealcoholization Equipment, dealcoholization technology, Dealcoholize, dealcoholizing beverages, eco-friendly solutions, energy efficiency, materials efficiency, non-alcoholic beverage, non-alcoholic beverages, Non-Alcoholic Options, removes alcohol from beverages, renewable energy, Spain, Spain facility, spirits, sustainability initiative, Tomsa Destil, Vacuum Distillation, waste reduction, wine, wine producers
(IN BRIEF) A new podcast from the University of Glasgow questions why Scotland’s rich energy resources haven’t translated into greater prosperity or fairness for its people. Hosted by energy historian Ewan Gibbs and sociology lecturer Dominic Hinde, “The Energy That … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Science, Society, Technology, United Kingdom
Tagged climate journalism, Community Impact, Dominic Hinde, ENERGY, Ewan Gibbs, gas, Green Energy, Northern Scotland, oil, podcast, prosperity, renewable energy, Scotland, social change, University of Glasgow
(IN BRIEF) Shell Offshore Inc. and Shell Pipeline Company (SPLC) have entered into an agreement to increase their stake in the Ursa platform and its associated fields in the Gulf of America. This move will raise Shell’s working interest from … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged ConocoPhillips, energy production, Greenhouse Gas Intensity, Gulf of America, oil and gas, partnership, Shell, Strategic Acquisition, sustainability, Upstream Investment, Ursa Platform, Working Interest
(IN BRIEF) Rolls-Royce has signed a long-term Power Purchase Agreement (PPA) with Stadtwerke Ulm/Neu-Ulm (SWU) to purchase 20,000 MWh of CO2-free hydropower annually. This agreement will help Rolls-Royce reduce its carbon emissions by approximately 7,000 tons each year, marking a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged climate neutral, CO2-free energy, greenhouse gas emissions, hydropower, Microgrids, partnership, Power Purchase Agreement, renewable energy, Rolls-Royce, Stadtwerke Ulm, sustainability
(IN BRIEF) The EU will co-finance the installation of 1,400 new charging points across Europe, with 430 dedicated to heavy-duty electric trucks, as part of the DRIVE-E Global project. This €45 million initiative, led by E.ON, aims to strengthen Europe’s … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Slovakia, Technology, Transportation & Logistics
Tagged AFIF, alternative fuels, charging infrastructure, decarbonization, DRIVE-E, E.ON, electric trucks, electric vehicles, EU, European Union, freight transport, partnership, sustainability
(IN BRIEF) AF Gruppen has been awarded a decommissioning contract by Scaldis Salvage & Marine Contractors NV for the removal of three bridge-linked platforms from the UK continental shelf. The project, valued between 100-125 MNOK, will include offshore preparation and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, United Kingdom
Tagged AF Gruppen, engineering, Lars Myhre Hjelmeset, Offshore Decommissioning, Offshore Preparation, Offshore Solutions, partnership, Reverse Installation, Scaldis Salvage & Marine Contractors, sustainability, UK Continental Shelf
(IN BRIEF) Wood Group has been awarded a $120 million contract extension by Shell UK, continuing to provide brownfield engineering, procurement, and construction services for onshore and offshore assets in the UK. The extension includes new responsibilities at the Penguins … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged brownfield services, energy supply, EPC contract, Gannet, integrity management, Ken Gilmartin, Mossmorran, Nelson, offshore assets, onshore terminals, partnership, Penguins FPSO, Shearwater, Shell UK, St Fergus, Subsea, sustainability, Wood Group
(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Sweden, Technology
Tagged 5G network, Chromafora, City of Stockholm, Climate Action, economic development, EIB Group, EIF, electromobility, energy efficient housing, energy-efficient apartments, environmental sustainability, European Investment Bank, financing, green transition, industrial electrification, InvestEU, job creation, Malmö, partnership, PFAS, renewable energy, SKF, Slussen redevelopment, sustainability, Sweden, Tele2, wind power
(IN BRIEF) Equinor ASA has declared a total dividend of USD 0.70 per share for the third quarter of 2024, consisting of an ordinary and an extraordinary cash dividend of USD 0.35 each. The corresponding NOK value is NOK 7.8274 … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, News, Norway, Technology
Tagged American Depositary Receipts, cash dividend, Continuing Obligations, dividend payment, Equinor ASA, New York Stock Exchange, NOK 7.8274, Norges Bank, Norwegian Securities Trading Act, Oslo Børs, third-quarter 2024 dividend, USD 0.70 per share, USDNOK fixing rate
(IN BRIEF) The adoption of heat pumps in Germany remains slower compared to other European countries, largely due to the significant electricity-to-gas price ratio. However, recent findings from KfW Research suggest that adjusting these prices could significantly boost the number … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged adoption rates, building construction, carbon emissions, carbon price, electricity, electricity-to-gas price ratio, energy efficiency, energy transition, Europe, France, gas, Germany, grants, heat pumps, KfW Research, low-interest loans, Norway, residential heating, Sweden, Switzerland
(IN BRIEF) On February 18, 2025, the tunnel boring machine (TBM) for VERBUND’s Kaprun 2029 project began its 5.6-kilometre journey from the Limberg valve chamber to the surge tank beneath Maiskogel, marking a key milestone in the project’s modernization efforts. … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Austria, Bernd Raderbauer, environmental impact, Glück Auf, green electricity, headrace, hydropower, hydropower management, infrastructure upgrade, Jürgen Raschendorfer, Kaprun 2029, Kaprun-Hauptstufe power plant, Kathrin Aberger-Dick, Limberg valve chamber, Maria Leo, Marti Tunnel AG, Michael Amerer, modernization, PORR AG, pressure tunnel, Saint Barbara, surge tank, sustainable energy, tunnel boring machine, tunnel boring project, tunnel construction, tunnel patron, underground work, VERBUND
(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged battery storage, Business Growth, civil protection, climate adaptation, Decarbonisation Fund, DEPA Commercial, disaster management, disaster preparedness, economic development, EIB Group, EIF, energy supply, EU, financing, firefighting aircraft, Greece, grid upgrades, HEDNO, investment multiplier, Kostis Hatzidakis, partnership, photovoltaics, PPC Renewables, renewable energy, renewable energy projects, small and medium-sized enterprises, SME Support, solar parks, strategic financing, sustainability, sustainable development, Yannis Tsakiris, €2.2 billion
(IN BRIEF) Covestro has achieved net-zero Scope 2 electricity emissions at four of its U.S. production sites through a virtual Power Purchase Agreement (vPPA) with Ørsted. This collaboration, which provides 90 MW of renewable energy capacity, allows Covestro to reduce … Read the full press release
Posted in Business, Chemicals, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 90 MW renewable energy capacity, Baytown Texas, Channelview Texas, circular economy, climate-neutral production, CO2 emissions reduction, Covestro, net-zero emissions, New Martinsville West Virginia, North American market, partnership, Pittsburgh Pennsylvania, RECs, renewable energy, Renewable Energy Certificates, Samir Hifri, scope 2 emissions, South Deerfield Massachusetts, sustainability, Thorsten Dreier, U.S. production sites, virtual power purchase agreement, VPPA, Ørsted
(IN BRIEF) In 2024, Lightsource bp secured 10 power purchase agreements (PPAs) totaling 1.3GW across Europe, the Americas, and APAC, highlighting its strong presence in the renewable energy market. The company has partnered with major global corporations like H&M Group, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged 500MW solar and storage portfolio, APAC, Australia, collective virtual PPA, corporate PPAs, CVPPA, ERCOT, Fashion Pact, global markets, Google, H&M Group, Iberia, Japan, Lightsource BP, LyondellBasell, Microsoft, MISO, multi-buyer structure, New Zealand, partnership, Power Markets team, Power Purchase Agreements, PPAs, renewable energy, renewable power procurement, solar and storage development pipeline, solar irradiation, solar portfolio, solar power, South Korea, Spain, SPP, sustainability, Taiwan, United States, utility-scale, Zosia Riesner
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