(IN BRIEF) Eurogrid GmbH, the parent company of 50Hertz, has secured a one billion euro, ten-year loan agreement with twelve banks as part of a KfW-backed green syndicated financing deal. The loan will fund two offshore grid projects, Ostwind 4 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 50Hertz Transmission GmbH, 525 kV standard, Baltic Sea, CFO, climate protection, corporate investment, direct current grid connection, Eurogrid GmbH, financing instruments, financing strategy, green loan, green syndicated financing, IKB Deutsche Industriebank, KfW, LanWin 3, Marco Nix, North Sea, offshore grid connections, Ostwind 4, partnership, renewable energy, Rügen, Schleswig-Holstein, sustainability
(IN BRIEF) Uniper SE and Kyuden International Corporation have signed a Memorandum of Understanding (MoU) to collaborate in hydrogen and ammonia trading, renewable energy, and carbon capture utilization and storage (CCUS). The partnership combines Uniper’s global portfolio of low-carbon and … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged ammonia trading, Andreas Gemballa, ASIA, business opportunities, Carbon Capture Utilization and Storage, CCUS, decarbonization, energy collaboration, Europe, European markets, flexible power generation, global partnership, global portfolio, green ammonia, hydrogen trading, Kyuden International Corporation, low-carbon ammonia, partnership, renewable energy, sustainability, sustainable solutions, Takashi Mitsuyoshi, Uniper SE
(IN BRIEF) E.ON, Coventry City Council, and Kestrix have partnered to enhance energy efficiency in the city using thermal camera drones and 3D heat loss modelling to collect data on heat losses from buildings. This collaboration aims to improve energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 3D heat loss modelling, climate goals, CO2 emissions, Coventry City Council, Coventry project, E.ON, E.ON Group Innovation, energy efficiency, energy transition, energy-saving measures, Free Electrons Open Innovation Program, heat losses, heat transition, Kestrix, Machine Learning, Mark Ritzmann, partnership, property owners, startup collaboration, sustainability, thermal camera drones, thermal imaging cameras
(IN BRIEF) TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a ten-year Sale and Purchase Agreement, under which TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG) annually starting in 2026. The LNG will primarily … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Air Quality, CNG, energy security, energy transition, gas trading, greenhouse gas emissions, Gregory Joffroy, GSPC, Gujarat, Gujarat State Petroleum Corporation Limited, INDIA, India Energy Week, industrial activities, liquefied natural gas, LNG, Milind Torawane, natural gas, New Delhi, partnership, Sale and Purchase Agreement, sustainability, TotalEnergies, transportation
(IN BRIEF) Alexion, AstraZeneca Rare Disease, has partnered with DHL Express to become the first company in Ireland to fully transition its air freight operations to 100% Sustainable Aviation Fuel (SAF). This switch will reduce greenhouse gas emissions by over … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, Transportation & Logistics, United Kingdom
Tagged 2050 net-zero goal, air freight, Alexion, AstraZeneca Rare Disease, AstraZeneca sustainability strategy, decarbonization, DHL Express, Emissions Reduction, environmental stewardship, Europe, European countries, global supply chain, GoGreen Plus service, greenhouse gas emissions, medicine transportation, net-zero emissions, partnership, SAF, Scope 3 emissions, Scope 3 GHG emissions, sustainability, sustainable aviation fuel
(IN BRIEF) Siemens has partnered with Guofu Hydrogen and RCT GH Hydrogen to advance the global hydrogen value chain, particularly in the production of electrolyzers and green hydrogen. Siemens will act as the preferred supplier and technology partner, contributing solutions … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Axel Lorenz, building technology, Cybersecurity, decarbonization, digital services, electrification, electrolyzers, global energy transition, GREEN HYDROGEN, Guofu Hydrogen, hydrogen ecosystem, hydrogen infrastructure, hydrogen production, hydrogen value chain, industrial automation, industrial communication, MoU, partnership, Pinfang Wu, Prof. Dr. Peter Fath, RCT GH Hydrogen, Siemens, Siemens Xcelerator, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Santander have signed a €500 million counter-guarantee agreement, allowing Santander to create a portfolio of guarantees worth up to €1 billion. This agreement is expected to unlock €8 billion in investments to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged bank guarantees, de-risking instruments, EIB, energy demand, energy security, energy transition, EU programme, EU renewable-energy target, Europe, European Investment Bank, financial institutions, grid interconnection, industrial competitiveness, InvestEU, partnership, renewable energy, Santander, strategic autonomy, sustainability, turbines, wind energy manufacturers, wind energy sector, wind power package, wind value chain
(IN BRIEF) Chemetall, part of BASF’s Coatings division, has transitioned its Blackman Township production facility in Michigan to 100% renewable electricity, marking a significant step in its sustainability efforts. Partnering with BASF Renewable Energy, the facility will use wind and … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged BASF, BASF Renewable Energy, Blackman Township, carbon footprint, Chemetall, circular economy, CO2 emissions reduction, CO2 reduction, Coatings division, Frank Naber, Green Energy, Jackson County, Michigan, partnership, renewable electricity, Renewable Energy Certificates, solar power, sustainability, sustainable operations, Virtual Power Purchase Agreements, vPPAs, wind power
(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Bastvålen, clean energy, decarbonization, Eggsjön, electricity demand, energy security, feasibility study, flexible energy solutions, Fortum, Höljessjön, Hydro Power Plants, Kemijoki Oy, Kymmen, Lekstjärnen, Letten, Mikael Lemström, Nordic energy system, partnership, pumped hydro storage, renewable energy, sustainability, Sweden, Trängslet, Värmland County
(IN BRIEF) RWE has launched its first solar project in Saxony, the Schönau solar farm in Wildenfels, which will generate around 21 million kilowatt-hours of renewable energy annually. The farm, spanning 20 hectares with 36,000 solar modules, will power approximately … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 000 solar modules, 21 million kilowatt-hours, 36, bifacial modules, biodiversity, community benefits, Deutsche Kreditbank AG, DKB, energy transition, Germany, Katja Wünschel, meadow pipits, partnership, Photovoltaic, renewable energy, RWE, RWE Renewables Europe & Australia, sand lizards, savings bond, Saxony, Schönau solar farm, sheep grazing, skylarks, sustainability, sustainable energy, Wildenfels, Zwickau
(IN BRIEF) Landis+Gyr Group AG has provided an update on its strategic initiatives and revised financial outlook for fiscal year 2024. The company has decided to exit the EV charging business in the EMEA region due to unfavorable market conditions, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Adjusted EBITDA, Americas, Americas business, discontinued operations, electric vehicle charging, EMEA, EMEA business, EV charging, financial guidance, financial outlook, FY 2024, FY 2024 results, goodwill impairment, impairment, inventory obsolescence, Landis+Gyr, market conditions, next-generation products, post-Covid demand, regulatory changes, restructuring charges, revenue decline, second-half growth, strategic initiatives
(IN BRIEF) STORAG ETZEL GmbH and EnBW Etzel Speicher GmbH have secured a contract for the development of new hydrogen storage caverns at the Etzel site, which will have a total capacity of over one million cubic meters. EnBW will … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged above-ground hydrogen facility, Boris Richter, cavern facility, caverns, climate-neutral Germany, EnBW Etzel Speicher GmbH, energy transition, Etzel site, H2-ready, hydrogen capacity, hydrogen energy, hydrogen market, Hydrogen Storage, investment decision, North Sea-Benelux corridor, oil and gas storage, partnership, Peter Bux, Regulatory framework, south-west Germany, STORAG ETZEL GmbH, sustainability, sustainable energy
(IN BRIEF) EIB President Nadia Calviño led a delegation on her first visit outside the EU to Ukraine, reaffirming the EU’s long-term commitment to supporting the country’s recovery. The EIB announced €420 million in funding under the EU’s €50 billion … Read the full press release
Posted in Banks, Business, Education, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine
Tagged 112 emergency call system, displaced people, EIB, energy resilience, energy security, energy supplies, EU, EU funding, EU Support, European Investment Bank, financial support, German Ministry for Economic Affairs and Climate Action, heating systems, housing code, Nadia Calviño, partnership, Public Infrastructure, Public Safety, reconstruction, renewable energy, renewable energy projects, small and medium-sized enterprises, small businesses, SMEs, social housing, sustainability, UKRAINE, Ukraine Facility, water services
(IN BRIEF) Iberdrola, through its U.S. subsidiary Avangrid, has signed a power purchase agreement (PPA) with American Municipal Power (AMP) to supply clean energy from the Blue Creek wind farm in Ohio. This partnership will support Ohio’s rural communities economically, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged 000 homes, 304 MW, 76, American Municipal Power, AMP, AVANGRID, Blue Creek, Blue Creek wind farm, clean energy, clean energy supply, construction jobs, energy supplier, Iberdrola, Illinois, JOBS, North Dakota, Ohio, partnership, Paulding counties, Pennsylvania, Powell Creek solar plant, Power Purchase Agreement, PPA, renewable energy, rural communities, solar power, sustainability, tax revenues, Texas, Van Wert, wholesale energy, wind power, Wisconsin
(IN BRIEF) Estonia, Latvia, and Lithuania have successfully synchronized their electricity grids with the European Continental European Network, marking a significant step in their energy independence from Russia and Belarus. This achievement, celebrated as “Energy Independence Day,” strengthens the region’s … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Estonia, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Lithuania, Management, News, Technology
Tagged Baltic Sea, BRELL energy system, CEF, CEN, Connecting Europe Facility, Continental European Network, electricity grids, Energy Independence Day, energy infrastructure, energy security, energy transition, Estlink, Estonia, EU, European Commission, fossil fuels, Harmony Link Interconnector, interconnectors, Latvia, Lithuania, LitPol Link, Malgosia Bartosik, NordBalt, Offshore wind, partnership, renewable energy, sustainability, Ursula von der Leyen, wind farms, wind power, WindEurope
(IN BRIEF) Terna has announced an investment of approximately €50 million to convert a portion of the “Mercallo – Cameri” power line into a 132 kV underground cable, aimed at enhancing energy transmission efficiency while minimizing environmental impact. The project … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 132 kV power line, Bellinzago Novarese, Borgo Ticino, Cameri, efficiency, electrical pylons, electricity grid, energy transmission, environmental impact, Giuseppina Di Foggia, investment, Italian electricity system, Marano Ticino, Mercallo - Cameri, Oleggio, overhead power lines, partnership, Pombia, renewable energy, sustainability, sustainable energy, Terna, Ticino Natural Park, underground cable, Varallo Pombia, €50 million
(IN BRIEF) ABL, a global energy and marine consultancy, has partnered with the Egyptian Holding Company for Airports and Air Navigation (EHCAAN) to advance carbon reduction efforts within Egypt’s aviation industry. The MoU, signed on February 3, 2025, focuses on … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABL, ABL Group, aviation sector, carbon credits, carbon reduction initiatives, COP27, decarbonization, EGPC, EGYPES 2025, EGYPT, Egyptian Holding Company for Airports and Air Navigation, EHCAAN, energy efficiency, energy transition, hydrogen, Longitude, MoU, net-zero emissions, OWC, partnership, renewable energy, Solar PV, sustainability, sustainable aviation, Tamer Gamil, technology transfer
(IN BRIEF) British Gas has announced it will offer over 400 apprenticeship roles in 2025 as part of its effort to accelerate the transition to a net zero future. The apprentices will help with energy efficiency, boiler repairs, and the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 3, 500 apprenticeships, apprenticeship roles, Apprenticeships, boilers, British Gas, British Gas Academies, carbon emissions, career advancement, career change, Centrica, Chris O’Shea, Dartford, diversity, energy efficiency, energy transition, engineering, ex-forces, former athletes, Glasgow, government, Jacqui Smith, Leicester, long-term job security, Minister for Skills, National Apprenticeship Week, net zero, Ofsted-regulated, partnership, Pathway programs, pathways program, Shaunagh Brown, skill-building, student debt, sustainability, Thatcham, underrepresented backgrounds
(IN BRIEF) Rheinmetall has secured a €26 million order for its CWA2000 high-voltage coolant pump from a well-known Asian engine manufacturer. The pumps will be used in 800V fuel cell vehicles and stationary power plants, marking a significant step in … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 800V fuel cell architecture, 800V technology, Asian engine manufacturer, automotive, collaboration, cooling water applications, copper, CWA2000, Energy Industries, fuel cell vehicles, green power generation, Hartha plant, high-voltage coolant pump, next-generation pumps, partnership, performance, Power Systems division, Rheinmetall, small vans, space-saving, stationary power plants, Trucks, wear-free, weight-saving, €26 million order
(IN BRIEF) On February 9, 2025, Estonia, Latvia, and Lithuania successfully synchronized their electricity systems with Continental Europe’s electricity grid, marking a historic achievement for the Baltic States and Europe. The synchronization improves energy security and independence for the region, … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Estonia, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Lithuania, Management, News, Technology
Tagged Amprion, Augstsprieguma tīkls, Baltic States, BELARUS, CESA, Connecting Europe Facility, Continental Europe Synchronous Area, Dan Jørgensen, electricity grids, electricity interconnections, Elering, energy cooperation, Energy Independence, energy resilience, energy security, ENTSO-E, Estonia, European Commission, European electricity transmission system operators, European Union, Latvia, Litgrid, Lithuania, partnership, PSE, RUSSIA, sustainability, synchronization, transmission system operators, Zbyněk Boldiš
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