(IN BRIEF) TotalEnergies has extended its partnership with the Confederation of African Football (CAF) for another four years, continuing its sponsorship of major football events across the continent. The agreement includes support for high-profile tournaments such as the CAF Africa … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Financial, France, Government, Industrial, Investment, Management, Marketing, News, Sports
Tagged Africa, Africa Cup of Nations, African Schools Football Championship, CAF, CAF Awards, CAF competitions, champions league, Confederation Cup, Dr Patrice Motsepe, football development, Futsal Africa Cup of Nations, partnership, Patrick Pouyanné, renewable energy, sponsorship, Super Cup, TotalEnergies, U-17 Africa Cup of Nations, U-20 Africa Cup of Nations, U-23 Africa Cup of Nations, Women’s Africa Cup of Nations, youth football, youth programs
(IN BRIEF) STMicroelectronics has signed its first physical Power Purchase Agreement (PPA) with TotalEnergies to secure renewable energy for its operations in France. The 15-year contract will deliver 1.5 TWh of clean power from two new wind and solar farms, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 100% renewable goal, baseload power, carbon neutrality, clean energy, decarbonization, design, France, Geoff West, green electricity, Manufacturing, partnership, Power Purchase Agreement, PPA, R&D, renewable energy, semiconductor, solar farms, Sophie Chevalier, STMicroelectronics, sustainability, sustainable solutions, TotalEnergies, wind farms
(IN BRIEF) DHL Express has signed a landmark deal with Cosmo Oil Marketing Co. Ltd. to purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, set to begin in April 2025. This move will mark the first SAF-powered cargo … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged BP, Central Japan International Airport, Cosmo Energy Holdings Co., Cosmo Oil Marketing Co. Ltd., decarbonization, DHL Express, electrification of delivery vehicles, emission-reduced air freight, environmental impact, GoGreen Plus, international express industry, Japan, Koji Moriyama, Ltd., Nagoya Airport, Neste, net-zero greenhouse gas emissions, partnership, Saffaire Sky Energy LLC, Scope 3 greenhouse gas emissions, sustainability, sustainable aviation fuel (SAF), Tony Khan, World Energy
(IN BRIEF) BASF’s Performance Materials division has completed a major sustainability milestone by transitioning all its European production sites to renewable electricity, starting in 2025. This step affects the company’s manufacturing of Engineering Plastics, Polyurethanes, Thermoplastic Polyurethanes, and Specialty Polymers. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged #OurPlasticsJourney, 2030, 3B Fibreglass, alternative raw materials, BASF, BASF's climate goals, circular economy, climate-neutral, CO2 emissions, CO2 footprint, engineering plastics, green steam, greenhouse gas emissions, Ludwigshafen, Martin Jung, offshore wind farm, Performance Materials division, polyurethanes, renewable electricity, renewable energy, specialty polymers, sustainability, thermoplastic polyurethanes, Vattenfall
(IN BRIEF) Quinbrook Infrastructure Partners has secured a $722 million AUD debt financing deal for Stages 1 and 2 of its Supernode battery energy storage system (BESS) project in Queensland, Australia. Deutsche Bank played a key role in arranging the … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged $722 million AUD debt financing, Australia, Bank of America, Battery Energy Storage System, BESS, Brian Restall, clean energy infrastructure, Commonwealth Bank of Australia, Deutsche Bank, Deutsche Bank Corporate Bank, energy capacity, energy transition, financing partners, Mitsubishi UFJ Financial Group, Mizuho Bank, MUFG, National Electricity Market, Origin Energy, partnership, Project Finance, Queensland, Quinbrook, Quinbrook Infrastructure Partners, Rachel Chia, renewable energy, Stage 1, Stage 2, Stage 3, Supernode, sustainability, sustainable financing
(IN BRIEF) Moeve, in partnership with Bio-Oils Energy and supported by Alfa Laval technology, is advancing a €1.2 billion SAF production project in Spain. The new facility in Huelva, set to produce 500,000 tonnes of SAF and renewable diesel annually, … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Spain, Sweden, Technology
Tagged advanced feedstocks, Alfa Laval, Apical Group, Aviation Decarbonization, aviation fuel, Bio-Oils Energy, biofuel production, Biofuels Plant, CEPSA, CO2 reduction, fats and oils waste, feedstock flexibility, Green Energy, Huelva, IEA, Moeve, net-zero emissions, Palos de la Frontera, partnership, Positive Motion strategy, Pre-treatment equipment, renewable diesel, renewable electricity, renewable fuels, SAF, second-generation biofuels, sustainability, sustainable aviation fuel, sustainable production, sustainable transport, waste oils, water reclamation
(IN BRIEF) Samotics, a leading Dutch company in electrical data analytics, has secured €20 million in financing from the European Investment Bank (EIB) to accelerate its research and development on AI-driven technology designed to enhance the reliability and energy efficiency … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged AI, AI-powered technology, condition monitoring, decarbonization, EIB, electric motors, electrical data analytics, electrical signature analysis, energy consumption, energy efficiency, energy inefficiencies, ESA, European Commission, European Investment Bank, green transition, industrial reliability, Industry 4.0, InvestEU initiative, Jasper Hoogeweegen, malfunction detection, microchips, operating costs, partnership, predictive analytics, Robert de Groot, Samotics, sustainability, €20 million financing
(IN BRIEF) The European Investment Bank (EIB) will provide advisory support to five Greek regions to facilitate their transition from lignite-based energy production to sustainable, renewable energy sources. Through a €2.75 million technical assistance fund, the EIB aims to promote … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Aegean Islands, bioeconomy, blue economy, Crete, EIB, energy transition, EU, EU climate goals, European Green Deal, European Investment Bank, Greece, green transition, InvestEU, Just Transition Mechanism, lignite phase-out, Megalopolis, partnership, renewable energy, reskilling, SEIP, sustainability, sustainable development, Western Macedonia, Yannis Tsakiris
(IN BRIEF) Orkla has entered into agreements to sell its entire hydropower portfolio in two separate deals valued at NOK 6.1 billion. The assets include hydropower production at Sarpefossen, Mossefossen, and the Saudefaldene and Trælandsfos sites. The sales align with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Å Energi, accounting gain, Capital Markets Day, DNB Markets, energy assets, financial adviser, Hafslund AS, hydropower portfolio, Nils K. Selte, NOK 6.1 billion, Norwegian Ministry of Energy, Orkla, partnership, sale, Sarpsfoss Limited, Saudefaldene, Statkraft, sustainability, Svartisen Holding AS, transaction approval, Trælandsfos Holding AS, Wiersholm law firm
(IN BRIEF) Poland is advancing its offshore wind energy ambitions with the completion of two key substations for the Baltic Power wind farm, marking the start of commercial-scale offshore wind development in the country. The project is part of a … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology
Tagged Baltic Power, Baltic Sea, clean energy, decarbonization, electric vehicles, Energy Independence, energy security, EU climate goals, EU Presidency, GPB, Grupa Przemysłowa Baltic, industrial competitiveness, Malgosia Bartosik, offshore substations, Offshore wind, offshore wind farm, partnership, Poland, Pomerania, renewable energy, sustainability, WindEurope
(IN BRIEF) thyssenkrupp Steel has completed a key investment in its Bochum facility with the opening of a new annealing and isolating line, marking a major step in its strategy to produce high-tech electrical steel for electric vehicles and energy-efficient … 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 annealing and isolating line, Bochum, competitive edge., Dennis Grimm, electric generators, electric mobility, electric motors, electric vehicles, electrical steel, energy efficiency, high-strength multiphase steels, high-tech steel, investment, Manufacturing, modernization, SMS group, steel grades, Strategy 20-30, sustainable production, thyssenkrupp Steel
(IN BRIEF) Huibert Vigeveno, a long-serving Shell executive, will step down from his role as Director of Downstream, Renewables, and Energy Solutions, effective 31 March 2025, after a remarkable 30-year career. CEO Wael Sawan thanked Huibert for his contributions, highlighting … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Andrew Smith, appointment, Australian citizen, BG integration, Chemicals and Products, corporate, DOWNSTREAM, Dutch citizen, energy solutions, Erasmus University, Executive Committee, financial reporting segments, Huibert Vigeveno, Integrated Gas, leadership, LNG, Machteld de Haan, marketing, Onshore Gas, renewables, Shell, Trading and Supply, transformation, University of Melbourne, upstream, Wael Sawan
(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged AIIF4 Climate Investment Fund, Allianz Global Investors, Ambroise Fayolle, blended finance, Climate Action, climate change, climate resilience, developing countries, EIB Global, EMCAF, energy efficiency, European Investment Bank, Exagon Latin America Fund I, Federal Foreign Office, forestry, G7, Germany, Green Infrastructure, greenhouse gas emissions, Helios CLEAR Fund, impact report, KfW, Kreditanstalt für Wiederaufbau, Nordic Development Fund, partnership, private investments, Public-Private Partnerships, renewable energy, Satu Santala, Southeast Asia Clean Energy Fund II, sustainability, sustainable transport, Tobias Pross, wastewater, water supply, €450 million
(IN BRIEF) SFE has awarded ANDRITZ a contract to supply advanced electromechanical equipment for the new Øksenelvane hydropower plant, which will significantly increase clean energy production in Norway. The project is set to play a key role in supporting Norway’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Andritz, clean energy, Firdakraft AS, grid stability, hydropower contract, hydropower solutions, Norway, partnership, Pelton turbines, renewable electricity, renewable energy, SFE, Sogn og Fjordane Energi, sustainability, sustainable energy future, Øksenelvane hydropower plant
(IN BRIEF) A new report highlights the need for better sediment management in Scotland’s hydropower systems to ensure both efficient energy production and environmental protection. Commissioned by CREW and developed by the University of Glasgow and cbec eco-engineering, the study … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology, United Kingdom
Tagged biodiversity, Carbon Sequestration, climate change, CREW, energy efficiency, hydropower, hydropower projects, NatureScot, partnership, peatland restoration, renewable energy, river ecosystems, Scotland, Scottish Canals, sediment management, SEPA, sustainability, University of Glasgow
(IN BRIEF) ABB has acquired Sensorfact BV, a leader in energy management solutions, to enhance its digital energy offerings for industrial clients. Sensorfact’s AI-powered SaaS platform helps small and medium-sized enterprises optimize energy consumption and reduce operational costs. This acquisition … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Small Business, Switzerland, Technology
Tagged ABB, acquisition, artificial intelligence, automation, carbon emissions, digital energy solutions, energy efficiency, Energy management, energy optimization, industrial waste, International Energy Agency, partnership, renewable energy, SaaS, Sensorfact, smart factory platform, sustainability
(IN BRIEF) Iceland’s state-owned energy company, Landsvirkjun, has partnered with AFRY to develop the country’s first utility-scale wind farm at Búrfell. With a capacity of 120 MW from 28 turbines, the project will utilize the existing hydropower infrastructure to minimize … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Iceland, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Balance of Plant, Búrfell wind farm, construction, Enercon, energy capacity, energy system, energy transition, geothermal energy, hydropower, Iceland, Landsvirkjun, Nordic Region, partnership, renewable energy, sustainability, technical advisory services., turbine supplier, utility-scale wind power, wind energy
(IN BRIEF) AFRY has been awarded a significant design contract by MVM NUKA for the reconstruction of control circuits at Hungary’s MVM Paks Nuclear Power Plant as part of its lifetime extension programme. The project involves the design of nearly … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, asset lifetime extension, carbon emissions, clean energy, control circuits, electrical systems, energy infrastructure, Energy Reliability, energy transition, Hungarian Atomic Energy Authority, Hungary, instrumentation and control, International Atomic Energy Agency, lifetime extension, modernization, MVM NUKA, MVM Paks Nuclear Power Plant, nuclear energy, Paks NPP, partnership, power plant design, reactor, sustainability, turbine islands
(IN BRIEF) Borealis has signed a long-term power purchase agreement with Aspiravi to secure 120 GWh of renewable energy annually from Belgian wind farms. This partnership will significantly reduce Borealis’ Scope 2 emissions and supports the company’s goal of sourcing … Read the full press release
Posted in Austria, Belgium, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Aspiravi, Belgium, Bernard Steverlynck, Borealis, decarbonization, economic growth, onshore wind turbines, partnership, Power Purchase Agreement, PPA, renewable energy, renewable energy sourcing, scope 2 emissions, sustainability, sustainable development, sustainable energy, Wolfram Krenn
(IN BRIEF) Engepack, Brazil’s leading PET packaging manufacturer, has partnered with ABL to conduct an operational excellence audit at its Simões Filho plant. The audit will evaluate asset management systems to enhance efficiency, reduce risks, and ensure the plant operates … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABL, Asset Integrity Management, Brazil, business performance improvement, Engepack, engineering analysis, Manufacturing, Operational Efficiency, operational excellence audit, partnership, PET packaging, Peter Adam, return on investment, Rio de Janeiro, risk mitigation, sustainability
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