(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
(IN BRIEF) DNV has launched the Ground Investigation for Floating Wind (GIFT) joint industry project (JIP) to establish clear guidelines for ground characterization in offshore wind projects. This collaboration, involving over 15 industry partners and academic institutions, aims to improve … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Alejandro Borobia, Amy Beeston, anchor design, BOEM, DNV, environmental classes, fixed-bottom foundations, floating wind farms, floating wind turbines, geophysical, geotechnical, geotechnical engineers, gift, ground characterization, Ground Investigation for Floating Wind, ground investigations, ground modeling, HEREMA, installation, JIP, Joint Industry Project, offshore wind development, partnership, project timelines, recommended practice, soil profiles, subsea cables, sustainability, Texas A&M, The Crown Estate, University of Massachusetts Amherst, University of Southampton, Yiorgos Perikleous
(IN BRIEF) Ørsted has officially launched offshore construction for the Greater Changhua 2b and 4 offshore wind farms, marking a major step forward in Taiwan’s clean energy transition. With an output of 920 MW, these wind farms will play a … Read the full press release
Posted in Business, Commodities, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged clean energy transition, CPPA, Energy Innovation, Greater Changhua, Green Energy, offshore construction, Offshore wind, partnership, renewable energy, sustainability, sustainable energy, Taiwan, wind farms, Ørsted
(IN BRIEF) The Sines LNG terminal, operated by REN, played a pivotal role in Portugal’s natural gas supply in 2024, delivering 98% of the National Gas System’s requirements. The terminal’s strategic importance continues to grow, with shipments primarily from Nigeria … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Technology
Tagged energy supply, energy transition, gas infrastructure, LNG shipments, National Gas System, natural gas, natural gas consumption, Nigeria, partnership, PORTUGAL, regasification, REN, REN Atlântico, Sines LNG Terminal, sustainability, United States
(IN BRIEF) Lion Storage, a Dutch energy storage developer, has reached financial close on the Mufasa project, set to become one of Europe’s largest battery energy storage systems (BESS). With a storage capacity of 1,400MWh and a power capacity of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Battery Energy Storage System, BESS, Eneco, energy storage, energy transition, Lion Storage, Macquarie Capital, Mufasa, Netherlands, power grid stabilization, project financing, renewable energy, Renewable Infrastructure, Return, sustainability, sustainable energy, Tesla, TINC
(IN BRIEF) KKR has increased its stake in Enilive by purchasing an additional 5% of the company’s share capital, with a €587.5 million investment. This move aligns with KKR’s previously announced commitment and underscores the market’s confidence in Enilive’s business … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged capital markets, decarbonization, energy transition, Eni, Enilive, equity investment, Francesco Gattei, investment, KKR, KKR investment, net zero, partnership, pension funds, regulatory approval, sustainability, sustainable business, sustainable mobility
(IN BRIEF) At the third meeting of the UAE-France High-Level Business Council in Paris, strategic partnerships were formed to enhance collaboration in energy, renewable energy, infrastructure, and artificial intelligence. The event, co-chaired by H.E. Dr. Sultan Al Jaber and Patrick … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Abu Dhabi Ports, AI, AI campus, artificial intelligence, bilateral trade, clean energy, CMA CGM, economic growth, ENERGY, France, H.E. Dr. Sultan Al Jaber, H.E. Eric Lombard, H.E. Laurent Saint-Martin, investment, Masdar, MGX, partnership, Pascal, Patrick Pouyanné, renewable energy, sustainability, sustainable development, TotalEnergies, UAE, UAE trade, UAE-France High-Level Business Council, UAE-France partnership, Veolia, XRG
(IN BRIEF) In a major move for energy cooperation, TotalEnergies and ENI have signed a Host Government Agreement (HGA) with Egypt and Cyprus, paving the way for the development of the Cronos gas field in Cyprus offshore Block 6. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Abdel Fattah El-Sisi, Cronos Development and Production Plan, Cronos gas field, Cyprus, Cyprus offshore Block 6, Damietta LNG plant, EGYPT, Egypt Energy Show, energy cooperation, energy security, Eni, Europe, exploration and production, gas processing, George Papanastasiou, Host Government Agreement, Julien Pouget, Karim Badawi, LNG capacity, LNG exports, Níkos Christodoulídis, partnership, sustainability, TotalEnergies, Zohr facilities
(IN BRIEF) A new partnership, strengthened by the UAE-France High-Level Business Council and the UAE-France Framework for Cooperation in Artificial Intelligence, is set to bolster clean energy access in emerging markets. Masdar, TotalEnergies, and EPointZero have formalized a collaboration to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Africa, clean energy, decarbonization, EPointZero, France, H.E. Dr. Sultan Al Jaber, H.E. Mariam Almheiri, INDIA, Masdar, Mohamed Jameel Al Ramahi, partnership, Patrick Pouyanné, Peter Abraam, renewable energy, Southeast Asia, Stéphane Michel, sustainability, TotalEnergies, UAE, UAE-France High-Level Business Council
(IN BRIEF) Ilsenburger Grobblech GmbH, in partnership with Siemens Gamesa, is supplying sustainable, low-emission steel plates for the Thor offshore wind farm. The GreenerTowers, with their reduced carbon footprint, represent a significant step in achieving sustainable wind energy solutions. The … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged CO2 emissions, Green Energy, GreenerTowers, Ilsenburger Grobblech, Offshore wind, partnership, renewable energy, Siemens Gamesa, steel production, sustainability, Thor wind farm, wind power
(IN BRIEF) TÜV Rheinland’s Solar Energy Conference in Cologne addressed key developments in photovoltaic technology, regulation, and testing. The event focused on the evolving standards for PV modules, the introduction of new technologies like perovskite cells, and the increasing number … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Perovskite Cells, Photovoltaic, quality control, renewable energy, Solar Conference, solar energy, solar modules, standards, testing, TÜV Rheinland
(IN BRIEF) CTP, Europe’s largest listed developer of industrial properties, has launched a €57 million project for Hitachi Energy at CTPark Brno, Czech Republic. The first phase involves building a state-of-the-art high-voltage products factory, with a focus on sustainable production … Read the full press release
Posted in Business, Construction, Czech Republic, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged clean energy, CTP, CTPark Brno, Czech Republic, Factory Development, Green technology, Hitachi Energy, INNOVATION, partnership, renewable energy, sustainability
(IN BRIEF) RWE has become the first company to deploy reused monopile foundation covers at its Thor offshore wind farm, demonstrating its commitment to sustainability and the circular economy. The wind farm, located off the Danish coast, will use innovative … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Circular Covers B.V., circular economy, CO2-reduced steel, Denmark, Green Energy, INNOVATION, Offshore wind, offshore wind farms, recyclable rotor blades, renewable energy, reused covers, RWE, sustainability, Thor offshore wind farm
(IN BRIEF) RWE has launched one of Germany’s largest battery storage systems at its Hamm and Neurath sites, providing 220 MW of capacity to help stabilise the electricity grid. The system contributes to energy market balancing and is integrated into … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged balancing energy markets, battery storage, electricity grid, energy infrastructure, energy storage, energy transition, grid stability, Growing Green strategy, Hamm, Neurath, partnership, renewable energy, RWE, storage capacity, sustainability, sustainable energy
(IN BRIEF) PNE AG has seen significant growth in its consulting division, supporting 137 renewable energy projects, including 45 wind and photovoltaic initiatives totaling 600 MW in 2024. The company’s success highlights the rising demand for customized marketing strategies in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged clean electricity, consulting business, customized consulting, EEG subsidy, energy operators, Green Energy, Heiko Wuttke, hybrid marketing models, Nils Kompe, Photovoltaic, PNE AG, Power Origination & Green Markets, renewable energy, sustainability, wind energy
(IN BRIEF) Snam has launched the fourth edition of its HyAccelerator program, focused on clean-tech innovation in the energy sector. The new “Net Zero Revolution” initiative aims to help startups and SMEs with technologies aligned with Snam’s strategic goals for … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Carbon Capture Utilization & Storage, clean tech, energy sector, European Union, H2SHIFT, HyAccelerator, hydrogen, industrial environment, INNOVATION, Long Duration Energy Storage, mentorship, Net zero emissions, Net Zero Revolution, SMEs, Snam, Startups, sustainability, technical support
(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged alternating current, Carl Trowell, clean energy, climate goals, direct current, Eastern Green Link 1, economic development, electricity cable, Energy Innovation, energy security, energy transition, environmental impact, GE Vernova, green electricity, Hawthorn Pit, local community benefits, METLEN Energy & Metals, Michael Shanks, National Grid Electricity Transmission, Nicola Connelly, Ofgem, partnership, Paul McLennan, Prysmian, renewable energy, Social Value, SP Energy Networks, subsea electricity superhighway, sustainability, Torness, UK energy grid, UK energy infrastructure, £2.5 billion investment
(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Alain Papiasse, Ambroise Fayolle, BNP Paribas, corporate banking, EIB, Energy Independence, energy transition, EU, EU renewable energy targets, European Investment Bank, European Wind Power Package, grid interconnections, industrial competitiveness, INNOVATION, InvestEU, investments, low-carbon economic model, low-carbon energy, net-zero emissions, partnership, renewable energy, supply chain efficiency, sustainability, sustainable energy, wind energy, wind farms, Yannick Jung, €8 billion
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