(IN BRIEF) Vestas has appointed Jakob Wegge-Larsen as its new Chief Financial Officer (CFO), with his start date set for the second quarter of 2025. Wegge-Larsen brings significant experience from his current role as CFO at DB Schenker, as well … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News
Tagged appointment, CFO, Chief Financial Officer, DB Schenker, executive management, financial goals, Hamburg Süd, Henrik Andersen, interim CFO, Jakob Wegge-Larsen, leadership, logistics, Maersk Group, MSC Denmark, Rasmus Gram, shipping, Vestas, Vestas CEO
(IN BRIEF) Schneider Electric has earned its fourth Sustainability Lighthouse recognition, with the Wuxi factory in China joining the company’s other global locations in Hyderabad, Lexington, and Le Vaudreuil. This accolade recognizes the company’s significant efforts in reducing emissions and … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged advanced manufacturing, AI-powered eco-design, Awards, circular economy, CO2 tracking platform, collaborative design, digital technologies, Energy management, Fourth Industrial Revolution technologies, Global Lighthouse Network, Hyderabad, impact supply chain, industrial automation, Kiva Allgood, Le Vaudreuil, leadership, Lexington, Machine Learning, McKinsey & Company, Mourad Tamoud, net-zero emissions, net-zero ready, partnership, Schneider Electric, Schneider Electric’s Impact Supply Chain, Scope 1 emissions, scope 2 emissions, Scope 3 emissions, supply chain performance, sustainability, Sustainability Lighthouse, sustainable innovation, water usage reduction, World Economic Forum, Wuxi campus, Wuxi factory
(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … 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 clean energy, decarbonization, digitalization, district heating expansion, district heating network, EIB, electric vehicle chargers, electricity demand, electricity grid, energy transition, European Investment Bank, Federal Network Agency, gas and oil heating systems, Germany, grid infrastructure, grid modernization, heat pumps, Jens Balcerek, local energy generation, Nicola Beer, partnership, renewable energy, renewable energy generation, Reutlingen, solar power, Stadtwerke Reutlingen, sustainability, sustainable energy, wind power, €327.7 billion investment, €70 million loan
(IN BRIEF) Siemens’ Fürth facility in Germany has been awarded the Sustainability Lighthouse designation by the World Economic Forum for its remarkable achievements in sustainable manufacturing. The plant has reduced energy consumption by 64% per throughput while increasing production by … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Germany, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Awards, carbon footprint, Cedrik Neike, Circularity, CO₂e emissions, CO₂e emissions reduction, decarbonization, Digital Industries, digitalization, energy consumption reduction, energy savings, energy-efficient technologies, Fürth plant, industrial automation, interdepartmental sustainability team, leadership, net-zero emissions, nitrogen production, photovoltaic system, product-level emissions management, productivity increase, renewable energy, repair center, Siemens, Siemens Navigator, Siemens technologies, Siemens’ sustainability goals, Sigreen software, Simatic Energy Manager Pro, Simatic HMI panels, Sustainability Lighthouse, sustainable manufacturing, waste reduction, World Economic Forum
(IN BRIEF) VTTI has launched VIDA bioenergy, a fully owned subsidiary focused on producing renewable energy by converting biomass into biomethane, biogenic CO2, and organic fertilizer. Led by CEO Lars Boetje, VIDA bioenergy will operate independently from VTTI, enabling flexibility … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Netherlands, News, Technology
Tagged 2030 biomethane production, 2040 biomethane potential, 2050, biogenic CO2, Biomass, biomethane, climate neutrality, decarbonisation, EU Green Deal, EU Green Deal targets, EU National Energy and Climate Plans, European biogas market, heavy transport, industrial heating, job creation, Lars Boetje, organic fertilizer, renewable energy, renewable energy goals, sustainability, sustainable energy, VIDA bioenergy, VTTI, VTTI CEO Guy Moeyens
(IN BRIEF) Terna has received approval from the Italian Ministry of the Environment and Energy Security for a major project to modernize the 220 kV “Patria – Sant’Antimo” power line in Naples. The project will involve the construction of an … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 21 million euros, 220 kV, 8.5 km power line, Caserta, electrical services, electricity grid, energy security, environmental impact, Frattamaggiore, Frattaminore, Giuseppina Di Foggia, grid modernization, Grumo Nevano, Italian Ministry of the Environment and Energy Security, land development, Marano di Napoli, Melito di Napoli, Mugnano di Napoli, Naples, overhead lines, Patria - Sant’Antimo power line, pylons, Sant’Antimo, Sant’Antimo - Fratta power line, Sant’Arpino, sustainability, Terna, underground cables, urban areas, visual impact
(IN BRIEF) The EBRD has provided a €25 million loan to BNP Paribas Finansal Kiralama in Türkiye to support gender-responsive green investments. This loan, part of the Türkiye Green Economy Financing Facility II, aims to fund projects in energy efficiency, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey, United Kingdom
Tagged 2053, BNP Paribas Finansal Kiralama, BNP Paribas Leasing Solutions, climate finance, climate resilience, EBRD, EBRD .Investment, energy efficiency, equipment finance, gender component, gender-responsive, Green Economy Financing Facility II, Green Technologies, leasing companies, net-zero emissions, Oksana Yavorskaya, partnership, private sector, renewable energy, Sibel Alyar, small and medium-sized enterprises, sustainability, sustainable growth, trade finance, Türkiye, WOMEN
(IN BRIEF) The European Investment Fund (EIF) has launched a synthetic securitisation operation with a €94 million mezzanine guarantee, supported by a counter-guarantee from the European Investment Bank (EIB). This initiative, focused on green projects, is designed to help Italian … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged BNP Paribas Group, capital, ecological transition, EIB, EIB Group, EIF, energy efficiency, energy transition, energy-efficient projects, environmental sustainability, European Investment Bank, European Investment Fund, Families, financing, financing accessibility, Findomestic, Gelsomina Vigliotti, green support, Households, Italy, Marco Tarantola, Marjut Falkstedt, mezzanine guarantee, partnership, renewable energy, renewable energy innovation, retail loans, solar energy, sustainability, sustainable solutions, synthetic securitisation, €400 million, €94 million
(IN BRIEF) Neste has partnered with Italian fuel distributor Firmin to introduce Neste MY Renewable Diesel™ to Italy, starting in January 2025. This collaboration aims to reduce greenhouse gas emissions in the transport sector by offering a sustainable, renewable diesel … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged California LCFS, Commercial, construction companies, diesel engines, EMEA, Emissions Reduction, environmental impact, EU RED II, Europe, Firmin, fleet investment, Fleet operators, fossil diesel, greenhouse gas emissions, greenhouse gas emissions reduction, Italy, January 2025, lifecycle, logistics companies, lower-emission fuels, Manuel Minzocchi, Neste, Neste MY Renewable Diesel, Nicola Minzocchi, partnership, Per Emanuelson, public fleets, renewable diesel, renewable energy solutions, renewable raw materials, sustainability, sustainable, sustainable transportation, transport sector, waste oils
(IN BRIEF) EQT Transition Infrastructure has acquired Scale Microgrids, a leading energy company that designs, develops, finances, and operates microgrids and distributed energy assets in North America. This investment marks EQT’s second significant thematic acquisition in the past month. Scale, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 2.5 GW pipeline, 250 MW, acquisition, clean energy transition, commercial processes, decarbonization, distributed energy assets, distributed generation assets, energy company, energy grid, energy services, energy technologies, EQT Transition Infrastructure, GROWTH, investment, Jan Vesely, Market leader, Microgrids, North America, partnership, Power Systems, project execution, regulatory approval, renewable energy, Ryan Goodman, Scale Microgrids, sustainability, Warburg Pincus
(IN BRIEF) Empa researchers have developed a groundbreaking 3D-printed, biodegradable fungal battery, capable of powering sensors for agriculture and research in remote regions. This living battery uses two types of fungi, a yeast fungus and a white rot fungus, to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged 3D printed, 3D printing, agriculture, biodegradable, Carolina Reyes, cellulose, cellulose nutrients, electrical engineering, electricity, electrochemical techniques, Empa, fungal battery, fungi, Gebert Rüf Stiftung, Gustav Nyström, longevity, materials science, METABOLISM, microbial fuel cell, Microbials funding program, non-toxic, power, remote regions, RESEARCH, simple sugars, sustainability, sustainable power solutions, temperature sensor, white rot fungus, yeast fungus
(IN BRIEF) Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp, expanding its renewable energy portfolio in Iberia. Construction is set to begin soon, with operations expected to start in 2026. The solar farm’s strategic … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Portugal, United Kingdom
Tagged Capcora, Cascante 51MW, Cibele solar farm, construction, Cuatrecasas, energy transition, Enertis, Exus Renewables, hybrid energy, hybrid energy strategy, Iberia, Lightsource BP, Mott MacDonald, PLMJ, PORTUGAL, renewable energy goals, renewable energy portfolio, Solar Capacity, Spain, Wind and Solar Projects, wind energy
(IN BRIEF) Plenitude has significantly expanded its renewable energy capacity in Spain, surpassing 950 MW, more than double its 2023 total. Key projects include the 150 MW Caparacena project in Granada and nearly 250 MW in solar plants in Extremadura … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged 400 kV substation, Andalusia, Caparacena project, electric vehicle charging points, energy solutions, Eni, Extremadura, Global Expansion, Global Renewable Capacity, Granada, Guillena, long-term strategy, Mariangiola Mollicone, photovoltaic plants, Plenitude, renewable energy, Renopool, Spain, Western Europe Renewables
(IN BRIEF) By the end of 2025, FlevoBESS will operate the largest battery storage facility in the Netherlands, with a capacity of 31.6MW/126.4MWh. Located next to the Windplan Groen transformer station in Dronten, the battery will store surplus electricity from … Read the full press release
(IN BRIEF) The Troll field in the North Sea reached a historic production milestone in 2024, producing 42.5 billion standard cubic meters of natural gas, a nearly 10% increase from the previous record in 2022. This growth is attributed to … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Awards, energy security, Equinor, Helge Haugane, Kjetil Hove, leadership, sustainability, Troll field
(IN BRIEF) Royal Boskalis B.V. has announced the development of the ‘Windpiper,’ a groundbreaking subsea rock installation vessel with a capacity of 45,500 metric tons. The largest of its kind, the ‘Windpiper’ will double Boskalis’ current capacity and is set … Read the full press release
(IN BRIEF) BP has begun the first gas flow from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore Mauritania and Senegal. This significant step in one of Africa’s deepest and most complex gas developments marks the project’s move … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom
Tagged apprentice training program, BP, Dave Campbell, energy production, floating production storage and offloading, FPSO, gas flow, Gimi FLNG, Global Energy, Golar LNG, Gordon Birrell, Greater Tortue Ahmeyim, GTA Phase 1, Kosmos Energy, LNG, LNG export, local workforce development, Mauritania, Mauritania and Senegal economic development, natural resources, offshore gas development, PETROSEN, Senegal, SMH, social investment program
(IN BRIEF) Equinor has secured over USD 3 billion in financing for its Empire Wind 1 offshore wind project in the U.S., with financial close reached in December 2024. The project, which will power 500,000 homes in New York by … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged BP, capital investment, construction jobs, Empire Wind, Empire Wind 1, energy security, Equinor, financial close, financing, Jens Økland, Long Island, Molly Morris, New York, New York City grid, New York State Energy Research and Development Authority, offshore wind farm, PSA, renewable energy, SBMT, South Brooklyn Marine Terminal, tax credits, U.S. offshore wind, union jobs, USD 3 billion, wind energy, wind power
(IN BRIEF) The European Investment Bank (EIB) has granted €700 million in loans to EDP SA to advance renewable energy and modernize power grids in southern Europe. A €500 million loan will help EDP Renewables deploy 1,943 MW of solar … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Portugal, Spain
Tagged EDP, EIB, Expansion Projects, Italy, Nuno Ascenso Pires, partnership, PORTUGAL, power grid, renewable energy, Rui Teixeira, Spain, sustainability
(IN BRIEF) BAE Systems’ PHASA-35, a solar-powered High Altitude Pseudo Satellite (HAPS), has successfully completed a series of test flights at Spaceport America, New Mexico, reaching altitudes of over 66,000 feet and demonstrating rapid reusability by relaunching within two days. … Read the full press release
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