(IN BRIEF) Gasum has announced changes to its Management Team (GMT) following the retirement of Tor Husebø, Vice President of Projects & Biogas Production, effective 1 December 2024. Tommy Mattila will assume Husebø’s role, while Ville Pesonen will take over … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Management, News
Tagged appointment, Gasum, leadership, Tommy Mattila, Tor Husebø, Ville Pesonen
(IN BRIEF) Centrica’s Rough gas storage facility in the UK has played a vital role in meeting the country’s energy needs during the November 2024 cold snap, pumping 4.35 Bcf of gas into the National Transmission System, powering up to … Read the full press release
(IN BRIEF) Nordex Group has been honored with the German Corporate Sustainability Award, recognized as one of 100 industry pioneers for its ongoing contributions to sustainable energy solutions. The award was presented at the 17th German Sustainability Day in Düsseldorf … Read the full press release
(IN BRIEF) E.ON’s latest H2-Bilanz report highlights modest progress in Germany’s hydrogen economy, driven primarily by IPCEI funding, which has increased the share of hydrogen projects under construction or with investment decisions to 9% of the 2030 target capacity. Electrolysis … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged E.ON, Gabriel Clemens, Germany, H2-Bilanz, hydrogen economy
(IN BRIEF) The European Investment Bank (EIB) and Naturgy have signed the first €400 million tranche of a €1 billion loan to expand renewable energy capacity in Spain. The funding will support the creation of new solar and onshore wind … 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 EIB, Francisco Reynés, Jean-Christophe Laloux, Naturgy, partnership, renewable energy, Spain, sustainability
(IN BRIEF) Vestas has secured a firm order to supply 60 V236-15.0 MW wind turbines for RWE’s Nordseecluster B offshore wind project in the German North Sea. This 900 MW project forms the second phase of the 1.56 GW Nordseecluster, … Read the full press release
(IN BRIEF) Wienerberger has opened a modernized brick plant in Uttendorf, Austria, featuring the world’s largest industrial electric kiln, powered by green energy sources like its photovoltaic system. The facility reduces production emissions by 90% and energy consumption by one-third. … Read the full press release
(IN BRIEF) RWE’s Sofia Offshore Wind Farm, located on Dogger Bank off England’s northeast coast, is set to deliver £760 million in economic value during its development and construction phases, including significant contributions to Yorkshire, Humber, and the North East. … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged offshore wind farm, RWE, Sofia, Tom Glover, UK
(IN BRIEF) Landsvirkjun, Iceland’s state-owned energy provider, has partnered with ENERCON to construct the country’s first large-scale wind farm. The project will feature 28 E-138 EP3 turbines, generating 120 MW of capacity across 17 square kilometers in Búrfell, south of … Read the full press release
(IN BRIEF) Exolum has launched H2ROAD, a new business line dedicated to providing integrated hydrogen logistics solutions across the entire value chain, from production to delivery. The initiative includes developing infrastructure for hydrogen compression, storage, transport, and supply, tailored to … Read the full press release
(IN BRIEF) The European Investment Bank (EIB), with support from the InvestEU programme, has provided €80 million in financing to Nortegas Group for the development of biomethane plants and a digital operations centre in Spain. These projects aim to produce … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged biomethane, EIB, Felipe Requejo, Green Energy, InvestEU, Javier Contreras, Nadia Calviño, Nortegas, Paolo Gentiloni, partnership, Spain, sustainability
(IN BRIEF) Zeewolde wind farm has partnered with Rabobank and Eneco to advance the construction of a large-scale battery park with a 65 MWh capacity, set to be among the largest in the Netherlands. Rabobank will fund the project through … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Community-Owned Battery Park, Eneco, Hans Ketelaars, Lucien Wiegers, partnership, Rabobank, Sjoerd Sieburgh Sjoerdsma, sustainability, Zeewolde Wind Farm
(IN BRIEF) The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) successfully completed its first pilot for bunkering mass-balanced liquefied bio-methane (LBM) at the Port of Rotterdam. Shell supplied 100 tonnes of LBM, made from waste-based feedstock, to CMA CGM’s LNG-powered … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged Bio-Methane Pilot, decarbonization, partnership, Rotterdam, Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC), Singapore, sustainability
(IN BRIEF) Centrica has acquired the Terhills battery storage project, an 18 MW facility in Belgium, from venture capital firm LRM as part of its strategy to boost green energy investments. The site, operational since 2018, has been optimised by … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged acquisition, Battery Storage Project, Belgium, Centrica, Chris O’Shea, ENERGY, investments, partnership, sustainability, Tom Vanham
(IN BRIEF) The European Investment Bank Group (EIB Group), in partnership with Santander, has launched a €183 million initiative to boost energy efficiency investments in Portugal. The agreement includes €91.6 million in EIB Group support for Santander’s upper-mezzanine tranche, enabling … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged Alessandro Tappi, Amílcar Lourenço, EIB Group, ENERGY, Jean-Christophe Laloux, partnership, PORTUGAL, Santander, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and E-Distribuzione, part of the Enel Group, have signed the first €250 million installment of a €500 million sustainability-linked loan aimed at modernizing and strengthening Italy’s power grid. The agreement ties financing terms … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged E-Distribuzione, EIB, Enel, energy transition, Gelsomina Vigliotti, Italy, partnership, Stefano De Angelis, sustainability
(IN BRIEF) Stegra has partnered with Uniper in a six-year power purchase agreement to supply 6 TWh of electricity to its green steel production plant in Boden, Sweden, from 2027 to 2032. The electricity will power a 700MW electrolysis plant … Read the full press release
(IN BRIEF) Wood has partnered with Tendrill to form TendrillWood, a joint venture delivering engineering, procurement, and construction services in Brunei. Established in 2023, TendrillWood combines Wood’s global expertise with Tendrill’s local knowledge, employing a workforce that is 74% Bruneian. … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Brunei, ENERGY, Engineering Solutions, Haryati Ramlee, partnership, Steve Nicol, sustainability, Tendrill, Wood
(IN BRIEF) Hydro’s Alumetal recycling plant in Kety, Poland, will enhance its sustainability by installing solar panels to generate 1,000 MWh of renewable electricity annually, set to be operational by mid-2025. The EUR 870,000 investment is part of Hydro’s broader … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Poland, Technology
Tagged Agnieszka Drzyżdżyk, Alumetal, Hanne Simensen, Hydro, Kety Plant, partnership, Poland, renewable, sustainability
(IN BRIEF) AFRY has joined Industrikraft as an equal shareholder, expanding the initiative’s network of industry leaders committed to supporting the expansion of Sweden’s electricity supply. With a focus on sustainable, fossil-free energy sources, Industrikraft aims to shape Sweden’s energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, energy transition, Henrik Tegnér, Industrial Growth, Industrikraft, partnership, Robert Andrén, sustainability, Sweden, Tom Erixon
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