(IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA’s Obelisk Solar Power project in Egypt. The loan will finance the construction of a 1 GWac solar plant and 200 MWh battery storage system … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities
Tagged and Energy, Battery Energy Storage System (BESS), battery storage, clean energy future, CO2 emissions reduction, COP27, EBRD, EGYPT, energy transition, environmental sustainability, FOOD, Green Energy, Nagaa Hammadi, Nexus on Water, renewable energy, renewable energy hub, Scatec ASA, solar power, US$ 30 million loan
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €50 million subordinated loan to Garanti BBVA Romania to enhance its capital base and support sustainable lending. Garanti BBVA Romania will use the funds to invest in … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Romania
Tagged Banco Bilbao Vizcaya Argentaria, BBVA, capital base, Climate Action, EBRD, environmental sustainability, EU banks, Garanti BBVA, green economy, investment in Romania, Kristina Zagar, low-carbon economy, Mustafa Tiftikcioğlu, Romania, subordinated loan, Sustainable Lending
(IN BRIEF) EIB Global and Family Bank in Kenya have launched a €100 million financing initiative to support small and medium-sized enterprises (SMEs), particularly those owned or led by women and youth entrepreneurs. The partnership, which includes a €50 million … Read the full press release
Posted in Agriculture, Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Investment
Tagged 2X Challenge, Africa, agriculture, credit line, EIB Global, EU, European Investment Bank, Family Bank, financing, Global Gateway, Hans Stausboll, Investing in Young Businesses in Africa (IYBA), Kenya, Nancy Njau, SMEs, sustainable growth, Thomas Östros, trade, women entrepreneurs, youth entrepreneurs
(IN BRIEF) A new study led by Dr. Diana Reckien at the University of Twente has revealed that 70% of climate adaptation plans in European cities are internally inconsistent, which significantly hampers their ability to effectively address rising climate risks. … Read the full press release
Posted in Education, Energy, Gas & Oil, Entertainment, Industrial, Netherlands, Science, Technology
Tagged adaptation gap, climate adaptation plans, climate change, climate planning, Diana Reckien, environmental risks, Euro-LCP Initiative, Europe, social equity, sustainable cities, University of Twente, urban resilience, Vulnerability
(IN BRIEF) Gasum’s chartered LNG bunker vessel Kairos will run on bio-LNG to support FuelEU Maritime compliance and further reduce the carbon footprint of the shipping industry. This collaboration with Bernhard Schulte strengthens Gasum’s commitment to providing sustainable solutions for … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Bernhard Schulte, Bio-LNG, biogas, carbon footprint, compliance, decarbonization, EU Regulations, FuelEU Maritime, Gasum, greenhouse gas emissions, Kairos, LNG bunker vessel, Maritime Sector, partnership, renewable energy, shipping, sustainability
(IN BRIEF) Norrslam AB plans to establish Sweden’s first full-scale sludge incineration plant at Umeå Eco Industrial Park to address the country’s wastewater treatment by-products. This innovative project will incorporate mono-incineration technology, using liquid sludge as a fuel source, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, circular economy, district heating, EU Regulations, Miva, mono-incineration, Norrslam AB, partnership, phosphorus recycling, renewable energy, resource circulation, sludge incineration, sustainability, sustainable development, sustainable waste management, Umeå Eco Industrial Park, Umeå Energi, Vakin
(IN BRIEF) AeroDelft has made history as the first student team to successfully test an electric aircraft propulsion system powered by liquid hydrogen, marking a significant step in the journey towards sustainable aviation. The POTOMAC Phase III trial demonstrates the … Read the full press release
Posted in Aviation & Aerospace, Business, Education, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, Marketing, Netherlands, News, Non Profit, Technology, Transportation & Logistics
Tagged AeroDelft, aerospace engineering, AIR PRODUCTS, Aviation, Electric Aircraft, fuel cell technology, gaseous hydrogen, hydrogen propulsion, hydrogen-powered aircraft, INNOVATION, liquid hydrogen, partnership, Project Phoenix, renewable energy, sustainability, sustainable aviation, sustainable transportation, TNO
(IN BRIEF) British Gas has launched its new brand platform, “Taking care of things,” featuring a heartwarming campaign centered around a lovable family, “The Things,” to represent the company’s dedication to providing reliable home services. The campaign, which includes a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Academy Films, brand campaign, British Gas, BVOD, customer experience, digital activations, energy provider, Gogglebox, home services, OMD UK, peace of mind, reliable service, Si & Ad, social media, T&Pm, Taking Care of Things, The Things, TV ad, tv spot
(IN BRIEF) Evonik has completed the transition of its global PU-additive production sites to green electricity, aligning with its sustainability goals of reducing emissions and improving production efficiency. This shift applies to the company’s amine and silicone platforms, and includes … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Technology
Tagged amine platforms, automotive, Chad Henneke, climate neutrality, coatings, construction, consumer goods, Emissions Reduction, Evonik, furniture, green electricity, Power Purchase Agreements, PU-additives, renewable energy, Roberto Vila-Keller, scope 1 and 2, silicone platforms, sustainability, Wittenburg release agent
(IN BRIEF) Fortum has been nominated once again for Norway’s Best Customer Service in the electricity sector, reflecting its commitment to customer satisfaction. The nomination follows over 20,000 customer interviews, and the award ceremony will take place during the Customer … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News, Norway, Technology
Tagged app, award nomination, Awards, customer experience, customer service, Customer Service Days, electricity prices, electricity sector, energy crisis, feedback, Fortum, Fortum Strøm, Hans-Erik Ramsdal, Kundeserviceavisen, leadership, Norway, Oslo, Sanjin Pekusic
(IN BRIEF) Wood has secured contract extensions worth $118 million to continue its operations and maintenance services for Shell UK, Dana Petroleum, and CNOOC International’s UK offshore assets. This expansion reinforces Wood’s reputation as a trusted partner for North Sea … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Aberdeen, CNOOC International, contract extension, Dana Petroleum, energy infrastructure, FPSO, North Sea, offshore energy, Operations and Maintenance, partnership, Shell UK, sustainabulity, Wood
(IN BRIEF) voestalpine AG has urged the Austrian federal government to ensure fair competition for Austria’s energy-intensive industries by continuing to use electricity price compensation, a measure already utilized by many EU countries. The company emphasizes that this compensation is … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Austria, climate protection, competitiveness, CO₂ penalty taxes, electric arc furnaces, electricity price compensation, energy costs, EU, greentec steel, industry, investment, partnership, subsidies, sustainabulity, voestalpine
(IN BRIEF) The “Best CO2 Utilisation 2025” Innovation Award has been presented to three innovators in the field of carbon capture and utilisation for their groundbreaking work in transforming CO2 emissions into valuable products. UP Catalyst’s technology for producing battery-grade … Read the full press release
Posted in Awards, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Awards, battery-grade graphite, carbon capture, carbon emissions, climate technology, CO2 Utilisation, CO2 Value Europe, CO2-based Fuels and Chemicals Conference, environmental sustainability, Far Eastern New Century Corporation, green methanol, INNOVATION, leadership, methanol production, non-isocyanate polyurethane, nova-Institute, Oxylus Energy, partnership, Power-to-X, sustainable energy, sustainabulity, UP Catalyst, Yncoris
(IN BRIEF) Ocean Yield AS has increased its stake in France LNG Shipping (FLS), raising its indirect economic interest from 34% to 45%. The transaction will add about USD 250 million to the company’s EBITDA backlog. FLS operates 12 LNG … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged Access Capital Partners, acquisition, Andreas Røde, EBITDA backlog, FLS, France LNG Shipping, Geogas LNG, Geogas Maritime, LNG carriers, LNG sector, long-term charters, NYK, Ocean Yield, partnership, sustainabulity, tier-one European energy companies
(IN BRIEF) Koppö Energia has chosen thyssenkrupp Uhde’s green methanol technology for its e-methanol plant in Kristinestad, Finland, part of a power-to-x project aimed at producing sustainable e-methanol for maritime and e-gasoline markets. This plant will capture CO2 and use … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged CO2 capture, e-methanol, energy transition, Finland, GREEN HYDROGEN, green methanol technology, Koppö Energia, maritime fuel, partnership, Power-to-X, renewable energy, sustainable fuels, sustainabulity, ThyssenKrupp Uhde
(IN BRIEF) SGS is expanding its testing and certification services to comply with new regulations in New South Wales, Australia, aimed at improving the safety of e-micromobility devices and batteries. This expansion allows SGS to issue certifications for e-bikes, e-scooters, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged AS/NZS ISO/IEC 17065, certification, consumer safety, e-bikes, e-micromobility, e-scooters, hoverboards, JAS-ANZ, Market Access, New South Wales, partnership, safety regulations, SGS, sustainabulity, testing
(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged breakaway costs, CFD, Contract for Difference, energy transition, Hornsea 4, Offshore wind, partnership, project discontinuation, Rasmus Errboe, risks, supply chain, sustainability, UK, wind energy, Ørsted
(IN BRIEF) Euronext has introduced a series of initiatives focused on enhancing Europe’s strategic autonomy in energy, defense, and technology. These initiatives include the launch of thematic indices targeting energy security, aerospace, defense, and strategic autonomy. Additionally, Euronext is updating … Read the full press release
Posted in Belgium, Business, Defence, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, International Trade, Investment, Ireland, Italy, Management, Marketing, Netherlands, News, Norway, Portugal, Technology
Tagged aerospace, CAC 40 ESG, Defense, energy security, ESG indices, Euronext, European autonomy, European defense bonds, financing, funding solutions, growth hub, MIB ESG, military reserves, partnership, strategic autonomy, sustainabulity
(IN BRIEF) DNV has launched a network of advanced solar resource measurement stations across Italy to support the country’s renewable energy goals. These stations measure solar irradiance, albedo, and soiling data to optimize energy output, particularly for bifacial solar modules, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Norway, Technology
Tagged albedo, bifacial solar modules, clean energy transition, Cubico Sustainable Investments, DNV, energy optimization, Italy, National Energy and Climate Plan, partnership, renewable energy, soiling, Solar Capacity, solar energy, solar irradiance, sustainabulity
(IN BRIEF) DNV and the Norwegian Ocean Industry Authority (Havtil) have launched a collaborative project to enhance offshore safety using artificial intelligence (AI). Their report, focusing on reducing risks related to dropped objects, demonstrates how AI can extract valuable insights … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Security & Safety, Technology
Tagged AI, artificial intelligence, data analysis, digital solutions, DNV, dropped objects, Havtil, industrial safety, Norwegian Continental Shelf, offshore operations, offshore safety, ontology, partnership, safety management, sustainabulity
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