(IN BRIEF) On Green Postal Day 2024, postal companies worldwide celebrated a 40% reduction in CO2 emissions since 2008. These companies are working towards further lowering emissions by 50% by 2030, with a focus on using renewable energy and sustainable … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology, Transportation & Logistics
Tagged Africa, DHL, Emissions Reduction, Europe, Green Postal Day 2024, North America, Oceania, Southeast Asia, sustainability, Tobias Meyer
(IN BRIEF) METLEN Energy & Metals, in partnership with Knowl, continues its support for the FemStem Initiative, aimed at reducing gender inequality in STEM fields. The six-month program provides women with 30 hours of training in essential skills, career counseling, … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Finland, Greece, Industrial, Investment, Management, News, Science, Society, Technology
Tagged empower women, FemStem, Knowl, Metlen, partnership, STEM, Training Cycle
(IN BRIEF) The European Investment Bank (EIB) is providing €100 million to SG Equipment Leasing Polska (SGEF Poland) to support Polish SMEs, with SGEF Poland expected to generate €200 million in total financing. At least 20% of the funds will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged Climate Action, EIB, Olivier Rambert, partnership, Poland, SG Equipment Leasing Polska (SGEF Poland), SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) and BNZ have signed a €166 million loan to support the construction of 17 new solar photovoltaic plants in Spain, Italy, and Portugal, as part of a larger €500 million initiative. These plants … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Portugal, Spain
Tagged BNZ, EIB, Francesco Cacciabue, Italy, Luis Selva, partnership, PORTUGAL, solar energy, Southern Europe, Spain, sustainability
(IN BRIEF) AFRY and Aurecon have partnered to design the Borumba Pumped Hydro Energy Storage project in Queensland, Australia. Awarded by Queensland Hydro, the project will provide 2,000 MW of electricity for 24 hours with a storage capacity of 48,000 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Aurecon, Australia, Borumba Pumped Hydro Energy Storage Project, Kieran Cusack, Knut Sierotzki, partnership, Paul Gleeson, Queensland, sustainability
(IN BRIEF) Ørsted has entered into an agreement with Equinor to supply 330,000 tonnes of carbon dioxide removal (CDR) credits over ten years, as part of Ørsted’s Kalundborg CO2 Hub project. This project, starting in 2026, will capture 430,000 tonnes … Read the full press release
(IN BRIEF) Å Energi has partnered with the Nordic Investment Bank (NIB) to secure a NOK 1 billion loan aimed at upgrading and expanding the electricity grid in Southern Norway’s Agder and Buskerud counties. The 10-year loan will finance 22 … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Wind II, a venture capital fund targeting €130 million. Wind II focuses on early-stage tech startups across Europe developing innovative solutions for essential services and infrastructure industries to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Climate Tech Innovation, EIF, Europe, Marjut Falksteadt, partnership, sustainability, Thierry Vandewalle, Wind II, Xavier Gury
(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology
Tagged EIB, heating system, Kaunas, Kauno Energija, Lithuania, partnership, renewable energy, sustainability, Thomas Östros, Tomas Garasimavičius
(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom
Tagged Apollo Global Management, BP, bp Pipelines TAP Limited, energy infrastructure, energy transition, Europe, Gas Projects, Greece, Italy, Leslie Mapondera, low-carbon energy, natural gas, Shah Deniz gas field, Skardon Baker, strategic partnership, TAP, Trans Adriatic Pipeline, William Lin
(IN BRIEF) E.ON and Siemens have signed a global framework agreement to strengthen E.ON’s public charging infrastructure across Europe. The collaboration will deploy Siemens’ SICHARGE D high-power chargers and Sifinity Control backend system, optimizing network management and reliability. The agreement … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Switzerland, Transportation & Logistics
Tagged Arjan van der Eijk, charging stations, Commercial Vehicles, decarbonization, E.ON, E.ON Drive Infrastructure, electric cars, electric vehicle charging, emobility, Europe, fast charging, Germany, High-Power Chargers, IoT-enabled substations, Italy, Markus Mildner, Megawatt charging, network management, profitability, Public Charging Infrastructure, Road transport, SICHARGE D, Siemens, Siemens Smart Infrastructure, Sifinity Control, Sweden, UK
(IN BRIEF) Alfa Laval will introduce its latest energy-efficient heat exchangers for heat pumps at Chillventa 2024, aimed at supporting sustainable cities. These innovations, including the largest-capacity ammonia heat pump condenser and the SE range of brazed heat exchangers, focus … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, Chillventa, Germany, Heat Solutions, innovative, partnership, sustainability
(IN BRIEF) The MaksGrid project, led by DNV and supported by the Pilot-E scheme, aims to increase Norway’s power grid utilization by 25% through innovative solutions like dynamic transmission limits and coordinated system control. The initiative, funded with NOK 26 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged and The Norwegian Smartgrid Centre, DNV, MaksGrid Project, Norway, partnership, power grid, SINTEF Energy, Statnett, sustainability
(IN BRIEF) EIB Vice President Ioannis Tsakiris praised the collaboration between the European Investment Bank (EIB) and ESB in supporting Ireland’s National Smart Metering Programme. Backed by €450 million in EIB funding, the initiative aims to help 2 million Irish … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, ESB, Ioannis Tsakiris, Ireland, Paul Stapleton, Smart Metering Programme
(IN BRIEF) ISO has launched its first Innovation Management System standard, ISO 56001, to help companies enhance their innovation capabilities, manage risks, and increase their chances of success. The standard provides a structured framework for companies to develop and demonstrate … Read the full press release
(IN BRIEF) ST Telemedia Global Data Centres (STT GDC) has become the first data center operator in Singapore to power its backup generators with Neste MY Renewable Diesel™, thanks to a collaboration with Neste. The switch, made in July 2024, … Read the full press release
(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Technology, Ukraine, United Kingdom
Tagged EBRD, energy security, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced new guarantees to unlock €690 million in loans for Ukraine’s critical industries, including food security and energy, through partnerships with Ukrainian banks such as PrivatBank, Ukrgasbank, KredoBank, and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged Bank Lviv, EBRD, KredoBank, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, infrastructure, Ioannis Tsakiris, Ireland, Minister Eamon Ryan, Offshore Wind Port, partnership, sustainability
(IN BRIEF) Schneider Electric has introduced Zeigo Activate Lite, a free version of its emissions management platform, designed to help businesses—especially SMEs—track and reduce their carbon emissions. The software allows users to establish emissions baselines, set decarbonization goals, and calculate … Read the full press release
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