(IN BRIEF) Thyssenkrupp Steel, E.ON, and König-Brauerei have launched an innovative project that repurposes waste heat from steel production to power the brewing processes at König-Brauerei. The initiative, which includes the construction of a steam transfer pipeline by E.ON, allows … Read the full press release
(IN BRIEF) TotalEnergies has invested $100 million in a partnership with Anew Climate and Aurora Sustainable Lands to support sustainable forestry practices across 300,000 hectares in the U.S. The initiative aims to reduce timber harvesting, enhance carbon sequestration, and improve … Read the full press release
(IN BRIEF) DWS has expanded its European infrastructure investment portfolio by acquiring Heather Wind AB, an onshore wind farm in Sweden with a capacity of 48 MWp. This acquisition, part of DWS’s strategy to diversify its renewable energy assets, follows … Read the full press release
(IN BRIEF) TotalEnergies has launched a pilot project to install a 3 MW floating wind turbine in the UK North Sea, designed to supply renewable energy to the Culzean offshore oil and gas platform. This innovative project aims to provide … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Floating Wind Turbine Project, Marie-Noëlle Semeria, North Sea Oil & Gas Platform, partnership, sustainability, TotalEnergies, UK
(IN BRIEF) BC Hydro has partnered with Wood, a global consulting and engineering firm, under a $200 million, seven-year agreement to modernize and expand British Columbia’s electric grid. The project aims to upgrade power lines, substations, and other infrastructure to … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has approved €10.8 billion in new financing to support a diverse range of projects focused on green energy, business innovation, health, housing, education, and infrastructure development. This includes significant investments in clean energy … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business
Tagged Business Innovation, EIB, Green Energy, Infrastructure Development, investments, Nadia Calviño, partnership, sustainability
(IN BRIEF) MAN Truck & Bus, in partnership with FC Bayern Munich, has launched a project to build a public charging park for electric trucks and buses at the Allianz Arena in Munich. The charging park, featuring high-power and megawatt … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Sports, Technology, Transportation & Logistics
Tagged Alexander Vlaskamp, Allianz Arenal, Dr. Markus Söder, electric vehicle charging hub, FC Bayern, Jan-Christian Dreesen, MAN Truck & Bus, partnership, sports, sustainablity
(IN BRIEF) ABB has announced the acquisition of Födisch Group, a leading German company specializing in advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will strengthen ABB’s position in continuous emission monitoring systems (CEMS), allowing … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a significant investment in Uzbekistan’s first renewable hydrogen facility, marking a pioneering effort in Central Asia’s transition to greener energy sources. The project, developed in partnership with ACWA … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged ACWA Power, Central Asia, EBRD, Nandita Parshad, partnership, Renewable Hydrogen Facility, sustainablity, Uzbekistan, Uzkimyosanoat
(IN BRIEF) The HYBRIT initiative, a collaboration between SSAB, LKAB, and Vattenfall, has reported successful results from six years of research aimed at creating fossil-free iron and steel production. The project has demonstrated that using fossil-free hydrogen and electricity to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged and Vattenfall, Andreas Regnell, fossil-free, HYBRIT, industrialization, Klara Helstad, LKAB, partnership, SSAB, steel production, sustainability, Ulf Spolander
(IN BRIEF) The Mobility House has restructured into four specialized business units—The Mobility House Energy, Solutions, Charging, and North America—to better serve the evolving energy and mobility markets. This reorganization aims to enhance flexibility and support the company’s goal of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics, United Kingdom
Tagged appointment, Daniel Heydenreich, Dr. Herbert Diess, Dr. Raphael Hollinger, England, France, Germany, Gregor Hintler, Heiko Bayer, INNOVATION, leadership, The Mobility House, The Mobility House Charging, The Mobility House Energy, The Mobility House North America, The Mobility House Solutions, Thomas Raffeiner, zero-emission
(IN BRIEF) Euronext and Nord Pool have announced the launch of a new Nordic and Baltic power derivatives market, named Euronext Nord Pool Power Futures. The market will be hosted on Euronext’s Optiq® trading platform and cleared by Euronext Clearing. … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Iceland, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, Netherlands, News, Norway, Portugal
Tagged Baltic Camille Beudin, Euronext, Nord Pool, Nordic, partnership, Power Market, sustainability, Tom Darell
(IN BRIEF) GIGA Storage and TenneT have signed the first-ever time-based grid connection contract, allowing GIGA Storage’s 300 MW battery project, GIGA Leopard, to efficiently connect to the electricity grid in Delfzijl, Netherlands. This innovative contract, part of a national … Read the full press release
(IN BRIEF) A DNV survey reveals that nearly half of senior energy professionals plan to integrate AI-driven applications into their operations within the next year. The survey also highlights a growing divide between “Digital Leaders,” who are excelling in digitalization … Read the full press release
(IN BRIEF) CIMIC Group has secured two significant contracts: one in Australia to build the second phase of the Western Downs Battery in Queensland for Neoen, featuring a 270 MW / 540 MWh Battery Energy Storage System, and another in … Read the full press release
(IN BRIEF) MOL Group has updated its long-term strategy, “SHAPE TOMORROW,” aiming for carbon neutrality by 2050. The plan includes over $4 billion in green investments by 2030, focusing on renewable energy, efficiency improvements, and waste management. The company also … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Hungary, Industrial, Investment, Management, News
Tagged MOL Group, sustainability, Zsolt Hernádi
(IN BRIEF) TotalEnergies has announced key leadership appointments within its Executive Committee, effective September 1, 2024. Bernard Pinatel will become President Downstream and President Marketing & Services, while Vincent Stoquart will take over as President Refining & Chemicals. These changes … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment, Management, News
Tagged appointment, Aurélien Hamelle, Bernard Pinatel, Executive Committee, Helle Kristoffersen, Jean-Pierre Sbraire, leadership, Namita Shah, Nicolas Terraz, Patrick Pouyanné, Stéphane Michel, TotalEnergies, Vincent Stoquart
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to support the Keliber lithium project in Finland, operated by Sibanye-Stillwater. This investment is part of a €500 million package aimed at establishing the EU’s first integrated battery-grade lithium … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Finland, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged EIB, electric vehicles, EU, Finland, Keliber Project, Lithium Supply, partnership, sustainability
(IN BRIEF) Eni has received approval from Indonesian authorities for the development of the Geng North, Gehem, and Gendalo&Gandang gas fields, which will lead to the creation of a new production hub, the Northern Hub, in the Kutei Basin, East … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Claudio Descalzi, Eni, Gas Projects, Indonesia, Kutei Basin, partnership, sustainability
(IN BRIEF) Energiekontor AG has received building permits for three new wind parks in Lower Saxony, Germany, adding 116 megawatts to their renewable energy capacity. These projects, along with other wind and solar initiatives currently under development, are part of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Energiekontor, Europe, France, Germany, partnership, Peter Szabo, renewable energy, Scotland, sustainability, Wind Park
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