(IN BRIEF) Plenitude, a subsidiary of Eni, will sponsor La Vuelta 24 for the third year, providing energy for the race’s electric vehicles and sponsoring the “Maillot Blanco” for the best young cyclist. They will also launch a community-focused initiative, … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Spain
Tagged electric vehicles, Eni, La Vuelta 24, partnership, Plenitude, Youth cyclists
(IN BRIEF) IMEON ENERGY, a pioneer in AI-driven energy solutions, has successfully listed on Euronext Access+ with a market capitalization of approximately €11.6 million. The company, known for its innovative solar energy self-production and storage solutions, aims to use this … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI-Driven, Christophe Goasguen, Euronext, France, IMEON ENERGY, partnership, solar solutions, sustainability
(IN BRIEF) Gasum has partnered with Equinor to supply liquefied biomethane (bio-LNG) to Equinor’s platform supply vessel, Island Crusader, in the Port of Dusavik, Stavanger. The initiative, which began in mid-July, involves regular deliveries of bio-LNG, a renewable fuel with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Norway, Transportation & Logistics
Tagged Bio-LNG, Equinor, Gasum, Island Crusader, Norway, partnership, Supply Vessel, sustainability
(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged African Clean Energy Developments (ACED), Khangela Emoyeni Wind Farm, Novani Ganess-Johnson, partnership, Sam Cook, South Africa, sustainability, Vestas, wind turbine
(IN BRIEF) Porsche has introduced a new battery storage system at its Leipzig plant, repurposing used Taycan batteries to create a sustainable energy solution. The system, part of Porsche’s “Second Life” initiative, will enhance the plant’s energy efficiency, contribute to … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Albrecht Reimold, Alwin Schmid, battery storage system, innovative, Leipzig Plant, partnership, Porsche, sustainability, Taycan batteries
(IN BRIEF) JERA Nex and JERA Americas have entered the US solar market by acquiring two solar projects, totaling 395MW AC, from Lightsource bp. The projects, located in Arkansas and Louisiana, are now operational and will provide renewable energy under … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisitions, Emilie Wangerman, JERA Americas, JERA Nex, John O’Brien, Lightsource BP, partnership, Richard Scott, solar market, sustainability, USA
(IN BRIEF) ABL France has relocated to a new office in Paris at 21 Rue de la Fontaine au Roi. The move reflects the company’s growth and its commitment to the renewable energy, oil & gas, and maritime sectors. ABL … Read the full press release
(IN BRIEF) Ørsted has deployed heavy-lift cargo drones at the Borssele 1&2 Offshore Wind Farm, marking a significant advancement in operational efficiency and safety. These drones, capable of carrying up to 100 kg, significantly reduce the time required for cargo … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Security & Safety, Technology
Tagged Borssele Offshore Wind Farm, heavy-lift cargo drones (HLCD), Netherland, partnership, Rasmus Errboe, safety, sustainability, Ørsted
(IN BRIEF) Voith and HADAG Seetouristik und Fährdienst AG have commissioned the first of three type 2030 hybrid ferries for the Port of Hamburg. The ferry, featuring advanced electric Voith Schneider Propellers (eVSPs) and an optimized hull design, promises reduced … Read the full press release
Posted in Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged electric Voith Schneider Propellers (eVSPs), ELIN Motoren, HADAG Seetouristik und Fährdienst AG, Hybrid Ferry Electrification, Oliver Lenz, partnership, sustainability, Voith
(IN BRIEF) The European Investment Bank (EIB) and Matrix Renewables have secured a €50 million green loan to develop five new solar photovoltaic plants in Castilla y Leon and Extremadura, Spain, with a total capacity of 240 MW. This project, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Alessandro Izzo, EIB, Nicolás Navas, partnership, solar energy, Spain, sustainability
(IN BRIEF) VARD, a subsidiary of the Fincantieri Group, has signed a contract to design and build an advanced Energy Construction Vessel (ECV) for Wind Energy Construction AS, with delivery slated for Q2 2027. The vessel, built at Vard Vung … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Norway, Technology, Transportation & Logistics
Tagged Energy Construction Vessel, Fincantieri, Norway, partnership, Pierroberto Folgiero, sustainability, Vard, Vietnam, Wind Energy Construction AS
(IN BRIEF) NORMA Group has secured a contract to supply V-band clamps for a German energy storage facility, supporting the cooling system of large stationary batteries. The contract, valued at EUR 2.4 million, spans from 2024 to 2028, providing between … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged Energy Storage Facility, Germany, Guido Grandi, Norma Group, partnership, UK, V-band clamps
(IN BRIEF) Johnson Controls has been named a finalist in the Empire Technology Prize for its innovative heat pump solution, designed to advance low carbon heating in tall buildings. The system uses ultra-low GWP refrigerant and is expected to save … Read the full press release
Posted in Awards, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology
Tagged Awards, Empire Technology Prize, Ian Casper, Innovative Low Carbon Heat Pump Solution, Johnson Controls, Kate Frucher, Katie McGinty, leadership, New York State Energy Research and Development Authority (NYSERDA), Rajesh Dixit, sustainability
(IN BRIEF) TotalEnergies is selling its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group. TPPL, a joint venture with Pak-Arab Refinery Limited (PARCO), operates over 800 service stations and has fuel logistics and lubricants activities in Pakistan. … Read the full press release
(IN BRIEF) The EBRD and Proparco are financing two 60 MW solar power plants in Tozeur and Sidi Bouzid, Tunisia, with a €25 million loan. Developed by Scatec and Aeolus (Toyota Tsusho Group), these projects will reduce annual CO2 emissions … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Aeolus, construction, EBRD, Françoise Lombard, Hideharu Toba, Nandita Parshad, partnership, Proparco, Scatec, solar power plants, sustainability, Terje Pilskog, Tunisia
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Eiffel Investment Group are jointly providing €24.4 million for the construction of two solar power plants in Romania’s Dolj County. Each organization is contributing €12.2 million to the … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, United Kingdom
Tagged EBRD, Eiffel Investment Group, Grzegorz Zieliński, investment, partnership, renewable energy, Romania, solar power, sustainability
(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release
(IN BRIEF) Langley Holdings has acquired GKN Hydrogen, an Italian specialist in hydrogen storage and power-to-power technology, from Dowlais Group. GKN Hydrogen’s innovative technology stores hydrogen in a solid state at 16 times the density of compressed gas, maintaining efficiency … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, United Kingdom
Tagged acquisition, Anthony Langley, energy solutions, GKN Hydrogen, Italy, Langley Holdings, Marelli Motori, partnership, sustainability
(IN BRIEF) British Gas is extending its PeakSave offer to provide half-price electricity to customers during the Paris 2024 Olympic Games, from 28th July to 8th September. The offer, available every Sunday and on two Saturdays, encourages homeowners to use … Read the full press release
(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has signed a preliminary agreement to acquire two solar PV farms and a wind farm from EDP Renewables Polska for approximately PLN 1.15 billion. This acquisition, one of the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, Duarte Bello, EDP Renewables Polska, Ireneusz Fąfara, ORLEN, ORLEN Wind 3, partnership, renewable energy, sustainability
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