(IN BRIEF) EnBW has initiated the installation of the first of 64 submarine cables for the He Dreiht offshore wind farm, connecting its 64 turbines with 100 kilometers of cable. Executed by Seaway7 using two installation vessels, the project involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 1.1 million households, 100 kilometers, 15 MW, 64 wind turbines, 66-kilovolt cables, 960 megawatts, Borkum, converter platform, EnBW, Hamburg, He Dreiht offshore wind farm, Heligoland, high-voltage DC export cables, inner-array grid cabling, JDR, North Sea, offshore, Seaway7, submarine cables, Tennet, Vestas wind turbines, €2.4 billion
(IN BRIEF) DB Schenker and Mercedes-Benz have set a new industry benchmark by finalizing the largest-ever order of Sustainable Aviation Fuel, amounting to roughly 13,000 tons. This significant purchase is expected to cut CO2e emissions by 40,000 tons for Mercedes-Benz … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Ambition 2039, Beijing, biofuel, carbon neutrality, CO2e reduction, DB Schenker, Elke Pusskeiler, Frankfurt, green logistics, intercontinental supply chains, low-emission air freight, Mercedes-Benz, partnership, record SAF volume, Shanghai, sustainability, sustainable aviation fuel, Thorsten Meincke, virtual allocation, waste-derived fuel
(IN BRIEF) Norway has allocated NOK 180 million (around EUR 16 million) through Nefco to drive Ukraine’s green recovery and reconstruction efforts by funding energy-efficiency projects that renovate schools, hospitals, and wastewater facilities, as well as by installing solar energy … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, Ukraine
Tagged 2023–2030, Åsmund Aukrust, Energy Efficiency Projects, energy savings, EUR 16 million, green recovery, hospitals, infrastructure, internally displaced persons, Koziatyn, Krasyliv, municipalities, Nansen Support Programme for Ukraine, near-zero-energy school buildings, NEFCO, NOK 180 million, NOK 205 billion, Norad, Norway, Ovruch, partnership, reconstruction, resilience, SCHOOLS, solar energy, sustainability, UKRAINE, Ulf Bojö, wastewater systems
(IN BRIEF) A consortium led by the European Investment Bank in partnership with SEB and Luminor has provided €62 million to Sunly for a new 244 MW solar park in Risti, Estonia. Expected to be the Baltics’ largest photovoltaic facility … Read the full press release
Posted in Banks, Energy, Gas & Oil, Estonia, European Union, Financial, Infrastructure & Utilities, Internet & Online, Investment
Tagged Baltic region, battery storage, climate neutrality, EIB, Energy Independence, EU, financing, hybrid parks, Indrek Julge, investment, Lääne County, Luminor, Metsagrupp, Peep Jalakas, Photovoltaic, Priit Lepasepp, renewable energy, Risti, Russia decoupling, SEB, solar park, Sunly, Tallinn, Thomas Östros
(IN BRIEF) Netmore Group, a global IoT network operator, has launched its Metering-as-a-Service (MaaS) for water and gas utilities. This service offers a fully managed, turnkey alternative to traditional, capital-intensive AMI systems by eliminating upfront costs and instead charging a … Read the full press release
Posted in Energy, Gas & Oil, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged Advanced Metering Infrastructure, AMI, AMI projects, AMI solution, Andreas Stenhager, Crackle Communications, gas, gas utility, Internet of Things, IoT, IoT network operator, IoT networks, James Gerber, Ken Lynch, LoRaWAN, MaaS, metering, Metering-as-a-Service, Netmore Group, Polar Structure, SLA, smart metering, utilities, utility infrastructure modernization, WATER, water utility
(IN BRIEF) Hydro Energi AS has entered into a long-term power purchase agreement with NTE to secure 660 GWh of renewable energy for the period from January 1, 2027, to December 31, 2029. This contract is a key component of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, Norway, Technology
Tagged aluminium production, captive power production, carbon footprint, Hydro Energi AS, long-term contracts, net-zero emissions, NO3, Nordic power market, NTE, Power Purchase Agreement, PPA, renewable energy, technology roadmap
IN BRIEF) JERA Co., Inc. and bp have announced the leadership team for their new 50-50 offshore wind joint venture, JERA Nex bp, positioning the entity as a global leader in the development, ownership, and operation of offshore wind projects. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 13GW, Alfonso Montero Lopez, appointment, Asia Pacific, BP, British Ambassador to Japan, Chair, Chief Development Officer, Chief Investment Officer, Chief Operating Officer, Chief Technical Officer, Eric Antoons, Erin Eisenberg, Europe, Executive Vice President, Gas and Low Carbon Energy, Global CEO, Inc., Japan’s Minister of Economy Trade and Industry, JERA Co., JERA Nex bp, Jonathan Reynolds, Julia Longbottom, leadership, leadership team, low carbon energy, Memorandum of Cooperation, Nathalie Oosterlinck, offshore wind joint venture, offshore wind power, Parkwind, partnership, Q3 2025, regulatory approvals, Richard Sandford, sustainability, UK Secretary of State for Business and Trade, United States, VP Finance, William Lin, Yoji Muto, Yukio Kani, Zlati Christov
(IN BRIEF) The European Investment Bank has approved a €200 million loan to Latvenergo AS to upgrade Latvia’s electricity distribution network, enhancing reliability for nearly 1.9 million customers while integrating digital innovations and renewable energy sources. Scheduled for completion by … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Technology
Tagged Climate Action, digital innovation, EIB, Electricity distribution network, energy security, European Investment Bank, financing accord, green credentials, Guntars Baļčūns, Latvenergo AS, Latvia, National Energy and Climate Plan, partnership, renewable energy, sustainability, sustainable energy, Thomas Östros, €200 million loan
(IN BRIEF) On February 28, TÜV Rheinland Greater China confirmed SJEF Solar’s organizational greenhouse gas emissions and the cradle-to-gate carbon footprint of its N-type TOPCon solar cells through a thorough ISO-standard verification process that involved document reviews, interviews, and on-site … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Anhui Shijing Solar, carbon footprint, cradle-to-gate, Dr. Li Lixin, Energy management, environmental certification, Fan Han, Greater China, greenhouse gas verification, ISO 14064, ISO 14067:2018, Karen Chen, life cycle analysis, low-carbon strategy, N-type TOPCon, partnership, Photovoltaic, SJEF Solar, Supply Chain Management, sustainability, TÜV Rheinland
(IN BRIEF) AkzoNobel is making significant progress in China toward its goal of achieving 100% renewable electricity across its production sites. Currently, eight of the company’s 15 facilities in China are utilizing a combination of self-generated and externally sourced renewable … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged AkzoNobel, Changzhou, Chengdu, CHINA, decorative paints, energy transition, environmental impact, global operations, green factory, Guangzhou, Langfang, partnership, Pilawa, Poland, renewable electricity, Shanghai, solar energy, solar panels, sustainability, sustainability goals, Suzhou, Wijnand Bruinsma, Wuhan, zero-carbon alternatives
(IN BRIEF) Researchers at the Technical University of Munich have developed a new method for training neural networks that is 100 times faster and more energy-efficient than traditional iterative approaches. By using probabilities instead of iterative adjustments, the method reduces … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology
Tagged Advances in Neural Information Processing Systems, AI, artificial intelligence, climate modeling, data centers, energy consumption, energy efficiency, Felix Dietrich, financial forecasting, iterative methods, large language models, Munich Center for Machine Learning, Munich Data Science Institute, Neural Information Processing Systems, neural networks, NeurIPS, Physics-enhanced Machine Learning, probabilities, Technical University of Munich, TUM
(IN BRIEF) INERATEC secures €40 million in venture debt from the European Investment Bank and €30 million in grants from Breakthrough Energy Catalyst to expand its e-Fuel production capacity. The funding supports the development of Europe’s largest sustainable e-Fuel plant … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Aviation, Breakthrough Energy Catalyst, clean technology, decarbonization, e-Fuel, European Investment Bank, Frankfurt, INERATEC, INNOVATION, partnership, Power to Liquid, sustainability, sustainable energy
(IN BRIEF) Fortum is driving the global shift to a low‐carbon energy future by launching innovative hydrogen solutions showcased at the Hydrogen Summit & Expo in Tampere. Central to its strategy is the Kalla Hydrogen Pilot Plant in Finland, a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 2 MW facility, alkaline electrolyser, Collaborative Vision, cost‐effectiveness, cross‐sector partnerships, demand response systems, dynamic operating modes, efficiency, electricity purchasing, Energy Landscape, Finland, flexibility, Fortum, grid service integration, Guarantees of Origin, hedging portfolio, hydrogen solutions, Hydrogen Summit & Expo, industrial site development, integrated solutions, in‐house hydrogen expertise, Kalla Hydrogen Pilot Plant, long‐term PPAs, low‐carbon energy transition, low‐carbon future, Nordics, operational models, PEM electrolyser, production 2025, real‐time market adjustments, renewable energy, RFNBO, robust hydrogen market, safety, scalable hydrogen production, sustainability demands, sustainable energy ecosystem, tailored purchasing agreements, Tampere, waste heat utilization
(IN BRIEF) Equinor, in partnership with Okea and Pandion Energy, has confirmed a commercial gas and condensate discovery in the Mistral Sør exploration well located in the Halten area of the southern Norwegian Sea. Preliminary assessments estimate recoverable oil equivalent … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged 15/8-G-4 Utgard, 4024 metres depth, commercial discovery, condensate, Data Acquisition, Deepsea Atlantic, Deepsea Atlantic rig, Equinor, European energy security, existing infrastructure, Garn Formation, gas, Grete B. Haaland, Halten area, hydrocarbon column, Ile Formation, Kristin Sør, Lavrans field, Linnorm, Middle Jurassic sandstone, Mistral Sør, Norwegian Continental Shelf, Norwegian Sea, OKEA, Pandion Energy, partnership, production licence 1119, recoverable oil equivalent, reservoir properties, sampling, sustainability, tie-back
(IN BRIEF) SFC Energy AG has landed its first order in Saudi Arabia by signing a contract with RESTART Limited Company for EFOY Pro methanol fuel cells and accessories, designed to power off-grid CCTV and public safety monitoring systems. After … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged accessories, CCTV, clean energy, Dr. Peter Podesser, earnings, EFOY Pro, financial year 2025, first order, high-temperature conditions, hydrogen, logistics savings, methanol fuel cells, Middle East, mobile hybrid power solutions, Mr. Fahad Alsuhaim, off-grid, partnership, portable, proof of concept, public safety monitoring systems, RESTART Limited Company, revenue, Saudi Arabia, Saudi Vision 2030, SFC Energy AG, stationary, sustainability, sustainable energy solutions
(IN BRIEF) Vitol Asia Pte Ltd has signed a 10-year LNG supply agreement with LNGPH—the integrated LNG power facilities of SPPC and Excellent Energy Resources Inc—to deliver up to 0.8 million metric tons of LNG annually starting in 2025. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 0.8 million metric tons, 10-year deal, 2025, AboitizPower, Batangas LNG Terminal, cleaner energy transition, EERI, energy security, Excellent Energy Resources Inc, Jay Ng, Linseed Field Power Corporation, LNG partnership, LNG supply agreement, LNGPH, Luzon power needs, Meralco PowerGen Corporation, Pablo Galante Escobar, partnership, PHILIPPINES, San Miguel Global Power, SPPC, sustainability, sustainable energy, Vitol Asia Pte Ltd, Yari A. Miralao
(IN BRIEF) The Ignalina Nuclear Power Plant in Lithuania has contracted Sweco for €448,000 to evaluate environmental risks for a proposed deep geological repository intended for the final disposal of long-lived radioactive waste. As a vital part of Ignalina’s decommissioning … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Sweden, Technology
Tagged Air Quality, Belgium, biodiversity, decommissioning, deep geological repository, energy transition, environmental risks, EU agreement, Finland, geological layers, groundwater, Ignalina nuclear power plant, Lithuania, Liudas Zalunskis, Managing Director Sweco Lithuania, partnership, Radioactive waste, RBMK-type reactors, reactor dismantling, site restoration, soil, sustainability, Sustainable Management, Sweco, Sweden
(IN BRIEF) SEB Nordic Energy’s portfolio company Locus Energy, in partnership with Ingrid Capacity, is launching the largest battery energy storage project in the Nordics. The project, which will add 70 MW/140 MWh of storage to its Finnish renewable assets, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged 125 GWh wind portfolio, 2026, 70 MW/140 MWh, energy balancing, Europe, Finnish renewable portfolio, flexible assets, grid-scale battery storage, hydropower, Ingrid Capacity, largest battery energy storage facility, Locus Energy, Nivala Municipality, Nordics, Ostrobothnia, pan-Nordic independent power producer, partnership, Portfolio Manager, Richard Gavel, SEB Nordic Energy, strategic partnership, sustainability, system flexibility, three wind parks, Wind
(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, ABB Electrification, acquisition, AI, CHINA, decarbonization, digitalization, distribution network, electrification, energy efficiency, home automation, Mike Mustapha, partnership, portfolio expansion, Siemens, smart building solutions, smart building technologies, smart buildings, smart door locks, smart home systems, Southeast Asia, sustainability, urbanization, Wiring Accessories
(IN BRIEF) Fortum and the City of Loviisa have reached an agreement for the sale of approximately 300 hectares of land near the Loviisa power plant. Valued at 10.6 million euros, the land sale is subject to approval by the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged City of Loviisa, clean energy transition, Fortum, industrial uses, infrastructure, land sale, land transaction, local community, local stakeholders, Loviisa power plant, low-carbon electricity production, Mika Rainemaa, national grid, nuclear power, partnership, regional land use plan, substation, sustainability, sustainable energy solutions, zoning process
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