(IN BRIEF) Uniper has entered into a share purchase agreement with Photon Energy Group for the acquisition of a 20.4 MW photovoltaic project in northeastern Poland, expected to close by the end of 2024. The move aligns with Uniper’s strategy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, partnership, Pawel Tarczewski, Poland, renewable energy, sustainability, Uniper
(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release
(IN BRIEF) BKW, a Swiss energy company, has announced the agreement of a new unsecured, committed revolving credit facility amounting to CHF 1 billion, effectively refinancing its previous syndicated loans of CHF 2 billion ahead of schedule. The decision follows … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged BKW, Financial, investment, Martin Zwyssig
(IN BRIEF) Technology group Rheinmetall has secured substantial subsidies totaling around €7.7 million from the German federal government and the state of North Rhine-Westphalia for the development of innovative hydrogen and electrification solutions. These projects, in collaboration with industry and … Read the full press release
(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a 15-year USD 50 million investment loan agreement with Iceland’s transmission system operator, Landsnet hf., to support the construction and enhancement of substations, underground cabling, and overhead lines from 2023 to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Iceland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged expansion, Iceland, Landsnet, NIB, partnership, sustainability
(IN BRIEF) On May 14, 2024, EDF achieved a significant milestone by launching its inaugural green commercial paper issuance, valued at €50 million with a 6-month maturity, successfully subscribed by Ecofi. The funds from this issuance are earmarked to support … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Commercial Paper Issuance, EDF, investments, renewable energy, sustainability
(IN BRIEF) MAHLE has successfully concluded the sale of its OEM thermostat business to ADMETOS, effective May 2, 2024. Under the new ownership, the thermostat segment will operate as BTT Solutions, with ADMETOS assuming control and responsibility for approximately 600 … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged acquisition, ADMETOS, Jumana Al-Sibai, MAHLE, OEM Thermostat Business, partnership
(IN BRIEF) Henkel, a leading partner in the automotive industry for designing and developing safer and more sustainable next-generation EV batteries, is gearing up to participate in the Battery Show Europe 2024 at Messe Stuttgart from June 18 to 20, … Read the full press release
(IN BRIEF) ABB has announced a minority investment in Ndustrial, a US-based clean technology startup renowned for its AI-powered energy management platform. This strategic move aims to empower customers with real-time energy optimization, cost reduction, and accelerated decarbonization. Ndustrial’s innovative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, AI-powered, Energy management, investment, John Crawford, Mads Moeller, Ndustrial, partnership, Stuart Thompson, sustainability, USA
(IN BRIEF) AF Energi og Miljø AS has finalized the acquisition of 70% of the shares in ETA Norge AS, a proficient bioenergy contractor. ETA Norge, established in 2023, specializes in delivering heating systems and providing project planning, installation, and … Read the full press release
(IN BRIEF) Equinor and Petoro have finalized a value-neutral asset swap agreement in the Haltenbanken area, aimed at optimizing ownership in key production hubs. Equinor will increase its stake in the Heidrun field and Noatun discovery while reducing ownership in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Equinor, Haltenbanken area, Kjetil Hove, partnership, Petoro, sustainability
(IN BRIEF) Stellantis and Leapmotor have successfully completed the formation of Leapmotor International B.V., a joint venture led by Stellantis with a 51% stake, aimed at expanding the global reach of Leapmotor’s electric vehicle lineup. Spearheaded by CEO Tianshu Xin, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Technology
Tagged Carlos Tavares, CHINA, EV Lineup, expansion, Jiangming Zhu, Leapmotor, Leapmotor C10, Leapmotor International, Leapmotor T03, partnership, Stellantis, sustainability, Tianshu Xin
(IN BRIEF) Today marks the second anniversary of REPowerEU, the European Union’s response to Russia’s energy threat following the invasion of Ukraine. REPowerEU has significantly accelerated the deployment of wind energy across Europe, increasing its share in the electricity mix … Read the full press release
(IN BRIEF) Forschungszentrum Jülich and EuroHPC Joint Undertaking, in collaboration with ParTec-Eviden, unveiled the first module of the exascale supercomputer JUPITER, named JEDI, at the International Supercomputing Conference. JEDI secured the top spot in the Green500 list for its exceptional … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged AI, Awards, Emmanuel Le Roux, Energy-Efficient Supercomputing, EuroHPC, Eviden, Forschungszentrum Jülich, Germany, Green500 list, JEDI, Jupiter, ParTec AG, partnership, sustainability
(IN BRIEF) REN, Redes Energéticas Nacionais, has revealed its Strategic Plan for 2024–2027, emphasizing its dedication to facilitating the Energy Transition while maintaining financial stability and operational excellence. The plan outlines ambitious sustainability goals, including significant reductions in emissions and … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Portugal
Tagged energy transition, Financial, investment, REN, sustainability
(IN BRIEF) Bosch Engineering and Ligier Automotive are advancing clean energy technologies in motorsport by enhancing their hydrogen-powered demonstrator vehicle. Recent intensive testing has focused on optimizing the vehicle’s engine and overall performance for endurance and robustness, achieving impressive power, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Sports, Technology
Tagged Bosch Engineering, Dr. Johannes-Jörg Rüger, France, Hydrogen-Powered Racing Innovation, Jacques Nicolet, Ligier Automotive, partnership, sustainability
(IN BRIEF) British Gas has introduced a pioneering ‘You Pay: We Pay’ scheme, dedicating £15 million to assist customers struggling with fuel poverty by matching their energy payments over a six-month period. This initiative, launching in June, proactively identifies and … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged 'You Pay: We Pay', British Gas, Centrica, Chris O’Shea, Financial, fuel poverty, Richard Lane
(IN BRIEF) The Mercedes-Benz eCitaro G, an all-electric articulated city bus, has been named the Electric Bus Champion of 2024 after excelling in the rigorous comparison test organized by Omnibusspiegel bus magazine in Bonn. This marks the second consecutive victory … Read the full press release
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?