Category Archives: Environment

Environment Press Releases & News distributed via EuropaWire

ABB Expands AI and Software Capabilities with Acquisition of Meshmind to Boost Automation Innovation

(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release

Maersk Breaks Ground for State-of-the-Art Cold Store Facility in India for HyFun Foods

(IN BRIEF) A.P. Moller – Maersk (Maersk) has initiated the construction of a cutting-edge Cold Store facility in Mehsana, Gujarat, India, exclusively designed for HyFun Foods, a company specializing in frozen processed food items. This facility will provide temperature-controlled storage … Read the full press release

ANDRITZ Expands Environmental and Energy Focus with New Business Area and Financial Reporting Changes

(IN BRIEF) International technology group ANDRITZ has announced the establishment of a new business area called “Environment & Energy” to consolidate its environmental and energy-focused technologies, aiming to better align with the markets it serves. ANDRITZ Environment & Energy offers … Read the full press release

WIIT Secures €10 Million Loan with Green Guarantee from Intesa Sanpaolo for Sustainability Projects

(IN BRIEF) WIIT S.p.A., a leading European enterprise cloud computing services provider, has received a €10 million loan with a Green Guarantee from Intesa Sanpaolo to support sustainability projects, specifically the pursuit of its Environmental Objectives under the WIIT4Climate initiative. … Read the full press release

Evonik Completes Pioneering Sustainable Biosurfactant Facility in Slovakia Ahead of Schedule

(IN BRIEF) Evonik has successfully completed its industrial-scale facility for sustainable biosurfactants in Slovakia, becoming the world’s first plant to produce sustainable rhamnolipid biosurfactants. These high-quality biosurfactants are manufactured through a biogenic, carbon-based fermentation process, eliminating the need for petrochemical … Read the full press release

South Korea’s Daesan Complex to Host LG Chem and Enilive’s Innovative Biorefinery

(IN BRIEF) LG Chem and Enilive have moved closer to making a final investment decision on their joint biorefinery project in South Korea by signing a joint venture agreement. The project, planned for LG Chem’s petrochemical complex in Daesan, South … Read the full press release

EIB and One World Media Collaborate to Spotlight Solutions for Girls and Women Worldwide

(IN BRIEF) The European Investment Bank (EIB) has renewed its partnership with One World Media (OWM) to highlight underreported stories that focus on empowering girls and women while addressing global challenges. Through this collaboration, EIB sponsors an award recognizing outstanding … Read the full press release

Vattenfall’s Kriegers Flak Offshore Wind Farm Explores Dual Role in Green Energy and Food Production

(IN BRIEF) Danish researchers are embarking on a groundbreaking project called WIN@sea in Scandinavia’s largest offshore wind farm, Vattenfall’s Danish Kriegers Flak. This initiative, involving multiple Danish universities and companies, seeks to simultaneously produce fossil-free energy and sustainable food while … Read the full press release

Ørsted Approves Investment in 22nd Irish Wind Farm, Boosting Renewable Energy in the Region

(IN BRIEF) Ørsted has given the green light for the Farranrory Onshore Wind Farm in Tipperary, marking its 22nd wind farm project in Ireland. Comprising nine wind turbines with a total capacity of 43.2 MW, the wind farm is set … Read the full press release

NIB and Skanska Forge Path to Carbon Reduction with $75 Million Loan Deal

(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release

Nordic Investment Bank’s Environmental Bonds Draw Over EUR 1.3 Billion in Investor Interest

(IN BRIEF) The Nordic Investment Bank (NIB) launched a seven-year fixed-rate EUR 500 million Environmental Bond (NEB) on January 17th, with proceeds earmarked for environmentally beneficial projects. This issuance brings NIB’s total green bond issuance for 2024 to EUR 570 … Read the full press release

Stadler Expands Hydrogen Train Fleet for Italian Railway FdC

(IN BRIEF) Italian railway operator Ferrovie della Calabria (FdC) has ordered three additional hydrogen-powered narrow-gauge trains from Stadler as part of a framework agreement. These trains will run on regional and local routes in Italy’s Calabria region and are expected … Read the full press release

European Investment Bank Subscribes €100 Million to Inaugural Green Social Bonds by in’li for Affordable Housing

(IN BRIEF) The European Investment Bank (EIB) has invested €100 million in the inaugural issue of green social bonds by in’li, a subsidiary of the Action Logement Group focused on affordable rental housing in Île-de-France. These funds will be dedicated … Read the full press release

PGNiG Upstream Norway Expands License Portfolio with Ten New Exploration Areas in Norwegian Continental Shelf

(IN BRIEF) PGNiG Upstream Norway AS (PUN), a subsidiary of the ORLEN Group, has secured ten new license areas for exploration on the Norwegian Continental Shelf through the Awards in Predefined Areas (APA) for 2023. PUN will act as the … Read the full press release

CO-RO Chooses Alfa Laval’s Sustainable Juice Mixing Plant for Enhanced Efficiency

(IN BRIEF) Denmark’s renowned beverage and home-freeze ice lolly producer, CO-RO, has selected Alfa Laval to provide a complete juice mixing plant for its processing facility in Frederikssund, Denmark. Sustainability plays a pivotal role in this collaboration, as food and … Read the full press release

Covestro Partners with Encina for Circular Chemicals Supply in Sustainability Drive

(IN BRIEF) Covestro, a leading global high-performance polymer company, has entered into a long-term supply agreement with Encina, a US-based producer of ISCC PLUS certified circular chemicals. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life … Read the full press release

Maersk and Hapag-Lloyd Announce ‘Gemini Cooperation’ for Enhanced Ocean Network

(IN BRIEF) Maersk and Hapag-Lloyd, two major shipping companies, have unveiled a new operational collaboration named the “Gemini Cooperation,” set to commence in February 2025. The partnership aims to provide a flexible and highly reliable ocean network, with a combined … Read the full press release

£2.3 Million Wellcome Trust Grant Awarded to Research Impact of Polar Climate Change on Human Health and Healthcare Sector

(IN BRIEF) The University of Exeter and its partners, including Arctic Basecamp, the World Economic Forum, Deloitte, and the Climate Vulnerable Forum through Aroha Geneva, have secured a £2.3 million grant from the Wellcome Trust for a research project examining … Read the full press release

Swisscom Partners with NVIDIA to Build AI Supercomputers, Investing 100 Million Swiss Francs in AI Solutions

(IN BRIEF) Swisscom has announced a significant collaboration with NVIDIA to create generative AI (GenAI) full-stack supercomputers in Switzerland, utilizing NVIDIA accelerated computing and the NVIDIA AI Enterprise software platform, including the NeMo framework. This partnership aims to develop standard … Read the full press release

SIXT Strikes Multi-Billion Euro Deal with Stellantis for Up to 250,000 Vehicles in Rental Fleet Expansion

(IN BRIEF) SIXT, the premium mobility service provider, and Stellantis, a major global automaker, have reached a multi-billion euro agreement, allowing SIXT to potentially purchase up to 250,000 vehicles for its rental fleet across Europe and North America over the … Read the full press release