Category Archives: Environment

Environment Press Releases & News distributed via EuropaWire

UniCredit Bank Austria Issues €750 Million Green Covered Bond, Reinforcing Commitment to Sustainability

(IN BRIEF) UniCredit Bank Austria has issued a Green Covered Bond worth €750 million with a maturity of nearly 5 years, following its sustainability strategy. This marks the third green bond issuance by the bank, with the bookbuilding process oversubscribed … Read the full press release

Merck KGaA Partners with Inspirna to Advance Novel Therapy for RAS-mutated Colorectal Cancer

(IN BRIEF) Merck KGaA, Darmstadt, Germany, has entered into a licensing agreement with Inspirna, Inc. for ompenaclid (RGX-202), a first-in-class oral inhibitor of the creatine transport channel SLC6A8, and SLC6A8-targeting follow-on compounds, currently under Phase II evaluation for the second-line … Read the full press release

Novo Nordisk Initiates Groundbreaking Collaborations for Innovative Obesity and MASH Treatments

(IN BRIEF) Novo Nordisk has announced separate research collaborations with Omega Therapeutics and Cellarity Inc. to explore innovative treatment approaches for obesity and MASH (Metabolic Associated Fatty Liver Disease). The collaboration with Omega aims to develop an epigenomic controller to … Read the full press release

Iberdrola Initiates Vineyard Wind I: The First Large-Scale Offshore Wind Farm in the US

(IN BRIEF) Iberdrola has commenced the commissioning of the Vineyard Wind I offshore wind farm, marking the first major offshore wind project of its kind in the United States. With a capacity of 806 MW, the facility has begun supplying … Read the full press release

New Holland Returns to LAMMA 2024 with Innovative Sustainable Farm Machinery

(IN BRIEF) New Holland is set to make its return to LAMMA 2024, the UK’s leading farm machinery show, with a lineup of innovative and sustainable products. The highlight of the show will be the UK debut of New Holland’s … Read the full press release

PERUMIN Event Highlights Financial Inclusion for Artisanal and Small-Scale Miners in Peru

(IN BRIEF) Solidaridad, planetGOLD Peru, and the Ministry of Energy and Mines of Peru organized a panel at the PERUMIN event to emphasize the importance of financial inclusion in the artisanal and small-scale mining (ASM) sector. The event aimed to … Read the full press release

Nokia and Honor Sign Patent Cross-License Agreement for 5G and Cellular Technologies

(IN BRIEF) Nokia has entered into a patent cross-license agreement with Honor, a leading player in the Chinese smartphone market. The agreement covers the essential inventions related to 5G and other cellular technologies, and the terms remain confidential. Nokia’s Chief … Read the full press release

Enel Sells US Renewable Asset Portfolio to ORMAT for $271 Million

(IN BRIEF) Enel, through its subsidiary Enel Green Power North America (EGPNA), has completed a transaction with ORMAT Technologies for the sale of a renewable asset portfolio in the United States. The deal, valued at $271 million, includes EGPNA’s entire … Read the full press release

Siemens AG Partners with Volkswagen for Electrification of Fleet with Up to 1,000 ID.4 Vehicles

(IN BRIEF) Siemens AG, a leading industrial company in Germany, is taking significant steps towards sustainability by partnering with Volkswagen Financial Services to electrify its fleet. The plan involves gradually adding up to 1,000 leased Volkswagen ID.4 electric vehicles to … Read the full press release

Fortum’s Loviisa Plant Extends License Until 2050, Paving the Way for 170 TWh of CO2-Free Power

(IN BRIEF) In 2023, Fortum’s Loviisa nuclear power plant in Finland achieved exceptional results, generating 8.09 terawatt-hours of carbon-free electricity. Loviisa 1 and Loviisa 2, the plant’s units, demonstrated high operational efficiency with load factors exceeding 89%. Fortum also collaborated … Read the full press release

OMV Petrom Expands Renewable Portfolio with 1 GW Capacity and Dominant EV Charging Network Acquisition

(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release

Accenture Finalizes Acquisition of U.K. Tech Consultancy 6point6

(IN BRIEF) Accenture has successfully concluded its acquisition of 6point6, a prominent U.K. technology consultancy known for its expertise in cloud, data, and cybersecurity. This strategic acquisition bolsters Accenture’s capabilities in strategy and architecture, with a strong focus on sectors … Read the full press release

Lithuania Acquires Thales Ground Master 200 Radars for Enhanced Defense Capabilities

(IN BRIEF) Lithuania’s Defence Material Agency (DMA) has entered into an agreement with the Dutch procurement Agency COMMIT to procure Thales Ground Master 200 Multi-Mission Compact radars (GM200 MM/C). These advanced radars are designed to provide simultaneous detection, tracking, and … Read the full press release

Kapsch TrafficCom Successfully Launches First Phase of Serbia’s Moravski Corridor Tolling Project

(IN BRIEF) Kapsch TrafficCom has achieved a milestone with the successful opening of the initial phase of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia. The completed first stage, linking Ruma and Šabac near Belgrade, was executed in … Read the full press release

Equinor and bp Terminate Empire Wind 2 OREC Agreement Amid Economic Challenges

(IN BRIEF) Equinor and bp have jointly decided to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind endeavor in the US capable of generating 1,260 MW of power. The move … Read the full press release

QuantumScape’s Solid-State Battery Achieves Remarkable Milestone: Over 1,000 Charging Cycles with 95% Capacity Retention

(IN BRIEF) QuantumScape, a U.S. technology company specializing in solid-state batteries, has achieved a significant breakthrough in battery development, as confirmed by PowerCo. Their solid-state cell has surpassed expectations by successfully completing over 1,000 charging cycles while retaining 95% of … Read the full press release

EIB Backs Agria Group Holding’s Sunflower Oil Plant and Sustainable Transport in Bulgaria with €35 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release

Outokumpu Deepens Commitment to Clean Energy, Bolsters Stake in Rajakiiri Wind Farm

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is taking steps to reduce its carbon footprint and enhance energy self-sufficiency. The company has invested further in the Rajakiiri wind farm in Tornio, Finland, increasing its ownership to … Read the full press release

Kuehne+Nagel Paves the Way for Electric Trucks with Innovative Carbon Insetting Solution

(IN BRIEF) Kuehne+Nagel has introduced a new carbon insetting solution for electric vehicles (EVs), becoming the first logistics service provider to offer this solution, which was previously limited to low-emission fuels. This initiative aligns with Kuehne+Nagel’s Roadmap 2026 Living ESG … Read the full press release

Historic 100% Sustainable Aviation Fuel Transatlantic Flight Supported by Kuehne+Nagel

(IN BRIEF) On November 28, 2023, a groundbreaking achievement took place as the world’s first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline successfully landed at New York JFK after departing from London Heathrow. Kuehne+Nagel, a key … Read the full press release