(IN BRIEF) DNV has been chosen by the Iberdrola Group to conduct power curve verification using advanced nacelle lidar technology at the Bay of St. Brieuc offshore wind farm in Brittany. This project, featuring 62 turbines with a capacity of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Spain, Technology
Tagged Bay of St. Brieuc Offshore Wind Farm, DNV, France, Iberdola, Jérôme Dumont, LiDAR Technology, partnership, Santiago Blanco, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
(IN BRIEF) The European Investment Bank (EIB) and Banca Etica have signed a €60 million agreement to stimulate €165 million in investments across Italy. The initiative aims to support women-led SMEs, improve services for refugees, and boost economic development in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business
Tagged Anna Fasano, Banca Etica, economy, EIB, Gelsomina Vigliotti, investments, Italy, partnership, SMEs, sustainability
(IN BRIEF) TotalEnergies has acquired Finnish company Tecoil, a leader in producing Re-Refined Base Oils (RRBOs) through an efficient used oil regeneration process. Tecoil operates a 50,000-ton RRBO facility in Finland and has developed a circular economy network for collecting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment
Tagged acquisition, automotive market, car manufacturers, carbon footprint, circular economy, environmentally friendly products, Finland, Hamina, industrial market, INNOVATION, Juha Kokko, June 2024, lubricant production, lubricants, marine market, oil regeneration, Pierre Duhot, premium regenerated base oils, Quartz EV3R, Re-Refined Base Oils, re-refining process, RRBOs, Rubia EV3R, sustainability, Tecoil, TotalEnergies, used lubricants, virgin base oils
(IN BRIEF) Zurich Insurance Group and Aon have launched a comprehensive insurance facility to support blue and green hydrogen projects globally, with coverage for projects up to USD 250 million. This initiative, led by Zurich and brokered exclusively by Aon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Insurance, Switzerland
Tagged Aon, Aviation, blue hydrogen, carbon capture, CCUS technologies, clean energy insurance, commercial insurance, eco-friendly, energy storage, energy transition, GREEN HYDROGEN, hydrogen combustion, hydrogen projects, industrial processes, Joseph Peiser, manufacturing steel, net-zero transition, producing chemicals, refining petrol, renewable energy, shipping, Sierra Signorelli, sustainable solutions, transportation, treating metals, Zurich Insurance Group
(IN BRIEF) Rheinmetall and SLR Giesserei are collaborating on a district heating system at the KS Gleitlager site in St. Leon-Rot, expected to save up to 800 tonnes of CO2 annually. The system will utilize waste heat from the foundry, … Read the full press release
(IN BRIEF) The Lenzing Group has appointed Rohit Aggarwal to the Management Board, where he will initially oversee the fiber division and later succeed Stephan Sielaff as CEO when Sielaff’s contract expires in March 2025. Aggarwal brings decades of experience … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Industrial, Management, News
Tagged appointment, CEO, Cord Prinzhorn, leadership, Lenzing Group, Rohit Aggarwal, Stephan Sielaff
(IN BRIEF) Vestas has secured a 105 MW order from LEAG for the Forst-Briesnig II wind energy project in Germany’s Lausitz region. The project, set on a former brown coal mining area, will include 17 V162-6.2 MW wind turbines. Vestas … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dominique Guillou, EP Corporate Group, Forst-Briesnig II Project, Germany, Jens Kück, LEAG, partnership, sustainability, Thorsten Kramer, Tomáš David, Vestas, wind turbine
(IN BRIEF) Vestas has secured an 81 MW contract from Invenergy for the Pencloe wind energy project in Dumfries and Galloway, Scotland. The project involves the supply, delivery, installation, and commissioning of 18 V136-4.5 MW wind turbines. Vestas will also … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Invenergy, James Ian Robinson, partnership, Pencloe Project, Scotland, Stuart Winter, sustainability, Vestas, Wind Turbine Deal
(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Ahlum-Dettum Project, Denmark, Germany, Lars Niebuhr, partnership, SAB WindTeam GmbH, Sulai Fahimi, sustainability, Vestas, wind turbine
(IN BRIEF) A joint report commissioned by E.ON and Thüga, conducted by the Institute of Energy Economics at the University of Cologne (EWI), assesses the strategic placement of electrolyzers across Germany to support the energy transition. The study identifies regions … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Christoph Ullmer, E.ON, electrolyzers, energy transition, Gabriel Clemens, Germany, Thüga
(IN BRIEF) TotalEnergies has agreed to sell its entire stake in West of Shetland assets, including several fields and the Shetland Gas Plant, to The Prax Group. This transaction, pending regulatory approval, is part of TotalEnergies’ strategy to divest mature … Read the full press release
(IN BRIEF) Portgás, a subsidiary of REN – Redes Energéticas Nacionais, has announced a comprehensive investment plan totaling €128 million aimed at expanding its natural gas distribution networks and promoting decarbonisation initiatives. The plan, outlined in the Natural Gas Distribution … Read the full press release
(IN BRIEF) Holcim is accelerating its adoption of Artificial Intelligence (AI) across its global manufacturing network, with plans to implement AI at over 100 plants worldwide by 2028. Already operational at 45 sites to predict and prevent failures, Holcim aims … Read the full press release
(IN BRIEF) Neste, in collaboration with OK Slurink and Scylla, has launched an initiative to enhance sustainability in the river cruise industry in the Netherlands. Since February 2024, OK Slurink has been supplying Neste MY Renewable Diesel™ to Scylla’s fleet … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, Netherlands, News, Transportation & Logistics
Tagged Alwin Slurink, Marc Wouters, Neste, Neste MY Renewable Diesel™, OK Slurink, partnership, Robert Reitsma, Scylla, sustainability, Sustainable River Cruises, the Netherlands
(IN BRIEF) Thales Alenia Space has announced significant progress in the ASCEND (Advanced Space Cloud for European Net zero emission and Data sovereignty) feasibility study, funded by the European Commission under Horizon Europe. The initiative explores the viability of space-based … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged ASCEND (Advanced Space Cloud for European Net zero emission and Data sovereignty) Study, Christophe Valorge, Space-Based Data Centers, sustainability, Thales, Thales Alenia Space
(IN BRIEF) The European Investment Bank (EIB) has allocated a €285 million loan to Cepsa for the development of an advanced biofuels plant in Andalusia, Spain, adjacent to the La Rábida Energy Park. In partnership with Bio-Oils, the facility will … 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 Biofuels Plant, CEPSA, decarbonisation, EIB, energy security, Maarten Wetselaar, partnership, SAF, Spain, sustainability
(IN BRIEF) Banca Transilvania has entered into a significant synthetic securitisation transaction worth RON 2 billion (€400 million), supported by the European Investment Fund (EIF) and the European Investment Bank (EIB). This transaction will reduce credit risk and release capital … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged Banca Transilvania, EIB, EIF, Ioannis Tsakiris, Marjut Falkstedt, Ömer Tetik, partnership, Romania, SME financing, sustainability
(IN BRIEF) Wood has been awarded a contract by Centrica Energy Storage (CES) to redevelop the UK’s Rough field in the Southern North Sea for hydrogen storage. This project aims to repurpose the long-standing natural gas storage facility to potentially … Read the full press release
(IN BRIEF) KUKA and Swisslog recently highlighted advancements in AI integration for robotics and logistics during a virtual press conference. KUKA showcased an AI chatbot simplifying robot programming through voice commands, while Swisslog presented ItemPiQ, an AI-driven robot enhancing product … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged AI, automation, KUKA, logistics, Niklas Goddemeier, partnership, robotics, Roland Ritter, sustainability, Swisslog, Switzerland
(IN BRIEF) The Science Based Targets initiative (SBTi) has launched its Validation Council to independently oversee target validation decisions globally, ensuring impartiality and expertise in greenhouse gas accounting. Fallight Xu from TÜV Rheinland Greater China has been appointed as a … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged appointment, Climate Accountability, Fallight Xu, leadership, partnership, SBTi, sustainability, TÜV Rheinland, Validation Council
(IN BRIEF) TotalEnergies has entered into an agreement to acquire a 60% stake and operatorship in Block STP02 offshore São Tomé and Príncipe from the country’s national petroleum agency, ANP-STP. The remaining interests will be held by Sonangol (30%) and … Read the full press release
(IN BRIEF) Eurofins Agro Testing Wageningen has partnered with trinamiX to transform forage analysis by developing technology that allows for immediate on-site testing, eliminating the need for laboratory sample sending. This collaboration leverages Eurofins’ extensive analytical experience and global lab … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged BASF, Eurofins, Forage Analysis, Hans Martin, Nils Mohmeyer, partnership, sustainability, technology, trinamiX
(IN BRIEF) BASF’s Coatings division has received acclaim for its automotive paint, ZENOMENON, which was honored at the Red Dot Award: Product Design. This award, recognizing outstanding design quality, was given to ZENOMENON for its innovative approach in the “Materials … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Award, BASF, Cypris Materials, Innovative Automotive Paint Design, leadership, Mark Gutjahr, partnership, red dot award, sustainability, ZENOMENON
(IN BRIEF) Shell Canada Products has announced the Final Investment Decision (FID) for two major carbon capture and storage (CCS) projects at the Shell Energy and Chemicals Park in Scotford, Alberta. The Polaris project is designed to capture approximately 650,000 … Read the full press release
(IN BRIEF) Holcim has acquired the Cand-Landi Group, a Swiss company known for its recycling, waste management, aggregates, and ready-mix operations, to boost decarbonization and circular construction efforts. With CHF 70 million in net sales and 250 employees, Cand-Landi will … Read the full press release
Posted in Construction, Environment, Industrial, Investment, Switzerland
Tagged 250 employees, aggregates, alternative fuels, alternative raw materials, Cand-Landi Group, circular construction, construction demolition materials, decarbonization, Eclépens plant, holcim, Miljan Gutovic, ready-mix, recycling, Switzerland, waste management
(IN BRIEF) The European Investment Bank (EIB) is providing a €1.2 billion loan to support the construction of the Thor wind farm in the Danish North Sea, developed by RWE. The 1.1 GW wind farm, consisting of 72 turbines, will … Read the full press release
Posted in Banks, Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Luxembourg
Tagged 1.1 Gigawatt, 2040, 72 wind turbines, Belgium, Danish North Sea, Denmark, Energinet, European Investment Bank, France, Germany, Great Britain, Holstebro, Ireland, Michael Müller, net zero carbon emissions, Netherlands, Nicola Beer, North Sea Energy Cooperation, Norway, RWE, Siemens Gamesa, Thor wind farm, Thorsminde, €1.2 billion loan
(IN BRIEF) EnBW and LevertonHELM have successfully collaborated on a project to produce high-purity lithium carbonate using direct lithium extraction (DLE) from thermal water at EnBW’s geothermal power plant in Bruchsal, Germany. LevertonHELM processed the extracted lithium chloride solution to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bart Vanden Bossche, Dr. Thomas Kölbel, electromobility, EnBW, Laura Herrmann, LevertonHELM, partnership, Stephen Elgueta Wallis, sustainability, Sustainable Lithium Production
(IN BRIEF) ANDRITZ has been contracted by Sioen Technical Felts to supply a needlepunch line for their Liège, Belgium plant, allowing the production of heavy fabrics in a single step. This will enhance the quality by reducing delamination risks and … Read the full press release
Posted in Austria, Belgium, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Belgium, needlepunch line, partnership, Sioen Technical Felts, sustainability
(IN BRIEF) Ferrovie dello Stato Italiane S.p.A. (FS Group) has signed its largest ever financial deal, a €3.5 billion committed and revolving credit facility with a three-year term. The credit line, secured with nine banks including Banca Popolare di Sondrio, … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Banca Popolare di Sondrio, BNL-BNP Paribas, BPER, CaixaBank, Cassa Depositi e Prestiti, Crédit Agricole CIB, credit facility, FS Group, ING, Intesa Sanpaolo - Divisione IMI/CIB, partnership, sustainability, UNICREDIT
(IN BRIEF) Centrica has introduced Energised Futures, a new start-up venture aimed at simplifying and reducing the cost of energy for consumers. The venture will combine research, innovation, and development expertise from various Centrica brands, including British Gas and Hive, … Read the full press release
(IN BRIEF) Stockholm Exergi Holding AB, a major energy provider in Stockholm, plans to implement a Bio-energy with Carbon Capture and Storage (BECCS) project at its Värtaverket energy plant. This initiative aims to capture and store 800,000 tonnes of biogenic … Read the full press release
(IN BRIEF) CapMan Residential Fund has expanded its portfolio with a new investment in Ursvik, Sundbyberg, acquiring a forward funding project comprising 289 rental apartments and amenities like an underground parking garage with EV chargers. This strategic move, managed by … Read the full press release
(IN BRIEF) CapMan Real Estate has finalized a 20-year lease agreement with Nobis Hospitality Group to develop the Solna Kasernen 1 property in Stockholm’s Royal Haga project into a luxurious hotel, spa, and conference facility. Located in Hagaparken, the site … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Sweden
Tagged CapMan Real Estate, Nobis, partnership, Solna Kasernen 1, Stockholm, sustainability
(IN BRIEF) Hindalco Industries Limited, a key player in aluminum and copper production, has awarded Metso a significant contract to build India’s first electronic waste recycling facility near their Birla copper unit in Gujarat. This greenfield project aims to annually … Read the full press release
(IN BRIEF) SGS has formed a partnership with Jetoil, a leading fuel retailer in Greece with 113 gas stations. Through this collaboration, SGS will implement its Fuel Quality Certification Program, known as the Seal of Quality, across all Jetoil stations. … Read the full press release
(IN BRIEF) SGS has expanded its laboratory in Birsfelden, Switzerland, to offer comprehensive stability studies as part of its biopharmaceutical service portfolio. Effective February 2024, the enhanced facility provides integrated services including controlled temperature storage and various analytical tests, ensuring … Read the full press release
(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Borkum Riffgrund 3 Offshore Wind Farm, Felix Gschnell, Germany, Jordi Francesch, Nuveen Infrastructure, partnership, Peter Obling, sustainability, turbine, Ørsted
(IN BRIEF) Iberdrola has launched the “La Vera Carbon2Nature” project in Jaraíz de la Vera, Spain, aiming to manage 1,499 hectares of pastureland over 50 years. The project involves planting more than 700,000 trees to restore a dehesa ecosystem and … Read the full press release
(IN BRIEF) Heidelberg Materials has announced the commencement of the sixth edition of the Quarry Life Award, a global competition spanning over 15 countries. With a prize pool of €300,000, the award invites researchers, students, communities, NGOs, and nature enthusiasts … Read the full press release
Posted in Awards, Business, Construction, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged Awards, biodiversity, BirdLife International, Dr Nicola Kimm, Heidelberg Materials, partnership, Sixth Quarry Life Award, sustainability, Sustainable Quarry Management
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