(IN BRIEF) Vestas, a leading wind turbine manufacturer, has received a substantial order from SR Energy AB for the Horshaga wind park in southern Sweden’s Uppvidinge municipality. The order encompasses 20 V162-6.2 MW and five V150-4.5 MW wind turbines, along … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Anna Schlasberg Wachtmeister, Horshaga Wind Park, partnership, Peter Zachrisson, SR Energy AB, sustainability, Sweden, Vestas, wind turbines
(IN BRIEF) KVG Kieler Verkehrsgesellschaft mbH has entered into an agreement with VDL Bus & Coach to acquire 50 new generation Citea electric buses, with an option for an additional 10 units. These electric vehicles will be delivered in 2024 … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged acquisition, Citea LF-122 buses, Citea LF-181 buses, Citeas, electric fleet, KVG Kiel, partnership, Richard van den Dungen, sustainability, Thomas Mau, VDL Bus & Coach
(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, and Fissler, a premium cookware manufacturer, have collaborated to introduce Outokumpu Circle Green®, an innovative stainless steel with a remarkable up to 92% reduction in carbon footprint compared to industry averages. … Read the full press release
(IN BRIEF) TotalEnergies EP Angola Block 20 has completed the sale of a 40% stake in Block 20, located in Angola’s Kwanza Basin, to PETRONAS ANGOLA E&P LTD (PAEPL), a PETRONAS subsidiary, for $400 million as of January 1, 2023. … Read the full press release
(IN BRIEF) Aviva Ireland’s Head of Property, Suzie Nolan, and Chief People Officer, Danny Harmer, have been recognized on this year’s HERoes Role Model Lists. Suzie is a Future Leader and a diversity advocate, while Danny has made the Women … Read the full press release
(IN BRIEF) Axel Springer has divested its 35% stake in Ringier Axel Springer Schweiz (RASCH) to its joint venture partner, Ringier, as part of its digital strategy. This move allows Ringier to become the sole owner of a portfolio that … Read the full press release
(IN BRIEF) E.ON has secured a contract to construct and manage more than 1,200 new fast charging stations at approximately 140 locations in Germany as part of the “Deutschlandnetz” initiative led by the Ministry of Digital Affairs and Transport. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Arjan van der Eijk, Deutschlandnetz, Dr. Volker Wissing, E.ON, fast charging stations, Germany, partnership, Patrick Lammers, sustainability
(IN BRIEF) TotalEnergies has secured a contract to install and operate 1,100 high-power charge points (HPC) for electric vehicles (EVs) as part of the German government’s “Deutschlandnetz” initiative. These charging points, offering up to 200 kW charging power, will be … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged electric mobility, EV charging network, Germany, High Power Charging (HPC), partnership, sustainability, Thierry Pflimlin, TotalEnergies
(IN BRIEF) Rolls-Royce has achieved a significant milestone in the development of a small gas turbine designed to power hybrid-electric flight. The engine incorporates novel combustion technology, resulting in ultra-low emissions. This achievement marks the effectiveness of the compact, power-dense … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged eSTOL, eVTOL, gas turbine, hybrid-electric flight, Matheu Parr, Rolls-Royce, turbogenerator
(IN BRIEF) BAE Systems and Malloy Aeronautics demonstrated the capabilities of the T-600 heavy lift uncrewed air system (UAS) during the NATO exercise REPMUS 2023 in Portugal. The T-600 is an electric-powered UAS with vertical take-off and landing capabilities, capable … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Technology, United Kingdom
Tagged BAE Systems, Dave Quick, General Dynamics UK, L3 Harris, Malloy Aeronautics, NATO Maritime Exercise, Neil Appleton, partnership, PORTUGAL, REPMUS 2023, sustainability, T-600 Heavy Lift Uncrewed Air System
(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan agreement with Bocconi University in Milan to support the modernization and decarbonization of its campus facilities. This initial tranche of €30 million will fund the construction, renovation, … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bocconi University, Campus Upgrades, decarbonization, EIB, Gelsomina Vigliotti, modernization, partnership, REPowerEU, Riccardo Taranto, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €175 million loan agreement with Valmet, a Finnish technology and services provider for the pulp, paper, and energy sectors. This financing will support Valmet’s research, development, and innovation activities, aiming … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIB, Energy Industries, Janne Pynnönen, paper, partnership, pulp, R&D, REPowerEU, sustainability, Thomas Östros, Valmet
(IN BRIEF) The European Investment Bank (EIB) has published its “Financing in Africa Survey 2023,” offering insights into the evolving financial landscape in Africa. Conducted in partnership with 33 leading banks across the continent, the survey highlights the challenges and … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) participated in the 43rd ASEAN Summit and related ASEAN Indo-Pacific Forum, focusing on sustainable initiatives, economic growth, and climate action in ASEAN countries. Vice-President Kris Peeters highlighted the EIB’s commitment to supporting green … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged ASEAN Indo-Pacific Forum, ASEAN Summit, Edvardas Bumsteinas, EIB, green transition, H.E. Sujiro Seam, Indonesia, Kris Peeters, partnership, Samuel Miquel, Sunita Lukkhoo, sustainability, sustainable investments, Vietnam
(IN BRIEF) Arkema, a leading producer of dimethyl disulfide (DMDS), is increasing its global production capacity of this vital additive at its Beaumont site in the United States. DMDS plays a crucial role in converting vegetable oils and agri-food waste … Read the full press release
(IN BRIEF) Arkema is set to introduce a groundbreaking purification technology at its Carling production site in France by 2026, aiming to cut CO2 emissions by 20%. This investment aligns with Arkema’s climate plan validated on a 1.5°C trajectory by … Read the full press release
(IN BRIEF) Arkema has revealed its ambitious growth strategy, aiming to achieve €12 billion in sales with an 18% EBITDA margin by 2028. This plan hinges on leveraging sustainable innovation and technologies, bolstering the company’s portfolio, and capitalizing on megatrends … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Arkema, Capital Markets Day, growth plan, sustainability
(IN BRIEF) Arkema, a global leader in specialty chemicals, has announced a substantial €50 million investment to expand its organic peroxide production capacities at its Changshu site in China. This strategic move, which is part of the company’s global expansion … Read the full press release
(IN BRIEF) Avedøre Power Station, located south of Copenhagen and operated by Ørsted, is embarking on an ambitious carbon capture and storage (CCS) initiative as part of its transition to greener energy sources. The power station, which has already phased … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Avedøre Power Station, Copenhagen, COWI, Innovative Carbon Capture, Ole Biede, partnership, Storage Project, sustainability, Ørsted
(IN BRIEF) Kuehne+Nagel and Capgemini have entered into a groundbreaking strategic agreement to establish an industry-leading supply chain orchestration service designed to offer comprehensive end-to-end solutions throughout the supply chain network. This strategic partnership aims to help businesses maintain agility … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Capgemini, Gianfranco Sgro, innovative, Kuehne+Nagel, Oliver Pfeil, Orchestration Services, partnership, supply chain, sustainability
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