Search Results for: electricity

Schneider Electric’s Sustainability Program Gains Momentum with Local Initiatives and Global Recognition

Posted on 27, October 2023 by

(IN BRIEF) Schneider Electric, a leader in energy management and automation, has released its quarterly sustainability impact performance report along with its third-quarter financial results. The report highlights the progress of the Schneider Sustainability Impact (SSI) 2021-2025 program, which aims … Read the full press release →

Posted in Business, Environment, Financial, France, Industrial, Investment, Management, News, Technology

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Record-Breaking Year for Corporate Renewable PPAs in the EU, but Regulatory Barriers Must Be Removed, Say Industry Leaders

Posted on 27, October 2023 by

(IN BRIEF) The RE-Source 2023 event in Amsterdam has marked a record year for corporate power purchase agreements (PPAs) in the EU, with 7.8 GW of renewable capacity secured year to date. Companies in the ICT, heavy industry, and telecom … Read the full press release →

Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Government, Industrial, Management, Media, Netherlands, News

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BrauBeviale 2023: Exploring Optimization and Sustainability in Brewing and Beverage Industry

Posted on 26, October 2023 by

(IN BRIEF) BrauBeviale, taking place in Nuremberg from November 28 to 30, 2023, aims to provide the brewing and beverage industry with opportunities for optimization in various aspects of their operations. This includes resource conservation, product presentation, and equipment enhancements. … Read the full press release →

Posted in Business, Environment, Food & Beverage, Germany, Industrial, Management, Media, News, Technology

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Arkema Doubles Capacity for Sartomer® UV/LED Curing Resins in Nansha Facility Expansion in China

Posted on 26, October 2023 by

(IN BRIEF) Arkema has commenced production of Sartomer® specialty UV/LED curing resins at its recently expanded facility in Nansha, China, effectively doubling its production capacity. This expansion aims to support the development of sustainable solutions for rapidly growing applications in … Read the full press release →

Posted in Business, Chemicals, France, Industrial

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London Gatwick Airport Achieves Top Environmental Certification, Accelerates Net Zero Commitment

Posted on 26, October 2023 by

(IN BRIEF) London Gatwick Airport, part of VINCI Airports network, has achieved Level 4+ ‘Transition’ certification in the Airport Carbon Accreditation (ACA) scheme, making it the 13th airport within VINCI Airports to reach this highest level of environmental recognition. The … Read the full press release →

Posted in Aviation & Aerospace, Awards, Business, Environment, France, Industrial, Management, News

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TotalEnergies’ Cape Ann LNG Terminal Adds 5 Billion Cubic Meters to French Gas Supply

Posted on 26, October 2023 by

(IN BRIEF) TotalEnergies has officially commissioned the Cape Ann, a Floating Storage and Regasification Unit (FSRU) for liquefied natural gas (LNG) in Le Havre’s port. This FSRU has begun injecting natural gas into the grid, using LNG sourced from Norway. … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities

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TotalEnergies Strengthens Position in Europe’s Largest Power Market with Quadra Energy Purchase

Posted on 26, October 2023 by

(IN BRIEF) TotalEnergies has signed agreements to acquire Quadra Energy, a major player in the German renewable energy sector. Quadra Energy, with its 9 GW “virtual power plant,” is one of the top aggregators of renewable electricity in Germany. In … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Germany, Industrial, Infrastructure & Utilities

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TotalEnergies-Led Consortium Project Attentive Energy One to Power New York with 1.4 GW of Renewables

Posted on 25, October 2023 by

(IN BRIEF) TotalEnergies and its partners, Corio Generation and Rise Light & Power, have been awarded a 25-year contract to supply 1.4 GW of renewable electricity in New York State. Their Attentive Energy One project, a joint venture between TotalEnergies … Read the full press release →

Posted in Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities

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Enel’s Strategic Divestment: Arcadia Generación Solar Now in Sonnedix’s Hands

Posted on 25, October 2023 by

(IN BRIEF) Enel and its subsidiary, Enel Chile, have successfully completed the sale of their equity interests in Arcadia Generación Solar to renewable energy producer Sonnedix. This transaction, valued at 556 million US dollars, includes four operational PV plants in … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Italy

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Iberdrola’s Solar Community to Save Residents 40% on Energy Bills in Madrid

Posted on 25, October 2023 by

(IN BRIEF) Iberdrola has installed Spain’s largest solar community at the Nexum Retail Park in Fuenlabrada, Madrid. This solar initiative enables 1,100 nearby households to access 100% renewable energy, saving up to 40% on energy costs without needing individual installations. … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Spain

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TotalEnergies Commences Commercial Operations at 380 MWp Myrtle Solar Farm in Texas

Posted on 25, October 2023 by

(IN BRIEF) TotalEnergies has announced the commencement of commercial operations at the Myrtle Solar farm, a utility-scale solar facility located south of Houston, Texas. With a peak capacity of 380 MWp and 225 MWh of co-located batteries, the solar farm … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

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Lindner Group’s Sustainable Raised Floors Shape Škoda Auto’s New Headquarters

Posted on 25, October 2023 by

(IN BRIEF) In Mladá Boleslav, Czech Republic, Škoda Auto is constructing its new Laurin & Klement Campus, set to be the company’s headquarters. The campus, covering 44,000 square meters, will accommodate 1,700 employees and features modern office spaces, a company … Read the full press release →

Posted in Automotive, Business, Construction, Czech Republic, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics

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Borealis Partners with Alpiq for Long-Term Renewable Energy Supply from Finnish Wind Farm

Posted on 25, October 2023 by

(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release →

Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Finland, Government, Industrial, Investment, Management, News, Switzerland

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Macquarie Asset Management to Acquire Nearly 50% Stake in Hydro’s Renewable Energy Arm

Posted on 25, October 2023 by

(IN BRIEF) Macquarie Asset Management has inked an agreement with Hydro, a prominent Norwegian aluminum and renewable energy company, to purchase a 49.9 percent ownership interest in Hydro’s renewable energy subsidiary, Hydro Rein, for $332 million. This deal values Hydro … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway

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EBRD Achieves €3 Billion Investment Target to Support Ukraine Amidst Russian Conflict

Posted on 24, October 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has successfully met its goal of deploying €3 billion in financing to Ukraine’s real economy in 2022-23 to mitigate the effects of the ongoing conflict with Russia. The investment focuses … Read the full press release →

Posted in Banks, Business, Construction, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Ukraine, United Kingdom

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Innovative Virtual Wheeling: Vodacom and Eskom’s Game-Changing Energy Accord

Posted on 23, October 2023 by

(IN BRIEF) Vodacom and Eskom have signed a pioneering Virtual Wheeling agreement in South Africa to address the country’s energy crisis. Load shedding, planned power cuts by Eskom due to high demand, has disrupted daily life and telecom services. Vodacom … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, United Kingdom

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Strategic Partnership Forms for Major Offshore Wind Venture in New York and New Jersey

Posted on 23, October 2023 by

(IN BRIEF) TotalEnergies has joined forces with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the Attentive Energy offshore wind project off the coasts of New York and New Jersey. Corio and Rise have … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Infrastructure & Utilities

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Major Waste-to-Energy Project in Kuala Selangor, Malaysia, Partners with AFRY

Posted on 23, October 2023 by

(IN BRIEF) Worldwide PMC Sdn. Bhd. (WPMC) has awarded AFRY a contract for owner’s engineering services for a waste-to-energy project in Kuala Selangor, Malaysia. The project, named Jeram WtE, will construct a state-of-the-art facility with a daily capacity of 2,700 … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Sweden, Technology

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Lightsource bp and The Fashion Pact Team Up for Innovative Solar Power Agreement in Fashion Industry

Posted on 19, October 2023 by

(IN BRIEF) Lightsource bp has entered into a collective virtual power purchase agreement (CVPPA) with The Fashion Pact, a sustainability initiative in the fashion and textile industry. This CVPPA, associated with Lightsource bp’s solar portfolio in Spain, provides a long-term … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology, United Kingdom

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VINCI Airports Launches £100 Million Investment to Transform Belfast International Airport

Posted on 19, October 2023 by

(IN BRIEF) VINCI Airports has unveiled a £100 million, five-year investment plan for Belfast International Airport aimed at enhancing operational efficiency, passenger experience, and environmental performance. The initial phase involves constructing a state-of-the-art £25 million security building that will implement … Read the full press release →

Posted in Aviation & Aerospace, Business, Construction, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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AF Gruppen’s Kanonaden Entreprenad Awarded Contract for Series Compensation Station in Isovaara to Boost Sweden-Finland Power Line

Posted on 19, October 2023 by

(IN BRIEF) AF Gruppen’s subsidiary Kanonaden Entreprenad has secured a contract to construct and install a new series compensation station in Isovaara for Svenska kraftnät. This project, carried out in collaboration with Hitachi Energy, is part of the Aurora Line, … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology

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voestalpine Unveils Cutting-Edge Special Steel Plant in Kapfenberg, Austria, Enhancing Regional Economy and Sustainability

Posted on 19, October 2023 by

(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release →

Posted in Austria, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology

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British Gas and Dimplex Launch Innovative 5G-Enabled Electric Storage Heating Tariff

Posted on 18, October 2023 by

(IN BRIEF) British Gas and Dimplex have collaborated to introduce the British Gas Dimplex Quantum Tariff, a groundbreaking electric storage heating tariff designed for use with the Dimplex Quantum Storage Heater. This advanced heating solution offers lower rates than typical … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom

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Terna Selects Eoliann and Fast Computing Start-ups for Resilience Challenge Solutions

Posted on 18, October 2023 by

(IN BRIEF) Terna, Italy’s electricity transmission system operator, has chosen two innovative start-ups, Eoliann and Fast Computing, to collaborate on improving the resilience of the Italian power grid. The Data Science for Resilience challenge, initiated in December 2022, sought digital … Read the full press release →

Posted in Business, Environment, Industrial, Italy, Management, News, Technology

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wpd Secures Grid Access for 740 MW Wind Farms in Sweden, Boosting Green Energy Production

Posted on 17, October 2023 by

(IN BRIEF) wpd, a leading global developer and operator of wind and solar farms, has secured grid access for two wind farms, Broboberget and Lannaberget, in Sweden. The grid connection agreement with Ellevio allows for up to 740 MW of … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden

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Terna Appoints Danilo Del Gaizo as Group Corporate Affairs Director

Posted on 17, October 2023 by

(IN BRIEF) Terna, an Italian electricity transmission system operator, has appointed Danilo Del Gaizo as its new Group Corporate Affairs Director. Del Gaizo, who has extensive experience in various legal fields, including constitutional, European, and international law, as well as … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Italy, Management, News

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TenneT’s DolWin5 Project Advances: HVDC Platform Sets Sail for Norway to Revolutionize Offshore Wind Energy Transmission

Posted on 17, October 2023 by

(IN BRIEF) TenneT, a leading offshore transmission system operator in Europe, has achieved a significant milestone in the DolWin5 grid connection project. The 900 MW offshore platform, DolWin epsilon, left Seatrium Limited’s shipyard in Singapore and is en route to … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News

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Sustainable Steel Revolution: Vattenfall-Backed HYBRIT Delivers Exceptional Hydrogen Storage Solution

Posted on 16, October 2023 by

(IN BRIEF) HYBRIT, a partnership between SSAB, LKAB, and Vattenfall, has achieved a significant breakthrough in hydrogen storage for use in fossil-free steel production. During commercial testing on the electricity market, their hydrogen storage system demonstrated excellent results, potentially reducing … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Investment, Metals and Minerals, Sweden

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EBRD and Morocco’s Ministry of Energy Partner to Advance Green Energy Transition

Posted on 12, October 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Morocco’s Ministry of Energy Transition and Sustainable Development (METSD) have signed a Memorandum of Understanding to collaborate on accelerating the decarbonization of Morocco’s electricity sector. The partnership will focus … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom

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Catalyzing Green Energy: EIB Commits €700 Million for Naturgy’s Power Network Upgrade in Spain

Posted on 12, October 2023 by

(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million loan to support the expansion and modernization of Naturgy’s electricity distribution network in Spain. The first tranche of €500 million has been signed in Madrid, and the project … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology

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EIB Backs Dutch Climate Tech Battolyser Systems with €40 Million Investment for Green Hydrogen Production

Posted on 12, October 2023 by

(IN BRIEF) The European Investment Bank (EIB) has sealed a €40 million financing agreement with Dutch climate tech scale-up Battolyser Systems. Supported by the InvestEU Fund guarantee, this investment will enable Battolyser Systems to expand its production facility in Rotterdam … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology

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TotalEnergies Responds to Accusations Over Mozambique LNG Terrorist Attacks, Details Emergency Assistance Efforts

Posted on 12, October 2023 by

(IN BRIEF) TotalEnergies rejects accusations of “manslaughter and a failure to assist people in danger” during the 2021 terrorist attacks in northern Mozambique. The company outlines its emergency response, which included evacuating over 2,500 people from the Mozambique LNG project … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Government, Industrial, Management, News, Security & Safety

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DNV Report: Energy Transition Slow to Replace Fossil Fuels, CO2 Emissions Peak Expected in 2024

Posted on 12, October 2023 by

(IN BRIEF) Despite record-high sales of electric vehicles, increased solar and battery installations, and the rapid expansion of renewables, fossil fuels are still growing in absolute terms and meeting half of the world’s new energy demand, according to DNV’s Energy … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Technology

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voestalpine Breaks Ground on greentec Steel Project, Paving the Way for Sustainable Steel Production in Austria

Posted on 11, October 2023 by

(IN BRIEF) voestalpine, a leading global steel and technology group, has commenced construction for its greentec steel project at its Linz headquarters in Austria. This initiative aims to electrify energy-intensive processes in steel production using two green electricity-powered electric arc … Read the full press release →

Posted in Austria, Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News

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MYTILINEOS Advances in Spanish Solar Market with Key Milestones in Jaen, Guillena, and Badajoz Projects

Posted on 11, October 2023 by

(IN BRIEF) MYTILINEOS Energy & Metals, a global manufacturer and contractor of solar energy and energy storage projects, has achieved significant milestones in its solar projects in Spain. The Jaen and Guillena solar projects, each with 50 MW capacity, have … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Spain

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RWE Innovates Sustainability in Wind Power with Orkoien Onshore Wind Project

Posted on 10, October 2023 by

(IN BRIEF) RWE, a leading energy company, has taken a pioneering step in promoting sustainability in wind power with its Orkoien onshore wind project near Pamplona, Spain. Over 14 months, RWE constructed a 5.7-megawatt onshore wind turbine while testing two … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology

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Rilsan® Polyamide 11: Arkema’s Sustainable Leap with a 46% Carbon Reduction

Posted on 9, October 2023 by

(IN BRIEF) Arkema Group has achieved a significant 46% reduction in the carbon footprint of its bio-based Rilsan® polyamide 11 grades, reaching less than 2 kg CO2e/kg. This reduction is attributed to the use of renewable and low carbon energy … Read the full press release →

Posted in Chemicals, Energy, Gas & Oil, Environment, France

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TotalEnergies Surpasses 1,000 High-Power Chargers for Electric Vehicles in France, Becomes No.1 in Ultra-Fast Charging

Posted on 7, October 2023 by

(IN BRIEF) TotalEnergies has achieved a significant milestone in electric mobility by installing and operating over 1,000 high-power chargers (HPC) for electric vehicles across France, making it the leading player in ultra-fast charging on the country’s motorways and expressways. As … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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CTP Achieves BREEAM Outstanding Certification for Groundbreaking Industrial Building in Romania

Posted on 6, October 2023 by

(IN BRIEF) CTP, a major developer and manager of industrial and logistics spaces in Continental Europe, has achieved the first BREEAM Outstanding certification for an industrial building in Romania. The certified building, BUW 20-21, is part of CTPark Bucharest West … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Real Estate, Romania, Transportation & Logistics

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AFRY Collaborates with Malta to Drive Offshore Renewable Energy Expansion

Posted on 6, October 2023 by

(IN BRIEF) AFRY is actively supporting Malta’s ambitious plans to expand its offshore renewable energy capacity. The company is engaged in technical and commercial tasks for Interconnect Malta (ICM), a state-owned entity responsible for energy infrastructure projects. AFRY’s efforts aim … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Malta, Management, News, Sweden

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