Search Results for: electricity

Volvo Trucks Pioneers Nationwide Fast Charging Network for Heavy Electric Trucks in Sweden

Posted on 6, October 2023 by

(IN BRIEF) In a significant stride towards sustainable heavy transportation, Volvo Trucks is leading the way with the launch of a nationwide fast-charging network for electric trucks in Sweden, fueled by renewable energy. This pioneering initiative, set to open approximately … Read the full press release →

Posted in Automotive, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics

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bp’s Archaea Energy Launches Innovative RNG Plant to Convert Landfill Gas into Sustainable Energy

Posted on 5, October 2023 by

(IN BRIEF) bp’s Archaea Energy has announced the commencement of operations at its Archaea Modular Design (AMD) renewable natural gas (RNG) plant in Medora, Indiana, following bp’s acquisition of Archaea in December 2022. The Medora plant utilizes landfill gas from … Read the full press release →

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

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Metsä Fibre’s Kemi Bioproduct Mill Begins Operations with AFRY’s Comprehensive Support

Posted on 4, October 2023 by

(IN BRIEF) Finland’s largest investment in the forest industry, Metsä Fibre’s new Kemi bioproduct mill, successfully commenced operations on September 20, 2023. AFRY, a key contributor to the project, provided extensive services throughout its various phases, from initial studies and … Read the full press release →

Posted in Business, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden

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ÖBB Rail Cargo Group and Ukrainian Railways Test New TransFER Route for Intermodal Freight Transport

Posted on 4, October 2023 by

(IN BRIEF) ÖBB Rail Cargo Group (RCG) in partnership with Ukrainian Railways (UZ) has launched the TransFER Vienna-Kyiv route, connecting Ukraine to RCG’s intermodal network, TransNET. The inaugural test train successfully transported non-craneable semi-trailers carrying building materials from Kyiv to … Read the full press release →

Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Ukraine

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TotalEnergies and Borealis Enhance U.S. Petrochemical Presence with New Baystar Polyethylene Unit

Posted on 4, October 2023 by

(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release →

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

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Successful Tests for Shore Power Supply at EUROGATE Container Terminal Hamburg

Posted on 3, October 2023 by

(IN BRIEF) EUROGATE Container Terminal Hamburg (CTH) has reported the successful completion of its third ship integration test for shore power supply to container ships. The initial test, conducted in August on the Maersk Condor, marked the first European connection … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News, Transportation & Logistics

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TotalEnergies Signs 15-Year Renewable PPA with Saint-Gobain to Decarbonize North American Operations

Posted on 3, October 2023 by

(IN BRIEF) TotalEnergies has inked a 15-year Renewable Power Purchase Agreement (PPA) with Saint-Gobain, marking the second long-term solar power supply agreement aimed at decarbonizing the building materials company’s 125 industrial sites in North America. TotalEnergies will provide clean energy … 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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50Hertz Signs €4.6 Billion Contracts for High-Performance Cables to Advance Germany’s Green Energy Goals

Posted on 30, September 2023 by

(IN BRIEF) 50Hertz, a major electricity transmission system operator in Germany, has entered into project and framework contracts with leading European cable manufacturers NKT and Prysmian Power Link. These contracts, valued at €4.6 billion, cover the production and installation of … Read the full press release →

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

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Dutch King Inaugurates Vattenfall’s 1.5 GW Offshore Wind Farm, Among World’s Largest

Posted on 30, September 2023 by

(IN BRIEF) Dutch King Willem-Alexander, alongside board members of Vattenfall, BASF, and Allianz, has officially inaugurated the Hollandse Kust Zuid 1-4 offshore wind farm in the North Sea. Located 18-36 kilometers off the Dutch coast, the wind farm features 139 … Read the full press release →

Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, Netherlands, News, Sweden

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Iron Powder Research Receives €900,000 Funding for Green Energy Storage

Posted on 29, September 2023 by

(IN BRIEF) Research into the potential of iron powder as an energy carrier on an industrial scale has received €900,000 in funding from science financier NWO and various organizations. The project, known as CIRCL (Closing the Iron Reduction-Combustion Loop), involves … Read the full press release →

Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Science

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MAHLE Group Achieves Science-Based Climate Targets in Line with Paris Agreement

Posted on 29, September 2023 by

(IN BRIEF) The MAHLE Group has received confirmation from the Science Based Targets initiative (SBTi) that its climate targets align with the goals of the Paris Agreement and are scientifically sound. The automotive supplier has committed to reducing its Scope … Read the full press release →

Posted in Automotive, Awards, Business, Environment, Germany, Industrial, Management, News

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Vestas Secures Order for 25 Wind Turbines in Sweden’s Horshaga Wind Park

Posted on 29, September 2023 by

(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

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Ombrea Acquisition Enhances TotalEnergies’ Commitment to Green Agriculture

Posted on 28, September 2023 by

(IN BRIEF) TotalEnergies has successfully acquired Ombrea, a leading French agrivoltaics company. Ombrea, established in 2016, specializes in integrating agriculture and solar power generation. With this acquisition, TotalEnergies aims to accelerate the development of agrivoltaic projects in France and worldwide, … Read the full press release →

Posted in Agriculture, Energy, Gas & Oil, Environment, France, Industrial, Technology

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TotalEnergies Continues Commitment to Angola’s Energy Landscape with Block 20 Deal

Posted on 28, September 2023 by

(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 →

Posted in Energy, Gas & Oil, France, Industrial, Investment

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TotalEnergies to Expand High-Power EV Charging Network with 1,100 New Points Across Germany

Posted on 28, September 2023 by

(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

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EIB Provides €50 Million for Bocconi University Campus Upgrades and Decarbonization

Posted on 28, September 2023 by

(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

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EIB Engages in ASEAN Summit, Prioritizing Sustainable Investments and Green Transition

Posted on 28, September 2023 by

(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

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Avedøre Power Station Partners with Ørsted for Innovative Carbon Capture and Storage Project

Posted on 27, September 2023 by

(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

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NIB and Varanger Kraft Collaborate on Green Energy Upgrade and Hydrogen Production in Norway

Posted on 27, September 2023 by

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a seven-year loan agreement with Norwegian utility company Varanger Kraft to support the upgrade of their hydrogen facility and the improvement of the electricity distribution network in Norway’s Varanger region. … Read the full press release →

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

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Plenitude, Eni’s Renewable Energy Arm, Expands Presence in Kazakhstan with 50 MW Photovoltaic Plant

Posted on 27, September 2023 by

(IN BRIEF) Plenitude, a subsidiary of Eni focused on renewable energy, has inaugurated its first photovoltaic plant in Kazakhstan near Shaulder village in the Turkistan Region. With an installed capacity of 50 MW, this facility marks Plenitude’s entry into the … Read the full press release →

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

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bp Initiates Construction on 187MW Peacock Solar Project in Texas to Support Clean Energy Transition

Posted on 27, September 2023 by

(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release →

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

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TenneT’s DolWin6 Offshore Grid Connection Expands German North Sea Wind Energy Capacity to Over 8 GW

Posted on 27, September 2023 by

(IN BRIEF) Transmission system operator TenneT has successfully completed the DolWin6 offshore grid connection, adding over eight gigawatts of connection capacity for wind energy in the German North Sea. This marks the 13th German offshore grid connection managed by TenneT … Read the full press release →

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

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Empa Develops Innovative Method to Analyze Hazardous Heavy Metals in Batteries

Posted on 27, September 2023 by

(IN BRIEF) Empa, a Swiss research institute, has created an innovative method for analyzing heavy metals like mercury, lead, and cadmium in batteries, supporting compliance with strict regulations. Batteries, used extensively in various applications, can contain harmful ingredients, and their … Read the full press release →

Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Security & Safety, Switzerland, Technology

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Maersk Launches Technology-Driven Warehousing & Distribution Facility in Douala, Cameroon

Posted on 22, September 2023 by

(IN BRIEF) A.P. Moller – Maersk (Maersk) has inaugurated a modern Warehousing & Distribution (W&D) facility in Douala, Cameroon, to meet the increasing demand for goods, especially in the FMCG sector, driven by the expansion of the middle-class population in … Read the full press release →

Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology, Transportation & Logistics

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ABB to Deliver Power Distribution System for Samskip’s Hydrogen-Powered Container Ships

Posted on 22, September 2023 by

(IN BRIEF) ABB has secured an order to provide a comprehensive power distribution system for two new short-sea container ships being built for Samskip Group, a global logistics company based in Rotterdam. These vessels will be among the world’s first … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics

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Infineon Collaborates with Infypower to Boost EV Charging Efficiency with SiC Power Semiconductors

Posted on 21, September 2023 by

(IN BRIEF) Infineon Technologies has partnered with Infypower, a prominent Chinese new energy vehicle charging company, to enhance the efficiency of electric vehicle (EV) charging stations. Infineon will supply Infypower with its industry-leading 1200 V CoolSiC™ MOSFET power semiconductor devices, … Read the full press release →

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

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ORLEN and Northland Power Secure Financing for Baltic Power Wind Farm

Posted on 20, September 2023 by

(IN BRIEF) The ORLEN Group and Northland Power have signed credit facility agreements with a syndicate of 25 Polish and international financial institutions to finance the Baltic Power project, the first wind farm to be constructed in Polish waters of … Read the full press release →

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

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European Property Developer CTP Invests €200 Million in Solar Expansion with EIB Backing

Posted on 19, September 2023 by

(IN BRIEF) CTP, Europe’s major industrial property developer, secures €200 million in financing from the European Investment Bank (EIB) to fund extensive solar panel installations across its European business parks. The funding aligns with the EIB’s REPowerEU initiative to reduce … Read the full press release →

Posted in Banks, Business, Construction, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg

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TotalEnergies Provides Urgent Relief to Flood-Affected Libya

Posted on 19, September 2023 by

(IN BRIEF) In response to the devastating floods in Libya’s Derna region, TotalEnergies has swiftly stepped in to provide critical assistance. The company has deployed both ground and air resources, sending nearly 50 tons of essential supplies, including medical items, … Read the full press release →

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

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DemoSATH Floating Offshore Wind Project Powers Up, Pioneering Clean Energy in Spain

Posted on 19, September 2023 by

(IN BRIEF) The DemoSATH floating offshore wind project, led by Saitec Offshore Technologies in collaboration with RWE and KEPCO, has achieved a significant milestone by commencing electricity generation. Located off the Basque coast, the DemoSATH platform features a 2 MW … Read the full press release →

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

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Enel Joins Forces with Atalanta Football Club as Official Energy Partner for Sustainability

Posted on 16, September 2023 by

(IN BRIEF) Enel, a multinational power company, has entered into a partnership with Italy’s Atalanta football club to become its Official Energy Partner. As part of the collaboration, Enel’s logo will feature prominently at Atalanta’s stadium, including on LED screens, … Read the full press release →

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

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TotalEnergies, Petrobras, and Casa dos Ventos Forge Partnership to Boost Renewable Energy and Low-Carbon Hydrogen in Brazil

Posted on 16, September 2023 by

(IN BRIEF) TotalEnergies, Petrobras, and Casa dos Ventos Holding have entered into a Memorandum of Understanding (MoU) to explore collaborative opportunities in the renewable energy and low-carbon hydrogen sectors in Brazil. Under this agreement, the three companies will jointly investigate … Read the full press release →

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

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thyssenkrupp Unveils Decarbon Technologies Segment to Lead the Green Transition

Posted on 15, September 2023 by

(IN BRIEF) Industrial and technology company thyssenkrupp is undergoing a significant transformation, reorganizing its portfolio to create the “Decarbon Technologies” segment, set to launch on October 1, 2023. This new segment will consolidate key technologies for decarbonizing industries, such as … Read the full press release →

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

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Vattenfall Secures Right to Develop 630 MW Nordlicht II Offshore Wind Project in German North Sea

Posted on 15, September 2023 by

(IN BRIEF) Vattenfall, a leading energy company, has exercised its right of entry to develop the N-6.6 offshore wind power project, also known as “Nordlicht II,” off the German North Sea coast. This decision comes as part of the tender … Read the full press release →

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

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EIB and Enefit Green Partner to Fund €180 Million Wind Farm in Estonia

Posted on 15, September 2023 by

(IN BRIEF) Enefit Green and the European Investment Bank (EIB) have inked a €180 million financing deal to support the construction of Estonia’s Sopi-Tootsi onshore wind farm, boasting a 255-megawatt capacity with 38 wind turbines. This strategic collaboration will significantly … Read the full press release →

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

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TotalEnergies Launches Development Studies for Major Offshore Oil Project in Suriname

Posted on 14, September 2023 by

(IN BRIEF) TotalEnergies has initiated development studies for a major offshore oil project in Block 58, offshore Suriname. This follows the successful appraisal of the Sapakara South and Krabdagu oil discoveries, confirming a combined resource estimate of approximately 700 million … Read the full press release →

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

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Francesco Starace Appointed Chair of Science-Based Target Initiative’s Board of Trustees

Posted on 14, September 2023 by

(IN BRIEF) EQT, a purpose-driven global investment organization, extends its congratulations to Francesco Starace, a Partner in the EQT Infrastructure Advisory Team, on his appointment as the Chair of the Science Based Target Initiative’s inaugural Board of Trustees. Francesco Starace … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, News, Sweden

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Empa and School Children Collaborate to Create Visionary Children’s Book on Circular Economy and Sustainability

Posted on 13, September 2023 by

(IN BRIEF) In a creative collaboration between Empa researchers, school children, and the St. Gallen University of Teacher Education, a visionary children’s book about the circular economy is being developed to inspire readers of all ages. The project, known as … Read the full press release →

Posted in Business, Economy, Education, Environment, Industrial, Management, News, Switzerland

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Italy Greenlights Tyrrhenian Link, a Major Milestone in Clean Energy Infrastructure

Posted on 13, September 2023 by

(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release →

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

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DNV Awarded Certification Contract for Equinor and Polenergia’s Baltyk II and Baltyk III Offshore Wind Farms in Poland

Posted on 12, September 2023 by

(IN BRIEF) DNV, the independent energy expert and assurance provider, has secured a contract from the joint ventures of Equinor and Polenergia S.A., MFW Bałtyk II sp. z o.o. and MFW Bałtyk III sp. z o.o., to certify the Baltyk … Read the full press release →

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

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