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Search Results for: energy transition
bp Secures Long-Term LNG Offtake Contract with Woodfibre LNG for Sustainable Energy Transition
(IN BRIEF) bp has secured its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility in British Columbia, Canada. This contract adds 0.45 million tonnes of LNG per year on a free-on-board (FOB) basis for 15 … Read the full press release
EnBW Surpasses Expectations in H1 2023 with €3.5 Billion EBITDA; Boosts Investments in Clean Energy Transition
(IN BRIEF) EnBW, a major energy company, has reported its operating results for the first half of 2023, surpassing expectations. The company expects its Group adjusted EBITDA to be €3.5 billion for the period, primarily driven by growth in thermal … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Investment, Management, News
Tagged clean energy transition, EnBW, Financial, investments, sustainability
Wood to Provide Specialized Services for Shell’s Energy Transition Projects
(IN BRIEF) Global consulting and engineering company, Wood, has been awarded a multi-year enterprise framework agreement (EFA) to continue providing specialized services to Shell’s worldwide projects. Wood’s expertise in consulting, engineering, procurement, and project management will support Shell’s greenfield and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Technology, United Kingdom
Tagged Alistair Hope, brownfield projects, carbon capture, Chris Mijatovich, consulting, Craig Shanaghey, decarbonisation, digitalisation, energy security, energy transition, engineering, greenfield projects, hydrogen, low-carbon fuels, Paul Macgregor, procurement, project management, Scott Commons, Shell, Steve Nicol, Wood
GTT Secures ClassNK Approval for Revolutionary Liquid Hydrogen Containment System, Aiding Energy Transition
(IN BRIEF) GTT, a technology expert in containment systems for cryogenic membranes, has received Approval in Principle (AiP) from ClassNK, a Japanese classification society, for a new concept of membrane-type containment system for liquefied hydrogen (LH2) transportation. The scalable system … Read the full press release
European Energy Transition: Repsol Warns Against Overdependence on China and Russia
(IN BRIEF) During the General Shareholders’ Meeting, Repsol’s Chairman, Antonio Brufau, highlighted the company’s commitment to the energy transition and its potential for an “enormous opportunity.” Repsol aims to transform its business with a focus on human, technological, and industrial … Read the full press release
Posted in Business, Energy, Gas & Oil, Spain
Tagged Antonio Brufau, Aránzazu Estefanía, China and Russia, dividend distribution, energy transition, European Energy Transition, Henri Philippe Reichstul, John Robinson West, Josu Jon Imaz, María Teresa García-Milá, Overdependence, Repsol, shareholder remuneration
LEAG Advances Energy Transition with Permit Application for Innovative Power-to-X Plant in Germany
(IN BRIEF) Lausitz Energie Kraftwerke AG (LEAG), the largest private energy company in eastern Germany, has submitted a permit application for the construction of an innovative Power-to-X plant in Jänschwalde, Lusatia. The plant will store and re-electrify excess renewable energy … Read the full press release
UKRI Funds Supergen Energy Networks Hub to Drive Sustainable Energy Transition
(IN BRIEF) The Supergen Energy Networks (SEN) Hub, a research initiative in partnership with several UK universities, has received significant funding from UK Research and Innovation (UKRI) to advance the transition to a sustainable energy sector. The SEN Hub focuses … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Investment, Management, News, Science, United Kingdom
Tagged Arjun Parekh, electricity, funding, gas, heat, Johnson Fernandes, Matt Hindle, partnership, Paul Beasley, Peter Smith, Professor Dame Ottoline Leyser, Professor Philip Taylor, Supergen Energy Networks Hub, sustainability, sustainable energy transition, UKRI
TotalEnergies and Petronas’ Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific
(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release
EBRD Facilitates Montenegro’s Energy Transition with €82 Million Loan for Wind Farm Development
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted an €82 million loan to Elektroprivreda Crne Gore a.d. Nikšić (EPCG), Montenegro’s national electricity utility, and Green Gvozd LLC, a special-purpose vehicle (SPV) fully owned by EPCG. The … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Montenegro
Tagged EBRD, Elektroprivreda Crne Gore a.d. Nikšić, energy transition, EPCG, Green Gvozd LLC, Krešimir Čondić, Milutin Đukanović, Montenegro, Nikola Rovčanin, onshore wind farm, Remon Zakaria, renewable energy
Global Solar Leader, Lightsource bp, Launches New Madrid Headquarters to Drive Renewable Energy Transition
(IN BRIEF) Lightsource bp, a global leader in solar energy projects, has opened its new headquarters in Madrid, Spain. The company has experienced significant growth in just four years and has established itself as a leader in the Spanish renewable … Read the full press release
DNV Research Reveals Growing Importance of Solar-Plus-Storage in Global Energy Transition
(IN BRIEF) DNV’s research highlights that solar-plus-storage solutions are crucial for enhancing the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. Solar-plus-storage, often referred to as the “power couple,” addresses the intermittency issues of … Read the full press release
European Investment Bank and Iberdrola to Drive Energy Transition with €1 Billion Agreement
(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Portugal, Spain
Tagged climate finance, EIB, energy autonomy, energy transition, Green Energy, Iberdrola, Ignacio Galán, onshore wind farms, REPowerEU, Ricardo Mourinho Félix a, solar power plants, sustainable financing, The European Investment Bank
RINA and Eni Collaborate on Green Maritime Initiatives for Energy Transition
(IN BRIEF) RINA and Eni have signed an agreement to collaborate on initiatives aimed at the energy transition and decarbonization of their operations, with a focus on maritime transport. The partnership will explore the use of HVO biofuel produced by … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Management, Transportation & Logistics
Tagged ammonia, biofuel, biogenic, certification, decarbonisation, energy transition, engineering consultancy, Eni, HVO, hydrogen, hydrogenated vegetable oil, inspection, maritime, maritime transport, RINA
Alfa Laval Announces Major Expansion to Meet Increasing Demand for Brazed Plate Heat Exchangers in Energy Transition
(IN BRIEF) Alfa Laval Business Unit Brazed & Fusion Bonded Heat Exchangers has announced an expansion of its production of brazed plate heat exchangers to meet the increasing demand driven by the global energy transition. The capacity expansion includes investments … Read the full press release
TenneT signs contracts for Europe’s largest-ever tender award for energy transition infrastructure
(IN BRIEF) Transmission system operator TenneT, Hitachi Energy/Petrofac, and three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados have signed contracts to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, Media, Netherlands, News
Tagged energy transition, GE/McDermott, GE/Sembcorp (SMOP), Hitachi Energy/Petrofac, infrastructure, Marco Kuijpers, Niklas Persson, partnerships, Pedro Ascorbe, Philippe Piron, Samuel Wong, Siemens Energy/Dragados, Tareq Kawash, Tennet, Tim Holt, Tim Meyerjürgens, Vaseem Khan
Swedfund invests $30 million in Mirova Gigaton Fund to accelerate clean energy transition in emerging markets
(IN BRIEF) Swedfund, a Swedish development finance institution, invested USD 30 million in the Mirova Gigaton Fund on March 1. The Mirova Gigaton Fund, launched by Mirova, a Natixis affiliate, aims to provide debt financing to clean energy projects in … Read the full press release
Posted in Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged agri-solar, battery storage, carbon credit, clean energy financing, climate-smart food systems, debt financing, e-mobility, energy efficiency, ESG, Maria Håkansson, mini-grids, Mirova, Mirova Gigaton Fund, Mirova SunFunder, Natixis Investment Managers, off-grid solutions, SMEs, solar energy solutions, solar home systems, Swedfund, telecom tower solarization
Lightsource bp supports open and honest debate on Dutch energy transition through Studio Energie partnership
(IN BRIEF) Renewable energy company, Lightsource bp, has announced its partnership with Dutch energy podcast, Studio Energie, as a “friend of the show.” The weekly podcast is hosted by Remco de Boer, a prominent researcher in the Dutch energy and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Management, Media, News, United Kingdom
Tagged Debate, Donald Pols, Dutch energy, Erkan Uysal, Lightsource BP, partnership, Remco de Boer, Rob Jetten, Studio Energie, transition, UK
BLIX acquisition strengthens AFRY’s position as a global leader in clean energy transition
(IN BRIEF) AFRY, a Swedish engineering and design company, has acquired Dutch renewable energy consultancy firm BLIX to expand its presence and expertise in the wind energy industry. BLIX specializes in renewable energy solutions and has a strong position in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Management, Netherlands, News, Sweden
Tagged acquisition, AFRY, Albert van der Hem, BLIX, clean energy transition, Consultancy, energy transition, Maarten Timmerman, offshore, Onshore, Peter Plug, renewable energy solutions, wind energy, wind farm
HOEST PtX Esbjerg: A Gigawatt-scale Power-to-X facility in Denmark to lead the energy transition
DNV to provide independent technical assurance for Europe’s largest green ammonia plant DNV delivers range of services for the Power-to-X project in Denmark, including risk appraisals and sustainability impact studies HOEST PtX Esbjerg project aims to reduce CO2 emissions by … Read the full press release
Posted in Agriculture, Business, Denmark, Energy, Gas & Oil, Infrastructure & Utilities, Management, Norway, Security & Safety, Technology, Transportation & Logistics
Tagged ammonia, assurance, Copenhagen Infrastructure Partners (CIP), David Dupont-Mouritzen, Denmark, Ditlev Engel, DNV, energy infrastructure, Esbjerg, green hydrogen feedstock, low-carbon hydrogen, Mick Cramer Jakobsen, Power-to-X, sustainability, technical safety
Professor Machiel Mulder, University of Groningen: Individual Efforts Alone May Not Drive Energy Transition
(PRESS RELEASE) GRONINGEN, The Netherlands, 9-Jan-2023 — /EuropaWire/ — University of Groningen, one of the most traditional and prestigious universities in the Netherlands, has announced that its Professor of Energy Economics Machiel Mulder argues that individual actions, like switching to … Read the full press release
Posted in Education, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Netherlands, News, Science, Technology
Tagged CO2 emissions, electric cars, emissions cap, energy transition, fossil fuels, Machiel Mulder, Professor of Energy Economics Machiel Mulder, solar panels, sustainable energy, University of Groningen
Energy and marine consultancy ABL Group strengthens its energy transition offerings with the acquisition of Add Energy, a Norway based energy and engineering consultancy firm
(PRESS RELEASE) LONDON, 11-Jul-2022 — /EuropaWire/ — ABL Group (OSE: ABL Group ASA – ticker code “ABL”), a leading independent global energy and marine consultancy, working in energy and oceans to de-risk and drive the energy transition, has announced the … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Norway, Technology, United Kingdom
Tagged ABL, ABL Group ASA, acquisition, Add Energy, capex-driven field development, carbon storage, digital optimisation, Dr R.V. Ahilan, Dr. Ole Rygg, East Point Geo, ENERGY, energy efficiency, energy transition, engineering consultancy, gas, Innosea, Longitude, Management, offshore energy, offshore renewables, oil, OPEX, OWC, renewables, Reuben Segal, well engineering
DNV’s Energy Transition Research: one third of the energy mix in Europe will come from non-fossil fuels in 2024
Energy mix will decarbonize more quickly in Europe. Gas consumption alone will be 9% lower in 2024 as countries pivot towards renewables Greenhouse gas emissions will be 580Mt (or 2.3%) lower in Europe in the period 2022-2030 Europe will produce … Read the full press release
DNV to provide insights on Energy Transition and Floating Offshore Wind at the WindEurope Annual Event 2022 in Bilbao
(PRESS RELEASE) BILBAO, 24-Mar-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced its participation at the WindEurope Annual Event 2022 in Bilbao where more than 8,000 delegates and 300 speakers are expected to gather on … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Norway, Spain, Technology
Tagged digitalization, Ditlev Engel, DNV, energy transition, floating offshore wind, Juan Carlos Arévalo, Kim Sandgaard-Mørk, Lucy Craig, Neil Slater, onshore wind, Penda Sall, Santiago Blanco, solar energy, Spain, wind energy, wind power, WindEurope
TenneT in 2021: record EUR 4 billion invested in the expansion and maintenance of the company’s grids in support of the European energy transition
(PRESS RELEASE) ARNHEM, Netherlands, 16-Mar-2022 — /EuropaWire/ — TenneT, a Dutch-German transmission system operator (TSO), has announced that a record EUR 4 billion have been invested in the expansion and maintenance of its grids in support of the European energy … Read the full press release
DNV to support Egypt in its energy transition and decarbonization ahead of COP 27 which will be held in the country this November
(PRESS RELEASE) CAIRO, 24-Feb-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced it signed a memorandum of understanding (MOU) with the Egyptian Natural Gas Holding Company (EGAS) for the development of a supporting hub to … Read the full press release
Yara, Sumitomo Chemical clean ammonia partnership to help Japan accelerate its green energy transition
(PRESS RELEASE) OSLO, 10-Dec-2021 — /EuropaWire/ — Yara International ASA, a global firm specializing in agricultural products and environmental protection agents and a leading global ammonia player, and Sumitomo Chemical Co. Ltd., one of Japan’s leading chemical companies, have announced … Read the full press release
Posted in Business, Chemicals, Environment, Industrial, News, Norway
Tagged ammonia, blue ammonia, carbon neutrality, chemical, clean ammonia, cut CO2 emissions, ENERGY, green ammonia, green energy transition, hydrogen, Idemitsu Kosan, JERA, Kyushu Electric Power, Magnus Krogh Ankarstrand, Petrochemicals, plastics production, renewable energy, Sumitomo Chemical, Yara International ASA
Eni, ELITE, illimity Bank launch innovative financial tool dedicated to the energy transition
(PRESS RELEASE) SAN DONATO MILANESE, 25-Nov-2021 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced the launch of an innovative financial tool “Basket Bond – Sustainable Energy” … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Investment, News, Technology
Tagged Basket Bond, bonds, Borsa Italiana Group, circular economy, ELITE, energy chain, energy supply chain, energy transition, Eni, environmental impacts, ESG, Euronext, Financial, illimity, illimity Bank, renewable energy, supply chain, sustainability, sustainable energy, sustainable mobility, UN SDGs
Energy transition: TotalEnergies part of the World’s Largest Clean Hydrogen Infrastructure Fund
(PRESS RELEASE) PARIS, 1-Oct-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced that the Company together with Air Liquide, a world leader in gases, technologies and services for Industry and Health, and VINCI, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, News, Science, Technology
Tagged AIFM, Air Liquide, alternative investment fund manager, Ardian, AXA, Baker Hughes, Ballard, carbon neutrality, Chart Industries, Clean hydrogen, clean hydrogen ecosystem, clean hydrogen infrastructure, clean hydrogen infrastructure fund, decarbonization, EDF, FiveT Hydrogen, French Market Authority, Groupe ADP, Hy24, hydrogen economy, LOTTE Chemical, low carbon hydrogen, Patrick Pouyanné, Plug Power, Renewable hydrogen, Schaeffler, TotalEnergies, VINCI, Xavier Huillard
Energy transition: NIB supports modernisation and contruction of new hydropower plant in Finland
(PRESS RELEASE) HELSINKI, 2-Dec-2020 — /EuropaWire/ — NIB announces that it has signed a 10-year loan agreement of EUR 10 million with Finnish Kuurnan Voima Oy. The funds will be used to reburbish Kuurna hydropower plant and to build Laurinvirta … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, News, Technology
Tagged automation system, dam, electricity generation, energy transition, Finland, generator, Henrik Normann, hydropower, hydropower plant, Iiris Anttalainen, Kaplan turbines, Kari Jaukkuri, Kuurna hydropower plant, Kuurna spillover channel, Kuurnan Voima Oy, landlocked salmon, Laurinvirta fish spawning, Laurinvirta hydropower plant, loan, NIB, North Karelia, Pielisjoki River, power plant, renewable energy, sustainable energy, turbines, waterways
Snam and Saipem partner on new energy transition technologies to support European Commission’s Hydrogen Strategy
(PRESS RELEASE) SAN DONATO MILANESE, 10-Sep-2020 — /EuropaWire/ — Italian energy infrastructure company Snam and Italian multinational oilfield services company Saipem sign Memorandum of Understanding to cooperate on developing new energy transition technologies, from green hydrogen to capturing and reusing … Read the full press release
Posted in Energy, Gas & Oil, Environment, European Union, Industrial, Infrastructure & Utilities, Italy, News, Technology
Tagged blue hydrogen production, carbon dioxide capture, CCS, CCU, climate change, CO2 Solution Inc., decarbonisation, energy transition, energy transition technologies, fighting climate change, GREEN HYDROGEN, green hydrogen production, hybridisation, hydrogen, hydrogen market, Marco Alverà, Saipem, Snam, Stefano Cao, water electrolysis
Short stories on successful energy transition technologies to educate EU citizens about the European energy system of the future
(PRESS RELEASE) BRUSSELS, 11-Jan-2019 — /EuropaWire/ — The European Technology and Innovation Platform Smart Networks for Energy Transition (ETIP SNET) is launching a series of short stories on successful energy transition technologies to inform citizens and facilitate their involvement in the European energy system … Read the full press release
Energy Transitions Commission (ETC) report: full decarbonisation of hard-to-abate sectors is possible, making ambitious climate objectives achievable
New report on net-zero greenhouse gas (GHG) emissions from hard-to-abate sectors published by ETC today Report shows that net-zero GHG emissions are technically and financially possible ETC commissioners are leading figures from industry, investors, not-for-profit organisations and academics, including EBRD Managing … Read the full press release
Posted in Energy, Gas & Oil, Environment, Investment, Management
Tagged Climate, decarbonisation, ENERGY, GHG, IPCC, Nandita Parshad, transition
The European University Association (EUA) calls on Europe’s universities to lead Europe’s energy transition
BRUSSELS, 16-6-2015 — /EuropaWire/ — The European University Association (EUA) is calling on Europe’s universities to take part in EUA’s UNI-SET Universities Survey, which will provide a mapping of Europe’s universitybased research and education programmes at Master and Doctorate level … Read the full press release
EIF Commits EUR 30m to 123 Transition Energétique 2 Fund for Renewable Energy SMEs
(IN BRIEF) The European Investment Fund (EIF), under the InvestEU program, pledges EUR 30 million as a cornerstone investor to the 123 Transition Energétique 2 fund, managed by 123 Investment Managers and advised by Lendosphere. This fund aims to address … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, France, Laure Verhaeghe, Lendosphere, Marjut Falkstedt, partnership, renewable energy, SMEs, sustainability, Transition Energétique 2 Fund, Xavier Anthonioz
EBRD’s Renewable Energy Programme Fuels Transition from Fossil Fuels to Clean Power
(IN BRIEF) The power sector is undergoing a vital transformation to meet climate goals by shifting towards carbon-free electricity production. The European Bank for Reconstruction and Development (EBRD) is actively contributing to this transition through its Renewable Energy Programme, particularly … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Azerbaijan, Bulgaria, clean power, EBRD, fossil fuels, Fuels Transition, MOLDOVA, Montenegro, partnership, renewable energy, Romania, sustainability
Equinor and RWE Enter 5-Year Natural Gas Supply Agreement to Foster Energy Security and Transition
(IN BRIEF) Equinor and RWE have signed a new supply agreement for natural gas, covering a period of five years starting in October. The agreement entails the supply of 10 to 15 terrawatt hours (TWh) of natural gas annually, strengthening … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Helge Haugane, natural gas, partnership, RWE, sustainability, transition
RWE and Equinor Forge Long-Term Natural Gas Supply Deal to Bolster Energy Security and Transition
(IN BRIEF) RWE, an energy company based in Germany, has signed a new supply agreement with Equinor, a Norwegian energy company, for natural gas. The agreement spans five years, starting in October, with an annual volume ranging from 10 to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Germany, Helge Haugane, Natural Gas Supply, Norway, partnership, RWE, sustainability, transition