Search Results for: enewable energy

Intesa Sanpaolo Partners with A2A to Power Operations with Renewable Energy

Posted on 6, April 2024 by

(IN BRIEF) In its ongoing commitment to reduce emissions and align with its ESG strategy, Intesa Sanpaolo has signed an agreement with A2A to procure electricity from renewable sources. This agreement, spanning ten years, will see Intesa Sanpaolo sourcing around … Read the full press release →

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SunMind Expands Renewable Energy Reach with SunWave Subsidiary

Posted on 5, April 2024 by

(IN BRIEF) SunMind, a subsidiary of VINCI Concessions specializing in renewable electricity production through photovoltaic power plants since 2022, is expanding its scope. With a focus on large-scale projects in new markets globally and supporting the solarization of VINCI Concessions’ … Read the full press release →

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EBRD, Meridiam, and Hassan Allam Utilities Join Forces to Propel Egypt’s Renewable Energy Agenda

Posted on 5, April 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Meridiam and Hassan Allam Utilities (HAU) to establish HAU Energy BV, a platform aimed at investing in renewable energy projects primarily in Egypt and potentially across Africa. This … Read the full press release →

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

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Evonik’s DEGACRYL® Specialty Acrylate Production Goes Green with Renewable Energy

Posted on 3, April 2024 by

(IN BRIEF) Evonik’s Coating & Adhesive Resins Business Line in Darmstadt, Germany, has transitioned its production of DEGACRYL® specialty acrylates to renewable energy sources, reducing annual CO2 emissions by approximately 1,400 metric tons. This move aligns with the business line’s … Read the full press release →

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EDF Announces Leadership Changes to Drive Renewable Energy Growth

Posted on 28, March 2024 by

(IN BRIEF) EDF Renewables, a prominent player in renewable energy, is proposing Béatrice Buffon as its new Chairman and CEO. This change follows the decision of Bruno Bensasson, the current Chairman and CEO, to step down to pursue other opportunities. … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Management

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BBVA Exceeds Renewable Energy Goals and Reduces Carbon Footprint

Posted on 27, March 2024 by

(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release →

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

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Iberdrola and Amazon Partner to Procure Renewable Energy from East Anglia THREE Wind Farm

Posted on 21, March 2024 by

(IN BRIEF) Iberdrola and Amazon strengthen their global renewable energy partnership with a new Power Purchase Agreement (PPA) for 159 MW of clean electricity from the East Anglia THREE offshore wind farm in the UK. This agreement expands Amazon’s commitment … Read the full press release →

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Empa’s “Mining the Atmosphere” Initiative Targets High-Efficiency Renewable Energy Solutions for Industry

Posted on 19, March 2024 by

(IN BRIEF) Empa researchers are leading the charge in the “Mining the Atmosphere” initiative, aiming to harvest renewable energy from the Earth’s sun belt and transport it to industrial hubs like Switzerland. By utilizing pyrolysis to decarbonize natural gas, producing … Read the full press release →

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

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ENGIE Unveils Massive Battery Energy Storage System to Enhance Renewable Energy Integration

Posted on 19, March 2024 by

(IN BRIEF) ENGIE, a global leader in renewable energy, has introduced a groundbreaking Co-Located Battery Energy Storage System (BESS) with a storage capacity of 638 MWh and 139 MW of installed capacity. This innovative technology, utilizing lithium batteries, is integrated … Read the full press release →

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Vattenfall and Borealis Forge Renewable Energy Partnership to Drive Decarbonization

Posted on 7, March 2024 by

(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release →

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

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WindEurope and Azerbaijan Renewable Energy Agency Join Forces to Boost Wind Energy in Caspian Region

Posted on 4, March 2024 by

(IN BRIEF) WindEurope and the Azerbaijan Renewable Energy Agency have signed a Memorandum of Understanding (MoU) to accelerate the deployment of onshore and offshore wind energy in Azerbaijan and the broader Caspian Sea area. This collaboration aims to leverage Azerbaijan’s … Read the full press release →

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AFRY Strengthens Renewable Energy Portfolio with Carelin Oy Acquisition

Posted on 1, March 2024 by

(IN BRIEF) AFRY has announced its acquisition of Carelin Oy, a leading provider of project management, energy, and asset care services in the Finnish renewable energy market. This strategic move aims to enhance AFRY’s offerings in the renewables sector, allowing … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, Sweden, Technology

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Sustainable Support: Repsol Powers Spanish Antarctic Campaign with 100% Renewable Energy

Posted on 28, February 2024 by

(IN BRIEF) Repsol, a leading energy company, is supplying 100% renewable fuels to power the Gabriel de Castilla Base during the Spanish Army’s 37th Antarctic Campaign. This initiative supports sustainability efforts in one of the most environmentally sensitive regions on … Read the full press release →

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

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Arkema Advances Climate Plan with Long-Term Renewable Energy Agreements

Posted on 27, February 2024 by

(IN BRIEF) Arkema has taken significant steps towards its climate plan goals by signing long-term renewable energy agreements for multiple sites across the United States. These agreements, with energy providers like Tennessee Valley Authority (TVA), Entergy, and 3Degrees, are expected … Read the full press release →

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Euronext Welcomes Espe’s Renewable Energy Solutions to Milan Market

Posted on 22, February 2024 by

(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release →

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PNE Group Surpasses 100 Project Milestone, Facilitating Growth in Renewable Energy Sector

Posted on 19, February 2024 by

(IN BRIEF) PNE Group proudly announces a significant achievement in its mission to drive renewable energy adoption: surpassing the milestone of supporting over 100 wind and photovoltaic project companies through its pioneering consulting programme, “Power Purchase Agreements (PPA) as a … Read the full press release →

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

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Pike Solar Project by JUWI Marks Major Leap in Colorado’s Renewable Energy Landscape

Posted on 13, February 2024 by

(IN BRIEF) JUWI, a subsidiary of MVV, has completed the construction of the Pike Solar project in Colorado, the largest PV project in its history, generating 223.6 megawatts. The solar park will supply energy to Colorado Springs Utilities under a … Read the full press release →

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

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EIB and Terna Seal €500 Million Deal for Tyrrhenian Link Renewable Energy Project

Posted on 9, February 2024 by

(IN BRIEF) During the EIB Forum in Luxembourg, the European Investment Bank (EIB) and Terna signed a €500 million financing contract, marking the final tranche of the €1.9 billion financing for the Tyrrhenian Link project. This submarine electricity cable, spanning … Read the full press release →

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Gasum to Invest €62 Million in Borlänge Biogas Plant to Boost Renewable Energy Production

Posted on 3, February 2024 by

(IN BRIEF) Gasum, a Nordic energy company, is set to invest over €62 million in the construction of a biogas plant in Borlänge, Sweden. This initiative is part of Gasum’s larger plan to build five large-scale biogas plants in Sweden, … Read the full press release →

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

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European Investment Bank Pours €1.26 Billion into Austria for Renewable Energy, Water Supply, and Housing Projects in 2023

Posted on 2, February 2024 by

(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release →

Posted in Austria, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Real Estate

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Ocean Winds’ Moray West Wind Farm Powers Amazon’s Renewable Energy Ambitions

Posted on 30, January 2024 by

(IN BRIEF) Amazon has expanded its commitment to renewable energy by signing a corporate power purchase agreement (CPPA) with ENGIE. This agreement increases Amazon’s share of the energy output from the Moray West offshore wind farm in Scotland to 473MW, … Read the full press release →

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

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DHL Group Inks 10-Year Renewable Energy Deal with RWE Supply & Trading

Posted on 25, January 2024 by

(IN BRIEF) DHL Group has signed a significant 10-year green energy agreement with RWE Supply & Trading, starting in 2026, to purchase approximately 104 gigawatt-hours of renewable electricity annually. This move aligns with DHL Group’s commitment to decarbonization and sustainability, … Read the full press release →

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Sustainability Milestone: Eurogrid’s Green Bonds Support 50Hertz’s Renewable Energy Goals

Posted on 23, January 2024 by

(IN BRIEF) Eurogrid, the parent company of 50Hertz, a transmission system operator, has secured 1.5 billion euros through its third and fourth Green Bond issuances. These funds will support grid expansion projects on land and at sea to enhance the … Read the full press release →

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EBRD Extends €29 Million Financing for Eurowatt’s Renewable Energy Expansion in Poland

Posted on 23, January 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million equivalent) to support the growth of renewable energy capacity in Poland. The funding will be directed towards … Read the full press release →

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

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SEB Joins Investment in Copenhagen Energy Islands for Offshore Renewable Energy Expansion

Posted on 20, January 2024 by

(IN BRIEF) SEB has announced its investment in Copenhagen Energy Islands, a new development company by Copenhagen Infrastructure Partners (CIP), dedicated to creating energy islands globally. These large-scale offshore energy hubs are poised to play a crucial role in the … Read the full press release →

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

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Ørsted Approves Investment in 22nd Irish Wind Farm, Boosting Renewable Energy in the Region

Posted on 18, January 2024 by

(IN BRIEF) Ørsted has given the green light for the Farranrory Onshore Wind Farm in Tipperary, marking its 22nd wind farm project in Ireland. Comprising nine wind turbines with a total capacity of 43.2 MW, the wind farm is set … Read the full press release →

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EBRD Grants €29 Million for Renewable Energy Projects in Poland

Posted on 10, January 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million) to subsidiaries of Eurowatt Green Energy Group SA, Baltic Sea Polska II sp. z o.o., and C&C … Read the full press release →

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

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EBRD Commits €100 Million to Taaleri SolarWind III Fund for Renewable Energy Projects

Posted on 9, January 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing up to €100 million in Taaleri SolarWind III, a fund managed by Finland-based Taaleri Energia. This investment aims to support the development of 800 MW of new renewable … Read the full press release →

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

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Engineering Firm Wood to Play Key Role in Expanding Germany’s Renewable Energy Grid

Posted on 19, December 2023 by

(IN BRIEF) Wood, a global consulting and engineering firm, has been awarded a contract by Dragados Offshore to design and support the development of three massive 2GW convertor stations in the German North Sea. These stations will transfer offshore wind … Read the full press release →

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

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EIB Provides €46 Million Loan to Ingeteam for Renewable Energy Integration Research

Posted on 15, December 2023 by

(IN BRIEF) The European Investment Bank (EIB) and Ingeteam, a Spanish company specializing in electrical engineering and equipment development, have signed a €46 million loan agreement for a two-year investment plan. The plan focuses on research, development, and innovation (RDI) … Read the full press release →

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ORLEN Group Expands Renewable Energy Portfolio with 60 MW Onshore Wind Farm Acquisition

Posted on 14, December 2023 by

(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has entered into an agreement to purchase onshore wind farms from Octopus Renewables Infrastructure Trust PLC. These wind farms, located in the Provinces of Poznań and Szczecin, have a … Read the full press release →

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VINCI’s Spanish Subsidiary Cobra IS Outlines Ambitious Growth Plans for Renewable Energy

Posted on 13, December 2023 by

(IN BRIEF) VINCI held a Capital Markets Day in Madrid dedicated to its Spanish subsidiary, Cobra IS, aiming to provide detailed insights into its business activities. Cobra IS specializes in a wide array of flow business activities and complex EPC … Read the full press release →

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TotalEnergies Bolsters Renewable Energy Ventures with Startup Acquisitions

Posted on 12, December 2023 by

(IN BRIEF) TotalEnergies is acquiring three startups that previously participated in its TotalEnergies On acceleration program at STATION F in Paris. These acquisitions aim to accelerate the company’s expansion in the electricity sector and enhance its B2B offerings and renewable … Read the full press release →

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Arcadis Ost 1 Wind Farm Powers Up, Adding 250 MW of Renewable Energy to German Grid

Posted on 6, December 2023 by

(IN BRIEF) The Arcadis Ost 1 wind farm, situated off the coast of Rügen in Mecklenburg-Western Pomerania, Germany, has commenced full capacity operation, contributing 250 megawatts (MW) of renewable energy to the German electricity transmission system. The wind farm operator, … Read the full press release →

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EDF’s Port-Est Power Plant Achieves 100% Renewable Energy with Liquid Biomass Conversion

Posted on 6, December 2023 by

(IN BRIEF) EDF Group’s subsidiary, EDF Production Energie Insulaire (PEI), has converted its bioenergy power plant at Port-Est in Reunion Island to operate on liquid biomass made from rapeseed oil, making it fully renewable and contributing to the region’s aim … Read the full press release →

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EIB and Ørsted Sign €400 Million Agreement to Boost Renewable Energy in Europe

Posted on 5, December 2023 by

(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release →

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EBRD’s Renewable Energy Programme Fuels Transition from Fossil Fuels to Clean Power

Posted on 1, December 2023 by

(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

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Sorégies Receives Financing Boost for Renewable Energy Development via InvestEU Program

Posted on 28, November 2023 by

(IN BRIEF) Local energy company Sorégies has secured financing through the InvestEU program, marking a significant step in its strategic plan to prioritize renewable energy development. Sorégies aims to self-generate at least 1,000 GWh of electricity by 2030, aligning with … Read the full press release →

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EU-Funded REFORMERS Project Launches Europe’s First Renewable Energy Valley in the Netherlands

Posted on 28, November 2023 by

(IN BRIEF) The REFORMERS research project, funded under the EU’s Horizon Europe program, has officially commenced its mission to develop and roll out “Renewable Energy Valleys” (REVs) across Europe. The project’s flagship, located in the Netherlands between Alkmaar and Heiloo, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Science, Switzerland, Technology

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Garanti BBVA Commits €36.1 Million in Financing for Işıklar Wind Power Plant to Bolster Renewable Energy Expansion

Posted on 27, November 2023 by

(IN BRIEF) Garanti BBVA has revealed its dedication to supporting renewable energy initiatives with a €36.1 million financing agreement for the Işıklar Wind Power Plant, facilitated through BBVA’s Turkish unit in partnership with Dost Enerji. The wind power project will … Read the full press release →

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

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