Search Results for: electricity

Enel Stands Out as a Top Performer in ESG Practices and Transparency

Posted on 7, June 2023 by

(IN BRIEF) Enel, a global energy company, has once again been recognized for its exceptional environmental, social, and governance (ESG) practices. It has maintained its position in the prestigious FTSE4Good Index Series and the Euronext Vigeo-Eiris (V.E.) indices. Enel’s commitment … Read the full press release →

Posted in Awards, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy, Management

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Fortum Signs MoU with KHNP to Enhance Safety and Efficiency of Nuclear Power Plants

Posted on 1, June 2023 by

(IN BRIEF) Fortum and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) have signed a memorandum of understanding (MoU) to strengthen their collaboration in the field of nuclear power. The MoU covers cooperation and information exchange on future nuclear power … Read the full press release →

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

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TotalEnergies and Tree Energy Solutions Collaborate on Large-Scale e-NG Production Unit in the United States

Posted on 31, May 2023 by

(IN BRIEF) TotalEnergies and Tree Energy Solutions (TES) have formed a partnership to develop a large-scale production unit for e-natural gas (e-NG) in the United States. The project aims to produce 100,000 to 200,000 metric tons of e-NG per year … Read the full press release →

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

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British Gas Expands Smart Home Charging Solutions with Hive EV Charger for Electric Cars

Posted on 30, May 2023 by

(IN BRIEF) British Gas has announced the launch of its Hive EV charger, a compact and smart home charging solution for electric vehicle owners. Developed in partnership with EO Charging, the charger offers improved control and cost management for EV … Read the full press release →

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

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TotalEnergies Secures 20-Year Renewal for OML130 Production License in Nigeria

Posted on 29, May 2023 by

(IN BRIEF) TotalEnergies has successfully renewed the production license for OML130 block in Nigeria for an additional 20 years. The block, located off the Nigerian coast, is home to the productive Akpo and Egina fields. In 2022, the block produced … Read the full press release →

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

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Former Enel CEO Francesco Starace Appointed Partner at EQT Infrastructure

Posted on 29, May 2023 by
Former Enel CEO Francesco Starace Appointed Partner at EQT Infrastructure

(IN BRIEF) Francesco Starace, former CEO and General Manager of Enel, one of the world’s largest energy utility companies, has been appointed as a Partner within the EQT Infrastructure Advisory Team. EQT, a global investment organization, is excited to welcome … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Infrastructure & Utilities, Investment, Italy, Management, News, Sweden

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APM Terminals Bahrain Unveils USD 10 Million Solar Project, Paving the Way for Renewable Energy in Maritime Operations

Posted on 29, May 2023 by

(IN BRIEF) APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has announced the launch of a groundbreaking solar power project worth BHD3.8 million (USD 10 Million). The project aims to make the port energy self-sufficient by the end … Read the full press release →

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

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ANDRITZ Supplies Fiber Preparation Line for KEAS’ MDF Production at Balikesir Mill

Posted on 26, May 2023 by

(IN BRIEF) KEAS, the largest wood panel producer in Türkiye, has successfully started operations of its new fiber preparation line for Medium Density Fiberboard (MDF) production at its Balikesir mill. Supplied by ANDRITZ, the line has a capacity of 60 … Read the full press release →

Posted in Austria, Business, Industrial, Technology, Turkey

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Esforin’s Algorithmic Energy Trading Solution Gains Investment from SEB Greentech VC for Carbon Reduction Efforts

Posted on 26, May 2023 by

(IN BRIEF) SEB Greentech Venture Capital has acquired a stake in Esforin, a German company specializing in algorithm-based energy trading solutions. Esforin’s innovative approach optimizes supply and demand in the energy market by allowing customers to inject energy back into … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Sweden, Technology

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RWE Secures Control of Nordseecluster Offshore Wind Project, Accelerating Renewable Energy Expansion

Posted on 26, May 2023 by

(IN BRIEF) RWE, a global renewable energy company, has acquired full ownership of the Nordseecluster, a 1.6-gigawatt cluster of offshore wind farms in the German North Sea. The cluster, consisting of four sites, was previously co-developed with Northland Power, which … Read the full press release →

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

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TotalEnergies Invests in Ductor to Advance High-Nitrogen Organic Waste Processing Technology

Posted on 24, May 2023 by

(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Technology

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TotalEnergies Advances Methane Emissions Reduction Efforts with Colorado State University Partnership

Posted on 24, May 2023 by

(IN BRIEF) TotalEnergies is partnering with Colorado State University to develop an international protocol for methane emissions measurements as part of its commitment to reduce methane emissions. The collaboration aims to establish standards for the accuracy and detection limits of … Read the full press release →

Posted in Energy, Gas & Oil, European Union, France, Industrial, Infrastructure & Utilities, Management, Technology

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Electric Transport Initiative: Vattenfall and Coca-Cola Invest in Charging Infrastructure for Heavy Goods Vehicles

Posted on 24, May 2023 by

(IN BRIEF) Vattenfall and Coca-Cola in Sweden have announced a collaboration to invest in electric heavy goods vehicles (HGVs). The initial phase of the project will involve installing three charging stations at Coca-Cola Europacific Partners’ plant in Jordbro, near Stockholm. … Read the full press release →

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

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Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

Posted on 23, May 2023 by

(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment

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Cutting-Edge Gas-Fired Power Plant by ORLEN Group to Bolster Energy Security in Poland

Posted on 19, May 2023 by

(IN BRIEF) ORLEN Group is constructing a cutting-edge 560 MW gas-fired power plant in Grudziądz, Poland. This advanced facility aims to provide electricity to around one million households while effectively integrating renewable energy sources. With a highly flexible Combined Cycle … Read the full press release →

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

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Terna Invests €12 Million in Syracuse Power Line for Enhanced Reliability and Environmental Benefits

Posted on 18, May 2023 by

(IN BRIEF) Terna, the national transmission grid operator in Italy, has launched the authorization process for a new power line in the province of Syracuse. This initiative aims to improve the reliability and security of the electricity transmission service. The … Read the full press release →

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

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German Exclusive Economic Zone: Public Participation Begins for Ostwind 3 Project

Posted on 15, May 2023 by

(IN BRIEF) The public participation phase has begun for the sea route and offshore transformer substation of the Ostwind 3 project in the German Exclusive Economic Zone (EEZ). The Federal Maritime and Hydrographic Agency (BSH) is accepting comments from public … Read the full press release →

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

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TotalEnergies’ Antwerp Battery Farm Project to Enhance Energy Security and Renewables Integration

Posted on 15, May 2023 by

(IN BRIEF) TotalEnergies has launched a battery farm project at its Antwerp refinery in Belgium, featuring a 25 MW power rating and a 75 MWh capacity. The battery installation, supplied by Saft, a subsidiary of TotalEnergies, will be the company’s … Read the full press release →

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

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TotalEnergies Expands Offshore Portfolio in Suriname through Strategic PSC Agreements

Posted on 15, May 2023 by

(IN BRIEF) TotalEnergies and its partners have signed Production Sharing Contracts (PSC) with Staatsolie Maatschappij Suriname for offshore Blocks 6 and 8 in Suriname. TotalEnergies will operate the blocks with a 40% interest, while QatarEnergy holds 20% and Paradise Oil … Read the full press release →

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

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RWE Advances Growing Green Ambitions: Expands Renewable Energy Holdings and Achieves Strong Q1 Performance

Posted on 11, May 2023 by

(IN BRIEF) RWE, the European energy company, is rapidly implementing its Growing Green strategy with substantial investments in the first quarter of 2023. The company added 4.9 GW to its green portfolio, spending €8.0 billion on acquisitions, including the Con … Read the full press release →

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

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EBRD-Funded Report Calls for Action to Boost Offshore Renewable Energy Generation in Croatia

Posted on 10, May 2023 by

(IN BRIEF) A new report funded by the European Bank for Reconstruction and Development (EBRD) has been launched in Zagreb, Croatia, outlining the potential for offshore renewable energy generation in the Adriatic Sea. The report identifies over 29,000 km² of … Read the full press release →

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

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Messer to Use BASF’s OASE® Blue Technology for CO2 Recovery Plant in Austria

Posted on 10, May 2023 by

(IN BRIEF) Industrial gases specialist, Messer, plans to launch a CO2 recovery plant in Austria in 2024, using BASF’s OASE® blue technology to recover CO2 from an industrial company’s flue gas. The recovered CO2 will be refined to food grade … Read the full press release →

Posted in Austria, Business, Chemicals, Environment, Germany, Industrial, Technology

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Enel’s New Digital Platform Illustrates its Strategic Approach to Sustainable Progress

Posted on 8, May 2023 by

(IN BRIEF) Enel, the Italian multinational energy company, has launched a new digital platform named “Beyond Reporting 2022” to promote sustainable development, a green energy system, and decarbonization of its power generation. The digital platform is an integrated reporting system … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Internet & Online, Italy

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EBRD provides funding for Turkish firm’s innovative poultry waste power plant

Posted on 8, May 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a loan of €25 million to Mav Elektrik, a Turkish energy company, to replace loans that funded the construction of the Arikcayiri biomass power plant. The plant is … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Environment, Financial, Infrastructure & Utilities, Investment, Society, Turkey

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ERG to acquire 149 MWp solar power plant in Spain from IBV Solar Parks

Posted on 6, May 2023 by

(IN BRIEF) ERG, via its subsidiary ERG Spain HoldCo SLU, has signed an agreement to acquire a 100% stake in Garnacha Solar SL from IBV Solar Parks, BV, a company of the German group ib vogt GmbH. The solar power … Read the full press release →

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

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EnBW’s Q1 2023 adjusted EBITDA expected to be €2.8 billion, driven by sustainable generation infrastructure

Posted on 5, May 2023 by

(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release →

Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities, Management, News

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EnBW opens one of Germany’s largest fast-charging stations with solar canopy

Posted on 5, May 2023 by

(IN BRIEF) EnBW, a German energy company, has opened a new fast-charging station with a solar canopy near the A7 autobahn. With 32 high-power charging (HPC) points, it is one of the largest fast-charging stations in Germany, and EnBW’s second-largest. … Read the full press release →

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

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RWE Commences Construction of Onshore Substation for Denmark’s Largest Offshore Wind Farm

Posted on 4, May 2023 by

(IN BRIEF) Renewable energy company RWE has begun construction on the onshore substation for the Thor offshore wind farm in Denmark. The wind farm is set to become Denmark’s largest to date, producing over 1,000 MW of green electricity and … Read the full press release →

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

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BMW and E.ON partner to create ‘Connected Home Charging’

Posted on 3, May 2023 by

(IN BRIEF) BMW and E.ON have partnered on a pan-European scheme for intelligent charging at home. The strategic collaboration aims to create “Connected Home Charging,” a charging ecosystem to connect customers’ electric BMW or Mini vehicles to the energy system … Read the full press release →

Posted in Automotive, Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology

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TotalEnergies, Sonangol Sign Angola Field Development Agreement With ANPG

Posted on 3, May 2023 by

(IN BRIEF) ANPG, TotalEnergies, and Sonangol Pesquisa e Produção signed a heads of agreement related to the development of the Cameia and Golfinho fields in the Kwanza basin. The project, located around 150 km southwest of Luanda, will comprise an … Read the full press release →

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

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RWE’s Limondale battery energy storage system secures Long-Term Energy Service Agreement in New South Wales

Posted on 3, May 2023 by

(IN BRIEF) RWE Renewables Europe & Australia has won a bid for a Long-Term Energy Service Agreement to develop a long-duration storage project in New South Wales. RWE’s Limondale battery energy storage system, which will have a planned installed capacity … Read the full press release →

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

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Italy Joins Donor Efforts with €10 Million Grants to Boost EBRD Operations in Ukraine

Posted on 2, May 2023 by

(IN BRIEF) Italy and the European Bank for Reconstruction and Development (EBRD) have teamed up to support Ukraine and its people during the ongoing conflict. Italy has pledged grants worth up to €10 million to support the EBRD’s operations in … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Financial, Infrastructure & Utilities, Investment, Italy, Ukraine

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Peter Hauge Madsen Receives Poul La Cour Award for Dedication to Wind Energy Research

Posted on 29, April 2023 by

(IN BRIEF) Peter Hauge Madsen, former Head of the Department of Wind and Energy Systems at the Danish Technical University (DTU), has won this year’s Poul La Cour Award for his leadership and dedication in advancing the European wind energy … Read the full press release →

Posted in Awards, Belgium, Energy, Gas & Oil, Industrial, Management, News, Science

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AVANGRID’s Pachwáywit Fields Solar Farm Brings Clean Energy to Oregon

Posted on 28, April 2023 by

(IN BRIEF) AVANGRID, a sustainable energy company, has achieved commercial operation at the 162 MWac Pachwáywit Fields solar farm in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver renewable energy to large customers and municipalities … Read the full press release →

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

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Vattenfall’s Focus on Fossil-Free Power Generation Pays Off

Posted on 28, April 2023 by

(IN BRIEF) Swedish energy company Vattenfall has reported stable financial development for the first quarter of 2023. The company’s focus on investing in fossil-free power generation and upgrading the electricity grid has paid off, as falling electricity prices and a … Read the full press release →

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

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Extreme E offsets carbon emissions from Season 2 through purchase of verified carbon standard environmental certificates

Posted on 26, April 2023 by

(IN BRIEF) Extreme E, the electric off-road racing series, has released its second Sustainability Report in collaboration with EY, revealing its environmental footprint for Season 2. The report shows that the racing series maintained its carbon-neutral status while racing electric … Read the full press release →

Posted in Automotive, Environment, Management, News, United Kingdom

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Scania secures first-ever electric truck fleet deal in Latin America with Grupo Bimbo

Posted on 26, April 2023 by

(IN BRIEF) Grupo Bimbo, the world’s largest baking company, has ordered seven electric trucks from Scania México, marking the first-ever Scania electric truck fleet in Latin America. The 2024-model 25P B4x2 rigid electric trucks will be driven on urban routes … Read the full press release →

Posted in Automotive, Business, Industrial, Management, News, Sweden, Technology, Transportation & Logistics

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SWE and 50Hertz Sign Contract to Reduce CO2 Emissions from Heat Supply

Posted on 26, April 2023 by

(IN BRIEF) Stadtwerke Erfurt (SWE) and Transmission System Operator 50Hertz have signed a contract to construct a 20 MW Power-to-Heat Technology (PtH) plant at the Erfurt-Ost gas and steam turbine power plant site. The PtH plant will use electricity from … Read the full press release →

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

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Krka recognized for sustainable energy management at Dnevi energetikov conference

Posted on 25, April 2023 by

(IN BRIEF) Krka, a Slovenian pharmaceutical company, has been awarded the title of the most energy-efficient company at the 25th conference of energy experts in Slovenia. The awards were given to Krka for its integrated, efficient, and sustainable management of … Read the full press release →

Posted in Awards, Energy, Gas & Oil, Environment, Industrial, Management, News, Pharma & Biotech, Slovenia

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Swedfund supports Lagos State Government’s plan to reduce climate footprint through alternative fuels in public transport

Posted on 24, April 2023 by

(IN BRIEF) Swedfund’s Project Accelerator has signed a grant agreement with the Lagos Metropolitan Area Transport Authority (LAMATA) to carry out a study on introducing alternative fuels to Lagos’ public transport system. The study aims to reduce CO2 emissions and … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Government, Industrial, Investment, Sweden, Technology, Transportation & Logistics

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