Search Results for: electricity

MAXIMA Group to Invest €100m in Emission Reduction Measures after Joining SBTi

Posted on 22, March 2023 by

(IN BRIEF) MAXIMA Group, a retail company that operates in the Baltic States, Poland, and Bulgaria, has joined the Science Based Targets initiative (SBTi) to reduce its impact on the environment by 2030. The company will reduce its direct and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Lithuania, Management, Retail

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Bosch’s Charging Services Set to Expand by 50% Annually by End of Decade

Posted on 22, March 2023 by

(IN BRIEF) German technology and engineering company Bosch is expanding its electric vehicle (EV) charging network to the Asia-Pacific region, making the charging services available to Maserati’s new electric vehicle, the GranTurismo Folgore. Bosch currently offers its EV charging services … Read the full press release →

Posted in Automotive, Business, Electronics & Machinery, Energy, Gas & Oil, Germany, Management, News, Technology

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Bekaert Joins Forces with Non-Profit Solar Impulse Foundation to Combat Climate Change

Posted on 22, March 2023 by

(IN BRIEF) Bekaert has announced its partnership with the Solar Impulse Foundation, a non-profit organization founded by Bertrand Piccard, which aims to promote sustainable and profitable solutions. Through this partnership, Bekaert will have access to valuable resources and expertise in … Read the full press release →

Posted in Belgium, Business, Environment, Industrial, Management, Metals and Minerals, News, Non Profit

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Shell’s latest scenarios explore energy and climate outcomes after Ukraine invasion

Posted on 22, March 2023 by

(IN BRIEF) Shell has released two new scenarios, Archipelagos and Sky 2050, which explore possible energy and climate outcomes following Russia’s invasion of Ukraine. Archipelagos shows how national interest remains a key priority, with renewables seen as a way to … Read the full press release →

Posted in Business, Commodities, Energy, Gas & Oil, Environment, Government, Management, News, United Kingdom

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Nestlé Sets New Standard in Corporate Transparency with Nutritional Value Benchmarking

Posted on 22, March 2023 by

(IN BRIEF) Nestlé publishes its 2022 Annual Report and reports on the nutritional value of its global portfolio. The reports also highlight Nestlé’s progress on its Net Zero roadmap and its focus on creating shared value through sustainable practices. The … Read the full press release →

Posted in Business, Commodities, Environment, Food & Beverage, Healthcare, Management, News, Switzerland

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Volvo Trucks and Boliden partner to introduce electric trucks in underground mines

Posted on 21, March 2023 by

(IN BRIEF) Volvo Trucks and mining company Boliden are partnering to introduce electric truck transport in underground environments. The partnership will involve Boliden using two heavy, electric Volvo trucks in their Kankberg mine, outside Skellefteå in northern Sweden. The electric … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, Sweden, Technology, Transportation & Logistics

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New Study Offers Fresh Perspective on Daylight-Saving Time and Building Energy Consumption

Posted on 21, March 2023 by

(IN BRIEF) Researchers at Empa have conducted a study analyzing the impact of daylight-saving time on heating and cooling energy requirements for office buildings. The study suggests that the time change could lead to energy savings in offices due to … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Science, Switzerland, Technology

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EnBW and DLR’s research project on drone operations in offshore wind farms funded by German Federal Ministry

Posted on 21, March 2023 by

(IN BRIEF) EnBW is presenting its research project on the use of transport drones in the maintenance of offshore wind farms and calling on drone manufacturers and service providers to enter the “Offshore Drone Challenge” at Amsterdam Drone Week 2023. … Read the full press release →

Posted in Business, Energy, Gas & Oil, Germany, Government, Investment, Management, News, Technology

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EnBW opens solar park with battery storage system in Rhineland-Palatinate, Germany

Posted on 21, March 2023 by

(IN BRIEF) EnBW has opened an open-field solar park with a connected battery storage system in Brandscheid, Rhineland-Palatinate, Germany to help achieve the country’s aim of renewable energy sources supplying 80% of the country’s electricity needs by 2030. The solar … Read the full press release →

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

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Swedfund to invest $5m in Somali SMEs through NHAO fund

Posted on 18, March 2023 by

(IN BRIEF) Swedish development finance institution Swedfund has committed $5m to the Nordic Horn of Africa Opportunities Fund (NHAO), which invests in small and medium-sized Somali firms. The fund aims to provide financing for companies with around or less than … Read the full press release →

Posted in Business, Economy, Financial, Investment, Management, News, Small Business, Sweden

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Volkswagen’s battery company, PowerCo, begins building new Spanish cell factory

Posted on 18, March 2023 by

(IN BRIEF) PowerCo, a subsidiary of Volkswagen Group, has started building its second cell factory, called Gigafactory Valencia, in the Spanish region of Valencia. The cell factory is expected to start production in 2026 and will have an initial production … Read the full press release →

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

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FIM Enel MotoE™ World Championship 2023 officially launched with new era of electric competition

Posted on 18, March 2023 by

(IN BRIEF) The FIM Enel MotoE™ World Championship officially launched for 2023 with new status, rounds, and a new manufacturer. The event saw the likes of Enel CEO Francesco Starace, Ducati Motor CEO Claudio Domenicali, and Dorna Sports CEO Carmelo … Read the full press release →

Posted in Automotive, Energy, Gas & Oil, Italy, Management, News

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DNV Estimates Green Hydrogen Potential of 300 TWh/a in Offshore Production

Posted on 17, March 2023 by

(IN BRIEF) A study commissioned by infrastructure system operators GASCADE and Fluxys and conducted by renewable energy consultant DNV has found that green hydrogen has the potential to generate up to 300 TWh/a, making offshore hydrogen production critical to meeting … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Norway

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Amey partners with Scottish local authorities to tackle carbon reduction in educational facilities

Posted on 17, March 2023 by

(IN BRIEF) Amey, a provider of facilities management (FM) services to educational facilities in Scotland and the UK, is working closely with its clients and suppliers to develop sustainable ways of creating low-cost energy solutions for schools. The Scottish Government’s … Read the full press release →

Posted in Business, Education, Environment, Infrastructure & Utilities, Management, News, United Kingdom

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SSAB and Vestre collaborate to create the world’s first piece of furniture made with fossil-free steel

Posted on 16, March 2023 by

(IN BRIEF) SSAB and Vestre have entered into a collaboration agreement to produce a piece of furniture using fossil-free steel. Vestre aims to transition to more sustainable materials and production methods, while SSAB is committed to leading the global steel … Read the full press release →

Posted in Business, Environment, Industrial, Metals and Minerals, Sweden

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Win@Sea collaboration to investigate offshore wind and sustainable food production

Posted on 16, March 2023 by

(IN BRIEF) Swedish energy company Vattenfall has launched a new collaboration called ‘Win@Sea’ to investigate the production of sustainable food in offshore wind farms, while also improving the marine environment and biodiversity in the same area. Vattenfall has made Scandinavia’s … Read the full press release →

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

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Ørsted Strengthens Presence in Ireland with Acquisition of Garrenleen Solar Project

Posted on 16, March 2023 by

(IN BRIEF) Ørsted, a leading sustainable energy company, has acquired the 160 MW Garrenleen solar project from renewable energy developer Terra Solar. This is Ørsted’s second solar project in Ireland and reinforces its commitment to reaching 17.5 GW of onshore … Read the full press release →

Posted in Denmark, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Ireland

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French Value Chain for Plastic Recycling to be Developed by TotalEnergies and Paprec

Posted on 15, March 2023 by

(IN BRIEF) TotalEnergies and Paprec have signed a long-term agreement to establish a French value chain for advanced recycling of plastic film waste. Under the terms of the agreement, Citeo will provide a stream of flexible plastic waste sorted from … Read the full press release →

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

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Viessmann Group Advances Mission to Create Sustainable Living Spaces for Future Generations

Posted on 14, March 2023 by

(IN BRIEF) Viessmann Group, a leading provider of integrated air-conditioning solutions, reported record sales of €4 billion in 2022, despite the COVID-19 pandemic and other challenges. The company invested a record €1 billion in expanding green climate solutions, including heat … Read the full press release →

Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Germany, Industrial, Marketing, Technology

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Kazakhstan’s largest municipality to benefit from EBRD Green Cities programme

Posted on 11, March 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a KZT 4.1 billion (€8.5 million) loan to the Regional Center of Public-Private Partnership of the East Kazakhstan region, which will allow the city of Ust-Kamenogorsk to upgrade … Read the full press release →

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

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DNV Certified to Support Poland’s Rapid Growth in Offshore Wind

Posted on 11, March 2023 by

(IN BRIEF) DNV has been authorized by the Polish Ministry of Infrastructure to issue certificates for offshore wind farms and assembly of power output equipment in Poland. This certification will be carried out in line with Polish law requirements reflected … Read the full press release →

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

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Redes Energéticas Nacionais opens applications for AGIR Award to promote sustainable development projects

Posted on 10, March 2023 by

(IN BRIEF) Portuguese electricity transmission grid operator Redes Energéticas Nacionais (REN) has launched the tenth edition of the AGIR Award. The annual competition invites non-profit projects that help promote sustainable development in line with the United Nations’ 17 Sustainable Development … Read the full press release →

Posted in Awards, Environment, Management, News, Portugal

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EDF and Italian Companies Explore Nuclear Power Cooperation in Europe

Posted on 6, March 2023 by

(IN BRIEF) EDF, Ansaldo Energia, Ansaldo Nucleare, and Edison have signed a Letter of Intent to collaborate on the development of new nuclear power in Europe, specifically in Small Modular Reactors (SMR). Ansaldo Nucleare will support EDF in developing new … Read the full press release →

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

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TotalEnergies Acquires Polska Grupa Biogazowa and 200 MW Solar Project Pipeline in Poland

Posted on 6, March 2023 by

(IN BRIEF) TotalEnergies, an energy company, is expanding its renewable activities in Poland by acquiring Polska Grupa Biogazowa (PGB), the country’s main biogas producer, and a 200-megawatt (MW) development pipeline of solar projects. With 17 facilities in production and one … Read the full press release →

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

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Equinor Boosts UK Operations with $850 Million Suncor Energy Acquisition

Posted on 3, March 2023 by

(IN BRIEF) Equinor UK Limited has agreed to acquire Suncor Energy UK Limited for $850 million, which includes a non-operated interest in the Buzzard oil field (29.89%) and an additional operated interest in the Rosebank development (40%). The acquisition will … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Norway, United Kingdom

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EIB Provides €55m Green Loan for Iberdrola’s 100 MW Buniel Wind Farm in Spain

Posted on 3, March 2023 by

(IN BRIEF) The European Investment Bank (EIB) has granted a €55 million green loan to a joint venture between Iberdrola and Caja Rural de Soria to build the Buniel wind farm in Burgos, Spain. The wind farm will have an … Read the full press release →

Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Investment, Spain

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Norwegian government grants Hydro NOK 141m for HalZero test facility

Posted on 2, March 2023 by

(IN BRIEF) Hydro, a Norwegian aluminium company, is investing in a test facility to develop its HalZero production technology for zero-carbon primary aluminium production. The Norwegian government has granted NOK 141 million for the construction of the facility, which is … Read the full press release →

Posted in Business, Environment, Industrial, Metals and Minerals, Norway, Technology

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BayWa r.e. to Triple Project Business Volume with Solar Trade Sale Proceeds

Posted on 1, March 2023 by

(IN BRIEF) BayWa r.e. AG, a subsidiary of the BayWa Group, plans to sell its international solar trading business Solar Trade as part of a strategic realignment, with the focus now on international project business and expansion as an independent … Read the full press release →

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

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EBRD Provides $199.96m to Improve Irrigation Efficiency in Uzbekistan’s Fergana Valley

Posted on 1, March 2023 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to $199.96 million to Uzbekistan to upgrade the irrigation system in the heavily populated Fergana Valley. The funds will be used to modernize … Read the full press release →

Posted in Agriculture, Banks, Financial, Infrastructure & Utilities, Investment

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BP and Partners Aim to Lower Operational Emissions with Gravity-Based Structure for Greater Tortue Ahmeyim LNG Project

Posted on 27, February 2023 by

(IN BRIEF) BP and its partners have announced the development concept for the second phase of the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, which includes the evaluation of a gravity-based structure (GBS) for the GTA Phase 2 … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Investment, News, United Kingdom

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E.ON’s IElectrix project demonstrates benefits of battery-based energy storage systems for renewable energy integration

Posted on 23, February 2023 by

(IN BRIEF) E.ON’s IElectrix project has demonstrated that mobile battery-based energy storage systems (BESS) can help to overcome technical hurdles in connecting renewable energy plants to power grids, as well as more efficiently use green energy produced in wind or … Read the full press release →

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

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TotalEnergies Develops Solar and Wind Projects in South Africa for Sasol and Air Liquide’s Decarbonization Efforts

Posted on 23, February 2023 by

(IN BRIEF) TotalEnergies has signed Corporate Power Purchase Agreements with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW of renewable electricity over a 20-year period. TotalEnergies will develop a 120 MW solar … Read the full press release →

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

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TenneT selects Dura Vermeer, BAM Infra Nederland, and Visser & Smit Bouw for 2GW land-based station construction in the Netherlands

Posted on 22, February 2023 by

(IN BRIEF) TenneT, the Dutch transmission system operator, has chosen Dura Vermeer, BAM Infra Nederland, and Visser & Smit Bouw to undertake the civil engineering works for land-based stations for 2GW offshore wind projects in the Netherlands. The new 2GW … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Netherlands, News

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Centrica and Vodafone Sign Major PPA for Five Solar Farms in England

Posted on 21, February 2023 by

(IN BRIEF) Centrica and Vodafone have signed a Power Purchase Agreement with MYTILINEOS S.A for the output from five solar farms under construction in England, which will generate a total of 216GWh of electricity and displace more than 53,000 tonnes … Read the full press release →

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

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APM Terminals se duplica en el cambio a electricidad renovable para reducir las emisiones

Posted on 20, February 2023 by

(NOTICIA EN BREVE) APM Terminals se compromete a lograr cero neto en todos los alcances para 2040, con un enfoque en el mayor uso de energía renovable. La compañía ha tomado varias medidas para reducir su huella de carbono, incluido … Read the full press release →

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

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Husqvarna Launches Complete Range of Products Supporting Power for All Battery System

Posted on 16, February 2023 by

(IN BRIEF) Husqvarna, a leading global brand in forest and garden products, has launched a new range of products, called the Husqvarna Aspire range, that support the Power for All battery system. The range includes a robotic mower, walk behind … Read the full press release →

Posted in Business, Electronics & Machinery, Industrial, Sweden, Technology

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Isländisches Energieunternehmen RARIK ersetzt Freileitungen durch Erdkabel mit einem Darlehen der Nordic Investment Bank in Höhe von 20 Millionen Euro

Posted on 15, February 2023 by

(IN KÜRZE) Die Nordic Investment Bank hat mit dem isländischen Energieunternehmen RARIK einen Darlehensvertrag über 20 Millionen Euro unterzeichnet, um Freileitungen durch Erdkabel zu ersetzen. Dies wird die Sicherheit der Stromversorgung sowohl in ländlichen als auch in städtischen Gebieten Islands … Read the full press release →

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

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Icelandic energy company RARIK to replace overhead lines with underground cables using €20m Nordic Investment Bank loan

Posted on 15, February 2023 by

(IN BRIEF) The Nordic Investment Bank has signed a €20 million loan agreement with Icelandic energy company RARIK to replace overhead electricity lines with underground cables. This will improve security of electricity supply in both rural and urban areas of … Read the full press release →

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

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Lightsource bp and partners complete two new solar power stations in Leicestershire

Posted on 15, February 2023 by

(IN BRIEF) Lightsource bp, Schroders Greencoat, and H&M Group have completed two new solar power stations in Leicestershire, which will provide a power output of approximately 50MWp, enough to power over 15,000 UK homes. Lightsource bp has developed a tailored … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, United Kingdom

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