Search Results for: electricity

BP acquires 55% stake in Deep Wind Offshore’s offshore wind portfolio in South Korea

(IN BRIEF) BP has formed a joint venture with Deep Wind Offshore to develop offshore wind opportunities in South Korea. As part of the agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which … Read the full press release

Vattenfall to build 980 MW Nordlicht I offshore wind farm without government subsidies

(IN BRIEF) Swedish energy company Vattenfall has announced the development of Nordlicht I, a state-of-the-art offshore wind farm with a capacity of 980 MW, located in the North Sea. The wind farm, formerly known as N-7.2, is expected to come … Read the full press release

UniCredit supports 3Sun with 560m euro funding for Catania solar panel factory expansion

(IN BRIEF) Italian bank UniCredit has signed a €560m project financing agreement with renewable energy company 3Sun, part of Enel Green Power, to fund the expansion of its solar panel factory in Catania, Sicily. The loan is divided between a … Read the full press release

Pirelli & C. SpA maintains global leadership position in climate change fight for fifth straight year with “A” rating from CDP

(IN BRIEF) Pirelli & C. SpA has once again earned a spot on the Climate A List for 2022, published by the international non-profit organization, CDP. The company was recognized for its commitment to tackling climate change, earning the highest … Read the full press release

First of Five Large Scale Biogas Plants in Sweden Receives Final Construction Permits

(IN BRIEF) Gasum, a Swedish energy company, has received final construction permits for its latest biogas plant project in Götene. The plant will produce 120 GWh of liquefied biogas per year from early 2025, utilizing mainly manure as feedstock from … Read the full press release

EIB and EIF support regional development and sustainable innovation in Czech Republic with €1.85B investment in 2022

(IN BRIEF) The European Investment Bank Group, consisting of the European Investment Bank and the European Investment Fund, invested €1.85 billion in the Czech Republic in 2022 to support regional development, improve sustainable development and innovation in small and medium … Read the full press release

EU Finances Major Housing Initiative for IDPs in Western Ukraine with Sweco at the Helm

(IN BRIEF) Sweco has been selected to lead procurement and support construction of housing in six cities in western Ukraine to help meet the needs of internally displaced people. The project, funded by the EU, aims to provide housing, heating, … Read the full press release

Flat Glass Industry Set to Decarbonize with Saint-Gobain and AGC Collaboration

(IN BRIEF) Leading sustainable flat glass manufacturers AGC and Saint-Gobain have announced a collaboration to design a pilot flat glass line aimed at significantly reducing direct CO2 emissions. The project involves refurbishing AGC’s patterned glass production line in Barevka, Czech … Read the full press release

Joint Venture to Develop Hydrogen Stations for Heavy-Duty Vehicles on Major European Roads

(IN BRIEF) TotalEnergies and Air Liquide are forming a joint venture to develop a network of hydrogen fueling stations for heavy-duty vehicles on major European roads. The two companies plan to deploy over 100 hydrogen stations across France, Benelux, and … Read the full press release

Second PPA signed with EnBW to drive Evonik’s renewable energy ambitions

Evonik to Source Over a Third of its European Power Requirements from Offshore Wind Energy (IN BRIEF) Evonik, a specialty chemicals company, has signed a second power purchase agreement (PPA) with EnBW for an additional 50 MW of offshore wind … Read the full press release

Steel Giant ArcelorMittal Leads $120 Million Fundraising Round for Boston Metal’s MOE Platform

(IN BRIEF) ArcelorMittal, the steel company, has invested $36 million in Boston Metal as part of a $120 million Series C fundraising round. The investment is the largest single initial investment to date by the company through its XCarb® Innovation … Read the full press release

TotalEnergies EP Canada strengthens position in Canadian oil sands with new acquisition

(IN BRIEF) TotalEnergies EP Canada Ltd, a subsidiary of TotalEnergies, has announced that it has acquired an additional 6.65% interest in the Fort Hills Energy Limited Partnership, and associated sales and logistics agreements, from Teck Resources Limited, for a consideration … Read the full press release

T-Systems Selected as Prime Contractor for the Copernicus Data Space Ecosystem

T-Systems Selected as Prime Contractor for the Copernicus Data Space Ecosystem

(IN BRIEF) The European Space Agency (ESA) has chosen T-Systems, a subsidiary of Deutsche Telekom, as the service provider for the Copernicus Data Space Ecosystem. This project aims to provide one of the world’s largest public data collections for earth … Read the full press release

Terna’s €70 million underground power line project receives green light

(PRESS RELEASE) ROME, 20-Jan-2023 — /EuropaWire/ — Terna S.p.A. (BIT: TRN), the first grid operator for electricity transmission in Europe, has received approval from the Italian Ministry of Environment and Energy Security for its “Roma Est – ENEA Frascati” project. The … Read the full press release

TotalEnergies ramps up gas production in Oman, inks LNG deal for European and Asian markets

(PRESS RELEASE) PARIS, 20-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, is rolling out its integrated gas strategy … Read the full press release

Outokumpu optimiert Ferrochrom-Produktion bei steigenden Stromkosten

(PRESSEMITTEILUNG) HELSINKI, 19-Jan-2023 — /EuropaWire/ — Outokumpu (HEL: OUT1V), der größte Produzent von Edelstahl in Europa und ein führender Produzent von Ferrochrom hat Pläne angekündigt, einen seiner drei Öfen früher als erwartet wieder in Betrieb zu nehmen. Der Hochofen war im … Read the full press release

Yara Clean Ammonia and JERA partner to decarbonize coal-fired power plants and develop blue ammonia production

(PRESS RELEASE) OSLO, 17-Jan-2023 — /EuropaWire/ — Yara International ASA, a global firm specializing in agricultural products and environmental protection agents and a leading global ammonia player, has announced that Yara Clean Ammonia (YCA) and Japanese company JERA Co. Inc., responsible … Read the full press release

Vulcan and Stellantis Partner to Decarbonize German Automotive Plant with Geothermal Energy

(PRESS RELEASE) AMSTERDAM, 17-Jan-2023 — /EuropaWire/ — Stellantis N.V. (STLA:EN), a leading multinational automaker and provider of innovative mobility solutions formed in 2021 by the merger of Fiat Chrysler and PSA Group, and Vulcan Energy Resources Limited (Vulcan; ASX: VUL, … Read the full press release

Schneider Electric calls for greater efforts to address energy crisis ahead of World Economic Forum

(PRESS RELEASE) RUEIL-MALMAISON, 16-Jan-2023 — /EuropaWire/ — Schneider Electric (EPA: SU), a global leader in energy management, digital transformation and automation active in more than 100 countries, has issued an urgent call for governments and companies around the world to … Read the full press release

Rheinmetall’s Stake Acquisition in Incooling B.V. Advances Digitalization Strategy of Sensors and Actuators Division

Rheinmetall’s Investment in Incooling B.V. Will Also Strengthen Expertise in Automation, Sensors, Alternative Mobility, and Artificial Intelligence (PRESS RELEASE) DÜSSELDORF, 16-Jan-2023 — /EuropaWire/ — Rheinmetall, a German integrated technology group active in the automotive and defence industries, has announced it … Read the full press release

TotalEnergies Approves Final Investment Decision for Lapa South-West Oil Development in Brazil

(PRESS RELEASE) PARIS, 16-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced its approval of the final … Read the full press release

Denmark Leads the Way in Decarbonization with HØST PtX Esbjerg Project

The Project Aims to Decarbonize Hard-to-Abate Industries with Green Ammonia (PRESS RELEASE) ESBJERG, Denmark, 13-Jan-2023 — /EuropaWire/ — A new Power-to-X (PtX) project called HØST PtX Esbjerg is set to revolutionize the decarbonization of hard-to-abate industries in Denmark. The project, … Read the full press release

TotalEnergies delivers Neptune floating storage and regasification unit to Deutsche ReGas, increasing regasification capacity for German demand

(PRESS RELEASE) PARIS, 13-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced the start-up of the Deutsche … Read the full press release

France’s largest anaerobic digestion unit BioBéarn to convert organic waste into biomethane and fertilizer, reducing CO2 emissions by 32,000 tons per year

(PRESS RELEASE) PARIS, 12-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced it has recently commissioned BioBéarn, … Read the full press release

Cementa to finance new water treatment plant in Slite, Gotland with help from AFRY’s expertise in drinking water production and construction

(PRESS RELEASE) SOLNA, 12-Jan-2023 — /EuropaWire/ — AFRY (STO: AF-B), Swedish-Finnish engineering, consulting and design company active in energy, industry, infrastructure and IT, has announced that it is evaluating a new mini water plant on Gotland. The building material company … Read the full press release

Germany, Sweden, and Finland Lead the Way in EU Wind Energy Growth in 2022

Despite Challenges, 15 GW of New Wind Farms Installed, One Third More Than 2021 Onshore Wind Leads the Way in EU’s Renewable Energy Push (PRESS RELEASE) BRUSSELS, 11-Jan-2023 — /EuropaWire/ — WindEurope, a Brussels based association active on promoting the … Read the full press release

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

Baltic Pipe Project Passes DNV Certification, Bringing New Gas Supply Options to Denmark and Poland

(PRESS RELEASE) BÆRUM, 5-Jan-2023 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the issuance of a Certificates of Conformity (CoC) for the Baltic Pipe project to Energinet, the Danish national transmission system operator for electricity … Read the full press release

Retoflow Cloud Software Streamlines Connection Requests and Cross-Sector Energy Network Planning

(PRESS RELEASE) MUNICH, 2-Jan-2023 — /EuropaWire/ — Fraunhofer-Gesellschaft, Europe’s largest application-oriented research organization, has announced that the energy market is shifting towards renewable energy sources and there is a rising number of requests to connect solar plants, heat pumps, and … Read the full press release

Infineon Technologies and Rainforest Connection Join Forces to Protect Vulnerable Rainforests with Modern Sensor Technology

(PRESS RELEASE) MUNICH, 29-Dec-2022 — /EuropaWire/ — Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), a German semiconductor manufacturer, is extending its collaboration with Rainforest Connection, a NGO focused on preventing rainforest deforestation. The partners are using modern sensor technology … Read the full press release

SUEZ and Waga Energy launch new Renewable Natural Gas (RNG) production unit in southwestern France, the fifth project of the two companies

(PRESS RELEASE) PARIS, 20-Dec-2022 — /EuropaWire/ — SUEZ Group, a French multinational company with over 160 years of expertise in water and waste management, has announced the launch of a new Renewable Natural Gas (RNG) production unit at the Madaillan … Read the full press release

bp to support the global expansion and the R&D of 5B Holdings Pty Ltd, known for its technology for rapid deployment of solar power at scale

5B’s rapidly deployable solar technology enables fast, easy, low-cost solar installation 5B has more than 60MW of solar technology deployed globally, including projects in the US, Latin America, Europe, and Asia. The investment will allow 5B to expand further globally … Read the full press release

MAN Truck & Bus expands its Lions City 12 E electric buses fleet in Copenhagen, Denmark

(PRESS RELEASE) MUNICH, 14-Dec-2022 — /EuropaWire/ — MAN Truck & Bus, one of Europe’s leading industrial players in transport-related engineering, has announced that the company expands its fleet of electric buses of the type MAN Lions City 12 E in … Read the full press release

New app by Vodafone Foundation launched with the aim to help the society deal with LGBTQ+ hate crime in the United Kingdom

(PRESS RELEASE) BERKSHIRE, 13-Dec-2022 — /EuropaWire/ — Vodafone (LON: VOD), a British multinational leader in technology communications, has announced that Vodafone Foundation, its charitable arm, has unveiled a new app called Zoteria which aims at helping LGBTQ+ community and the … Read the full press release

His Excellency Walid Fayad, Minister of Energy and Water of Lebanon, visits the headquarters of TotalEnergies in Courbevoie, west of Paris

(PRESS RELEASE) PARIS, 12-Dec-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced that the Company’s Chairman and … Read the full press release

DNV provided due diligence and market assessment to the Asian Development Bank (ADB) for their $135 million climate financing of VinFast’s electric vehicle (EV) expansion project in Vietnam

(PRESS RELEASE) BÆRUM, 8-Dec-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced that the company provided  due diligence and market assessment services to the Asian Development Bank (ADB) for their $135 million climate financing of … Read the full press release

Borealis confiará en la electricidad renovable de Eneco para sus operaciones de producción en Bélgica

El nuevo PPA de Borealis acerca a la empresa al objetivo de utilizar el 100 % de la electricidad obtenida de fuentes renovables en sus principales áreas de negocio para 2030 PPA de diez años entrega electricidad renovable para una … Read the full press release

TotalEnergies Foundation: 26 high social impact projects to benefit almost 55,000 young people in extremely vulnerable situations

(PRESS RELEASE) PARIS, 6-Dec-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced that its corporate foundation that … Read the full press release

Ørsted to leverage the strong fit between large-scale renewable energy and Power-to-X as part of a new large-scale project in Denmark

(PRESS RELEASE) FREDERICIA, 6-Dec-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants as well as the world’s most sustainable energy company, has announced a … Read the full press release

Landis+Gyr to supply 130,000 smart meters to Oulun Energia Sähköverkko as part of an extended cooperation

(PRESS RELEASE) JYVÄSKYLÄ, Finland, 5-Dec-2022 — /EuropaWire/ — Landis+Gyr (LAND.SW), Swiss multinational maker of meters and related software for electricity and gas utilities, has announced that it will deliver 130,000 smart meters to Oulun Energia Sähköverkko, a Finish company that … Read the full press release