Search Results for: energy efficiency

Stadtwerke Stuttgart’s New Headquarters Sets Benchmark for Smart, Sustainable Urban Energy Solutions

Posted on 19, July 2024 by

(IN BRIEF) Siemens Smart Infrastructure and Stadtwerke Stuttgart GmbH have partnered to promote sustainable urban energy in Stuttgart. The newly inaugurated Stadtwerke Stuttgart headquarters showcases advanced building and energy management systems using Siemens Xcelerator applications. These systems connect buildings and … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Infrastructure & Utilities, News, Switzerland, Technology

Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Ericsson Secures EUR 100 Million Loan from NIB to Advance Wireless Technology Efficiency

Posted on 12, July 2024 by

(IN BRIEF) Ericsson, a prominent Swedish telecommunications company, has secured a new EUR 100 million loan from the Nordic Investment Bank (NIB) to bolster its research and development efforts aimed at enhancing wireless technology efficiency. This loan, NIB’s second for … Read the full press release →

Posted in Banks, Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom

Tagged , , , , , ,

Edison and Webuild Collaborate on Major Pumped Hydroelectric Projects to Enhance Italy’s Energy Security and Economic Development

Posted on 11, July 2024 by

(IN BRIEF) Edison and Webuild have joined forces to develop pumped hydroelectric projects in Southern Italy, focusing on sites in Pescopagano and Villarosa. These projects aim to generate 500 MW of pumped energy by 2030, supporting Italy’s energy security and … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology

Tagged , , , , , , , , ,

Lightsource bp Harnesses AI to Revolutionize Renewable Energy Solutions

Posted on 29, June 2024 by

(IN BRIEF) AI is crucial in scaling up the renewable energy industry, with Lightsource bp leveraging AI to address challenges like grid stability and asset protection. AI supports accurate forecasting, risk mitigation from extreme weather, and optimized site design. Lightsource … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Technology, United Kingdom

Tagged , , ,

Holcim Expands Global AI Integration Across 100+ Plants to Enhance Operational Efficiency

Posted on 28, June 2024 by

(IN BRIEF) Holcim is accelerating its adoption of Artificial Intelligence (AI) across its global manufacturing network, with plans to implement AI at over 100 plants worldwide by 2028. Already operational at 45 sites to predict and prevent failures, Holcim aims … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Commodities, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology

Tagged , , , ,

Capgemini and Equigy Partner to Transform Europe’s Energy Grid with New Crowd Balancing Platform

Posted on 14, June 2024 by

(IN BRIEF) Capgemini has entered into a long-term agreement with Equigy, a collaborative platform of European Transmission Systems Operators (TSOs), to develop a Crowd Balancing Platform (CBP). This platform aims to optimize the management of electricity supply and demand across … Read the full press release →

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

Tagged , , , , , , , ,

bp and Worley Forge Strategic Alliance to Drive Efficiency and Value Creation in Global Site Projects

Posted on 10, June 2024 by

(IN BRIEF) bp and Worley have announced a new strategic alliance aimed at enhancing efficiency, continuous improvement, and value creation within bp’s global Site Projects organization. This collaboration, building upon a decade-long successful partnership between the two companies, seeks to … Read the full press release →

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

Tagged , , , , , , ,

Unlocking the Potential: DNV Highlights Industry Collaboration for UK Energy Digital Twins

Posted on 10, June 2024 by

(IN BRIEF) DNV’s latest research report underscores the critical role of collaboration and trust in harnessing digital twins to drive the UK’s energy transition. Titled Connected Digital Twin Insights: Rising to the Challenge across the UK Energy Sector and Beyond, … Read the full press release →

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

Tagged , , , , , , ,

Fortum Embarks on a New Chapter: Integrating Hydropower Maintenance Team for Enhanced Efficiency and Community Focus

Posted on 4, June 2024 by

(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release →

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

Tagged , , , , ,

Hydro Extrusion Sweden Launches Onsite Renewable Energy Production for Zero Emissions

Posted on 30, May 2024 by

(IN BRIEF) Hydro Extrusion in Sweden takes a significant step towards achieving zero emissions by initiating onsite production of renewable energy. The company, through its renewable energy subsidiary Hydro Rein, completes phase one of the project, installing rooftop and ground-mounted … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Sweden

Tagged , , , , , , , ,

Fortum to Enhance Loviisa Nuclear Power Plant’s Efficiency with Turbine Modernisation

Posted on 30, May 2024 by

(IN BRIEF) Fortum announces plans to modernise the low-pressure turbines at its Loviisa nuclear power plant, beginning in 2026 as part of lifetime extension investments aimed at ensuring reliable electricity production until 2050. With the Finnish Government granting a new … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged , , , , , ,

Schneider Electric Unveils Villaya Flex Microgrid Solution at ARE Energy Access Investment Forum 2024

Posted on 22, May 2024 by

(IN BRIEF) Schneider Electric, a leader in energy management and automation, debuted its latest innovation, the Villaya Flex microgrid solution, at the Alliance for Rural Electrification (ARE) Energy Access Investment Forum 2024 in Lagos, Nigeria. With over 756 million people … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology

Tagged , , , ,

EDF Pioneers Green Commercial Paper Issuance, Targets Renewable Energy Investments

Posted on 16, May 2024 by

(IN BRIEF) On May 14, 2024, EDF achieved a significant milestone by launching its inaugural green commercial paper issuance, valued at €50 million with a 6-month maturity, successfully subscribed by Ecofi. The funds from this issuance are earmarked to support … Read the full press release →

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

Tagged , , , ,

ABB Ventures into AI-powered Energy Management with Ndustrial Investment

Posted on 15, May 2024 by

(IN BRIEF) ABB has announced a minority investment in Ndustrial, a US-based clean technology startup renowned for its AI-powered energy management platform. This strategic move aims to empower customers with real-time energy optimization, cost reduction, and accelerated decarbonization. Ndustrial’s innovative … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology

Tagged , , , , , , , , , ,

JEDI Tops Green500 List: Leading the Charge in Energy-Efficient Supercomputing

Posted on 14, May 2024 by

(IN BRIEF) Forschungszentrum Jülich and EuroHPC Joint Undertaking, in collaboration with ParTec-Eviden, unveiled the first module of the exascale supercomputer JUPITER, named JEDI, at the International Supercomputing Conference. JEDI secured the top spot in the Green500 list for its exceptional … Read the full press release →

Posted in Artificial Intelligence (AI), Awards, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Technology

Tagged , , , , , , , , , , , , ,

SÜSS MicroTec Launches Innovative Hybrid Bonding Platform to Boost Semiconductor Production Efficiency

Posted on 13, May 2024 by

(IN BRIEF) SÜSS MicroTec SE introduces the XBC300 Gen2 D2W/W2W, a groundbreaking hybrid bonding platform designed for both 200 mm and 300 mm substrates, providing versatile wafer-to-wafer (W2W) and die-to-wafer (D2W) bonding capabilities. This platform is specifically tailored for semiconductor … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology

Tagged , , , , , ,

Alfa Laval Joins Consortium to Inaugurate World’s First Molten Salt Thermal Energy Storage System

Posted on 3, May 2024 by

(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release →

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

Tagged , , , , , , , ,

ANDRITZ Enhances Sustainability and Efficiency at Essity’s Paper Mill in Prudhoe

Posted on 30, April 2024 by

(IN BRIEF) International technology group ANDRITZ has completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at Essity’s paper mill in Prudhoe, marking the third such upgrade for the global hygiene and health company. The … Read the full press release →

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

Tagged , , , , , , , ,

SSAB and Nordec Forge Partnership for Fossil-Free Steel Supply Chain Efficiency

Posted on 29, April 2024 by

(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release →

Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology

Tagged , , , , , , , ,

Schneider Electric Unveils Next-Gen Battery Energy Storage System for Microgrids

Posted on 26, April 2024 by

(IN BRIEF) Schneider Electric introduces its latest Battery Energy Storage System (BESS), designed to enhance energy resilience and sustainability within microgrid solutions. The BESS serves as a cornerstone technology, capturing and storing energy from various sources for later use, ensuring … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged , , ,

FORVIA HELLA Launches Innovative RokLUME 280N SMART Work Lamp for Enhanced Vehicle Safety and Efficiency

Posted on 19, April 2024 by

(IN BRIEF) FORVIA HELLA introduces the RokLUME 280N SMART, a groundbreaking work lamp designed for vehicles in mining, construction, and forestry sectors. Controlled via a gateway using Powerline Communication (PLC), this versatile lighting system allows operators to customize lighting according … Read the full press release →

Posted in Automotive, Germany, Industrial, Technology

Tagged , , , , , ,

EBRD Bolsters Serbian Automotive Lighting with €15 Million Loan for Energy-Efficient Expansion

Posted on 18, April 2024 by

(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release →

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

Tagged , , , , , , , , , ,

Fortum Commits to Clean Energy Future with Malta Hydropower Plant Modernization

Posted on 17, April 2024 by

(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release →

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

Tagged , , , , , , ,

BII and FMO Join Forces to Propel BECIS’ Clean Energy Expansion in South and South-East Asia

Posted on 15, April 2024 by

(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release →

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

Tagged , , , , , , , , , , , , , , , ,

Henkel and Samsung Collaborate to Revolutionize Laundry with Energy-Efficient Wash Cycles

Posted on 10, April 2024 by

(IN BRIEF) Henkel and Samsung have joined forces to introduce a groundbreaking laundry solution tailored for the South Korean market. By combining Henkel’s Persil Deep Clean enzyme technology with Samsung’s advanced AI Bubble™ and AI Auto Dispenser technologies, they have … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology

Tagged , , , , , , , ,

GEA Showcases Innovative Solutions for Wastewater Treatment Efficiency at IFAT 2024

Posted on 9, April 2024 by

(IN BRIEF) At the IFAT 2024 trade fair, GEA is set to unveil its latest advancements in wastewater treatment technology, including decanters for sludge treatment and the groundbreaking digital real-time monitoring system, GEA Intellicant®. The decanter centrifuges, validated with GEA’s … Read the full press release →

Posted in Business, Environment, Financial, Food & Beverage, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology

Tagged , , , ,

Massy Wood Secures Three-Year Agreement to Enhance Operational Efficiency at Atlantic LNG Facility in Trinidad

Posted on 9, April 2024 by

(IN BRIEF) Wood’s joint venture company, Massy Wood, has inked a significant three-year deal with Atlantic LNG Company of Trinidad and Tobago (Atlantic) to provide project management and engineering expertise at Atlantic’s liquefaction facility in Point Fortin, Trinidad. As Trinidad’s … Read the full press release →

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

Tagged , , , , , ,

EQT Enters Exclusive Talks to Acquire Ocea Group, Advancing Environmental Solutions in Energy Sector

Posted on 5, April 2024 by

(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release →

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

Tagged , , , , , , , , , , ,

MYTILINEOS and Siemens Energy Forge Ahead with 560 MW CCGT Power Unit Construction in Poland

Posted on 4, April 2024 by

(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged , , , , , , ,

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 →

Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News

Tagged , , , , , , ,

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

Tagged , , , ,

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 →

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

Tagged , , , , , , , ,

ANDRITZ to Enhance Tissue Production Efficiency in Derbyshire Mill: Sustainable Solutions at Forefront

Posted on 20, March 2024 by

(IN BRIEF) International technology group ANDRITZ has secured a turn-key order from Northwood Tissue Ltd. to implement a state-of-the-art PrimeDry Hood and air system for a tissue machine rebuild in Chesterfield, Derbyshire, England. Scheduled for completion in the third quarter … Read the full press release →

Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom

Tagged , , , , , , ,

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 →

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

Tagged , , , , , ,

Bouygues Construction to Revamp Joliot-Curie School in France through €7M Energy Renovation Project

Posted on 12, March 2024 by

(IN BRIEF) Bouygues Construction’s subsidiary, Bouygues Bâtiment Ile-de-France, has secured a €7 million contract from Palaiseau, France, for the energy refurbishment of Joliot-Curie junior school. The project, employing the EnergieSprong approach, aims to significantly reduce energy consumption and carbon emissions. … Read the full press release →

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

Tagged , , , , , , , , , , , , , , , ,

Trio of Energy Giants Kickstart Mendubim Solar Project in Brazil

Posted on 9, March 2024 by

(IN BRIEF) Hydro Rein, Equinor, and Scatec have commenced operations at the Mendubim solar project in Brazil’s Rio Grande do Norte state, marking a significant step forward in the country’s renewable energy landscape. Developed through a partnership between the three … Read the full press release →

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

Tagged , , , , , , , , , , ,

Hydro Rein Partners with IOWN Energy for Large-Scale Wind Power Projects in Sweden and Norway

Posted on 6, March 2024 by

(IN BRIEF) Hydro Rein, Hydro’s renewable growth venture, has struck a deal with Swedish renewable energy developer IOWN Energy to acquire an 80 percent stake in a 2.4 GW portfolio of wind power projects in Sweden and Norway. The partnership … Read the full press release →

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

Tagged , , , , , , , ,

Innovation Fuels Telefónica’s 8.6% Energy Consumption Reduction

Posted on 5, March 2024 by

(IN BRIEF) Telefónica, a leading telecommunications company, has significantly improved its energy efficiency through technological innovations despite a surge in data traffic. Since 2015, Telefónica reduced its energy consumption by 8.6% while traffic multiplied by 8.6 times. The company’s Autonomous … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Spain, Technology, Telecom

Tagged , , , , , , , , , , , ,

LUKOIL Initiates Construction of Solar Power Plant in Kazakhstan, Aiming for Sustainable Energy Solutions

Posted on 3, March 2024 by

(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release →

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

Tagged , , , , , ,

EIB and Hypo Vorarlberg Partner to Finance Energy-Efficient Housing Projects

Posted on 28, February 2024 by

(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release →

Posted in Austria, Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News

Tagged , , , , , , , , ,