Search Results for: renewable energy

ORLEN Group Expands Renewable Energy Holdings with Greenvolt Acquisition, Aiming for 9 GW Capacity by 2030

(IN BRIEF) The ORLEN Group, a Polish energy company, is strengthening its renewable energy segment by acquiring two projects from Greenvolt. The projects, located in the Poznań Province, consist of a 22 MW photovoltaic farm and a 26 MW wind … Read the full press release

TotalEnergies Strengthens Renewable Energy Position with Full Acquisition of Total Eren and New Green Hydrogen Partnership

(IN BRIEF) TotalEnergies, a global multi-energy company, has fully acquired Total Eren after a successful strategic alliance of five years. The acquisition increases TotalEnergies’ stake from close to 30% to 100%, integrating Total Eren’s teams within TotalEnergies’ Renewables business unit. … Read the full press release

EIB Approves €575 Million Loan to Boost Repsol’s Renewable Energy Projects in Spain

(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s renewable energy projects in Spain, which will include wind and solar photovoltaic plants with a total capacity of 1.1 GW. The loan, signed in … Read the full press release

European Investment Bank and Banco Santander Partner to Boost Renewable Energy in Brazil

(IN BRIEF) The European Investment Bank (EIB) and Banco Santander (Brasil) have signed a €300 million loan agreement to promote the use of renewable energy in Brazil. The loan will support the installation of small-scale solar photovoltaic plants, primarily on … Read the full press release

UAE and Spain Collaborate on Boosting Renewable Energy Capacity

(IN BRIEF) Dr Sultan Al Jaber, Chairman of Masdar, and Ignacio Galán, Executive Chairman of Iberdrola, met in Madrid to discuss increasing renewable energy capacity and supporting global net-zero goals. The meeting took place ahead of the UAE hosting the … Read the full press release

Schneider Electric Launches Catalyze Partnership Program to Accelerate Renewable Energy Adoption in Semiconductor Supply Chain

(IN BRIEF) Schneider Electric has launched the Catalyze partnership program, aimed at accelerating access to renewable energy across the global semiconductor value chain. Intel and Applied Materials are the inaugural corporate sponsors of the program, which seeks to address the … Read the full press release

BASF Shanghai Coatings Sites and Resin Plant Transition to 100% Renewable Energy, Advancing Sustainability Goals

(IN BRIEF) BASF Shanghai Coatings sites and BASF Coatings’ resin plant in Shanghai have announced their transition to 100% renewable energy usage in 2023. This move aligns with BASF Coatings’ global sustainability targets and contributes to carbon reduction efforts. Through … Read the full press release

Rottneros Secures Long-Term Renewable Energy Partnership with EnBW to Drive Sustainability Goals

(IN BRIEF) Swedish pulp and paper company Rottneros has entered into a long-term Power Purchase Agreement (PPA) with EnBW Energie Baden-Württemberg AG, the third-largest energy group in Germany. Under the agreement, EnBW will supply Rottneros with over 30 GWh of … Read the full press release

Barclays Supports Moray West Offshore Wind Farm, Paving the Way for Scotland’s Renewable Energy Goals

(IN BRIEF) Barclays has provided a £95.5 million loan to Moray West, an offshore wind farm development in the Moray Firth, Scotland. The project aims to supply 50 percent of Scotland’s electricity, powering approximately 1.33 million homes and reducing CO2 … Read the full press release

Proximity Breeds Positivity: Residents Close to Wind Farms Embrace Renewable Energy, Survey Finds

Residents Living Near Wind Farms Supportive of Wind Power, Survey Finds

(IN BRIEF) A recent survey conducted in Northumberland, England, revealed that residents living in close proximity to wind farms hold a positive view of wind power. Contrary to popular belief, three-quarters of those surveyed expressed support for onshore wind farms … Read the full press release

TotalEnergies and Petronas’ Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

TotalEnergies and Petronas' Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release

Henkel Adhesive Technologies Achieves First Carbon Neutral Manufacturing Sites, Powered by 100% Renewable Energy

The aerospace manufacturing plant in Montornès, Spain, has been a lighthouse project for Adhesive Technologies.

(IN BRIEF) Henkel Adhesive Technologies, a leader in sustainability, has achieved a major milestone by making its manufacturing sites carbon neutral and sourcing 100% renewable energy. As part of its 2030+ Sustainability Ambition Framework, the company has invested in various … Read the full press release

Global Solar Leader, Lightsource bp, Launches New Madrid Headquarters to Drive Renewable Energy Transition

(IN BRIEF) Lightsource bp, a global leader in solar energy projects, has opened its new headquarters in Madrid, Spain. The company has experienced significant growth in just four years and has established itself as a leader in the Spanish renewable … Read the full press release

TotalEnergies Accelerates Renewable Energy Development in Kazakhstan with Mirny Wind Farm Agreement

(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) for the Mirny wind project in Kazakhstan, marking the country’s largest wind energy initiative. The project involves a 1 GW onshore wind farm and a 600 MWh battery energy storage … Read the full press release

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

(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

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

(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

Major Renewable Energy Push: Repsol Unveils 1,768 MW Wind and Solar Projects in Italy

(IN BRIEF) Repsol is set to develop renewable energy projects in Italy, totaling 1,768 MW. The portfolio will consist of 943 MW of wind projects and 825 MW of photovoltaic solar projects. Over 60% of the projects are in advanced … Read the full press release

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

(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

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

(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

Albania Launches Tender for 300MW Solar Power as Part of EBRD Renewable Energy Auction

(IN BRIEF) The Albanian government, as part of the European Bank for Reconstruction and Development’s (EBRD) Renewable Energy Auction program, is set to launch a tender for 300 MW of solar power, with the goal of adding at least 1 … Read the full press release

EBRD contributes to Uzbekistan’s renewable energy sector with $205m solar plant investment

(IN BRIEF) The EBRD is investing $205 million in the construction of three greenfield solar power plants in Uzbekistan. The financial package will be provided to Abu Dhabi Future Energy Company (Masdar), with expected co-financing from the Asian Development Bank, … Read the full press release

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

(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

Crédit Agricole Assurances Acquires 50% of Renewable Energy Portfolio from TotalEnergies

(IN BRIEF) Crédit Agricole Assurances is acquiring 50% of a renewable energy portfolio from TotalEnergies with a total capacity of 234 MW, consisting of 23 solar power plants and 6 wind power plants. 25 of the power plants are already … 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

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

German renewable energy company JUWI expands in Italy with the acquisition of a majority stake in GEMdev S.r.l.

JUWI has finalized the acquisition of 70 percent shares in GEMdev S.r.l., an Italian company focused on the development of greenfield solar PV projects in the North of Italy. (PRESS RELEASE) WÖRRSTADT, Germany, 5-Dec-2022 — /EuropaWire/ — JUWI GmbH, a … Read the full press release

The Solas Sustainable Energy Fund ICAV (SSEF) now has €220 million in committed capital  aimed at supporting energy efficiency and renewable energy projects across the European Union

SSEF, backed by its cornerstone investors including MEAG (the asset manager of Munich Re and ERGO) and the EIB, and supported by the EU LIFE Programme, is providing financing for much-needed energy efficiency and behind-the-meter renewable energy projects across the … Read the full press release

Rolls-Royce Power Systems and the German renewable energy expert SOWITEC partner over the production of green hydrogen with mtu electrolysers

Target: up to 500 MW electrolysis capacity for power-to-X projects Production of green hydrogen and e-fuels for shipping, aviation, mining, agriculture, data centers (PRESS RELEASE) LONDON, 4-Oct-2022 — /EuropaWire/ — Rolls-Royce (LSE:RR., ADR:RYCEY), the pre-eminent engineering company with focus on … Read the full press release

Hydro to switch to 100 percent locally produced power from renewable energy sources for its aluminium manufacturing plants in Sweden

(PRESS RELEASE) OSLO, 27-Sep-2022 — /EuropaWire/ — Norsk Hydro ASA (OTCMKTS: NHYDY), a Norwegian aluminium and renewable energy company committed to a sustainable future, has announced its intention to to switch to 100 percent locally produced power from renewable energy … Read the full press release

Hardware-in-the-loop simulator (HILS) upgrade will boost DNV’s GreenPowerMonitor capability to deploy robust control solutions for renewable energy plants

DNV is able to benchmark its real Power Plant Controller with its in-house generated models in PSSE, PSCAD, Digsilent Power Factory. Work is already underway with this simulator to obtain NTS 2.1 certificates in Germany, Spain and Poland. (PRESS RELEASE) … Read the full press release

Shell to triple its renewable capacity through the closing of the acquisition of Sprng Energy, an India-based renewable energy platform

(PRESS RELEASE) LONDON, 9-Aug-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced the closing of its acquisition of Sprng Energy, an India-based renewable energy platform. The transaction has been carried out via  … Read the full press release

Plenitude strengthens its footprint in the offshore wind space with the expansion of the renewable energy company Vårgrønn in partnership with HitecVision, a Norwegian private equity firm

(PRESS RELEASE) MILAN/STAVANGER, 30-Jun-2022 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced that its 100% controlled subsidiary Eni Plenitude S.p.A., Società Benefit (formerly Eni gas e … Read the full press release

bp to acquire 40.5 percent equity stake in Asian Renewable Energy Hub, one of the largest renewables and green hydrogen hubs in the world

bp to take a 40.5% stake and operatorship of the AREH project in the Pilbara, Western Australia AREH to support development of up to 26GW of combined solar and wind power generating capacity At full scale AREH could produce 1.6 … Read the full press release

bp erwirbt eine 40,5-prozentige Beteiligung am Asian Renewable Energy Hub, einem der größten Knotenpunkte für erneuerbare Energien und grünen Wasserstoff weltweit

bp erwirbt 40,5 % der Anteile und übernimmt die Betreiberschaft des AREH-Projekts in Pilbara, Westaustralien AREH unterstützt die Entwicklung von bis zu 26 GW kombinierter Solar- und Windkrafterzeugungskapazität Im vollen Maßstab könnte AREH 1,6 Millionen Tonnen grünen Wasserstoff oder 9 … Read the full press release

Deutsche Telekom and Ericsson initiative makes progress on the use of renewable energy for more sustainable 5G mobile site operations

New milestone in Deutsche Telekom and Ericsson renewable energy collaboration Integrated use of solar and wind energy supply enables more sustainable 5G mobile site operations Intelligent energy management features optimize supply and demand on mobile sites (PRESS RELEASE) BONN, 23-May-2022 — /EuropaWire/ … Read the full press release

EBRD to support Egypt’s renewable energy sector by investing in the green bond issuance of Norwegian solar power producer Scatec ASA

EBRD investment of up to US$ 100 million in a certified green bond issuance in favour of Scatec ASA US$ 30 million Credit Enhancement Facility First private green project bond issuance in Egypt and the SEMED region (PRESS RELEASE) LONDON, … Read the full press release

TotalEnergies expands further its presence in the U.S. renewable energy market with a new acquisition

(PRESS RELEASE) PARIS, France/ AUSTIN, TX, United States, 27-Apr-2022 — /EuropaWire/ — TotalEnergies (EPA:TTE), one of the seven “supermajor” oil companies, has announced a new acquisition in the United States. The company has added more than 4 GW of utility-scale … Read the full press release

DNV and 18 industry partners launch a new joint initiative to enhance the standardization for hydrogen production systems that use renewable energy-powered electrolysis to produce green hydrogen

The JIP will be kicked off on 16 February and is open for more partners to join until mid-April 2022 (PRESS RELEASE) HAMBURG, 10-Feb-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the launch of … Read the full press release

Ørsted signs two new CPPAs with Amazon, the world’s largest corporate purchaser of renewable energy

(PRESS RELEASE) FREDERICIA, 1-Dec-2021 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced it signed two new corporate power purchase agreements (CPPAs) for … Read the full press release

Stagecoach and renewable energy company SSE to trial a new community electric vehicle charging hub

Trial scheme would maximise efficiency of EV charging infrastructure by making it available to fleet users and local community during the day when buses are out of depots (PRESS RELEASE) PERTH, Scotland, UK, 8-Nov-2021 — /EuropaWire/ — Stagecoach (LON: SGC), … Read the full press release