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Search Results for: wind energy
Centrica Launches Energised Futures to Simplify and Affordable Energy for Consumers
(IN BRIEF) Centrica has introduced Energised Futures, a new start-up venture aimed at simplifying and reducing the cost of energy for consumers. The venture will combine research, innovation, and development expertise from various Centrica brands, including British Gas and Hive, … Read the full press release
Vattenfall Champions Gender Equality at French Ministry’s Energy and Ecology Event
(IN BRIEF) Vattenfall recently participated in a Paris event hosted by French Minister Christophe Béchu, focusing on improving women’s access to careers in energy and ecology transition. Through their partnership with Marie Claire’s “Act for Equality,” Vattenfall highlighted their commitment … Read the full press release
Ørsted and Nuveen Infrastructure Reach Milestone with First Turbine Installed at Borkum Riffgrund 3 Offshore Wind Farm
(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Borkum Riffgrund 3 Offshore Wind Farm, Felix Gschnell, Germany, Jordi Francesch, Nuveen Infrastructure, partnership, Peter Obling, sustainability, turbine, Ørsted
EY Highlights Battery Storage’s Role in Global Energy Transition, Identifies Top Investment Markets
(IN BRIEF) EY’s latest Renewable Energy Country Attractiveness Index (RECAI 63) underscores the critical role of battery energy storage systems (BESS) in addressing global energy challenges amid substantial clean energy investments. The index identifies the US, China, and the UK … Read the full press release
AFRY Launches Initiative to Advance Gravity Based Foundations for Offshore Wind in Northern Baltic Sea
(IN BRIEF) AFRY has launched a Joint Industry Project (JIP) focused on Gravity Based Foundations (GBFs) for offshore wind energy in the Northern Baltic Sea. Recognizing the region’s potential to generate over 100 GW of offshore wind power by 2050, … Read the full press release
Capgemini and Equigy Partner to Transform Europe’s Energy Grid with New Crowd Balancing Platform
(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 Capgemini, Crowd Balancing Platform, energy grid, Equigy, Europe, James Forrest, Martin van ‘t Verlaat, partnership, sustainability
Nordex Group Surpasses 5 GW Milestone in Nordic Region with Kalistanneva Wind Farm Installation
(IN BRIEF) The Nordex Group celebrates surpassing 5 GW of installed capacity in the Nordic region with the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland. With over 1,200 turbines across Denmark, Finland, Sweden, and Norway, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Denmark, Finland, Ibrahim Özarslan, Kalistanneva Wind Farm Installation, Nordex Group, Norway, partnership, sustainability, Sweden, Till Junge
Dispatch, Eneco Collaborate on Groundbreaking Battery Energy Storage System for Renewable Energy in Dordrecht, Netherlands
(IN BRIEF) Dutch battery developer Dispatch is embarking on a groundbreaking project to construct the Netherlands’ largest stand-alone Battery Energy Storage System (BESS) in Dordrecht. This 45MW/90MWh utility-scale BESS aims to store surplus energy from renewable sources for grid stabilization, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged ABN Amro, Battery Energy Storage System (BESS), Dispatch, Dordrecht, Eneco, EPICo², Macquarie Capital, Netherlands, partnership, renewable energy, sustainability
Utilitas Wind and Latvenergo AS Partner with Vestas for Major Baltic Wind Project
(IN BRIEF) Vestas secures a 124 MW wind energy project order in Telsiai, Lithuania, from Utilitas Wind and Latvenergo AS, marking a significant advancement in the Baltic region’s renewable energy capacity. The order includes 20 V162-6.2 MW wind turbines, with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News
Tagged Baltic Wind Project, Jens Pinderup, Latvenergo AS, Lithuania, Mārtiņš Čakste, partnership, Rene Tammist, sustainability, Telsiai, Utilitas Wind, Vestas
RWE and Smålandshamnar AB Join Forces to Boost Offshore Wind Logistics in Baltic Sea
(IN BRIEF) RWE, a prominent offshore wind leader, and Smålandshamnar AB, operator of the Port of Oskarshamn, have inked a Memorandum of Understanding (MoU) to collaborate on logistics operations for future offshore wind farms in the Baltic Sea. This partnership … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Baltic Sea, Matilda Machacek, Niclas Strömqvist, Offshore Wind Logistics, partnership, Rickard Olsen Pella, RWE, Smålandshamnar AB, sustainability, Sweden
Hydro Extrusion Sweden Launches Onsite Renewable Energy Production for Zero Emissions
(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 Hydro, Hydro Extrusion, Jacob Reeckmann, Marianne Wergeland Jenssen, Onsite Renewable Energy Production, partnership, sustainability, Sweden, zero emissions
DNV Leads Industry Collaboration to Enhance Wind Turbine Blade Certification Standards
(IN BRIEF) DNV, a leading energy expert and assurance provider, spearheaded a collaborative effort resulting in the revision of the DNV-ST-0376 rotor blade standard, aimed at meeting the evolving needs of wind turbine owners and manufacturers. In response to the … Read the full press release
RWE Ventures into Australian Battery Storage: Limondale BESS to Pave the Way for Renewable Energy Transition
(IN BRIEF) RWE, a leading player in global renewables, has announced its investment decision to construct Australia’s inaugural eight-hour lithium-ion Battery Energy Storage System (BESS) adjacent to its Limondale Solar Farm in New South Wales. With a capacity of over … Read the full press release
EIF Commits EUR 30m to 123 Transition Energétique 2 Fund for Renewable Energy SMEs
(IN BRIEF) The European Investment Fund (EIF), under the InvestEU program, pledges EUR 30 million as a cornerstone investor to the 123 Transition Energétique 2 fund, managed by 123 Investment Managers and advised by Lendosphere. This fund aims to address … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, France, Laure Verhaeghe, Lendosphere, Marjut Falkstedt, partnership, renewable energy, SMEs, sustainability, Transition Energétique 2 Fund, Xavier Anthonioz
DNV Clinches Technical Advisory of the Year Award at 2024 Wind Investment Awards
(IN BRIEF) DNV, a leading assurance and risk management provider, secures the prestigious Technical Advisory of the Year honor at the 2024 Wind Investment Awards. This recognition highlights DNV’s exceptional contributions to the wind industry, particularly in the UK, where … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Management, News, Norway, United Kingdom
Tagged 2024 Wind Investment Awards, Award, DNV, Hari Vamadevan
Vestas Pioneers Sustainable Aviation Fuel in Offshore Wind Construction Operations
(IN BRIEF) Vestas embarks on a groundbreaking initiative to pilot Sustainable Aviation Fuel (SAF) at the Baltic Eagle Wind Farm in the Baltic Sea during 2024. The project entails Vestas technicians and jack-up vessel crew utilizing helicopters partly fueled by … Read the full press release
Borealis Partners with Burgenland Energie for Green Energy Transition
(IN BRIEF) Borealis, a leading provider of sustainable polyolefins solutions, and Burgenland Energie, Austria’s top wind and solar power producer, have signed their first power purchase agreement (PPA) to drive renewable energy usage. Commencing in January 2026, Burgenland Energie will … Read the full press release
Energinet Partners with Siemens Energy to Accelerate Green Grid Expansion in Western Denmark
(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release
Siemens Energy and Energinet Forge EUR 1.4 Billion Pact to Revamp Denmark’s Energy Grid
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
Energiekontor Advances Expansion with New Wind and Solar Projects, Eyes Gigawatt Milestone
(IN BRIEF) In the first quarter of 2024, Energiekontor AG, a prominent German developer of wind and solar parks, significantly expanded its portfolio, commissioning two new wind parks with a combined capacity of 29 megawatts, including the Jacobsdorf wind park … Read the full press release
ZF Wind Power Expands Capacities in India and Partners with ABS Wind for Enhanced Service in the US
(IN BRIEF) ZF Wind Power is boosting its capacity in Coimbatore, India, from 9 to 12 GW to meet the surging global demand in the wind market, supporting the transition of over 10 million households to green energy annually. Additionally, … Read the full press release
Alfa Laval Joins Consortium to Inaugurate World’s First Molten Salt Thermal Energy Storage System
(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 Alasdair Maciver, Alfa Laval, Denmark, Molten Salt Storage (MOSS), partnership, sustainability, Søren Gade, Thermal Energy Storage System, Thomas Møller
Ørsted’s Offshore Wind Projects Drive Profit Growth in Q1 2024
(IN BRIEF) Ørsted’s interim report for the first quarter of 2024 reveals operating profit in line with expectations, with a notable 18% increase in offshore site earnings, attributed to factors such as higher wind speeds and successful project completions. The … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Financial, investment, Mads Nipper, offshore wind projects, Ørsted
VINCI’s OTW Joint-Venture Connects Offshore Wind Farms to UK’s National Grid
(IN BRIEF) Omexom UK & RoI and Taylor Woodrow, subsidiaries of VINCI Energies and VINCI Construction respectively, have formed a joint-venture named OTW in the UK. OTW has been selected as a delivery partner for the Great Grid Partnership program, … Read the full press release
Ocean Winds Secures Exclusive Development Rights for Australia’s First Offshore Wind Project
(IN BRIEF) The Australian Government has awarded Ocean Winds, a joint venture between ENGIE and EDP Renewables, exclusive development rights for the country’s inaugural offshore wind tender. This milestone grants Ocean Winds a feasibility license for a 150 km2 area … Read the full press release
Ørsted Secures Feasibility Licences for Offshore Wind Projects in Gippsland, Victoria
(IN BRIEF) The Australian Government has granted feasibility licences to Ørsted for its first offshore wind project in Australia, with intentions to grant a licence for a second project pending consultation. These licences provide Ørsted with exclusive site access to … Read the full press release
Iberdrola Deutschland and Salzgitter AG Forge Green Energy Partnership
(IN BRIEF) Iberdrola Deutschland and Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, have entered a 15-year power purchase agreement (PPA) to drive low-CO2 steel production and support industry decarbonization. Commencing in 2025, Iberdrola will supply over 900 GWh of … Read the full press release
Vattenfall Reports Strong Financial Performance and Renewable Energy Milestones in Q1 2024
(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Sweden
Tagged Andreas Regnell, Anna Borg, Financial, investment, Kerstin Ahlfont, renewable energy, Vattenfall
Drax Partners with ANDRITZ to Boost Renewable Energy Capacity at Cruachan Pumped Storage Plant
(IN BRIEF) Renewable energy company Drax has selected international technology group ANDRITZ as the main contractor for the upgrade of its Cruachan pumped storage power plant in Scotland. The project entails the installation of two new generating units, including pump … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andritz, Cruachan Pumped Storage Plant, Dominik Fust, Drax, partnership, Penny Small, Renewable Energy Capacity, sustainability, UK
Energiekontor Advances Oederquart Repowering Wind Park Project
(IN BRIEF) Energiekontor AG, a prominent German project developer and operator of wind and solar parks, has achieved the financial close stage of the Oederquart repowering wind park project in Lower Saxony’s district of Stade. The project, now poised for … Read the full press release
Taiwan Inaugurates Asia-Pacific’s Largest Offshore Wind Farms, Doubling Nation’s Capacity
(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Asia-Pacific, Christy Wang, Emmanuel Jaclot, Jeff Chang, Mads Nipper, offshore wind farms, partnership, Patrick Harnett, Per Mejnert Kristensen, President Tsai Ing-wen, Shen Jong-chin, sustainability, Taiwan, Wang Mei-hua, Ørsted
Volkswagen’s Elli and EnerKíte Introduce Game-Changing Energy-Autonomous EV Charging Solution
(IN BRIEF) At the Hannover Messe, Volkswagen Group’s subsidiary Elli, in collaboration with airborne wind turbine manufacturer EnerKíte and the Technical University of Braunschweig, unveils a pioneering research project with potential to revolutionize electric vehicle charging. The project harnesses high-altitude … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Bettina Stark-Watzinger, Elli, Energy-Autonomous EV Charging Solution, EnerKíte, Florian Breipohl, Hannover Messe, Mark Möller, partnership, sustainability, Technical University of Braunschweig, Volkswagen
EIB Grants €400 Million Loan for Green Energy Grid Expansion in Thuringia
(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
Vinci Invests €50 Million in NatPower SA, Expands Renewable Energy Portfolio
(IN BRIEF) VINCI, a leading infrastructure and construction company, has completed a €50 million investment in NatPower SA, a renewable energy platform operating in Italy, Great Britain, and the United States. This investment involves acquiring 10% of NatPower SA’s share … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged Fabrizio Zago, Great Britain, Italy, NatPower SA, partnership, renewable energy, sustainability, United States, VINCI
RWE Launches US$2 Billion Green Bond, Eyes Expansion in Renewable Energy Market
(IN BRIEF) RWE, a leading renewable energy company, has successfully issued its first green US dollar bond, totaling US$2 billion, with maturities of 10 and 30 years and yields ranging from 5.926% to 6.261%. The bond, oversubscribed 3.8 times, signifies … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged expansion, Financial, investment, Michael Müller, renewable energy, RWE, sustainability
Repsol’s Green Evolution: Partnering with Genia Bioenergy to Pioneer Biomethane Industry
(IN BRIEF) Repsol has embarked on a strategic alliance by acquiring a 40% shareholding in Genia Bioenergy, marking its entry into the burgeoning biomethane market. This partnership aims to leverage Genia Bioenergy’s expertise in biogas and biomethane value chain integration, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, Biomethane Industry, Gabriel Butler, Genia Bioenergy, Green Evolution, Juan Abascal, partnership, Repsol, sustainability
Webuild Group and Clough Unveil Australia’s Grand Renewable Energy Venture: Inside the Snowy Mountains Project
(IN BRIEF) Explore the depths of Australia’s ambitious renewable energy endeavor unfolding in the Snowy Mountains, where the Webuild Group and Clough, in collaboration with Snowy Hydro Limited, are spearheading the Future Generation project. This pumped-storage scheme, distinct from conventional … Read the full press release
Peel Ports and E.ON Forge Green Energy Partnership to Revolutionize Port Operations
(IN BRIEF) Peel Ports Group partners with E.ON to initiate ambitious solar and wind projects at the Port of Liverpool, aiming to achieve net-zero emissions by 2040. The collaboration kicks off with plans for the installation of the UK’s largest … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Chris Norbury, Claudio Veritiero, E.ON, partnership, Peel Ports, Port of Liverpool, sustainability
RWE Receives Major Milestone: Exclusive Licence for Offshore Wind Project in South Korea
(IN BRIEF) RWE, a global leader in renewable energy, has secured a significant achievement with the award of a 495-megawatt Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea for the development of the Seohae … Read the full press release
TotalEnergies Marks 100 Years of Energy Innovation and Leadership
(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Management
Tagged 100th anniversary, Compagnie Française des Pétroles, COP28, decarbonized power, Direct Energie, electricity, Elf-Aquitaine, ENERGY, energy transition, France’s energy supply, hydrocarbons, LNG, Maersk Oil, multi-energy company, natural gas, oil, Petrofina, renewables, Saft, TotalEnergies