Search Results for: offshore wind farms

FlagshipONE: Ørsted’s Carbon-Neutral Shipping Initiative Secures EU-Catalyst Partnership Support at COP28

(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release

RWE Invests €10.3 Billion in Green Initiatives, Grows Portfolio by 5.7 GW

(IN BRIEF) RWE, a leading energy company, has reported significant investments of €10.3 billion in its “Growing Green” program during the first nine months of fiscal 2023, marking a substantial increase from the previous year’s €3.1 billion investment. The acquisition … Read the full press release

Ørsted Announces Departure of CFO and COO, Initiates Search for New Leadership

(IN BRIEF) Ørsted, a global leader in renewable energy, has announced the departure of two members of its executive management team: Daniel Lerup, Chief Financial Officer (CFO), and Richard Hunter, Chief Operating Officer (COO), by mutual agreement. This decision is … Read the full press release

Allianz Unveils Net-Zero Transition Plan with 2030 Targets for Emission Reductions and Renewable Investments

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Allianz has released its first comprehensive net-zero transition plan, reaffirming its commitment to achieving net-zero emissions by 2050 in its investment and insurance portfolios and by 2030 in its operations. The plan includes 2030 intermediate targets for reducing … Read the full press release

DNV Assists Actis in Inaugural Acquisition of Japan-Focused Renewables Fund with Due Diligence Expertise

(IN BRIEF) DNV, a global independent energy expert and assurance provider, has provided due diligence services to Actis GP LLP, a sustainable infrastructure investor, for their inaugural acquisition of a new Japan-focused renewables infrastructure fund. Actis acquired HERGO Japan Energy’s … Read the full press release

Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … 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

Airbus Helicopters seals largest order for H160 in China

(IN BRIEF) Airbus Helicopters has signed a contract with Chinese helicopter lessor and operator GDAT during French President Macron’s visit to China for 50 H160 helicopters. This contract represents the largest single order for the H160 on the civil and … Read the full press release

Ørsted Strengthens Presence in Ireland with Acquisition of Garrenleen Solar Project

(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

Capgemini and Eneco Look to Cross-Industry Collaboration to Achieve Sustainability Goals

(IN BRIEF) Capgemini and Eneco have announced a joint commitment to reduce Eneco’s CO2 emissions by one megaton through joint initiatives across scopes 1, 2, and 3 by 2030. This is part of a broader 10-year agreement between the two … Read the full press release

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

(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

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

Equinor embarks on its strategy to develop a portfolio of flexible storage assets across the UK

(PRESS RELEASE) STAVANGER, 3-Oct-2022 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced that the company started off with its strategy to develop a portfolio … Read the full press release

Ørsted commits to become the world’s first company to have all of its suppliers using 100 percent renewable electricity by 2025

(PRESS RELEASE) FREDERICIA, 10-Aug-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced its commitment of becoming the world’s first company to have … Read the full press release

Equinor and Fluxys partner over building a major infrastructure for transporting captured CO2 in the North Sea

(PRESS RELEASE) STAVANGER, 29-Jun-2022 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced it is partnering with Fluxys, a Belgium energy infrastructure group, over a … Read the full press release

Ørsted to set carbon capture goals at its wood chip-fired combined heat and power plants

(PRESS RELEASE) FREDERICIA, 13-Jun-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced a new 2025 goal of capturing and storing 400,000 tonnes … Read the full press release

Ørsted and ESVAGT partner over the world’s first service operation vessel (SOV) that will run on green fuels

(PRESS RELEASE) FREDERICIA, Denmark, 8-Apr-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and ESVAGT, a market leader in service and support for offshore … Read the full press release

Ingrid Reumert to lead Group Stakeholder Relations at Ørsted as Senior Vice President

(PRESS RELEASE) FREDERICIA, 1-Feb-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced the appointment of Ingrid Reumert as its new Senior Vice … Read the full press release

Ørsted to buy 45 percent stake in what could become the world’s first large-scale sustainable e-methanol project

(PRESS RELEASE) FREDERICIA, 12-Jan-2022 — /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 will acquire 45 percent stake in FlagshipONE e-methanol project … 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

European Investment Bank commits EUR 500 million to Ørsted’s increased capex programme on renewable energy projects

(PRESS RELEASE) FREDERICIA, 29-Sep-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 secured a EUR 500 million loan from the European … Read the full press release

Ørsted an official partner of Copenhagen 2021 – WorldPride and EuroGames

(PRESS RELEASE) FREDERICIA, 11-Aug-2021 — /EuropaWire/ — Ørsted (CPH: ORSTED), global leader in offshore wind and ranked world’s most sustainable snergy company, has announced it will light up in rainbow colours (12 – 22 August, 2021) the three wind turbines … Read the full press release

bp’s Lingen refinery in Emsland will deploy electrolyser technology at large scale to showcase real-life use of renewable hydrogen

(PRESS RELEASE) FREDERICIA, 10-Nov-2020 — /EuropaWire/ — Ørsted (CPH: ORSTED), Denmark’s largest energy company, and bp (LON: BP), a British multinational oil and gas company, have announced they will partner over the development of a potential large-scale renewable hydrogen project … Read the full press release

Over 500 startups participated in Restarting Together global challenge offering solutions that will drive recovery post Covid-19

More than 500 startups from 59 countries signed up for the challenge aimed at accelerating economic and social recovery following Covid-19 The nine most promising solutions were evaluated by a jury of innovation experts during a Digital Pitch Day held … Read the full press release

EDF becomes a leader in battery storage in the UK with the acquisition of British start up Pivot Power

(PRESS RELEASE) PARIS, 4-Nov-2019 — /EuropaWire/ — EDF Group acquires battery storage and infrastructure for electric vehicle charging specialist, Pivot Power. EDF, already the largest low carbon electricity producer in the UK, becomes a leader in battery storage with this … Read the full press release

Eni acquires what would be the largest photovoltaic farm in the Northern Territory

(PRESS RELEASE) MILAN, 5-Feb-2019 — /EuropaWire/ — Eni, through its subsidiary in Australia Eni Australia Limited, has just completed the acquisition a solar project in the Northern Territory of Australia. The project is construction-ready and includes the installation of 33.7 MWp (Mega Watt peak) of ground-mounted PV … Read the full press release

Iberdrola expects to increase its renewable generation in the United States to around 10,000 megawatts (MW) by the end of 2022

Bilbao, Spain, 28-Sep-2018 — /EuropaWire/ — Ignacio Galán, Chairman of Iberdrola, has made some statements to journalist Scott DiSavino from Reuters regarding his attendance at the UN Global Compact Leaders Summit 2018 being held in New York. Galán said the company expects to spend … Read the full press release

New and World’s First LNG-Fuelled Construction Vessel To Be Powered by Wärtsilä

HELSINKI, 25-Apr-2017 — /EuropaWire/ — The technology group Wärtsilä is to supply the engines and other propulsion machinery for a new offshore construction vessel being built at the Cosco shipyard in China. The ship owner is Belgian operator Dredging International (DEME). … Read the full press release

Iberdrola inaugurates the new San Pedro II hydroelectric complex in Galicia

The Chairman of Iberdrola, Ignacio Galán, and the President of the Regional Government (Xunta) of Galicia, inaugurated the new San Pedro II hydroelectric complex this morning The commissioning of this facility marks the conclusion of the extension that has been … Read the full press release

KfW Group achieved 31% increase of its business volume in the first half of 2015

Total commitment volume of EUR 41.5 billion (+31%) Domestic promotional business volume rises to EUR 25.7 billion (+21 %) Strong demand for SME financing after hesitant start of the year (+10%) Demand in international business increases more than 50 % … Read the full press release

BOURBON’s main shareholder JACCAR Holdings proposed bid for BOURBON shares at 24 euros per share

PARIS, 18-3-2014 — /EuropaWire/ — BOURBON has been informed of a proposed bid for its shares at a price of 24 euros per share, announced March 16, 2014 by its main shareholder, JACCAR Holdings. This offer is conditional upon obtaining 50.1% … Read the full press release

BOURBON announced it achieved US$ 770 million of vessel sales in 2013

BOURBON sells 12 additional vessels to ICBC Financial Leasing for US$ 378 million and concludes a new sale and bareboat charter agreement with Standard Chartered Bank for US$ 150 million Paris, France, 10-1-2014 — /EuropaWire/ — BOURBON announces the transfer of ownership of 12 vessels … Read the full press release

Actividades de Construcción y Servicios, S.A. (ACS) reports €548 million net profit in the first nine months of 2013

Madrid, Spain, 19-11-2013 — /EuropaWire/ — Sales stand at 28,045 Euro million, 85.1% of them from abroad. Consolidated Results Sales in the period accounted for 28,045 Euro million, representing a slight decrease of a 1.5% due to the impact of the exchange … Read the full press release

Grupo ACS net debt has been reduced by 4,382 euro million, a 47%, down to 1.8 times EBITDA

Madrid, 20-3-2013 — /europawire.eu/ — Sales accounted for 38,396 euro million, a 34.9% more than in the same period of last year. Recurrent net profit accounted for 705 euro million and, after the adjustment from the partial sale and the impairment of … Read the full press release