(IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA’s Obelisk Solar Power project in Egypt. The loan will finance the construction of a 1 GWac solar plant and 200 MWh battery storage system … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities
Tagged and Energy, Battery Energy Storage System (BESS), battery storage, clean energy future, CO2 emissions reduction, COP27, EBRD, EGYPT, energy transition, environmental sustainability, FOOD, Green Energy, Nagaa Hammadi, Nexus on Water, renewable energy, renewable energy hub, Scatec ASA, solar power, US$ 30 million loan
(IN BRIEF) RWE has initiated construction of a new photovoltaic plant near Niederzier in North Rhine-Westphalia at the Hambach opencast mine. Covering 12 hectares, the plant will feature over 22,000 solar modules and generate up to 13.9 MW peak (12 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged 13.9 MW peak, 47.2 MW, 500 households, Andreas Heller, battery storage, Dr Lars Kulik, Frank Rombey, Hambach Lake, Hambach opencast mine, Katja Wünschel, NEULAND HAMBACH, Niederzier, North Rhine-Westphalia, partnership, Photovoltaic Plant, renewable energy, Rhenish mining area, RWE, solar modules, sustainability, sustainable economy, wind farms, £4
(IN BRIEF) The LEGO Group officially opened its new LEGO Manufacturing Vietnam facility in Binh Duong province, marking its sixth global site and second plant in Asia. The ceremony, which included notable figures such as Vietnam’s Deputy Prime Minister Mai … Read the full press release
Posted in Business, Denmark, Education, Entertainment, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged battery storage, Binh Duong province, Carsten Rasmussen, Community Engagement, Deputy Prime Minister Mai Văn Chính, Dong Nai province, energy centre, environmentally sustainable, former President Nguyen Minh Triet, Future Factory Workplace, LEED Gold, LEED Platinum, LEGO Group, LEGO Manufacturing Vietnam, Niels B. Christiansen, paper-based pre-pack bags, partnership, precision manufacturing, regional distribution centre, renewable energy, sustainability, sustainable growth, training programs, Vietnam, VSIP
(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged battery storage, Bernhard Kluttig, clean energy, clean tech, economic growth, EIB, energy security, energy transition, European Investment Bank, European Union, Federal Ministry for Economic Affairs and Climate Action, France, Germany, Hannover Messe, Jörg Frischholz, Nicola Beer, NORD/LB, onshore wind, partnership, Photovoltaic Systems, renewable energy projects, small and medium-sized enterprises, sustainability
(IN BRIEF) A consortium led by the European Investment Bank in partnership with SEB and Luminor has provided €62 million to Sunly for a new 244 MW solar park in Risti, Estonia. Expected to be the Baltics’ largest photovoltaic facility … Read the full press release
Posted in Banks, Energy, Gas & Oil, Estonia, European Union, Financial, Infrastructure & Utilities, Internet & Online, Investment
Tagged Baltic region, battery storage, climate neutrality, EIB, Energy Independence, EU, financing, hybrid parks, Indrek Julge, investment, Lääne County, Luminor, Metsagrupp, Peep Jalakas, Photovoltaic, Priit Lepasepp, renewable energy, Risti, Russia decoupling, SEB, solar park, Sunly, Tallinn, Thomas Östros
(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged battery storage, Business Growth, civil protection, climate adaptation, Decarbonisation Fund, DEPA Commercial, disaster management, disaster preparedness, economic development, EIB Group, EIF, energy supply, EU, financing, firefighting aircraft, Greece, grid upgrades, HEDNO, investment multiplier, Kostis Hatzidakis, partnership, photovoltaics, PPC Renewables, renewable energy, renewable energy projects, small and medium-sized enterprises, SME Support, solar parks, strategic financing, sustainability, sustainable development, Yannis Tsakiris, €2.2 billion
(IN BRIEF) RWE has launched one of Germany’s largest battery storage systems at its Hamm and Neurath sites, providing 220 MW of capacity to help stabilise the electricity grid. The system contributes to energy market balancing and is integrated into … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged balancing energy markets, battery storage, electricity grid, energy infrastructure, energy storage, energy transition, grid stability, Growing Green strategy, Hamm, Neurath, partnership, renewable energy, RWE, storage capacity, sustainability, sustainable energy
(IN BRIEF) Energiekontor AG, a leading German developer of wind and solar parks, has secured building permits for four significant wind park projects in Scotland and Germany in January 2025. The approved projects in Scotland include three wind parks with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged battery storage, Bremen, building permits, Energiekontor AG, energy sector, financial year, General Standard, Germany, Lower Saxony, megawatts, partnership, Peter Szabo, project planning, renewable business expansion, renewable energy, Scotland, solar energy, sustainability, UK project pipeline, wind park projects, wind turbines
(IN BRIEF) ABB India is celebrating 75 years of operations, having played a significant role in India’s industrial and technological development since its inception in 1949. The company has contributed to electrification, automation, and digitalization across sectors such as utilities, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 75 years, ABB India, AI-enabled gas distribution, ASEA, automation, battery storage, Brown Boveri, carbon footprint, CEO, data centers, digital mining solutions, digitalization, eco-efficient switchgear, electrification, energy-efficient motors, energy-efficient technologies, Faridabad, GREEN HYDROGEN, greenhouse gas emissions, high-speed rail technology, Indian Railways, industrial development, infrastructure, Managing Director, Morten Wierod, Nashik, partnership, R&D center, Rainwater harvesting, renewable energy, Sanjeev Sharma, solar power, sustainabiity, sustainable solutions, technological innovation, traction technology, transportation, utilities, Vadodara campus, waste recycling, water-positive, workforce expansion, zero waste to landfill
(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
(IN BRIEF) TotalEnergies has secured over 1.5 GW of renewable Power Purchase Agreements (PPAs) with 600+ industrial and commercial clients globally. With 1.1 GW already operational, generating 1.5 TWh annually, an additional 400 MW will be commissioned by year-end. These … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Management
Tagged battery storage, biogas, CO₂ capture, CO₂ storage, CO₂ use, electric mobility, electricity, energy transition, floating photovoltaic plant, GRP steel factory, Gunung Raja Paksi steel factory, Holcim Belgium, hydrogen, JFK Airport, low-carbon fuels, Power Purchase Agreements, PPAs, PV plant, renewable, renewable electricity, Rooftop Solar System, Sharqiyah Desalination Plant, solar carport project, solar electricity, solar facility, sustainable aviation fuel, TotalEnergies, Veolia, Vincent Stoquart
(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Norway, Technology, United Kingdom
Tagged Alex Grant, battery storage, British Energy Security Strategy, Danske Commodities, electricity, Electricity North West, ENWL, Equinor, lithium-ion battery, Noriker Power, Olav Kolbeinstveit, power solutions, SEPD, Southern Electric Power Distribution, The Blandford Road battery storage, The Welkin Mill battery storage
(IN BRIEF) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release
(IN BRIEF) RWE, a leading energy company, has announced its updated Green Financing Framework to support sustainable investment. With a focus on building a sustainable energy system, RWE plans to invest over 50 billion euros by 2030 as part of … Read the full press release
(IN BRIEF) SEB Greentech Venture Capital has acquired a stake in Esforin, a German company specializing in algorithm-based energy trading solutions. Esforin’s innovative approach optimizes supply and demand in the energy market by allowing customers to inject energy back into … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Sweden, Technology
Tagged algorithm, battery storage, Christian Hövelhaus, electricity customers, energy market, Energy Services for Industry, Esforin, grid, intraday market, Markus Hökfelt, renewable energy, SEB Greentech Venture Capital, trading
(IN BRIEF) Swedfund, a Swedish development finance institution, invested USD 30 million in the Mirova Gigaton Fund on March 1. The Mirova Gigaton Fund, launched by Mirova, a Natixis affiliate, aims to provide debt financing to clean energy projects in … Read the full press release
Posted in Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged agri-solar, battery storage, carbon credit, clean energy financing, climate-smart food systems, debt financing, e-mobility, energy efficiency, ESG, Maria Håkansson, mini-grids, Mirova, Mirova Gigaton Fund, Mirova SunFunder, Natixis Investment Managers, off-grid solutions, SMEs, solar energy solutions, solar home systems, Swedfund, telecom tower solarization
(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
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, News, Norway, United Kingdom
Tagged battery storage, Blandford Road, commercial battery storage, electricity, Equinor, Grupotec Renewable Limited, Ingrid Fossgard-Moser, Marc Thomas, Noriker Power, Olav Kolbeinstveit, renewable power, renewables
(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
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged aluminium, battery storage, Hydro, Hydro Extrusion Sweden, Hydro Extrusions, hydrogen, hydropower, Jonas Bjuhr, low-carbon aluminium, recycling, renewable energy, solar panels, sustainable aluminium
(PRESS RELEASE) SAN DONATO MILANESE, 24-Feb-2022 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced that Plenitude (formerly Eni gas e luce) through its US based controlled … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged acquisition, battery storage, BayWa r.e., bifacial PV modules, Corazon I Solar plant, Eni gas e luce, Eni New Energy US Inc, Falck Renewables, Guajillo storage project, Jonathan Koch, Novis Renewables LLC, Plenitude, renewable energy, Solar, solar plant, Stefano Goberti, Storage Projects, Texas, Wind
(PRESS RELEASE) THE HAGUE, 1-Feb-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced the completion of the acquisition of Powershop Australia, an online energy retailer serving more than 185,000 customers, by its … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Internet & Online, Management, Netherlands, News
Tagged acquisition, Australia, battery storage, e-mobility, energy solutions, online energy retailer, Powershop, Powershop Australia, renewables, Shell, Shell Energy, Shell Energy Operations, Shell plc
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