Tag Archives: biomethane

NIB Provides EUR 33.5 Million Loan to Tønder Biogas for One of Europe’s Largest Biogas Facilities

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 16-year loan agreement worth DKK 250 million (EUR 33.5 million) with Tønder Biogas A/S to finance one of Europe’s largest biogas facilities in Tønder, Denmark. The plant, set to begin … Read the full press release

Hapag-Lloyd Secures USD 4 Billion Green Financing for 24 New Low-Emission Container Ships

(IN BRIEF) Hapag-Lloyd has secured USD 4 billion in financing for the construction of 24 container ships, with a focus on low-emission technology and green financing principles. This investment aligns with the company’s long-term commitment to decarbonizing its fleet and … Read the full press release

EIF Backs Vesper Infrastructure’s Latest Fund Close, Boosting Sustainable Infrastructure Investments Across Europe

(IN BRIEF) The European Investment Fund (EIF) has committed €75 million to Vesper Next Generation Infrastructure Fund I, bringing total assets to over €570 million. The Fund focuses on promoting clean energy, decarbonised mobility, and sustainable living solutions across Europe. … Read the full press release

ENGIE Restructures Business Units to Accelerate Growth and Strengthen Energy Transition Strategy

(IN BRIEF) ENGIE has been driving its energy transition strategy since 2021, with significant changes in its asset portfolio, organizational structure, and culture in line with its Net Zero Carbon commitment by 2045. The company is restructuring its Global Business … Read the full press release

VTTI Unveils VIDA Bioenergy to Drive Growth in Europe’s Biomethane Market

(IN BRIEF) VTTI has launched VIDA bioenergy, a fully owned subsidiary focused on producing renewable energy by converting biomass into biomethane, biogenic CO2, and organic fertilizer. Led by CEO Lars Boetje, VIDA bioenergy will operate independently from VTTI, enabling flexibility … Read the full press release

M&S Expands Fleet with 85 Zero and Low-Emission Vehicles as Part of Net Zero 2040 Commitment

(IN BRIEF) Marks & Spencer (M&S) has announced the addition of 85 zero and low-emission vehicles to its logistics fleet as part of its Plan A strategy to achieve Net Zero by 2040. This includes five battery-electric heavy goods vehicles … Read the full press release

EIB and InvestEU Back Nortegas with €80 Million to Boost Biomethane and Green Energy in Spain

(IN BRIEF) The European Investment Bank (EIB), with support from the InvestEU programme, has provided €80 million in financing to Nortegas Group for the development of biomethane plants and a digital operations centre in Spain. These projects aim to produce … Read the full press release

Sustainable Support: Repsol Powers Spanish Antarctic Campaign with 100% Renewable Energy

(IN BRIEF) Repsol, a leading energy company, is supplying 100% renewable fuels to power the Gabriel de Castilla Base during the Spanish Army’s 37th Antarctic Campaign. This initiative supports sustainability efforts in one of the most environmentally sensitive regions on … Read the full press release

Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release

Portugal’s Floene Enhances Cybersecurity in Energy Distribution Through ENCS Membership

(IN BRIEF) The European Network for Cyber Security (ENCS) welcomes Floene as its newest member, focused on enhancing cyber defenses in Europe’s energy sector. Floene manages Portugal’s largest gas distribution network and boasts modern infrastructure for renewable gas distribution, including … Read the full press release

EnBW Offers Financing Solution for bmp greengas GmbH’s Insolvency Plan

(IN BRIEF) EnBW Energie Baden-Württemberg AG has submitted a binding offer to finance the insolvency plan for biomethane trader bmp greengas GmbH ahead of a creditors’ meeting on October 12, 2023. bmp greengas has been under insolvency proceedings since August … Read the full press release

Eni Sustainable Mobility Redefines Transport with Enilive Brand Launch

(IN BRIEF) Eni Sustainable Mobility introduces the Enilive brand, marking a significant leap in eco-conscious transportation. Enilive focuses on bio-refining, biomethane production, and smart mobility solutions like the Enjoy car sharing service. With over 5,000 Enilive Stations in Europe, the … Read the full press release

Hydro’s Sunndal Aluminium Plant Aims to Cut Emissions with Local Biomethane Integration

(IN BRIEF) Hydro’s aluminum plant in Sunndal, Norway, aims to replace fossil fuels with local biomethane resources to cut emissions in the production process. The initiative is expected to reduce CO2 emissions by 20,000 tonnes annually, contributing to Hydro’s goal … Read the full press release

Maersk Sets Sail with Sustainable Fuel: Green Methanol Powers World’s First Methanol-Enabled Container Vessel

(IN BRIEF) Maersk, a global leader in container logistics, has successfully secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. The company has partnered with OCI Global to deliver green bio-methanol for the journey, which … 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

Arkema continues sustainability efforts with 300 GWh/year biomethane supply from ENGIE

(PRESS RELEASE) COLOMBES, 19-Jan-2023 — /EuropaWire/ — Arkema (EPA: AKE), a French specialty chemicals and advanced materials company and a global leader in PVDF production, has signed a long-term agreement with ENGIE starting on January 1st, 2023, to supply 300 GWh/year … Read the full press release

France’s largest anaerobic digestion unit BioBéarn to convert organic waste into biomethane and fertilizer, reducing CO2 emissions by 32,000 tons per year

(PRESS RELEASE) PARIS, 12-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced it has recently commissioned BioBéarn, … Read the full press release

TotalEnergies to produce biomethane from Veolia waste and water treatment facilities as part of a new agreement

(PRESS RELEASE) PARIS, 2-Feb-2022 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the company will start producing biomethane from waste and water treatment facilities located in 15 countries as part of a new … Read the full press release

Snam Group to build hydrogen-ready fuel cell system at the Torino Airport

Another Torino Green Airport project gets under way (PRESS RELEASE) SAN DONATO MILANESE / CASELLE TORINESE, 29-Dec-2021 — /EuropaWire/ — Snam Group (BIT: SRG), one of the world’s leading energy infrastructure companies, has announced that its subsidiary Renovit,  specialized in … Read the full press release

Shipping industry’s first commercial use of biomethane at scale

(PRESS RELEASE) ROTTERDAM, 16-Nov-2020 — /EuropaWire/ — Total (EPA: FP), a French multinational broad energy company, has announced the completion of the world’s largest Liquefied Natural Gas (LNG) bunkering operation at the Port of Rotterdam. The CMA CGM Jacques Saadé, … Read the full press release