Tag Archives: clean energy

Banking Alliance Paves the Way for a Robust EU Clean Energy Future

(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

SFC Energy Secures Landmark Saudi Order to Power Off-Grid Surveillance with Clean Energy

(IN BRIEF) SFC Energy AG has landed its first order in Saudi Arabia by signing a contract with RESTART Limited Company for EFOY Pro methanol fuel cells and accessories, designed to power off-grid CCTV and public safety monitoring systems. After … Read the full press release

BevZero Equipment Sales and Distribution Enhances Dealcoholization Capabilities with New ClearAlc 300 l/h Demonstration Unit in Spain Facility

(IN BRIEF) BevZero, a global leader in beverage services and equipment, has announced the delivery of a ClearAlc Dealcoholization demonstration unit to its Spain facility. Manufactured by Tomsa Destil, the 300-liter-per-hour unit is designed to showcase the capabilities of larger … Read the full press release

UAE-France High-Level Business Council Strengthens Economic Cooperation at Third Meeting

(IN BRIEF) At the third meeting of the UAE-France High-Level Business Council in Paris, strategic partnerships were formed to enhance collaboration in energy, renewable energy, infrastructure, and artificial intelligence. The event, co-chaired by H.E. Dr. Sultan Al Jaber and Patrick … Read the full press release

UAE-France Strategic Alliance Fuels Clean Energy Expansion in Africa and Asia

(IN BRIEF) A new partnership, strengthened by the UAE-France High-Level Business Council and the UAE-France Framework for Cooperation in Artificial Intelligence, is set to bolster clean energy access in emerging markets. Masdar, TotalEnergies, and EPointZero have formalized a collaboration to … Read the full press release

CTP and Hitachi Energy Collaborate on Sustainable Factory and Campus Development in Czech Republic

(IN BRIEF) CTP, Europe’s largest listed developer of industrial properties, has launched a €57 million project for Hitachi Energy at CTPark Brno, Czech Republic. The first phase involves building a state-of-the-art high-voltage products factory, with a focus on sustainable production … Read the full press release

Construction Begins on Eastern Green Link 1, a Subsea Electricity Superhighway to Power Two Million Homes

(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release

Outokumpu Completes Feasibility Study for Small Modular Reactor Project, Seeks External Investment for Development

(IN BRIEF) Outokumpu has completed a feasibility study for the potential construction of a Small Modular Reactor (SMR) near its Tornio plant in Finland, aimed at enhancing low-carbon energy availability. The study confirms the project’s feasibility and outlines several advantages, … Read the full press release

Fortum Launches Feasibility Study to Expand Pumped Hydro Storage in Sweden

(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release

Iberdrola Secures Power Purchase Agreement for Ohio’s Blue Creek Wind Farm, Supporting Clean Energy and Local Communities

(IN BRIEF) Iberdrola, through its U.S. subsidiary Avangrid, has signed a power purchase agreement (PPA) with American Municipal Power (AMP) to supply clean energy from the Blue Creek wind farm in Ohio. This partnership will support Ohio’s rural communities economically, … Read the full press release

HBOR Commits €20 Million to EIF-Led Three Seas Initiative Innovation Fund

(IN BRIEF) The Croatian Bank for Reconstruction and Development (HBOR) has pledged €20 million to the Three Seas Initiative Innovation Fund, which supports growth-stage businesses in Central and Eastern Europe. This makes HBOR the fourth contributor to the fund, following … Read the full press release

EIF Backs Nordic Climate-Tech Innovation with €34.6 Million Commitment to Course Corrected VC Fund II

(IN BRIEF) The European Investment Fund (EIF) has pledged €34.6 million to Course Corrected VC Fund II, a venture-capital fund dedicated to backing early-stage climate-tech companies in the Nordic region. This funding will help the fund reach its target size … Read the full press release

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

EIB Extends €42.8 Million Loan to Ústí nad Labem for Sustainable Infrastructure and Green Development

(IN BRIEF) The EIB has extended a €42.8 million loan to Ústí nad Labem for crucial infrastructure upgrades, including energy, transport, and social services. This is part of the EU’s larger goal of promoting sustainable urban development. The loan is … Read the full press release

EIB Approves €2.4 Billion in Financing for Clean Energy, Infrastructure, and Global Connectivity Projects

(IN BRIEF) The European Investment Bank (EIB) has approved €2.4 billion in new financing to support a range of projects across Europe, including clean energy, transport, telecommunications, and flood protection. This includes significant funding to enhance hydrogen production, boost energy … Read the full press release

Amazon and Iberdrola Expand Renewable Energy Partnership with 476 MW in New PPAs Across Portugal and Spain

(IN BRIEF) Amazon and Iberdrola have expanded their renewable energy partnership with new power purchase agreements (PPAs) in Portugal and Spain, adding 476 MW of renewable capacity to their collaboration. The new agreements include Amazon’s first PPA in Portugal for … Read the full press release

Iberdrola Breaks Records in Renewable Generation, Electricity Distribution, and Green Capacity in 2024

(IN BRIEF) Iberdrola achieved significant milestones in 2024, setting records in electricity distribution, renewable generation, and green capacity. The company transported a record amount of electricity, saw a rise in renewable energy production, and increased its renewable capacity to new … Read the full press release

LEGO Group Expands Solar Energy Capacity, Accelerates Sustainability Efforts

(IN BRIEF) The LEGO Group has made significant progress in its sustainability efforts by increasing its solar energy capacity by 61% globally over the past two years. The company has installed solar panels across six factory sites and plans to … Read the full press release

wpd Secures Long-Term Power Purchase Agreement with LyondellBasell for Licata Wind Farm in Italy

(IN BRIEF) wpd has signed a ten-year PPA with LyondellBasell for the Licata onshore wind project in Sicily. The project, featuring seven Vestas turbines, will generate 79,000 MWh annually, supporting LyondellBasell’s emissions reduction efforts. This partnership underscores LyondellBasell’s commitment to … Read the full press release

STMicroelectronics and TotalEnergies Forge Historic PPA to Power Operations with 100% Renewable Energy in France

(IN BRIEF) STMicroelectronics has signed its first physical Power Purchase Agreement (PPA) with TotalEnergies to secure renewable energy for its operations in France. The 15-year contract will deliver 1.5 TWh of clean power from two new wind and solar farms, … Read the full press release