(IN BRIEF) Eni has signed a $1 billion+ power offtake agreement with Commonwealth Fusion Systems (CFS) to purchase clean energy from the company’s first ARC fusion power plant in Chesterfield County, Virginia. Expected to connect to the grid in the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged ARC fusion power plant, Bob Mumgaard, carbon neutrality, CFS, Chesterfield County Virginia, Claudio Descalzi, clean energy, Commonwealth Fusion Systems, Devens Massachusetts, energy transition, Eni, Eni Next, Eni secures $1 billion clean fusion power offtake from Commonwealth Fusion Systems’ first ARC plant in Virginia, Eni Signs Over $1 Billion Fusion Power Offtake Agreement with Commonwealth Fusion Systems for ARC Plant in Virginia, Eni to buy fusion power worth over $1 billion from CFS Virginia plant, fusion energy, high-temperature superconducting magnets, partnership, reinforcing joint drive toward energy transition, San Donato Milanese, Series B2 financing, SPARC, sustainability
(IN BRIEF) Centrica has announced that Heysham 1 and Hartlepool nuclear power stations will continue generating until March 2028, extending their operational lifetimes by one year and reinforcing the UK’s energy security. The stations, which provide low-carbon electricity to over … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Centrica, Chris O’Shea, clean energy, decarbonisation, Energy Independence, graphite inspections, Hartlepool, Heysham 1, Heysham 2, lifetime extension, low-carbon electricity, nuclear power, Office for Nuclear Regulation, partnership, Sizewell C, sustainability, Torness, UK energy security
(IN BRIEF) Egis and its consortium partners Amentum, SETEC Nucléaire, and Tractebel have been awarded a contract extension to support the development of Sizewell C, the UK’s next-generation nuclear power station. The ICOSH consortium will deliver the civil design for … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Amentum, civil design, clean energy, Egis, European Pressurised Reactor, Francois-Xavier Basselot, Hinkley Point C, ICOSH consortium, net zero 2050, nuclear power, partnership, SETEC Nucléaire, Sizewell C, Suffolk, sustainability, sustainable infrastructure, Tilly Spencer, Tractebel, UK energy security
(IN BRIEF) Rolls-Royce SMR has been selected by Vattenfall as one of only two finalists in Sweden’s nuclear technology procurement process. Following its shortlisting in 2024, Rolls-Royce SMR successfully completed detailed evaluation and will now work with Vattenfall on the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, United Kingdom
Tagged Awards, CEZ Czech Republic, Chris Cholerton, clean energy, energy transition, Great British Energy Nuclear, leadership, low-carbon electricity, modular nuclear technology, net zero, nuclear power, partnership, Ringhals site, Rolls-Royce SMR, small modular reactor, SMR, sustainability, Sweden energy demand, UK-Sweden collaboration, Vattenfall
(IN BRIEF) SFC Energy AG has received a CAD 1.2 million follow-up order from Latium Technologies in Canada for EFOY Pro 2800 fuel cells and methanol cartridges to power AI-driven CCTV surveillance systems. Latium integrates SFC’s clean energy technology with … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged AI-powered surveillance, Antonio Pecorilli, CANADA, CCTV towers, clean energy, EFOY Pro 2800, fuel cells, Hans Pol, hybrid power solutions, Latium Technologies, methanol cartridges, mining, Nisku Alberta, off-grid energy, oil and gas, partnership, remote job site security, SFC Energy AG, smart security, solar power, sustainability
(IN BRIEF) Sandoz has signed a 10-year virtual PPA with Elawan Energy to develop 150 MW of new solar capacity in Valladolid, Spain, expected to meet almost 90% of electricity demand for its European operations. This partnership is a key … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Pharma & Biotech, Science, Spain, Switzerland, Technology
Tagged biosimilar medicines, carbon footprint reduction, Castilla y León, clean energy, Climate Action, decarbonization, Elawan Energy, Europe, European operations, generic medicines, Glenn Gerecke, partnership, pharmaceutical industry sustainability, PPA, renewable energy, Sandoz, SBTi, Science Based Targets initiative, solar energy, sustainability, Valladolid, virtual power purchase agreement
(IN BRIEF) METLEN has signed a 15-year agreement with Copec EMOAC to deliver 450 GWh of renewable electricity annually from four solar plants in Chile, beginning in Q2 2026. The deal includes energy delivery during nighttime hours, supported by 322 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged battery energy storage systems, BESS, Chile, clean energy, Copec EMOAC, energy decarbonization, energy transition, Latin America expansion, Metlen, nighttime PPA, off-peak energy delivery, partnership, Power Purchase Agreement, renewable energy, solar energy, sustainability, sustainable procurement
(IN BRIEF) During their July meetings, the EIB and EIF boards approved a combined €15.5 billion in fresh financing: €14.5 billion from the EIB and €1 billion from the EIF. Key priorities include the launch of a €40 billion Water Resilience Programme to improve … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged affordable housing, biodiversity, clean energy, EIB Group Water Resilience Programme, energy efficiency, European Investment Bank, European Investment Fund, green transition, infrastructure funds, Nadia Calviño, Palestine program, partnership, pharmaceutical innovation, Photovoltaic, private equity, rail investment, security and defence financing, sustainability, transport connectivity, venture capital, wastewater networks, water resilience, Western Balkans, €15.5 billion
(IN BRIEF) ValMAS, led by Plymouth Marine Laboratory and co-funded by NERC and the INSITE Programme, is a £5.6 million, four-year research collaboration involving UK and Norwegian institutions. Concentrating on the North Sea, the project will evaluate the environmental, social, … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Anne-Michelle Slater, Astley Hastings, Cardiff University, clean energy, climate modeling, contaminant mobilization, decision-support tools, ecological value, economic trade-offs, fishermen’s organisations, INSITE Programme, Kate Gormley, lifecycle impacts, marine artificial structures, Marine Energy Wales, natural capital, Natural England, Nature Recovery, NERC, net zero, Nicola Beaumont, NIVA, North Sea, Plymouth Marine Laboratory, Rebecca von Hellfeld, Scottish Fishermen’s Federation, Shellfish Association, SUERC, University of Aberdeen, ValMAS
(IN BRIEF) Fortum has completed its acquisition of Orange Energia Sp. z o.o. in Poland for up to PLN 120 million (EUR 28 million), paying about PLN 90 million in cash at closing and deferring the remainder to early 2029 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Infrastructure & Utilities, Investment, Management, Marketing, News, Poland, Retail, Technology
Tagged 130 000 customer contracts, acquisition, clean energy, Comparable Operating Profit, Consumer Solutions segment, decarbonisation, earn-out, electricity sales, EUR 28 million, Fortum, Orange Energia Sp. z o.o., Orange Polska, partnership, PLN 120 million, Q3 2025, retail distribution network, Strategic Priorities, sustainability, transformation
(IN BRIEF) Burundi’s President officially opened the Jiji hydroelectric plant in Bururi province, marking a major milestone toward the nation’s energy self-reliance. When paired with the soon-to-be-completed Mulembwe facility, the two dams will deliver 49.5 MW of capacity and 235 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged 235 GWh, 49.5 MW, African Development Bank, Burundi, Bururi province, clean energy, Edward Claessen, Elisabetta Pietrobon, energy self-sufficiency, European Investment Bank, European Union, Hawa Cisse Wagué, infrastructure, Jiji hydroelectric plant, job creation, Mulembwe plant, partnership, Pascal Yembiline, SMEs, sustainabiity, sustainable development, Vision 2040, Vision 2060, World Bank
(IN BRIEF) The EIB is providing a €133 million loan to the Andalusian government, co-funded by ERDF, ESF+, and Just Transition funds, to revamp healthcare and educational infrastructure with climate-adaptation measures, bolster job creation and skills training, and advance research … Read the full press release
Posted in Banks, Business, Economy, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Spain, Technology
Tagged clean energy, climate resilience, cohesion policy 2021–2027, digital transformation, economic cohesion, ERDF, ESF, European Investment Bank, healthcare modernisation, job incentives, Junta de Andalucía, Just Transition Fund, partnership, school refurbishment, Skills Training, social cohesion, sustainabiity, sustainable mobility, territorial cohesion, university R&D
(IN BRIEF) KfW IPEX-Bank is contributing EUR 140 million as co-lead arranger in a major financing package for a 350 MW wind farm in Québec, Canada, alongside several Canadian banks. The Pohénégamook-Picard-Saint-Antonin-Wolastokuk 1 (PPAW1) Energy Centre, featuring 56 Vestas turbines, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Alliance de l'énergie de l'Est, Canada renewable energy, CIBC, clean energy, community energy partnership, Desjardins Group, Dr Velibor Marjanovic, energy transition, forested hills, Green Infrastructure, Hydro-Québec, Invenergy, KfW IPEX-Bank, National Bank of Canada, onshore wind, partnership, PPAW1, Québec wind farm, Sumitomo Mitsui Banking Corporation, sustainability, Vestas turbines, wind energy project
(IN BRIEF) Bulgaria has enlisted the help of the European Investment Bank (EIB) to support the decarbonization of the Maritsa East Complex, one of Europe’s largest coal-powered electricity sites. The EIB will work with Bulgaria’s Ministry of Energy to develop … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Bulgaria, carbon emissions, clean energy, coal transition, decarbonization, EIB, energy transition, EU funding, European Investment Bank, InvestEU Advisory Hub, Kyriacos Kakouris, Maritsa East Complex, Ministry of Energy, partnership, renewable energy, sustainability, Zhecho Stankov
(IN BRIEF) SFC Energy has received its first major order for its Danish subsidiary, SFC Energy Denmark, to supply hydrogen fuel cell technology for point of presence (PoP) stations in the fibre optic network of Norlys Fibernet A/S. The order … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Marketing, News, Technology
Tagged clean energy, climate-neutral energy, Denmark, Dr. Peter Podesser, EFOY Hydrogen, emergency power supply, energy resilience, ESG Strategy, fibre optic networks, hydrogen fuel cells, hydrogen technology, Magnus Just Olesen, Norlys Fibernet, partnership, PoP stations, power solutions, renewable energy, SFC Energy, SFC Energy Denmark, stationary fuel cells, sustainability
(IN BRIEF) Lloyds Banking Group has partnered with North East Mayor Kim McGuinness, NECA, and OFI to create a green energy hub in the North East. The initiative focuses on unlocking private sector investment to support the region’s green energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged clean energy, electric vehicles, green industry, Infrastructure Development, Kim McGuinness, Lloyds Banking Group, net zero, North East, North East Combined Authority, North East Investment Zone, Office for Investment, Offshore wind, partnership, private investment, sustainability, sustainable growth, Tyne Economic Corridor, UKREiiF
(IN BRIEF) ABB has launched its Battery Energy Storage Systems-as-a-Service to provide businesses with a flexible, zero-CapEx solution for energy storage. This service, designed for various industries, enables companies to adopt advanced energy solutions without large capital investments, ensuring immediate … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, battery energy storage, BESS-as-a-Service, clean energy, commercial buildings, data centers, decarbonization, energy efficiency, energy security, energy storage, energy trading, net zero, operational expenditure, sustainability
(IN BRIEF) SFC Energy has announced a collaboration with Polaris Government and Defense to integrate its EMILY 3000 fuel cell technology into Polaris’ MRZR tactical vehicles. This solution, tailored for NATO and allied forces, enhances mission flexibility by providing a … Read the full press release
Posted in Business, Defence, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged clean energy, covert operations, defense technology, EMILY 3000, energy autonomy, fuel cell technology, fuel cell-based system, fuel efficiency, military applications, military-certified, mission-critical power solutions, MRZR, NATO, partnership, POLARIS®, portable power supply, SFC Energy, SFC Energy AG, Surveillance systems, sustainability, tactical performance, tactical vehicle, UN3473
(IN BRIEF) Bilfinger has acquired the UK-based nZero Group, including its subsidiaries Orbital Gas Systems and Thyson Technology, enhancing its expertise in the gas and hydrogen sectors. With a focus on advanced energy systems and clean energy solutions, the acquisition … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Bilfinger, clean energy, CO2 measurement, decarbonization, Electrical Instrumentation and Controls, energy systems, energy transition, gas sector, HSEQ standards, hydrogen sector, Matt Allen, net zero 2050, nZero Group, Orbital Gas Systems, process industry, Sandy Bonner, Thomas Schulz, Thyson Technology, UK
(IN BRIEF) Ingka Investments has inaugurated its first solar park in Poland, a 29 MW installation in Recz developed with Enerparc. The project adds to Ingka Group’s renewable energy portfolio in the country, which now includes seven wind farms and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland, Retail, Technology
Tagged clean energy, energy storage, energy transition, Enerparc, Ewa Teodorczyk, Frederik de Jong, green energy infrastructure, IKEA, IKEA climate goals, IKEA net zero, IKEA Poland, Ingka Investments, partnership, renewable energy, solar energy, solar park Recz, sustainability, wind farms, wind power Poland
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