Tag Archives: clean energy

Baltic Eagle Offshore Wind Farm Begins Installation, Targets 475,000 Homes with Renewable Energy by 2024

(IN BRIEF) The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the final phase of construction. This 476 MW project is set to be fully operational by … Read the full press release

BevZero Spain Enhances Sustainability Efforts with Installation of Solar Panels at Production Facility

(IN BRIEF) BevZero, a global leader in beverage innovation, takes a significant step towards sustainability with the installation of 100 solar panels, generating 50 kW of peak power, on the rooftop of its Spain facility. This initiative, representing an annual … Read the full press release

Fortum Commits to Clean Energy Future with Malta Hydropower Plant Modernization

(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release

BII and FMO Join Forces to Propel BECIS’ Clean Energy Expansion in South and South-East Asia

(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release

AFRY Strengthens Renewable Energy Portfolio with Carelin Oy Acquisition

(IN BRIEF) AFRY has announced its acquisition of Carelin Oy, a leading provider of project management, energy, and asset care services in the Finnish renewable energy market. This strategic move aims to enhance AFRY’s offerings in the renewables sector, allowing … Read the full press release

Ocean Winds’ Moray West Wind Farm Powers Amazon’s Renewable Energy Ambitions

(IN BRIEF) Amazon has expanded its commitment to renewable energy by signing a corporate power purchase agreement (CPPA) with ENGIE. This agreement increases Amazon’s share of the energy output from the Moray West offshore wind farm in Scotland to 473MW, … Read the full press release

EIB Group Partners with Mission Innovation to Advance Clean Energy Innovation Globally

(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and the European Investment Fund, has announced a partnership with Mission Innovation to promote clean energy innovation on a global scale. The collaboration aims to facilitate access … Read the full press release

RWE Partners with Masdar for UK Offshore Wind Project in Commitment to Clean Energy

(IN BRIEF) RWE has entered into an agreement with Masdar, a clean energy leader, to collaborate on the UK Dogger Bank South (DBS) offshore wind development projects. Masdar will acquire a 49% stake in the projects, while RWE will retain … Read the full press release

SEAT’s SEAT al Sol 2: Major Expansion of Solar Power for Electric Vehicle Production

(IN BRIEF) SEAT S.A. is set to significantly expand its solar energy capacity with the installation of 39,000 new solar panels across its three production facilities in Martorell, El Prat, and Barcelona. This expansion, known as SEAT al Sol 2, … Read the full press release

AFRY Showcases Climate Leadership and Sustainable Solutions at COP28

(IN BRIEF) AFRY, a global sustainability and engineering company, is participating in COP28, the United Nations Climate Change Conference, as part of the Business Sweden delegation. AFRY aims to highlight its sustainable solutions and leadership in addressing the climate crisis. … Read the full press release

Kapsch TrafficCom Embraces Exeger’s Solar Cell Technology for Sustainable Transport

(IN BRIEF) Kapsch TrafficCom is entering a strategic partnership with Exeger to develop eco-friendly communication solutions with self-charging capabilities. They will utilize Exeger’s solar cell technology, Powerfoyle™, which converts various light sources into renewable energy. This collaboration aims to reduce … Read the full press release

Finland’s Meri-Pori Coal Plant Reserved for National Emergency Preparedness

(IN BRIEF) Fortum, a leading energy company, has signed an agreement with Finland’s National Emergency Supply Agency (NESA) to reserve the Meri-Pori coal condensing power plant for emergencies, ensuring the security of the country’s electricity supply. The agreement is in … Read the full press release

Voith Hydro Invests in Upgrading Flagship U.S. Hydropower Manufacturing Facility to Support Clean Energy Growth

(IN BRIEF) Voith Hydro is making significant investments in its North American manufacturing facility located in York, Pennsylvania. These investments involve the acquisition of cutting-edge machinery, including a Pietro Carnaghi AP 120 TM Vertical Turning Lathe (VTL) and a PAMA … Read the full press release

DemoSATH Floating Offshore Wind Project Powers Up, Pioneering Clean Energy in Spain

(IN BRIEF) The DemoSATH floating offshore wind project, led by Saitec Offshore Technologies in collaboration with RWE and KEPCO, has achieved a significant milestone by commencing electricity generation. Located off the Basque coast, the DemoSATH platform features a 2 MW … Read the full press release

Italy Greenlights Tyrrhenian Link, a Major Milestone in Clean Energy Infrastructure

(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release

wpd Successfully Refinances Taiwan’s Luwei and Chungwei Wind Farms, Enhancing Clean Energy Commitment

(IN BRIEF) German renewable energy company wpd has successfully completed the refinancing of Taiwan’s Luwei and Chungwei onshore wind farms, totaling 180 MW capacity, with the support of local and international banks. These long-standing wind farms will benefit from improved … Read the full press release

Wood Advances Low Carbon Pipelines Projects in North America Amid Growing Clean Energy Investments

(IN BRIEF) Wood, a leading engineering firm, is undertaking concept and front-end engineering and design (FEED) studies for nearly 2,000 miles of onshore low carbon pipelines in North America. With a proven track record in designing some of the longest … Read the full press release

Clean Energy Giants Masdar (UAE) and Iberdrola Join Forces in €1.6 Billion / 476 MW Baltic Eagle Offshore Wind Farm Deal in Germany

(IN BRIEF) Masdar, the UAE’s flagship renewable energy company, partners with Iberdrola, a global clean energy leader, to invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake … Read the full press release

Iberdrola’s Ambitious Offshore Wind Project to Bring Clean Energy to New York City and Westchester County

(IN BRIEF) Iberdrola, in collaboration with Avangrid and other partners, is set to establish new high-voltage transmission lines to deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The project aims to … Read the full press release

TotalEnergies and Petronas’ Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

TotalEnergies and Petronas' Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release

APM Terminals Bahrain Unveils USD 10 Million Solar Project, Paving the Way for Renewable Energy in Maritime Operations

(IN BRIEF) APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has announced the launch of a groundbreaking solar power project worth BHD3.8 million (USD 10 Million). The project aims to make the port energy self-sufficient by the end … 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

Volvo Group Partners with Vattenfall for Renewable Electricity Supply from Bruzaholm Wind Park

(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

AVANGRID’s Pachwáywit Fields Solar Farm Brings Clean Energy to Oregon

(IN BRIEF) AVANGRID, a sustainable energy company, has achieved commercial operation at the 162 MWac Pachwáywit Fields solar farm in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver renewable energy to large customers and municipalities … Read the full press release

European Investment Bank and Commission aim to bridge global climate finance gap with €18bn financing for partner countries

(IN BRIEF) The European Commission and the European Investment Bank have jointly announced an investment of €18 billion under the Global Gateway initiative, Europe’s investment strategy for partner countries. This investment will focus on the priority areas of Global Gateway, … Read the full press release

Outokumpu and Fortum Join Forces to Explore Sustainable Nuclear Technologies for Steel Manufacturing

(IN BRIEF) Fortum, a leading Nordic clean energy company, and Outokumpu, the global leader in sustainable stainless steel, have signed a Memorandum of Understanding (MoU) to explore the decarbonisation of Outokumpu’s steel manufacturing operations with emerging nuclear technologies, such as … Read the full press release

Fortum and Outokumpu Join Forces to Decarbonize Steel Manufacturing with SMR Technology

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and Fortum, a top Nordic clean energy company, have signed an agreement to explore the decarbonization of Outokumpu’s steel manufacturing operations using Small Modular Reactors (SMR), a new nuclear technology. … Read the full press release

Centrica and Vodafone Sign Major PPA for Five Solar Farms in England

(IN BRIEF) Centrica and Vodafone have signed a Power Purchase Agreement with MYTILINEOS S.A for the output from five solar farms under construction in England, which will generate a total of 216GWh of electricity and displace more than 53,000 tonnes … Read the full press release

EIB and EIF support regional development and sustainable innovation in Czech Republic with €1.85B investment in 2022

(IN BRIEF) The European Investment Bank Group, consisting of the European Investment Bank and the European Investment Fund, invested €1.85 billion in the Czech Republic in 2022 to support regional development, improve sustainable development and innovation in small and medium … Read the full press release

Innovative Pyro-Processing Technology to Drive Lithium Production at Kokkola Refinery in Finland

(PRESS RELEASE) COPENHAGEN, 16-Jan-2023 — /EuropaWire/ — FLSmidth (CPH: FLS), a Danish multinational engineering company, and Sibanye-Stillwater’s Finnish subsidiary, Keliber, have signed a contract for the supply of pyro-processing equipment to support the lithium hydroxide refinery located in Kokkola, Finland. … Read the full press release

Iberdrola’s New 350 MW Solar Plant in Palencia, Spain’s Largest Photovoltaic Project, gets Environmental Green Light

(PRESS RELEASE) BILBAO, 11-Jan-2023 — /EuropaWire/ — Iberdrola (BME: IBE), a Spanish multinational leader in clean energy and a pioneer in the deployment of smart grids, has announced it has been granted a favorable Environmental Impact Statement (EIS) to build … Read the full press release

Favourable Environmental Impact Statement (EIS) for the development of Iberdrola’s Iglesias wind farm in Castilla y León, Spain

The company adapts its Iglesias wind project, which will be built in the Spanish province of Burgos and will have a capacity of 70 MW, to comply with all environmental requirements – It will generate enough clean energy to supply … Read the full press release

E.ON and Horisont Energi, a Norwegian clean energy company, partner over large-scale CO2 removal solutions

(PRESS RELEASE) ESSEN, 30-Nov-2022 — /EuropaWire/ — E.ON (ETR: EOAN), one of Europe’s largest operators of energy networks and energy infrastructure, has announced a new collaboration with Horisont Energi (EURONEXT: HRGI), a Norwegian clean energy company, aimed at intensifying their … Read the full press release

ABB Technology Ventures makes a minority investment in the winner of the ABB Electrification’s 2021 Startup Challenge

Collaboration further expands ABB’s innovation ecosystem strategy and strengthens digital portfolio of its Smart Power division Tallarna’s software helps customers identify successful decarbonization investments and mitigate financial risks Tallarna helps identify optimal solutions for energy efficiency projects and energy cost … Read the full press release

Iberdrola, the Spanish leader in clean energy, sells 49 percent stake in its first operational offshore wind farm in Germany for EUR 700 million

(PRESS RELEASE) BILBAO, 14-Sep-2022 — /EuropaWire/ — Iberdrola (BME: IBE), a Spanish multinational leader in clean energy and a pioneer in the deployment of smart grids, has announced the sale of  49 percent stake in its first operational offshore wind … Read the full press release

Iberdrola, der spanische Marktführer für saubere Energie, verkauft 49 Prozent der Anteile an seinem ersten in Betrieb befindlichen Offshore-Windpark in Deutschland für 700 Millionen Euro

(PRESSEMITTEILUNG) BILBAO, 14-Sep-2022 — /EuropaWire/ — Iberdrola (BME: IBE), ein spanischer multinationaler Marktführer im Bereich saubere Energie und a Pionier im Einsatz von Smart Grids, hat den Verkauf von  49-prozentige Beteiligung an seinem ersten in Betrieb befindlichen Offshore-Windpark in Deutschland, … Read the full press release

EBRD to finance the construction of two wind farms in Croatia

EBRD provides €43 million loan for the construction of two wind farms in Croatia New windfarms to have 111MW of total installed grid capacity Investment to boost electricity generation from renewables by more than 10 per cent (PRESS RELEASE) LONDON, 16-Aug-2022 … Read the full press release

BERS finanzierà la costruzione di due parchi eolici in Croazia

La BERS fornisce un prestito di 43 milioni di euro per la costruzione di due parchi eolici in Croazia Nuovi parchi eolici per avere 111 MW di capacità di rete installata totale Investimenti per aumentare di oltre il 10 per … Read the full press release

bp to bid for two offshore wind leases in the Netherlands

bp submits bids for two individual offshore wind leases in the Netherlands – HKW sites VI and VII – with potential for combined 1.4GW generating capacity. Success in the bids will enable a series of additional integrated clean energy investments … Read the full press release