Tag Archives: climate goals

TÜV Rheinland Hong Kong Receives CLP Smart Energy Award 2025 for Excellence in Sustainable Carbon Neutral Practices

(IN BRIEF) TÜV Rheinland Hong Kong has received the CLP Smart Energy Award 2025 – Sustainable Carbon Neutral Award (Industrial) – Excellence Award from CLP Power Hong Kong Limited, recognizing its strong achievements in energy efficiency, carbon reduction, and sustainability. … Read the full press release

Ignitis Group Secures €318 Million Financing Package Led by EBRD to Advance Lithuania’s Green Energy Transition

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €79.5 million to Ignitis Group as part of a €318 million financing consortium that includes the EIB, Swedbank, and NIB to fund the 314 MW Kelmė wind farm … Read the full press release

Siemens and Capgemini Partner with Airbus to Decarbonize Industrial Sites in the U.S. and UK by 2030

(IN BRIEF) Airbus has joined forces with Siemens and Capgemini to decarbonize four of its major industrial sites in the U.S. and UK as part of an ambitious program targeting a 20% reduction in energy use and an 85% reduction … Read the full press release

EIB Supports Dolomiti Energia Group’s 2030 Strategic Plan with €200 Million Green Loan to Boost Renewable Energy and Grid Development

(IN BRIEF) The European Investment Bank (EIB) has approved a €200 million green loan to support Dolomiti Energia Group’s 2030 Strategic Plan, with 55% of the financing directed toward new onshore wind farms in Campania and Puglia and 45% toward … Read the full press release

European Investment Bank and Iberdrola join forces to expand wind capacity and energy security in Greece

(IN BRIEF) The European Investment Bank (EIB) has signed a €25.9 million green financing agreement with Iberdrola for the construction of the 22.5 MW Gatza wind farm in central Greece. The financing package includes €10 million from EIB resources and … Read the full press release

Neumann Bygg strengthens Oslo region presence with eco-friendly Sarpsborg hub for STARK Group

(IN BRIEF) STARK Group has strengthened its Norwegian operations with the opening of a flagship branch in Sarpsborg, managed by Neumann Bygg. The 6,300 m² facility is the company’s 20th outlet in Norway and its third in the Oslo region, … Read the full press release

European Investment Bank Provides €400 Million for Stockholm Metro Expansion, Supporting Sustainable Growth

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in additional financing for the expansion of the Stockholm metro, supporting the development of 30 km of new tracks, 18 new stations, and the creation of 130,500 housing units. … Read the full press release

DNV and Ørsted Achieve Milestone in Carbon Capture and Storage Project Bifrost with Feasibility Study Approval for CO2 Transportation via Repurposed Pipeline

(IN BRIEF) DNV and Ørsted have achieved a major milestone in the development of Project Bifrost, a CCS project aimed at CO₂ underground storage in the Danish North Sea. DNV has granted a Statement of Feasibility (SoF) for repurposing Ørsted’s … Read the full press release

INEOS and Wagenborg Reach Key Milestone with Completion of Europe’s First Offshore CO₂ Carrier

(IN BRIEF) Europe’s first offshore CO₂ carrier, currently under construction at Royal Niestern Sander shipyard, represents a major step in advancing carbon capture and storage (CCS) infrastructure. This milestone will facilitate the transportation of liquefied CO₂ from onshore sites to … Read the full press release

OMV Launches Austria’s Largest Green Hydrogen Production Plant to Drive Sustainable Fuels and Chemicals

(IN BRIEF) OMV has launched Austria’s largest green hydrogen production plant at its Schwechat refinery, with an annual capacity of up to 1,500 metric tons. This EUR 25 million investment will significantly reduce CO2 emissions by up to 15,000 metric … Read the full press release

EIB Funds Beccs Stockholm, Pioneering Negative Emissions Technology to Outpace Stockholm Traffic Emissions

(IN BRIEF) The European Investment Bank has granted a €260 million loan to Stockholm Exergi to construct Sweden’s first large-scale BECCS facility at Värtaverket, expected to be operational by 2028. The project, Beccs Stockholm, will capture up to 800,000 tonnes … 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

E.ON, Coventry City Council, and Kestrix Launch Thermal Drone Project to Improve Energy Efficiency

(IN BRIEF) E.ON, Coventry City Council, and Kestrix have partnered to enhance energy efficiency in the city using thermal camera drones and 3D heat loss modelling to collect data on heat losses from buildings. This collaboration aims to improve energy … 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

EIB Supports Czech Rail Upgrades with €466 Million Loan to Enhance Sustainability and Safety

(IN BRIEF) The EIB is loaning €466 million to the Czech Republic to upgrade railway infrastructure as part of a larger European effort to improve rail services and meet climate goals. The funding will support key projects such as the … 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

Stora Enso and ECOR Global Unveil Groundbreaking Bio-Based, Formaldehyde-Free Product at Stockholm Furniture Fair

(IN BRIEF) Stora Enso and ECOR Global have partnered to create a revolutionary product that combines sustainability and safety by using NeoLigno, a bio-based, formaldehyde-free binder. This new innovation replaces traditional fossil-based binders, offering a fully recyclable and bio-based board … Read the full press release

Rabobank and EIB Extend Support for Sustainable SMEs with €300 Million Impact Loan

(IN BRIEF) Rabobank and the European Investment Bank (EIB) have announced the availability of €300 million through a new impact loan aimed at supporting small and medium-sized enterprises (SMEs) focused on sustainable development. This new funding increases Rabobank’s ongoing commitment … Read the full press release

EIB Grants SEK €225 million Loan to Malmö for Sustainable Housing Project

(IN BRIEF) The European Investment Bank (EIB) has granted a SEK 2.6 billion loan to the City of Malmö to finance the construction of over 1,500 energy-efficient apartments. This loan furthers the city’s commitment to sustainability and meets EU climate … Read the full press release

MAHLE Implements Groundbreaking PVT System for Sustainable Energy at Vaihingen-Enz Plant

(IN BRIEF) MAHLE is pioneering sustainable energy practices at its Vaihingen-Enz plant in Germany by introducing a photovoltaic thermal (PVT) system using over 1,000 PVT hybrid modules from Sunmaxx. The system will generate both electricity and thermal energy, reducing the … Read the full press release