(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
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged Ceequal certification, City of Stockholm, climate goals, EIB, EU funding, European Investment Bank, Housing Development, infrastructure, Paris Agreement, public transport, Region of Stockholm, renewable energy, SEK 12 billion, Stockholm metro expansion, sustainability, sustainable mobility, transport infrastructure
(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
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged carbon capture and storage, climate goals, CO₂ transportation, Denmark, DNV, energy transition, feasibility study, Harald field, Nordsøfonden, Noreco, partnership, pipeline repurposing, Project Bifrost, sustainability, sustainabulity, TotalEnergies, Ørsted
(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
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, United Kingdom
Tagged carbon capture and storage, CCS, climate goals, CO₂ carrier, CO₂ storage, CO₂ transport, Danish North Sea, Emission Reduction, energy transition, Europe, Greensand, INEOS, Nini West platform, offshore storage, partnership, Royal Niestern Sander, sustainability, Wagenborg Offshore
(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
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged climate goals, CO2 emissions, energy transformation, energy transition, European climate targets, GREEN HYDROGEN, Hydrogen Plant, hydrogen production, Kommunalkredit, net-zero emissions, OMV, partnership, PEM electrolysis, renewable diesel, renewable energy, Schwechat refinery, sustainability, sustainable aviation fuel, sustainable fuels, WIVA P&G Hydrogen Initiative
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged 000 tonnes CO₂, 800, Anders Egelrud, BECCS, Beccs Stockholm, carbon capture and storage, CCS, climate goals, EIB, Equinor, European Investment Bank, Microsoft, negative emissions, net zero, Nordic industry, Northern Lights project, partnership, Shell, Stockholm Exergi, Stockholm road traffic emissions, Thomas Östros, TotalEnergies, urban air quality, Värtaverket
(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
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged alternating current, Carl Trowell, clean energy, climate goals, direct current, Eastern Green Link 1, economic development, electricity cable, Energy Innovation, energy security, energy transition, environmental impact, GE Vernova, green electricity, Hawthorn Pit, local community benefits, METLEN Energy & Metals, Michael Shanks, National Grid Electricity Transmission, Nicola Connelly, Ofgem, partnership, Paul McLennan, Prysmian, renewable energy, Social Value, SP Energy Networks, subsea electricity superhighway, sustainability, Torness, UK energy grid, UK energy infrastructure, £2.5 billion investment
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 3D heat loss modelling, climate goals, CO2 emissions, Coventry City Council, Coventry project, E.ON, E.ON Group Innovation, energy efficiency, energy transition, energy-saving measures, Free Electrons Open Innovation Program, heat losses, heat transition, Kestrix, Machine Learning, Mark Ritzmann, partnership, property owners, startup collaboration, sustainability, thermal camera drones, thermal imaging cameras
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged carbon capture, Christine Ahlstrand, clean energy, climate goals, Climate Innovation, climate mitigation, climate neutrality, climate-tech, Course Corrected VC Fund II, decarbonisation technologies, early-stage companies, EIF, EIF commitment, electrification, emission reductions, energy efficiency, European Investment Fund, European Union, financial returns, Katja Bergman, Kerstin Cooley, market-shifting companies, Nordic, sustainable industrial technologies, venture capital, venture capital fund
(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
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged climate goals, climate neutral by 2050, Czech Finance Minister Zbynek Stanjura, Czech Ministry of Finance, Czech Republic, Czech Transport Minister Martin Kupka, economic revitalization, EIB, energy efficiency, environmental sustainability, ERTMS, EU subsidies, European Commission, European Investment Bank, European Just Transition Mechanism, European Rail Traffic Management System, loan, partnership, passenger comfort, Public Sector Loan Facility, Rail Modernization, rail safety, rail services, rail upgrades, railway infrastructure, railway stations, reconstruction, regional cohesion, Road transport, Správa železnic, sustainability, TEN-T, Trans-European Transport Network, TRANSPORT
(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
Posted in Business, Denmark, Education, Energy, Gas & Oil, Entertainment, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Billund, carbon footprint, carbon reduction, clean energy, climate goals, energy efficiency, environmental impact, greenhouse gas emissions, LEGO Group, Nyíregyháza, renewable energy, renewable technologies, solar capacity expansion, solar energy, solar panels, sustainability, sustainable future, Vietnam factory
(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
Posted in Business, Chemicals, Construction, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology
Tagged bio-based binder, biochemicals, climate goals, ECOR Global, environmental performance, exhibition materials, Flooring, formaldehyde-free, fossil-based binders, furniture, green materials, health, INNOVATION, lignin applications, NeoLigno, partnership, recyclable, Roberto Reyes, Stockholm Furniture Fair, Stora Enso, sustainability, sustainable materials, Tuomo Heikkinen
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Small Business, Technology
Tagged businesses, climate goals, economy, EIB, EIB Vice-President Robert de Groot, environmental and social impact, European Investment Bank, financing, green activities, impact loan, partnership, Rabo Impactlening, Rabobank, Rabobank NL Retail Director Carlo van Kemenade, SMEs, sustainability, sustainable development, sustainable financing, €300 million
(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
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden
Tagged City of Malmö, Claes Ramel, climate goals, Copenhagen, EIB, energy efficient housing, energy performance standards, environmental standards, EU climate targets, European Investment Bank, green funding, Marie Thelander Dellhag, MKB Fastighets AB, Öresund Bridge, partnership, SEK 2.6 billion loan, sustainability, sustainable development, sustainable urbanization, Sweden
(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
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Baden-Württemberg, climate goals, climate neutrality, decarbonization, energy costs, energy savings, fossil fuels, geothermal field, heat storage, heating supply, hybrid modules, industrial companies, Jumana Al-Sibai, kilowatt-peak, MAHLE, natural gas, partnership, photovoltaic thermal, PVT system, renewable energy, Sunmaxx, sustainability, Thermal and Fluid Systems, Thermal Energy, Vaihingen-Enz, Wilhelm Stein
(IN BRIEF) Eneco has officially launched the Kabeljauwbeek solar farm, its largest solar project to date, which began producing electricity on January 1, 2025. The farm, located in Noord-Brabant, will supply KPN’s fixed and mobile networks with 47 gigawatt hours … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged biodiversity, biodiversity measures, climate goals, climate-neutral, Ecowende wind farm, Eneco, gigawatt hours, green electricity, Kabeljauwbeek solar farm, KPN, KPN networks, native plants, Noord-Brabant, One Planet Plan, partnership, renewable energy, solar and wind energy, sustainabiity, wildlife, wind farm
(IN BRIEF) Boliden, a leading mining and metals company, has taken a groundbreaking step by integrating climate goals validated by the Science Based Targets initiative (SBTi) into its existing revolving credit facilities agreement (RCF). The RCF, totaling EUR 850 million, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged Boliden, climate goals, Financial Agreements, Håkan Gabrielsson, Mining Sector, partnership, sustainability
(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
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Sweden, Technology
Tagged AFRY, biodiversity, Brendan Cronin, Business Sweden, clean energy, climate change, climate crisis, climate goals, COP, COP28, COP28 conference, greenhouse gases, Henrik Tegnér, Jonas Gustavsson, Linda Pålsson, sustainability, UNFCCC
(IN BRIEF) Volvo Trucks and mining company Boliden are partnering to introduce electric truck transport in underground environments. The partnership will involve Boliden using two heavy, electric Volvo trucks in their Kankberg mine, outside Skellefteå in northern Sweden. The electric … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, Sweden, Technology, Transportation & Logistics
Tagged battery-electric trucks, Boliden, climate goals, Dennis Forslund, electric truck, electrification, Jessica Lindholm, Kankberg mine, mining, Volvo FH Electric, Volvo Trucks
(IN BRIEF) A new study led by the universities of Exeter and Campinas shows that Brazil must protect and restore its dry forests and savannas to achieve its climate goals. While attention is often on the Amazon rainforest, the researchers … Read the full press release
(PRESS RELEASE) FREDERICIA, 26-Oct-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants as well as the world’s most sustainable energy company, has announced a … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Technology
Tagged biodiversity goals, biodiversity loss, climate change, climate goals, ecosystems, Mads Nipper, Marco Lambertini, marine ecosystem, Marine restoration, ocean biodiversity, ocean health, Offshore wind, wildlife, WWF, Ørsted
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