Tag Archives: climate neutrality

EIB Extends Burgenland Renewable Energy Financing with Additional €20 Million Loan

EIB and Burgenland Energie representatives pictured with a signed agreement at the EIB

New funding supports Burgenland Energie’s wind and solar expansion and the Austrian region’s 2030 energy independence and climate neutrality goals. IN BRIEFKEY TAKEAWAYSFAQs The European Investment Bank is extending its financing for Burgenland Energie’s renewable energy development in Austria with … Read the full press release →

Cefic calls for competitive electricity costs as EU advances industrial electrification reforms

Cefic logo featuring a multicoloured hexagonal symbol and orange lettering.

European chemical industry body outlines five priorities for grid charges and electricity taxes as lawmakers consider the Commission’s July 2026 proposal. IN BRIEFKEY TAKEAWAYSFAQs Cefic has urged EU lawmakers to balance the cost of upgrading Europe’s power networks with the … Read the full press release →

Alfa Laval Selected by Saipem to Supply Heat Transfer Technology for Stockholm Exergi’s 800,000-Tonne BECCS Carbon Capture Project in Sweden

(IN BRIEF) Alfa Laval has been selected by Saipem to provide heat transfer equipment for Stockholm Exergi’s BECCS project in Sweden, one of Europe’s largest planned bioenergy carbon capture facilities. Scheduled to begin operations in 2028, the project is designed … Read the full press release →

European Investment Bank and Danske Bank Launch €250 Million Guarantee Agreement to Unlock Up to €500 Million for Europe’s Wind Energy Industry

(IN BRIEF) The European Investment Bank and Danske Bank have signed an agreement under which the EIB will provide a guarantee of up to €250 million, enabling Danske Bank to issue as much as €500 million in guarantees to companies … Read the full press release →

European Investment Bank Provides €25 Million Financing to Tartu for Energy-Efficient Public Buildings, Cycling Infrastructure and Climate-Neutral City Development

(IN BRIEF) The European Investment Bank is lending €25 million to the Estonian city of Tartu to support a €51 million investment programme focused on greener public buildings, improved cycling and pedestrian infrastructure and the city’s transition toward climate neutrality … Read the full press release →

Evonik Health Care Advances 2030 Sustainability Goals With Polymer LCA Data

(IN BRIEF) Evonik is now offering customers cradle-to-gate Life Cycle Assessment (LCA) data for selected EUDRAGIT® functional polymers, using its TÜV-certified LCA methodology to support pharmaceutical companies with transparent environmental data for Scope 3 emissions reporting. The data is currently … Read the full press release →

EnBW’s Largest Offshore Project Nears Operation After Completion of Turbine Installation

(IN BRIEF) EnBW has completed the installation of all 64 wind turbines at the He Dreiht offshore wind farm, Germany’s largest offshore wind project. The turbines, each with a capacity of 15 MW, were installed by Vestas, with further technical … Read the full press release →

New Horizon Europe “CIRCULANDIA” project promotes circular food systems, regenerative agriculture and reusable packaging

THE EUROPEAN COMMISSION HAS AWARDED HORIZON EUROPE FUNDING TO THE IMPLEMENTATION OF THE CIRCULANDIA PROJECT ON CIRCULAR FOOD SYSTEMS WITH A TOTAL BUDGET OF € 9.6 MILLION. (IN BRIEF) The EU-funded CIRCULANDIA project has secured €9.6 million through Horizon Europe … Read the full press release →

Empa Study Links Infrastructure Recycling to Cleaner and More Affordable Renewable Energy Deployment

(IN BRIEF) Empa researchers have found that obsolete fossil fuel infrastructure could provide important raw materials for the energy transition, particularly steel and copper. The study, conducted as part of the EU project CircEUlar and published in Nature Communications, analysed … Read the full press release →

EIB Supports Latvian Energy Security and Sustainable Infrastructure Through Latvenergo Green Bond Investment

(IN BRIEF) The European Investment Bank has committed €20 million to green bonds issued by Latvenergo, Latvia’s state-owned energy company, supporting the company’s latest bond issuance under its European Green Bond framework. The financing will help fund renewable energy and … Read the full press release →

New Covestro TPU Facility in Guangzhou Strengthens Regional Customer Collaboration and Material Innovation

(IN BRIEF) Covestro has opened a new TPU Application Development Center in Guangzhou, China, as part of its strategy to strengthen innovation and customer collaboration across Asia-Pacific. The facility complements the company’s TPU production site in Zhuhai and R&D center … Read the full press release →

EnBW Highlights Record Energy Transition Investments and Renewable Growth at 2026 Annual General Meeting

(IN BRIEF) EnBW Energie Baden-Württemberg AG used its 2026 Annual General Meeting to highlight record investments, strong earnings and its long-term strategy for Germany’s energy transition. The company invested €7.6 billion in 2025, primarily into renewable energy, electricity and gas … Read the full press release →

OMV Invests EUR 65 Million in New Austrian Innovation Hub to Accelerate Sustainable Technology Development

(IN BRIEF) OMV is investing EUR 65 million in the construction of the OMV Innovation Hub Schwechat in Austria, a new research and development center designed to accelerate the company’s technological transformation and climate neutrality strategy. Construction progress has reached … Read the full press release →

LANXESS secures top European ranking in Dow Jones Best in Class Index highlighting continued ESG leadership

(IN BRIEF) LANXESS has once again demonstrated its leadership in sustainability by ranking first in Europe and fifth globally in the Dow Jones Best in Class Index for the chemicals sector. The company achieved strong ESG performance across areas such … Read the full press release →

European Investment Bank Launches Initiative to Accelerate Electric Mobility Across Six Spanish Cities

(IN BRIEF) The European Investment Bank has launched a technical assistance programme to support six Spanish cities—Barcelona, Madrid, Seville, Valencia, Valladolid and Zaragoza—in expanding electric mobility infrastructure and advancing climate neutrality goals. Delivered in collaboration with the European Commission, the … Read the full press release →

TÜV Rheinland Expands Certification and Advisory Services to Accelerate Sustainable Transformation in the Global Real Estate Sector

(IN BRIEF) TÜV Rheinland emphasizes the substantial environmental footprint of the real estate sector, which accounts for up to 40 percent of global greenhouse gas emissions, while highlighting the significant opportunities for climate protection through sustainable construction practices. Certified buildings … Read the full press release →

Horizon 2020 Green Deal Projects Support Office presents breakthrough solutions for Europe’s green transition

(IN BRIEF) The Green Deal Projects Support Office will host a final hybrid event in Brussels on 28 April 2026 to present the results of 73 projects funded under the €1 billion Horizon 2020 Green Deal Call, bringing together policymakers, … Read the full press release →

Strategic Risk Sharing Agreement Between EIB Group and BNP Paribas Expands Lending Capacity for French Businesses

(IN BRIEF) The EIB Group has signed a €112 million synthetic securitisation transaction with BNP Paribas to expand financing for French SMEs, mid-caps and climate-related projects. By taking on part of the credit risk of an existing loan portfolio, the … Read the full press release →

European Investment Bank Provides €380 Million Equivalent Financing to Modernise and Expand Czech High-Voltage Transmission Network

(IN BRIEF) The European Investment Bank has committed 9.3 billion Czech korunas (around €380 million) to support Czech transmission system operator ČEPS in refurbishing and expanding the country’s high-voltage electricity network. The financing, structured in two tranches, will cover up … Read the full press release →

EIB finances €270 million green energy transformation for Karlsruhe’s grid and district heating systems

(IN BRIEF) The European Investment Bank has provided Stadtwerke Karlsruhe with €270 million in long-term financing to modernize Karlsruhe’s electricity grid and expand CO₂-neutral district heating systems. The 24-year loan supports the conversion of overhead lines to underground cables, the … Read the full press release →

Borealis enables STABILO to cut carbon emissions in iconic Point 88 and Pen 68 with Bornewables polypropylene

(IN BRIEF) Borealis has supplied Bornewables™ polypropylene to STABILO, enabling the integration of renewable-based materials into the iconic Point 88 and Pen 68 pens. The collaboration, facilitated by Gehr, allows STABILO to cut carbon emissions without compromising on performance or … Read the full press release →

UniCredit and Rise Europe Join Forces to Cultivate Europe’s Next Generation of Startup Leaders

(IN BRIEF) UniCredit and Rise Europe have entered into a strategic partnership designed to strengthen Europe’s startup ecosystem and drive regional competitiveness. Leveraging UniCredit’s extensive 13-country footprint and corporate networks, the collaboration aims to support Rise Europe’s expansion, help promising … Read the full press release →

EIB and European Commission Renew Agreement to Accelerate Decarbonisation Projects with Innovation Fund Support

(IN BRIEF) The European Commission and the European Investment Bank have renewed the Project Development Assistance (PDA) agreement under the Innovation Fund, providing expanded technical and financial support for innovative decarbonisation projects. The renewed agreement increases the PDA’s budget from … Read the full press release →

Evonik Completes Global Transition of PU-Additive Production to Green Electricity, Strengthening Sustainability Commitment

(IN BRIEF) Evonik has completed the transition of its global PU-additive production sites to green electricity, aligning with its sustainability goals of reducing emissions and improving production efficiency. This shift applies to the company’s amine and silicone platforms, and includes … Read the full press release →

ZF Wind Power Unveils World’s Largest Validation Test Rig to Accelerate Innovation in Wind Turbine Systems

(IN BRIEF) ZF Wind Power has commissioned the world’s largest and most powerful wind powertrain validation test rig, now operational at its Test and Prototype Center in Lommel, Belgium. The 30 MW rig is capable of simulating real-world forces on … Read the full press release →

Neste Champions Renewable Fuels in Tour d’Europe to Accelerate Decarbonization

(IN BRIEF) Neste, a leader in renewable diesel and sustainable aviation fuel, is proud to contribute to the Tour d’Europe initiative—a three-month road trip across 23 countries that demonstrates the decarbonization potential of renewable fuels. With stops planned at Neste … Read the full press release →

MAHLE Achieves Top ‘A’ Rating and Leadership Status in Global Climate Protection Efforts

(IN BRIEF) MAHLE Group has been honored by the Carbon Disclosure Project (CDP) with an “A” rating in the Climate Protection category, along with a new “Leadership” classification. This accolade reflects MAHLE’s significant efforts in reducing CO₂ emissions, as evidenced … Read the full press release →

HSG Leads the Charge: Pioneering EU and Swiss-Funded Projects to Transform Sustainable Agriculture and Land Use

(IN BRIEF) The University of St. Gallen (HSG) is spearheading three innovative projects—Nostradamus, LandShift, and AfroGrow—aimed at promoting sustainable agriculture and land use, with financial support from both the EU’s Horizon Europe programme and the Swiss State Secretariat for Education, … Read the full press release →

EIB, SEB, and Luminor Propel Estonia’s Renewable Energy Ambitions with €62 Million Solar Park Investment

(IN BRIEF) A consortium led by the European Investment Bank in partnership with SEB and Luminor has provided €62 million to Sunly for a new 244 MW solar park in Risti, Estonia. Expected to be the Baltics’ largest photovoltaic facility … 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 →

Continental Tires’ Korbach Plant Earns ISCC PLUS Certification in Sustainability Milestone

(IN BRIEF) Continental Tires’ Korbach plant has achieved ISCC PLUS sustainability certification, confirming the company’s commitment to using renewable and recycled materials in its tire production. This certification ensures traceability of sustainable materials throughout the production process. The plant joins … 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 →

VTTI Unveils VIDA Bioenergy to Drive Growth in Europe’s Biomethane Market

(IN BRIEF) VTTI has launched VIDA bioenergy, a fully owned subsidiary focused on producing renewable energy by converting biomass into biomethane, biogenic CO2, and organic fertilizer. Led by CEO Lars Boetje, VIDA bioenergy will operate independently from VTTI, enabling flexibility … Read the full press release →

Germany’s Urban Heat Transition: E.ON Maps Path to Climate Neutrality

(IN BRIEF) Germany aims for climate neutrality by 2045, focusing on transforming heating systems in major cities like Berlin, Hamburg, Munich, and Cologne. E.ON’s latest data highlights the prevalence of district heating and the adoption of heat pumps, alongside challenges … Read the full press release →

Austrian Industry Giants Spearhead Carbon-Based Value Chain Transformation

(IN BRIEF) Austrian companies Holcim, Verbund, OMV, and Borealis have wrapped up the C2PAT demonstration plant project, aiming to produce carbon-based products from unavoidable CO2 emissions. Instead of a joint pilot plant, each company plans to develop industrially upscaled plants … Read the full press release →

Swedish Collaboration Pioneers Sustainable Construction with Fossil-Free Steel Building

(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release →

DNV and Emirates Steel Arkan Unite to Lead Transformation towards a Sustainable Future

(IN BRIEF) DNV and Emirates Steel Arkan have formed a strategic partnership to accelerate decarbonization efforts in the steel and building materials producer industry. The five-year collaboration aims to achieve net zero emissions in line with the UAE’s climate neutrality … Read the full press release →

The large solar power plant installed at Pierburg SA, a Rheinmetall subsidiary, in Abadanio, Spain now producing solar power

(PRESS RELEASE) DÜSSELDORF, 24-Nov-2022 — /EuropaWire/ — Rheinmetall AG (ETR: RHM), a German integrated technology group active in the automotive and defence industries, has announced that the large solar power plant installed at Pierburg SA, a Rheinmetall subsidiary, in Abadanio, … Read the full press release →

Ørsted and ESVAGT partner over the world’s first service operation vessel (SOV) that will run on green fuels

(PRESS RELEASE) FREDERICIA, Denmark, 8-Apr-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and ESVAGT, a market leader in service and support for offshore … Read the full press release →

E.ON and Vodafone will rely on smart water meters and IoT to detect earlier water pipe bursts across Germany

(PRESS RELEASE) ESSEN, 24-Feb-2022 — /EuropaWire/ — E.ON (ETR: EOAN), one of Europe’s largest operators of energy networks and energy infrastructure, and Vodafone (LON: VOD), a leading technology communications company in Europe and Africa, have announced a new partnership aimed … Read the full press release →