Tag Archives: decarbonization

DNV Supports Major Battery Storage Transaction in Germany as TotalEnergies Sells Stake to Allianz Global Investors

(IN BRIEF) DNV acted as technical advisor to TotalEnergies in the sale of a 50 percent stake in a large battery storage portfolio in Germany to Allianz Global Investors, in a deal valued at approximately EUR 500 million. The portfolio … Read the full press release

STRABAG Advances Decarbonization Strategy with Science Based Targets Initiative Approval for Emissions Reduction Plan

(IN BRIEF) STRABAG has secured validation from the Science Based Targets initiative for its climate goals through 2030, committing to a 42 percent reduction in direct and energy-related emissions and a 25 percent reduction across its value chain. The company’s … Read the full press release

MAHLE Strengthens Its Sustainability Strategy Through Title Sponsorship of the Eco Rallye de la Comunitat Valenciana

(IN BRIEF) MAHLE is reinforcing its long-standing commitment to sustainable mobility and decarbonization through its title sponsorship of the MAHLE Eco Rallye Comunitat Valenciana, which opens the 2026 Eco Rallye season. Recognized as Spain’s first carbon-neutral motorsport event and holder … Read the full press release

Garanti BBVA surpasses TL 1 trillion in sustainable finance and reinforces long-term climate and nature-focused strategy

(IN BRIEF) Garanti BBVA has surpassed TL 1 trillion in sustainable finance as of January 2026, in line with its updated TL 3.5 trillion target for 2018–2029, reflecting its long-term commitment to financing projects with positive environmental and social impact. … Read the full press release

Henkel Adhesive Technologies advances portfolio transformation with stricter sustainability methodology and deeper customer insights

(IN BRIEF) Henkel Adhesive Technologies has advanced its sustainability strategy by updating its portfolio assessment methodology with stricter, independently audited criteria and by expanding its digital reporting platform, HEART, to include use-phase emissions in addition to cradle-to-gate Product Carbon Footprints. … Read the full press release

New Vattenfall Research Highlights Rising Consumer Commitment to Fossil-Free Energy and Lasting Changes in Everyday Habits

(IN BRIEF) Vattenfall’s latest Energy Barometer reveals that while European consumers are broadly optimistic about the energy transition, most believe stronger government support is needed to drive meaningful progress. The survey, conducted by Statista across five countries, shows that half … Read the full press release

Allianz Global Investors Expands European Renewable Portfolio with Minority Stake in French Offshore Wind Project

(IN BRIEF) Allianz Global Investors has acquired a 20.25% minority stake in the îles d’Yeu et Noirmoutier offshore wind farm in France from Ocean Winds, marking the first offshore wind partnership between the two groups and Allianz’s first such investment … Read the full press release

DNV Supports USD 325 Million Financing for Major Battery and Solar Portfolio in Chile

(IN BRIEF) DNV acted as market consultant on a USD 325 million financing package for T Power, a renewable energy platform managed by Toesca, supporting the development of one of Chile’s largest battery energy storage systems alongside a broad solar … Read the full press release

thyssenkrupp Secures Tenth Consecutive Place on CDP Climate A List for Transparent Carbon Reporting and Decarbonization Progress

(IN BRIEF) thyssenkrupp has been named to CDP’s Climate A List for the tenth consecutive year, reflecting its transparent carbon reporting and sustained progress in climate protection. The recognition places the company among a small group of global climate leaders … Read the full press release

TÜV Rheinland Completes Burotec Integration to Expand Inspection, Engineering, and Safety Services in Non-Regulated Markets

(IN BRIEF) TÜV Rheinland has completed the full integration of Burotec, a Spanish company specializing in inspection, engineering, and safety services, following its acquisition in October 2023. The integration expands TÜV Rheinland’s service portfolio in non-regulated markets and strengthens its … Read the full press release

ABB Wins Major Contract to Support Rotterdam’s Transition to Zero-Emission Port Operations

(IN BRIEF) ABB has signed contracts with Rotterdam Shore Power to engineer and construct shore power systems with a combined capacity of more than 100 MVA at the Port of Rotterdam. The installations, scheduled to begin operation in the second … Read the full press release

Hapag-Lloyd Commits Over USD 500 Million to New Container Ships Supporting Fleet Deccarbonization

(IN BRIEF) Hapag-Lloyd has strengthened its commitment to fleet modernization and decarbonization by ordering eight new 4,500 TEU container ships from CIMC Raffles, with deliveries planned for 2028 and 2029 and an investment exceeding USD 500 million. Equipped with dual-fuel … Read the full press release

Organizations prioritize building efficiency and digitalization as Siemens highlights shift toward autonomous infrastructure

(IN BRIEF) A new global Siemens study reveals that energy efficiency in buildings has risen to the number-one infrastructure priority for organizations — up from seventh in 2023. The Infrastructure Transition Monitor 2025, based on responses from 1,400 executives across … Read the full press release

Bilfinger drives decarbonization progress at Fortum CHP plant with biomass transition and P2H integration

(IN BRIEF) Bilfinger has completed a key milestone in Fortum’s €100 million modernization of its Częstochowa CHP plant in Poland as part of the company’s move away from fossil fuels. Under a contract awarded in 2024, Bilfinger is providing full … Read the full press release

Early Start-Up of Congo LNG Phase 2 Expands Production Capacity and Positions Eni for First LNG Export in 2026

(IN BRIEF) Eni has begun Phase 2 of the Congo LNG project ahead of schedule following the arrival of the Nguya FLNG unit and the introduction of gas into the new offshore system. The expanded configuration includes three production platforms, … Read the full press release

EIF Strengthens European Cleantech Growth with €70 Million Investment in Alantra’s Klima2 Energy Transition Fund

(IN BRIEF) The European Investment Fund has committed €70 million to Alantra’s Klima Energy Fund II, a growth-stage investment vehicle focused on scaling cleantech companies essential to Europe’s energy transition. Building on the successful track record of Klima1, the new … Read the full press release

EQT Foundation Backs UK Startup Milvus Advanced as It Develops High-Performance Nanomaterials to Replace Rare Metals in Energy Technologies

(IN BRIEF) EQT Foundation has invested €200,000 in Milvus Advanced as part of a £5 million Seed round supporting the UK startup’s development of nanomaterials that can replace scarce platinum group metals in clean energy technologies. Milvus’s platform uses abundant … Read the full press release

TotalEnergies and Google Sign 15-Year Renewable Power Agreement to Supply 1.5 TWh of Clean Energy to Ohio Data Centers

(IN BRIEF) TotalEnergies and Google have signed a 15-year Power Purchase Agreement for 1.5 TWh of renewable electricity from the Montpelier solar farm in Ohio to power Google’s local data centers. The agreement strengthens the companies’ shared commitment to advancing … Read the full press release

MTU Aero Engines showcases future-ready propulsion technologies and MRO leadership at Dubai Airshow 2025

(IN BRIEF) MTU Aero Engines will showcase its full engine innovation spectrum at the Dubai Airshow 2025, including the Flying Fuel Cell™ and the EJ200 Eurofighter Typhoon engine, alongside an extensive presentation of its MRO portfolio. With a growing presence … Read the full press release

DNV launches London Cruise Centre to enhance decarbonization, innovation, and local support for Europe’s cruise industry

(IN BRIEF) DNV has inaugurated its London Cruise Centre to provide enhanced, time-zone-aligned support for cruise operators, shipyards, and ports across Europe. The centre will focus on helping the cruise industry address growing complexity through decarbonization, digitalization, and regulatory compliance. … Read the full press release