(IN BRIEF) The European Investment Fund (EIF) has committed €35 million to Move Energy’s venture capital “Fund I,” which supports early-stage European ventures focused on decarbonizing power, transport, and buildings—sectors responsible for 55% of global CO₂ emissions. Backed by the … Read the full press release
Posted in Banks, Berlin, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged decarbonization, EIF, EU, Lex Roukens, Marjut Falkstedt, Move Energy, Netherland, partnership, sustainability
(IN BRIEF) A report by IDTechEx forecasts that nearly 25% of planes sold in 2045 will be battery-electric, despite challenges like battery weight, limited range, ownership costs, and variable carbon reduction depending on energy grid sources. Current batteries are 40 … Read the full press release
Posted in Automotive, Aviation & Aerospace, Electronics & Machinery, Environment, Industrial, Marketing, Science, Technology, Transportation & Logistics, United Kingdom
Tagged air travel, aircraft, Alternative fuel, Aviation, aviation fuel, batteries, battery-electric powered, clean energy, decarbonization, Dr James Jeffs, Electric Aircraft, electric airplane, electric planes, electric propulsion, electrification, forecasts, future air travel, Future Aviation Technology, hydrogen, hydrogen planes, IDTechEx, low-carbon energy, market intelligence, REPORT, RESEARCH, SAF, sustainable aviation, sustainable aviation fuel, Sustainable Future Aviation 2025-2045: Trends
(IN BRIEF) Ahlstrom, a global leader in fiber-based specialty materials, has joined the World Business Council for Sustainable Development (WBCSD) to collaborate with industry leaders in addressing major environmental issues like climate change, decarbonization, and biodiversity loss. Guided by its … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Ahlstrom, biodiversity loss, climate change, decarbonization, Global Sustainability Movement, Helen Mets, Johan Lunabba, partnership, Peter Bakker, sustainability, World Business Council for Sustainable Development Membership
(IN BRIEF) OMV has entered power purchase agreements with VERBUND and ImWind to secure 67 GWh of renewable electricity each year, meeting over 35% of its Schwechat refinery and Adria Wien Pipeline’s power needs. The supply, 65% from hydropower and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alfred Stern, decarbonization, ImWind, OMV, partnership, renewable energy, sustainability, VERBUND
(IN BRIEF) At the electronica 2024 trade show in Munich, Infineon Technologies will present its latest semiconductor solutions that drive decarbonization and digitalization, focusing on clean mobility, smart living spaces, and AI applications. Key highlights include the world’s first 300 … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged AI applications, Andreas Urschitz, clean mobility, decarbonization, Digitalization Solutions, electronica 2024, Infineon, smart living spaces, sustainability
(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) with Saint-Gobain to supply renewable electricity to its facilities in France, starting in January 2026. This contract will provide 875 GWh of renewable energy over five years, sourced from TotalEnergies’ … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged decarbonization, France, partnership, renewable energy, Saint-Gobain, Sophie Chevalier, sustainability, Swaroop Srinath, TotalEnergies
(IN BRIEF) Epiroc has secured a USD 150 million, ten-year sustainability-linked loan from the Nordic Investment Bank (NIB) to support its ambitious climate goals aimed at reducing carbon emissions in the mining industry. The agreement is tied to three key … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged André Küüsvek, decarbonization, Epiroc, Mining Industry, NIB, partnership, sustainability, Sweden
(IN BRIEF) E.ON and Siemens have signed a global framework agreement to strengthen E.ON’s public charging infrastructure across Europe. The collaboration will deploy Siemens’ SICHARGE D high-power chargers and Sifinity Control backend system, optimizing network management and reliability. The agreement … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Switzerland, Transportation & Logistics
Tagged Arjan van der Eijk, charging stations, Commercial Vehicles, decarbonization, E.ON, E.ON Drive Infrastructure, electric cars, electric vehicle charging, emobility, Europe, fast charging, Germany, High-Power Chargers, IoT-enabled substations, Italy, Markus Mildner, Megawatt charging, network management, profitability, Public Charging Infrastructure, Road transport, SICHARGE D, Siemens, Siemens Smart Infrastructure, Sifinity Control, Sweden, UK
(IN BRIEF) Repsol and Volotea have formed a strategic partnership to supply over 6 million liters of sustainable aviation fuel (SAF) for Volotea flights from Spanish airports between 2025 and 2029. This collaboration is set to significantly reduce CO2 emissions … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Industrial, Spain, Travel
Tagged 100% renewable fuels, agricultural waste, Airbus, airline industry, animal fats, Biomass, Carlos Muñoz, CO2 emissions reduction, decarbonization, European Union Renewable Energy Directive, Hamburg to Toulouse shuttle, IATA studies, Iberian Peninsula, Madrid to Region of Murcia route, organic materials, ReFuelEU Aviation regulation, renewable diesel, renewable fuels, Repsol, SAF, Spain, sustainable aviation fuel, used cooking oil, Valero Marín, vegetable oils, Volotea
(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
Posted in Business, Economy, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities
Tagged 2045 goal, Berlin, buildings, climate neutrality, CO2 emissions, CO2 reduction, Cologne, decarbonization, digital energy management systems, digital tools, district heating, E.ON, E.ON heat map, energy efficiency, energy solutions, financial benefits, fossil fuel heating systems, gas, German government, Germany, Hamburg, heat pumps, heat transition, heating plans, heating technologies, local authorities, major cities, Marc Spieker, Munich, oil, primary energy consumption, private homeowners, renovation, renovation rates, RWTH Aachen University, sustainability, sustainable heating plans., transparency, urban centers
(IN BRIEF) Siemens has attained the prestigious EcoVadis Platinum rating with an impressive score of 80 points, placing it among the top one percent of over 73,000 companies globally assessed. This recognition marks a significant advancement from Silver in 2021 … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Technology, Telecom
Tagged Circularity, continuous improvement, decarbonization, DEGREE framework, EcoVadis, EcoVadis assessment, energy efficiency, Environment, ESG targets, ethics, Eva Riesenhuber, Global Head of Sustainability, Global Reporting Initiative, global sustainability, GRI standards, ILO conventions, International Labour Organization, international standards, ISO 26000, labor and human rights, performance analysis, Platinum medal, resource efficiency, Siemens, societal impact, sustainability rating, sustainable procurement, technology company, UN Global Compact Principles
(IN BRIEF) Holcim has acquired the Cand-Landi Group, a Swiss company known for its recycling, waste management, aggregates, and ready-mix operations, to boost decarbonization and circular construction efforts. With CHF 70 million in net sales and 250 employees, Cand-Landi will … Read the full press release
Posted in Construction, Environment, Industrial, Investment, Switzerland
Tagged 250 employees, aggregates, alternative fuels, alternative raw materials, Cand-Landi Group, circular construction, construction demolition materials, decarbonization, Eclépens plant, holcim, Miljan Gutovic, ready-mix, recycling, Switzerland, waste management
(IN BRIEF) TotalEnergies has announced two pivotal LNG contracts in Asia, signifying a strategic expansion in its LNG business. The agreements include a sales and purchase agreement (SPA) with Indian Oil Corporation (IOCL) for the delivery of up to 800,000 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged decarbonization, Gregory Joffroy, INDIA, KOREA, partnership, sustainability, TotalEnergies
(IN BRIEF) thyssenkrupp AG and EP Corporate Group (EPCG) have reached an agreement for EPCG to acquire a 20 percent stake in thyssenkrupp’s steel business, with discussions ongoing for a further 30 percent acquisition, aiming to form an equal 50/50 … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Daniel Křetínský, decarbonization, EPCG, Miguel López, partnership, steel business, sustainability, ThyssenKrupp
(IN BRIEF) Yara’s first-quarter 2024 earnings saw a decline, with EBITDA down by 11% compared to the previous year, primarily attributed to lower prices. Despite this, total deliveries surged by 12%, notably in Europe, which saw a 37% increase. The … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Industrial, Investment, Management, News, Norway
Tagged decarbonization, earnings, Financial, investment, sustainability, Svein Tore Holsether, Yara
(IN BRIEF) Hydro has inaugurated the Høyanger Recycling facility, a significant step in its commitment to decarbonize the aluminium value chain and foster a circular economy. With an investment of NOK 240 million, the purpose-built facility, located near its primary … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology
Tagged decarbonization, Eivind Kallevik, Hydro, Høyanger Recycling facility, partnership, Recycling Capacity, sustainability
(IN BRIEF) AIXTRON, renowned for its semiconductor deposition equipment, secures the prestigious German Innovation Award, topping the large companies’ category. Recognized for innovations driving Germany’s competitiveness and addressing global challenges, AIXTRON’s latest G10 product family heralds a new era in … Read the full press release
Posted in Awards, Germany, Industrial, Technology
Tagged AIXTRON, AIXTRON SE, Compound semiconductors, decarbonization, digitization, Dr. Felix Grawert, GaAs, Gallium Arsenide, gallium nitride, GaN, German Innovation Award, Green technology, Prof. Dr. Michael Heuken, Semiconductor industry, SIC, silicon carbide
(IN BRIEF) A new study by DNV reveals that collaborative efforts towards decarbonizing the energy supply in ASEAN member states could lead to a staggering reduction of USD 800 billion in costs by 2050. The study contrasts three scenarios: individual … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged ASEAN, Brice Le Gallo, decarbonization, DNV, Mats de Ronde, partnership, sustainability
(IN BRIEF) Eni, Fincantieri, and RINA, prominent Italian entities in energy, shipbuilding, and engineering consultancy respectively, have solidified an agreement to spearhead initiatives targeting the decarbonization of the maritime sector. Their collaborative efforts aim to develop sustainable alternatives, explore new … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged alliance, Carlo Luzzatto, decarbonization, Energy Giants, Eni, Fincantieri, Giuseppe Ricci, Italy, maritime, partnership, Pierroberto Folgiero, RINA, sustainability
(IN BRIEF) The Norwegian government, along with industry associations and trade unions, has finalized an agreement on the future of the Norwegian CO2 compensation scheme, slated to be effective from 2024 to 2030. This agreement, encompassing a maximum annual CO2 … Read the full press release
(IN BRIEF) thyssenkrupp Veerhaven, the Dutch logistics subsidiary of thyssenkrupp Steel Europe, is embarking on a groundbreaking initiative to design and commission climate-friendly pusher tugs for its fleet renewal. These innovative vessels, fueled by methanol and optimized for low-water capabilities, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, Netherlands, News, Transportation & Logistics
Tagged climate-friendly, decarbonization, Frank Tazelaar, partnership, Rotterdam, Steel Supply Chain, sustainability, ThyssenKrupp, thyssenkrupp Veerhaven
(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release
(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
Posted in Austria, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Technology
Tagged Borealis, carbon capture, Carbon Utilization, circular economy, climate neutrality, CO2 emissions, Cross-Sector Collaboration, decarbonization, GREEN HYDROGEN, holcim, Industrial Scale Projects, INNOVATION, OMV, renewable energy, VERBUND
(IN BRIEF) Yara Brasil Fertilizantes S.A. (Yara) and Petrobras have entered into a non-binding Memorandum of Understanding (MOU) aimed at exploring potential business collaborations concerning the production and decarbonization of local fertilizer and industrial products in Brazil. With Brazil being … Read the full press release
Posted in Agriculture, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged Brasil, decarbonization, fertilizer, industrial sectors, partnership, Petrobras, sustainability, Yara
(IN BRIEF) Hydro, a global aluminium producer, has partnered with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance decarbonization efforts. Through this collaboration, Hydro aims to leverage research expertise and innovative technologies to reduce emissions in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, Norway, Technology
Tagged alumina refinery, Alunorte, Bauxite & Alumina, Brazil, decarbonization, Equinor ASA, HILT CRC, Hydro, Hydro REIN, industrial decarbonization research, Jenny Selway, Mendubim, Raphael Costa, Scatec, solar energy, Ventos de São Zacarias, zero emissions
(IN BRIEF) The Singapore Hydrogen Cooperation Committee, formed by Airbus, Changi Airport Group, Civil Aviation Authority of Singapore (CAAS), and Linde, is advancing hydrogen fuel’s potential role in the nation’s aviation decarbonization strategy. Tasked with examining regional hydrogen market dynamics, … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Airbus, Changi Airport Group, Civil Aviation Authority of Singapore (CAAS), decarbonization, Hydrogen Fuel, John Panikar, Linde, Mr Han Kok Juan, Ms Poh Li San, partnership, Sabine Klauke, Singapore, Singapore Aviation Committee, sustainability
(IN BRIEF) Boels Rental has entered into a €100 million lending agreement with the European Investment Bank (EIB) to advance its decarbonization efforts in the rental machinery and equipment sector. This partnership is expected to serve as a model for … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News
Tagged Boels Rental, decarbonization, EIB, Electrify Rental Machinery, financing, Kris Peeters, Netherlands, partnership, Pierre Boels, sustainability
(IN BRIEF) Spotr, a Dutch AI-powered property data platform, has secured €4.5 million in funding from EDF Pulse Ventures and existing investors to advance its mission of creating a vast image-driven property database. This funding will help Spotr address critical … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities, Netherlands, Real Estate, Technology
Tagged AI, AI-powered, combating underinsurance, decarbonization, Digital Twin, Dirk Huibers, EDF Group, EDF Pulse Ventures, funding, housing, InnovationQuarter, Julien Villeret, Machine Learning, property data platform, property database, Spotr, Volta Ventures
(IN BRIEF) Henkel, a global leader in adhesives, participated in a panel discussion hosted by Schneider Electric at the United Nations Climate Change Conference (COP28). The panel, titled “Beyond Carbon – Decarbonizing the Supply Chain for a Greener Tomorrow,” focused … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Government, Industrial, Management, Media, News
Tagged climate change conference, COP28, decarbonization, Dr. Philipp Loosen, Henkel, partnership, Schneider Electric, supply chain, sustainability, UN
(IN BRIEF) Scania has unveiled a new range of biogas engines that are coupled with two-thirds of the successful Super-based powertrain, comprising G25 gear-boxes and axles from the diesel sibling. This harmonious combination has proven to deliver significant fuel savings … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Sweden, Transportation & Logistics
Tagged Biogas Engines, decarbonization, Ola Henriksson, powertrain, Scania, sustainability
(IN BRIEF) Siemens has released its Sustainability Report for fiscal year 2023, highlighting substantial progress in sustainability efforts. Since 2019, the company has reduced its own CO2 emissions by 50%. Over 90% of Siemens’ business supports sustainability, helping customers avoid … Read the full press release
(IN BRIEF) Scania, a leader in the transportation industry, has announced a significant step in its commitment to sustainability by making its supply chain decarbonization target mandatory for purchasing requirements. The company aims to transform its supply chain by targeting … Read the full press release
(IN BRIEF) Malta Inc., a leader in long-duration energy storage (LDES), has announced a grant awarded to its German subsidiary for a €9-million project aimed at expediting Germany’s energy transition efforts. The project, supported by the German Federal Ministry for … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Alasdair Maciver, Alfa Laval, decarbonization, Deutsches Zentrum für Luft- und Raumfahrt (DLR), energy transition, Malta Inc., partnership, Prof. Dr. André Thess, Ramya Swaminathan, Siemens Energy Germany, Sigmund Brielmaier, sustainability
(IN BRIEF) Scania and SSAB, two leading companies in the transportation and steel industries, have signed a letter of intent to eliminate carbon emissions from all steel deliveries from SSAB to Scania’s heavy-duty vehicles by 2030. This ambitious goal includes … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden, Technology, Transportation & Logistics
Tagged Christian Levin, decarbonization, fossil-free steel, heavy duty vehicles, Martin Lindqvist, partnership, Scania, SSAB, Steel Deliveries, sustainability
(IN BRIEF) Enilive, a subsidiary of Eni focused on sustainable mobility, and the Lannutti Group, a prominent player in the logistics and road transport sector, have entered into an agreement to utilize HVOlution, a renewable diesel fuel derived from 100% … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a €50 million loan agreement with Bocconi University in Milan to support the modernization and decarbonization of its campus facilities. This initial tranche of €30 million will fund the construction, renovation, … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bocconi University, Campus Upgrades, decarbonization, EIB, Gelsomina Vigliotti, modernization, partnership, REPowerEU, Riccardo Taranto, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €100 million emergency liquidity loan to JSC Elektrani na Severna Makedonija (ESM), the public electricity utility of North Macedonia. This loan aims to enhance ESM’s financial stability, … Read the full press release
(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
(IN BRIEF) Robert Habeck, Germany’s Vice-Chancellor and Minister for Economic Affairs and Climate Action, pledges around two billion euros in funding to thyssenkrupp Steel’s “tkH2Steel” decarbonization project. The joint effort with the state government of North Rhine-Westphalia aims to revolutionize … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Government, Industrial, Metals and Minerals, Politics
Tagged Bernhard Osburg, decarbonization, green steel transformation, hydrogen, hydrogen-capable direct reduction technology, Miguel Ángel López Borrego, Mona Neubaur, North Rhine-Westphalia, Robert Habeck, steel production, Tekin Nasikkol, ThyssenKrupp, ThyssenKrupp AG, thyssenkrupp Steel, tkH2Steel
(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s wind and solar PV projects in Spain, with a total capacity of 1.1 GW. The first tranche of €400 million will accelerate the energy … Read the full press release
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