Tag Archives: decarbonization

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

EQT Infrastructure VI Surpasses EUR 21 Billion Commitment Target with Global Investor Support

(IN BRIEF) EQT Infrastructure VI, EQT’s flagship infrastructure fund, has successfully closed at EUR 21.5 billion in total commitments, including EUR 21.3 billion in fee-generating assets, exceeding its EUR 20 billion target and marking a 35 percent growth over its … Read the full press release

Eni and Saipem Accelerate Biofuel Transformation with Expanded Biorefinery Projects

(IN BRIEF) Eni and Saipem have deepened their collaboration, expanding on their previous agreement to advance projects that focus on building new biorefineries and converting traditional refineries into more sustainable, biofuel-producing facilities. Eni’s aim to decarbonize its processes is supported … Read the full press release

University of East London Teams Up with Siemens to Harness Thames Heat for Major Campus Decarbonization

(IN BRIEF) The University of East London is expanding its strategic partnership with Siemens Smart Infrastructure by installing a state-of-the-art water source heat pump that harnesses thermal energy from the River Thames. This pioneering system, set to replace gas boilers … Read the full press release

EIB and Ayvens Launch EUR 700 Million Initiative to Electrify 19,000 Commercial Vehicles in Europe

(IN BRIEF) The European Investment Bank (EIB) has issued its first green loan, signing a EUR 700 million financing agreement with sustainable mobility leader Ayvens in December 2024. The deal, which splits into a EUR 350 million EIB credit and … Read the full press release

INERATEC Secures €70 Million in Funding to Scale Up Sustainable e-Fuel Production for Aviation and Beyond

(IN BRIEF) INERATEC secures €40 million in venture debt from the European Investment Bank and €30 million in grants from Breakthrough Energy Catalyst to expand its e-Fuel production capacity. The funding supports the development of Europe’s largest sustainable e-Fuel plant … Read the full press release

ABB Strengthens Leadership in Smart Building Solutions with Acquisition of Siemens’ Wiring Accessories Business in China

(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release

ANDRITZ Wins Major Order to Engineer Green Hydrogen Plant in Rostock, Germany

(IN BRIEF) ANDRITZ has secured a major order to provide authority engineering services for a 100 MW green hydrogen plant in Rostock, Germany, placed by the joint venture REPCO, which includes major energy companies such as RWE, EnBW, RheinEnergie, and … Read the full press release

Rothesay Commits £150m to Boost UK Social Housing Retrofit with NWF and THFC

(IN BRIEF) Rothesay has committed £150m to a new unsecured debt facility for social housing retrofitting, launched by the National Wealth Fund (NWF) and The Housing Finance Corporation (THFC). The facility, with an initial £150m guarantee from the NWF, enables … Read the full press release

ZF to Showcase Innovative CeTrax 2 e-Drive and Automated Transport Solutions at Mobility Move 2025

(IN BRIEF) ZF will present its latest innovations for public transport at the Mobility Move conference and trade fair in Berlin from April 1-3. The company will showcase the German debut of its CeTrax 2 electric central drive, which offers … Read the full press release

EU Co-Finances E.ON-Led DRIVE-E Project to Boost Charging Infrastructure Across 13 European Countries

(IN BRIEF) The EU will co-finance the installation of 1,400 new charging points across Europe, with 430 dedicated to heavy-duty electric trucks, as part of the DRIVE-E Global project. This €45 million initiative, led by E.ON, aims to strengthen Europe’s … Read the full press release

Salzgitter and ANDRITZ Break Ground on 100 MW Green Hydrogen Plant for Low-Carbon Steel Production

(IN BRIEF) Salzgitter has officially broken ground on a 100 MW electrolysis plant designed to produce green hydrogen for low-carbon steel production as part of its SALCOS® program. The project, set to deliver hydrogen starting in 2026, will play a … Read the full press release

Siemens Mobility Secures Framework Agreement for Up to 50 Vectron Locomotives with RIVE Private Investment and Northrail

(IN BRIEF) Siemens Mobility has signed a major framework agreement with RIVE Private Investment and Northrail for up to 50 Vectron locomotives. The deal includes an initial 15 locomotives and an eight-year full-service contract, with options to purchase additional locomotives … Read the full press release

Wood Selected to Provide Operations and Maintenance for World’s Largest Membrane-Based Carbon Capture Plant

(IN BRIEF) Wood has secured a contract to deliver operations and maintenance services for the MTR Carbon Capture facility in Gillette, Wyoming, the largest membrane-based carbon capture plant globally. This facility is part of the U.S. Department of Energy’s pilot … Read the full press release

KKR Expands Stake in Enilive with €587.5 Million Investment to Strengthen Sustainable Mobility Strategy

(IN BRIEF) KKR has increased its stake in Enilive by purchasing an additional 5% of the company’s share capital, with a €587.5 million investment. This move aligns with KKR’s previously announced commitment and underscores the market’s confidence in Enilive’s business … Read the full press release

Schaeffler to Highlight Sustainable Innovations at bauma 2025 for the Construction Equipment Industry

(IN BRIEF) Schaeffler will demonstrate its cutting-edge products for the construction equipment sector at bauma 2025, showcasing technologies aimed at improving energy efficiency and reducing total cost of ownership. Highlights include low-friction rolling bearings, Ewellix electromechanical linear actuators, and highly … Read the full press release

KfW IPEX-Bank Extends EUR 50 Million Loan to Kölner Verkehrs-Betriebe for Sustainable Public Transport Investments

(IN BRIEF) KfW IPEX-Bank has granted Kölner Verkehrs-Betriebe (KVB), a subsidiary of Stadtwerke Köln, a EUR 50 million loan to fund the transition towards more sustainable public transportation. The investment will support the acquisition of electric buses and the development … Read the full press release

UAE-France Strategic Alliance Fuels Clean Energy Expansion in Africa and Asia

(IN BRIEF) A new partnership, strengthened by the UAE-France High-Level Business Council and the UAE-France Framework for Cooperation in Artificial Intelligence, is set to bolster clean energy access in emerging markets. Masdar, TotalEnergies, and EPointZero have formalized a collaboration to … Read the full press release

EIF Launches €200M Green Private Credit Fund to Drive Sustainability and Support Women Entrepreneurs in Europe

(IN BRIEF) The European Investment Fund (EIF) has launched the Green Private Credit fund, aimed at advancing Europe’s green transition and decarbonizing small and medium-sized enterprises (SMEs). The fund, with a target size of EUR 200 million, will generate up … Read the full press release

Outokumpu Completes Feasibility Study for Small Modular Reactor Project, Seeks External Investment for Development

(IN BRIEF) Outokumpu has completed a feasibility study for the potential construction of a Small Modular Reactor (SMR) near its Tornio plant in Finland, aimed at enhancing low-carbon energy availability. The study confirms the project’s feasibility and outlines several advantages, … Read the full press release