Tag Archives: decarbonization

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

Imerys Achieves Top CDP Climate Rating and Strong ESG Performance in 2024

(IN BRIEF) Imerys has been recognized with an A rating on the CDP Corporate Climate A List for 2024, an improvement from its B score in 2023, underscoring the company’s commitment to reducing greenhouse gas emissions and achieving Science-Based Targets … Read the full press release

Uniper and Kyuden International Partner to Expand Hydrogen and Ammonia Trading in Global Energy Market

(IN BRIEF) Uniper SE and Kyuden International Corporation have signed a Memorandum of Understanding (MoU) to collaborate in hydrogen and ammonia trading, renewable energy, and carbon capture utilization and storage (CCUS). The partnership combines Uniper’s global portfolio of low-carbon and … Read the full press release

Alexion and DHL Express Lead with 100% Transition to Sustainable Aviation Fuel in Europe

(IN BRIEF) Alexion, AstraZeneca Rare Disease, has partnered with DHL Express to become the first company in Ireland to fully transition its air freight operations to 100% Sustainable Aviation Fuel (SAF). This switch will reduce greenhouse gas emissions by over … Read the full press release

Siemens Partners with Guofu Hydrogen and RCT GH Hydrogen to Drive Green Hydrogen Expansion

(IN BRIEF) Siemens has partnered with Guofu Hydrogen and RCT GH Hydrogen to advance the global hydrogen value chain, particularly in the production of electrolyzers and green hydrogen. Siemens will act as the preferred supplier and technology partner, contributing solutions … Read the full press release

Fortum Launches Feasibility Study to Expand Pumped Hydro Storage in Sweden

(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release

Thyssenkrupp Secures Ninth Consecutive Top CDP Climate Rating for Leading Decarbonization Efforts

(IN BRIEF) Thyssenkrupp has achieved the highest rating in the prestigious CDP Climate Rating for the ninth year in a row, recognizing the company’s commitment to decarbonization and transparent emissions reporting. The company’s Decarbon Technologies segment, alongside efforts such as … Read the full press release

ABL Partners with EHCAAN to Accelerate Decarbonization in Egypt’s Aviation Industry

(IN BRIEF) ABL, a global energy and marine consultancy, has partnered with the Egyptian Holding Company for Airports and Air Navigation (EHCAAN) to advance carbon reduction efforts within Egypt’s aviation industry. The MoU, signed on February 3, 2025, focuses on … Read the full press release

Capgemini and Peugeot Sport Renew Partnership to Enhance Hypercar Performance and Drive Decarbonization Efforts

(IN BRIEF) Capgemini has renewed its partnership with Peugeot Sport to continue the development of the 9X8 Hypercar for the FIA World Endurance Championship (FIA WEC), focusing on leveraging AI technologies to enhance performance and reduce Peugeot Sport’s carbon footprint. … Read the full press release

EIB Increases Support for Czech Republic with €2.47 Billion Investment in Key Infrastructure and SMEs

(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … Read the full press release

DHL Group Partners with Neste to Advance Sustainable Logistics and Achieve Net-Zero Emissions by 2050

(IN BRIEF) DHL Group has partnered with Neste to explore renewable solutions, such as renewable diesel and sustainable aviation fuel (SAF), to help the company achieve its goal of net-zero greenhouse gas emissions by 2050. The collaboration aims to reduce … Read the full press release

DNV Explores the Growing Role of Wind-Assisted Propulsion Systems in Maritime Decarbonization

(IN BRIEF) DNV’s new whitepaper examines the growing interest in wind-assisted propulsion systems (WAPS) and their increasing adoption across the shipping industry. The paper explores how WAPS contribute to fuel savings, reduce emissions, and help meet maritime regulations. It also … Read the full press release

Amazon and Iberdrola Expand Renewable Energy Partnership with 476 MW in New PPAs Across Portugal and Spain

(IN BRIEF) Amazon and Iberdrola have expanded their renewable energy partnership with new power purchase agreements (PPAs) in Portugal and Spain, adding 476 MW of renewable capacity to their collaboration. The new agreements include Amazon’s first PPA in Portugal for … Read the full press release

HAROPA PORT Awards €183 Million Contract for Sustainable River Link to Port 2000 in Le Havre

(IN BRIEF) HAROPA PORT has awarded a €183 million contract to a consortium led by VINCI Construction and DEME to create a 1.8 km river channel linking Port 2000 in Le Havre directly to the Seine river basin. The project, … Read the full press release

Equinor Expands Offshore Fleet with New Leonardo AW189 Helicopters to Strengthen NCS Operations

(IN BRIEF) Equinor has awarded Tromsø-based Lufttransport RW AS the contract to operate five new Leonardo AW189 helicopters on the Norwegian Continental Shelf (NCS), enhancing its fleet for offshore transportation services. These helicopters, arriving in 2025 and 2026, will replace … Read the full press release

Hapag-Lloyd and Maersk Launch Gemini Cooperation to Set New Standards in Shipping Reliability and Sustainability

(IN BRIEF) The Gemini Cooperation, a collaboration between Hapag-Lloyd and Maersk, will launch on February 1, 2025, offering an innovative hub-and-spoke network aimed at improving global shipping’s service reliability and connectivity. With around 340 vessels and a target of over … Read the full press release

Infineon Technologies Predicts Gallium Nitride Will Revolutionize Energy Efficiency and Decarbonization Across Multiple Industries

(IN BRIEF) Infineon Technologies highlights the transformative potential of gallium nitride (GaN) in driving energy efficiency and decarbonization across industries such as AI, home appliances, electric vehicles, and robotics. The company anticipates rapid growth in GaN adoption, supported by its … Read the full press release

STMicroelectronics and TotalEnergies Forge Historic PPA to Power Operations with 100% Renewable Energy in France

(IN BRIEF) STMicroelectronics has signed its first physical Power Purchase Agreement (PPA) with TotalEnergies to secure renewable energy for its operations in France. The 15-year contract will deliver 1.5 TWh of clean power from two new wind and solar farms, … Read the full press release

DHL Express and Cosmo Oil Collaborate on First SAF-Powered Cargo Service in Japan, Marking a Milestone for Emission Reduction

(IN BRIEF) DHL Express has signed a landmark deal with Cosmo Oil Marketing Co. Ltd. to purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, set to begin in April 2025. This move will mark the first SAF-powered cargo … Read the full press release