Tag Archives: electricity grid

50Hertz Welcomes Christine Janssen as New CFO to Lead Financial Strategy Amid Energy Transition

(IN BRIEF) 50Hertz Transmission GmbH has appointed Christine Janssen as its new Chief Financial Officer, succeeding Marco Nix who became CFO of Elia Group earlier this month. Janssen brings deep expertise in finance, regulation, and energy systems from her previous … Read the full press release

Terna to Enhance Power Grid in Syracuse and Catania with €20M Underground Cable Project

(IN BRIEF) Terna has initiated public consultation on a €20 million project to install a 150 kV underground cable between Augusta and Augusta 2 in Sicily, aiming to improve grid reliability and efficiency. The new infrastructure will replace 52 km … Read the full press release

EIB Finalizes €405 Million Loan to Power Poland’s Energy Transition with Major Grid Upgrades

(IN BRIEF) The European Investment Bank has signed a loan agreement of 1.7 billion Polish zlotys (€405 million) with Orlen, which will finance major upgrades to Poland’s electricity network through its subsidiary, Energa Operator. This installment is the final tranche … Read the full press release

EIB Boosts Dutch Grid Resilience with €500 Million Loan to Stedin

(IN BRIEF) The European Investment Bank has granted a €500 million loan to Dutch grid operator Stedin to enhance and expand its electricity distribution network over 2025–2026. The financing will support upgrades to Medium and Low Voltage systems in Zuid-Holland, … Read the full press release

RWE Launches Major Battery Storage Systems to Support Energy Grid Stability in Germany

(IN BRIEF) RWE has launched one of Germany’s largest battery storage systems at its Hamm and Neurath sites, providing 220 MW of capacity to help stabilise the electricity grid. The system contributes to energy market balancing and is integrated into … Read the full press release

Terna Invests €50 Million in Underground Cable Project to Enhance Transmission Efficiency and Reduce Environmental Impact

(IN BRIEF) Terna has announced an investment of approximately €50 million to convert a portion of the “Mercallo – Cameri” power line into a 132 kV underground cable, aimed at enhancing energy transmission efficiency while minimizing environmental impact. The project … Read the full press release

EIB Provides €70 Million Loan for Stadtwerke Reutlingen’s Infrastructure Investment

(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release

Terna Secures Approval for Major Power Line Modernization Project to Improve Naples’ Electrical Infrastructure

(IN BRIEF) Terna has received approval from the Italian Ministry of the Environment and Energy Security for a major project to modernize the 220 kV “Patria – Sant’Antimo” power line in Naples. The project will involve the construction of an … Read the full press release

Terna Initiates €38 Million Project to Enhance Electricity Grid in Caserta and Naples

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, embarks on a significant project to revamp the electricity grid in certain areas of Caserta and Naples, with an investment exceeding 38 million euros. The initiative aims to diminish the … Read the full press release

European Union Celebrates Second Anniversary of Ukraine-Moldova Electricity Grid Synchronisation Amidst Ongoing Support

(IN BRIEF) Today marks the second anniversary of the synchronisation of Ukraine’s and Moldova’s electricity grids with the Continental European Network, a critical achievement in light of concerns over energy security following Russia’s invasion of Ukraine in 2022. Completed in … Read the full press release

Terna Invests €45 Million in Upgrading Sardinia’s Electricity Grid

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, is set to invest approximately 45 million euros in enhancing the resilience, reliability, and sustainability of the electricity grid in the Alghero and Putifigari municipalities of Sassari province, Sardinia. The … Read the full press release

EIB Approves PLN 2 Billion for ENEA’s Electricity Grid Modernization in Poland, Boosting Sustainability and Energy Reliability

(IN BRIEF) The European Investment Bank (EIB) has given its approval for a second loan tranche of PLN 1 billion to ENEA to support the modernization and renovation of the electricity distribution network in western Poland. This follows the first … Read the full press release

Terna Modernizes Naples Metropolitan Area’s Electricity Grid with Sustainable Technology

(IN BRIEF) Terna, Italy’s national grid operator, is continuing its modernization efforts for the electricity grid in the metropolitan area of Naples. This phase involves replacing a 5 km underground cable with a more reliable and sustainable XLPE (cross-linked polyethylene) … Read the full press release

Terna and Autonomous Province of Bolzano Sign Agreement for Eisack Valley Electricity Grid Restructuring

(IN BRIEF) Terna, in collaboration with the Autonomous Province of Bolzano, has signed an agreement to facilitate the restructuring of the electricity grid in the Eisack Valley. The project, with an investment of 300 million euros, involves the demolition of … Read the full press release

Terna Completes Aerial Monitoring of Electricity Grid in Abruzzo Using Helicopters and Infrared Technology

(IN BRIEF) Terna, the company managing the national transmission grid, has completed aerial monitoring activities of the electricity grid in Abruzzo using helicopters from its fleet. The inspections covered approximately 2160 km of overhead lines, ensuring total efficiency of the … Read the full press release

Terna, the first grid operator for electricity transmission in Europe, joins the “Stanford Energy Corporate Affiliates” (SECA) programme, the corporate affiliate program for the Precourt Institute for Energy

(PRESS RELEASE) ROME, 7-Oct-2022 — /EuropaWire/ — Terna S.p.A. (BIT: TRN), the first grid operator for electricity transmission in Europe, has announced that it joined the “Stanford Energy Corporate Affiliates” (SECA) programme, the corporate affiliate program for the Precourt Institute … Read the full press release

Major energy companies consider the option of building a floating offshore wind farm off the coast of Bergen, Norway

(PRESS RELEASE) STAVANGER, 17-Jun-2022 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced that the company is part of a new project for the construction … Read the full press release

Große Energieunternehmen erwägen die Möglichkeit, vor der Küste von Bergen, Norwegen, einen schwimmenden Offshore-Windpark zu bauen

(PRESSEMITTEILUNG) STAVANGER, 17-Jun-2022 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), ein Öl- und Gasunternehmen , Wind- und Solarenergieunternehmen, das weltweit in mehr als 30 Märkten tätig ist, hat bekannt gegeben, dass das Unternehmen Teil eines neuen Projekts für den Bau … Read the full press release

EBRD invests over EUR 20 million in the first ever company in the Baltic to issue sustainability-linked bond

EBRD invests €22.5 million to anchor €75 million issuance by EPSO-G EPSO-G is the first ever Baltic company to issue Sustainability-Linked Bond By diversifying EPSO-G funding, bond supports Lithuania’s grid integration with the EU electricity network (PRESS RELEASE) LONDON, 6-Jun-2022 — /EuropaWire/ … Read the full press release

Die EBWE investiert über 20 Millionen Euro in das allererste Unternehmen im Baltikum, das eine nachhaltigkeitsgebundene Anleihe begibt

Die EBWE investiert 22,5 Millionen Euro, um die Emission von 75 Millionen Euro durch EPSO-G zu verankern EPSO-G ist das erste baltische Unternehmen, das eine nachhaltigkeitsbezogene Anleihe begibt Durch die Diversifizierung der EPSO-G-Finanzierung unterstützt die Anleihe Litauens Netzintegration mit dem … Read the full press release