Tag Archives: electrification

Iberdrola chairman urges faster electrification and stronger grid investment at European industry summit in Sweden

(IN BRIEF) Iberdrola Executive Chairman Ignacio Galán has called for faster electrification, stronger electricity grid investment and simplified administrative procedures during the European Round Table for Industry plenary meeting in Sweden. Speaking alongside European Commission President Ursula von der Leyen … Read the full press release

Fortum launches Kalla hydrogen testing facility to support Nordic decarbonisation goals

(IN BRIEF) Fortum has inaugurated the Kalla Test Center in Loviisa as part of its long-term hydrogen development strategy. The €20 million pilot-scale facility will test and compare hydrogen production technologies under real operating conditions and is expected to become … Read the full press release

Iberdrola Begins Operations at Landmark Portuguese Wind-Hydro Hybrid Energy Project

(IN BRIEF) Iberdrola has begun commissioning the Tâmega Norte wind farm in Portugal as part of the Tâmega Complex, the first grid-connected hybrid wind-hydro renewable energy project on the Iberian Peninsula. The project combines two wind farms with a pumped-storage … Read the full press release

E.ON reports solid start to 2026 as investments in energy infrastructure and grid modernization support earnings growth

(IN BRIEF) E.ON reported higher earnings and continued investment growth during the first quarter of 2026 despite challenging geopolitical and market conditions. Adjusted Group EBITDA rose to €3.3 billion, while adjusted net income increased to €1.34 billion. The company maintained … Read the full press release

SEB Outlook Examines How Global Energy Security Concerns Are Reshaping Sustainable Finance and Industrial Decarbonisation

(IN BRIEF) SEB’s latest Sustainable Finance Outlook examines how geopolitical disruptions linked to the Middle East conflict are accelerating the global transition toward clean energy systems and alternative fuels. The report argues that Europe’s continued dependence on imported fossil fuels … Read the full press release

ABB Expands Medium-Voltage Production Capacity Across Europe to Support Power Grid Modernization

(IN BRIEF) ABB will invest approximately $200 million across Europe over the next three years to expand medium-voltage manufacturing capacity and support the modernization of electricity grids. The investment program includes a major new $100 million facility in Italy focused … Read the full press release

Italian Industrial Companies Sign New Solar Power Agreements with Iberdrola Under Energy Release 2.0

(IN BRIEF) Iberdrola has reached 5 million megawatt hours of electricity sold in Italy through long-term renewable energy power purchase agreements after signing five new contracts with major industrial companies in sectors including chemicals, manufacturing and food and beverage production. … Read the full press release

Schaeffler Showcases Integrated BEV and Hybrid Powertrain Innovations Ahead of 2026 Automotive Symposium in Bühl

(IN BRIEF) Schaeffler is strengthening its role in the transition to electrified mobility by offering a broad and flexible portfolio of powertrain technologies covering battery electric, hybrid, and range extender vehicles. At the 13th Schaeffler Automotive Symposium in Bühl, the … Read the full press release

Fortum Calls for Early Policy Action to Enable Nuclear Investment and Strengthen Nordic Energy Competitiveness

(IN BRIEF) Fortum is advocating for early planning and policy development to support new nuclear power in Finland, positioning it as a key driver of economic growth, energy stability, and industrial competitiveness. Drawing on recent studies, including analysis by AFRY … Read the full press release

ABB Secures Major Contract to Support Eva Copper Mine Development and Strengthen Global Copper Supply

(IN BRIEF) ABB has been awarded a contract to supply gearless and ring-geared mill drive systems for the Eva Copper Mine Project in Queensland, Australia, developed by Harmony Gold. The project is expected to produce around 60,000 tonnes of copper … Read the full press release

NIB Strengthens Norwegian Power Infrastructure with €174 Million Loan for Capacity Expansion and Grid Modernisation

(IN BRIEF) The Nordic Investment Bank has provided a €174.3 million loan to Statnett to support key upgrades to Norway’s transmission grid, including the Surna–Viklandet line and the Frogner substation. These projects aim to increase transmission capacity, reduce bottlenecks, and … Read the full press release

Statnett Confirms AFRY as Client Representative for Strategic Onarheim Substation Development in Western Norway

(IN BRIEF) AFRY has been appointed by Statnett as client representative and project management partner for the execution of a new transformer substation at Onarheim in Western Norway, a 420/300/132 kV facility designed to enhance grid capacity, reliability, and flexibility … Read the full press release

Iberdrola Strengthens UK Energy Infrastructure with £600 Million National Wealth Fund Financing for Eastern Green Link 4 Project

(IN BRIEF) Iberdrola, through ScottishPower, has secured £600 million in financing from the National Wealth Fund to advance the Eastern Green Link 4 project, a major subsea electricity interconnector linking Scotland and England. The 2GW, 530 km HVDC cable will … Read the full press release

ZF Surpasses 1.5 Million TraXon Transmissions and Advances Platform Toward Hybrid Commercial Vehicle Applications

(IN BRIEF) ZF has reached a production milestone with more than 1.5 million TraXon automated manual transmissions manufactured since the system was introduced in 2014. The transmission platform has become a global standard for heavy-duty commercial vehicles and is produced … 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

DEUTZ Showcases Sustainable Drive and Energy Solutions at CONEXPO 2026 to Strengthen Its Position in the US Market

(IN BRIEF) DEUTZ is presenting its latest sustainable mobility and energy solutions at CONEXPO 2026 in Las Vegas, underscoring the strategic importance of the US construction market. The company is showcasing a broad portfolio ranging from diesel and HVO-compatible combustion … Read the full press release

Siemens Highlights 125 Years of Innovation and Infrastructure Development in Egypt

(IN BRIEF) Siemens celebrated 125 years of partnership with Egypt in Cairo on 8 February 2026, reaffirming its role as a key contributor to the country’s infrastructure, energy, and digital transformation. The company highlighted its involvement in landmark projects such … Read the full press release

Daimler Truck Announces Succession Plan for Strategic Mannheim Engine and Battery Site

(IN BRIEF) Daimler Truck has announced that Gerald Tropper will become Head of the Mannheim plant on 1 July 2026, succeeding Andreas Moch, who will leave the company at the end of July after more than 33 years, including 13 … Read the full press release

Fortum Advances Data Centre Site Development in Nurmijärvi with DayOne Partnership

(IN BRIEF) Fortum is supporting DayOne’s planned data centre development in Nurmijärvi, Finland, through a site development agreement that builds on earlier zoning and grid connection preparations at the municipally owned Sudentulli site. The project advances preliminary land sale discussions … Read the full press release

Iberdrola and Avangrid Commission New England Clean Energy Connect to Deliver Canadian Hydropower to the US

(IN BRIEF) Iberdrola, via its US subsidiary Avangrid, has commissioned the New England Clean Energy Connect transmission line, a 233-kilometer project delivering hydroelectric power from Quebec to New England. With a capacity of 1,200 MW, the $1.65 billion infrastructure strengthens … Read the full press release