Tag Archives: electrification

Vestas CEO Henrik Andersen Takes Helm of WindEurope to Propel Europe’s Energy Future

(IN BRIEF) WindEurope’s Board of Directors has named Henrik Andersen, CEO of Vestas, as the new Chair for an 18-month period, with Rasmus Errboe, CEO of Ørsted, serving as Vice-Chair. This leadership change comes at a pivotal time as Europe … Read the full press release

Continental Taps Visionary Vincent Charles to Accelerate Future Mobility Transformations

(IN BRIEF) Continental has elevated Vincent Charles to a pivotal executive role, reflecting the company’s strategic focus on innovation and transformative leadership. Known for his extensive background in the automotive and technology industries, Charles is now charged with driving key … Read the full press release

Cornelissen Transport Accelerates Electrification with MAN Order for 27 Advanced Electric Trucks

(IN BRIEF) Dutch logistics firm Cornelissen Transport has placed an order for 27 electric trucks from MAN, including 25 eTGX tractor units with GM cabins and 2 eTGS trucks, primarily to support supermarket deliveries. The move, led by Peter Leegstraten, … 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

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

Finnish Ambassador Sari Rautio Explores Iberdrola’s Smart Grids Innovation Hub in Bilbao

(IN BRIEF) Finnish Ambassador to Spain, Sari Rautio, visited Iberdrola’s Global Smart Grids Innovation Hub in Bilbao, accompanied by a trade delegation and the Honorary Consul of Finland, Carolina Pérez Toledo. The group was welcomed by Iberdrola executives Asís Canales … Read the full press release

MAHLE Wins First Series Order for Innovative Cooling Module for Megawatt Charging Systems

(IN BRIEF) MAHLE has secured its first series order for a high-performance cooling module designed for megawatt charging systems (MCS) in fast-charging stations for electric commercial vehicles. The module, praised for its performance and cost efficiency, will be manufactured at … 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

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

EIF Backs Nordic Climate-Tech Innovation with €34.6 Million Commitment to Course Corrected VC Fund II

(IN BRIEF) The European Investment Fund (EIF) has pledged €34.6 million to Course Corrected VC Fund II, a venture-capital fund dedicated to backing early-stage climate-tech companies in the Nordic region. This funding will help the fund reach its target size … Read the full press release

ZF’s Cutting-Edge Mobility Solutions Redefine Transportation at Bharat Mobility Global Expo 2025

(IN BRIEF) ZF is showcasing its advanced mobility solutions at the Bharat Mobility Global Expo 2025, highlighting its innovative X-by-Wire technology and commitment to sustainability in India’s transportation sector. The company is focusing on safety, electrification, and efficiency, with technologies … 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

Iberdrola Breaks Records in Renewable Generation, Electricity Distribution, and Green Capacity in 2024

(IN BRIEF) Iberdrola achieved significant milestones in 2024, setting records in electricity distribution, renewable generation, and green capacity. The company transported a record amount of electricity, saw a rise in renewable energy production, and increased its renewable capacity to new … Read the full press release

ABN AMRO Highlights Early Decarbonisation Investments as Key to Long-Term Financial Gains

(IN BRIEF) ABN AMRO’s research emphasizes the financial advantages of early investment in decarbonisation technologies. Companies that invest before 2029 are expected to benefit from lower costs and enhanced competitiveness, helping them meet climate goals. Available technologies, such as electrification, … Read the full press release

ABB India Celebrates 75 Years of Innovation and Sustainable Growth in India

(IN BRIEF) ABB India is celebrating 75 years of operations, having played a significant role in India’s industrial and technological development since its inception in 1949. The company has contributed to electrification, automation, and digitalization across sectors such as utilities, … Read the full press release

ABN AMRO Advocates for Collaborative Solutions to Prevent Power Grid Congestion in the Netherlands

(IN BRIEF) Starting in 2026, the Netherlands is facing the risk of power grid congestion due to rising electricity demand, which could hinder the country’s energy transition. ABN AMRO’s latest report highlights the importance of cooperation between companies and grid … Read the full press release

Holcim Proposes Kim Fausing as New Chairman Following Jan Jenisch’s Upcoming Departure

(IN BRIEF) Holcim’s Board of Directors has proposed Kim Fausing as the new Chairman of the Board, following Jan Jenisch’s decision to step down after his appointment as Chairman and CEO of a new North American entity. If approved at … Read the full press release

ABB Acquires SIB to Strengthen Cable Protection and Electrification Portfolio Across Key Markets

(IN BRIEF) ABB has acquired Solutions Industry & Building (SIB), a French manufacturer of premium cable glands and electrical products, to expand its portfolio of electrification and cable protection solutions. This acquisition strengthens ABB’s presence in specialized markets such as … Read the full press release

Almost 1 in 4 Planes Sold in 2045 to be Battery Electric, Finds IDTechEx Sustainable Aviation Market Report

(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

EIB Grants €50 Million to Upgrade Slovenia’s Electricity Grid, Boosting Renewable Energy and Grid Reliability

(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release