(IN BRIEF) EnBW is set to build a large-scale battery storage facility in Marbach, southern Germany, with a capacity of 100 megawatt-hours and an output of 100 megawatts, enough to power around 12,500 households for one day. The facility will … Read the full press release
(IN BRIEF) EnBW and LevertonHELM have successfully collaborated on a project to produce high-purity lithium carbonate using direct lithium extraction (DLE) from thermal water at EnBW’s geothermal power plant in Bruchsal, Germany. LevertonHELM processed the extracted lithium chloride solution to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bart Vanden Bossche, Dr. Thomas Kölbel, electromobility, EnBW, Laura Herrmann, LevertonHELM, partnership, Stephen Elgueta Wallis, sustainability, Sustainable Lithium Production
(IN BRIEF) Georg Stamatelopoulos, the new CEO of EnBW, reflected on the company’s strong financial results for 2023 and affirmed the guidance for 2024 during the Annual General Meeting held virtually from Stuttgart. EnBW, which plans to invest about €40 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Andreas Schell, EnBW, Financial, Georg Stamatelopoulos, investment, Peter Heydecker
(IN BRIEF) EnBW Energie Baden-Württemberg AG has received a broad majority approval from creditors for the insolvency plan of biomethane trader bmp greengas GmbH. EnBW, the sole bidder, submitted a binding offer in October to fund the insolvency plan, which … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, bmp greengas GmbH, EnBW, partnership, sustainability, VNG H&V
(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged EnBW, energy transition, Financial, investment, Thomas Kusterer
(IN BRIEF) EnBW Energie Baden-Württemberg AG has successfully concluded the sale of a minority stake in its subsidiary, TransnetBW, to the federal government and KfW. The federal government has acquired a 24.95% minority stake, while KfW exercised its option to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged acquistion, Dirk Güsewell, Dr. Werner Götz, EnBW, Federal Government, KfW, Minority Stake, partnership, sustainability, Thomas Kusterer, TransnetBW
(IN BRIEF) Power and Air Condition Solution Management GmbH (PASM), a subsidiary of Deutsche Telekom AG, has expanded its renewable energy portfolio by signing a long-term power purchase agreement (PPA) with energy group EnBW. Under this PPA, PASM will procure … Read the full press release
(IN BRIEF) EnBW Energie Baden-Württemberg AG has submitted a binding offer to finance the insolvency plan for biomethane trader bmp greengas GmbH ahead of a creditors’ meeting on October 12, 2023. bmp greengas has been under insolvency proceedings since August … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, International Trade, Investment, Management, Marketing, News
Tagged biomethane, bmp greengas GmbH, EnBW, Financing Solution, sustainability
(IN BRIEF) EnBW, a major energy company, has reported its operating results for the first half of 2023, surpassing expectations. The company expects its Group adjusted EBITDA to be €3.5 billion for the period, primarily driven by growth in thermal … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Investment, Management, News
Tagged clean energy transition, EnBW, Financial, investments, sustainability
(IN BRIEF) EnBW Energie Baden-Württemberg AG’s Supervisory Board has made an early decision to reappoint Dirk Güsewell and Dr. Georg Stamatelopoulos as members of the Board of Management for an additional five years. Dirk Güsewell oversees System Critical Infrastructure, while … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Management, News
Tagged Board of Management, Dirk Güsewell, EnBW, Georg Stamatelopoulos, leadership, Lutz Feldmann, reappointments
(IN BRIEF) Swedish pulp and paper company Rottneros has entered into a long-term Power Purchase Agreement (PPA) with EnBW Energie Baden-Württemberg AG, the third-largest energy group in Germany. Under the agreement, EnBW will supply Rottneros with over 30 GWh of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged Carl Johannessen, EnBW, partnership, renewable energy, Rottneros, sustainability
(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities, Management, News
Tagged EnBW, finacial, Financial, infrastructure
(IN BRIEF) EnBW, a German energy company, has opened a new fast-charging station with a solar canopy near the A7 autobahn. With 32 high-power charging (HPC) points, it is one of the largest fast-charging stations in Germany, and EnBW’s second-largest. … Read the full press release
(IN BRIEF) EnBW, the German utility, has had its outlook revised to stable by the rating agency S&P. The credit rating was confirmed at A-. The revision is due to EnBW’s solid financial performance and its commitment to reducing CO2 … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Management, News
Tagged EnBW, Financial, S&P, Thomas Kusterer
(IN KÜRZE) Die EnBW, ein deutscher Energieversorger, erhält von der Europäischen Investitionsbank (EIB) ein Darlehen in Höhe von 600 Millionen Euro, um den Bau des Windparks He Dreiht in der Nordsee zu unterstützen. Der Windpark wird aus 64 Turbinen mit … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Germany, Industrial, Infrastructure & Utilities
Tagged Albatros-Offshore-Windpark, Ambroise Fayolle, Borkum, Darlehen, Die Europäische Investitionsbank, EIB, Emden, EnBW, Energie Baden-Württemberg AG, Energiesicherheit, Heerema, Helgoland, HGÜ, Nordsee, Offshore-Windpark Hohe See, Offshore-Windparks, Seaway, Steelwind Nordenham, Tennet, Thomas Kusterer, Windkraftanlagen, Windpark, Windpark He Dreiht
(IN BRIEF) EnBW, a German utility, will receive a €600 million loan from the European Investment Bank (EIB) to support the construction of the He Dreiht wind farm in the North Sea. The wind farm will consist of 64 turbines … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Germany, Industrial, Infrastructure & Utilities
Tagged Albatros offshore wind farm, Ambroise Fayolle, Borkum, EIB, Emden, EnBW, Energie Baden-Württemberg AG, energy security, He Dreiht wind farm, Heerema, Helgoland, Hohe See offshore wind farm, HVDC, loan, North Sea, offshore wind farms, Seaway, Steelwind Nordenham, Tennet, The European Investment Bank, Thomas Kusterer, wind farm, wind turbines
(IN BRIEF) EnBW is presenting its research project on the use of transport drones in the maintenance of offshore wind farms and calling on drone manufacturers and service providers to enter the “Offshore Drone Challenge” at Amsterdam Drone Week 2023. … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Government, Investment, Management, News, Technology
Tagged Amsterdam Drone Week 2023, DLR, drone operations, EnBW, German Federal Ministry, offshore wind farms
(IN BRIEF) EnBW has opened an open-field solar park with a connected battery storage system in Brandscheid, Rhineland-Palatinate, Germany to help achieve the country’s aim of renewable energy sources supplying 80% of the country’s electricity needs by 2030. The solar … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities, Management, News, Technology
Tagged battery storage system, EnBW, Germany, Rhineland-Palatinate, solar park
(NOTICIA EN BREVE) BP ha formado una empresa conjunta con Deep Wind Offshore para desarrollar oportunidades de energía eólica marina en Corea del Sur. Como parte del acuerdo, BP ha adquirido una participación del 55 % en la cartera de … Read the full press release
(IN BRIEF) BP has formed a joint venture with Deep Wind Offshore to develop offshore wind opportunities in South Korea. As part of the agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which … Read the full press release
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