(IN BRIEF) NIB and NORD/LB will provide up to EUR 64 million to finance two 91 MWp solar parks in Izabelinė and Lieponys, Lithuania, developed by Green Genius. Supported by the InvestEU programme, the projects include an 18 MW battery … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Lithuania, News, Technology
Tagged battery energy storage, BESS, clean energy transition, CO2 reduction, EBRD, energy diversification, energy transition, European Bank for Reconstruction and Development, European Green Deal, Green Genius, Ignalina municipality, InvestEU, Izabelinė, Lieponys, Lithuania, NIB, NORD/LB, Nordic Investment Bank, Photovoltaic, PV capacity, renewable energy financing, renewable energy projects, solar energy, sustainable infrastructure, Trakai district, utility-scale solar
(IN BRIEF) The European Investment Bank (EIB) has approved a €264 million loan to Snam to construct 240 km of new pipelines aimed at integrating biomethane production into Italy’s national gas transmission system. The initial €140 million tranche has been … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, Marketing, News, Technology
Tagged Agostino Scornajenchi, biomethane, EIB, energy diversification, energy infrastructure, energy security, EU taxonomy, European Investment Bank, gas transmission, Gelsomina Vigliotti, green transition, Italy, NRRP, partnership, renewable energy, REPowerEU, Snam, sustainability, Sustainable Finance
(IN BRIEF) As of 1 July 2025, the ORLEN Group has fully phased out Russian crude oil following the expiry of its last Rosneft contract, marking a key milestone in regional energy security. Under CEO Ireneusz Fąfara’s leadership, ORLEN’s refineries … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Poland, Technology
Tagged Czech Republic, Druzhba pipeline, energy diversification, energy security, global crude sourcing, Ireneusz Fąfara, Kralupy refinery, Lithuania, Litvínov refinery, non-Russian feedstock, ORLEN Group, partnership, Poland, Rosneft contract expiry, Russian crude elimination, strategic infrastructure upgrades, sustainability, Transalpine Pipeline TAL, transmission system operators
(IN BRIEF) Energiekontor AG, a leader in wind and solar energy projects, has successfully achieved financial closure for two solar park projects in France, marking a key milestone in its expansion into the French market. Located in the Occitania region, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged CRE, Energiekontor, energy diversification, financial close, France, French Energy Regulatory Commission, Lachapelle-Auzac solar park, Occitania, partnership, Peter Szabo, Photovoltaic Systems, PPE2 Sol P6, renewable energy, Rignac solar park, solar energy, sustainability
(IN BRIEF) The BW Singapore regasification unit in Ravenna has completed commissioning and will soon begin operations, adding 5 billion cubic meters to Italy’s LNG regasification capacity. This will bring Italy’s total regasification capacity to 28 billion cubic meters annually, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Africa, BW Singapore, energy diversification, energy security, gas supply, infrastructure, Italy, LNG, natural gas, partnership, Piombino, Qatar, Ravenna, regasification, renewable energy, Snam, sustainability, sustainable energy, USA
(IN BRIEF) ORLEN and Naftogaz of Ukraine have signed a new natural gas supply contract, ensuring deliveries for Ukrainian consumers starting in April. This is the second contract under a cooperation agreement signed earlier this year, with the gas being … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Investment, Poland, Transportation & Logistics, Ukraine
Tagged 100 million cubic meters, contract, Cooperation Agreement, energy diversification, energy security, Ireneusz Fąfara, Klaipeda terminal, Lithuania, LNG cargo, March 2025, Memorandum of Understanding, Naftogaz, Natural Gas Supply, ORLEN, Poland, Polish-Ukrainian border, regasification, Roman Chumak, Świnoujście LNG terminal, trading expertise, UKRAINE, United States
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