(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Alain Papiasse, Ambroise Fayolle, BNP Paribas, corporate banking, EIB, Energy Independence, energy transition, EU, EU renewable energy targets, European Investment Bank, European Wind Power Package, grid interconnections, industrial competitiveness, INNOVATION, InvestEU, investments, low-carbon economic model, low-carbon energy, net-zero emissions, partnership, renewable energy, supply chain efficiency, sustainability, sustainable energy, wind energy, wind farms, Yannick Jung, €8 billion
(IN BRIEF) On February 9, 2025, Estonia, Latvia, and Lithuania successfully synchronized their electricity systems with Continental Europe’s electricity grid, marking a historic achievement for the Baltic States and Europe. The synchronization improves energy security and independence for the region, … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Estonia, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Lithuania, Management, News, Technology
Tagged Amprion, Augstsprieguma tīkls, Baltic States, BELARUS, CESA, Connecting Europe Facility, Continental Europe Synchronous Area, Dan Jørgensen, electricity grids, electricity interconnections, Elering, energy cooperation, Energy Independence, energy resilience, energy security, ENTSO-E, Estonia, European Commission, European electricity transmission system operators, European Union, Latvia, Litgrid, Lithuania, partnership, PSE, RUSSIA, sustainability, synchronization, transmission system operators, Zbyněk Boldiš
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged 2024 milestones, carbon-free energy, clean energy, economic efficiency, electricity distribution, electrification, Energy Independence, green capacity, Iberdrola, pumped storage, renewable energy, renewable generation, strategic plan, sustainability, sustainable energy
(IN BRIEF) Poland is advancing its offshore wind energy ambitions with the completion of two key substations for the Baltic Power wind farm, marking the start of commercial-scale offshore wind development in the country. The project is part of a … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology
Tagged Baltic Power, Baltic Sea, clean energy, decarbonization, electric vehicles, Energy Independence, energy security, EU climate goals, EU Presidency, GPB, Grupa Przemysłowa Baltic, industrial competitiveness, Malgosia Bartosik, offshore substations, Offshore wind, offshore wind farm, partnership, Poland, Pomerania, renewable energy, sustainability, WindEurope
(IN BRIEF) ORLEN, a major energy company, has finalized an agreement with GAZ-SYSTEM to secure a regasification capacity of 6.1 billion cubic meters (bcm) per year at the Floating Storage Regasification Unit (FSRU) terminal to be constructed in the Gulf … Read the full press release
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