(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged battery storage, Bernhard Kluttig, clean energy, clean tech, economic growth, EIB, energy security, energy transition, European Investment Bank, European Union, Federal Ministry for Economic Affairs and Climate Action, France, Germany, Hannover Messe, Jörg Frischholz, Nicola Beer, NORD/LB, onshore wind, partnership, Photovoltaic Systems, renewable energy projects, small and medium-sized enterprises, sustainability
(IN BRIEF) Schneider Electric announced a groundbreaking investment of over $700 million in its U.S. operations through 2027, marking the largest single capital expenditure in its 135-year U.S. history. This initiative, which will raise the company’s total U.S. investment this … Read the full press release
Posted in Artificial Intelligence (AI), Energy, Gas & Oil, Environment, France, Industrial, Management, Science, Technology
Tagged Aamir Paul, AI growth, Andover, automation, Columbia, Debra Phillips, digital grid modernization, digital transformation, DISTRIBUTECH 2025, domestic manufacturing, EcoStruxure™, El Paso, energy efficiency, Energy management, energy security, EPRI DCFlex, facility expansions, Fairfield, HOUSTON, Jay Timmons, Lighthouse factories, Mt. Juliet, National Association of Manufacturers, National Electrical Manufacturers Association, North America Operations, One Digital Grid Platform, Raleigh, Schneider Electric, smart factories, sustainable, U.S. operations, U.S. supply chain, Welcome
(IN BRIEF) The European Investment Bank has signed a loan agreement of 1.7 billion Polish zlotys (€405 million) with Orlen, which will finance major upgrades to Poland’s electricity network through its subsidiary, Energa Operator. This installment is the final tranche … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Poland
Tagged 000 kilometers, 1&1, 10, 2, 2035, 3.5-billion-zloty loan, 300 kilometers, 600 kilometers, central Poland, EIB, electricity grid, Energa Operator, energy security, energy storage, European Investment Bank, final tranche, green transition, Magdalena Bartoś, metering systems, national grid, new customers, northern Poland, ORLEN, Polish zlotys, power network, renewable energy, REPowerEU, sustainable growth, Teresa Czerwinska, underground cables, £4, €405 million
(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
(IN BRIEF) Equinor has announced that natural gas from its Halten East field will be exported to Europe, a move that significantly strengthens the region’s energy security. The press release details how years of investment and technological advancements have enabled … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged digital innovation, economic recovery, energy security, energy transition, environmental stewardship, Equinor, Europe, Halten East, natural gas, offshore production, Operational Excellence, partnership, sustainability, sustainable energy
(IN BRIEF) The European Investment Bank has approved a €200 million loan to Latvenergo AS to upgrade Latvia’s electricity distribution network, enhancing reliability for nearly 1.9 million customers while integrating digital innovations and renewable energy sources. Scheduled for completion by … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Technology
Tagged Climate Action, digital innovation, EIB, Electricity distribution network, energy security, European Investment Bank, financing accord, green credentials, Guntars Baļčūns, Latvenergo AS, Latvia, National Energy and Climate Plan, partnership, renewable energy, sustainability, sustainable energy, Thomas Östros, €200 million loan
(IN BRIEF) Vitol Asia Pte Ltd has signed a 10-year LNG supply agreement with LNGPH—the integrated LNG power facilities of SPPC and Excellent Energy Resources Inc—to deliver up to 0.8 million metric tons of LNG annually starting in 2025. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 0.8 million metric tons, 10-year deal, 2025, AboitizPower, Batangas LNG Terminal, cleaner energy transition, EERI, energy security, Excellent Energy Resources Inc, Jay Ng, Linseed Field Power Corporation, LNG partnership, LNG supply agreement, LNGPH, Luzon power needs, Meralco PowerGen Corporation, Pablo Galante Escobar, partnership, PHILIPPINES, San Miguel Global Power, SPPC, sustainability, sustainable energy, Vitol Asia Pte Ltd, Yari A. Miralao
(IN BRIEF) In a major move for energy cooperation, TotalEnergies and ENI have signed a Host Government Agreement (HGA) with Egypt and Cyprus, paving the way for the development of the Cronos gas field in Cyprus offshore Block 6. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Abdel Fattah El-Sisi, Cronos Development and Production Plan, Cronos gas field, Cyprus, Cyprus offshore Block 6, Damietta LNG plant, EGYPT, Egypt Energy Show, energy cooperation, energy security, Eni, Europe, exploration and production, gas processing, George Papanastasiou, Host Government Agreement, Julien Pouget, Karim Badawi, LNG capacity, LNG exports, Níkos Christodoulídis, partnership, sustainability, TotalEnergies, Zohr facilities
(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged alternating current, Carl Trowell, clean energy, climate goals, direct current, Eastern Green Link 1, economic development, electricity cable, Energy Innovation, energy security, energy transition, environmental impact, GE Vernova, green electricity, Hawthorn Pit, local community benefits, METLEN Energy & Metals, Michael Shanks, National Grid Electricity Transmission, Nicola Connelly, Ofgem, partnership, Paul McLennan, Prysmian, renewable energy, Social Value, SP Energy Networks, subsea electricity superhighway, sustainability, Torness, UK energy grid, UK energy infrastructure, £2.5 billion investment
(IN BRIEF) AFRY has entered into a framework agreement with Statkraft, Europe’s largest renewable energy producer, to provide technical consultancy in hydropower and electric power sectors in Norway. Building on their previous work in Sweden, the partnership aims to improve … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged AFRY, collaboration, consultancy services, electric power, energy security, energy solutions, energy supply, energy transition, Framework Agreement, hydropower, low-carbon future, Marcus Bergman, Norway, partnership, reliable energy, renewable energy, Statkraft, sustainability, sustainable solutions, Sweden, technical consultancy
(IN BRIEF) TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a ten-year Sale and Purchase Agreement, under which TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG) annually starting in 2026. The LNG will primarily … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Air Quality, CNG, energy security, energy transition, gas trading, greenhouse gas emissions, Gregory Joffroy, GSPC, Gujarat, Gujarat State Petroleum Corporation Limited, INDIA, India Energy Week, industrial activities, liquefied natural gas, LNG, Milind Torawane, natural gas, New Delhi, partnership, Sale and Purchase Agreement, sustainability, TotalEnergies, transportation
(IN BRIEF) The European Investment Bank (EIB) and Santander have signed a €500 million counter-guarantee agreement, allowing Santander to create a portfolio of guarantees worth up to €1 billion. This agreement is expected to unlock €8 billion in investments to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged bank guarantees, de-risking instruments, EIB, energy demand, energy security, energy transition, EU programme, EU renewable-energy target, Europe, European Investment Bank, financial institutions, grid interconnection, industrial competitiveness, InvestEU, partnership, renewable energy, Santander, strategic autonomy, sustainability, turbines, wind energy manufacturers, wind energy sector, wind power package, wind value chain
(IN BRIEF) Fortum has initiated a two-year feasibility study to explore the potential for new pumped hydro storage plants in Sweden, focusing on three specific regions: Lekstjärnen, Bastvålen, and Höljessjön. The study will assess the economic, technological, environmental, and regulatory … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Bastvålen, clean energy, decarbonization, Eggsjön, electricity demand, energy security, feasibility study, flexible energy solutions, Fortum, Höljessjön, Hydro Power Plants, Kemijoki Oy, Kymmen, Lekstjärnen, Letten, Mikael Lemström, Nordic energy system, partnership, pumped hydro storage, renewable energy, sustainability, Sweden, Trängslet, Värmland County
(IN BRIEF) EIB President Nadia Calviño led a delegation on her first visit outside the EU to Ukraine, reaffirming the EU’s long-term commitment to supporting the country’s recovery. The EIB announced €420 million in funding under the EU’s €50 billion … Read the full press release
Posted in Banks, Business, Education, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine
Tagged 112 emergency call system, displaced people, EIB, energy resilience, energy security, energy supplies, EU, EU funding, EU Support, European Investment Bank, financial support, German Ministry for Economic Affairs and Climate Action, heating systems, housing code, Nadia Calviño, partnership, Public Infrastructure, Public Safety, reconstruction, renewable energy, renewable energy projects, small and medium-sized enterprises, small businesses, SMEs, social housing, sustainability, UKRAINE, Ukraine Facility, water services
(IN BRIEF) Estonia, Latvia, and Lithuania have successfully synchronized their electricity grids with the European Continental European Network, marking a significant step in their energy independence from Russia and Belarus. This achievement, celebrated as “Energy Independence Day,” strengthens the region’s … 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 Baltic Sea, BRELL energy system, CEF, CEN, Connecting Europe Facility, Continental European Network, electricity grids, Energy Independence Day, energy infrastructure, energy security, energy transition, Estlink, Estonia, EU, European Commission, fossil fuels, Harmony Link Interconnector, interconnectors, Latvia, Lithuania, LitPol Link, Malgosia Bartosik, NordBalt, Offshore wind, partnership, renewable energy, sustainability, Ursula von der Leyen, wind farms, wind power, WindEurope
(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) The European Investment Bank (EIB) has approved €2.4 billion in new financing to support a range of projects across Europe, including clean energy, transport, telecommunications, and flood protection. This includes significant funding to enhance hydrogen production, boost energy … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology, Ukraine
Tagged automotive research, clean energy, EIB, EIB Global, electricity grids, energy efficiency, energy security, environmental sustainability, EU, European Investment Bank, flood protection, hydrogen production, hydrogen refueling, INNOVATION, Italy, low-carbon glass production, mobile-phone networks, Nadia Calviño, partnership, renewable energy, REPowerEU, sustainability, sustainable infrastructure, telecom networks
(IN BRIEF) EIB Global has appointed Miha Švent as its new representative for Bosnia and Herzegovina, focusing on sustainable development, climate action, and energy security. The bank has already invested over €3.5 billion in strategic projects, strengthening BiH’s EU integration … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Economy, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged appointment, Bosnia and Herzegovina, Climate Action, Corridor Vc, EIB Global, energy security, EU accession, EU funds, EU Growth Plan, EU market integration, European Investment Bank, green transition, Herzegovina Bridge, investment, leadership, market competitiveness, Miha Švent, project management, public infrastructure financing, Public-Private Partnerships, Robert de Groot, Sandrine Friscia, Sarajevo, Sarajevo trams, strategic projects, sustainable connectivity, technical support, urban transport, Western Balkans, Western Balkans Investment Framework
(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) Terna has received approval from the Italian Ministry of the Environment and Energy Security for a major project to modernize the 220 kV “Patria – Sant’Antimo” power line in Naples. The project will involve the construction of an … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged 21 million euros, 220 kV, 8.5 km power line, Caserta, electrical services, electricity grid, energy security, environmental impact, Frattamaggiore, Frattaminore, Giuseppina Di Foggia, grid modernization, Grumo Nevano, Italian Ministry of the Environment and Energy Security, land development, Marano di Napoli, Melito di Napoli, Mugnano di Napoli, Naples, overhead lines, Patria - Sant’Antimo power line, pylons, Sant’Antimo, Sant’Antimo - Fratta power line, Sant’Arpino, sustainability, Terna, underground cables, urban areas, visual impact
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