(IN BRIEF) Lightsource bp has commenced construction on two major renewable energy projects in Australia: the 585MWdc Goulburn River solar farm in New South Wales and the Woolooga Battery Energy Storage System (BESS) in Queensland. The Goulburn River project, one … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Adam Pegg, Australia, construction, energy transition, Lightsource BP, partnership, renewable energy projects, sustainability
(IN BRIEF) The European Investment Bank (EIB) and E-Distribuzione, part of the Enel Group, have signed the first €250 million installment of a €500 million sustainability-linked loan aimed at modernizing and strengthening Italy’s power grid. The agreement ties financing terms … 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
Tagged E-Distribuzione, EIB, Enel, energy transition, Gelsomina Vigliotti, Italy, partnership, Stefano De Angelis, sustainability
(IN BRIEF) AFRY has joined Industrikraft as an equal shareholder, expanding the initiative’s network of industry leaders committed to supporting the expansion of Sweden’s electricity supply. With a focus on sustainable, fossil-free energy sources, Industrikraft aims to shape Sweden’s energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, energy transition, Henrik Tegnér, Industrial Growth, Industrikraft, partnership, Robert Andrén, sustainability, Sweden, Tom Erixon
(IN BRIEF) Eni has launched HPC6, a cutting-edge supercomputer with a peak performance of 606 PFlop/s, ranking fifth globally and first in Europe for industrial use. HPC6 supports Eni’s decarbonization and energy transition efforts by enhancing CO2 storage research, biofuel … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged Claudio Descalzi, energy transition, Eni, HPC6, partnership, supercomputing, sustainability
(IN BRIEF) Webuild, leading a joint venture with GS E&C and Bouygues Construction, has signed a AU$1.7 billion contract to construct the Tunnels North segment of Melbourne’s Suburban Rail Loop (SRL) East, aimed at enhancing sustainable public transit options for … Read the full press release
Posted in Business, Construction, Industrial, Infrastructure & Utilities, Italy
Tagged AU$1.7 billion, Bouygues Construction, Box Hill, congestion reduction, energy transition, Glen Waverley, GS E&C, infrastructure, Melbourne, orbital rail line, public transportation, SRL East, Suburban Rail Loop, sustainable transit, transportation, tunnel-boring machines, Tunnels North, Webuild
(IN BRIEF) Pilot Energy Limited and Electriq Global have signed a Memorandum of Understanding (MoU) to explore the use of Electriq’s innovative hydrogen powder transport, storage, and power generation technologies for off-grid energy needs in Western Australia’s Mid-West and Gascoyne … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Technology
Tagged Baruch Halpert, Brad Lingo, clean energy, Clean Energy Project, Clean hydrogen, CleanEnergyFuture, Electriq, Electriq Global Limited, Electriq Powder, Electriq Release, Energy Storage Innovations, energy transition, Gascoyne regions, Hydrogen Powder, hydrogen powder power generation technology, hydrogen powder storage, hydrogen powder transport, hydrogen power generation, Hydrogen Storage, hydrogen transport, HydrogenEnergy, HydrogenStorage, Mid-West Australia, MoU, off-grid energy users, Pilot, Pilot Energy Limited, solid hydrogen carriers, SustainableEnergy, Western Australia
(IN BRIEF) Eni has completed the sale of its Alaskan oil assets, Nikaitchuq and Oooguruk, to Hilcorp for $1 billion. This divestment aligns with Eni’s strategy to streamline its upstream portfolio by focusing on core assets and contributing to its … Read the full press release
(IN BRIEF) CRH has launched a new wind farm in Romania to power its Medgidia Cement Plant, the first of its kind dedicated exclusively to a cement facility in the country. This renewable energy initiative will meet a significant portion … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Romania, Technology
Tagged CRH, energy transition, Eunice Heath, Medgidia Cement Plant, partnership, Romania, sustainability, wind farm
(IN BRIEF) Statkraft has applied for a permit to develop the 2.1 GW Baltic Offshore Delta North wind farm in the Baltic Sea, located 100 kilometers east of Stockholm. This bottom-fixed offshore wind project, designed to generate up to 8 … Read the full press release
(IN BRIEF) TotalEnergies has acquired a 50% stake in two offshore wind projects, N-9.1 and N-9.2, from RWE. Located off the German coast, these projects, with a combined capacity of 4 GW, are expected to be commissioned in 2031 and … Read the full press release
(IN BRIEF) The Enel Group participated in the 79th United Nations General Assembly and New York Climate Week, engaging in discussions on climate action, sustainable development, and a just energy transition. Key executives, including Nicolò Mardegan and Gianni Vittorio Armani, … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Technology
Tagged Alberto De Paoli, awardsinability, Climate Action, Enel Group, energy transition, Gianni Vittorio Armani, leadership, New York Climate Week, Nicolò Mardegan, UN General Assembly
(IN BRIEF) Evonik has launched a new innovation strategy aimed at generating €1.5 billion in additional sales by 2032. The strategy focuses on three key areas: bio-based solutions, the energy transition, and the circular economy. These initiatives will help drive … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged bio-based solutions, circular economy, energy transition, Evonik, Harald Schwager, INNOVATION, Ralph Marquardt, sustainability
(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom
Tagged Apollo Global Management, BP, bp Pipelines TAP Limited, energy infrastructure, energy transition, Europe, Gas Projects, Greece, Italy, Leslie Mapondera, low-carbon energy, natural gas, Shah Deniz gas field, Skardon Baker, strategic partnership, TAP, Trans Adriatic Pipeline, William Lin
(IN BRIEF) SUEZ has made a strategic investment in French start-up Purple Alternative Surface, aiming to expand its production of permeable paving solutions made from non-recycled plastic waste. With SUEZ’s support, Purple will increase its production capacity to 200,000 m² … Read the full press release
Posted in Business, Construction, Environment, France, Industrial, Infrastructure & Utilities
Tagged 2024 projects, ADEME, circular economy, construction industry, Cravanche, energy transition, environmental innovation, France, French Environment and Energy Management Agency, greenhouse gas emissions, modular pavements, non-recycled plastic waste, parking lots, permeable paving, plastic recycling, public works, Purple Alternative Surface, retail, soil sealing, SUEZ, sustainable solutions, venture capital, wind turbine blades
(IN BRIEF) Encavis AG has secured €61 million in project financing for its 114 MW Borrentin solar park in Germany. The financing was provided by Bayerische Landesbank and will help complete the solar park by the end of September 2024. … Read the full press release
(IN BRIEF) Intesa Sanpaolo, along with a consortium of international banks, has committed NZ$267 million (approximately €150 million) in green financing to support the construction of the Kōwhai Solar Park in Christchurch, New Zealand. This solar park, a joint venture … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Contact Energy, energy transition, Intesa Sanpaolo, Kōwhai Solar Park, Lightsource BP, New Zealand, Nicola Doninelli, partnership, sustainability
(IN BRIEF) Siemens is launching new enhancements to its Gridscale X software suite, aimed at helping Transmission System Operators (TSOs) manage the complexities of the energy transition. Unveiled at the CIGRE Paris Session 2024, the new tools—“Gridscale X Protection Data … Read the full press release
(IN BRIEF) E.ON reported strong financial performance in the first half of 2024, achieving an adjusted Group EBITDA of €4.9 billion and an adjusted net income of €1.8 billion, in line with its full-year targets. The company reaffirmed its guidance … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged E.ON, energy transition, Financial, investments, Leonhard Birnbaum, sustainability
(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Transportation & Logistics
Tagged agri-food by-products, air transport, aircraft, animal fat, biofuels, biorefineries, carbon footprint, carbon neutrality, collaboration agreement, energy transition, Enilive, Enilive service stations, environmental policies, ESG principles, European Renewable Energy Directive, Giuseppe Lasco, Giuseppe Ricci, green transition, ground vehicles, HVOlution, Italy, JET A1+Eni Biojet, Multicard, Poste Italiane, ReFuelEU, renewable diesel, Road transport, SAF, sustainable aviation fuel, sustainable vehicles, used cooking oils
(IN BRIEF) Zurich Insurance Group and Aon have launched a comprehensive insurance facility to support blue and green hydrogen projects globally, with coverage for projects up to USD 250 million. This initiative, led by Zurich and brokered exclusively by Aon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Insurance, Switzerland
Tagged Aon, Aviation, blue hydrogen, carbon capture, CCUS technologies, clean energy insurance, commercial insurance, eco-friendly, energy storage, energy transition, GREEN HYDROGEN, hydrogen combustion, hydrogen projects, industrial processes, Joseph Peiser, manufacturing steel, net-zero transition, producing chemicals, refining petrol, renewable energy, shipping, Sierra Signorelli, sustainable solutions, transportation, treating metals, Zurich Insurance Group
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