Tag Archives: energy transition

New 440 MW Solar Project in Ilagan Advances Philippines Energy Transition Through TotalEnergies and Nextnorth Partnership

(IN BRIEF) TotalEnergies and Nextnorth have reached financial close and begun construction of a 440 MW solar power project in Ilagan City, Philippines, with operations expected by the end of 2027. The project, valued at around $300 million, is jointly … Read the full press release

Neste Strengthens Financial Position and Advances Strategic Initiatives Amid Turbulent Energy Markets

(IN BRIEF) Neste reported a strong financial performance in the first quarter of 2026, with significant increases in EBITDA, revenue, and cash flow despite ongoing volatility in global energy markets driven by geopolitical tensions and supply disruptions. The company benefited … Read the full press release

TotalEnergies Approves $1.2 Billion Mirny Wind and Storage Project to Advance Renewable Energy in Kazakhstan

(IN BRIEF) TotalEnergies has taken the Final Investment Decision for the Mirny wind and battery storage project in Kazakhstan, marking a major step in the country’s renewable energy development. The project combines 1 GW of wind capacity with a 600 … Read the full press release

European Investment Bank Group Expands Renewable Energy and Infrastructure Investments with New €10 Billion Funding

(IN BRIEF) The European Investment Bank Group has approved €10 billion in new financing to support a wide range of strategic initiatives, with a strong focus on accelerating Europe’s clean energy transition and strengthening economic competitiveness. Nearly €2 billion of … Read the full press release

RWE Advances Scotland’s Energy Transition with Commissioning of 36 MW Camster II Wind Farm

(IN BRIEF) RWE has successfully completed and commissioned its Camster II onshore wind farm in Caithness, Scotland, adding 36 MW of renewable energy capacity capable of powering around 51,000 homes. The project, which began construction in 2023, represents a key … Read the full press release

Amundi World Investment Forum 2026 to Examine Global Power Shifts and Investment Strategies in a Changing Economic Order

(IN BRIEF) Amundi will host the 16th Amundi World Investment Forum in Paris in June 2026, bringing together over 900 global experts to explore the evolving geopolitical and economic landscape under the theme “Age of Empires? Power and Potential.” The … Read the full press release

IKEA Belgium and Svea Solar Launch Accessible Home Solar Solutions Aimed at Reducing Energy Costs for Everyday Households

(IN BRIEF) IKEA Belgium has introduced plug-in balcony solar kits through IKEA Energy Services in partnership with Svea Solar, making renewable energy more accessible to households without rooftop installation options. The easy-to-install systems can be connected to a standard power … Read the full press release

Siemens and Vulcan Energy Form Strategic Partnership to Advance Europe’s First Integrated Lithium and Renewable Energy Project

(IN BRIEF) Siemens has been selected as the preferred automation and digitalization technology supplier for Vulcan Energy’s Lionheart Project, a major initiative aimed at developing Europe’s first fully integrated lithium and renewable energy operation. The project, located in Germany’s Upper … Read the full press release

Paul Scherrer Institute Study Identifies Biomethane as Key to Strengthening Switzerland Energy Independence

(IN BRIEF) A study led by the Paul Scherrer Institute finds that Switzerland could significantly reduce its reliance on imported gas by expanding the use of domestically produced biomethane derived from biomass such as wood waste, sewage sludge, and green … Read the full press release

ING and European Investment Bank Launch €800 Million Financing Programme to Support SME Sustainability in Netherlands and Belgium

(IN BRIEF) ING and the European Investment Bank have launched an €800 million financing initiative to support SMEs and mid-cap companies in the Netherlands and Belgium in becoming more sustainable and future-ready. The facility combines €400 million from the EIB … Read the full press release

ABB Secures Major Contract to Support Eva Copper Mine Development and Strengthen Global Copper Supply

(IN BRIEF) ABB has been awarded a contract to supply gearless and ring-geared mill drive systems for the Eva Copper Mine Project in Queensland, Australia, developed by Harmony Gold. The project is expected to produce around 60,000 tonnes of copper … Read the full press release

AF Gruppen Expands Offshore Capabilities with Strategic Acquisition of Claxton Engineering Business

(IN BRIEF) AF Gruppen has agreed to acquire offshore engineering company Claxton in a deal valued at approximately NOK 800 million, strengthening its capabilities in offshore decommissioning, offshore wind, and conventional energy services. Claxton, a global provider with strong profitability … Read the full press release

European Resilience Alliance Launches to Accelerate Clean Hydrogen Deployment and Strengthen Energy Security Across Europe

(IN BRIEF) The European Resilience Alliance for Clean Hydrogen and Derivatives has been launched in Brussels as a major industry-led initiative to accelerate clean hydrogen deployment across Europe. Supported by leading energy and industrial companies and in cooperation with Hydrogen … Read the full press release

Bilfinger Completes Large-Scale Insulation Project at Warsaw Waste-to-Energy Facility Supporting Poland’s Energy Transition

(IN BRIEF) Bilfinger has completed a major insulation contract at Poland’s largest waste-to-energy facility in Warsaw, working alongside POSCO E&C and Doosan Lentjes. The project included full-scope insulation services covering around 22,000 square meters and required significant material logistics. The … Read the full press release

Offshore Wind Expansion Accelerates as RWE Prepares Nordseecluster for Large-Scale Renewable Energy Production

(IN BRIEF) RWE has successfully installed two offshore substations for the Nordseecluster A wind project, marking a key milestone in the development of the 1.6-gigawatt offshore wind cluster located in the North Sea. The substations, constructed in France and installed … Read the full press release

ENGIE Expands Electric Vehicle Charging Network in Belgium with Major Wallonia Deployment Project

(IN BRIEF) ENGIE, through its ENGIE Vianeo brand, has been selected to deploy nearly 3,000 electric vehicle charging points across Belgium’s Walloon Region, further strengthening its position as a leading operator in the country’s electric mobility sector. The project includes … Read the full press release

Uniper, Evonik and Iqony Advance Energy Transition with Scalable Industrial Waste Heat Recovery Solution

(IN BRIEF) Uniper and Evonik have commissioned an innovative high-temperature heat pump in Herne, Germany, capable of converting industrial waste heat into district heating for around 1,000 households. The system, operated in collaboration with Iqony, delivers up to 1.5 megawatts … Read the full press release

NOKERA and Vonovia Introduce Scalable Prefabrication Model to Accelerate Energy-Efficient Residential Upgrades

(IN BRIEF) Vonovia and NOKERA have formed a strategic partnership to industrialise the energy-efficient refurbishment of residential buildings, focusing on scalable solutions that reduce costs, construction time, and tenant disruption. The collaboration uses prefabricated façade elements produced off-site and installed … Read the full press release

RWE Advances Offshore Wind Sustainability with First Installation of Low Carbon Turbine Technology at Denmark’s Thor Project

(IN BRIEF) RWE has installed the world’s first offshore wind turbine featuring both a CO₂-reduced steel tower and recyclable rotor blades at its Thor wind farm in Denmark, marking a major step in advancing sustainable wind energy technology. The 1.1 … Read the full press release

NIB Strengthens Norwegian Power Infrastructure with €174 Million Loan for Capacity Expansion and Grid Modernisation

(IN BRIEF) The Nordic Investment Bank has provided a €174.3 million loan to Statnett to support key upgrades to Norway’s transmission grid, including the Surna–Viklandet line and the Frogner substation. These projects aim to increase transmission capacity, reduce bottlenecks, and … Read the full press release