Tag Archives: energy transition

DNV Introduces Enhanced KFX Software for Accurate CO₂, Ammonia, and Hydrogen Risk Modeling

(IN BRIEF) DNV’s new KFX release enhances CFD simulations with specialized models for CO₂, ammonia, and hydrogen, enabling precise predictions of dry-ice formation, spray absorption, and explosion dynamics. Developed with Equinor, TotalEnergies, Vår Energi, and Horisont Energi, the update supports … Read the full press release

Terna Launches Adriatic Innovation Zone in Ascoli Piceno to Propel Energy Transition and Regional Entrepreneurship

(IN BRIEF) Terna has opened its Adriatic Innovation Zone in Ascoli Piceno to foster technological innovation and strengthen the region’s energy-transition ecosystem. Attended by local academic and institutional figures and Terna’s Francesco Salerni, the hub will unite startups, SMEs, universities … Read the full press release

Bay of Biscay Subsea Link to Double Power Exchange Between Spain and France with €1.6 Billion EIB Backing

(IN BRIEF) The Bay of Biscay electricity interconnection will link Spain and France via a 400 km high-voltage DC submarine cable, boosting capacity from 2,800 to 5,000 MW and integrating the Iberian Peninsula into Europe’s power grid. Jointly implemented by … Read the full press release

Uniper and Energiekontor Break Ground on 46.2 MW East Ayrshire Wind Farm to Power 66,000 Homes

(IN BRIEF) Uniper and Energiekontor UK have launched construction on a 46.2 MW wind farm in East Ayrshire, Scotland, capable of powering over 66,000 homes. Approved in 2022 and revised in 2024, the seven-turbine project starts building in 2027 and … Read the full press release

KfW IPEX-Bank Supports 350 MW Wind Project in Québec’s Forested Region with EUR 140 Million Financing

(IN BRIEF) KfW IPEX-Bank is contributing EUR 140 million as co-lead arranger in a major financing package for a 350 MW wind farm in Québec, Canada, alongside several Canadian banks. The Pohénégamook-Picard-Saint-Antonin-Wolastokuk 1 (PPAW1) Energy Centre, featuring 56 Vestas turbines, … Read the full press release

Rio Tinto Drives Sustainability Dialogue at London Tech Week to Accelerate Innovation in Critical Materials

(IN BRIEF) Rio Tinto is the only mining company participating in London Tech Week 2025, where it will lead discussions on sustainable innovation, critical minerals, and ClimateTech. As part of its innovation strategy, Rio Tinto is actively engaging startups, universities, … Read the full press release

Gasum Supports Raseborgs Energi in Electrifying District Heating with Multi-Market Optimization

(IN BRIEF) Gasum is providing its Multi-Market Optimization (MMO) service to Raseborgs Energi, which is commissioning a new electric boiler to electrify its district heating production. The boiler will allow Raseborgs Energi to switch between electricity and biofuel-based heat production … Read the full press release

EIB to Guide Bulgaria in Decarbonizing Maritsa East Complex and Transitioning to Clean Energy

(IN BRIEF) Bulgaria has enlisted the help of the European Investment Bank (EIB) to support the decarbonization of the Maritsa East Complex, one of Europe’s largest coal-powered electricity sites. The EIB will work with Bulgaria’s Ministry of Energy to develop … Read the full press release

Nordex to Supply Eight N163/6.X Wind Turbines for UMaAG’s Drochtersen Repowering Project

(IN BRIEF) The Nordex Group has received a significant order from Umwelt Management AG (UMaAG) for the Drochtersen repowering project in Lower Saxony, Germany. The agreement includes the supply and installation of eight N163/6.X wind turbines and a 20-year service … Read the full press release

DNV Partners with ITS to Boost Indonesia’s Maritime and Energy Education with Focus on Sustainability and Innovation

(IN BRIEF) DNV has signed a Memorandum of Understanding with Institut Teknologi Sepuluh Nopember (ITS) in Indonesia to support the development of the country’s maritime and energy sectors. The partnership includes initiatives such as providing ITS’s academic community with access … Read the full press release

TotalEnergies and RGE Launch Pioneering Solar and Battery Project in Indonesia, Securing Licence to Import 1 GW of Clean Power to Singapore

(IN BRIEF) TotalEnergies and RGE have announced a major renewable energy project in Indonesia, where their joint venture, Singa Renewables, has received a conditional licence from Singapore’s Energy Market Authority (EMA) to import 1 GW of clean power. The project, … Read the full press release

TotalEnergies Sells 12.5% Stake in OML118 PSC to Shell Nigeria for $510 Million

(IN BRIEF) TotalEnergies has agreed to sell its non-operated 12.5% stake in the OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for $510 million. The deal includes assets in the Bonga and Bonga North fields, … Read the full press release

Centrica Business Solutions Partners with Carpenter Ltd to Install 1MW Solar Array, Transforming Unused Land into Green Energy Source

(IN BRIEF) Centrica Business Solutions has partnered with Carpenter Ltd to decarbonise its Glossop manufacturing site by installing a 1MW solar array on a previously unusable steep bank. The solar farm, set to generate 1,025 MWh annually, will cover 15% … Read the full press release

Centrica Energy Expands into North America with New Office in New York to Support Gas Optimisation and Power Trading

(IN BRIEF) Centrica Energy is opening its first US office in New York, marking the company’s entry into North America’s gas optimisation market. Following its entry into power markets in 2024, Centrica Energy plans to build a comprehensive gas, power, … Read the full press release

EIB Provides €90 Million Loan to Bordeaux Métropole Énergies to Drive Green Transition in Gironde

(IN BRIEF) The European Investment Bank has provided a €90 million loan to Bordeaux Métropole Énergies to support its 2024-2028 strategic plan, focusing on renewable energy projects and energy-efficient building renovations. This funding will aid in the development of solar … Read the full press release

Eneco CEO As Tempelman Announces Departure for Signify, Kees Jan Rameau Appointed Interim CEO

(IN BRIEF) As Tempelman, CEO of Eneco, has announced his decision to leave the company to join Signify as their new CEO in September. Kees Jan Rameau, the current COO-IE, will serve as interim CEO until a permanent successor is … Read the full press release

Wood to Lead Project Management Consultancy for Groundbreaking Methanol Plant in UAE’s Al Ruwais Industrial City

(IN BRIEF) Wood has secured a contract from TA’ZIZ to provide project management consultancy for the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. The facility will be one of the largest in the world, producing … Read the full press release

Fortum Announces Leadership Change as Tero Holländer to Step Down in August 2025, Anssi Airas to Take Over

(IN BRIEF) Fortum announces that Tero Holländer, Head of Business Line Batteries, will depart the company in August 2025 to pursue new opportunities. Anssi Airas, currently IT Director at Fortum Battery Recycling, will succeed Holländer. Holländer reflects on his rewarding … Read the full press release

Enel Green Power North America Expands Stake in US Wind Farms Through Strategic Swap Agreement

(IN BRIEF) Enel Green Power North America (EGPNA) has signed a swap agreement with Gulf Pacific Power (GPP) to increase its equity stake in operational wind farms in the USA. This agreement will increase Enel’s net installed capacity by 285 … Read the full press release

TotalEnergies Launches Mero-4 Phase, Boosting Oil Production Capacity and Sustainability in Brazil

(IN BRIEF) TotalEnergies has commenced oil production from the Mero-4 phase of the Mero field in Brazil, which will connect 12 wells to the new Alexandre de Gusmão FPSO unit. This phase increases Mero’s total production capacity to 770,000 barrels … Read the full press release