(IN BRIEF) The European Investment Bank has granted a €500 million loan to Dutch grid operator Stedin to enhance and expand its electricity distribution network over 2025–2026. The financing will support upgrades to Medium and Low Voltage systems in Zuid-Holland, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged climate change adaptation, EIB, electric vehicle chargers, electricity grid, energy transition, European Investment Bank, Grid Expansion, grid modernization, infrastructure renewal, Koen Bogers, Low Voltage, Medium Voltage, net congestion, partnership, renewable energy, Robert de Groot, Stedin, sustainability, Utrecht, Zeeland, Zuid-Holland, €500 million loan
(IN BRIEF) The European Investment Bank (EIB) has issued its first green loan, signing a EUR 700 million financing agreement with sustainable mobility leader Ayvens in December 2024. The deal, which splits into a EUR 350 million EIB credit and … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged 000 vehicles, 19, Ambroise Fayolle, Ayvens, climate action project, commercial fleets, decarbonization, eLCVs, electric light commercial vehicles, electrification, energy transition, EUR 350 million, European Investment Bank (EIB), France, funding diversification, funding package, Germany, green loan, innovative finance, Italy, LEZs, low emission zones, Netherlands, partnership, Patrick Sommelet, SMEs, sustainability, sustainable mobility
(IN BRIEF) AkzoNobel is making significant progress in China toward its goal of achieving 100% renewable electricity across its production sites. Currently, eight of the company’s 15 facilities in China are utilizing a combination of self-generated and externally sourced renewable … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged AkzoNobel, Changzhou, Chengdu, CHINA, decorative paints, energy transition, environmental impact, global operations, green factory, Guangzhou, Langfang, partnership, Pilawa, Poland, renewable electricity, Shanghai, solar energy, solar panels, sustainability, sustainability goals, Suzhou, Wijnand Bruinsma, Wuhan, zero-carbon alternatives
(IN BRIEF) The Ignalina Nuclear Power Plant in Lithuania has contracted Sweco for €448,000 to evaluate environmental risks for a proposed deep geological repository intended for the final disposal of long-lived radioactive waste. As a vital part of Ignalina’s decommissioning … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Sweden, Technology
Tagged Air Quality, Belgium, biodiversity, decommissioning, deep geological repository, energy transition, environmental risks, EU agreement, Finland, geological layers, groundwater, Ignalina nuclear power plant, Lithuania, Liudas Zalunskis, Managing Director Sweco Lithuania, partnership, Radioactive waste, RBMK-type reactors, reactor dismantling, site restoration, soil, sustainability, Sustainable Management, Sweco, Sweden
(IN BRIEF) ANDRITZ has secured a major order to provide authority engineering services for a 100 MW green hydrogen plant in Rostock, Germany, placed by the joint venture REPCO, which includes major energy companies such as RWE, EnBW, RheinEnergie, and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, decarbonization, electrolysis, EnBW Neue Energien GmbH, energy transition, EPC, European Hydrogen Backbone, Germany, Green Energy, GREEN HYDROGEN, Hydrogen Core Network, HydrogenPro, HyTechHafen Rostock, partnership, REPCO, RheinEnergie AG, Rostock, Rostock Port GmbH, RWE Generation SE, Salzgitter Flachstahl GmbH, sustainability, sustainable future
(IN BRIEF) The ECOWAS Bank for Investment and Development (EBID) and the European Investment Bank (EIB), with support from the European Union (EU), have launched a €100 million partnership aimed at addressing climate action and environmental sustainability challenges in the … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Investment, Luxembourg
Tagged Africa-European Union Green Energy Initiative, Ambroise Fayolle, capacity building, Climate Action, EBID, EBID Vice President Mory Soumahoro, ECOWAS Bank for Investment and Development, ECOWAS region, ECOWAS Vision 2050, EIB, EIB Global, energy transition, environmental sustainability, EU, European Investment Bank, European Union, financial partnership, financing gap, Global Gateway strategy, Jozef Sikela, photovoltaic projects, poverty reduction, renewable energy, sustainable agriculture, Technical Assistance, UN Sustainable Development Goals, water treatment
(IN BRIEF) Eni and PETRONAS have entered into an exclusive Memorandum of Understanding to establish a joint venture holding company focused on selected upstream assets in Malaysia and Indonesia. The partnership aims to drive growth in the region, targeting a … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy
Tagged energy transition, exploration, gas development, Indonesia, joint venture, LNG, Malaysia, PETRONAS, production, upstream assets
(IN BRIEF) Ørsted has made a significant step towards the realization of Denmark’s first full-scale carbon capture and storage project, the Ørsted Kalundborg CO2 Hub, with the successful installation of key components at Avedøre and Asnæs Power Stations. This milestone … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, Industrial, Technology
Tagged absorber, Asnæs Power Station, Avedøre Power Station, bioenergy, biogenic carbon, biogenic CO2, carbon capture and storage, carbon capture facility, carbon dioxide, carbon storage, CCS, climate change, CO2 emissions, CO2 tanks, Denmark, desorber, direct contact cooler, energy industry, energy transition, Esben Hjort, Kalundborg CO2 Hub, northern lights, Ole Thomsen, sustainability, Ørsted
(IN BRIEF) Salzgitter has officially broken ground on a 100 MW electrolysis plant designed to produce green hydrogen for low-carbon steel production as part of its SALCOS® program. The project, set to deliver hydrogen starting in 2026, will play a … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Andritz, carbon-free steel, decarbonization, electrolysis plant, energy transition, Gerd Baresch, GREEN HYDROGEN, hydrogen economy, HydrogenPro, low-carbon steel production, partnership, SALCOS, Salzgitter, Sami Pelkonen, steelmaking, sustainability, sustainable steel
(IN BRIEF) The adoption of heat pumps in Germany remains slower compared to other European countries, largely due to the significant electricity-to-gas price ratio. However, recent findings from KfW Research suggest that adjusting these prices could significantly boost the number … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged adoption rates, building construction, carbon emissions, carbon price, electricity, electricity-to-gas price ratio, energy efficiency, energy transition, Europe, France, gas, Germany, grants, heat pumps, KfW Research, low-interest loans, Norway, residential heating, Sweden, Switzerland
(IN BRIEF) The German Academic Exchange Service (DAAD) is urging the new Federal Government to prioritize the internationalisation of Germany’s universities and research sectors to maintain competitiveness in a changing geopolitical environment. DAAD President Prof Dr Joybrato Mukherjee emphasized the … Read the full press release
Posted in Business, Education, Financial, Germany, Government, Industrial, Investment, Law, Management, News, Politics, Science, Technology
Tagged academic collaborations, climate change, DAAD, DAAD President Prof Dr Joybrato Mukherjee, doctoral candidates, energy transition, Federal Government, Foreign Policy, funding, geopolitical challenges, German labor market, German universities, global appeal, INDIA, international researchers, international students, international talent, internationalisation, language integration, Pact for Research and Innovation, partnerships, professional networking, RESEARCH, scholarships, science diplomacy
(IN BRIEF) The Sines LNG terminal, operated by REN, played a pivotal role in Portugal’s natural gas supply in 2024, delivering 98% of the National Gas System’s requirements. The terminal’s strategic importance continues to grow, with shipments primarily from Nigeria … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Technology
Tagged energy supply, energy transition, gas infrastructure, LNG shipments, National Gas System, natural gas, natural gas consumption, Nigeria, partnership, PORTUGAL, regasification, REN, REN Atlântico, Sines LNG Terminal, sustainability, United States
(IN BRIEF) Lion Storage, a Dutch energy storage developer, has reached financial close on the Mufasa project, set to become one of Europe’s largest battery energy storage systems (BESS). With a storage capacity of 1,400MWh and a power capacity of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Battery Energy Storage System, BESS, Eneco, energy storage, energy transition, Lion Storage, Macquarie Capital, Mufasa, Netherlands, power grid stabilization, project financing, renewable energy, Renewable Infrastructure, Return, sustainability, sustainable energy, Tesla, TINC
(IN BRIEF) KKR has increased its stake in Enilive by purchasing an additional 5% of the company’s share capital, with a €587.5 million investment. This move aligns with KKR’s previously announced commitment and underscores the market’s confidence in Enilive’s business … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged capital markets, decarbonization, energy transition, Eni, Enilive, equity investment, Francesco Gattei, investment, KKR, KKR investment, net zero, partnership, pension funds, regulatory approval, sustainability, sustainable business, sustainable mobility
(IN BRIEF) RWE has launched one of Germany’s largest battery storage systems at its Hamm and Neurath sites, providing 220 MW of capacity to help stabilise the electricity grid. The system contributes to energy market balancing and is integrated into … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged balancing energy markets, battery storage, electricity grid, energy infrastructure, energy storage, energy transition, grid stability, Growing Green strategy, Hamm, Neurath, partnership, renewable energy, RWE, storage capacity, sustainability, sustainable energy
(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) 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) 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) E.ON, Coventry City Council, and Kestrix have partnered to enhance energy efficiency in the city using thermal camera drones and 3D heat loss modelling to collect data on heat losses from buildings. This collaboration aims to improve energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 3D heat loss modelling, climate goals, CO2 emissions, Coventry City Council, Coventry project, E.ON, E.ON Group Innovation, energy efficiency, energy transition, energy-saving measures, Free Electrons Open Innovation Program, heat losses, heat transition, Kestrix, Machine Learning, Mark Ritzmann, partnership, property owners, startup collaboration, sustainability, thermal camera drones, thermal imaging cameras
(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
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