Tag Archives: energy transition

EIF Strengthens European Cleantech Growth with €70 Million Investment in Alantra’s Klima2 Energy Transition Fund

(IN BRIEF) The European Investment Fund has committed €70 million to Alantra’s Klima Energy Fund II, a growth-stage investment vehicle focused on scaling cleantech companies essential to Europe’s energy transition. Building on the successful track record of Klima1, the new … Read the full press release

EQT Foundation Backs UK Startup Milvus Advanced as It Develops High-Performance Nanomaterials to Replace Rare Metals in Energy Technologies

(IN BRIEF) EQT Foundation has invested €200,000 in Milvus Advanced as part of a £5 million Seed round supporting the UK startup’s development of nanomaterials that can replace scarce platinum group metals in clean energy technologies. Milvus’s platform uses abundant … Read the full press release

Spain and EIF Launch €500 Million ‘Climate and Infrastructure’ Instrument to Boost Green and Digital Transition

(IN BRIEF) Spain and the European Investment Fund have introduced a new €500 million “Climate and Infrastructure” financing instrument aimed at supporting SME, mid-cap, and infrastructure equity investments across sustainability and digital sectors. Funded through Spain’s Regional Resilience Fund and … Read the full press release

RWE Expands Agri-PV Footprint in Italy with Three New Solar-Agriculture Projects Under PNRR Support

(IN BRIEF) RWE has secured three new Agri-PV projects under Italy’s PNRR program, adding 30.2 MWac of solar capacity across Campania, Sicily, and Calabria. The projects will feature elevated solar structures designed to accommodate agricultural use—either crops or grazing—beneath the … Read the full press release

TotalEnergies and Google Sign 15-Year Renewable Power Agreement to Supply 1.5 TWh of Clean Energy to Ohio Data Centers

(IN BRIEF) TotalEnergies and Google have signed a 15-year Power Purchase Agreement for 1.5 TWh of renewable electricity from the Montpelier solar farm in Ohio to power Google’s local data centers. The agreement strengthens the companies’ shared commitment to advancing … Read the full press release

Equinor Hands Over Operatorship of Brazil’s Peregrino Field to PRIO Following Completion of 40% Stake Sale

(IN BRIEF) Equinor has completed the sale of its 40% operated interest in Brazil’s Peregrino oil field to PRIO for a total of USD 2.33 billion, receiving USD 1.55 billion at closing. The transaction transfers full operatorship of the field … Read the full press release

New Statkraft solar farms and hybrid plants add 340 MWp to Brazil’s grid, supporting COP30 climate commitments

(IN BRIEF) At COP30 in Belém, Statkraft inaugurated new hybrid renewable projects in Brazil’s Bahia and Pernambuco states, adding 340 MWp of solar capacity through the Morro do Cruzeiro, Santa Eugênia, and Serrita solar farms. The €200 million (NOK 2.3 … Read the full press release

PNE Group secures approval for two French wind farms totaling 20.8 MW to boost clean energy generation

(IN BRIEF) PNE Group has won approvals for two onshore wind projects in France — the Romescamps (10.8 MW) and Chéry (10 MW) wind farms — through the country’s 10th tender for onshore wind energy. The projects, upgraded via modificative … Read the full press release

EU and EIB boost Central America’s clean energy transition with €1 billion funding under Global Gateway plan

(IN BRIEF) EIB Global has unveiled a €1 billion financing package to advance renewable energy generation and integrate national electricity grids across six Central American nations—Costa Rica, Panama, Honduras, Guatemala, El Salvador, and Belize—under the EU Global Gateway Investment Agenda. … Read the full press release

EIB finances €270 million green energy transformation for Karlsruhe’s grid and district heating systems

(IN BRIEF) The European Investment Bank has provided Stadtwerke Karlsruhe with €270 million in long-term financing to modernize Karlsruhe’s electricity grid and expand CO₂-neutral district heating systems. The 24-year loan supports the conversion of overhead lines to underground cables, the … Read the full press release

RWE Reaches Major Milestone in Nordseecluster Offshore Wind Project with Completion of All 44 Turbine Foundations

(IN BRIEF) RWE has completed installation of all 44 turbine foundations and secondary steel structures for the 1.6 GW Nordseecluster offshore wind project off the German coast. Each monopile weighs around 1,500 tonnes and forms part of Nordseecluster A, which … Read the full press release

Vattenfall Receives Planning Approval for Nordlicht 2 Offshore Wind Farm, Advancing One of Germany’s Largest Renewable Energy Projects

(IN BRIEF) Vattenfall has received final planning approval from the Federal Maritime and Hydrographic Agency (BSH) for its Nordlicht 2 offshore wind farm, completing the permitting for the 1.6 GW Nordlicht cluster in the German North Sea. Comprising 44 turbines … Read the full press release

Egis Joins EDF to Support Engineering and Supply Chain Cooperation for the Polish Nuclear Power Programme

(IN BRIEF) Egis has signed a new Memorandum of Cooperation with EDF at the World Nuclear Exhibition 2025 to explore joint opportunities under Poland’s Nuclear Power Programme. The agreement, signed by EDF’s Vakisasai Ramany and Egis’s Baptiste Pavy, builds on … Read the full press release

ORLEN Unveils First Advanced Charging Hub to Power Electric Mobility Growth Across Poland

(IN BRIEF) ORLEN has opened its first high-performance fast-charging hub for electric vehicles along the S7 expressway at Olsztynek Południe, offering up to 400 kW of power and charging times of around 20 minutes. The hub, capable of charging eight … Read the full press release

NORDEN Extends Partnership with Enviva Through New Two-Year Contract to Transport Wood Pellets from the US to Europe

(IN BRIEF) NORDEN has signed a two-year Contract of Affreightment with Enviva, the world’s largest wood pellet producer, to transport renewable biomass from the United States to Europe starting in 2026. The new agreement strengthens a partnership that began in … Read the full press release

METLEN Secures Funding to Build 60 MW of Solar Power Capacity Across Sardegna and Piemonte in Italy

(IN BRIEF) METLEN has secured €65 million in financing to build two large-scale solar parks — Porto Torres in Sardegna and Casale Monferrato in Piemonte — totaling 60 MW of capacity. Scheduled for completion by the end of 2025, the … Read the full press release

EIB grants €100 million loan to Holmen to expand wind power and strengthen Sweden’s clean-energy transition

(IN BRIEF) The European Investment Bank is lending €100 million to Swedish forest-industry group Holmen to finance the expansion of its onshore wind projects in northern Sweden. The investment will increase renewable energy production to meet rising demand from energy-intensive … Read the full press release

Ports of Rotterdam and Duisburg Strengthen Partnership with New Agreement to Advance Green Corridors and Industrial Decarbonisation

(IN BRIEF)  The ports of Rotterdam and Duisburg have signed a new Letter of Intent to expand their cooperation in building sustainable waterway corridors and supporting Europe’s energy transition. The agreement focuses on strengthening the Rhine corridor as a major … Read the full press release

EIB Provides €90 Million Loan to TVO for Safety and Modernization Upgrades at Finland’s Olkiluoto Nuclear Plant

(IN BRIEF) The European Investment Bank has approved a €90 million loan to Finland’s Teollisuuden Voima Oyj (TVO) to upgrade two reactor units at the Olkiluoto nuclear power plant. The financing will fund safety-critical updates, including control system modernization and … Read the full press release

Siemens and Capgemini Partner to Develop AI-Native Digital Solutions for Next-Generation Industrial Transformation

(IN BRIEF) Siemens and Capgemini have deepened their collaboration to develop AI-native digital solutions that integrate artificial intelligence directly into the foundation of product engineering, manufacturing, and operations. The partnership will deliver industry-specific applications that combine Siemens’ industrial software and … Read the full press release