Tag Archives: energy transition

Türkiye Selected as Regional Production Hub for ENERCON’s New Generation Onshore Wind Turbine Components

(IN BRIEF) ENERCON will establish a new rotor blade manufacturing facility in Bergama, Türkiye, to support production of components for its E-175 EP5 E2 onshore wind turbine model. The plant is expected to create around 700 jobs and produce up … Read the full press release

Deutsche Bank Participates in Major Australian Battery Storage and Renewable Energy Financing Package

(IN BRIEF) Deutsche Bank has provided a AUD 150 million seven-year non-recourse loan facility to support Palisade Investment Partners in refinancing debt linked to the Intera Renewables platform in Australia. The financing forms part of a wider AUD 845 million … Read the full press release

E.ON reports solid start to 2026 as investments in energy infrastructure and grid modernization support earnings growth

(IN BRIEF) E.ON reported higher earnings and continued investment growth during the first quarter of 2026 despite challenging geopolitical and market conditions. Adjusted Group EBITDA rose to €3.3 billion, while adjusted net income increased to €1.34 billion. The company maintained … Read the full press release

TotalEnergies Signs Offshore Exploration Cooperation Deal With EGAS to Assess Egypt’s Deepwater Potential

(IN BRIEF) TotalEnergies and the Egyptian Natural Gas Holding Company (EGAS) have signed a Memorandum of Understanding to cooperate on offshore exploration activities in northwestern Egypt. The agreement establishes a framework for technical collaboration focused on preliminary exploration and subsurface … Read the full press release

Energiekontor Strengthens Long-Term Renewable Energy Position Through New Financial Closings and Smart Technology Investments

(IN BRIEF) Energiekontor began the 2026 financial year with stable operational progress despite continuing market and regulatory challenges affecting the renewable energy sector. The company achieved additional financial closings for German wind projects, advanced construction activities, and commissioned the repowered … Read the full press release

New Bilfinger Contract Advances EWE’s Hydrogen Production and Industrial Decarbonisation Strategy in Germany

(IN BRIEF) Bilfinger has secured a major contract from EWE covering steelwork, piping systems and component installation for the 320 MW green hydrogen production facility being developed in Emden, Germany. The project forms part of the “Clean Hydrogen Coastline” initiative … Read the full press release

50Hertz and Elia Group Open Source High-Performance Grid Congestion Software to Support Europe’s Energy Transition

(IN BRIEF) 50Hertz has released its ToOp (Topology Optimizer) software as an open-source tool to support more efficient management of electricity grid congestion across Europe. Developed together with Elia Group and several European transmission system operators, the software uses GPU-based … Read the full press release

DNV Forecasts Major Expansion of Clean Hydrogen as Energy Security and Chinese Investment Drive Global Growth

(IN BRIEF) DNV’s latest Energy Transition Outlook Hydrogen to 2060 forecasts a major expansion in the global clean hydrogen industry, with production expected to increase 100-fold and cumulative investments reaching USD 3.2 trillion by 2060. The report identifies China as … Read the full press release

SEB Outlook Examines How Global Energy Security Concerns Are Reshaping Sustainable Finance and Industrial Decarbonisation

(IN BRIEF) SEB’s latest Sustainable Finance Outlook examines how geopolitical disruptions linked to the Middle East conflict are accelerating the global transition toward clean energy systems and alternative fuels. The report argues that Europe’s continued dependence on imported fossil fuels … Read the full press release

Ørsted and PGE Begin Offshore Construction of Poland’s Largest Wind Farm Project

(IN BRIEF) Ørsted and PGE Polska Grupa Energetyczna have launched offshore construction activities for the Baltica 2 offshore wind farm in the Baltic Sea, beginning with the installation of the first monopile foundations. The 1.5 GW project, located off the … Read the full press release

ABB Expands Medium-Voltage Production Capacity Across Europe to Support Power Grid Modernization

(IN BRIEF) ABB will invest approximately $200 million across Europe over the next three years to expand medium-voltage manufacturing capacity and support the modernization of electricity grids. The investment program includes a major new $100 million facility in Italy focused … Read the full press release

ENTSO-E Explores How AI-Driven Data Centre Growth Is Reshaping European Electricity Networks

(IN BRIEF) ENTSO-E has published a new report examining the growing role of data centres within Europe’s electricity system as artificial intelligence and digital services continue to drive rising power demand. The study explores how data centres are becoming systemically … Read the full press release

Uwe Zulehner to Lead Voith Hydro North America as Renewable Energy Demand Continues to Grow

(IN BRIEF) Voith Hydro has appointed Uwe Zulehner as President and CEO of its North American operations based in York, Pennsylvania. Zulehner brings more than 25 years of international leadership experience across the engineering, mining, metals and energy sectors, including … Read the full press release

EnBW Highlights Record Energy Transition Investments and Renewable Growth at 2026 Annual General Meeting

(IN BRIEF) EnBW Energie Baden-Württemberg AG used its 2026 Annual General Meeting to highlight record investments, strong earnings and its long-term strategy for Germany’s energy transition. The company invested €7.6 billion in 2025, primarily into renewable energy, electricity and gas … Read the full press release

Svenska Kraftnät Selects AFRY to Support Development of Critical Electricity Transmission IT Systems

(IN BRIEF) AFRY has signed a new framework agreement with Svenska Kraftnät to provide IT services supporting the modernization and expansion of Sweden’s electricity transmission system. AFRY was selected as one of six final suppliers through a two-stage procurement process. … Read the full press release

OMV Invests EUR 65 Million in New Austrian Innovation Hub to Accelerate Sustainable Technology Development

(IN BRIEF) OMV is investing EUR 65 million in the construction of the OMV Innovation Hub Schwechat in Austria, a new research and development center designed to accelerate the company’s technological transformation and climate neutrality strategy. Construction progress has reached … Read the full press release

French Nuclear Group Orano Extends Leadership of Claude Imauven Amid Growing Energy Security Focus

(IN BRIEF) Orano has announced the re-appointment of Claude Imauven as Chairman of its Board of Directors following approval by decree of the President of the French Republic. The renewal of his mandate follows a recommendation by the Board and … Read the full press release

Statkraft and SUNCATCHER Partner to Commercialise Hybrid Solar and Storage Projects Supporting Germany’s Energy Transition

(IN BRIEF) Statkraft and SUNCATCHER have agreed to collaborate on the marketing and optimisation of three hybrid solar and battery storage projects in Germany, marking a further step in the development of integrated renewable energy systems. The projects, with a … Read the full press release

Fraunhofer Advances Numerical Simulation Technology to Enable More Resilient and Secure Hydrogen Energy Networks

(IN BRIEF) Fraunhofer researchers have developed a new hydraulic simulation tool to improve the resilience of hydrogen transport networks, addressing key challenges in the energy transition. The tool enables detailed analysis of how hydrogen systems respond to disruptions such as … Read the full press release

Moeve Strengthens Industrial Emissions Reduction Strategy With Accenture Collaboration Focused on Data-Driven Energy Transition

(IN BRIEF) Moeve has partnered with Accenture to strengthen its “Moeve decarbonize” initiative, expanding its ability to support industrial clients in reducing emissions across their value chains. The collaboration combines Moeve’s energy solutions—such as renewable electricity, biomethane, and HVO—with Accenture’s … Read the full press release