Tag Archives: energy transition

ANDRITZ Invests Heavily in Austrian Production Sites to Meet Rising Global Demand for Turbo Generators

(IN BRIEF) ANDRITZ is investing a higher double-digit million euro amount by 2028 to expand and modernise its turbo generator production facilities in Linz and Weiz, responding to rising global energy demand and the growing importance of grid stability. The … Read the full press release

RWE Invests in Major Battery Storage Facility to Support Renewable Energy Integration in Lower Saxony

(IN BRIEF) RWE has approved investment in a 400-megawatt battery storage system in Lingen, Lower Saxony, to strengthen grid stability and support the integration of renewable energy. Built on a former industrial site, the facility will be able to deliver … Read the full press release

New Eneco–Whspr Collaboration Trials Low-Noise Heat Pump to Enable Flexible Installation in Urban Housing

(IN BRIEF) Eneco and Whspr have launched a partnership to pilot a new silent heat pump that enables flexible installation in densely populated residential areas. Designed to operate at much lower noise levels than conventional systems, the heat pump can … Read the full press release

Uniper and nLighten Establish Time-Coordinated Renewable Energy Supply for Carbon-Free Data Center Operations in Germany

(IN BRIEF) Uniper has entered into a renewable electricity supply agreement with nLighten to power all of the company’s German data centers with carbon-free energy available 24/7. The contract combines standard electricity with a guaranteed hydropower baseload and offers hourly … Read the full press release

ENR Rankings Highlight AFRY’s Leadership in Industrial Processes and Energy Transition

(IN BRIEF) AFRY has secured multiple top positions in the latest Engineering News-Record rankings, reinforcing its status as a global leader in engineering and design. The company retained first place in Pulp & Paper, climbed to third in hydro, and … Read the full press release

Allianz Global Investors Expands European Renewable Portfolio with Minority Stake in French Offshore Wind Project

(IN BRIEF) Allianz Global Investors has acquired a 20.25% minority stake in the îles d’Yeu et Noirmoutier offshore wind farm in France from Ocean Winds, marking the first offshore wind partnership between the two groups and Allianz’s first such investment … Read the full press release

DNV Supports USD 325 Million Financing for Major Battery and Solar Portfolio in Chile

(IN BRIEF) DNV acted as market consultant on a USD 325 million financing package for T Power, a renewable energy platform managed by Toesca, supporting the development of one of Chile’s largest battery energy storage systems alongside a broad solar … Read the full press release

VERBUND Green Power and Nordex Group Sign Long-Term Framework Agreement for Up to 700 MW of Wind Capacity

(IN BRIEF) VERBUND Green Power and Nordex Group have entered into a multi-year framework agreement through 2030 for the potential supply of up to 700 megawatts of onshore wind turbine capacity to support VERBUND Green Power’s wind projects across six … Read the full press release

ENGIE and Masdar Advance UAE Energy Transition with Financial Close of Landmark Khazna Solar Project

(IN BRIEF) ENGIE and Masdar have achieved financial close on the 1.5-gigawatt Khazna Solar PV project in the UAE, marking ENGIE’s largest photovoltaic development worldwide and one of the region’s most significant solar installations. Delivered under a 30-year power purchase … Read the full press release

European Union Strengthens Support for Tunisia’s Energy Transition with €35.8 Million for Solar Power and Grid Infrastructure

(IN BRIEF) The European Union has committed €35.8 million in grant financing through the Neighbourhood Investment Platform to support Tunisia’s energy transition, signing contribution agreements with the EBRD and EIB Global. The funding will help de-risk large-scale solar projects and … Read the full press release

TÜV Rheinland Completes Burotec Integration to Expand Inspection, Engineering, and Safety Services in Non-Regulated Markets

(IN BRIEF) TÜV Rheinland has completed the full integration of Burotec, a Spanish company specializing in inspection, engineering, and safety services, following its acquisition in October 2023. The integration expands TÜV Rheinland’s service portfolio in non-regulated markets and strengthens its … Read the full press release

New Sustainability Analysis Shows Vattenfall Outpacing Market in Climate Trust Growth

(IN BRIEF) A new sustainability analysis based on long-term data from the Sustainable Brand Index identifies Vattenfall as a leading example of how consumer trust in sustainability can be built and strengthened over time. The Strategic Brand Radar shows that … Read the full press release

Vattenfall Confirms Full FID for Nordlicht I and II as Germany’s Largest Offshore Wind Project Moves Forward

(IN BRIEF) Vattenfall has taken the full Final Investment Decision for its Nordlicht offshore wind cluster after the permit for Nordlicht II became irrevocable, clearing the final regulatory hurdle for the project. Comprising Nordlicht I and Nordlicht II, the cluster … Read the full press release

Triton Sells Majority Stake in Kelvion to Apollo While Retaining Minority Interest

(IN BRIEF) Funds advised by Triton have sold a majority stake in Kelvion, a leading global provider of energy-efficient heat exchange and cooling solutions, to Apollo-managed funds, while retaining a minority interest. Since acquiring Kelvion in 2014, Triton transformed the … Read the full press release

ORLEN Strengthens Small-Scale LNG Market Position with Over 245,000 Tonnes Delivered in 2025

(IN BRIEF) ORLEN delivered more than 245,000 tonnes of small-scale LNG to customers in 2025, reinforcing its strong position in the Polish market and its growing presence in the Baltic region. Supplied from the Świnoujście terminal, the Klaipėda reloading facility … Read the full press release

Framework Agreement Sees Fortum Back Steady Energy’s SMR Technology with Expertise and Capital

(IN BRIEF) Fortum has signed a framework agreement with Finnish nuclear technology company Steady Energy to provide nuclear expert services for the development of Steady Energy’s LDR-50 small modular reactor for district heating. The cooperation focuses on operational and maintenance … Read the full press release

Largest Synchronous Condenser Contract to Date Positions ANDRITZ at the Center of Brazil’s Energy Transition

(IN BRIEF) ANDRITZ has signed a landmark contract with AXIA Energia to supply six 300-MVAr synchronous condensers for four substations within Brazil’s National Interconnected System. Representing the largest synchronous condenser order in ANDRITZ’s history, the project will enhance grid stability … Read the full press release

European Investment Bank Supports Large-Scale Solar and Storage Expansion in Egypt

(IN BRIEF) The European Investment Bank has approved $150 million in financing for Egypt’s Obelisk hybrid solar and battery storage project, coinciding with the early completion of its first phase in Qena Governorate. Developed by Scatec, the project combines large-scale … Read the full press release

Etlas Joint Venture Positions bp and Corteva at the Center of Biofuel Supply Growth

(IN BRIEF) bp and Corteva have launched Etlas, a jointly owned venture focused on producing oilseed feedstocks for sustainable aviation fuel and renewable diesel. By combining bp’s downstream fuel capabilities with Corteva’s crop and seed expertise, Etlas aims to supply … Read the full press release

Rheinmetall Advances Green Hydrogen Production with New Electrolysis Electrode Technology

(IN BRIEF) Rheinmetall has completed development of a new noble-metal-free electrode technology for alkaline electrolysis, enabling more efficient and cost-effective production of green hydrogen at industrial scale. Led by KS Gleitlager GmbH under the German government-funded E²ngel project, the technology … Read the full press release