Tag Archives: energy transition

Wood Awarded Contract for Europe’s Largest Manganese Processing Facility in Support of Energy Transition

(IN BRIEF) Wood, a global consulting and engineering company, has secured a significant contract from Euro Manganese to deliver a vital mineral project crucial to the energy transition. The contract, awarded to Wood’s Projects business unit, aligns with the company’s … Read the full press release

TotalEnergies and Petronas’ Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

TotalEnergies and Petronas' Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release

RWE’s Growing Green Strategy Boosted by Updated Green Financing Framework

(IN BRIEF) RWE, a leading energy company, has announced its updated Green Financing Framework to support sustainable investment. With a focus on building a sustainable energy system, RWE plans to invest over 50 billion euros by 2030 as part of … Read the full press release

EBRD Facilitates Montenegro’s Energy Transition with €82 Million Loan for Wind Farm Development

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted an €82 million loan to Elektroprivreda Crne Gore a.d. Nikšić (EPCG), Montenegro’s national electricity utility, and Green Gvozd LLC, a special-purpose vehicle (SPV) fully owned by EPCG. The … Read the full press release

Siemens Introduces Groundbreaking LV Insights X Software to Enhance Grid Capacity in Energy Networks

(IN BRIEF) Siemens has unveiled LV Insights X software, a pioneering solution for managing low-voltage grids. The software enables distribution grid operators to address the challenge of increasing grid capacity while accommodating the rise of decentralized renewable energy and additional … Read the full press release

DNV Research Reveals Growing Importance of Solar-Plus-Storage in Global Energy Transition

(IN BRIEF) DNV’s research highlights that solar-plus-storage solutions are crucial for enhancing the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. Solar-plus-storage, often referred to as the “power couple,” addresses the intermittency issues of … Read the full press release

European Investment Bank and Iberdrola to Drive Energy Transition with €1 Billion Agreement

(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release

TotalEnergies Accelerates Renewable Energy Development in Kazakhstan with Mirny Wind Farm Agreement

(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) for the Mirny wind project in Kazakhstan, marking the country’s largest wind energy initiative. The project involves a 1 GW onshore wind farm and a 600 MWh battery energy storage … Read the full press release

RINA and Eni Collaborate on Green Maritime Initiatives for Energy Transition

(IN BRIEF) RINA and Eni have signed an agreement to collaborate on initiatives aimed at the energy transition and decarbonization of their operations, with a focus on maritime transport. The partnership will explore the use of HVO biofuel produced by … Read the full press release

Eni Introduces HVOlution Initiative to Accelerate Sustainable Fuel Adoption in Heavy Transport

(IN BRIEF) Eni, a global energy company, has launched the HVOlution program to promote the use of HVOlution, their renewable diesel fuel, among their suppliers’ vehicles involved in fuel transportation to Eni Live Stations. This initiative aims to support the … Read the full press release

TotalEnergies Invests in Ductor to Advance High-Nitrogen Organic Waste Processing Technology

(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release

Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release

Alfa Laval Announces Major Expansion to Meet Increasing Demand for Brazed Plate Heat Exchangers in Energy Transition

(IN BRIEF) Alfa Laval Business Unit Brazed & Fusion Bonded Heat Exchangers has announced an expansion of its production of brazed plate heat exchangers to meet the increasing demand driven by the global energy transition. The capacity expansion includes investments … Read the full press release

Sweco to Lead Preliminary Research on Hydrogen Routes for Fluxys Belgium’s Pipeline Network

(IN BRIEF) Infrastructure company Fluxys Belgium has partnered with Sweco to prepare its pipeline network for the transportation of hydrogen and CO2. Sweco has been assigned to conduct a feasibility study and preliminary research for multiple hydrogen routes in Ghent … Read the full press release

TenneT signs contracts for Europe’s largest-ever tender award for energy transition infrastructure

(IN BRIEF) Transmission system operator TenneT, Hitachi Energy/Petrofac, and three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados have signed contracts to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components … Read the full press release

Bekaert Leads the Way in PTL Production with New Manufacturing Plant and Hydrogen Lab in Belgium

(IN BRIEF) Bekaert, a company focused on the production of steel wire and coatings, is investing in electrolysis technologies for green hydrogen production as part of its growth strategy in renewable energy markets. The company has announced investments in Belgium, … Read the full press release

Vattenfall Remains Committed to Climate Goals Despite Sharp Increase in Electricity Prices

(IN BRIEF) Vattenfall, a leading energy company, faced a challenging year in 2022 due to the war in Ukraine, which resulted in a significant increase in electricity prices across Europe. Despite this, Vattenfall continued to focus on supporting its customers … Read the full press release

Bekaert Joins Forces with Non-Profit Solar Impulse Foundation to Combat Climate Change

(IN BRIEF) Bekaert has announced its partnership with the Solar Impulse Foundation, a non-profit organization founded by Bertrand Piccard, which aims to promote sustainable and profitable solutions. Through this partnership, Bekaert will have access to valuable resources and expertise in … Read the full press release

EDF and Italian Companies Explore Nuclear Power Cooperation in Europe

(IN BRIEF) EDF, Ansaldo Energia, Ansaldo Nucleare, and Edison have signed a Letter of Intent to collaborate on the development of new nuclear power in Europe, specifically in Small Modular Reactors (SMR). Ansaldo Nucleare will support EDF in developing new … Read the full press release

E.ON’s IElectrix project demonstrates benefits of battery-based energy storage systems for renewable energy integration

(IN BRIEF) E.ON’s IElectrix project has demonstrated that mobile battery-based energy storage systems (BESS) can help to overcome technical hurdles in connecting renewable energy plants to power grids, as well as more efficiently use green energy produced in wind or … Read the full press release

BLIX acquisition strengthens AFRY’s position as a global leader in clean energy transition

(IN BRIEF) AFRY, a Swedish engineering and design company, has acquired Dutch renewable energy consultancy firm BLIX to expand its presence and expertise in the wind energy industry. BLIX specializes in renewable energy solutions and has a strong position in … Read the full press release

BP’s Latest Energy Outlook Examines Three Key Scenarios for Decarbonisation

(IN BRIEF) bp Energy Outlook has published its latest report exploring trends and uncertainties in the energy transition from now until 2050. The report updates its three main scenarios, Net Zero, Accelerated, and New Momentum, taking into account recent developments … Read the full press release

TotalEnergies ramps up gas production in Oman, inks LNG deal for European and Asian markets

(PRESS RELEASE) PARIS, 20-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, is rolling out its integrated gas strategy … Read the full press release

Schneider Electric calls for greater efforts to address energy crisis ahead of World Economic Forum

(PRESS RELEASE) RUEIL-MALMAISON, 16-Jan-2023 — /EuropaWire/ — Schneider Electric (EPA: SU), a global leader in energy management, digital transformation and automation active in more than 100 countries, has issued an urgent call for governments and companies around the world to … Read the full press release

Get the Latest Insights on Energy Efficiency and Clean Energy at Alfa Laval’s Net-zero Launch event

(PRESS RELEASE) LUND, 9-Jan-2023 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has announced it is hosting an event in February to showcase innovative products and insights related to sustainability in process … Read the full press release

Professor Machiel Mulder, University of Groningen: Individual Efforts Alone May Not Drive Energy Transition

(PRESS RELEASE) GRONINGEN, The Netherlands, 9-Jan-2023 — /EuropaWire/ — University of Groningen, one of the most traditional and prestigious universities in the Netherlands, has announced that its Professor of Energy Economics Machiel Mulder argues that individual actions, like switching to … Read the full press release

Professeur Machiel Mulder, Université de Groningue : les efforts individuels ne suffisent pas à eux seuls à conduire la transition énergétique

(COMMUNIQUÉ DE PRESSE) GRONINGEN, The Netherlands, 9-Jan-2023 — /EuropaWire/ — University of Groningen, l’une des universités les plus traditionnelles et les plus prestigieuses des Pays-Bas, a annoncé que son professeur d’économie de l’énergie Machiel Mulder affirme que les actions individuelles, … Read the full press release

DNV and RSI launch study to decarbonize sea transport in Baltic and North Sea

(PRESS RELEASE) BÆRUM, 5-Jan-2023 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, and the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bulk charterers, have launched a feasibility study to develop a commercial framework for orders … Read the full press release

Retoflow Cloud Software Streamlines Connection Requests and Cross-Sector Energy Network Planning

(PRESS RELEASE) MUNICH, 2-Jan-2023 — /EuropaWire/ — Fraunhofer-Gesellschaft, Europe’s largest application-oriented research organization, has announced that the energy market is shifting towards renewable energy sources and there is a rising number of requests to connect solar plants, heat pumps, and … Read the full press release

The European Investment Bank (EIB) to loan EUR 100 million to SG Equipment Leasing Polska aimed at green financing of SMEs in Poland

SG EQUIPMENT LEASING POLSKA (SGEF Poland) receives EIB financing of EUR 100m to support the development of SMEs and Midcaps in Poland. The loan will facilitate acceleration of pro-climate action, especially projects supporting greenhouse gases reduction and low-carbon emissions. (PRESS … Read the full press release

DNV provided due diligence and market assessment to the Asian Development Bank (ADB) for their $135 million climate financing of VinFast’s electric vehicle (EV) expansion project in Vietnam

(PRESS RELEASE) BÆRUM, 8-Dec-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced that the company provided  due diligence and market assessment services to the Asian Development Bank (ADB) for their $135 million climate financing of … Read the full press release

Caisse d’Epargne CEPAC secures EUR 350 million financing package from the European Investment Bank (EIB) aimed at financing solar and wind projects in France

(PRESS RELEASE) LUXEMBOURG, 7-Dec-2022 — /EuropaWire/ — The European Investment Bank (EIB), the lending arm of the European Union, has announced it will support solar and wind projects in France by providing EUR 350 million financing package to Caisse d’Epargne … Read the full press release

Skandinaviska Enskilda Banken (SEB)’s latest The Green Bond report: the world seems unlikely to be able to limit global warming to 1.5 degrees Celsius

(PRESS RELEASE) STOCKHOLM, 23-Nov-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced the release of its latest The Green Bond report (The Green Bond November 2022) with … Read the full press release

Equinor announced first electricity generated from the floating wind farm Hywind Tampen in the North Sea

(PRESS RELEASE) STAVANGER, 14-Nov-2022 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced the first electricity generated from the floating wind farm Hywind Tampen in … Read the full press release

Conformity Statements by DNV confirms the safe and reliable design basis for two offshore wind farms part of Nordseecluster, a joint wind projects of RWE and Northland Power

(PRESS RELEASE) BÆRUM, 29-Sep-2022 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced that the company has issued Conformity Statements for two offshore wind farms part of the Nordseecluster, a joint wind project of RWE and … Read the full press release

Wood PLC signs $350 million contract with bp to drive higher efficiency and productivity across their offshore portfolio

(PRESS RELEASE) ABERDEEN, 28-Sep-2022 — /EuropaWire/ — Wood PLC, one of the world’s leading consulting and engineering companies operating across Energy and the Built Environment, has announced the signature of a $350 million contract with bp, a British multinational oil … Read the full press release

EDF to sale its 50 percent stake in 870MW Sloe CCGT power plant in the Netherlands to EPH, the Czech power and infrastructure operator

(PRESS RELEASE) PARIS, 27-Sep-2022 — /EuropaWire/ — EDF (EPA: EDF), the world-leading nuclear operator, has announced the sale of its 50 percent stake in 870MW Sloe CCGT in the Netherlands to EPH, the Czech power and infrastructure operator. The gas-fired … Read the full press release

Iberdrola, the Spanish leader in clean energy, sells 49 percent stake in its first operational offshore wind farm in Germany for EUR 700 million

(PRESS RELEASE) BILBAO, 14-Sep-2022 — /EuropaWire/ — Iberdrola (BME: IBE), a Spanish multinational leader in clean energy and a pioneer in the deployment of smart grids, has announced the sale of  49 percent stake in its first operational offshore wind … Read the full press release

Iberdrola, der spanische Marktführer für saubere Energie, verkauft 49 Prozent der Anteile an seinem ersten in Betrieb befindlichen Offshore-Windpark in Deutschland für 700 Millionen Euro

(PRESSEMITTEILUNG) BILBAO, 14-Sep-2022 — /EuropaWire/ — Iberdrola (BME: IBE), ein spanischer multinationaler Marktführer im Bereich saubere Energie und a Pionier im Einsatz von Smart Grids, hat den Verkauf von  49-prozentige Beteiligung an seinem ersten in Betrieb befindlichen Offshore-Windpark in Deutschland, … Read the full press release

Leonhard Birnbaum, CEO of E.ON: Current energy crisis finally makes clear that Europe needs to transform its energy system

2022 forecast at Group level for investments, adjusted EBITDA, and adjusted net income reaffirmed Economic net debt down significantly, declining by €1.3 billion to €37.4 billion Implementation of growth strategy on schedule; demand for sustainable customer solutions rising (PRESS RELEASE) … Read the full press release