Tag Archives: energy transition

Schneider Electric Ignites Global Innovation in a €10,000 Solar Challenge

(IN BRIEF) Schneider Electric has launched registration for its 2025 Schneider Go Green Competition, inviting global teams of students and young entrepreneurs to design innovative energy solutions that enhance reliability, wellbeing, and cost-efficiency. With a theme centered on “Renewable Energy … Read the full press release

Innovative Projects Propel Advanced Healthcare, Materials Research, and Energy Solutions with NWO Support

(IN BRIEF) NWO’s Open Technology Programme is funding six application-oriented projects in the Applied and Engineering Sciences domain with an investment of over 4.9 million euros, supplemented by more than 720,000 euros from industry and other organizations. The projects, which … Read the full press release

Shell Launches MIDEL Brand to Bolster Global Transformer Liquid Solutions

(IN BRIEF) Shell has launched its new Shell MIDEL brand, integrating its range of ester-based transformer insulating liquids into a comprehensive portfolio alongside Shell Diala GTL. This expanded offering is designed to improve energy efficiency, reliability, and environmental protection across … Read the full press release

Banking Alliance Paves the Way for a Robust EU Clean Energy Future

(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release

REN Advances Sustainability with Ambitious Emission Reduction Targets and Strategic 2027 Plan

(IN BRIEF) REN – Redes Energéticas Nacionais is gaining international acclaim for its improved ESG performance, as evidenced by upgraded ratings from major sustainability assessors such as S&P Global, Carbon Disclosure Project, Morgan Stanley, ISS ESG, and Sustainalytics. Recognized as … Read the full press release

Neste Champions Renewable Fuels in Tour d’Europe to Accelerate Decarbonization

(IN BRIEF) Neste, a leader in renewable diesel and sustainable aviation fuel, is proud to contribute to the Tour d’Europe initiative—a three-month road trip across 23 countries that demonstrates the decarbonization potential of renewable fuels. With stops planned at Neste … Read the full press release

METLEN’s Gallium Project at Aluminium of Greece Earns EU Strategic Designation to Bolster Critical Raw Materials Supply

(IN BRIEF) METLEN’s major investment in gallium production at the historic Aluminium of Greece facility has been officially recognized as a Strategic Project under the Critical Raw Materials Act by the European Commission. This recognition, following a detailed evaluation by … Read the full press release

RWE Expands Italian Onshore Wind Portfolio with 93 MW Award in Renewables Auction

(IN BRIEF) RWE has secured a total of 93 MW of onshore wind capacity in Italy, winning contracts for two wind farm projects through the latest renewables auction. The projects include the 45 MW Venusia wind farm in Basilicata and … Read the full press release

Hydro to Bolster European Energy Networks with New Wire Rod Casthouse in Karmøy

(IN BRIEF) Hydro has unveiled plans to invest in a new wire rod casthouse at its Karmøy aluminium smelter in Norway, aiming to supply aluminium for Europe’s critical energy infrastructure. With a production capacity of 110,000 tonnes per year, the … Read the full press release

Alfa Laval Strengthens Global Energy Portfolio with Strategic Acquisition of Fives Cryogenics

(IN BRIEF) Alfa Laval has announced a binding put-option agreement to acquire Fives Cryogenics from Fives Group for EUR 800 million on a cash and debt-free basis. Fives Cryogenics, based in France, is a leader in cryogenic heat transfer and … Read the full press release

Reactive Technologies and Siemens Revolutionize Grid Resilience with Integrated Edge-to-Cloud Inertia Monitoring

(IN BRIEF) Siemens Smart Infrastructure and Reactive Technologies have formed a strategic partnership to advance grid stability and enhance renewable energy integration. By combining Reactive Technologies’ GridMetrix®—which provides real-time, accurate grid inertia data—with Siemens’ Gridscale X software, specifically the PSS®E … Read the full press release

Equinor Strengthens European Energy Security with New Halten East Gas Exports

(IN BRIEF) Equinor has announced that natural gas from its Halten East field will be exported to Europe, a move that significantly strengthens the region’s energy security. The press release details how years of investment and technological advancements have enabled … Read the full press release

EIB Boosts Dutch Grid Resilience with €500 Million Loan to Stedin

(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

EIB and Ayvens Launch EUR 700 Million Initiative to Electrify 19,000 Commercial Vehicles in Europe

(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

AkzoNobel Advances Towards 100% Renewable Electricity with Major Milestones in China

(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

Sweco Awarded Contract to Assess Environmental Risks for Ignalina’s Deep Geological Repository

(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

ANDRITZ Wins Major Order to Engineer Green Hydrogen Plant in Rostock, Germany

(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

ECOWAS Bank and European Investment Bank Launch €100 Million Partnership to Drive Climate Action in West Africa

(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

Eni and PETRONAS Announce Strategic Joint Venture to Develop Upstream Assets in Malaysia and Indonesia

(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

Ørsted Moves Forward with Denmark’s First Full-Scale Carbon Capture and Storage Project at Kalundborg CO2 Hub

(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