Tag Archives: energy transition

Salzgitter and ANDRITZ Break Ground on 100 MW Green Hydrogen Plant for Low-Carbon Steel Production

(IN BRIEF) Salzgitter has officially broken ground on a 100 MW electrolysis plant designed to produce green hydrogen for low-carbon steel production as part of its SALCOS® program. The project, set to deliver hydrogen starting in 2026, will play a … Read the full press release

KfW Research: Germany Faces Challenges in Heat Pump Adoption Despite Growing Market Demand

(IN BRIEF) The adoption of heat pumps in Germany remains slower compared to other European countries, largely due to the significant electricity-to-gas price ratio. However, recent findings from KfW Research suggest that adjusting these prices could significantly boost the number … Read the full press release

DAAD Urges Federal Government to Strengthen Internationalisation of German Universities and Science

(IN BRIEF) The German Academic Exchange Service (DAAD) is urging the new Federal Government to prioritize the internationalisation of Germany’s universities and research sectors to maintain competitiveness in a changing geopolitical environment. DAAD President Prof Dr Joybrato Mukherjee emphasized the … Read the full press release

Sines LNG Terminal Sets New Milestones in Portugal’s Natural Gas Supply, Contributing to National Network Growth

(IN BRIEF) The Sines LNG terminal, operated by REN, played a pivotal role in Portugal’s natural gas supply in 2024, delivering 98% of the National Gas System’s requirements. The terminal’s strategic importance continues to grow, with shipments primarily from Nigeria … Read the full press release

Lion Storage Secures Financing for One of Europe’s Largest Battery Energy Storage Systems

(IN BRIEF) Lion Storage, a Dutch energy storage developer, has reached financial close on the Mufasa project, set to become one of Europe’s largest battery energy storage systems (BESS). With a storage capacity of 1,400MWh and a power capacity of … Read the full press release

KKR Expands Stake in Enilive with €587.5 Million Investment to Strengthen Sustainable Mobility Strategy

(IN BRIEF) KKR has increased its stake in Enilive by purchasing an additional 5% of the company’s share capital, with a €587.5 million investment. This move aligns with KKR’s previously announced commitment and underscores the market’s confidence in Enilive’s business … Read the full press release

RWE Launches Major Battery Storage Systems to Support Energy Grid Stability in Germany

(IN BRIEF) RWE has launched one of Germany’s largest battery storage systems at its Hamm and Neurath sites, providing 220 MW of capacity to help stabilise the electricity grid. The system contributes to energy market balancing and is integrated into … Read the full press release

Construction Begins on Eastern Green Link 1, a Subsea Electricity Superhighway to Power Two Million Homes

(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release

EIB and BNP Paribas Partnership to Drive €8 Billion Investment in Europe’s Wind Energy Sector

(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release

AFRY Partners with Statkraft to Provide Technical Consultancy for Norway’s Renewable Energy Sector

(IN BRIEF) AFRY has entered into a framework agreement with Statkraft, Europe’s largest renewable energy producer, to provide technical consultancy in hydropower and electric power sectors in Norway. Building on their previous work in Sweden, the partnership aims to improve … Read the full press release

E.ON, Coventry City Council, and Kestrix Launch Thermal Drone Project to Improve Energy Efficiency

(IN BRIEF) E.ON, Coventry City Council, and Kestrix have partnered to enhance energy efficiency in the city using thermal camera drones and 3D heat loss modelling to collect data on heat losses from buildings. This collaboration aims to improve energy … Read the full press release

TotalEnergies Partners with GSPC for Long-Term LNG Supply to Support India’s Energy Transition

(IN BRIEF) TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a ten-year Sale and Purchase Agreement, under which TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG) annually starting in 2026. The LNG will primarily … Read the full press release

EIB and Santander Partner to Unlock €8 Billion for Europe’s Wind Energy Industry

(IN BRIEF) The European Investment Bank (EIB) and Santander have signed a €500 million counter-guarantee agreement, allowing Santander to create a portfolio of guarantees worth up to €1 billion. This agreement is expected to unlock €8 billion in investments to … Read the full press release

RWE Launches First Solar Farm in Saxony, Supporting Local Community and Biodiversity

(IN BRIEF) RWE has launched its first solar project in Saxony, the Schönau solar farm in Wildenfels, which will generate around 21 million kilowatt-hours of renewable energy annually. The farm, spanning 20 hectares with 36,000 solar modules, will power approximately … Read the full press release

STORAG ETZEL and EnBW Secure Contract to Develop Major Hydrogen Storage Facility at Etzel Site

(IN BRIEF) STORAG ETZEL GmbH and EnBW Etzel Speicher GmbH have secured a contract for the development of new hydrogen storage caverns at the Etzel site, which will have a total capacity of over one million cubic meters. EnBW will … Read the full press release

Baltic States Achieve Historic Electricity Grid Synchronization with Europe, Boosting Energy Security

(IN BRIEF) Estonia, Latvia, and Lithuania have successfully synchronized their electricity grids with the European Continental European Network, marking a significant step in their energy independence from Russia and Belarus. This achievement, celebrated as “Energy Independence Day,” strengthens the region’s … Read the full press release

ABL Partners with EHCAAN to Accelerate Decarbonization in Egypt’s Aviation Industry

(IN BRIEF) ABL, a global energy and marine consultancy, has partnered with the Egyptian Holding Company for Airports and Air Navigation (EHCAAN) to advance carbon reduction efforts within Egypt’s aviation industry. The MoU, signed on February 3, 2025, focuses on … Read the full press release

British Gas to Create 400+ Apprenticeship Roles in 2025 to Support Net Zero Goals and Drive Career Diversity

(IN BRIEF) British Gas has announced it will offer over 400 apprenticeship roles in 2025 as part of its effort to accelerate the transition to a net zero future. The apprentices will help with energy efficiency, boiler repairs, and the … Read the full press release

BASF Coatings Achieves 100% Renewable Electricity at North American Sites, Reducing CO2 Emissions by 11,000 Tons Annually

(IN BRIEF) As of January 2025, BASF Coatings has successfully transitioned to 100% renewable electricity at its Greenville, Ohio and Blackman Township, Michigan sites, resulting in an anticipated reduction of more than 11,000 tons of CO2 annually. This shift supports … Read the full press release

bp and Iberdrola Begin Construction of Spain’s Largest Green Hydrogen Plant in Castellón

(IN BRIEF) A joint venture between bp and Iberdrola España has commenced construction of Spain’s largest green hydrogen plant, set to begin operations by 2026. Located next to the bp refinery in Castellón, this 25 MW plant is expected to … Read the full press release