Tag Archives: Germany

Germany’s Urban Heat Transition: E.ON Maps Path to Climate Neutrality

(IN BRIEF) Germany aims for climate neutrality by 2045, focusing on transforming heating systems in major cities like Berlin, Hamburg, Munich, and Cologne. E.ON’s latest data highlights the prevalence of district heating and the adoption of heat pumps, alongside challenges … Read the full press release

Logicor and BSH Hausgeräte GmbH Renew Lease Agreement for Key Logistics Property in Nauen

(IN BRIEF) Logicor has renewed its lease agreement with BSH Hausgeräte GmbH for a 52,000 sqm logistics property in Nauen, Brandenburg, Germany. This renewal includes a Green Lease clause, committing both parties to resource conservation and energy optimization, thus contributing … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release

BASF and Graphit Kropfmühl Partner to Reduce Carbon Footprint in Graphite Production

(IN BRIEF) BASF and Graphit Kropfmühl have entered a partnership to reduce the carbon footprint of graphite produced at Graphit Kropfmühl’s Hauzenberg site by at least 25% using renewable energy certificates. This reduced-carbon graphite will be used in BASF’s Neopor® … Read the full press release

Siemens and Boson Energy Partner to Transform Non-Recyclable Waste into Green Hydrogen

(IN BRIEF) Siemens AG and Boson Energy have signed a Memorandum of Understanding to collaborate on converting non-recyclable waste into clean hydrogen energy. Utilizing Siemens’ advanced technology and consultancy services, including automation and digitalization from the Siemens Xcelerator portfolio, the … Read the full press release

CompuGroup Medical (CGM) Achieves C5 Attestation for Cloud Services in Germany

(IN BRIEF) CompuGroup Medical (CGM) has achieved C5 attestation (Type 1) for its cloud services in Germany, complying with the rigorous standards set by the German Federal Office for Information Security (BSI). Effective from May 31, 2024, an independent auditing … Read the full press release

MWB AG Rings in New Era with Vienna Stock Exchange Listing

(IN BRIEF) MWB AG, a German company specializing in luxury watch trading across the DACH region, celebrated a significant achievement today as it commenced trading on the Vienna Stock Exchange’s direct market plus segment. With NuWays AG acting as underwriter … Read the full press release

Vestas Lands 105 MW Wind Turbine Order for LEAG’s Forst-Briesnig II Project in Germany

(IN BRIEF) Vestas has secured a 105 MW order from LEAG for the Forst-Briesnig II wind energy project in Germany’s Lausitz region. The project, set on a former brown coal mining area, will include 17 V162-6.2 MW wind turbines. Vestas … Read the full press release

Vestas Wins 114 MW Wind Turbine Contract for Germany’s Ahlum-Dettum Project

(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release

Report by E.ON and Thüga Highlights Strategic Role of Electrolyzers in Germany’s Energy Transition

(IN BRIEF) A joint report commissioned by E.ON and Thüga, conducted by the Institute of Energy Economics at the University of Cologne (EWI), assesses the strategic placement of electrolyzers across Germany to support the energy transition. The study identifies regions … Read the full press release

EIB Funds €1.2 Billion for Denmark’s Largest Wind Farm to Power Over a Million Homes

(IN BRIEF) The European Investment Bank (EIB) is providing a €1.2 billion loan to support the construction of the Thor wind farm in the Danish North Sea, developed by RWE. The 1.1 GW wind farm, consisting of 72 turbines, will … Read the full press release

Ørsted and Nuveen Infrastructure Reach Milestone with First Turbine Installed at Borkum Riffgrund 3 Offshore Wind Farm

(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release

Kuehne+Nagel Opens State-of-the-Art Logistics Hub for Wacker Neuson in Rhineland-Palatinate

(IN BRIEF) Kuehne+Nagel has launched a new contract logistics center in Rhineland-Palatinate, dedicated to servicing Wacker Neuson Group’s global spare parts supply for light and compact equipment. Spanning 55,000 square meters, the facility employs advanced ‘goods-to-person’ robotics technology with over … Read the full press release

Bechtle Secures Framework Agreement with IT.Niedersachsen to Drive Digitalization in Lower Saxony

(IN BRIEF) Bechtle secures a new framework agreement with IT.Niedersachsen to drive digitalization in Lower Saxony, emphasizing project management and IT consultation services. The agreement spans two years with the potential for extensions, signaling Bechtle’s pivotal role in supporting the … Read the full press release

Bonprix Achieves Milestone in Digital Transformation with SAP BW/4HANA Integration

(IN BRIEF) Bonprix, a leading international fashion company, has successfully implemented SAP BW/4HANA and SAP Datasphere solutions, marking a significant step in its digital transformation journey. With a dynamic multi-cloud data landscape now in place, Bonprix aims to streamline operations, … Read the full press release

Cottbuser Ostsee to Host Germany’s Largest Floating Solar Power Plant by EPH Power Europe

(IN BRIEF) Germany’s largest post-mining lake, the “Cottbuser Ostsee,” is set to host a groundbreaking floating solar plant, scheduled to begin operation in winter 2024/2025. Generating 29,000 MWh of electricity annually, this initiative not only powers thousands of households but … Read the full press release

Industry Giants Join Forces to Transform Discarded Tires into Sustainable Automotive Plastics

(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release

Barclays Continues Expansion Strategy with Key Hire for German-speaking Markets

(IN BRIEF) Barclays, a leading global financial institution, has announced the appointment of Christian Wagner as the Head of Investment Banking for Germany, Austria, and Switzerland (DACH). In this role, Mr. Wagner will oversee the entire Investment Banking business for … Read the full press release

European Investment Bank and Deutsche Kreditbank Strengthen 25-Year Collaboration with Renewables Initiative

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) recently celebrated their 25-year partnership by signing a new agreement at DKB’s Berlin headquarters, aimed at supporting renewable energy projects for Small and Medium Enterprises (SMEs) in Germany. Under … Read the full press release

Airbus H145 Helicopters Chosen by HTM for Offshore Wind Transport Solutions

(IN BRIEF) HTM Helicopters has initiated an order for an Airbus H145 helicopter, with an option for two more of the same model, to bolster their fleet for offshore wind operations along the coasts of Germany and France. Bernd Brucherseifer, … Read the full press release