Tag Archives: Green Energy

ANDRITZ to Equip Ebensee Pumped Storage Plant, Advancing Green Energy Goals

(IN BRIEF) International technology group ANDRITZ has received an order from Energie AG to supply equipment for the new Ebensee pumped storage power plant in Austria. This project, the largest investment by the utility, aims to enhance energy sustainability by … Read the full press release

EBRD and EU Support Montenegro’s Green Energy Efficiency Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release

Iberdrola’s Solar Community to Save Residents 40% on Energy Bills in Madrid

(IN BRIEF) Iberdrola has installed Spain’s largest solar community at the Nexum Retail Park in Fuenlabrada, Madrid. This solar initiative enables 1,100 nearby households to access 100% renewable energy, saving up to 40% on energy costs without needing individual installations. … Read the full press release

EBRD Invests €75 Million in Poland’s R.Power to Boost Green Energy Expansion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €75 million in R.Power S.A, a leading renewable energy developer in Poland, to support the expansion of green energy generation across Europe. This marks the EBRD’s second investment … Read the full press release

NIB and Stockholm Exergi Partner for SEK 1.3 Billion Green Energy Investment

(IN BRIEF) The Nordic Investment Bank (NIB) and Stockholm Exergi Holding AB (Publ) have signed a 10-year SEK 1,300 million loan agreement to support critical energy infrastructure projects in Stockholm. This partnership aims to upgrade the district heating network, modernize … Read the full press release

wpd Secures Grid Access for 740 MW Wind Farms in Sweden, Boosting Green Energy Production

(IN BRIEF) wpd, a leading global developer and operator of wind and solar farms, has secured grid access for two wind farms, Broboberget and Lannaberget, in Sweden. The grid connection agreement with Ellevio allows for up to 740 MW of … Read the full press release

EBRD and Morocco’s Ministry of Energy Partner to Advance Green Energy Transition

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Morocco’s Ministry of Energy Transition and Sustainable Development (METSD) have signed a Memorandum of Understanding to collaborate on accelerating the decarbonization of Morocco’s electricity sector. The partnership will focus … Read the full press release

Catalyzing Green Energy: EIB Commits €700 Million for Naturgy’s Power Network Upgrade in Spain

(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million loan to support the expansion and modernization of Naturgy’s electricity distribution network in Spain. The first tranche of €500 million has been signed in Madrid, and the project … Read the full press release

50Hertz Signs €4.6 Billion Contracts for High-Performance Cables to Advance Germany’s Green Energy Goals

(IN BRIEF) 50Hertz, a major electricity transmission system operator in Germany, has entered into project and framework contracts with leading European cable manufacturers NKT and Prysmian Power Link. These contracts, valued at €4.6 billion, cover the production and installation of … Read the full press release

NIB and Varanger Kraft Collaborate on Green Energy Upgrade and Hydrogen Production in Norway

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a seven-year loan agreement with Norwegian utility company Varanger Kraft to support the upgrade of their hydrogen facility and the improvement of the electricity distribution network in Norway’s Varanger region. … Read the full press release

Mercedes-Benz Unveils Ambitious Expansion of Global High-Power Charging Network

(IN BRIEF) Mercedes-Benz is set to launch its initial high-power charging stations this fall, starting in Atlanta (USA), Chengdu (China), and Mannheim (Germany). This move marks the beginning of a global charging network expansion, aiming to have over 2,000 high-power … Read the full press release

RWE Takes Solar Business to New Heights in Spain, Launches Puerta del Sol Farm

(IN BRIEF) RWE is expanding its solar business in Spain with the commissioning of the Puerta del Sol solar farm, following the earlier launch of Casa Valdes. Puerta del Sol, located near Madrid, has a capacity of 44 MWac and … Read the full press release

Rheinmetall Commences Construction of Solar Park in South Africa, Advancing Sustainability Goals

(IN BRIEF) Rheinmetall has begun constructing a solar park at its site in Somerset West, South Africa. The solar park, fully funded by Rheinmetall, is expected to be operational by year-end. The initiative aims to reduce the company’s environmental impact … 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

Iberdrola to Construct Southern Europe’s First Green Ammonia Plant in Landmark Partnership with Trammo

(IN BRIEF) Iberdrola and Trammo have signed a major agreement to advance the use of green ammonia in Europe. The agreement involves the purchase and sale of up to 100,000 tons of green ammonia per year, making it the largest … Read the full press release

Portugal’s REN to modernize and expand electricity transmission network with €450m EIB loan

(IN BRIEF) The European Investment Bank (EIB) has agreed to provide a €450 million loan to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance the upgrading and reinforcement of the Portuguese electricity transmission network and renewable energy connections. The project … 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

SUEZ and Waga Energy launch new Renewable Natural Gas (RNG) production unit in southwestern France, the fifth project of the two companies

(PRESS RELEASE) PARIS, 20-Dec-2022 — /EuropaWire/ — SUEZ Group, a French multinational company with over 160 years of expertise in water and waste management, has announced the launch of a new Renewable Natural Gas (RNG) production unit at the Madaillan … Read the full press release

TotalEnergies to produce biomethane from Veolia waste and water treatment facilities as part of a new agreement

(PRESS RELEASE) PARIS, 2-Feb-2022 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the company will start producing biomethane from waste and water treatment facilities located in 15 countries as part of a new … Read the full press release

Ingrid Reumert to lead Group Stakeholder Relations at Ørsted as Senior Vice President

(PRESS RELEASE) FREDERICIA, 1-Feb-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced the appointment of Ingrid Reumert as its new Senior Vice … Read the full press release