(IN BRIEF) WindEurope’s Board of Directors has named Henrik Andersen, CEO of Vestas, as the new Chair for an 18-month period, with Rasmus Errboe, CEO of Ørsted, serving as Vice-Chair. This leadership change comes at a pivotal time as Europe … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management
Tagged Board of Directors, Clean Industrial Deal, companies, electrification, Energy Independence, Europe, European energy transformation, grid infrastructure, Henrik Andersen, industrial competitiveness, JOBS, permitting efficiencies, Rasmus Errboe, regulatory packages, Vestas, wind energy, WindEurope, Ørsted
(IN BRIEF) Hydro has initiated construction on its new recycling plant in Torija, Spain, with an investment of EUR 180 million. The facility, part of Hydro’s expansive European recycling portfolio, is designed to improve the efficiency and sustainability of aluminium … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, News, Norway, Spain
Tagged aluminium recycling, Azuqueca, CBAM, circular economy strategy, CO₂ footprint, DNV, energy efficiency, European circular economy, extrusion ingots, Hanne Simensen, Hydro, Hydro CIRCAL, industrial competitiveness, low-carbon, post-consumer scrap, recycling plant, sustainable production, Torija
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Alain Papiasse, Ambroise Fayolle, BNP Paribas, corporate banking, EIB, Energy Independence, energy transition, EU, EU renewable energy targets, European Investment Bank, European Wind Power Package, grid interconnections, industrial competitiveness, INNOVATION, InvestEU, investments, low-carbon economic model, low-carbon energy, net-zero emissions, partnership, renewable energy, supply chain efficiency, sustainability, sustainable energy, wind energy, wind farms, Yannick Jung, €8 billion
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged bank guarantees, de-risking instruments, EIB, energy demand, energy security, energy transition, EU programme, EU renewable-energy target, Europe, European Investment Bank, financial institutions, grid interconnection, industrial competitiveness, InvestEU, partnership, renewable energy, Santander, strategic autonomy, sustainability, turbines, wind energy manufacturers, wind energy sector, wind power package, wind value chain
(IN BRIEF) Poland is advancing its offshore wind energy ambitions with the completion of two key substations for the Baltic Power wind farm, marking the start of commercial-scale offshore wind development in the country. The project is part of a … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology
Tagged Baltic Power, Baltic Sea, clean energy, decarbonization, electric vehicles, Energy Independence, energy security, EU climate goals, EU Presidency, GPB, Grupa Przemysłowa Baltic, industrial competitiveness, Malgosia Bartosik, offshore substations, Offshore wind, offshore wind farm, partnership, Poland, Pomerania, renewable energy, sustainability, WindEurope
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