(IN BRIEF) Cefic and the Alliance of Energy Intensive Industries have presented a joint position paper outlining recommendations for the European Union’s upcoming Electrification Action Plan, warning that high and volatile electricity prices are undermining industrial competitiveness and slowing decarbonisation. … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged Alliance of Energy Intensive Industries, Cefic, Cefic and Energy Intensive Industries Call for Affordable Electricity to Support EU Industrial Electrification Strategy, CEPI, CERAME UNIE, decarbonisation, EIGA, electricity prices, Electrification Action Plan, emissions trading system, Energy Policy, energy-intensive industries, ETS indirect cost compensation, EU energy market, EU industry, EuLA, Euroalliages, Eurofer, Euromines, European Commission, European Energy Intensive Industries Outline Policy Measures to Ensure Competitive Electricity Prices and Industrial Decarbonisation, European Metals, European Union, EXCA, FuelsEurope, Glass Alliance Europe, IFIEC, industrial competitiveness, industrial electrification, Nicola Rega
(IN BRIEF) FORVIA will present an integrated portfolio of technologies for construction and mining equipment at CONEXPO-CON/AGG 2026, marking the first joint showcase of innovations from FORVIA Faurecia and FORVIA HELLA for off-highway markets. Highlights include the world premiere of … Read the full press release
Posted in Automotive, Business, Construction, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, Media, Metals and Minerals, Technology, Transportation & Logistics
Tagged CIPOS technology, CONEXPO CON AGG 2026, connected vehicle architecture, construction machinery technology, ergonomic seating systems, eVA Electronic Valve Actuator, Forvia, FORVIA Faurecia, FORVIA HELLA, FORVIA Showcases Connected Systems and Rare Earth Free Sensing Solutions to Support the Future of Industrial Mobility, industrial electrification, magnet free sensors, Media Pump MPx, mining equipment innovation, off-highway vehicles, operator safety and efficiency, radar safety systems, rare earth free solutions, Smart Link Concept, Thermal Management, Universal Angular Sensor
(IN BRIEF) Neste and Fortum have extended their strategic energy partnership through a new bilateral agreement for 2026–2030 under which Fortum will supply approximately 2.6 TWh of electricity from its Nordic generation portfolio to support Neste’s Finnish operations, particularly its … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged bilateral electricity agreement, electricity supply security, energy transition, Finland energy market, Fortum, hedging strategy, industrial electrification, Jori Sahlsten, long-term power contract, low-carbon energy, Neste, Neste and Fortum Strengthen Strategic Energy Cooperation to Support Industrial Electrification and Supply Security, Nordic power generation, Porvoo refinery, renewable fuels, Urs Pennanen
(IN BRIEF) Voith and ELIN Motoren have introduced the E-Pack DS, a fully integrated electromechanical drive system that merges motor and gearbox into a single synchronized drivetrain. With a power transmission capacity of up to 40 MW, the E-Pack DS … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Investment, Marketing, News, Technology
Tagged chemicals, Christian Fauland, Christian Honold, compressors, cost savings, drivetrain integration, E-Pack DS, efficiency, electromechanical drive system, ELIN Motoren, generators, high-speed gearbox, industrial electrification, motor, oil and gas, Petrochemicals, power generation, pumps, ROI, Turbomachinery and Pump Symposia, Voith, Voith and ELIN Motoren launch E-Pack DS to deliver compact and efficient electromechanical drive systems for global industries, Voith introduces E-Pack DS with up to 40 MW power transmission to meet growing demand for space-saving electrification
(IN BRIEF) Iberdrola España and Renfe have signed a 10-year VPPA to supply 370 GWh per year of onshore wind energy—equivalent to a 190 MW wind farm—granting Renfe long-term price stability and advancing Spain’s green transition. The pact will cut … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Spain, Technology, Transportation & Logistics
Tagged 10-year agreement, 370 GWh, Amazon, CO₂ reduction, David Martínez, electricity price stability, energy management roadmap, Iberdrola España, Iberdrola Group, industrial electrification, Marta Torralvo, Meta, Microsoft, onshore wind, partnership, Pexapark Renewables Market Outlook 2025, renewable energy transition, Renfe, sustainability, virtual power purchase agreement, VPPA, wind energy
(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Sweden, Technology
Tagged 5G network, Chromafora, City of Stockholm, Climate Action, economic development, EIB Group, EIF, electromobility, energy efficient housing, energy-efficient apartments, environmental sustainability, European Investment Bank, financing, green transition, industrial electrification, InvestEU, job creation, Malmö, partnership, PFAS, renewable energy, SKF, Slussen redevelopment, sustainability, Sweden, Tele2, wind power
(IN BRIEF) Outokumpu has completed a feasibility study for the potential construction of a Small Modular Reactor (SMR) near its Tornio plant in Finland, aimed at enhancing low-carbon energy availability. The study confirms the project’s feasibility and outlines several advantages, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged bio-chemicals, bio-fuels, biogenic waste, carbon capture and utilization, carbon-neutrality, CCUS, clean energy, CO2, decarbonization, electricity, ENERGY, energy development, feasibility study, Finland, Finland nuclear legislation, heavy industries, industrial electrification, low-carbon energy, nuclear power, nuclear technology, Offtake agreement, Outokumpu, partnership, Small Modular Reactors, SMRs, Steel Industry, Stefan Erdmann, sustainability, Tornio
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