Tag Archives: Italy

Plenitude Launches Numancia Wind Plant in Soria, Spain, Boosting Renewable Energy Capacity to 440 MW

(IN BRIEF) Plenitude has officially launched the Numancia wind plant in Soria, Spain, consisting of two adjacent wind farms that will generate approximately 31 GWh of electricity annually, sufficient to power over 9,500 households. With this project, Plenitude’s total installed … Read the full press release

Bang & Olufsen and Ferrari Launch Exclusive Second Special Edition Collection Featuring High-End Audio and Visual Solutions

(IN BRIEF) Bang & Olufsen has partnered with Ferrari to launch their second Special Edition Ferrari Collection, featuring three high-end products: the Beolab 50 speakers, Beosound Theatre soundbar, and Beovision Theatre TV. This collection incorporates Ferrari’s signature Grigio Corsa color … Read the full press release

Vodafone Launches Smart Wi-Fi Backup to Keep Customers Connected During Broadband Outages

(IN BRIEF) Vodafone has launched Smart Wi-Fi Backup, a service that ensures uninterrupted internet connectivity by switching fixed broadband customers to Vodafone’s 4G or 5G network during outages. The service, which will expand across Europe in 2025, connects all devices … Read the full press release

Authorities Dismantle Albanian-Led Drug Ring in Italy, 66 Arrested in Eurojust-Coordinated Operation

(IN BRIEF) Authorities in Italy, Albania, Poland, and Switzerland, coordinated by Eurojust, have dismantled a major Albanian-led cocaine trafficking network. A total of 66 individuals were arrested, with 45 of them taken into custody on an action day. The criminal … Read the full press release

International Crackdown on Fraud Network Exploiting European Public Institutions Yields Major Seizures

(IN BRIEF) German and Italian authorities, with the support of Eurojust and Europol, have successfully dismantled a large-scale fraud operation that targeted public institutions, cities, and municipalities. The suspects used phishing techniques to manipulate real invoices and divert payments meant … Read the full press release

Stellantis Drives Manufacturing Innovation with AI and Sustainable Solutions at Factory Booster Day

(IN BRIEF) Stellantis is advancing its manufacturing processes through AI-driven innovations and sustainable solutions, as showcased at its ninth annual Factory Booster Day on September 18, 2024, in Turin, Italy. The event featured over 60 partners and 93 new technologies … Read the full press release

EIB and BNZ Join Forces to Expand Solar Energy in Southern Europe with €166 Million Green Loan

(IN BRIEF) The European Investment Bank (EIB) and BNZ have signed a €166 million loan to support the construction of 17 new solar photovoltaic plants in Spain, Italy, and Portugal, as part of a larger €500 million initiative. These plants … Read the full press release

Apollo Acquires Stake in bp’s Trans Adriatic Pipeline, Exploring Further Energy Collaboration

(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release

E.ON and Siemens Partner to Expand Public EV Charging Across Europe

(IN BRIEF) E.ON and Siemens have signed a global framework agreement to strengthen E.ON’s public charging infrastructure across Europe. The collaboration will deploy Siemens’ SICHARGE D high-power chargers and Sifinity Control backend system, optimizing network management and reliability. The agreement … Read the full press release

CNP Vita Assicura Awards €15.6 Billion Asset Management Mandate to Ostrum AM

(IN BRIEF) CNP Vita Assicura, a subsidiary of CNP Assurances, has entrusted Ostrum Asset Management with a €15.6 billion asset management mandate following a competitive tender. The partnership covers fixed income, equities, and multi-asset investments, along with risk management services … Read the full press release

ContourGlobal Partners with AFRY to Revamp 35 Solar Plants in Italy, Boosting Efficiency and Sustainability

(IN BRIEF) ContourGlobal has selected AFRY to provide engineering services for the rehabilitation and efficiency improvement of 35 solar photovoltaic (PV) plants across nine regions in Italy, representing 60 MW of installed capacity. The project will enhance the performance of … Read the full press release

EIB and LIFTT Unite in €100 Million Venture to Propel Italian Innovation and Sustainability

(IN BRIEF) The European Investment Bank (EIB) and venture capital firm LIFTT have announced a €100 million partnership to support innovation in Italy. Together, they will create LIFTT EuroInvest, a joint stock company aimed at making 20 to 30 equity … Read the full press release

EBRD-Backed Sanum per Fructus Modernizes Serbian Beekeeping with Digital Innovation for Sustainable Honey Production

(IN BRIEF) Sanum per Fructus, a honey producer in Kragujevac, Serbia, is modernizing its operations by integrating digital technology while maintaining traditional beekeeping practices. Supported by the EBRD’s Youth in Business Programme, the company connects with local beekeepers through a … Read the full press release

SSIF Expands Fleet with Additional Stadler Narrow-Gauge Trains, Supported by EU Funding

(IN BRIEF) The Italian railway operator SSIF has ordered additional narrow-gauge trains from Stadler, bringing the total to four as part of a framework agreement supported by €35.7 million in European funding. These new trains will operate on the Domodossola-Locarno … Read the full press release

Eurojust-Assisted Operation Leads to Capture of Fugitive Italian Crime Boss in Slovenia

(IN BRIEF) Italian and Slovenian authorities, supported by Eurojust, successfully arrested a fugitive Italian crime leader in Koper, Slovenia. The 40-year-old, who had been evading a 21-year prison sentence for various serious crimes including drug trafficking, extortion, and kidnapping, was … Read the full press release

Langley Holdings Acquires GKN Hydrogen to Enhance Sustainable Energy Solutions

(IN BRIEF) Langley Holdings has acquired GKN Hydrogen, an Italian specialist in hydrogen storage and power-to-power technology, from Dowlais Group. GKN Hydrogen’s innovative technology stores hydrogen in a solid state at 16 times the density of compressed gas, maintaining efficiency … Read the full press release

Eni’s Enilive and Poste Italiane Partner to Supply Biofuels for Ground Vehicles and Aircraft

(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release

EIB and Natixis Finance Major Photovoltaic Project in Italy

(IN BRIEF) The European Investment Bank (EIB), Natixis Corporate & Investment Banking (Natixis CIB), and the Sunprime Group have signed a project finance operation worth €204 million to support the construction of over 100 photovoltaic plants across Italy, with a … Read the full press release

EIB and Prysmian Join Forces to Enhance Europe’s Energy Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release

AFRY Leads Innovative Climate Resilience Study on Ischia, Presented by EIB

(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release