Tag Archives: low-carbon energy

Lightsource bp Advances Renewable Energy Growth While Supporting Ecosystems, Soil Health and Community-Led Environmental Action

(IN BRIEF) Lightsource bp is marking the 56th annual Earth Day by highlighting its responsible development approach and the role of everyday environmental action in supporting the energy transition. Under the theme Our Power, Our Planet, the company is drawing … Read the full press release

Fortum launches Kalla hydrogen testing facility to support Nordic decarbonisation goals

(IN BRIEF) Fortum has inaugurated the Kalla Test Center in Loviisa as part of its long-term hydrogen development strategy. The €20 million pilot-scale facility will test and compare hydrogen production technologies under real operating conditions and is expected to become … Read the full press release

E.ON reports solid start to 2026 as investments in energy infrastructure and grid modernization support earnings growth

(IN BRIEF) E.ON reported higher earnings and continued investment growth during the first quarter of 2026 despite challenging geopolitical and market conditions. Adjusted Group EBITDA rose to €3.3 billion, while adjusted net income increased to €1.34 billion. The company maintained … Read the full press release

TotalEnergies Signs Offshore Exploration Cooperation Deal With EGAS to Assess Egypt’s Deepwater Potential

(IN BRIEF) TotalEnergies and the Egyptian Natural Gas Holding Company (EGAS) have signed a Memorandum of Understanding to cooperate on offshore exploration activities in northwestern Egypt. The agreement establishes a framework for technical collaboration focused on preliminary exploration and subsurface … Read the full press release

French Nuclear Group Orano Extends Leadership of Claude Imauven Amid Growing Energy Security Focus

(IN BRIEF) Orano has announced the re-appointment of Claude Imauven as Chairman of its Board of Directors following approval by decree of the President of the French Republic. The renewal of his mandate follows a recommendation by the Board and … Read the full press release

Neste and Fortum Extend Long-Term Electricity Partnership to Secure Power Supply for Finnish Refinery Operations

(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

Strategic Partnership Between Alfa Laval and ArianeGroup Targets Efficient Liquid Hydrogen Transfer for Mobility Applications

(IN BRIEF) Alfa Laval and ArianeGroup have signed a co-development agreement to industrialise a liquid hydrogen trailer pump, building on a memorandum signed in December 2024. The project aims to address critical challenges in liquid hydrogen logistics by enabling safer, … Read the full press release

District heating leader Statkraft Varme joins PATRIZIA to advance low-carbon energy transition in the Nordics

(IN BRIEF) PATRIZIA has agreed to acquire Statkraft Varme, the district heating business of Statkraft AS, in a deal worth up to EUR 312 million. Statkraft Varme operates 13 plants in Norway and Sweden, supplying low-carbon heating to households, businesses, … Read the full press release

Kuopion Energia Taps AFRY for SMR Site Feasibility and Environmental Study Ahead of 2035 Heating Upgrade

(IN BRIEF) Kuopion Energia is exploring SMRs to replace its Haapaniemi CHP plant by 2035 and has engaged AFRY to conduct an Environmental Impact Assessment and constructability study, with results due in spring 2027. This next phase follows AFRY’s earlier … Read the full press release

Equinor Unveils New Power Business Area and Appoints Helge Haugane as EVP to Propel Sustainable Growth and Reliability in Global Energy Markets

(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release

DNV Expands Irish Operations, Integrates Enviroguide, and Plans 200 New Jobs to Boost Sustainability and Energy Transition

(IN BRIEF) DNV has expanded its operations in Ireland by fully integrating Dublin-based Enviroguide Consulting and planning to recruit 200 new employees over the next two years. This expansion strengthens DNV’s commitment to supporting Ireland’s sustainability and energy transition goals … Read the full press release

Carmeuse CEO Highlights Need for Stronger EU Regulations to Support Decarbonation of Hard-to-Abate Sectors at Clean Industrial Deal Event

(IN BRIEF) At the one-year anniversary of the Antwerp Declaration, 400 industry leaders gathered in Antwerp to discuss the Clean Industrial Deal with EU Commission President Ursula von der Leyen and other key Commissioners. Tim Van den Bossche, CEO of … Read the full press release

EIB and BNP Paribas Partnership to Drive €8 Billion Investment in Europe’s Wind Energy Sector

(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

Outokumpu Completes Feasibility Study for Small Modular Reactor Project, Seeks External Investment for Development

(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

Imerys Achieves Top CDP Climate Rating and Strong ESG Performance in 2024

(IN BRIEF) Imerys has been recognized with an A rating on the CDP Corporate Climate A List for 2024, an improvement from its B score in 2023, underscoring the company’s commitment to reducing greenhouse gas emissions and achieving Science-Based Targets … Read the full press release

Almost 1 in 4 Planes Sold in 2045 to be Battery Electric, Finds IDTechEx Sustainable Aviation Market Report

(IN BRIEF) A report by IDTechEx forecasts that nearly 25% of planes sold in 2045 will be battery-electric, despite challenges like battery weight, limited range, ownership costs, and variable carbon reduction depending on energy grid sources. Current batteries are 40 … 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

TotalEnergies and SINOPEC Sign Strategic Agreement to Boost Low-Carbon Energy Initiatives

(IN BRIEF) During a state visit to France by the President of China, TotalEnergies and SINOPEC, represented by their respective leaders Patrick Pouyanné and Ma Yongsheng, signed a strategic cooperation agreement to enhance their collaboration in low-carbon energies. Building on … Read the full press release

Lightsource bp to Scale Up with Full Ownership by bp

(IN BRIEF) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release

DNV Estimates Green Hydrogen Potential of 300 TWh/a in Offshore Production

(IN BRIEF) A study commissioned by infrastructure system operators GASCADE and Fluxys and conducted by renewable energy consultant DNV has found that green hydrogen has the potential to generate up to 300 TWh/a, making offshore hydrogen production critical to meeting … Read the full press release