(IN BRIEF) AF Gruppen has agreed to acquire offshore engineering company Claxton in a deal valued at approximately NOK 800 million, strengthening its capabilities in offshore decommissioning, offshore wind, and conventional energy services. Claxton, a global provider with strong profitability … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Norway, Technology, United Kingdom
Tagged Aberdeen, Abu Dhabi, acquisition, Acquisition of Claxton Positions AF Gruppen for Growth in Offshore Wind and Decommissioning Markets, Acteon Group, AF Gruppen, AF Gruppen to Acquire Claxton in Move to Enhance Global Offshore Services and Energy Transition Offering, Amund Tøftum, Claxton, energy transition, engineering services, Houma Louisiana, industrial services, North Sea, Offshore Decommissioning, Offshore wind, renewable energy, Sam Hanton, Singapore, Stavanger
(IN BRIEF) The European Resilience Alliance for Clean Hydrogen and Derivatives has been launched in Brussels as a major industry-led initiative to accelerate clean hydrogen deployment across Europe. Supported by leading energy and industrial companies and in cooperation with Hydrogen … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Spain, Technology
Tagged Andrea Wechsler, Clean hydrogen, decarbonisation, Enagás, energy transition, ERA, ERA Initiative Brings Together Leading Energy Companies to Advance Hydrogen Infrastructure and Decarbonisation Goals, EU policy, European Commission, European Resilience Alliance for Clean Hydrogen and Derivatives, Fluxys, Fortum, Gasgrid Finland, Hydrogen Europe, hydrogen infrastructure, industrial competitiveness, Moeve, New European Alliance Targets Barriers to Clean Hydrogen Growth with Policy and Investment Roadmap, Nicolás González Casares, Nordion Energi, OGE, renewable energy, RWE, SEFE, Stegra, Teresa Ribera, ThyssenKrupp
(IN BRIEF) Vestas has been awarded a 70 MW contract by Tessa Green Energy to supply and service 11 EnVentus V162-6.4 MW wind turbines for the Strazhitsa wind project in Bulgaria. The agreement includes a long-term Active Output Management service … Read the full press release
Posted in Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Spain, Technology
Tagged Active Output Management AOM 5000, Alexander Manolev, Bulgaria, clean energy investment, Eastern Europe energy market, electricity export, Energy Independence, EnVentus V162-6.4 MW, renewable energy, Southeast Europe, Srdan Cenic, Strazhitsa wind project, Strazhitsa Wind Project Marks Key Step in Strengthening Bulgaria’s Energy Independence and Wind Power Capacity, Tessa Green Energy, Vestas, Vestas and Tessa Green Energy Advance Strategic Collaboration Through Strazhitsa Wind Farm Development, wind energy, wind turbines
(IN BRIEF) Henkel has announced new sustainability targets for 2030, focusing on reducing greenhouse gas emissions, advancing circular economy practices, promoting gender equity, and strengthening sustainable supply chains. The company aims to cut Scope 1 and 2 emissions by 42 … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged Carsten Knobel, CDP rating, circular economy, corporate sustainability, EcoVadis, ESG Strategy, gender equity, greenhouse gas emissions, Henkel, Henkel Sets Ambitious 2030 Sustainability Targets to Accelerate Net Zero and Circular Economy Goals, Henkel Strengthens ESG Strategy with New Climate, Net Zero 2045, Packaging and Supply Chain Commitments, recycled plastic packaging, renewable energy, supply chain sustainability, sustainability targets 2030, Sylvie Nicol
(IN BRIEF) ANDRITZ has been awarded a major contract to supply equipment for India’s largest pumped storage plant, the 3,000 MW Saidongar-1 Karjat project in Maharashtra, developed by Torrent Power. The project includes the delivery of ten pump turbines and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged Andritz, ANDRITZ Expands Role in India’s Energy Transition with Large-Scale Pumped Storage Project, carbon reduction, clean energy infrastructure, energy storage, engineering project, grid stability, hydropower, India energy, Maharashtra, New Pumped Storage Development Positions ANDRITZ and Torrent Power at the Forefront of India’s Clean Energy Infrastructure, power generation, pumped storage plant, renewable energy, Saidongar 1 Karjat, Torrent Power
(IN BRIEF) Equinor has sold an 8.07 percent stake in Scatec for approximately NOK 1.6 billion, reducing its shareholding to 8.05 percent while agreeing to a 90-day lock-up period on its remaining shares. The company originally became a shareholder in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Norway, Technology
Tagged Brazil Apodi Mendubim, energy sector, Equinor, Equinor Completes Share Sale in Scatec While Preserving Long-Term Renewable Energy Partnerships, equity stake, investment strategy, NOK 1.6 billion, Norwegian companies, portfolio management, renewable energy, Scatec, share sale, solar projects, Strategic Portfolio Adjustment Sees Equinor Lower Stake in Scatec with Continued Focus on Solar Projects
(IN BRIEF) RWE has successfully installed two offshore substations for the Nordseecluster A wind project, marking a key milestone in the development of the 1.6-gigawatt offshore wind cluster located in the North Sea. The substations, constructed in France and installed … Read the full press release
Posted in Banks, Energy, Gas & Oil, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Chantiers de l Atlantique, clean energy, energy transition, Germany offshore wind, grid infrastructure, Juist North Sea, Nordseecluster, Nordseecluster Development Advances as RWE Installs Key Offshore Infrastructure for 660 Megawatt Phase, Norges Bank Investment Management, North Sea wind farms, Offshore wind, renewable energy, RWE, RWE Completes Offshore Substation Installation Milestone for Nordseecluster Wind Project in the North Sea, Scaldis Gulliver, substation installation, Tobias Keitel, wind turbines
(IN BRIEF) ENGIE, through its ENGIE Vianeo brand, has been selected to deploy nearly 3,000 electric vehicle charging points across Belgium’s Walloon Region, further strengthening its position as a leading operator in the country’s electric mobility sector. The project includes … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology, Transportation & Logistics
Tagged 000 Charging Points Goal with Strategic Expansion of Public EV Network in Wallonia, Belgium, Brussels Capital Region, charging network, decarbonisation, electric mobility, electric vehicles, energy transition, ENGIE, ENGIE Accelerates European Electric Mobility Strategy with Large-Scale Charging Infrastructure Rollout in Belgium, ENGIE Advances Toward 25, ENGIE Vianeo, European Infrastructure, EV charging infrastructure, Flanders, Frank Lacroix, heavy goods vehicles, renewable energy, sustainable transport, Wallonia
(IN BRIEF) Gasum and Wasaline have extended their bio-LNG supply agreement through 2027, continuing their collaboration to support sustainable maritime transport in the Baltic Sea. The partnership enables Wasaline’s Aurora Botnia vessel to operate as part of a carbon-neutral shipping … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology, Transportation & Logistics
Tagged Aurora Botnia, Baltic Sea, Bio-LNG, biogas, carbon-neutral shipping, Emissions Reduction, European shipping, FuelEU Maritime, Gasum, green corridor, Jacob Granqvist, maritime fuel, Peter Ståhlberg, renewable energy, Stena Line, sustainable shipping, Wasaline, Wasaline and Gasum Reinforce Long Term Collaboration to Advance Low Emission Maritime Transport in Northern Europe
(IN BRIEF) Voith has secured a contract from Kraftwerke Oberhasli AG to supply and install two 70 MW variable-speed pump turbines and motor generators for the Grimsel 4 pumped storage power plant in Switzerland. The project will enhance energy storage … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Switzerland, Technology
Tagged Aleksandar Glamoclija, BKW Energie, Energie Wasser Bern, energy infrastructure, energy storage, ewz, grid stability, Grimsel 4, hydropower, IWB, Kraftwerke Oberhasli AG, Kraftwerke Oberhasli Selects Voith for Major Pumped Storage Project Supporting Renewable Energy Integration, KWO, motor-generators, pump turbines, pumped storage, renewable energy, Switzerland, Ueli Gasser, Voith, Voith Strengthens Energy Infrastructure Portfolio with New Hydropower Contract in Switzerland
(IN BRIEF) RWE has installed the world’s first offshore wind turbine featuring both a CO₂-reduced steel tower and recyclable rotor blades at its Thor wind farm in Denmark, marking a major step in advancing sustainable wind energy technology. The 1.1 … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Metals and Minerals, Technology
Tagged circular economy, CO2-reduced steel, Denmark, Denmark’s Largest Offshore Wind Project Reaches Key Milestone with Innovative Low Carbon Turbine Installation by RWE, energy transition, GreenerTower, Marc Becker, Nordseecluster, Norges Bank Investment Management, Offshore wind, OranjeWind, recyclable rotor blades, renewable energy, RWE, RWE and Siemens Gamesa Introduce Circular Wind Technology in Major Danish Offshore Project Set to Power One Million Homes, Siemens Gamesa, Sofia Offshore Wind Farm, sustainability, Sven Utermöhlen, Thor offshore wind farm, Thorsminde, wind turbines
(IN BRIEF) The Nordic Investment Bank has provided a €174.3 million loan to Statnett to support key upgrades to Norway’s transmission grid, including the Surna–Viklandet line and the Frogner substation. These projects aim to increase transmission capacity, reduce bottlenecks, and … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, News, Norway
Tagged André Küüsvek, Cathrine Lund Larsen, electrification, energy infrastructure, energy transition, Frogner substation, grid capacity, NIB, Nordic energy, Nordic Investment Bank, Nordic Investment Bank Provides Long Term Financing to Support Major Transmission Grid Upgrades in Norway, Norway, Oslo, power system, renewable energy, Statnett Secures Strategic Financing from NIB to Enhance Grid Reliability and Support Energy Transition Goals, Statnett SF, Surna Viklandet line, transmission grid, Trondheim
(IN BRIEF) BASF has successfully delivered and installed a major component for its industrial heat pump project at its Ludwigshafen site, marking a key milestone in the development of one of the world’s most powerful systems for emission-free steam generation. … Read the full press release
Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged BASF, BASF Moves Forward with Emission Free Steam Generation Project Supported by Major Government Funding, BASF Strengthens Sustainable Production with Milestone in Heat Pump Construction at Ludwigshafen Site, Chemical Industry, CO2 reduction, decarbonization, emission free steam, energy transition, formic acid production, German Federal Ministry for Economic Affairs and Energy, GIG Karasek, industrial heat pump, Ludwigshafen, renewable energy
(IN BRIEF) Gasum has expanded its filling station in Joensuu to include liquefied biogas refuelling for heavy-duty vehicles, improving both fuel availability and operational reliability in Eastern Finland. The upgrade makes the station the easternmost LBG facility in the country … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology, Transportation & Logistics
Tagged circular economy, compressed biogas, Finland, Gasum, Gasum Advances Low Emission Transport in Finland with Expanded Biogas Station for Heavy Vehicles, Gasum Enhances Biogas Availability and Reliability for Public and Heavy Transport with Joensuu Expansion, heavy duty vehicles, Joensuu, Juho Kurra, Jukka Komulainen, LBG, liquefied biogas, low emission fuels, public transport Finland, renewable energy, Savonlinja, sustainable transport
(IN BRIEF) TotalEnergies and Masdar have signed a binding agreement to create a $2.2 billion joint venture focused on onshore renewable energy across nine Asian countries. The partnership will combine 3 GW of operational assets and 6 GW of projects … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged Abu Dhabi Global Market, Asia energy market, battery storage, clean energy investment, electricity demand growth, energy transition, Global Energy Leaders Unite to Scale Solar Wind and Storage Projects Across High Growth Asian Economies, joint venture, Masdar, Mohamed Jameel Al Ramahi, New Joint Venture Positions TotalEnergies and Masdar as Key Players in Asia Renewable Energy Growth, Patrick Pouyanné, renewable energy, solar power, Sultan Al Jaber, TotalEnergies, wind energy
(IN BRIEF) RWE has expanded its Power Purchase Agreement with ASML, increasing renewable capacity to around 130 MW and extending the contract until 2038. The agreement includes power from offshore and onshore wind farms in Belgium and the Netherlands, supplying … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Netherlands, Technology
Tagged ASML, Belgian wind energy, clean electricity, decarbonisation, Dutch wind farms, energy transition, Major Renewable Energy Deal Highlights Role of Offshore Wind in Supporting High Tech Industry Growth, Northwester 2, Offshore wind, OranjeWind, Power Purchase Agreement, PPA, renewable energy, RWE, RWE and ASML Deepen Strategic Partnership with Increased Wind Power Capacity and Long Term Contract Extension, Semiconductor industry, TotalEnergies, Ulf Kerstin
(IN BRIEF) InfraVia Capital Partners has created Supernova Power, a new UK-focused flexible energy platform, by acquiring and merging Mercia Power Response and Balance Power Projects. The combined entity brings together complementary strengths in battery storage development, gas peaking operations, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Real Estate, Technology, United Kingdom
Tagged Ashurst, Aymar de Tracy, Balance Power Projects, battery energy storage, BESS, Burges Salmon, Ed Wilson, energy transition, EY, flexible power, Foresight Group, gas peaking plants, Graham White, grid stability, InfraVia Capital Partners, InfraVia Expands UK Energy Investment Strategy with Creation of Integrated Flexible Power Platform Supernova Power, Macquarie Capital, Major Energy Platform Launch Positions Supernova Power as Key Player in UK Battery Storage and Flexible Generation Market, Mercia Power Response, Osborne Clarke, Phil Thompson, renewable energy, Squire Patton Boggs, Supernova Power, UK energy market
(IN BRIEF) Fraunhofer IFF, together with partners BEIA Consult International and INELSO Innovative Electrical Solutions, is developing a module-level sensor system under the ZeroDefect4PV project to improve monitoring and maintenance of large photovoltaic power plants. The system uses sensors attached … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology
Tagged AI diagnostics, BEIA Consult International, BMWK Germany, Christoph Wenge, Elbfabrik, energy efficiency, energy transition, ERA Net Smart Energy Systems, fault detection, Fraunhofer IFF, Hannes Peter Wasser, INELSO Innovative Electrical Solutions, LoRaWAN, module level monitoring, Photovoltaic Systems, predictive maintenance, renewable energy, solar power plants, solar technology, ZeroDefect4PV
(IN BRIEF) The European Investment Bank Advisory team is working with Greece’s Ministry of Infrastructure and Transport and OSY S.A. to prepare a major investment programme supporting the energy needs of Athens’ expanding electric bus fleet. As the number of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, Technology, Transportation & Logistics
Tagged Athens, Attica, bus depots, bus fleet renewal, charging infrastructure, cleaner city, EIB Advisory, electric buses, Energy management, energy storage, energy supply, European Investment Bank, financing solutions, Greece, Konstantinos Kyranakis, Ministry of Infrastructure and Transport, OSY S.A., public transport, renewable energy, sustainable transport, taxpayer savings, tender preparation, urban mobility, Yannis Tsakiris
(IN BRIEF) The European Bank for Reconstruction and Development has increased its investment in Green Genius by €50 million, bringing its total commitment to €150 million. The funding will support the company’s renewable energy expansion across Lithuania, Latvia, and Poland, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Latvia, Lithuania, Management, Poland, United Kingdom
Tagged battery energy storage systems, BESS, EBRD, EBRD Strengthens Renewable Energy Portfolio with Additional €50 Million Equity Stake in Green Genius, EBRD Supports Energy Transition in Baltic Region with Increased Investment in Battery Storage and Renewable Projects, energy transition, European Bank for Reconstruction and Development, Green Genius, grid resilience, Grzegorz Zieliński, infrastructure investment, Latvia, Lithuania, Modus Group, Poland, renewable energy, Ruslan Sklepovič, solar power, sustainable energy, Tomas Kairys, wind energy
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