Tag Archives: renewable energy

Türkiye Selected as Regional Production Hub for ENERCON’s New Generation Onshore Wind Turbine Components

(IN BRIEF) ENERCON will establish a new rotor blade manufacturing facility in Bergama, Türkiye, to support production of components for its E-175 EP5 E2 onshore wind turbine model. The plant is expected to create around 700 jobs and produce up … Read the full press release

EIB and BNP Paribas Expand Long-Term Financing Access for European Agriculture and Bioeconomy Sectors

(IN BRIEF) The European Investment Bank and BNP Paribas Leasing Solutions have launched a €200 million financing initiative to support SMEs and mid-cap companies in the agriculture and bioeconomy sectors across Europe. The programme will fund investments in sustainable agricultural … Read the full press release

EIB and HBOR Launch New Funding Initiative for Renewable Energy, Infrastructure and Economic Growth Projects

(IN BRIEF) The European Investment Bank has approved a €200 million loan to HBOR to support investments by Croatian businesses and public-sector entities. The financing will help fund business expansion, modernization, renewable energy projects, energy-efficiency improvements, and public infrastructure development … Read the full press release

Deutsche Bank Participates in Major Australian Battery Storage and Renewable Energy Financing Package

(IN BRIEF) Deutsche Bank has provided a AUD 150 million seven-year non-recourse loan facility to support Palisade Investment Partners in refinancing debt linked to the Intera Renewables platform in Australia. The financing forms part of a wider AUD 845 million … 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

KfW and European partners double Clean Oceans Initiative funding target to EUR 4 billion to strengthen fight against marine plastic pollution

(IN BRIEF) KfW and its European institutional partners have expanded the Clean Oceans Initiative by doubling its financing target from EUR 2 billion to EUR 4 billion to intensify efforts against marine plastic pollution. Originally launched in 2018 by KfW, … Read the full press release

Energiekontor Strengthens Long-Term Renewable Energy Position Through New Financial Closings and Smart Technology Investments

(IN BRIEF) Energiekontor began the 2026 financial year with stable operational progress despite continuing market and regulatory challenges affecting the renewable energy sector. The company achieved additional financial closings for German wind projects, advanced construction activities, and commissioned the repowered … Read the full press release

New Bilfinger Contract Advances EWE’s Hydrogen Production and Industrial Decarbonisation Strategy in Germany

(IN BRIEF) Bilfinger has secured a major contract from EWE covering steelwork, piping systems and component installation for the 320 MW green hydrogen production facility being developed in Emden, Germany. The project forms part of the “Clean Hydrogen Coastline” initiative … Read the full press release

50Hertz and Elia Group Open Source High-Performance Grid Congestion Software to Support Europe’s Energy Transition

(IN BRIEF) 50Hertz has released its ToOp (Topology Optimizer) software as an open-source tool to support more efficient management of electricity grid congestion across Europe. Developed together with Elia Group and several European transmission system operators, the software uses GPU-based … Read the full press release

DNV Forecasts Major Expansion of Clean Hydrogen as Energy Security and Chinese Investment Drive Global Growth

(IN BRIEF) DNV’s latest Energy Transition Outlook Hydrogen to 2060 forecasts a major expansion in the global clean hydrogen industry, with production expected to increase 100-fold and cumulative investments reaching USD 3.2 trillion by 2060. The report identifies China as … Read the full press release

SEB Outlook Examines How Global Energy Security Concerns Are Reshaping Sustainable Finance and Industrial Decarbonisation

(IN BRIEF) SEB’s latest Sustainable Finance Outlook examines how geopolitical disruptions linked to the Middle East conflict are accelerating the global transition toward clean energy systems and alternative fuels. The report argues that Europe’s continued dependence on imported fossil fuels … Read the full press release

ABB Expands Medium-Voltage Production Capacity Across Europe to Support Power Grid Modernization

(IN BRIEF) ABB will invest approximately $200 million across Europe over the next three years to expand medium-voltage manufacturing capacity and support the modernization of electricity grids. The investment program includes a major new $100 million facility in Italy focused … Read the full press release

KfW Supports International Energy, Transport and Education Projects to Reinforce Europe’s Strategic Partnerships

(IN BRIEF) KfW has highlighted its continued role in European development cooperation through major investments in climate protection, energy infrastructure, transport, education, and digital transformation projects under the EU’s Global Gateway Initiative. By the end of 2025, KfW had contributed … Read the full press release

Fortum Launches New Nordic EV Package Combining Smart Home Charging and Fast-Charging Discounts

(IN BRIEF) Fortum has introduced a new Nordic-wide EV Package combining discounted public fast charging with financial incentives for smart home charging. The offering includes a spot price electricity agreement, a 20 percent discount at Fortum Charge & Drive fast … Read the full press release

Italian Industrial Companies Sign New Solar Power Agreements with Iberdrola Under Energy Release 2.0

(IN BRIEF) Iberdrola has reached 5 million megawatt hours of electricity sold in Italy through long-term renewable energy power purchase agreements after signing five new contracts with major industrial companies in sectors including chemicals, manufacturing and food and beverage production. … Read the full press release

Uwe Zulehner to Lead Voith Hydro North America as Renewable Energy Demand Continues to Grow

(IN BRIEF) Voith Hydro has appointed Uwe Zulehner as President and CEO of its North American operations based in York, Pennsylvania. Zulehner brings more than 25 years of international leadership experience across the engineering, mining, metals and energy sectors, including … Read the full press release

EnBW Highlights Record Energy Transition Investments and Renewable Growth at 2026 Annual General Meeting

(IN BRIEF) EnBW Energie Baden-Württemberg AG used its 2026 Annual General Meeting to highlight record investments, strong earnings and its long-term strategy for Germany’s energy transition. The company invested €7.6 billion in 2025, primarily into renewable energy, electricity and gas … Read the full press release

Fraunhofer Advances Numerical Simulation Technology to Enable More Resilient and Secure Hydrogen Energy Networks

(IN BRIEF) Fraunhofer researchers have developed a new hydraulic simulation tool to improve the resilience of hydrogen transport networks, addressing key challenges in the energy transition. The tool enables detailed analysis of how hydrogen systems respond to disruptions such as … Read the full press release

Siemens and Swinburne Advance Energy Innovation with First Australian Research into Quantum Enhanced Grid Stability

(IN BRIEF) Swinburne University of Technology and Siemens have launched Australia’s first study into quantum-enhanced timing for power grids, aiming to improve grid stability and resilience as the energy system becomes more complex and reliant on renewables. The project combines … Read the full press release