Tag Archives: renewable energy

Iberdrola Secures Power Purchase Agreement for Ohio’s Blue Creek Wind Farm, Supporting Clean Energy and Local Communities

(IN BRIEF) Iberdrola, through its U.S. subsidiary Avangrid, has signed a power purchase agreement (PPA) with American Municipal Power (AMP) to supply clean energy from the Blue Creek wind farm in Ohio. This partnership will support Ohio’s rural communities economically, … Read the full press release

Baltic States Achieve Historic Electricity Grid Synchronization with Europe, Boosting Energy Security

(IN BRIEF) Estonia, Latvia, and Lithuania have successfully synchronized their electricity grids with the European Continental European Network, marking a significant step in their energy independence from Russia and Belarus. This achievement, celebrated as “Energy Independence Day,” strengthens the region’s … Read the full press release

Terna Invests €50 Million in Underground Cable Project to Enhance Transmission Efficiency and Reduce Environmental Impact

(IN BRIEF) Terna has announced an investment of approximately €50 million to convert a portion of the “Mercallo – Cameri” power line into a 132 kV underground cable, aimed at enhancing energy transmission efficiency while minimizing environmental impact. The project … Read the full press release

ABL Partners with EHCAAN to Accelerate Decarbonization in Egypt’s Aviation Industry

(IN BRIEF) ABL, a global energy and marine consultancy, has partnered with the Egyptian Holding Company for Airports and Air Navigation (EHCAAN) to advance carbon reduction efforts within Egypt’s aviation industry. The MoU, signed on February 3, 2025, focuses on … Read the full press release

GEA Foundation Launched to Drive Global Impact in Education, Sustainability, and Disaster Relief

(IN BRIEF) GEA Group launched the GEA Foundation at an event in Berlin, aiming to strengthen the company’s community engagement by focusing on education, poverty alleviation, access to infrastructure, and disaster relief. The foundation builds on GEA’s commitment to donate … Read the full press release

SGS Receives NABCB Accreditation to Enhance Environmental Claims Validation and Support Sustainability Goals

(IN BRIEF) SGS has earned accreditation from the National Accreditation Board for Certification Bodies (NABCB), a member of the International Accreditation Forum (IAF), recognizing its compliance with international standards for validating and verifying environmental claims. The accreditation, covering key ISO … Read the full press release

Alfa Laval to Host Online Net Zero Event on Advancing the Circular Carbon Economy

(IN BRIEF) Alfa Laval will host an online Net Zero event on March 4th at 15:00 CET, bringing together experts to discuss the shift away from fossil carbon to a circular carbon economy. The event will explore how industries such … Read the full press release

BASF Coatings Achieves 100% Renewable Electricity at North American Sites, Reducing CO2 Emissions by 11,000 Tons Annually

(IN BRIEF) As of January 2025, BASF Coatings has successfully transitioned to 100% renewable electricity at its Greenville, Ohio and Blackman Township, Michigan sites, resulting in an anticipated reduction of more than 11,000 tons of CO2 annually. This shift supports … Read the full press release

RWE’s Amrumbank West Offshore Wind Farm to Provide Key Grid Stabilisation Services Starting 2025

(IN BRIEF) RWE has successfully integrated its Amrumbank West offshore wind farm into the German power grid, where it will provide 60 MW of secondary reserve to help stabilise the grid. This marks the first time RWE has offered grid … Read the full press release

bp and Iberdrola Begin Construction of Spain’s Largest Green Hydrogen Plant in Castellón

(IN BRIEF) A joint venture between bp and Iberdrola España has commenced construction of Spain’s largest green hydrogen plant, set to begin operations by 2026. Located next to the bp refinery in Castellón, this 25 MW plant is expected to … Read the full press release

NIB Provides EUR 33.5 Million Loan to Tønder Biogas for One of Europe’s Largest Biogas Facilities

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 16-year loan agreement worth DKK 250 million (EUR 33.5 million) with Tønder Biogas A/S to finance one of Europe’s largest biogas facilities in Tønder, Denmark. The plant, set to begin … Read the full press release

EIB Increases Support for Czech Republic with €2.47 Billion Investment in Key Infrastructure and SMEs

(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … Read the full press release

EIB Extends €42.8 Million Loan to Ústí nad Labem for Sustainable Infrastructure and Green Development

(IN BRIEF) The EIB has extended a €42.8 million loan to Ústí nad Labem for crucial infrastructure upgrades, including energy, transport, and social services. This is part of the EU’s larger goal of promoting sustainable urban development. The loan is … Read the full press release

EIB Approves €2.4 Billion in Financing for Clean Energy, Infrastructure, and Global Connectivity Projects

(IN BRIEF) The European Investment Bank (EIB) has approved €2.4 billion in new financing to support a range of projects across Europe, including clean energy, transport, telecommunications, and flood protection. This includes significant funding to enhance hydrogen production, boost energy … Read the full press release

Equinor Reports Strong Q4 Results and Announces Up to USD 5 Billion Share Buy-Back for 2025

(IN BRIEF) Equinor reported strong financial results for Q4 2024, with adjusted operating income of USD 7.90 billion and net income of USD 2.00 billion. The company proposed a fourth-quarter dividend of USD 0.37 per share and announced a share … Read the full press release

Terna Secures Approval for Cold Ironing Project to Electrify Port of La Spezia and Cut CO2 Emissions

(IN BRIEF) Terna has received the first national authorization for its Cold Ironing project, which aims to electrify the Port of La Spezia in Italy. The Region of Liguria has approved the development of infrastructure that will provide 110 MW … Read the full press release

Amazon and Iberdrola Expand Renewable Energy Partnership with 476 MW in New PPAs Across Portugal and Spain

(IN BRIEF) Amazon and Iberdrola have expanded their renewable energy partnership with new power purchase agreements (PPAs) in Portugal and Spain, adding 476 MW of renewable capacity to their collaboration. The new agreements include Amazon’s first PPA in Portugal for … Read the full press release

Natixis CIB Closes $612 Million Financing for MN8 Energy’s Solar Projects in the U.S.

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has closed a $612 million construction bridge financing deal to support MN8 Energy’s solar energy projects across North Carolina, Kentucky, and Illinois. The financing will aid the development of three photovoltaic … Read the full press release

HØST PtX Esbjerg Welcomes Danish Government’s Hydrogen Pipeline Announcement, Strengthening Green Hydrogen Ambitions

(IN BRIEF) HØST PtX Esbjerg, developed by CIP, celebrates the Danish government’s recent announcement about the planned hydrogen pipeline between Denmark and Germany, set for completion in 2030. This milestone supports the 1GW green hydrogen plant, HØST, which is on … Read the full press release

Iberdrola Breaks Records in Renewable Generation, Electricity Distribution, and Green Capacity in 2024

(IN BRIEF) Iberdrola achieved significant milestones in 2024, setting records in electricity distribution, renewable generation, and green capacity. The company transported a record amount of electricity, saw a rise in renewable energy production, and increased its renewable capacity to new … Read the full press release