Tag Archives: renewable energy

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

LEGO Group Expands Solar Energy Capacity, Accelerates Sustainability Efforts

(IN BRIEF) The LEGO Group has made significant progress in its sustainability efforts by increasing its solar energy capacity by 61% globally over the past two years. The company has installed solar panels across six factory sites and plans to … Read the full press release

PNE Group Expands Global Reach with First Wind Farm Outside Germany in France

(IN BRIEF) The PNE Group has launched its first wind farm outside Germany, the Saint-Aubin-du-Plain wind farm in France, which entered trial operation in late 2024 and is set to begin its 20-year Contract for Difference on February 1, 2025. … Read the full press release

Energiekontor Secures Building Permits for 220 Megawatt Wind Projects, Expanding UK Portfolio

(IN BRIEF) Energiekontor AG, a leading German developer of wind and solar parks, has secured building permits for four significant wind park projects in Scotland and Germany in January 2025. The approved projects in Scotland include three wind parks with … Read the full press release

Ørsted Appoints Rasmus Errboe as CEO to Lead Through Renewable Energy Transformation

(IN BRIEF) Ørsted has announced Rasmus Errboe as its new Group President and CEO, effective February 1, 2025, following Mads Nipper’s decision to step down. The leadership change comes as Ørsted faces a rapidly evolving renewable energy market, particularly in … Read the full press release

wpd Secures Long-Term Power Purchase Agreement with LyondellBasell for Licata Wind Farm in Italy

(IN BRIEF) wpd has signed a ten-year PPA with LyondellBasell for the Licata onshore wind project in Sicily. The project, featuring seven Vestas turbines, will generate 79,000 MWh annually, supporting LyondellBasell’s emissions reduction efforts. This partnership underscores LyondellBasell’s commitment to … Read the full press release

ABN AMRO Highlights Early Decarbonisation Investments as Key to Long-Term Financial Gains

(IN BRIEF) ABN AMRO’s research emphasizes the financial advantages of early investment in decarbonisation technologies. Companies that invest before 2029 are expected to benefit from lower costs and enhanced competitiveness, helping them meet climate goals. Available technologies, such as electrification, … Read the full press release

TotalEnergies Extends Partnership with CAF to Champion Football Development Across Africa

(IN BRIEF) TotalEnergies has extended its partnership with the Confederation of African Football (CAF) for another four years, continuing its sponsorship of major football events across the continent. The agreement includes support for high-profile tournaments such as the CAF Africa … Read the full press release

STMicroelectronics and TotalEnergies Forge Historic PPA to Power Operations with 100% Renewable Energy in France

(IN BRIEF) STMicroelectronics has signed its first physical Power Purchase Agreement (PPA) with TotalEnergies to secure renewable energy for its operations in France. The 15-year contract will deliver 1.5 TWh of clean power from two new wind and solar farms, … Read the full press release

BASF Transitions European Operations to Renewable Electricity to Drive Sustainable Growth

(IN BRIEF) BASF’s Performance Materials division has completed a major sustainability milestone by transitioning all its European production sites to renewable electricity, starting in 2025. This step affects the company’s manufacturing of Engineering Plastics, Polyurethanes, Thermoplastic Polyurethanes, and Specialty Polymers. … Read the full press release

Logicor Opens 800,000 sq ft Logistics Park in Daventry, Creating Jobs and Supporting Sustainable Development

(IN BRIEF) Logicor has completed its largest logistics development in the UK with the opening of Logicor Park Daventry, which includes three state-of-the-art warehouses totaling 800,000 sq ft. Strategically located in the logistics “Golden Triangle,” the park offers exceptional access … Read the full press release

Quinbrook Closes $722M Financing Deal for Supernode Battery Storage Project in Queensland

(IN BRIEF) Quinbrook Infrastructure Partners has secured a $722 million AUD debt financing deal for Stages 1 and 2 of its Supernode battery energy storage system (BESS) project in Queensland, Australia. Deutsche Bank played a key role in arranging the … Read the full press release

EBRD Provides €35 Million Loan to Support Montenegro’s Energy Infrastructure Upgrade with SCADA, ADMS, and Smart Meters

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to Crnogorski Elektrodistributivni Sistem (CEDIS) to enhance Montenegro’s energy infrastructure. The funding will be used to introduce advanced SCADA and ADMS systems, along with … Read the full press release

EIB Advises Greek Regions on Green Transition and Lignite Phase-Out with €2.75 Million Fund

(IN BRIEF) The European Investment Bank (EIB) will provide advisory support to five Greek regions to facilitate their transition from lignite-based energy production to sustainable, renewable energy sources. Through a €2.75 million technical assistance fund, the EIB aims to promote … Read the full press release

Poland Takes Major Step Toward Offshore Wind Leadership with Baltic Power Substations Completion

(IN BRIEF) Poland is advancing its offshore wind energy ambitions with the completion of two key substations for the Baltic Power wind farm, marking the start of commercial-scale offshore wind development in the country. The project is part of a … Read the full press release

DNV Supports Grenergy in Securing USD 299 Million Financing for Landmark Renewable Energy Project in Chile

(IN BRIEF) DNV has assisted Grenergy in securing USD 299 million in financing for the Víctor Jara phase of the Oasis de Atacama project in Chile, which is set to be the world’s largest battery energy storage system. The project … Read the full press release

Emerging Markets Climate Action Fund Secures €450 Million, Paving the Way for Major Climate Investments in Developing Countries

(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release

ASI and Thales Alenia Space Partner with NASA on Thermal Infrared Earth Observation Mission

(IN BRIEF) The Italian Space Agency and Thales Alenia Space have signed a contract for the implementation of NASA’s Surface Biology and Geology – Thermal Infrared (SBG-TIR) mission, aimed at advancing Earth observation technologies and addressing global challenges like climate … Read the full press release

SFE Awards ANDRITZ Major Contract for New Øksenelvane Hydropower Plant in Norway

(IN BRIEF) SFE has awarded ANDRITZ a contract to supply advanced electromechanical equipment for the new Øksenelvane hydropower plant, which will significantly increase clean energy production in Norway. The project is set to play a key role in supporting Norway’s … Read the full press release

University of Glasgow Report Calls for Enhanced Sediment Management to Support Hydropower and Protect Ecosystems in Scotland

(IN BRIEF) A new report highlights the need for better sediment management in Scotland’s hydropower systems to ensure both efficient energy production and environmental protection. Commissioned by CREW and developed by the University of Glasgow and cbec eco-engineering, the study … Read the full press release