(IN BRIEF) Nordex Group has been honored with the German Corporate Sustainability Award, recognized as one of 100 industry pioneers for its ongoing contributions to sustainable energy solutions. The award was presented at the 17th German Sustainability Day in Düsseldorf … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Naturgy have signed the first €400 million tranche of a €1 billion loan to expand renewable energy capacity in Spain. The funding will support the creation of new solar and onshore wind … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged EIB, Francisco Reynés, Jean-Christophe Laloux, Naturgy, partnership, renewable energy, Spain, sustainability
(IN BRIEF) Stegra has partnered with Uniper in a six-year power purchase agreement to supply 6 TWh of electricity to its green steel production plant in Boden, Sweden, from 2027 to 2032. The electricity will power a 700MW electrolysis plant … Read the full press release
(IN BRIEF) Hewlett Packard Enterprise (HPE) is partnering with renewable energy leader RWE to implement HPE Private Cloud AI, enhancing weather modeling, improving forecast accuracy, and optimizing energy resource management. This scalable AI-driven platform, part of the NVIDIA AI Computing … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology, United Kingdom
Tagged Cloud AI, Fidelma Russo, Germany, HPE, partnership, renewable energy, RWE, Simon Tarplee, sustainability, USA
(IN BRIEF) Altea Green Power, a renewable energy company specializing in developing eco-friendly power generation plants, has transitioned from Euronext Growth Milan to the prestigious Euronext STAR Milan segment. With a market capitalization of €127.2 million, Altea Green Power is … Read the full press release
(IN BRIEF) RWE has won contracts for two new wind projects in France’s latest onshore wind bidding round, adding a combined 41.3 MW of capacity in the Nouvelle-Aquitaine and Centre-Val de Loire regions. These projects will provide clean energy to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged France, Katja Wünschel, partnership, renewable energy, RWE, sustainability, wind projects
(IN BRIEF) Iberdrola España has obtained the environmental permit for its first wind farm repowering project in Castilla-La Mancha, which includes upgrading the Molar de Molinar wind farm and another site in the region. The repowering will reduce the number … Read the full press release
(IN BRIEF) EnBW is set to build a large-scale battery storage facility in Marbach, southern Germany, with a capacity of 100 megawatt-hours and an output of 100 megawatts, enough to power around 12,500 households for one day. The facility will … Read the full press release
(IN BRIEF) Boralex and Saint-Gobain have signed a 20-year Power Purchase Agreement (PPA) to supply renewable energy from three Boralex power plants in France, consisting of two solar plants and one wind farm. Set to begin operations between 2026 and … Read the full press release
(IN BRIEF) PNE AG has completed the sale of the Papenrode wind farm to Qualitas Energy Deutschland GmbH, enhancing the renewable energy landscape in Lower Saxony. The repowering project, which is currently under construction, will feature nine new turbines with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Johannes Overbeck, Lower Saxony, Papenrode Wind Farm, partnership, Per Hornung Pedersen, PNE AG, Qualitas Energy, renewable energy, Roland Stanze, sustainability
(IN BRIEF) Deutsche Telekom’s MMS and Bankhaus Metzler have launched a pilot project, “Digital Monetary Photosynthesis,” using surplus renewable energy to power Bitcoin mining as a means of stabilizing Germany’s energy grid. By converting unused renewable energy from sources like … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Bankhaus Metzler, Bitcoin Mining, Deutsche Telekom, Deutsche Telekom MMS, Germany, grid stability, Oliver Nyderle, partnership, renewable energy
(IN BRIEF) RWE has signed a 15-year power purchase agreement with Rivian to supply its Adventure Network with renewable energy from the repowered Champion Wind farm in Texas. This 127 MW wind project, currently undergoing upgrades, will help Rivian achieve … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged partnership, renewable energy, Rivian, RWE, sustainability, USA, Wind Project
(IN BRIEF) Ørsted has entered a partnership with Brookfield, resulting in Brookfield acquiring a 12.45% minority stake in four of Ørsted’s operational UK offshore wind farms—Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension—totaling approximately 3.5 GW in capacity. … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Brookfield Asset Management, Connor Teskey, Mads Nipper, partnership, renewable energy, sustainability, UK Offshore Wind, Ørsted
(IN BRIEF) Cogefeed has officially listed on the professional segment of Euronext Growth Milan, marking its entry as the 18th company on this market in 2024 and the 39th listing on Euronext overall this year. Known for its focus on … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, News, Technology
Tagged Cogefeed, Daniele Filizola, Euronext, expansion, Milan, partnership, renewable energy, sustainability
(IN BRIEF) OMV has entered power purchase agreements with VERBUND and ImWind to secure 67 GWh of renewable electricity each year, meeting over 35% of its Schwechat refinery and Adria Wien Pipeline’s power needs. The supply, 65% from hydropower and … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alfred Stern, decarbonization, ImWind, OMV, partnership, renewable energy, sustainability, VERBUND
(IN BRIEF) Siemens has formed a strategic partnership with Dutch network company Alliander to improve flexible grid management and enhance energy distribution in the Netherlands. Using Siemens’ Gridscale X platform, Alliander aims to increase grid utilization by up to 30%, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Switzerland, Technology
Tagged Alliander, Daan Schut, grid management, Netherlands, partnership, renewable energy, Sabine Erlinghagen, Siemens, Siemens' Gridscale X platform, sustainability
(IN BRIEF) DNV and Taiwan’s Metal Industries Research & Development Centre (MIRDC) have signed a three-year Memorandum of Understanding (MoU) to collaborate on advancing renewable energy technologies in Taiwan. The partnership will focus on floating solar and wind technologies, energy … Read the full press release
Posted in Bulgaria, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Brice Le Gallo, DNV, Dr. Matthew Rowe, INNOVATION, Metal Industries Research & Development Centre (MIRDC), partnership, Ren-Yi Lin, renewable energy, sustainability, Taiwan, Yung-Hsiang Lai
(IN BRIEF) The European Investment Bank (EIB) has provided a €120 million loan to Iberdrola to advance research, development, and innovation projects in Spain’s energy sector, with a total investment of €250 million. The projects will focus on renewable energy … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged EIB, Grid Innovations, Iberdrola, partnership, renewable energy, Spain, sustainability
(IN BRIEF) Plenitude has commenced construction on a 220 MW solar power plant in Villarino de los Aires, Salamanca, which will be one of the largest in the Castilla y León region. The project, expected to produce over 400 GWh … Read the full press release
(IN BRIEF) Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro’s Norwegian aluminium plants from 2025 to 2032. This agreement supports Hydro’s efforts to produce … Read the full press release
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