(IN BRIEF) ENGIE has expanded its biomethane production in Europe by acquiring its first facility in Belgium, located in Bree. The plant, operational since 2013, will be converted to biomethane production by October 2024, with a capacity of 68 GWh … Read the full press release
(IN BRIEF) EIB Global, a division of the European Investment Bank, has provided Enel Colombia with a $300 million loan to support the development of renewable energy projects and upgrades to the company’s power distribution infrastructure. This loan, backed by … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged EIB Global, Enel Colombia, grid infrastructure, Ioannis Tsakiris, partnership, renewable energy, SACE, Stefano De Angelis EIB, sustainability, Valerio Perinelli
(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) with Saint-Gobain to supply renewable electricity to its facilities in France, starting in January 2026. This contract will provide 875 GWh of renewable energy over five years, sourced from TotalEnergies’ … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged decarbonization, France, partnership, renewable energy, Saint-Gobain, Sophie Chevalier, sustainability, Swaroop Srinath, TotalEnergies
(IN BRIEF) Plenitude has officially launched the Numancia wind plant in Soria, Spain, consisting of two adjacent wind farms that will generate approximately 31 GWh of electricity annually, sufficient to power over 9,500 households. With this project, Plenitude’s total installed … Read the full press release
(IN BRIEF) Sweco has been tasked with designing the Green Turtle battery energy storage system for GIGA Storage Belgium, one of the largest in continental Europe. With a capacity of 2,800 MWh, this facility will store surplus renewable energy, such … Read the full press release
Posted in Belgium, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Belgium, Energy Storage Hub, Erwin Malcorps, Joeri Siborgs, partnership, renewable energy, sustainability, Sweco
(IN BRIEF) Vattenfall has been recognized as a leader in sustainability within the renewable energy sector following an independent assessment under the International Responsible Business Conduct (IRBC) Agreement. This agreement unites various stakeholders, including businesses, trade unions, and civil society … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Arjan Pouw, Awards, Kristin Tallbo, leadership, renewable energy, sustainability, Vattenfall
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €100 million investment in Green Genius, a renewable energy developer, positioning itself as a minority shareholder upon receiving necessary regulatory approvals. This funding will support Green Genius’s … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, United Kingdom
Tagged EBRD .Investment, Europe, Green Genius, Grzegorz Zieliński, Lithuania, partnership, renewable energy, Ruslan Sklepovič, sustainability, Tomas Kairys
(IN BRIEF) ArcelorMittal recently hosted an investor day at AM/NS India’s flagship steel plant in Hazira, Gujarat, to showcase its significant progress and future growth plans. AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, aims to expand its … Read the full press release
Posted in Business, Industrial, Investment, Luxembourg, Metals and Minerals
Tagged Aditya Mittal, AM/NS India, ArcelorMittal, carbon intensity reduction, Dilip Oommen, downstream expansion, Gujarat, Hazira, Indian steel market, Investor Day, joint venture, Magnelis®, Nippon Steel, renewable energy, steelmaking
(IN BRIEF) PNE AG has appointed Heiko Wuttke as its new CEO, effective 13 January 2025. Wuttke, with nearly 30 years of experience in renewable energy, will replace Markus Lesser, who stepped down in July 2024. Interim CEO Per Hornung … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged appointment, CEO, Heiko Wuttke, leadership, Marc van’t Noordende, Markus Lesser, Per Hornung Pedersen, PNE AG, renewable energy
(IN BRIEF) The European Investment Bank (EIB) and Natixis CIB are providing €97 million in financing to Libeccio S.r.l. for a new wind farm in Mazara del Vallo, Sicily. With a capacity of 44.8 MW, the wind farm will provide … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Alessandro Izzo, EIB, investment, Natixis CIB, partnership, renewable energy, Sicily, sustainability, wind farm
(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology
Tagged EIB, heating system, Kaunas, Kauno Energija, Lithuania, partnership, renewable energy, sustainability, Thomas Östros, Tomas Garasimavičius
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Türkiye, United Kingdom
Tagged Aida Sitdikova, Borusan EnBW Enerji, EBRD, Germany, partnership, renewable energy, sustainability, Turkey
(IN BRIEF) On September 4, 2024, Vattenfall announced it has secured Contracts for Difference (CfD) for two significant renewable energy projects in the UK. The Clashindarroch II onshore wind farm and the Kemberton solar farm will collectively add 100 MW … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, United Kingdom
Tagged Clashindarroch II onshore wind farm, Contracts for Difference (CfD), Frank Elsworth, Kemberton solar farm, partnership, renewable energy, sustainability, UK, Vattenfall, Wind and Solar Projects
(IN BRIEF) Evonik has upgraded the production of its ROHACELL® high-performance foams at the Darmstadt site to use 100% renewable energy. This transition is expected to reduce the company’s CO2 emissions by 3,400 metric tons annually. The move is part … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Slovenia
Tagged EIB, electric-vehicle charging stations, electrification, Elektro Ljubljana, energy distribution network, EU policy goals, European Investment Bank, financing, green transition, Grid Expansion, heat pumps, infrastructure upgrades, Kyriacos Kakouris, Ministry of the Environment Climate and Energy, net zero, Recovery and Resilience Plan, renewable energy, REPowerEU initiative, Slovenia, smart meters, social and territorial cohesion, sustainable development, Tina Seršen, Urban Likozar, €50 million loan
(IN BRIEF) DWS has expanded its European infrastructure investment portfolio by acquiring Heather Wind AB, an onshore wind farm in Sweden with a capacity of 48 MWp. This acquisition, part of DWS’s strategy to diversify its renewable energy assets, follows … Read the full press release
(IN BRIEF) CIMIC Group has secured two significant contracts: one in Australia to build the second phase of the Western Downs Battery in Queensland for Neoen, featuring a 270 MW / 540 MWh Battery Energy Storage System, and another in … Read the full press release
(IN BRIEF) Energiekontor AG has received building permits for three new wind parks in Lower Saxony, Germany, adding 116 megawatts to their renewable energy capacity. These projects, along with other wind and solar initiatives currently under development, are part of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Energiekontor, Europe, France, Germany, partnership, Peter Szabo, renewable energy, Scotland, sustainability, Wind Park
(IN BRIEF) Polat Enerji, a leading wind energy investor in Türkiye, has expanded its partnership with ENERCON by signing contracts to add 110.5 MW of capacity across three new wind farm projects. These projects, which include advanced wind turbines and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Türkiye
Tagged Arif Günyar, Enercon, Neşet Özgür Cireli, partnership, Polat Enerji, renewable energy, sustaianbaility, Turkey, Uli Schulze Südhoff, wind farm projects
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release
Posted in Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg, Romania, United Kingdom
Tagged carbon dioxide emissions reduction, climate finance, EBRD, energy security, EU commitments, Favi Stelian, Fit for 55, Ghimpati, green transition, Grzegorz Zielinski, Iepuresti, InvestEU guarantee, Nofar Energy, OY Nofar Energy, Raiffeisen Bank International, renewable energy, REPowerEU, Romania, RTG Solar Energy, solar plants, Solis Imperium, Tel Aviv stock exchange
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