Tag Archives: renewable energy

Technical University of Munich Researchers Develop Breakthrough Method to Improve Stability of Perovskite Solar Cells for Real-World Use

(IN BRIEF) Researchers from the Technical University of Munich and international partners including KIT, DESY, and KTH have identified the root cause of performance degradation in perovskite solar cells during thermal cycling and developed a stabilisation method using molecular “anchors,” … Read the full press release

German Authorities Approve Second Phase of RWE Nordseecluster Project Strengthening Renewable Energy Supply for Industry

(IN BRIEF) RWE has received planning permission from the German Federal Maritime and Hydrographic Agency for the second phase of its Nordseecluster offshore wind project, enabling the addition of 900 megawatts of capacity to the existing 660-megawatt first phase currently … Read the full press release

ANDRITZ Secures Turbine Supply Contract to Modernize Serbia’s Vlasinske Hydropower Cascade and Boost Renewable Capacity

(IN BRIEF) ANDRITZ has been selected by Energotehnika Južna Bačka to supply ten turbines for the modernization of Serbia’s Vlasinske hydropower cascade, a project aimed at enhancing the performance and longevity of facilities that have been in operation since 1955. … Read the full press release

Iberdrola Strengthens UK Energy Infrastructure with £600 Million National Wealth Fund Financing for Eastern Green Link 4 Project

(IN BRIEF) Iberdrola, through ScottishPower, has secured £600 million in financing from the National Wealth Fund to advance the Eastern Green Link 4 project, a major subsea electricity interconnector linking Scotland and England. The 2GW, 530 km HVDC cable will … Read the full press release

BT Secures Long-Term Strategic Partnership with NIE Networks to Modernise Northern Ireland’s Electricity Infrastructure and Digital Systems

(IN BRIEF) BT has entered into a major agreement worth up to £200 million with Northern Ireland Electricity Networks to provide enhanced connectivity, cyber security, and IT services that will support the region’s critical electricity infrastructure. The multi-year partnership will … Read the full press release

Vattenfall Reports Strong 2025 Results While Accelerating Investments in Fossil-Free Energy and Emission Reductions

(IN BRIEF) Vattenfall’s 2025 Annual and Sustainability Report highlights the company’s ongoing progress in reducing emissions and expanding fossil-free energy production while maintaining strong financial performance. Since 2017, the company has cut greenhouse gas emissions by 56%, remaining aligned with … Read the full press release

EIB Global and Techcombank Launch €200 Million Financing Initiative to Accelerate Green Investment and Energy Transition in Viet Nam

(IN BRIEF) EIB Global and Techcombank have signed a €200 million financing agreement to support green projects in Viet Nam, focusing on renewable energy, energy efficiency, and sustainable transport. Announced at the EU-Vietnam Global Gateway Business and Investment Forum in … Read the full press release

Bilfinger Strengthens Role in Poland’s Offshore Wind Expansion with Supervision Contract for Bałtyk 2 and 3 Projects

(IN BRIEF) Bilfinger has been appointed to supervise the installation of the Bałtyk 2 and Bałtyk 3 offshore wind farms in the Polish Baltic Sea, a joint initiative by Equinor and Polenergia that will include around 100 turbines with a … Read the full press release

PNE Group strengthens position in Polish market with strategic wind farm project sale and continued development plans

(IN BRIEF) PNE Group has completed the sale of its Legnica wind farm project in southwest Poland through its subsidiary PNE Polska, marking another successful transaction in the country’s growing renewable energy market. The project, which will feature ten turbines … Read the full press release

Green Ammonia Approaches Cost Parity with Conventional Marine Fuels in New WinGD and Envision Analysis

(IN BRIEF) WinGD and Envision have jointly released a study showing that green ammonia could become a cost-competitive fuel for shipping under moderate regulatory conditions, potentially matching current fuel options such as VLSFO and LNG and surpassing LNG in cost … Read the full press release

STRABAG Advances Decarbonization Strategy with Science Based Targets Initiative Approval for Emissions Reduction Plan

(IN BRIEF) STRABAG has secured validation from the Science Based Targets initiative for its climate goals through 2030, committing to a 42 percent reduction in direct and energy-related emissions and a 25 percent reduction across its value chain. The company’s … Read the full press release

Ramboll Implements New Operating Model to Improve Agility and Position for Growth Amid Challenging Market Conditions

(IN BRIEF) Ramboll reported a challenging financial performance in 2025 amid macroeconomic pressures, with declines in revenue, earnings, and organic growth driven by weaker activity in Buildings and Architecture and delays in energy transition projects. In response, the company implemented … Read the full press release

Vaisala Achieves Major Design Milestone as WM80 Wind Sensor Earns Prestigious iF Design Recognition for Reliability and Innovation

(IN BRIEF) Vaisala has earned its first iF Design Award with the WM80 Ultrasonic Wind Sensor, a product recognized for combining high-performance engineering with purposeful design. Developed for demanding environments such as renewable energy and maritime sectors, the WM80 delivers … Read the full press release

ANDRITZ Secures Major Pumped Storage Contract from Tata Power to Support India’s Renewable Energy Expansion

(IN BRIEF) ANDRITZ has been awarded a significant contract by Tata Power to supply equipment for the 1,000 MW Bhivpuri pumped storage plant in Maharashtra, India. The project, valued in the low three-digit million euro range, includes the delivery of … Read the full press release

Energiekontor Advances Renewable Energy Expansion with Financial Close of Donstorf Wind Repowering Project

(IN BRIEF) Energiekontor AG has reached financial close for its Donstorf wind repowering project in Lower Saxony, Germany, paving the way for construction and eventual integration into its own renewable energy portfolio. The project, expected to be operational by 2028, … Read the full press release

PATRIZIA and Mitsui Secure EIB Global Backing to Launch $300 Million Sustainable Infrastructure Fund in Emerging Asia

(IN BRIEF) PATRIZIA, in partnership with Mitsui, has secured a $70 million cornerstone investment from EIB Global to launch its Emerging Asia Sustainable Infrastructure Fund, which targets a total size of $300 million. The fund will focus on supporting renewable … Read the full press release

Project Sophocles Secures Major Financing to Deliver Large Scale Solar and Battery Infrastructure Across Italy

(IN BRIEF) The European Investment Bank, Natixis CIB, and Sunprime Holdings have partnered on a €507 million project finance initiative to deliver Project Sophocles, a major renewable energy programme in Italy combining solar photovoltaic plants and battery storage systems. With … Read the full press release

AES to Be Acquired by Global Infrastructure Partners and EQT Led Consortium in $10.7 Billion All Cash Transaction

(IN BRIEF) The AES Corporation has agreed to be acquired by a consortium led by Global Infrastructure Partners and EQT Infrastructure VI, alongside CalPERS and QIA, in an all-cash transaction valued at $10.7 billion in equity and approximately $33.4 billion … Read the full press release

Eneco Appoints Martijn Hagens as Chief Executive Officer to Lead Next Stage of Sustainable Energy Development

(IN BRIEF) Eneco has welcomed Martijn Hagens as its new Chief Executive Officer, marking the start of a new leadership phase following the interim tenure of Kees-Jan Rameau. Hagens brings extensive experience from his previous leadership roles at Vattenfall, including … Read the full press release

European Investment Fund Strengthens Alternative Lending Platform Under Regional Resilience Fund with Investment in Qualitas Energy

(IN BRIEF) The European Investment Fund has committed €62 million to the Qualitas Energy Credit Fund under the Alternative Lending Instrument for Sustainable Development within Spain’s Regional Resilience Fund, using NextGenerationEU resources. Managed by Qualitas Energy, the fund provides debt … Read the full press release