Tag Archives: renewable energy

IKEA confirms December 2025 opening of first New Zealand store at Sylvia Park with nationwide Pick-Up Points

(IN BRIEF) IKEA is preparing to open its first store in New Zealand on December 4, 2025, at Sylvia Park in Auckland. Operated by Ingka Group, the 34,000 m² store will offer more than 7,500 products from day one and … Read the full press release

Shell halts Rotterdam biofuels plant construction after review but reinforces €6.5 billion investment in Dutch energy transition

(IN BRIEF) Shell has decided not to proceed with the construction of its biofuels plant at the Energy and Chemicals Park Rotterdam after a review determined the project would not be competitive enough to meet customer needs. According to Machteld … Read the full press release

Energiekontor reaches financial close on Haberloh and Heidkrug wind parks in Lower Saxony with construction to begin soon

(IN BRIEF) Energiekontor AG has secured financial close for its Haberloh and Heidkrug wind parks in Lower Saxony, clearing the way for construction to begin. Together, the projects will deliver around 94 megawatts of capacity through 13 Vestas turbines and … Read the full press release

DNV invests in Spadeadam facility to de-risk hydrogen, CCS, and energy transition technologies

(IN BRIEF) DNV has upgraded its Spadeadam Research and Development Facility in Cumbria to support the safe scaling of energy transition technologies, including hydrogen and carbon capture. The investment enhances the site with interactive capabilities such as 4k streaming, advanced … Read the full press release

EIB and BNP Paribas Leasing Services join forces again with €200 million loan to boost SME and green investment in Poland

(IN BRIEF) The European Investment Bank has provided a €200 million loan to BNP Paribas Leasing Services to stimulate more than €500 million of new investment in Poland, with a minimum of 30% allocated to climate projects such as solar … Read the full press release

Equinor backs Ørsted’s Rights Issue with up to DKK 6 billion investment and plans board nomination

(IN BRIEF) Equinor has confirmed its participation in Ørsted’s planned Rights Issue, committing to subscribe for up to DKK 6 billion (USD 939 million) to maintain its 10% ownership stake. The decision follows dialogue with Ørsted and reflects Equinor’s confidence … Read the full press release

Standard Chartered arranges USD 300 million syndicated guarantee for Envision in first sustainable trade finance deal under ICC Principles

(IN BRIEF) Standard Chartered has arranged a syndicated bank guarantee exceeding USD 300 million for Envision Group, supporting the company’s international wind power business and marking the world’s first sustainable trade finance deal aligned with ICC Principles for Sustainable Trade … Read the full press release

Solar Team Twente claims second place in thrilling 2025 Bridgestone World Solar Challenge finale

(IN BRIEF) Solar Team Twente finished second in the 2025 Bridgestone World Solar Challenge after an intense five-day race across Australia. On the final day, the team briefly closed the gap to frontrunner Brunel Solar Team to just 500 meters, … Read the full press release

Rogun Dam reaches 1,110-metre milestone as Webuild drives energy transformation in Tajikistan and Central Asia

(IN BRIEF) Webuild’s construction of the Rogun Dam in Tajikistan has reached a crucial stage, with the dam’s crest approaching 1,110 metres above sea level. President Emomalī Rahmon visited the site with senior officials to highlight the project’s importance in … Read the full press release

Statkraft transfers Dutch renewable energy projects and 120 MWp solar portfolio to Greenchoice to support further growth

(IN BRIEF) Statkraft has finalized the divestment of its renewable energy development activities in the Netherlands, with Dutch renewable energy supplier Greenchoice acquiring a 120 MWp operational solar portfolio, a pipeline of solar, wind, and battery projects, and Statkraft’s skilled … Read the full press release

RWE expands renewable portfolio with third solar park at Hambach opencast mine in North Rhine-Westphalia

(IN BRIEF) RWE has commissioned a new 13.9 MW solar farm at Hambach opencast mine near Niederzier, Germany, capable of supplying renewable electricity for around 4,500 households. Built in under five months, the project used AI-powered drone monitoring to track … Read the full press release

Evonik opens world-scale alkoxides plant in Singapore to strengthen Asian supply and sustainability goals

(IN BRIEF) Evonik has inaugurated a new world-scale alkoxides production facility on Jurong Island, Singapore, with a capacity of 100,000 metric tons per year. The investment strengthens regional supply security and supports industries including biodiesel, pharmaceuticals, and chemical recycling. Designed … Read the full press release

ABL strengthens offshore renewables leadership in England with promotion of Carmela Friedman

(IN BRIEF) ABL has promoted Carmela Friedman to Director of Renewables for England, where she will lead the growth and delivery of the company’s MWS and engineering consultancy services for offshore wind, interconnector, and subsea cabling projects across England and … Read the full press release

Lenzing expands photovoltaic capacity with VERBUND to accelerate renewable energy transition and net-zero goals

IN BRIEF) Lenzing Group has expanded its photovoltaic capacity at its Austrian headquarters with the commissioning of a new 1.3 MWp plant in partnership with VERBUND, raising the site’s total PV output to 8.3 MWp. This move strengthens the company’s … Read the full press release

RWE and Siemens Gamesa install recyclable blades at scale on Sofia Offshore Wind Farm in UK first

(IN BRIEF) RWE and Siemens Gamesa have begun the large-scale installation of recyclable rotor blades at the Sofia Offshore Wind Farm, marking a UK first and a milestone in offshore wind sustainability. A total of 150 blades will be deployed … Read the full press release

CapMan Real Estate funds 262-unit Handen residential project to boost sustainable rental housing in Greater Stockholm

(IN BRIEF) CapMan Real Estate, through its CapMan Nordic Real Estate III fund, has agreed to forward fund a 262-unit multifamily housing project in Handen, Haninge, developed by Reliwe and built by Consto. The project, offering 12,119 m² of lettable … Read the full press release

RWE commissions Aldenhoven wind farm to power 24,000 households and invests in further turbines near Düren-Merken

(IN BRIEF) RWE has commissioned the Aldenhoven wind farm in North Rhine-Westphalia, featuring six 5.7 MW turbines on recultivated land at the Inden opencast mine, with the capacity to power 24,000 households. The project will provide up to €150,000 annually … Read the full press release

Prime Capital grows sustainable infrastructure debt fund to €130m with EIF’s €30m commitment under InvestEU

(IN BRIEF) Prime Capital AG has expanded its Prime Sustainable Infrastructure Debt Fund (PSIDEF) to €130 million after securing a new €30 million commitment from the European Investment Fund under the InvestEU programme. The Article 9 fund focuses on financing … Read the full press release

DNV to provide owner’s engineering expertise for 400MW Wando Jangbogo Offshore Wind Project in South Korea

(IN BRIEF) DNV has signed a two-year contract with Kolon Global Corporation to provide owner’s engineering services for the 400MW Wando Jangbogo Offshore Wind Project in Jeollanam-do, Korea. The project is one of the largest offshore wind initiatives in the … Read the full press release

National Grid connects UK’s largest battery at Tilbury substation, powering up to 680,000 homes

(IN BRIEF) National Grid has connected the UK’s largest battery storage system, the 300MW Thurrock Storage project developed by Statera Energy, to its transmission network at Tilbury substation in Essex. With 600MWh of capacity, the facility can power up to … Read the full press release