(IN BRIEF) Bulgaria has enlisted the help of the European Investment Bank (EIB) to support the decarbonization of the Maritsa East Complex, one of Europe’s largest coal-powered electricity sites. The EIB will work with Bulgaria’s Ministry of Energy to develop … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Bulgaria, carbon emissions, clean energy, coal transition, decarbonization, EIB, energy transition, EU funding, European Investment Bank, InvestEU Advisory Hub, Kyriacos Kakouris, Maritsa East Complex, Ministry of Energy, partnership, renewable energy, sustainability, Zhecho Stankov
(IN BRIEF) The EIF and BluOr Bank have signed an agreement to provide up to €30 million in financing for Latvian SMEs working on green projects. Supported by the EU’s InvestEU programme, this initiative aims to help businesses improve energy … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Luxembourg, Management, News, Small Business, Technology
Tagged BluOr Bank, economic resilience, EIF, energy efficiency, environmental financing, EU environmental standards, financing, green transition, InvestEU, Latvia, partnership, renewable energy, SMEs, sustainability, sustainable development
(IN BRIEF) SFC Energy has received its first major order for its Danish subsidiary, SFC Energy Denmark, to supply hydrogen fuel cell technology for point of presence (PoP) stations in the fibre optic network of Norlys Fibernet A/S. The order … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Marketing, News, Technology
Tagged clean energy, climate-neutral energy, Denmark, Dr. Peter Podesser, EFOY Hydrogen, emergency power supply, energy resilience, ESG Strategy, fibre optic networks, hydrogen fuel cells, hydrogen technology, Magnus Just Olesen, Norlys Fibernet, partnership, PoP stations, power solutions, renewable energy, SFC Energy, SFC Energy Denmark, stationary fuel cells, sustainability
(IN BRIEF) A study led by TUM and supported by the University of Oxford has revealed that producing green hydrogen in Africa for export to Europe is much more expensive than previously assumed. Only a small fraction of potential production … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged Africa, climate-compatible growth, Emissions Reduction, Europe, financing costs, GREEN HYDROGEN, green transition, hydrogen production, off-take agreements, partnership, policy intervention, price guarantees, renewable energy, sustainability, sustainable development, TUM, University of Oxford
(IN BRIEF) E.ON has partnered with CyrusOne to design and implement local power generation solutions for data centers, starting with the FRA7 data center in Griesheim, Germany. This innovative solution will add 61 megawatts of power to the facility by … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged absorption chillers, carbon neutrality, cooling integration, CyrusOne, data center, E.ON, E.ON IQ Energy Center, energy efficiency, energy solutions, Frankfurt, FRANKFURT WESTSIDE, green certificates, hydrogen-ready, IT capacity, local power generation, partnership, power generation, renewable energy, sustainability
(IN BRIEF) TotalEnergies and RGE have announced a major renewable energy project in Indonesia, where their joint venture, Singa Renewables, has received a conditional licence from Singapore’s Energy Market Authority (EMA) to import 1 GW of clean power. The project, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged ASEAN, Battery Energy Storage System, clean firm power, decarbonization, electricity import, EMA, energy security, energy transition, Helle Kristoffersen, hybrid renewable power plant, Imelda Tanoto, Indonesia, partnership, renewable energy, RGE, Riau Province, Singa Renewables, Singapore, Singapore Energy Market Authority, solar farm, subsea interconnector, sustainability, sustainable development, TotalEnergies
(IN BRIEF) Centrica Business Solutions has partnered with Carpenter Ltd to decarbonise its Glossop manufacturing site by installing a 1MW solar array on a previously unusable steep bank. The solar farm, set to generate 1,025 MWh annually, will cover 15% … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged biodiversity, biodiversity net gain, carbon reduction, Carpenter Ltd, Centrica Business Solutions, decarbonisation, energy efficiency, energy transition, environmental impact, Glossop, green electricity, Green Energy, operational cost savings, partnership, Push Power, renewable energy, solar array, solar energy, solar installation, sustainability, sustainable business solutions, UK
(IN BRIEF) Valio is a key partner in the EU-funded PRIMARY project, which aims to transform agricultural by-products into valuable resources. As part of the project, Valio is exploring grass biorefinery innovations, including using grass juice to fortify feed protein … Read the full press release
Posted in Agriculture, Business, Environment, Estonia, European Union, Financial, Finland, Food & Beverage, Government, Greece, Industrial, Investment, Management, News, Science, Small Business, Technology
Tagged agricultural by-products, bio-based materials, bioeconomy, bioenergy, biorefinery, cotton by-products, dairy farms, Estonia, EU, fermentation, Finland, grass biorefineries, Greece, Horizon Europe, olive residues, partnership, PRIMARY project, protein fortification, protein self-sufficiency, renewable energy, sustainability, Valio, VTT Technical Research Centre
(IN BRIEF) The European Investment Bank has provided a €90 million loan to Bordeaux Métropole Énergies to support its 2024-2028 strategic plan, focusing on renewable energy projects and energy-efficient building renovations. This funding will aid in the development of solar … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged biogas, Bordeaux Métropole Énergies, carbon neutrality, district heating, EIB loan, energy efficiency, energy transition, EU climate action, European Investment Bank, Gironde, low carbon solutions, partnership, photovoltaic solutions, renewable energy, REPowerEU, sustainability
(IN BRIEF) The GE Vernova—ANDRITZ HYDRO Corp. consortium has been awarded an EPC contract for the installation of two synchronous condensers at the LCRA TSC project in West Texas. The project, recommended by ERCOT, aims to improve grid stability in … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Technology
Tagged AI demand, Andritz Hydro, Bakersfield substation, Daniel Carrier, energy demand, energy transformation, EPC contract, ERCOT, GE Vernova, grid stability, Industrial Growth, Kristian Koellner, LCRA Transmission Services Corporation, Olivier Ruiz, power outages, project, reactive power, renewable energy, renewable generation, Synchronous Condensers, Texas grid, voltage management, West Texas
(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in additional financing for the expansion of the Stockholm metro, supporting the development of 30 km of new tracks, 18 new stations, and the creation of 130,500 housing units. … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged Ceequal certification, City of Stockholm, climate goals, EIB, EU funding, European Investment Bank, Housing Development, infrastructure, Paris Agreement, public transport, Region of Stockholm, renewable energy, SEK 12 billion, Stockholm metro expansion, sustainability, sustainable mobility, transport infrastructure
(IN BRIEF) Enel Green Power North America (EGPNA) has signed a swap agreement with Gulf Pacific Power (GPP) to increase its equity stake in operational wind farms in the USA. This agreement will increase Enel’s net installed capacity by 285 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged brownfield projects, capacity increase, EBITDA, Enel, Enel Green Power, energy transition, Green Energy, Gulf Pacific Power, net financial debt, operational assets, renewable energy, swap agreement, USA, wind energy, wind farms
(IN BRIEF) GEA is helping Lignatherm AG achieve its sustainability goals by providing a customized three-stage water treatment system at its new wood fiber insulation board factory in Küssnacht, Switzerland. This innovative system reduces fresh water usage by over 95% … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Investment, Management, News, Switzerland, Technology
Tagged chemical processing, eco-friendly production, energy efficiency, environmental sustainability, GEA, Lignatherm, mechanical vapor compression, MVR system, renewable energy, resource conservation, sustainable production, Swiss manufacturing, thermal separation, wastewater recycling, water treatment, water-saving technology, wood fiber insulation
(IN BRIEF) KfW IPEX-Bank has played a leading role in financing the Baltyk 2 and Baltyk 3 offshore wind farms in Poland, each with a 740 MW capacity. With a EUR 3 billion financing for each project, KfW IPEX-Bank, as … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology
Tagged Baltyk 2, Baltyk 3, Coal Phase-Out, energy transition, Equinor, Euler Hermes, European export industry, export credit agencies, financing, greenhouse gas emissions, KfW IPEX-Bank, Offshore wind, offshore wind market, partnership, Poland, Polenergia, renewable energy, Siemens SG 14-236 DD, sustainability, Velibor Marjanovic
(IN BRIEF) WACKER has completed a major expansion at its Zhangjiagang site in China, investing a significant amount to increase production of silicone fluids, emulsions, and elastomer gels. This expansion supports the company’s “in China for China” strategy, allowing WACKER … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Science, Technology
Tagged "in China for China" strategy, Alvin Hu, CHINA, Christian Kirsten, construction, cosmetics, electromobility, GMP, industrial applications, medical technology, partnership, personal care, production capacity, renewable energy, silicone elastomer gels, silicone emulsions, silicone fluids, specialty silicones, sustainability, textiles, WACKER, Zhangjiagang
(IN BRIEF) RATO Credit Union has partnered with the European Investment Fund (EIF) under the InvestEU program to provide €20 million in financing for sustainable projects in Lithuania. This agreement enables RATO to offer more accessible loans with favorable terms, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Lithuania, Luxembourg, Management, News, Small Business, Technology
Tagged clean transport, climate change mitigation, EIF, energy efficient buildings, European Investment Fund, financing, financing agreement, green buildings, green financing, green transition, InvestEU, Lithuania, low-emission transport, partnership, RATO Credit Union, renewable energy, sustainability, sustainable projects
(IN BRIEF) Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has resumed construction on the Empire Wind project after the Bureau of Ocean Energy Management lifted the stop work order. The project, which is more than 30 percent complete, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Anders Opedal, Bureau of Ocean Energy Management, Empire Offshore Wind, Empire Wind, energy infrastructure, Equinor, job creation, Molly Morris, New York, offshore installation, Offshore wind, partnership, renewable energy, stop work order, sustainability, U.S. energy projects
(IN BRIEF) Energiekontor AG, a leader in wind and solar energy projects, has successfully achieved financial closure for two solar park projects in France, marking a key milestone in its expansion into the French market. Located in the Occitania region, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged CRE, Energiekontor, energy diversification, financial close, France, French Energy Regulatory Commission, Lachapelle-Auzac solar park, Occitania, partnership, Peter Szabo, Photovoltaic Systems, PPE2 Sol P6, renewable energy, Rignac solar park, solar energy, sustainability
(IN BRIEF) The EBRD has invested €76 million in VGP’s green bond programme, aimed at supporting the development and acquisition of sustainable logistics and industrial parks in Central and Southeastern Europe. The funding will help expand the availability of high-quality, … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Real Estate, Technology, United Kingdom
Tagged CROATIA, Czechia, decarbonisation, EBRD, energy efficient buildings, EPC A certification, EU green taxonomy, Green Bonds, Green Economy Transition, Hungary, industrial real estate, Jan Van Geet, partnership, real estate development, renewable energy, Romania, SERBIA, Slovak Republic, sustainability, sustainable infrastructure, sustainable logistics, VGP, Vlaho Kojakovic
(IN BRIEF) The EIF and BNP Paribas Leasing Solutions have signed a landmark agreement to provide a €200 million portfolio guarantee, aimed at enhancing access to business asset leasing solutions for SMEs and small mid-caps across France, Germany, Italy, and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged BNP Paribas Leasing Solutions, climate change mitigation, economic development, EIB Group, EIF, energy transition, European Investment Fund, financing solutions, Green Technologies, InvestEU, partnership, portfolio guarantee, renewable energy, small Mid-Caps, SMEs, sustainability
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