Tag Archives: renewable energy

Equinor’s Empire Wind Project Moves Forward, Construction Resumes Following BOEM Approval

(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

Energiekontor Secures Financial Close for First Two Solar Park Projects in France as Part of Expansion Strategy

(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

EBRD Invests €76 Million in VGP’s Green Bonds to Enhance Sustainable Logistics Infrastructure in Central and Southeastern Europe

(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

EIF and BNP Paribas Leasing Solutions Sign Landmark €200 Million InvestEU Guarantee to Support SMEs in Sustainability Transition

(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

AFRY Joins Nexans in Consulting Support for Gotland Connection Project to Address Growing Energy Demand

(IN BRIEF) AFRY has been appointed as the advisory partner for the Gotland Connection project, working alongside Nexans to support the delivery of high-voltage subsea and onshore cables. The project, commissioned by Svenska Kraftnät, aims to address Gotland’s growing electricity … Read the full press release

ENERCON Achieves Milestone with First Kilowatt Hour Fed Into Grid from E-175 EP5 E2 Prototype

(IN BRIEF) ENERCON has successfully commissioned the E-175 EP5 E2 prototype at the Wachendorf site in Lower Saxony, marking a key milestone in the turbine’s development. The E-175 EP5 E2, with a rated power of 7.0 MW and a rotor … Read the full press release

IONITY to Expand Charging Infrastructure with EUR 50 Million Investment from KfW IPEX-Bank, Supporting the Transition to Electric Mobility

(IN BRIEF) KfW IPEX-Bank has provided EUR 50 million to IONITY to support the expansion of its High Power Charging network across Europe. This investment will enhance IONITY’s infrastructure, particularly in Germany, France, Sweden, and the UK, by improving charging … Read the full press release

Iron Powder: A Sustainable Solution for Energy Storage, Developed by Professor Philip de Goey

(IN BRIEF) Professor Philip de Goey of Eindhoven University of Technology has pioneered the development of iron powder as a sustainable energy carrier. This innovation allows energy from renewable sources to be stored safely and reused efficiently, offering a new … Read the full press release

VIVID Secures £50 Million Loan from Barclays to Retrofit Over 2,000 Homes Backed by National Wealth Fund’s Guarantee Scheme

(IN BRIEF) VIVID has secured a £50 million loan from Barclays, the largest loan available under the National Wealth Fund’s (NWF) £1.3 billion social housing retrofit guarantee scheme. This will support the retrofit of over 2,000 homes, improving energy efficiency … Read the full press release

EBRD Funds US$ 30 Million Solar and Storage Project in Egypt to Enhance Clean Energy Infrastructure

(IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA’s Obelisk Solar Power project in Egypt. The loan will finance the construction of a 1 GWac solar plant and 200 MWh battery storage system … Read the full press release

Gasum’s Charter Vessel Kairos to Use Bio-LNG for FuelEU Maritime Compliance, Cutting Carbon Footprint of Shipping Industry

(IN BRIEF) Gasum’s chartered LNG bunker vessel Kairos will run on bio-LNG to support FuelEU Maritime compliance and further reduce the carbon footprint of the shipping industry. This collaboration with Bernhard Schulte strengthens Gasum’s commitment to providing sustainable solutions for … Read the full press release

Norrslam AB to Launch Sweden’s First Full-Scale Sludge Incineration Plant at Umeå Eco Industrial Park

(IN BRIEF) Norrslam AB plans to establish Sweden’s first full-scale sludge incineration plant at Umeå Eco Industrial Park to address the country’s wastewater treatment by-products. This innovative project will incorporate mono-incineration technology, using liquid sludge as a fuel source, and … Read the full press release

AeroDelft Makes History as First Student Team to Test Electric Aircraft Powered by Liquid Hydrogen

(IN BRIEF) AeroDelft has made history as the first student team to successfully test an electric aircraft propulsion system powered by liquid hydrogen, marking a significant step in the journey towards sustainable aviation. The POTOMAC Phase III trial demonstrates the … Read the full press release

Evonik Completes Global Transition of PU-Additive Production to Green Electricity, Strengthening Sustainability Commitment

(IN BRIEF) Evonik has completed the transition of its global PU-additive production sites to green electricity, aligning with its sustainability goals of reducing emissions and improving production efficiency. This shift applies to the company’s amine and silicone platforms, and includes … Read the full press release

Koppö Energia Partners with thyssenkrupp Uhde for E-Methanol Plant Using Green Hydrogen and CO2

(IN BRIEF) Koppö Energia has chosen thyssenkrupp Uhde’s green methanol technology for its e-methanol plant in Kristinestad, Finland, part of a power-to-x project aimed at producing sustainable e-methanol for maritime and e-gasoline markets. This plant will capture CO2 and use … Read the full press release

DNV Launches Advanced Solar Resource Measurement Stations to Boost Italy’s Renewable Energy Efforts

(IN BRIEF) DNV has launched a network of advanced solar resource measurement stations across Italy to support the country’s renewable energy goals. These stations measure solar irradiance, albedo, and soiling data to optimize energy output, particularly for bifacial solar modules, … Read the full press release

Hydro Extrusions’ Paul Warton Appointed Chair of European Aluminium, Succeeding Philipp Schlüter

(IN BRIEF) Paul Warton, Executive Vice President of Hydro Extrusions, has been appointed the new Chair of European Aluminium, succeeding Philipp Schlüter. Warton, with over 30 years of experience in the aluminium industry, will lead the organization in promoting sustainability, … Read the full press release

Alfa Laval to Celebrate 100 Years in Japan at World Expo 2025 in Osaka

(IN BRIEF) Alfa Laval is excited to participate in the World Expo 2025 in Osaka, Japan, as a partner in the Nordic Pavilion. The event will address key global challenges, from improving energy efficiency to decarbonizing shipping. Alfa Laval’s presence … Read the full press release

Ørsted Expands Partnership with Schroders Greencoat through GBP 456 Million Farm-Down of West of Duddon Sands Stake

(IN BRIEF) Ørsted has completed a farm-down of a 24.5% stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat, valued at GBP 456.1 million. The transaction supports Ørsted’s capital structure, risk diversification, and capital recycling strategy. … Read the full press release

OMV Launches Austria’s Largest Green Hydrogen Production Plant to Drive Sustainable Fuels and Chemicals

(IN BRIEF) OMV has launched Austria’s largest green hydrogen production plant at its Schwechat refinery, with an annual capacity of up to 1,500 metric tons. This EUR 25 million investment will significantly reduce CO2 emissions by up to 15,000 metric … Read the full press release