Tag Archives: renewable energy

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

Henkel and Synthomer Partner to Revolutionize Sustainable Adhesive Production with Carbon Reduction Goals

(IN BRIEF) Henkel and Synthomer have formed a strategic partnership to reduce carbon emissions in the production of Henkel’s TECHNOMELT® hot melt adhesives. This collaboration focuses on integrating renewable energy in the production process and incorporates Synthomer’s CLIMA-branded products to … Read the full press release

RWE Installs First Monopile at Thor Offshore Wind Farm, Advancing Towards Denmark’s Largest Renewable Energy Project

(IN BRIEF) RWE has installed the first monopile at the Thor offshore wind farm, marking the beginning of the largest renewable energy project in Denmark. The wind farm, set to be fully operational in 2027, will generate enough electricity to … Read the full press release

Deutsche Bank Earns Multiple Accolades at The Asset Triple A Treasurise Awards 2025 for Exceptional Corporate Banking Services

(IN BRIEF) Deutsche Bank was honored with several awards at The Asset Triple A Treasurise Awards 2025, including Best Liquidity Management Bank and Best Structured Trade Finance Bank. The bank also received recognition as the Best Transaction Bank in China … Read the full press release

GreenPowerMonitor Unveils Enhanced Energy Management Solutions to Support the Transition to Hybrid Energy Plants

(IN BRIEF) GreenPowerMonitor (GPM), now part of DNV, has introduced important advancements in its energy management solutions aimed at supporting the transition to hybrid energy plants and improving grid stability. These updates include the Hybrid Energy Management System (HEMS) and … Read the full press release

CapMan Infra Expands Data Centre Platform with Acquisition of Three High-Quality Facilities in Sweden

(IN BRIEF) CapMan Infra has acquired three data centres in Sweden, expanding its data centre platform to strengthen its presence in the Nordic region. The acquisition includes high-quality facilities in Stockholm and Piteå, providing advanced infrastructure for AI and HPC … Read the full press release

Snam’s BW Singapore Unit Successfully Commissioned, Strengthening Italy’s Energy Diversification

(IN BRIEF) The BW Singapore regasification unit in Ravenna has completed commissioning and will soon begin operations, adding 5 billion cubic meters to Italy’s LNG regasification capacity. This will bring Italy’s total regasification capacity to 28 billion cubic meters annually, … Read the full press release

Ingka Investments Launches First Solar Park in Poland, Expanding Commitment to Renewable Energy

(IN BRIEF) Ingka Investments has inaugurated its first solar park in Poland, a 29 MW installation in Recz developed with Enerparc. The project adds to Ingka Group’s renewable energy portfolio in the country, which now includes seven wind farms and … Read the full press release

RWE Begins Construction of 22.8 MW Wind Farm to Power 20,000 Homes Near Papenhagen

(IN BRIEF) RWE has started construction on a new 22.8 MW onshore wind farm near Papenhagen, Germany, with commissioning expected by mid-2026. The site will generate enough green electricity to power around 20,000 households. As part of a community benefit … Read the full press release

Infineon to Highlight Cutting-Edge Power Solutions for the Green and Digital Future at PCIM Europe 2025

(IN BRIEF) Infineon Technologies will spotlight its most advanced power semiconductor technologies at PCIM Europe 2025 in Nuremberg, demonstrating solutions that support global decarbonization and digitalization efforts. Visitors to booth #470 in hall 7 will discover new silicon, SiC, and … Read the full press release

ZF Wind Power Unveils World’s Largest Validation Test Rig to Accelerate Innovation in Wind Turbine Systems

(IN BRIEF) ZF Wind Power has commissioned the world’s largest and most powerful wind powertrain validation test rig, now operational at its Test and Prototype Center in Lommel, Belgium. The 30 MW rig is capable of simulating real-world forces on … Read the full press release

Amanda Dasch and Godson Njoku Join Ørsted’s Executive Team as Part of Strategic Realignment

(IN BRIEF) Effective 1 May 2025, Ørsted is expanding its Group Executive Team with the appointments of Amanda Dasch as Chief Development Officer and Godson Njoku as Chief Generation Officer. Dasch will lead commercial development and strategic functions globally, while … Read the full press release

Helsinki’s Biomedicum 1 to Slash Energy Use by 60% Thanks to NIB-Financed Renovation

(IN BRIEF) The Nordic Investment Bank (NIB) has granted an €8 million loan to Kiinteistö Oy Biomedicum Helsinki to finance the renovation of Biomedicum 1, a key research and education building in the Meilahti medical campus. Scheduled for completion by … Read the full press release

BBVA Secures Global Tier IV Gold Recognition Again with Eco-Friendly Data Center Upgrades

(IN BRIEF) BBVA has renewed the Tier IV Gold Certification for Operational Sustainability from the Uptime Institute for its Data Processing Center in Tres Cantos, Madrid. This honor, awarded to data centers that meet stringent operational and energy efficiency standards, … Read the full press release

EIB Joins LeapFrog to Drive Climate Innovation Across Africa and Asia with $60M Commitment

(IN BRIEF) The European Investment Bank has pledged $60 million to support LeapFrog Investments’ Climate Investment Strategy, a fund aiming to deploy $500 million for green technologies across Africa and Asia. Joined by partners such as IFC, Temasek, and SIFEM, … Read the full press release

Lightsource bp Marks Earth Day with a Continued Commitment to Powering the Planet Responsibly

(IN BRIEF) In celebration of Earth Day 2025, Lightsource bp highlights its commitment to responsible renewable energy development under the global theme “Our Power, Our Planet.” The company has delivered over 11.5GW of clean energy worldwide, with a sustainability-first approach … Read the full press release

CERN Reaffirms Energy Management Leadership with Successful 2025 ISO 50001 Audit

(IN BRIEF) CERN has successfully passed its 2025 ISO 50001 surveillance audit, affirming its leadership in energy management and commitment to sustainability. The audit, conducted by AFNOR, found no nonconformities and praised the maturity of CERN’s energy strategies. Recent initiatives … Read the full press release

Nordex Reflects on Four Decades of Climate Impact as Earth Day 2025 Highlights Renewable Progress

(IN BRIEF) To commemorate Earth Day 2025, Nordex is highlighting its four-decade journey in sustainable wind power development. From pioneering early efforts to reduce CO2e emissions in the 1980s to installing over 57 GW of wind capacity in more than … Read the full press release

ABL to Oversee Marine Warranty for Scotland’s 1.1 GW Inch Cape Offshore Wind Project

(IN BRIEF) ABL has been appointed as marine warranty surveyor for the Inch Cape Offshore Wind Farm, a 1.1 GW offshore wind project off the coast of Scotland. The consultancy will manage marine assurance for the transport and installation of … Read the full press release