(IN BRIEF) 50Hertz reported that its Baltic Sea offshore grid connection systems transmitted around 5,400 GWh of electricity in 2025, roughly ten percent more than the previous year despite weak wind conditions, driven mainly by the full integration of the … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged 400 GWh, 5, 50Hertz, 50Hertz Highlights Rising Importance of Baltic Sea Offshore Wind as New Projects Advance Toward Operation, Arcadis Ost 1, Baltic Eagle, Baltic Sea, Bornholm Energy Island, climate protection, Energinet, energy transition, Gennaker, grid connection systems, HVDC interconnector, Iberdrola, Offshore wind, onshore wind, Rügen, security of supply, Skyborn Renewables, Stefan Kapferer, Windanker
(IN BRIEF) Eurogrid GmbH, the parent company of 50Hertz, has secured a one billion euro, ten-year loan agreement with twelve banks as part of a KfW-backed green syndicated financing deal. The loan will fund two offshore grid projects, Ostwind 4 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 50Hertz Transmission GmbH, 525 kV standard, Baltic Sea, CFO, climate protection, corporate investment, direct current grid connection, Eurogrid GmbH, financing instruments, financing strategy, green loan, green syndicated financing, IKB Deutsche Industriebank, KfW, LanWin 3, Marco Nix, North Sea, offshore grid connections, Ostwind 4, partnership, renewable energy, Rügen, Schleswig-Holstein, sustainability
(IN BRIEF) Iberdrola and TMD Friction Services have signed a 15-year contract for the supply of green electricity. Iberdrola will provide approximately 50 GWh of clean energy per year to cover over 50% of TMD’s electricity demand in Germany starting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Spain
Tagged Baltic Eagle, Baltic Sea, brake materials, clean electricity, green electricity, GREEN HYDROGEN, Iberdrola, Ignacio Galan, offshore wind turbines, PPA, renewable energy, Rügen, TMD Friction Services, Wikinger, Windanker Offshore Wind Farm
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